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The state stake in Uzbekistan's national postal operator Uzbekiston Pochtasi (UzPost) has been transferred to trust management by WB INT EXPORT, a wholly owned subsidiary of the Russian marketplace Wildberries. According to an extract from the minutes of UzPost's shareholder meeting dated 21 September 2026, the trust management agreement was concluded on 30 December 2025.
Bulgarian Prime Minister Rumen Radev has presented the 2027 State Budget draft. It aims to limit spending, reduce the deficit and cut the nominal amount of new state debt compared with the previous two years.
North Macedonia’s Prime Minister Hristijan Mickoski announced that German company Kromberg & Schubert will make a new investment in the country, creating 2,000 jobs. The new facility will produce parts for the German carmaker Audi.
Kyrgyzstan's Chuy region is implementing 28 large projects with a total investment volume of 51.4 billion soms. Elkinbek Ashirbaev, the presidential plenipotentiary representative in Chuy region, said this on the air of Birinchi Radio.
Kazakhstan expects to receive nearly 3.78 trillion tenge (US$7.9 billion) from oil-sector organizations for its National Fund in 2027, according to a draft national budget for 2027-2029. Deputies of the Kurultai approved the draft in the first reading on Oct. 14.
UBP Leader and Prime Minister Ünal Üstel met residents in Dörtyol and Korkuteli and delivered messages ahead of the 6 December elections. Stressing that continued political stability is vital for the country’s future, Üstel said the UBP will emerge strong in both the general and local elections.
Asylzhan Musin, director of the electricity development department at Kazakhstan's Ministry of Energy, said installed capacity at the country's power plants will fully cover electricity demand in 2029 with a 20% reserve. He said that if all planned projects are completed on schedule, Kazakhstan will reach self-sufficiency in early 2028. The reserve is needed to cover possible system accidents and ensure independence from imports.
According to analysts at Ranking.kz, fixed capital investment in Kazakhstan increased by 17% in January-August 2026. Adjusted for price changes, real growth was 8.1%.
Zülfikar Zeynula, chairman of the Turkish Democratic Party (TDP) and Minister of State responsible for International Cooperation and Foreign Investment, made an official visit today to officials of Bechtel–ENKA. The company is undertaking construction of Corridor 8, one of the country's major infrastructure projects in North Macedonia.
Automobile manufacturing in Kazakhstan rose 34.2% year-on-year in January–September 2026 to more than 146,000 vehicles. The Qazinform News Agency, citing Ranking.kz, reported that Chevrolet, Hyundai and Kia led the output.
The Turkish Cypriot Petroleum Workers' Union began an indefinite strike at the Kalecik filling facilities of Kıbrıs Türk Petrolleri this morning. The strike followed the employer's failure to withdraw dismissal notices for nine staff members. During the strike, no fuel will be supplied to K-Pet dealers.
Petrol-İş began an indefinite strike yesterday, citing the employer’s refusal to withdraw suspension notices concerning nine staff members. Semih Kolozali, head of the Revolutionary Workers’ Unions Federation (Dev-İş), to which the Turkish Cypriot Petroleum Workers’ Union is affiliated, said the struggle would continue until results were achieved and the facility would carry out no activity.
Kazakhstan aims to raise its transit cargo volume to 100 million tonnes a year. According to plans discussed at Kazakhstan Transport Week in Astana, the capacity of its sea ports will be quadrupled and the capacity of its fleet increased fivefold by 2035.
Rising prices of imported energy and food have again intensified inflationary pressure in the Caucasus and Central Asia, with the effect differing significantly across countries, IMF Middle East and Central Asia Department Director Jihad Azour said at a press briefing on October 15.
Consumer prices and tariffs in Kyrgyzstan rose 8.1% in January–September 2026 compared with December of the previous year, the National Statistics Committee reported. The news was reported by Kabar from Bishkek, dated 15 October 2026.
A 2026 Macroeconomic Monitoring Report prepared by the World Bank with European Union funding shows that the share of foreign nationals with work permits in total registered employment in the Turkish Republic of Northern Cyprus (TRNC) rose from 36 percent to 53 percent over four years.
Kyrgyz President Sadyr Japarov is in Baku on a working visit to attend the 7th CICA Summit, which Azerbaijan chairs and hosts on October 15. The visit focuses on turning agreements into practical results, including expanded trade, investment, banking ties and transport links. Bilateral trade totaled $77.17 million in 2025, about 1.9 times the 2024 figure.
Kyrgyzstan's National Statistics Committee reported that the country's gross domestic product for January–September 2026 reached 1,640.9 billion soms, according to a preliminary estimate. The economy grew 10.8% compared with the same period last year. The data was presented at a press conference on October 15.
Kyrgyzstan's Ministry of Natural Resources, Ecology and Technical Supervision met with representatives of domestic companies that produce and recycle plastic tableware and polymer bags. The main topic was how businesses should prepare for new legislation aimed at reducing the use of polymer materials.
Uzbek President Shavkat Mirziyoyev signed resolution No. PP-368 on 12 October 2026 on additional measures to develop the transport and logistics system. The document sets sector targets for 2026–2030. Under it, the number of international dry ports that meet all requirements is to rise from 24 to 30. Transport and logistics centres will receive tax and customs payment benefits.
Kazakhstan plans to change its approach to social assistance from next year. Deputies of the Kurultai discussed the new principles while approving the draft republican budget for the next three years in first reading. Under the changes, state support will go only to those who truly need it. The government says the decision will free up hundreds of billions of tenge for other priority tasks.
South Korean automotive components maker Hansae Mobility has opened a new industrial plant in the Kuvasay branch of the Kokand Free Economic Zone in Uzbekistan's Fergana region. The project's investment totals $30 million. The launch ceremony was attended by Mirzokhid Ubaydullaev, First Deputy Hokim of the Fergana region, and Davron Khidoyatov, Deputy Chairman of JSC Uzavtosanoat.
Kazakhstan has attracted more than $155 billion in foreign direct investment into its economy over the past seven years, according to data from the Foreign Ministry, as reported by Khabar 24. Significant amounts went into manufacturing, the chemical industry, transport, communications and the financial sector.
Leaders of the five Central Asian states and Azerbaijan held the eighth Consultative Meeting on 8 October at the Avaza resort zone on the Caspian Sea coast in Turkmenistan. It is the first official meeting in this format since Azerbaijan became a full participant in November 2025. The presidents discussed the future of the consultative meetings, regional challenges and joint projects.
Today's top Turkic news: Uzbekistan-China ties, Samarkand visit, Kulubaev-Rubio talks, Northern Cyprus festival and Turkmen desertification centre.
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