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Iran sees growth in authorized capital of its banking network

Iran’s banking sector has seen a sharp strengthening in its financial base. Recent measures have significantly boosted the capital position of banks nationwide. Regulatory data points to sustained improvements in capital adequacy across the system.

Uzbekistan sees steady rise in travel to Saudi Arabia

In 2025, outbound travel from Uzbekistan to Saudi Arabia took off like a rocket, with the number of Uzbek tourists flocking to the kingdom soaring by over 70% compared to the previous year, primarily fueled by leisure trips.

Iran lifts curtain on its expenditures for gas supply projects

Iran is set to launch several key gas supply projects in early February. These include the completion of pipelines, metering stations, and a gas storage facility. The projects aim to expand gas access to numerous villages, cities, and industrial enterprises.

Iran's Bahar Azadi gold coin downturns in price

The fluctuation in the price of Iran's Bahar Azadi gold coin reflects broader economic volatility, influenced by the implementation of a floating exchange rate system by the Central Bank of Iran.

Turkmen exchange sees dip in external quotations amid agricultural struggles

The total value of external quotations published for the latest trading session at the Turkmen commodity exchange decreased compared to the previous session, primarily due to reduced activity in the agriculture and light industry sectors, while quotations in petrochemicals and mechanical engineering remained unchanged.

Iran's non-oil export growth to Kazakhstan stalls in 9M2025

In the first nine months of the current Iranian year, Iran's non-oil exports to Kazakhstan experienced a decline in both value and volume compared to the same period last year. The exports primarily included agricultural, food, tobacco, and petrochemical products, reflecting a drop from the previous year’s performance.

Uzbekistan’s bank deposits reach new high as of January 2026

As of January 1, 2026, Uzbekistan’s bank deposits soared to 417.3 trillion soums ($34.4 billion), a significant leap from 308.7 trillion soums ($25.4 billion) the previous year, reflecting an increase in savings and trust in the banking system.

Iran's crude oil production set for major boost

Iran is set to enhance its crude oil production by installing new primary processing equipment in its oil fields. This initiative is part of efforts to boost production capacity. It also reflects the growing involvement of the private sector in advancing large oil projects within the country.

Uzbekistan sees steady surge in bank card circulation

Uzbekistan’s bank card market continues to grow, with the total number of cards in circulation reaching a new record by early 2026, underscoring the steady expansion of cashless payments across the country.

Azerbaijan heavily invests in nation's residential construction for 2025

In 2025, a large portion of investment in Azerbaijan's construction sector was directed towards residential projects. This marked an increase compared to the previous year. The share of investments in residential construction represented a significant part of the total fixed capital investments.

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Azerbaijan's household lending elevates by February 2026

As of February 1, 2026, the volume of loans extended to Azerbaijan's households by banks and non-bank financial institutions reached a significant total. According to data from the Central Bank of Azerbaijan, this figure saw a slight monthly increase and a notable year-on-year rise.

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