Following a successful Category A funding round in March 2024, Uzum became the first fintech unicorn in Uzbekistan with a market capitalization of over USD 1 billion. This week it announces financial and operational results for the first half of FY2024 and the results speak for themselves as it prepares for category B funding.
American Enterprise Institute Director Joseph Epstein discusses Uzbekistan’s tech eco-system with Minister of Development of ICT Sherzod Shermatov and their campaign to attract tech talent to the region.
In a whirl-wind tour of diplomacy, the two parties discussed means to further enhance cooperation between the Republic of Uzbekistan and the World Council of Muslim Communities.
The UAE’s Advanced Technology Research Council (ATRC), mandated to shape an advanced R&D ecosystem in Abu Dhabi, signed an MoU with the Ministry of Digital Technologies of the Republic of Uzbekistan.
Global trade is shifting as nations actively pursue regional agreements in Latin America, the Middle East, and ASEAN. Driven by a desire for enhanced economic cooperation and diversified partnerships beyond traditional Western markets, these deals focus on tariff reduction and increased market access.
Tariffs are shaking things up, and, with smart policy changes, better infrastructure, and expanding markets, we take a dive into which regions are quickly becoming the new go-to destinations for investors.
A growing number of global corporations—spanning tech, automotive, e-commerce, and luxury sectors—are shifting manufacturing hubs to South Asia and Latin America. This diversification is driven by the need to mitigate supply chain uncertainties against geopolitical trade tensions.