Turkmenistan leads Central Asian countries in UAE investments
07:48 04.03.2025 4606
Turkmenistan attracts the largest volume of foreign direct investment from the United Arab Emirates among Central Asian countries. Our country accounts for 65.4% of all UAE investments in the region, which amounts to 8 billion US dollars. Such data is provided by the Eurasian Development Bank (EDB).
Following Turkmenistan, the largest recipients of UAE investments were Uzbekistan (2.2 billion US dollars, or 17.85% of the total) and Kazakhstan (1.5 billion US dollars, or 12.3%).
The rapid development of economic ties between the countries indicates the growing interest of the UAE in cooperation with Central Asian states, including in strategically important sectors.
According to the EDB, in general, Central Asia remains a key direction for investment from the UAE. Investment projects cover such areas as energy, raw materials, construction and other industries.
The President of Turkmenistan outlined the directions of interaction with the SCO member countries
President Serdar Berdimuhamedov, speaking on Tuesday online at a meeting of the Council of Heads of SCO Member States as an honored guest, proposed to pay attention to a number of specific areas of work.
Record volume of natural gas was produced in Turkmenistan in the years of independence
At the end of 2021, Turkmenistan achieved the highest natural gas production rate over the years of independence – 83 billion 772.9 million cubic meters. This was stated by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov at an expanded meeting of the government last Friday, at which the results of the country's economic development for 2021 were summed up.
Election campaign for early presidential elections begins in Turkmenistan
The Central Commission for Elections and Referendums (CEC) announces the start of the election campaign for early elections of the President of Turkmenistan on February 14.
Daewoo E&C strengthens strategic ties with Turkmenistan
Daewoo E&C Chairman Jeong Won-ju visited Turkmenistan from June 26 to 30 to discuss new business opportunities and strengthen the company's presence in the Central Asian market, the company said in a statement on July 1.
Liquefied gas was sold abroad at exchange trades, and polypropylene was sold to the domestic market
7 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.