2025-10-23 10:02 |
Azerbaijan’s State Oil Fund (SOFAZ) increased its gold reserves to about 185 tons, up roughly 46 percent from last year.
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The State Oil Fund of Azerbaijan (SOFAZ) has announced a tender to extend licenses for its IT-based virtual platform. The participation fee is 109 manat ($64), with proposals due by 18:00 (GMT+4) on December 11, 2025, when the packages will also be opened. trend.az »
2025-11-24 03:18
As of September 30, 2025, the State Oil Fund of Azerbaijan (SOFAZ) has made a transfer of 166.79 billion manat (approximately $98.7 billion) to the state budget. trend.az »
2025-10-24 10:51
As of October, nearly 30 percent of Azerbaijan’s State Oil Fund (SOFAZ) portfolio is invested in Europe, with significant allocations also in North America and Asia trend.az »
2025-10-23 10:15
As of September, the State Oil Fund of Azerbaijan (SOFAZ) assets rose to about $70 billion, up nearly 17 percent from the start of the year. trend.az »
2025-10-23 09:50
The State Oil Fund of Azerbaijan (SOFAZ) boosted its investments in private equity funds to 3.8 billion manat ($2.24 billion) by the end of last year. This represents a 668 million manat ($393 million) or 21.3% rise compared to 2023. trend.az »
2025-07-21 17:59
Altyn Asyr CJSC has announced an international tender for the supply of 5G and 4G base stations and the modernization of its mobile network across several regions of Turkmenistan. Companies can apply to participate and submit proposals under the specified conditions.
Spain is on the lookout for new opportunities to invest in Azerbaijan, honing in on sectors that match the country's strategic goals and where tangible advancements are already apparent, as stated by the State Secretariat for Trade within the Spanish Ministry of Economy, Trade, and Entrepreneurship.
The data indicates that demand for new commercial and residential properties remained weak at the beginning of 2026, with sales declining at a faster pace than in the previous year.
The Ministry of Communications of Turkmenistan has announced an international tender for the supply, installation, and commissioning of telecommunications equipment to модернизировать multiservice data transmission network.
Turkmengas State Concern has invited manufacturers to participate in a tender for the supply of general plant equipment as well as electrical, instrumentation, and automation systems. Interested companies can submit applications before the specified deadline.
Russian oil giant PJSC LUKOIL reported a sharp reversal into a deep net loss for the full year 2025, even as its operating profit remained positive.
PJSC LUKOIL experienced a significant drop in its shareholders’ equity in 2025, primarily because of a sharp decrease in other reserves.