Azerbaijan Railways CJSC (ADY), part of AZCON Holding, handled 350 block trains over the first 11 months of the year, including 128 transit trains. This represents a 34% increase compared to the same period last year.
Motor gasoline production in Uzbekistan has hit a rough patch in 2025, with output taking a nosedive compared to previous years.
Azerbaijan maintained a CASCI score of 4.2, according to the AWDO 2025 report. The country’s EGI improved from 6.2 in 2013 to 7.0 in both 2020 and 2025. Across the region, most countries recorded stable or declining CASCI values, ranging roughly from 2.6 to 5.6.
Transit through Iran’s Astara border terminal reached over 800,000 tons in the first eight months of the current Iranian year, with roughly 630,000 tons entering the country and around 220,000 tons exiting.
Uzbekistan’s ambassador to Iran has stated that the two countries are rolling up their sleeves to boost their annual trade turnover to around $2 billion, riding the wave of a recent increase from roughly $300 million to about $500 million.
The new IMF report shows that GCC-CCA trade is heavily concentrated in the UAE, as it has signed Comprehensive Economic Partnership Agreements with Azerbaijan, Georgia, and the Eurasian Economic Union, including Armenia, Kazakhstan, and the Kyrgyz Republic.
The Iran Mercantile Exchange (IME) sold 3. 56 million tons of products worth 692 trillion rials ($1. 21 billion) last week. Industrial section sales reached 2. 07 million tons valued at 305 trillion rials ($471 million), mainly iron ore, cement, steel, and metals.
Interest-free lending at Bank Maskan rose 99% in the first eight months of the current Iranian year, reaching 187 trillion rials ($290 million). The bank processed 107,000 applications, a 70% increase from the same period last year.
Iran’s GDP including oil grew 0. 1% to 50. 7 quadrillion rials ($78. 2 billion), while non-oil GDP fell 0. 5% to 38. 2 quadrillion rials ($59 billion). Oil and gas extraction rose 1. 8% and mining 2.
Tender proposals must be submitted from December 6 to December 18, between 09:00 and 18:00.
Uzbekistan’s insurance sector continues to draw attention from global rating agencies, as Fitch Ratings has once again affirmed SQB Insurance’s creditworthiness.
Organizations and enterprises of any ownership form, as well as foreign companies with the necessary licenses, are invited to participate. Tender proposals will be accepted between 6 December, 2025 and 21 January, 2026.
S&P Global Ratings has affirmed Navoiyuran’s ‘BB-’ rating and raised its outlook to positive, reflecting the company’s strong production growth and solid financial performance.
President Berdimukhamedov highlighted the need to strengthen and modernize the sector’s infrastructure, further improve the transport and logistics system, expand transit services, and ensure high-quality service for the population.
Iran’s Parviz Khan Customs in Kermanshah Province handled the transit of around 2.2 million tons of goods worth $1.5 billion during the first eight months of the current Iranian year.
With almost 14,000 cubic meters of ready-made bricks on hand, Azerbaijan's annual building brick production increased by roughly 10% to 554,000 cubic meters.
The State Examination Center of Azerbaijan has launched a tender to acquire voluntary health insurance services. Interested bidders must pay a 350-manat ($205.8) participation fee and submit their proposals by 17:00 (GMT+4) on December 16, 2025, when the tender packages will also be opened.
Iran has invested around $540 million to transport water from the Persian Gulf to the Central Iranian Plateau, ensuring a steady supply for Mobarakeh Steel Company and other industrial facilities in Isfahan Province.
Iran’s new Bahar Azadi coin traded at 1.3 billion rials ($2,001), up from 1.27 billion rials ($1,965). The older coin sold for 1.23 billion rials ($1,901), with half and quarter coins at 687 million rials ($1,060) and 389 million rials ($600). One gram of 18-carat gold was 125 million rials ($193).
The official added that, given the successful implementation of the operation, similar operations are on the agenda for other wells in the Iranian part of the South Pars gas field.
President Serdar Berdymukhamedov has called for further measures to increase oil and gas output and expand export routes, following a report on the sector’s performance from January to November, during the Cabinet meeting.
Gas consumption in Iran’s residential and commercial sectors rose steadily over the week, reaching nearly 500 million cubic meters daily.
Coal exports from Kyrgyzstan to Uzbekistan increased by nearly a third in the first nine months of 2025, while shipments to China fell sharply.
The Nakhchivan Autonomous Republic's 2026 budget draft projects a 30.9% increase in revenues, marking the first time that budget revenues are expected to surpass the allocated subsidy amount.
Georgia’s business sector recorded a notable increase in turnover in the third quarter of 2025, with mining and quarrying posting the strongest year-on-year growth.
The glass products were supplied by enterprises operating under the Ministry of Industry and Construction Materials Production of Turkmenistan.
Organizations and enterprises of any ownership form, as well as foreign companies with the necessary licenses, are invited to participate. Tender proposals will be accepted between 4 December and 16 January.
ING Group projects that Uzbekistan’s central bank could cut its key policy rate to around 12% by the end of 2026, as easing inflation and stronger fiscal discipline pave the way for a more accommodative monetary policy.
Despite expectations of a sharp drop in the Uzbek soum, ING Group forecasts only a mild 2% correction, citing strong gold prices, fiscal consolidation, and efforts to attract foreign investment as key buffers against market volatility.
Azerbaijan's Nakhchivan recorded 233 million manat ($137 million) in tax revenues from January–November 2025. The region saw a 14.9% increase compared to last year. Private-sector taxes alone reached 166.6 million manat ($98 million).
Azerbaijan’s steel pipe production reached 180,700 tons from January through October 2025, as reported by the State Statistics Committee. This marks a 2. 1-fold increase, or an additional 94,800 tons, compared to the same period in 2024.
Iran’s Eshraq Industrial Park in Zanjan Province has been linked to the national railway network with a nine-kilometer line built at a cost of around $5 million, improving freight efficiency and reducing logistics expenses.
Organizations and enterprises of any ownership form, as well as foreign companies with the necessary licenses, are invited to participate. Tender proposals will be accepted between 4 December and 16 January.
Aryasasol Polymer Company’s production grew by 31% to 172,000 tons in the eighth month of 2025. Ethylene output reached 95,000 tons, up 41%, while polyethylene production hit 34,500 tons, a 42% increase.
Iran’s Nouri Petrochemical Company boosted its production to about 3.4 million tons during the first eight months of the year, exceeding its capacity by around 13% thanks to improved processing operations.
Iran’s Nouri Petrochemical Company has recorded a significant increase in product sales during the first eight months of the current Iranian year, compared to the same period last year.
The oil production at the South Azadegan joint Iran-Iraq field has seen a significant uptick, bringing the total output potential to roughly 75,000 barrels per day.
The contributions to the State Social Protection Fund experienced an uptick of nearly 12%, culminating in an approximate total of 5.7 billion manat, coinciding with the ongoing formalization processes within the labor market framework.
Exports through Iran’s Parvizkhan Customs rose by around 10% in value in the first eight months of the current Iranian year, reaching roughly $570 million and totaling nearly one and a half million tons of goods.
The gain is widespread, with large companies' production up 10. 9% and SMEs up 8. 7%. Information and communications, trade, transportation, hospitality, arts, and healthcare drove growth. Employment reached a record level alongside turnover and production.
On December 4, Iran's Bahar Azadi gold coin traded at 1. 27 billion rials ($1,972), up slightly from the previous day. This comes on the heels of the Central Bank's floating exchange rate system that was rolled out on May 31, 2024.
Uzbekistan has secured up to $3 billion in long-term financing — with a possible increase to $5 billion — under a new strategic agreement with Cargill to boost the country’s energy security and sustainability.
Uzbekistan’s banking sector is stepping into 2026 with credit risks on the rise, as Fitch Ratings sounds the alarm that impaired loans are set to climb, even with lending growth holding steady.
Phosphate concentrate production at Iran’s Esfordi Phosphate Complex in Yazd Province rose to around 49,000 tons during the first seven months of the year, marking a 2% increase compared to the same period last year.
A total of 56,310 borrowers have received loans totaling 3. 7 billion manat ($2. 18 billion) through Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF). Additionally, loans with guarantees and subsidies reached 676.
Iran has invested nearly $30 million in communication and IT projects in Kerman province, including rural connectivity, mobile stations, and fiber-optic networks.
Mazandaran province’s ports in northern Iran handled around 2.4 million tons of essential imports in the first eight months of the year, while exporting roughly 1.3 million tons of products to neighboring countries.
Passenger vehicle production at Iran’s Irankhodro company rose significantly in the first eight months of the year, reaching roughly 380,000 units, an increase of about 50,000 cars compared to last year.
Iran’s National Iranian South Oil Company (NISOC) has spent approximately $155 million on repair projects this year, completing around 85% of major maintenance work.
As of November 1, 2025, loans to Azerbaijan’s mining and energy sectors totaled 694.8 million manat ($408.5 million). This is down 15.1 million manat ($8.9 million) from last month and 219 million manat ($128.8 million) year-on-year.
In 2025, Azerbaijan saw significant growth in its petroleum industry. The country's production of petroleum coke increased substantially compared to the previous year. Alongside this, overall manufacturing in the petroleum products sector experienced a notable rise, driven by gains in several key product categories.
Loans provided by Turkmenistan’s credit institutions to the private sector in the national currency increased in December 2025, according to the Central Bank of Turkmenistan.
Cashless payments via internet banking in Turkmenistan increased in the period from January to November 2025, according to the Central Bank of Turkmenistan.
Azerbaijan's state budget generated a notable surplus in 2025, with revenues significantly exceeding expenditures. The government’s spending during the year led to a substantial surplus in the budget execution.
Motor gasoline production in Azerbaijan recorded a strong year-on-year increase, reflecting higher output in the oil products sector.
Azerbaijan's white oil production saw a significant increase in 2025. The country also experienced growth in the total value of petroleum product manufacturing during the reporting period.
Kazakhstan has approved a comprehensive plan to develop its livestock sector through 2030, aiming to significantly increase herd sizes, meat production, and exports, supported by large-scale concessional financing and state-backed support measures.
Overall, Georgia received $338 million in remittances in December 2025, marking an increase from the same period of 2024.
The data points to rising export prices despite a contraction in physical export volumes during the month.
Local entrepreneurs concluded multiple transactions for cotton fiber and cottonseed oil by-products during trading on Turkmenistan’s domestic commodity exchange, involving state food industry structures and the country’s financial authorities.
The IMF says greater exchange rate flexibility in Tajikistan would help absorb external shocks and improve adjustment to strong financial inflows amid FX market reforms.
Payments through the national e-commerce system in Turkmenistan recorded significant growth in the first eleven months of 2025.
Uzbekistan’s electric vehicle market continued to expand in 2025, with strong year-on-year growth driven primarily by demand in the capital and several key regions.
The use of bank cards in Turkmenistan is steadily growing, driven by increased adoption in urban areas.
In early 2026, Uzbekistan’s business sector began to bounce back, with nearly 475,000 enterprises in the mix and small businesses still holding the reins of the economy.
Azerbaijan's non-oil sector exports hit the ground running in January 2026, showing remarkable growth. The surge was driven by food product exports taking the lead, while agricultural exports also put their best foot forward.
Kyrgyzstan is expanding its access to global capital markets while advancing financial digitalization to support long-term economic development.
Uzbekistan’s textile sector has kicked off 2026 with robust momentum, solidifying its position as a pivotal contributor to the nation’s export landscape.
Uzbekistan is on the rise, showing a solid upward trend in its energy trade, as both exports and imports of oil and petroleum products are climbing steeply at the dawn of 2026.
Azerbaijan’s monetary base has been on the rise, showing a steady climb in recent months and a robust upward trajectory over the past year. This growth shines a light on the blossoming of the country's financial system and its upward economic trajectory.
The data highlights a major boost in public investment in housing, supporting both construction sector growth and broader efforts to expand Kyrgyzstan’s residential infrastructure.
Kyrgyzstan has launched its spring fieldwork for 2026, with preparations underway across key regions of the country and work focused on expanding sowing and supporting agricultural production
Even with a steady overall growth, some areas in Kyrgyzstan are experiencing a robust year-on-year industrial boom, showcasing vibrant spots of activity within smaller production hubs.
Azerbaijan's industrial sector loan portfolio has shown a slight decline compared to the previous month, with modest annual growth, reflecting broader trends in the country's banking sector and loan distribution.
Azerbaijani banks have experienced fluctuations in their loan portfolio within the transport sector, reflecting broader trends in commercial, consumer, and mortgage lending across the country.