Sistan and Baluchestan Province in southeastern Iran has harvested 350,000 tons of dates since March 2025. The province, with 75,000 hectares of date orchards, produces 62 percent of its total orchard output.
Global liquefied natural gas (LNG) supply is set for a major expansion by 2030, according to the International Energy Agency’s (IEA) latest outlook.
Uzbekistan’s network of ATMs and information kiosks continues to expand, reaching 38,118 units as of October 2025—a 5.8% increase from the previous month.
The capital of Melli and Mellat Banks increased by 4. 12 quadrillion rials ($7. 28 billion). Melli Bank’s capital rose from 1. 24 to 4. 2 quadrillion rials ($2. 19–$7. 42 billion), more than tripling.
Natural gas consumption in North America rose modestly in 2025, supported by colder winter conditions but tempered by high prices and lower use in the power sector, according to the International Energy Agency’s (IEA) latest outlook.
Saudi Arabia’s natural gas production is set for strong growth over the coming years, driven by rising domestic demand for power generation and industrial use, the International Energy Agency (IEA) said.
On October 28, 2025, Iran's Bahar Azadi gold coin was valued at 1. 09 billion rials ($1,926), down from 1. 12 billion rials ($1,974) the previous day. The older version of the coin was sold for 1. 03 billion rials ($1,824).
The Uzbekistan Stock Exchange has posted record financial results in the first nine months of 2025, with profits and market capitalization showing strong growth.
Iran has solidified its position as the Middle East’s largest natural gas producer, with output rising by 30% between 2018 and 2024, according to the International Energy Agency (IEA).
Exports through Iran’s Anzali port in Gilan Province rose by 10 percent to 326,000 tons during the first seven months of the current Iranian year. Cargo transit also surged by 196 percent, reaching over 77,000 tons.
Azerbaijan’s insurance sector showed robust growth in 2025, driven by rising voluntary insurance premiums and increased payout volumes, reflecting expanding market activity and consumer engagement.
Trade relations between Azerbaijan and Russia have shown growth and maintained Russia's position as one of Azerbaijan's leading foreign trade partners.
Iran’s South Pars Gas Complex (SPGC) has refined 117 bcm of gas from March 21 to October 22, 2025. This is the first time the company has processed 117 bcm since its establishment. The output exceeded the planned 116 bcm set by the Ministry of Oil by 1 bcm.
Exports through Iran’s Mehran customs post reached around 1.4 million tons of goods valued at roughly $870 million in the first seven months of the Iranian year, with about 67,000 tons of cargo also transited.
Iran’s Fara Bourse, an over-the-counter (OTC) financial market, saw its value rise to around $57 billion, marking an 11% increase from the previous month.
Iran has purchased nearly 100,000 tons of tea leaves worth about $37 million from local farmers since April, with roughly 90 percent of payments already made.
Uzbekistan’s economy continues to outperform expectations, with robust growth across industry, services, and agriculture, alongside rising household incomes and foreign reserves, signaling strong momentum heading into 2026.
The Bahar Azadi gold coin fell to 1. 12 billion rials ($1,978) from 1. 13 billion rials ($2,001). The older coin hit 1. 05 billion rials ($1,864); half and quarter coins traded at 583m rials ($1,032) and 333m rials ($589).
Uzbekistan has experienced a significant rise in remittances from abroad in the first nine months of 2025, surpassing last year’s levels, while the volume of money sent from the country abroad has slightly declined.
The Asian Development Bank (ADB) has approved a $235 million loan to modernize water supply infrastructure in rural Georgia, targeting at least 100 settlements and improving access to safe, reliable water.
IKCO's revenue grew 52 percent in the first half of 2025, reaching 12.2 trillion rials ($21.6 million). Car production surpassed 263,000 units, the highest in seven years.
Azerbaijan imported 233. 3 million cubic meters of natural gas worth 36 million dollars, down from 467. 7 million cubic meters and 74. 8 million dollars last year. Russia supplied 21. 2 million cubic meters and Turkmenistan 212.
Trade between Azerbaijan and Georgia totaled $624 million from January through September 2025.
In September 2025, Albania’s exports fell while imports continued to rise, pushing the trade deficit to ALL 48 billion ($578 million). Despite growth in trade with some EU partners, the overall annual decline in exports highlights ongoing challenges in key sectors such as construction materials, metals, and mineral fuels.
Global LNG re-exports increased slightly in September 2025, rising 13% year-on-year to 0.20 million tons (Mt), according to the Gas Exporting Countries Forum (GECF).
Last week, Iran Mercantile Exchange (IME) sales totaled 3. 5 million tons worth 558 trillion rials ($994 million). The industrial section traded two million tons worth 224 trillion rials ($398 million).
Global LNG exports rose 4.2% year-on-year in September 2025 to 34.91 million tonnes (Mt), marking the slowest growth pace since June 2025, according to the Gas Exporting Countries Forum (GECF)
On October 25, Iran’s Bahar Azadi gold coin traded at nearly 1.12 billion rials (about $2,000), down from 1.14 billion rials ($2,029) two days earlier. The older version of the coin sold for 1.06 billion rials ($1,884), while half and quarter coins were priced at 580 million ($1,032) and 336 million rials ($598), respectively.
Iran plans to allocate around $110 million to accelerate the construction of the Chabahar-Zahedan railway, which will link the Chabahar port to the national railway network and boost freight transport and regional economic development.
Azerbaijan produced medicines worth 11.3 million manat ($6.6 million) in the first nine months of the year.
The Mortgage and Credit Guarantee Fund (MCGIF) of Azerbaijan has provided significant financial support to borrowers in Azerbaijan. As of today, the fund has issued 3. 684 billion manat ($2. 17 billion) in loans.
Eni’s Plenitude subsidiary reported a decline in proforma adjusted EBIT in the third quarter of 2025, reflecting weaker results in the retail segment, partly offset by growth in renewable capacity and production.
Eni’s Plenitude subsidiary reported steady growth in renewable energy and electric vehicle (EV) infrastructure in the first nine months of 2025, while retail and business gas sales saw a modest decline.
Eni reported stronger results in its global gas and LNG portfolio and power generation businesses in the third quarter of 2025, supported by portfolio optimization and one-off contractual gains.
The Central Bank of Uzbekistan has disseminated its most recent GDP prognostication, anticipating a consistent trajectory of economic expansion in the forthcoming years.
Gateway Ventures International Inc. is implementing a series of oil and gas projects in Turkmenistan, including collaborations with Dragon Oil LLC.
According to the latest Gas Market Report by the Gas Exporting Countries Forum (GECF), the European Union’s pipeline gas (PNG) imports declined in September 2025 amid seasonal maintenance and reduced flows from key suppliers.
Azerbaijan’s state debt is projected to rise to over 20 billion manat by the end of next year, representing just over 20% of GDP.
Azerbaijan projects household incomes to grow around 3% in 2026, with spending expected to rise at a similar pace.
The European Bank for Reconstruction and Development (EBRD) is providing a ˆ25 million loan to Tegeta Motors to build a new truck and heavy machinery service center in Tbilisi, part of a ˆ32 million project
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has invested about $7.3 billion in new projects, which are expected to add roughly 12 million tons to production.
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) reported a net income of about $2.3 billion, marking a 63 percent increase from the previous financial year.
Exports through Iran’s Bilasuvar border terminal rose by about 50 percent in the first half of the current Iranian year, reaching roughly $130 million in value.
Uzbekistan’s banking sector continues to expand its digital payment infrastructure, with the total number of POS terminals reaching 430,178 as of October 2025.
Azerbaijan’s draft state budget allocates around 14.1 billion manat for major expenditures next year, including the reconstruction of the Heydar Aliyev Oil Refinery (HAOR).
Azerbaijan plans to allocate about 50 million manat to the DOST Agency next year to support the delivery of social services.
On October 23, Iran’s latest Bahar Azadi gold coin traded at 1. 14 billion rials ($2,020). This marked an increase from 1. 13 billion rials ($2,002) on the previous day. The older Bahar Azadi coin sold for 1.
Global natural gas production is set to grow steadily in 2025, driven primarily by strong output from North America, according to the latest outlook from the Gas Exporting Countries Forum (GECF).
Major infrastructure projects are currently underway to develop tourism in the country. These include the construction of the Ala-Too Resort ski complex and the large-scale modernization of airports nationwide, said Prime Minister Adylbek Kasymaliev.
Azerbaijan’s State Oil Fund (SOFAZ) sold over $4 billion in currency through Central Bank auctions during the first nine months of the year.
Iran’s imports from Azerbaijan dropped sharply in the first seven months of the year to around $7 million and 3,400 tons, reflecting a steep decline in both value and volume.
Uzbekistan is set to modernize key railway hubs along the border with Kazakhstan and build bypass lines to redirect cargo from the Fergana Valley away from Tashkent.
Global liquefied natural gas (LNG) trade is set for significant growth over the next decade, driven by rising demand in Asia, the United States’ flexible exports, and expanded Middle Eastern capacity, the International Energy Agency (IEA) said in its latest outlook.
Consumer prices in Croatia rose 3.6 percent year-on-year in October 2025, driven by higher costs in housing, utilities, and food. Monthly prices also increased by 0.6 percent, while the harmonised index of consumer prices showed a 4.0 percent annual rise.
Azerbaijan’s production of passenger cars and trucks declined significantly in the first ten months of the year, with around 3,300 cars and 270 trucks manufactured.
Azerbaijan’s construction material production fell to around 1 billion manat in the first ten months of the year.
The Middle East will remain the world’s largest oil exporter through 2050, while global oil trade shifts increasingly toward Asia, the International Energy Agency (IEA) said in its latest outlook.
Global oil refining and consumption patterns are set to shift over the next decades, with petrochemicals and aviation driving demand while road fuels remain broadly stable until 2040, the International Energy Agency (IEA) said in its latest outlook.
Global oil supply will need to broaden significantly in the coming decades as demand continues to rise, with growth no longer driven primarily by the United States, the International Energy Agency (IEA) said in its latest outlook.
Azerbaijan directed roughly 14.8 billion manat into fixed capital during the first ten months of the year, marking a modest increase of about 1 percent compared with the previous year.
Azerbaijan's industrial production totaled 52. 6 billion manat ($30. 9 billion) from January to October 2025, marking a 1. 2 percent decline year-on-year. The oil and gas sector saw a 2. 2 percent drop, while the non-oil and gas sector grew by 4.
Non-OPEC+ oil production rose by 80,000 barrels per day (kb/d) in October to 56.1 million bpd, the International Energy Agency (IEA) said in its latest outlook.
In October, Azerbaijan’s consumer price index rose to 106 percent compared with the same month last year, driven mainly by increases in food, alcohol, and tobacco products, while non-food goods and paid services also saw moderate gains.
Production of other minerals totaled 20.1 million somoni (about $2.1 million) in September 2025, slightly higher than the same month in 2024.
Azerbaijan’s transport sector saw growth in the first ten months of the year, with around 198 million tons of freight and 1.79 billion passengers moved.
Azerbaijani consumers spent heavily on gasoline and diesel last year, driving significant growth in the retail fuel market.
Latvia and Azerbaijan are exploring ways to strengthen trade and economic cooperation through practical, demand-driven initiatives and ongoing collaboration.
Azerbaijan has seen a notable decline in the production of both passenger cars and trucks compared to the previous year, with finished stock also reduced.
Entrepreneurs from the UAE purchased urea from Turkmenhimiya, while local companies acquired cottonseed-based raw materials during trading at Turkmenistan’s commodity exchange, with several transactions registered during the session.
The volume of mobile banking operations in Turkmenistan increased in the first eleven months of 2025, reflecting a steady rise in digital financial services.
The total value of external quotations published for the latest trading session on the Turkmen commodity exchange saw a rise compared to the previous session, fueled mainly by a surge in activity within the petrochemicals sector.
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.
In the first 11 months of 2025, the average monthly salary of hired employees in Azerbaijan increased significantly year on year. The number of salaried workers in the country also saw a notable rise.
Uzbekistan plans to launch dozens of new tourism investment projects in Sokh District in 2026, aiming to boost employment and regional development in Fergana Region.
Nakhchivan Autonomous Republic has reported an increase in both budget revenues and expenditures, reflecting continued fiscal growth in the region.