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Industry News

Kazakhstan, Uzbekistan, and UAE Study CASA Railway Corridor to South Asia

Kazakhstan and Uzbekistan's transport ministries have signed an MoU with the UAE Ministry of Energy and Infrastructure to evaluate the CASA railway route to Pakistani seaports. Under the agreement, the UAE will contribute logistics and project development expertise to technical and economic studies. Project costs and implementation timelines remain undetermined pending viability and security assessments.

Policy & Legal Updates

Iran Approves 42 Foreign Investment Projects Worth $228 Million Including China and UAE

Iran's Foreign Investment Board has approved 42 foreign investment applications valued at $228 million across multiple economic sectors, according to the Ministry of Economic Affairs and Finance. The approved capital includes funding from investors in China, the United Arab Emirates, Russia, the United Kingdom, and other nations. Since March 21, 2026, the board has cleared 398 foreign investment projects totaling $3.2 billion.