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5.1-magnitude earthquake strikes southwestern Türkiye
A magnitude 5.1 earthquake has struck Türkiye, The Caspian Post reports, citing the country's Disaster and Emergency Management Authority (AFAD).
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Kazakhstan Prioritizes Trade, Logistics, Investment Ties with CAREC Nations
Trade turnover between Kazakhstan and member countries of the Central Asia Regional Economic Cooperation (CAREC) Program increased by 14.4% in 2025, reaching $8.8 billion, according to the Kazakh government's press service.
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Eurostar announces next Chief Executive Officer
EUROPE: International high speed train operator Eurostar announced on November 2 that Gwendoline Cazenave was stepping down as CEO. Christophe Fanichet has been appointed as CEO from December 1, with Matthieu Quyollet, Chief Financial, Strategy & Transformation Officer and deputy CEO, serving as CEO in the interim. Fa…
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Şanlıurfa light rail construction contract awarded
TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…
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Kazakhstan, Azerbaijan Agree to Launch Caspian Bridge Ferry System
Companies from Kazakhstan and Azerbaijan have signed two documents outlining cooperation on a new trans-Caspian ferry system called the Caspian Bridge, an intermodal freight terminal and a joint venture.
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Non-Performing Loans Account for 3.8% of Uzbekistan Bank Lending
Uzbekistan’s banks reported 25.04 trillion soums in non-performing loans as of 1 October 2026, equal to 3.8% of their total loan portfolio.
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Industrial Lending in Uzbekistan Falls 8.8% Year on Year
Bank loans to Uzbekistan’s industrial sector fell to 133.4 trillion soums by 1 October 2026, despite 13.2% growth in the overall loan portfolio.
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Uzbekistan’s Bank Loan Portfolio Grows 13.2% in a Year
Uzbekistan’s commercial bank loans reached 659.1 trillion soums by 1 October 2026, driven by 19% growth in lending to individuals.
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China–Azerbaijan Ties: Turning Connectivity Into Industrial Growth
China’s growing engagement with Azerbaijan reflects an increasingly structured, diversified and long-term approach to the South Caucasus. Beijing sees Baku as an important connection between China, Central Asia, the South Caucasus and European markets. Energy and transit remain significant, while investment, green tec…
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World rail contract news round-up
A round-up of recent rail industry contract awards around the world, compiled by Railway Gazette International . Austria: DPB Rail Infra Service took delivery of its first Siemens Mobility dual-mode Vectron on October 8. The locomotive is approved for operation in Austria and Germany, expanding the company’s operation…
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Somali Pirates Seize Iranian Fishing Vessel With 23 People Aboard
Somali pirates have seized an Iranian fishing vessel, the Azini, with 23 people aboard, raising concerns about possible attacks on commercial shipping in the region.
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What Changes in Uzbekistan’s Legislation from 1 November 2026
Uzbekistan introduces changes to customs fees, pension services, LPG supplies, public security, business prepayments and mobile advertising from 1 November.
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Australia: Aiming high for ETCS interoperability
With ETCS being rolled out on several suburban networks, Australia has adopted it as the technology pathway for national interoperability in widely differing applications. A regulatory structure has been agreed, while the use of common standards is expected to reduce the need for compatibility testing, as Frank Heibel…
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China: Belt & Road brings growth to metro operator
Shenzhen Metro Group has emerged over recent years as an increasingly active player in the development of metro, light rail and suburban projects across a swathe of emerging markets, from Algeria to Vietnam, as Benjámin Zelki explains. Embracing the expansionist ideals of China’s Belt & Road initiative, Shenzhen Metro…
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Kazakhstan Reports Growth in Rail Freight With Turkic States
Rail freight transportation between Kazakhstan and member states of the Organization of Turkic States (OTS) has increased by 10%, approaching 40 million tons, Kazakh President Kassym-Jomart Tokayev said.
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Oil Poised for Fourth Monthly Gain Amid Hormuz Supply Risks
Oil prices rose on Friday, putting them on track for a fourth consecutive monthly gain as traders anticipated a possible escalation in the US-Iran conflict following the US midterm elections. An attack on a tanker in the Strait of Hormuz has further underscored the risks to global supplies posed by the war.
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Uzbekistan Airports Handle 12.66m Passengers in Nine Months
Uzbekistan’s airports handled 12.66 million passengers in January-September 2026, up 13% year on year, while cargo and mail volumes rose 27%.
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Azerbaijan, Georgia Sign New Agreements to Boost Trade and Border Cooperation
Azerbaijan and Georgia have signed a series of bilateral agreements to strengthen economic cooperation, streamline customs procedures and improve coordination in agriculture and food safety.
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Nanchang metro simplifies emergency lighting maintenance
CHINA: The Nanchang metro’s maintenance department has developed an adapter to simplify the replacement of different brands and models of emergency lighting equipment used to help evacuate passengers in the case of a power failure. The operator said stations opened at different times often use different customised lig…
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From Baku’s Old City to Mud Volcanoes: Discover Azerbaijan’s Hidden Wonders
Azerbaijan offers a striking blend of ancient history, modern architecture and extraordinary natural landscapes. Its capital, Baku, sits on the shores of the Caspian Sea, where historic streets and centuries-old landmarks stand alongside cutting-edge architecture.
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Russia Turns to Arctic Route to Export Grain Amid Black Sea Disruptions
Russia, the world’s largest wheat exporter, has turned to an Arctic shipping route used during World War II to export grain for the first time, as the conflict in Ukraine disrupts Black Sea trade.
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Control centre communication in focus as Spain faces rail safety reckoning
SPAIN: A serious failure of communications is at the heart of early investigations into the fatal collision between two high speed trains at Urda near Toledo on October 28. Mike Bent analyses how the tragedy unfolded. The 07.53 Madrid Atocha to Sevilla RENFE Viajeros AVE service, operated by Siemens Mobility Velaro tr…
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Drone Strike on Ukraine's Dnipro Railway Platform Leaves 13 Dead
A Russian drone attack struck a railway station platform in Dnipro, in Ukraine’s Dnipropetrovsk region, killing 13 people and injuring many others.
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Uzbekistan Opens Logistics Hub in Poland to Boost Exports
Uzbekistan has established a logistics hub in Poland to streamline deliveries of Uzbek products to Europe and expand access to major retail networks across Central and Eastern Europe.
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Bosphorus Shipping Resumes After Cargo Ship Engine Failure
Ship traffic through Bosphorus Strait in Türkiye's Istanbul city has resumed after a technical failure aboard the cargo vessel Alisuvar Mammadov was resolved.
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Turkey to renovate and electrify Middle Corridor main line
TURKEY: Infrastructure investment agency AYGM has called tenders for the modernisation, resignalling and electrification of the 825 km double-track main line between Divriği and the border with Georgia. This constitutes the eastern half of Turkey’s section of the Middle Corridor. Work on upgrading and electrifying the…
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Pegasus Airlines Eyes Istanbul Flights to Karshi and Nukus
Pegasus Airlines and Uzbekistan Airports are discussing flights from Istanbul to Karshi and Nukus as the carrier prepares to launch three other routes.
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Uzbekistan Proposes Free Luggage Storage and Wi-Fi at Transport Hubs
Uzbekistan has proposed free luggage storage for ticket holders and at least one hour of free Wi-Fi at major airports, railway stations and bus terminals from July 2027.
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Tokayev Highlights Kazakhstan’s opportunity to Become Eurasian Logistics Hub
Kazakhstan has a historic opportunity to become a leading logistics hub in Eurasia as vulnerabilities in maritime routes increase the strategic importance of land corridors, President Kassym-Jomart Tokayev said Wednesday.
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Kazakhstan to Introduce Border Queue Deposit on 9 November
Kazakhstan will require international freight carriers to pay a refundable 86,500-tenge deposit when booking electronic queues at three border crossings with Uzbekistan from 9 November 2026.