UAE company interested in acquiring Lukoil's foreign assets
Abu Dhabi-based investment fund International Holding Company (IHC) has expressed interest in acquiring Lukoil’s foreign assets.
business in the East
Iran and Pakistan reviving cargo transportation to Turkey
The Islamabad-Tehran-Istanbul container train connecting Pakistan, Iran, and Türkiye is set to resume operations in December 2025, Iran’s Ministry of Roads and Urban Development reported.
Bolt taxi service enters Kazakh market
A new taxi service, Bolt, has launched in Kazakhstan. The Estonian company will compete with existing services like Yandex Go and InDrive, Kazakhstan's Ministry of Transport confirmed.
Beijing and Washington to discuss trade in London
Delegations of the US and Chinese governments will hold trade talks in London. Donald Trump noted that the USA has made significant progress in the agreement with China.
Azerbaijan-China trade turnover increased by 1.5 times
Azerbaijani customs statistics show a significant increase in trade with China
Over 500 KFC and Pizza Hut restaurants to close in Turkey
Restaurant operator Yum! Brands announced it has terminated its franchise agreements with Iş Gıda A.Ş., the owner and operator of all KFC and Pizza Hut restaurants in …
Turkish hotel chain acquires its own charter airline
Southwind Airlines, a charter airline in Türkiye, has been acquired by the owner of the Kilit Group hotel chain.
Turkish clothing brand to open new chain of stores in Russia
A chain of Les Benjamins stores will open in Russia. Currently, the products of this fashionable Turkish brand are available in Moscow's Tsvetnoy department store.
Wildberries and Uzbekistan to expand cooperation
Opportunities for Uzbek businesses to work with Wildberries and export goods will expand. A memorandum of cooperation was signed by the government of Uzbekistan and the management of Wildberries.
Wildberries and Ozon increase their sales in Kazakhstan
Sales of goods on the Wildberries and Ozon marketplaces in Kazakhstan surged significantly in 2024. Buyer activity will allow Russian online stores to expand their presence in Kazakhstan.
Yandex launches new taxi service in Uzbekistan
A new ride-hailing service called Fasten has appeared in the capital of Uzbekistan. The new Yandex product is aimed at young people and offers affordable prices.
Azerbaijan and Uzbekistan agree on energy, logistics and construction
Azerbaijan and Uzbekistan have exchanged signed agreements in various sectors, Azerbaijani Economy Minister Mikail Jabbarov said. “The Uzbek-Azerbaijani business forum hosted a ceremony of exchange of signed …
New Vodafone mobile operator to be launched in Uzbekistan
A new mobile operator will be established in Uzbekistan with the participation of the British company Vodafone and the Finnish company Nokia. …
Dubai Airport starts accepting rubles
However, the dirham exchange rate will be approximately 1.5 times higher than the official one
Foreigners allowed to buy tourist attractions in Issyk-Kul area
Kyrgyz President Sadyr Japarov has signed into law a bill allowing foreigners to buy tourist facilities in the Issyk-Kul resort area, the Kyrgyz …
New Russian brands start operating in UAE
Since the beginning of the year, nine more Russian companies have begun operating in the UAE. There are 68 Russian brands in the UAE now.
Russian cosmetics chain L'Etoile opens in Qatar
"L'Etoile" came to the Middle East. The opening of the first store of the Russian cosmetics chain took place in Doha in early June.
Türkiye fines Google $15mln over competition infringements
Türkiye's Competition Board fined U.S. tech giant Google 482 million liras (around $14.88 million) for failing to comply with an injunction related to hotel search queries. The regulatory body said that Google had not …
Wildberries mulling entry into Turkey and Oman
Wildberries is exploring the start of operations in Oman and Turkey, Chief Executive Officer of the Russian online retailer Tatiana Bakalchuk said. In …
Samsung TVs to be produced in Kazakhstan
The production of household appliances under the Samsung brand may begin in Kazakhstan. The company is currently negotiating with the country's government.
