Uzbekistan has documented substantial advancements in augmenting its renewable energy infrastructure, as legislative members evaluated fresh metrics introduced by Deputy Prime Minister Jamshid Kuchkarov.
The Baku Stock Exchange has revealed the turnover rankings of investment companies for the first eleven months of the year, with PASHA Kapital leading at around 41 billion manat.
The tender is being conducted as an unrestricted standard procedure, allowing participation from any interested suppliers. Bid submissions are accepted until December 8, 2025, at 17:00. Proposals must be submitted in Kyrgyz soms and remain valid for 60 days.
Iran has officially begun the first stage of the first phase of developing the Changuleh Oil Field, a joint field shared with Iraq.
Ardabil Province has collected nearly all of its planned revenues for the first eight months of the Iranian year, bringing in about $59 million, mostly from taxes.
Iran’s Euro 4 and Euro 5 diesel production has risen 10%, now making up 64% of total diesel output (around 75 million liters). The RFCC plant at Shazand and the Shiraz isomerization project currently produce 40 million liters daily.
Uzbekistan and Russia are deepening their economic partnership as new data highlights steady growth in trade, investment, and industrial cooperation.
The latest cryptocurrency market data shows Bitcoin rising 5.84% over the past week to $93,146. Ethereum also gained 3.66%, reaching $3,062 over the same period.
Iran has invested about 320 million euros into a major upgrade project at the Tehran Oil Refining Company, where physical construction is nearly 80% complete.
Exports through the customs of Iran’s Sistan and Baluchestan province reached around 1.8 million tons valued at approximately $245 million, marking a significant increase in both volume and value.
Iran’s three major automakers produced around 561,000 passenger cars during the first eight months of the current Iranian year, marking a nearly 10% decline compared to last year.
Revenues from road transport in Azerbaijan have seen a notable rise during the first nine months of this year.
Azerbaijan’s air transport revenue in the first nine months of the year fell to nearly three billion manat, driven by lower cargo and passenger earnings.
ChatGPT's dominant market share of 94.07% in Azerbaijan reflects its continued stronghold in the AI chatbot sector, while its competitors show varying trends in market performance.
To obtain the tender documents, participants must pay a fee of $1,725 (inclusive of VAT), or the equivalent amount in Turkmen manats. Tender proposals will be accepted only upon confirmation of payment for the participation fee.
The Asian Development Bank plans to intensify efforts to improve transport connectivity and expand clean energy in Central Asia, with a focus on transforming key trade routes and supporting the region’s low-carbon transition.
Prices of key food products in Iran surged sharply, with lemons at 2 million rials ($3. 56) per kilogram, Iranian rice at 3. 16 million rials ($5. 23), and beans at 7. 09 million rials ($11. 7). Lemon prices rose 272% year-on-year, rice 164%, and beans 248%.
Uzbekistan significantly increased its bus and minibus imports in the first 10 months of 2025, bringing in nearly 1,500 vehicles worth $126.6 million from nine countries.
Iran and Iraq are set to start the second phase of the Azar (Badra) joint oil field soon. The plan includes drilling 19 new wells and installing pumps. Production is expected to rise by 30,000 barrels per day.
HPPs account for over 70% of the country’s total electricity generation. To bridge the gap, particularly during low-water seasons, Georgia depends on thermal power plants (TPPs) and imports.
The Asian Development Bank is stepping up support for transport, trade and energy cooperation across Central Asia and the Caucasus as work accelerates on turning the Middle Corridor into a fully fledged economic route.
International rating agency S&P Global has raised the credit rating of Uzbekistan’s Almalyk Mining and Metallurgical Complex (AMMC) to ‘BB-/Stable’ from ‘B+/Stable’.
Baku Metro CJSC earned 79 million manat ($46 million) in revenue during the first 10 months of 2025, up 12. 8% from 70 million manat ($41 million) in the same period of 2024. It transported 162. 57 million passengers, down 2.
Uzbekistan’s gold and uranium producer, Navoi Mining and Metallurgical Company (NMMC), has received a credit rating upgrade from S&P Global, reflecting the country’s improving sovereign profile.
Azerbaijan Railways earned nearly 296 million manat from freight and passenger services in the first nine months of the year, with freight revenue declining by 28 million manat while passenger revenue surged by 48 percent.
Inflation in Iran increased to 41% in the eighth month of the current Iranian year, up from 37. 3% during the same period last year. The latest data from the Central Bank of Iran shows a steady rise in inflation, following a 40% rate in the previous month.
Kazakhstan aims to significantly expand its oil refining sector by 2040, planning major capacity increases, improved fuel standards, and the launch of a new high-capacity refinery as part of a long-term modernization strategy.
The Anzali Free Trade Zone exported $8. 68 million in goods, up from $2. 91 million last year. Services provided abroad reached $36. 6 million, compared to $19. 5 million in the same period previously.
To receive the tender documents, participants must pay a fee of $1,725 (including VAT) or the equivalent amount in Turkmen manats, based on the Central Bank of Turkmenistan’s exchange rate. The payment is required to confirm participation in the tender process.
Tender proposals must be submitted in two sealed envelopes (“A” and “B”) in duplicate. The submission window is open by December 5, with a final deadline of 18:00 local time. Late submissions will not be considered.
Exports from Khuzestan to Iraq totaled 4. 56 million tons worth $1. 03 billion in the first eight months of the year. Overall exports from the province reached 13. 7 million tons valued at $4. 14 billion.
Water supply to Iran's reservoirs dropped 38% year-on-year from September 23 through November 29. During this period, 2.33 bcm entered reservoirs, down from 3.78 bcm last year. Water reserves stood at 16.7 bcm, a 26% decrease compared to last year.
Iran has officially commissioned new solar power plants (SPPs) today, with an investment of approximately 187 trillion rials (around $292 million). These plants have a total capacity of 445 megawatts.
Iran is investing around $500 million in projects to optimize energy use at its oil refineries, which collectively consume energy equivalent to roughly 60 million barrels of crude annually.
Uzbekistan’s public debt continued to grow in 2025, nearing $44 billion amid increased external borrowing to support budget needs and key infrastructure sectors
Uzbekistan saw a slight pickup in monthly inflation in November 2025, even as annual price growth continued to ease, supported by a stronger Uzbek soum against the US dollar.
Iran has boosted production at its joint Yaran–Majnoon oil field with Iraq by roughly 500 barrels per day after installing a new Electric Submersible Pump.
Georgia’s record-high foreign exchange reserves and impressive economic growth highlight the country’s strengthening financial position and growing investor confidence.
Iran’s petrochemical sector has saved roughly 1.7 billion cubic meters of gas over the past four years and aims to save another 200 million cubic meters this year.
Debts owed to the Central Bank of Iran (CBI) have surged, reaching around $27 billion, driven by a sharp increase in state and bank sector obligations.
The international digital asset ecosystem experienced marginal weekly contractions, with principal cryptocurrencies like Bitcoin and Ethereum registering subdued depreciations.
Iran has launched the development of the Belal gas field, a shared reservoir with Qatar that holds roughly 3 trillion cubic feet of gas and more than 100 million barrels of condensate. O
Iran’s foreign trade turnover reached about $77 billion, showing a decline in value but slight growth in volume compared to last year.
Azerbaijan’s banking sector has seen a notable increase in its business credit portfolio for the transportation sector, according to the Central Bank of Azerbaijan (CBA).
As of November 1, 2025, Azerbaijani banks’ industrial sector loan portfolio totaled 2. 69 billion manat ($1. 6 billion). This was a monthly decrease of 8 million manat ($4. 7 million) or 0. 3 percent.
Exports through Bushehr Province customs reached $8 million (22 million tons) in eight months. Goods were sent to over 40 countries, including China, the UAE, India, Pakistan, and T
Tender proposals must be submitted in two sealed envelopes (“A” and “B”) in duplicate. The submission window is open till December 9, with a final deadline of 18:00 local time. Late submissions will not be considered.
Markazi Province exported 1.2 million tons of goods worth $893 million in eight months. Exports went to 87 countries, mainly Pakistan, Afghanistan, Iraq, T
Iran’s South Pars Gas Company’s eighth refinery has processed over 12 billion cubic meters of gas so far this year, supplying more than 6% of the country’s total consumption and supporting nearby petrochemical facilities.
Iran’s trade with EAEU members grew in the first eight months of the current Iranian year, with exports rising 11 percent in value and 10 percent in weight. Iran exported $1. 46 billion worth of goods to the bloc and imported $3.
The number of holders of premium Visa cards in Azerbaijan has increased significantly over the past year.
Nakhchivan’s economy has shown steady growth, reflecting overall improvements in the region’s economic performance.
Nakhchivan Autonomous Republic has recorded an increase in its foreign trade turnover, reflecting continued expansion in international economic activity.
Nakhchivan Autonomous Republic has seen a significant increase in investment in fixed capital, supporting the development of the economy and social sectors.
Despite the steady growth in exports, imports continued to significantly exceed exports, resulting in a negative trade balance in every month of the year.
Turkmenistan’s drilling directorates successfully carried out extensive operations last year, with dozens of wells drilled and prepared for production to support the country’s hydrocarbon output.
Uzbekistan–France trade continues to gain momentum, with bilateral turnover reaching $1.2 billion in the first eleven months of 2025, reflecting solid growth and deeper economic engagement.
The State Commodity and Raw Materials Exchange of Turkmenistan saw a decrease in external quotations, mainly driven by the petrochemicals and light industry sectors, while other categories remained stable, reflecting shifts in the country’s trade dynamics.
The United Nations has projected that consumer price inflation in Georgia will stabilize at the central bank's target over the next two years.
Uzbekistan’s Almalyk Mining and Metallurgical Complex significantly reduced its reliance on imports in 2025, delivering substantial foreign currency savings through localization, import substitution, and expanded industrial cooperation.
The European Union is actively seeking to deepen economic and trade ties with Uzbekistan, with a focus on faster, more cost-efficient transport links and broader business cooperation.
Steady remittance inflows, higher gold prices, and ongoing infrastructure and tourism development are expected to underpin Tajikistan’s economic growth in the coming years, according to the UN’s latest outlook.
Kyrgyzstan’s investment in agricultural mechanization in 2025 boosted sector productivity and created new employment opportunities, supporting sustainable rural development.
Dutch banking group ING expects China’s economy to continue expanding at a moderate pace over the medium term, with GDP growth projected to gradually ease through 2027.
Entrepreneurs from several countries concluded export deals for refined petroleum products during trading at the Turkmen commodity exchange.
The growth and modernization of Kyrgyzstan’s agricultural sector are driving employment and rural development while strengthening the country’s overall economic stability.
Uzbekistan’s transport sector continued to expand in 2025, supported by rising service volumes across key regions and sustained year-on-year growth.
Over the past decade, the economic relationship between Uzbekistan and the U.S. has blossomed, with trade volumes, investment flows, and business cooperation experiencing a steady and impressive rise.
Travel between Uzbekistan and Egypt continues to gain momentum, reflecting the growing interest of Uzbek tourists in popular international destinations.
Trade dynamics in Kyrgyzstan in 2025 show a rebalancing between exports and imports, reflecting evolving external demand and domestic market activity.
The figures indicate accelerating domestic demand and investment activity in Kyrgyzstan, with construction and trade expansion outpacing moderate inflationary pressures at the start of the year.
The strong GDP expansion reflects broad-based industrial momentum, with accelerated growth in manufacturing and extractive industries underscoring resilient domestic demand and ongoing structural diversification of Kyrgyzstan’s economy.
Uzbekistan’s transition toward a cashless economy is accelerating, with the country’s payment infrastructure expanding rapidly over the past two years.
Azerbaijan’s road freight sector saw an increase in the total value of transported goods despite a slight decline in volume.
Electric vehicle imports to Azerbaijan declined compared to the same period last year, both in quantity and total value.