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  • Monochrome by Centil Law: Search for power

    Content Types: ArticleRegions & Countries: KyrgyzstanKazakhstan...Industries: Clean Energy
    Total Eren reached an agreement to enter the renewables market in Uzbekistan committing EUR 150 million to fund a 100-MW solar power plant in the Samarkand region. Negotiations concluded in less than a year from the commencements of negotiations with the government. This is not Total Eren’s first project in Central Asia, as it launched two solar projects for a joint capacity of 128 MW in Kazakhstan last year.
  • Monochrome: Some news and one very important one

    Content Types: NewsletterRegions & Countries: ChinaKyrgyzstan...Industries: Oil & GasBanking & Finance...
    There's a piece of news we find far more important than all the visits, pipelines, satellites, and billion-dollar contracts, but we'll try to build suspense first.
  • Monochrome: World is blazing, both literally and figuratively

    Content Types: NewsletterRegions & Countries: AzerbaijanIran...Industries: All
    The US has reimposed trade sanctions on Iran, barring it from buying US dollars and trading gold, metal and cars with the outside world. The rial is down to half its previous worth; prices are up by half their previous worth; and the political elites are fuming.
  • Kyrgyz lender teams up with Al Baraka to offer Islamic products

    Content Types: ArticleRegions & Countries: KyrgyzstanIndustries: Banking & Finance
    Hot on the heels of the Kyrgyz Republic revealing it is on the hunt for partners to set up the country’s first fully-fledged Islamic bank, one of the nation’s largest conventional lenders has confirmed that it will be developing Shariah compliant financial services in partnership with a global Islamic banking brand, lending strength to the landlocked country’s Islamic finance ambitions.
  • Kyrgyz government and IDB on the hunt for partners to set up Republic’s first fully-fledged Islamic bank

    Content Types: ArticleRegions & Countries: KyrgyzstanIndustries: Banking & Finance
    The IDB and the Kyrgyz government are looking for technical partners to set up Kyrgyzstan’s first fully-fledged Islamic bank, a major move by the Republic in building a holistic Islamic finance ecosystem for its six million-strong population. It is also part of the IDB’s wider Central Asian development strategy.
  • Monochrome: The Dragon Arises

    Content Types: NewsletterRegions & Countries: ChinaSpain...Industries: Minerals & ResourcesInfrastructure...
    The main news of the week is the rising power of the Shanghai Cooperation Organisation (SCO). However, let’s start with other news first.
  • Baikonur, salt storms and rises in oil prices

    Content Types: NewsletterRegions & Countries: United KingdomIran...Industries: Minerals & ResourcesOil & Gas...
    There is incessant talk in Kyrgyzstan that Centerra Gold will be disposing its asset – the Kumtor gold mine. In fact this may not be just talk, as Chaart (a company listed on the Alternative Investment Market of the London Stock Exchange (AIM: CGH)) made an offer to acquire this asset for US$ 800m
  • Monochrome: headlines from Central Asia

    Content Types: NewsletterRegions & Countries: United KingdomIran...Industries: Oil & GasBanking & Finance...
    This week, Trump announced the US withdrawal from the Iranian deal, whilst also declaring that the US Army should have access to Iranian military bases. Oil prices are slowly rising.
  • Monochrome: Kyrgyzstan’s PM resigns

    Content Types: NewsletterRegions & Countries: ChinaIndia...Industries: Oil & GasBanking & Finance...
    During the height of the scandal surrounding Kyrgyzstan’s Smart City project, an accident occurred at a thermal power station during a particularly cold snap. There was much speculation that, sooner or later, the crisis would cost the Kyrgyz Prime Minister Sapar Isakov his job.
  • Monochrome: Uzbek tax reform

    Content Types: NewsletterRegions & Countries: IndiaKyrgyzstan...Industries: InfrastructurePower/Utilities...Services: Tax
    Tax reform is the topic on everyone’s lips in Uzbekistan, with rumours that even Alisher Usmanov’s consultants have been invited to develop the concept. According to the very long tax reform concept, the main objective is to simplify tax administration, lower VAT, remove unclear laws and regulations, abolish certain mandatory payments and generally reduce the tax burden.
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