2025-10-23 10:15 |
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
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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
Azerbaijan’s State Oil Fund (SOFAZ) increased its gold reserves to about 185 tons, up roughly 46 percent from last year. trend.az »
2025-10-23 10:02
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
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.
Healthcare prices continued to rise in Georgia, adding pressure to consumer costs as of January 2026.
The business loan portfolio of Azerbaijani banks in the construction sector has seen significant growth as of January 1, 2026. Data from the Central Bank of Azerbaijan shows a notable increase compared to both the previous month and the same period last year.
The currency reserves of the Central Bank of Azerbaijan (CBA) have shown growth as of February 1 this year. Data from the CBA indicates a slight increase compared to the previous month. Year-on-year, the reserves have experienced a notable rise.
In 2025, Uzbekistan’s trade with Tajikistan flourished, highlighting the strengthening bonds between these two neighboring nations.