manufacture in the East

Russian company to build $100 mln plant in Uzbekistan

Russian company to build $100 mln plant in Uzbekistan

Russia's Arnest Packaging Solutions, a division of Arnest Group, has signed an investment agreement with Uzbekistan to build a plant to manufacture aluminum beverage cans. Investment in the project will total about $100 million. The …

Israel strikes Iran's car manufacturing plant in Syria

Israel strikes Iran's car manufacturing plant in Syria

Israeli airstrikes targeted several locations across Syria after midnight Thursday, injuring at least one person and causing significant material damage, according to Syrian state television. The primary strike targeted a car …

Kazakhstan's first tire plant openы in Saran

Kazakhstan's first tire plant openы in Saran

Russia's Tatneft has begun mass production of tires at a recently built tire plant in Saran, Kazakhstan under the Attar brand, head of the Russian oil company's tire division Andrei Pantyukhov said. "In June …

Türkiye to boost high tech aspirations

Türkiye to boost high tech aspirations

Türkiye is gearing up to introduce a new investment program targeting its aspirations of making the country a global hub in emerging technology fields. The "HIT-30: High Technology Investment Program" will be introduced …

Iran increasing fishery export

Iran increasing fishery export

Director general of the Iranian Ministry of Agriculture’s Office of Quality Improvement, Processing, and Aquatic Market Abbas Mokhtari said the value of Iran’s fishery export increased by over 30% during the first quarter of the …

Copper cluster to be established in eastern Kazakhstan

Copper cluster to be established in eastern Kazakhstan

The agreement on the construction of a smelter with a capacity of 300 thousand tonnes of copper per year was signed between Kazakhstan and China. The plant will be built near the village of Aktogay in the Abay region. The source of …

Türkiye starts mass production of Altay tank

Türkiye starts mass production of Altay tank

Türkiye has started mass production of the country's first domestically made main battle tank Altay, head of the Presidency of Defense Industries Haluk Görgün said. "We have started the …

Iran’s trade with OIC member states hits $61 billion

Iran’s trade with OIC member states hits $61 billion

The value of the trade exchanges between Iran and the Organization of Islamic Conference member states reached $61 billion in the past Iranian year. Head of the Iran Customs Administration (IRICA)  Mohammad Rezvanifar put the …

Azerbaijan and Türkiye intend to expand defense cooperation

Azerbaijan and Türkiye intend to expand defense cooperation

The Turkish delegation led by President of Secretariat of Defense Industries under the Presidency of Türkiye Haluk Gorgun held meetings with the Azerbaijani Minister of Defense and the Azerbaijani President in Baku on April …

Iran overtakes Russia in car production

Iran overtakes Russia in car production

Iran's car output reached 1.188 million units in 2023 and took 16th place in the world car production, the International Organization of Motor Vehicle Manufacturers (OICA) reported. According to the OICA, car production in …

Türkiye refutes claims of weapon sales to Israel

Türkiye refutes claims of weapon sales to Israel

Türkiye has rejected allegations of defence-based cooperation with Israel. The statement came after claims by some media outlets that Türkiye continues to export gunpowder, weapons and ammunition to Israel. …

Russians continue to open companies in Kazakhstan

Russians continue to open companies in Kazakhstan

Russian companies currently play a dominating role in Kazakhstan’s consulting and IT industry, while overall the inflow of companies from Russia to the republic keeps "increased dynamics" compared with other countries, according …

Uzbekistan to provide jobs for 5 mln people in 2024

Uzbekistan to provide jobs for 5 mln people in 2024

Uzbek President Shavkat Mirziyoyev has familiarized himself with a program to create new jobs in the country in 2024, which envisages providing jobs for 5 million people, the presidential press service reported. …

Azerbaijani-Uzbek joint venture commissioned in Hajigabul

Azerbaijani-Uzbek joint venture commissioned in Hajigabul

A new enterprise has been commissioned in the Hajigabul Industrial Estate (District), which is under the jurisdiction of the Economic Zones Development Agency under Azerbaijan's Economy Ministry, Azerbaijani Minister of Economy Mikayil …