Turkish investors ready to take stake in Akkuyu NPP - Putin
Russian President Vladimir Putin said that Turkish investors were ready to acquire a stake in the Akkuyu nuclear power plant, which is being developed by Russia's Rosatom in Turkey.
business in the East
New Wildberries warehouses to open in Almaty and Astana
Wildberries e-commerce company is building warehouses in Astana and Almaty, Kazakhstan, with a total area of approximately 260,000 square meters, Kazakhstan's Minister of Trade and Integration Arman Shakkaliyev said.
Trade volume between Azerbaijan and Kazakhstan in 2026 announced
Trade between Azerbaijan and Kazakhstan in the first five months of 2026 totalled $150 million, with Kazakhstan accounting for the largest share.
Russia developing over 300 projects in Uzbekistan and Kazakhstan worth 106 bln dollars
The portfolio of joint Russian-Kazakhstani initiatives exceeds 170 projects worth around 3.9 trillion rubles ($51.7 bln), Russian First Deputy Prime Minister Denis Manturov said. "Overall, our portfolio of initiatives …
Azerbaijan and UAE scale back mutual investments in 2025
In 2025, Baku and Abu Dhabi reduced their investments in each other's economies compared to 2024. Together, the two countries invested slightly more than $700 million in each other's economies in the previous year.
Baku and Abu Dhabi to forge agricultural roadmap
The United Arab Emirates plans to develop a structured agricultural roadmap with Azerbaijan to strengthen bilateral cooperation in food security and agribusiness, UAE Minister of Climate Change and Environment Amna Al Dahak Al Shamsi said.
Azerbaijan and Israel expand business opportunities
During a meeting with Israeli Foreign Minister Gideon Sa'ar and at the Azerbaijan-Israel Business Forum in Baku, discussions centered on the expansion of economic relations and the exploration of new partnership opportunities between the two nations, the Azerbaijani Ministry of Economy reported.
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.
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. …
