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President of Uzbekistan Islam Karimov signed a decree on Personal structure of the Cabinet of Ministers

President of Uzbekistan Islam Karimov approved personal structure of the Cabinet of Ministers with his resolution from 11 February 2015.

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The Heart of Domestic Industry

It stands to reason that power is often interpreted as the heart of the industrial production. In the age of advanced technologies, automated conveyors and equipment, an uninterrupted supply of energy is vital for the efficiency of enterprises.

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Uzbek companies register shares for 6.13 trln. soums in 2014

The Center for coordination and development of securities market and its territorial bodies registered 271 issues of shares for 6.13 trillion soums (on par value) in 2014 (currency rates of CB RU from 12.02.2015 1$= 2448.16 soums).

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Political Parties Submit their Documents for Registration of Candidates

The Movement of Entrepreneurs and Businessmen of Uzbekistan – the Liberal Democratic Party (UzLiDeP) and the Milliy Tiklanish (National Revival) Democratic Party of Uzbekistan presented the required package of documents to the Central Election Commission (CEC) for registration of candidates for the President of the Republic of Uzbekistan.

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More than 26 thousand new small businesses were created in 2014

In 2014 work on the creation of a favorable business environment and investment climate, improvement of the legal and regulatory framework, the elimination of unnecessary bureaucratic and administrative procedures for doing business was continued.

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The World Bank delegation visit

A World Bank delegation headed by Mark Woodward, the Lead Expert in Social Development has visited Uzbekistan on issues of cooperation in the sphere of social and labor relations.

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The Alisher Navoi National Park of Uzbekistan Hosted an Official Event Dedicated to the 574th Birthday Anniversary of the Great Poet

The spiritual heritage of Alisher Navoi plays a huge role in enhancing the spirituality of our people, especially the younger generations, respect for the native language. In this regard, our country pays great attention to the wide use of the poet's works in the education of youth as harmoniously developed personalities.

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Uzbekistan Airways turns 23

Nowadays, many airlines across the globe have found themselves in a predicament. The crisis has taken its toll on the work of low-cost airlines, while forcing major players to slash ticket prices to lure customers aboard underloaded flights. That said, aircraft giants Boeing and Airbus posted record sales in 2014, having delivered 723 and 629 airliners respectively. Moreover, they have reported orders for 1,432 and 1,456 airplanes, respectively, for the future. The explanation for the disparity is quite simple: the crisis pushes inefficient companies out of the market, thereby presenting unique growth opportunities to other companies. Experts rate Uzbekistan Airlines among the favorites as within a relatively short period the company has managed not just to carve out a niche in a tough and competitive market, but also to outstrip rivals in many respects.

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