Uzbekistan has taken another step closer to obtaining the status of a founding member of the Eurasian Development Bank. The Senate has approved a draft law on the country’s accession to the EDB agreement. #uzbekistan #eurasian #development #bank #investments #economy
ALKES
Investment Banking
We are an Investment Banking Firm Creating Opportunities in New Uzbekistan – the Brightest Star of Emerging Markets
About us
Alkes Research is one of the leading investment banking and advisory boutiques based in Tashkent. Alkes Research provides a wide range of financial services to local and international corporate and institutional clients as well as high net worth individuals. Alkes Research is the rights holder of the local stock index EQRE Blue. Alkes Research is the No. 1 investment broker by number of transactions on the Tashkent Stock Exchange. Alkes Research recognizes the social and environmental impact made by investment service providers and strives to create values that are consistent with and contribute to the successful implementation of the UN SDGs. Among them, three priority objectives have been selected in which Alkes Research can bring maximum benefit to all stakeholders.
- Website
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www.alkesresearch.com
External link for ALKES
- Industry
- Investment Banking
- Company size
- 2-10 employees
- Headquarters
- Tashkent
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
Get directions
Navoi Avenue 3, 76
Tashkent, 100011, UZ
Employees at ALKES
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Bekhruzbek Ochilov, MCSI
Investment Banking Director at ALKES & Non-Executive Director at Daryo
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Odil Musaev
Managing Director at ALKES & SteerCo Member at Chapter Zero Uzbekistan
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Farkhod Murodov
IB Associate at ALKES | Consulting CFO at KSP
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merry polly
Sales alkes di Alkes Research
Updates
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As part of our CSR initiative, ALKES Investment Banking Director Bekhruzbek Ochilov, MCSI delivered a lecture at the Republican Stock Exchange "Toshkent" for the students of Tashkent State University of Economics. The session covered Capital Market Infrastructure in Uzbekistan and key tools for private investors to analyze individual companies. We’re proud to support educational initiatives that equip future finance professionals with valuable knowledge and insights! #uzbekistan #education #csr #team #development
Honored to once again have the opportunity to lecture at the Republican Stock Exchange "Toshkent" for the students of Tashkent State University of Economics This session focused on Capital Market Infrastructure in Uzbekistan and the essential tools private investors can use to analyze individual companies. We explored how a well-developed market infrastructure supports economic growth and provides investors with the resources needed to make informed decisions. It was truly inspiring to engage with such bright, motivated students eager to deepen their understanding of finance and capital markets. A big thank you to the Republican Stock Exchange "Toshkent" for the invitation and for supporting initiatives that empower the next generation with knowledge and practical skills to navigate Uzbekistan’s financial landscape! #uzbekistan #uzse #financialliteracy #lecture #capitalmarket #stockexchange #csr
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Warmest congratulations to our dear women on International Women's Day! #uzbekistan #international #women #day
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Uzbekistan is moving towards the World Trade Organization! #uzbekistan #export #import #wto
When #Uzbekistan joins the World Trade Organization, its exports will need to comply with global technical requirements and standards. Through our EU-funded project, we are supporting the country in developing a national standardization strategy. 🔗 http://bit.ly/4knE13x
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Uzbekistan is actively expanding opportunities in the capital markets. On February 27, 2025, the Scaling Up: Getting Uzbek Companies Ready for IPO conference took place, serving as a unique platform for open dialogue between issuers, regulators, key ministries, consultants, and representatives from the Republican Stock Exchange "Toshkent" and London Stock Exchange. The conference was organized by Fanda, IB Translations, and KY & Partners, with the support of ALKES, Avesta Investment Group, Freedom Broker Uzbekistan, and Portfolio Investments LLC. Odil Musaev, Managing Director of ALKES, along with other experts, shared insights on IPO processes and the rapidly evolving capital market of Uzbekistan, emphasizing the importance of corporate governance and investor relations. A huge thank you to the event organizers for an outstanding conference and to the experts for their valuable presentations! #uzbekistan #capitalmarket #stockexchange #equity #bond #ipo #financesector #development #invest #conference
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We’re excited to welcome Farkhod Murodov to our Investment Banking Team at ALKES! Wishing you a successful journey ahead as we grow and achieve new milestones together! #uzbekistan #investmentbanking #team #welcome #success
I’m happy to announce that I’m starting a new position as IB Associate at ALKES! We are an Investment Banking Firm Creating Opportunities in New Uzbekistan – the Brightest Star of Emerging Markets!
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Official press release of Franklin Templeton announcing the signing of an Investment Management Agreement with the Ministry of Economy and Finance of the Republic of Uzbekistan as the Trustee and Manager of the National Investment Fund of Uzbekistan: #uzbekistan #national #investment #fund #trustee #manager
We are delighted to announce that Franklin Templeton has been appointed as trustee and manager of the National Investment Fund of Uzbekistan. We are pleased to partner with the government of Uzbekistan in support of the development of their local capital markets. “UzNIF represents a unique initiative which will showcase Uzbekistan on the global stage and provide international investors access to the attractive opportunities benefitting from the rapid modernisation of the country’s economy” said Manraj S. Sekhon, Chief Investment Officer Templeton Global Investments.
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The National Investment Fund of the Republic of Uzbekistan and Franklin Templeton signed an agreement on investment asset management. This agreement is being implemented to support the economic development of Uzbekistan and attract international investors. According to the agreement, Franklin Templeton will manage the investment portfolio of 18 state-owned enterprises and commercial banks owned by the Fund and implement transformation programs aimed at increasing their investment attractiveness. After implementing these transformation programs, the shares of the Fund and the enterprises and banks under its management will be listed on local and international stock exchanges. For this purpose, Franklin Templeton will review the strategies of state-owned enterprises and commercial banks belonging to the National Investment Fund, implement transformation programs aimed at aligning the corporate governance system, financial efficiency, internal audit and risk management system with global standards, and improving employee qualifications. #uzbekistan #franklintempleton #fund #investments #assetmanagement #privatization #transformation #corporategovernance #development
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Energy Intelligence covered the future of Uzbekistan's atomic energy projects, including the development of small-scale nuclear power plants and the country's plans to diversify its energy balance. #uzbekistan #energysector #nuclearpower #development
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Asian Development Bank (ADB): Uzbekistan’s economy continues to rely on energy-intensive, resource-dependent, and low-value-added sectors. Its economic future mainly lies in green transition private sector development, especially that of small and medium-sized enterprises. This study examines in detail new ways of achieving sustainable development in Uzbekistan. Agriculture will continue to be an important sector as it supports people’s livelihoods in rural areas. Human capital development is critical at this juncture to capture the population dividend in the coming years, while regional cooperation and integration will remain vital for a double landlocked country like Uzbekistan. The study recommends several measures, highlighting the need to build on the market reforms and pursue green transition initiatives to seize growth opportunities. #uzbekistan #economy #privatesector #greentransition #business #investments #adb #report