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Azerbaijan's white oil output hits new highs in 11M2025

Azerbaijan produced 634,400 tons of white oil from January to November 2025, a 14.3% increase from 2024. By December 1, finished stocks reached 18,600 tons. The total manufacturing value of petroleum products was 5 billion manat ($2.9 billion), up 9.6% year-on-year.

Iran’s IRENEX tracks latest sales valuation performance

From March 21 to December 11, 2025, the Iranian Energy Exchange (IRENEX) recorded sales of nearly 3. 2 quadrillion rials ($4. 86 billion). This included 6. 95 million tons of hydrocarbon products and 94 million MWh of electricity.

Iran's Bahar Azadi gold coin rebounds in price

The price of Iran’s Bahar Azadi gold coin increased to 1.34 billion rials ($2,033) on December 11. This follows Iran’s adoption of a floating exchange rate system in May 2024. A half coin was priced at 725 million rials ($1,101), a quarter coin at 415 million rials ($630), and one gram of 18-carat gold at 128 million rials ($195).

Iran augments aluminum production in 8M2025

Aluminum ingot production by four Iranian companies rose 3% to 411,351 tons in the first eight months of 2025. Southern Aluminum led with 173,108 tons, followed by Iranian Aluminum (114,011 tons) and Al-Mahdi Aluminum (103,922 tons).

Iranian Saipa company's passenger car production declines in 8M2025

Passenger car production at Iran Saipa dropped by 36.7% to 143,211 units from March 21 through November 21, 2025, compared to the same period last year. The production included 80,300 X200 models, 21,200 Shahin cars, 8,000 Changan, 22,600 Pikap 151, and 2,050 Toyota cars.

Azerbaijan estimates its industrial production performance in 11M2025

Azerbaijan's industrial production reached 57.5 billion manat ($33.8 billion) from January to November 2025, a 1.1% decline from last year. The oil and gas sector dropped by 2.1%, while the non-oil sector grew by 4.8%. The mining sector led with 60.6% of total production.

Tatneft of Russia invites bids for waste services

Companies wishing to participate must submit a written application on their official letterhead addressed to the branch director, signed by an authorized representative and sealed. The application must include the participant’s full name, legal status, country of registration, and company details.

Uzbekistan, India trade turnover reaches $1B in 10M2025

The bilateral trade dynamics between Uzbekistan and India have escalated to a remarkable $1 billion within the initial ten months of 2025, signifying one of the most rapid growth trajectories in trade relations for Tashkent.

Afghan buyers acquire urea from Turkmenhimiya

Urea grade “B” is an industrially produced nitrogen fertilizer, commonly supplied in granular form. It contains about 46% nitrogen, dissolves easily in water, and is widely used to enhance soil fertility, support plant growth, and increase crop yields.

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Uzbekistan maps out nation's budget priorities for 2026

Uzbekistan has outlined its economic priorities for 2026, approving key macroeconomic targets and State Budget parameters that emphasize steady growth, controlled inflation, and expanded social and development spending.

Kyrgyzstan approves new rules for budget lending

The new rules are expected to enhance transparency and legal clarity in budget lending, strengthening fiscal discipline and improving the management and recovery of state financial resources.

Fitch affirms Kyrgyzstan’s long-term debt ratings at "B"

The rating action indicates Fitch’s assessment of broadly stable credit fundamentals in Kyrgyzstan, with manageable recovery prospects and gradual progress in strengthening macroeconomic and governance conditions supporting the current rating level.

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Azerbaijan's Baku Stock Exchange turnover drops in 2M2026

The total transaction value on the Baku Stock Exchange took a nosedive in the first two months of 2026. The figures from BSE reveal a drop when stacked against the same timeframe last year. The number of transactions took a nosedive, with a notable plunge in repo operations.