Navoiyuran, Orano and Itochu to start Uzbek uranium project
Uzbekistan has signed an agreement with French and Japanese companies to initiate uranium production in the Navoi region by the end of 2025.
The Asian Development Bank approved a $125 million loan to support Uzbekistan in modernizing water management, improving water security, and increasing access to safe and reliable water in the country.
The Climate-Smart Water Management Improvement Project will improve asset management and sustainability of service delivery, while enhancing energy-use efficiency, contributing to climate change mitigation efforts, says the bank's press-release.
“Uzbekistan’s water resources are under acute threat from climate change and inefficient usage,” said ADB Country Director for Uzbekistan Kanokpan Lao-Araya. “ADB’s project introduces smart water management systems to improve water usage, reduce energy consumption, and increase operational efficiency to lower Uzbekistan’s carbon footprint.”
The project will support the national water utility company "Uzsuvtaminot" in finalizing the installation of a nationwide bulk flow metering and telemetry system on the main water resource’s locations. The project will also carry out an asset inventory and prepare onsite geographic mapping for all existing water supply and wastewater infrastructure, including about 4 million customer connections.
The project will promote transformative digital solutions and technologies to decrease operational expenditure, increase workforce efficiency, and enhance customer engagement and satisfaction.
An integrated package of climate-smart, IT-based utility management systems will be launched, including relevant training for the national water utility staff.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
Azerbaijan has officially joined the D-8 Organization for Economic Cooperation following President Ilham Aliyev’s approval. The move, backed by D-8 leaders at the Cairo Summit, strengthens Azerbaijan’s global economic ties and aligns with the bloc’s mission.
Armenian Prime Minister Nikol Pashinyan has briefed Russian President Vladimir Putin on a finalised draft peace agreement with Azerbaijan in a phone call with Vladimir Putin. Kremlin said on that Friday conversation was initiated by the Armenian side.
The United States has proposed a "bridge" plan to extend the ceasefire in Gaza through April, aiming to facilitate negotiations for a permanent halt to hostilities and ensure the release of U.S.-Israeli citizen Edan Alexander.
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