The total debt of the Tajik Aluminum Company (TALCO) for electricity has reportedly reached 492.5 million somonis (over US$46 million) by July 1, 2024. Muhammad Ghulomov, the head of the Electricity Supervision Department at the Power Distributi...
The High Economic Court of Tajikistan has not yet made a final decision on the lawsuit filed by the Open Joint Stock Company (OJSC) Power Distribution Networks seeking to recover a debt of US$37 million from the Tajik Aluminum Company (TALCO). "T...
Abdullo Qurbonov, one of the founders of the successful fintech bank Alif Bank in Tajikistan, has revealed plans to enter the United Kingdom (UK) market in an interview with Asia-Plus. Although the opening of a full-fledged bank is still in progre...
Recently, the State Duma (Russia’s lower chamber of parliament) has been increasingly receiving proposals for reforming migration policies from various agencies. State Duma Chairman Vyacheslav Volodin has previously mentioned that 25 bills related t...
On July 18, Huawei showcased its advanced technological solutions for commercial business in Dushanbe. The event reportedly gathered around 80 participants, including representatives from the commercial sector, ministries, government agencies, local
Moody's Investors Service has assigned a B3 rating with a "Stable" outlook to the International Bank of Tajikistan (IBT). Press release issued by the IBT says “this rating reflects the bank's stability and reliability, c...
The Government of Tajikistan has instructed the Ministry of Finance to allocate 77.5 million somonis (TJS) to replenish the authorized capital of the Open Joint-Stock Company (OJSC) NBO Roghun. The government’s decree, which is posted on the Jus...
The European Bank for Reconstruction and Development (EBRD) has named Hüseyin Özhan as its acting Managing Director for Central Asia. He is succeeding Zsuzsanna Hargitai, who has been appointed Managing Director, SME Finance and Developmen...
Eurasianet reported on May 20 that China is poised to help Tajikistan complete some major infrastructure projects, including modernization of the state-controlled aluminum smelter (Tajik Aluminum Company, or TALCO), the country’s largest industrial
Italy will host the Asian Development Bank’s (ADB) 58th Annual Meeting from May 4-7, 2025, says press release issued by ADB Tajikistan Resident Mission (TJRM). The meetings will be held in Milan, marking Italy’s first time to host a...
An official presentation of the first direct flight from Dushanbe to Georgia’s capital, Tbilisi, took place at Hyatt Regency Dushanbe Hotel on April 27. About 200 people reportedly participated in the event, organized by Somon Air, Easyboo...
Huawei and Koinoti Nav have launched the first authorized training center -- Huawei Authorized Learning Partner (HALP) – in Tajikistan. Mr. Wang Shuanli, Huawei Vice-President for Middle East and Central Asia and Mr. Mirzo Faizullozoda, Di...
Tajikistan first privately owned air company, Somon Air, announce the launch of an air route from Dushanbe to Kazakhstan’s capital, Astana. The first flight on this air route is expected to be operated on April 2. Until April 19, it
Green Economy Forum 2024, dedicated to new opportunities for fostering entrepreneurship in the context of ecological sustainability, was held in Hyatt Regency Dushanbe Hotel on February 15. The event was organized by the Ministry of Economic Developme...
The Eurasian Development Bank (EDB) says it is working to extend 100 million US dollars to Somon Air two acquire to Boeing 737 aircraft. Press release issued by the EDB yesterday says that according to Somon Air’s fleet expansion strategy,
The head of the Civil Aviation Agency under the Government of Tajikistan, Dilshod Safarzoda, told reporters in Dushanbe on January 31 that Tajikistan’s national air carrier, Tajik Air, does not have appropriate plane to operate flights to Khorog, th...
The Closed Joint-Stock Company (CJSC) International Bank of Tajikistan (IBT) is the first financial institution to purchase bonds of the Ministry of Finance of Tajikistan (MOF). The bank has reportedly purchased the MoF bonds in the amount of 30 mil...
Tajikistan first privately owned air company, Somon Air, has launched air routes from the Tajik northern city of Khujand to Dubai (United Arab Emirates, or UAE), Jeddah (Saudi Arabia) and Istanbul (Turkiye). The Somon Air press center says that
Radio Liberty’s Tajik Service , known locally as Radio Ozodi , reported on December 22 the government of Tajikistan has recently transferred thousands of hectares of prime land to a private company. Radio Ozodi says it obtained a cop
