The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting the Paris Agreement goals, analysis by consultancy Wood Mackenzie shows.

Uzbekistan is taking steps to develop its capital market and increase the total volume of securities in free circulation to at least 5 percent of the country's GDP, as a part of its plan to reform its economy.

Turkmenistan’s leader, veering from a long-standing policy of discouraging international investments, says his country needs capital inflows to realise its oil and gas potential.

Kazakhstan plans to make changes to the Central Asian country's electoral legislation, easing requirements for political parties and introducing direct voting at the local municipal election, in a move to liberalise its political system.

Uzbekistan’s first gas-to-liquids project, worth $3.6 billion, has entered its final stage after delays caused by the COVID-19 pandemic.

Uzbekistan’s state company Toshkent Metropoliteni and Russia's Metrovagonmash signed a 52.85 million euros ($63 million) contract for the purchase of ten trains for the Tashkent metro.