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The ruble has strengthened to its highest level since August 2024 following discussions between Putin and Trump.

The ruble has strengthened to its highest level since August 2024 following discussions between Putin and Trump.

On the Forex market, the dollar exchange rate fell below 90 rubles, while trading volume on the Moscow Exchange reached a record $4.5 billion.
Lawmakers approved a bill concerning the rehabilitation and liquidation of banks.

Lawmakers approved a bill concerning the rehabilitation and liquidation of banks.

The authorized government body in this area is determined to be the Central Bank. The document must be approved by the Senate.
A basement of a residential building has been put up for auction in the area of the Alai market.

A basement of a residential building has been put up for auction in the area of the Alai market.

A space covering 29,000 square meters is being offered at a starting price of 28.5 billion sums.
A water utility company in the Navoi region has been fined for price inflation.

A water utility company in the Navoi region has been fined for price inflation.

The company credited subscribers with over 200 million soms due to a rate increase that was implemented without prior notice.
The Labor Code introduces a ban on dismissing employees due to pregnancy.

The Labor Code introduces a ban on dismissing employees due to pregnancy.

The requirement to present passports, ID cards, and employment records during the hiring process has also been canceled.
Mortgage securities can now be transferred online.

Mortgage securities can now be transferred online.

Additional agreements with amendments to the mortgages will be executed through EPIHU.
In 2024, TBC Uzbekistan doubled its net profit and credit portfolio.

In 2024, TBC Uzbekistan doubled its net profit and credit portfolio.

TBC has increased its share in the consumer lending segment. Additionally, there has been a significant rise in the volume of deposits from individuals.
The stock exchange suspended trading of Humans and Maroqand shares starting February 10.

The stock exchange suspended trading of Humans and Maroqand shares starting February 10.

In September, the Central Bank restricted the provision of several services by Maroqand, a subsidiary of Humans, for a period of six months.
The Gurlan Global cotton cluster has been accused of price manipulation.

The Gurlan Global cotton cluster has been accused of price manipulation.

A company from Khorezm was selling cotton fiber, lint, and oil outside of exchange trading.
Streetpark Systems has won the tender to develop a paid parking system in Tashkent.

Streetpark Systems has won the tender to develop a paid parking system in Tashkent.

Prior to this, the company won the re-auction for leasing land to establish a parking facility.
The Ministry of Transport has discussed purchasing 1,000 buses for Tashkent from the Chinese company Yutong.

The Ministry of Transport has discussed purchasing 1,000 buses for Tashkent from the Chinese company Yutong.

Ilkhom Makhkamov emphasized the need to enhance the service support for Yutong buses in Uzbekistan.
Weekly highlights: increased recycling fees for electric vehicles, the return of $182 million in assets belonging to Gulnara Karimova, and record gold prices.

Weekly highlights: increased recycling fees for electric vehicles, the return of $182 million in assets belonging to Gulnara Karimova, and record gold prices.

Spot has gathered the most important articles and news from this week that you may have missed.
The mineral extraction tax will double for brick manufacturers.

The mineral extraction tax will double for brick manufacturers.

Companies with "green" status will earn bonus points in the sustainability rating.
Hayot Birja has been granted a license to operate as a commodity exchange.

Hayot Birja has been granted a license to operate as a commodity exchange.

She oversees the XT-Xarid platform for government procurement, which was launched in 2020.
Zafar Khashimov has been appointed head of the Association of Retail Trade and Catering Enterprises.

Zafar Khashimov has been appointed head of the Association of Retail Trade and Catering Enterprises.

The President endorsed the proposal to establish an association founded by 10 entrepreneurs.
The president has ordered a simplification of the export process for gasoline and motor oils.

The president has ordered a simplification of the export process for gasoline and motor oils.

Now, there will be no requirement for advance payment, bank guarantees, or insurance during their delivery.
How X2POS simplifies store automation in Uzbekistan.

How X2POS simplifies store automation in Uzbekistan.

Busoft, the official dealer of the X2POS system in Uzbekistan, explained how the software assists stores in automating sales, managing inventory, and increasing profits.
Residents of Namangan region will have 18 billion sums of debt for garbage collection written off.

Residents of Namangan region will have 18 billion sums of debt for garbage collection written off.

The Competition Committee discovered that residents were being charged for waste collection services that were not actually provided.
A commercial space in Tashkent City has been put up for sale due to debts.

A commercial space in Tashkent City has been put up for sale due to debts.

A section of the fourth floor in an unfinished 17-story building is valued at 54 billion sums.
Elon Musk offered to buy OpenAI for $97.4 billion, but Sam Altman declined the proposal.

Elon Musk offered to buy OpenAI for $97.4 billion, but Sam Altman declined the proposal.

Altman proposed to buy Twitter for $9.74 billion, to which Musk labeled him a fraud.
LLCs are exempt from the state registration of founding agreements.

LLCs are exempt from the state registration of founding agreements.

The legislation will define the concepts of consortium agreements and corporate contracts.
In Tashkent, nearly 1,500 violations related to outdoor advertising were identified over the past year.

In Tashkent, nearly 1,500 violations related to outdoor advertising were identified over the past year.

The Competition Committee has initiated cases in 15 instances and issued 295 warnings.
The Central Bank of Uzbekistan is now operational on weekends as well.

The Central Bank of Uzbekistan is now operational on weekends as well.

Several branches across the country will be open on weekends from 9:00 AM to 5:00 PM. This weekend schedule will allow customers to address their financial matters at a time that suits them best.
Tatiana Asmakovets has been appointed as the acting chairperson of the board at Yangi Bank.

Tatiana Asmakovets has been appointed as the acting chairperson of the board at Yangi Bank.

The former head of the bank, Svetlana Khe, will take the helm at Uzum Bank. Asmakovets is in charge of the SME department and is a member of the board.
Xon Saroy: The key handover for the latest Orzular project has officially begun for the new homeowners.

Xon Saroy: The key handover for the latest Orzular project has officially begun for the new homeowners.

The first residents of the new residential complex are already receiving their apartments, and the completion of four more blocks is scheduled for the end of the year.
Anorbank purchased the Ministry of Energy and Uztransgas buildings in central Tashkent for $33.92 million.

Anorbank purchased the Ministry of Energy and Uztransgas buildings in central Tashkent for $33.92 million.

Both transactions for the purchase of commercial real estate were completed in January.
Ulugbek Tavakkalov has been appointed as the Deputy Chairman of Capital Bank.

Ulugbek Tavakkalov has been appointed as the Deputy Chairman of Capital Bank.

The top executive will focus on developing the bank's retail sector following approval from the Central Bank.
Sales of "beautiful" license plates on the exchange doubled in 2024.

Sales of "beautiful" license plates on the exchange doubled in 2024.

The total trading volume on UzRTSB increased by nearly 12%, surpassing 164 trillion sums.
Cards: Why identity verification is crucial in banking and payment apps.

Cards: Why identity verification is crucial in banking and payment apps.

Payme explained why identity verification has become mandatory for users of banking and payment applications, when it needs to be completed, and what documents are required for the process.
The president has instructed to streamline the process for issuing online loans.

The president has instructed to streamline the process for issuing online loans.

Mirziyoyev criticized state banks for their lag in providing remote services.