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
Belarusian capital maintains a strong presence in Uzbekistan, with hundreds of enterprises operating across a wide range of economic sectors.
The EBRD is set to back Uzbekistan’s only producer of internationally branded beer with a new financing package aimed at boosting production capacity and supporting long-term expansion.
Funds are being invested in two projects at the Iranian Ilam Gas Refining Company to improve energy efficiency and reduce emissions. The projects involve repairing HRSG equipment, setting up an FGRS system, and collecting flared gas to prevent waste.
Iran has inaugurated the “Forugh Kavir” Solar Power Plant in Yazd province, highlighting the country’s commitment to expanding renewable energy.
Consumer prices in Georgia continued to rise at the start of the year, reflecting persistent inflationary pressures across several sectors.
On February 2, Turkmenistan’s State Commodity and Raw Materials Exchange saw Uzbek, Afghan, and local entrepreneurs conclude transactions on liquefied gas, urea, petroleum products, and wheat flour, reflecting active trade both domestically and internationally.
As of the beginning of the year, Azerbaijani banks' business loan portfolio for the industrial sector has seen steady growth. The sector's credit portfolio increased both month-on-month and year-on-year.