Since Kyrgyzstan took control of the Kumtor gold mine in 2021, gold production has steadily fallen. Revenue from the Kumtor mine for the state budget has decreased even as the price of gold has risen.
Kyrgyzstan, Inter RAO Export exploring construction of 500 MW thermal power plant – Kyrgyz deputy energy minister
MOSCOW. Sept 25 (Interfax) – Kyrgyzstan and Inter RAO Export are exploring the issue of constructing a 500 MW thermal power plant, Kyrgyz Deputy Energy Minister Altynbek Rysbekov said during World …
Kyrgyzstan removes towering Lenin statue from second city
Authorities in the second-largest city in Kyrgyzstan, Osh, have removed a towering statue of Vladimir Lenin thought to be the tallest of the revolutionary Soviet leader in Central Asia. The 23-meter …
Uzbekistan establishes Intellectual Property Agency
Uzbek President Islam Karimov signed a decree to form the Republican Intellectual Property Agency, the Uzbek State Patent Office reported. Uzbek President Islam Karimov signed a decree to form the …
Uzbekistan takes measures for effective use of state property facilities
During this year and 2013, Uzbekistan will demolish 414 vacant and unusable state-owned facilities, will privatise 532 facilities through public auctions and will sell out 47 facilities to foreign …
Saudi Arabia freezes Riyadh rents for 5 years as property costs soar
Saudi Crown Prince Mohammed bin Salman has ordered a five-year freeze on rent prices in Riyadh after pledging to tackle soaring property costs in the capital. Under the new rules, which came into …
Saudi Arabia Orders Freeze on Riyadh Rents After Price Surge
Saudi Arabian Crown Prince Mohammed bin Salman ordered a freeze on rent increases in the capital of Riyadh for the next five years, just weeks after vowing to halt an “unacceptable” rise in property …
Saudi Arabia’s crown prince freezes rents in Riyadh for 5 years after prices rapidly rose
Saudi Arabia’s powerful crown prince has ordered rental prices on commercial and residential properties in the kingdom’s capital, Riyadh, to be frozen for five years. The decision Thursday …
Rotana Appoints Ghassan Dalal to Lead Iraq & Turkey, Driving Growth in Strategic Regional Markets
Rotana, the Middle East’s leading hospitality management company, has announced the appointment of Ghassan Dalal as Country General Manager for Iraq & Turkey, in addition to his continuing role as …