Iran’s Persian Gulf Petrochemical Industries Company will provide nearly 1 billion euros in funding through murabaha for six major petrochemical projects, boosting production and exports.
PETRONAS has extended its production sharing agreement with the government of Turkmenistan, confirming its intention to continue active operations on the Turkmen shelf of the Caspian Sea.
Azerbaijan boosted its state budget spending on agriculture to around 770 million manat in the first nine months of the year.
Iran’s Shahid Rajaee Port handled about 36 million tons of cargo in the first half of the current Iranian year, including 24 million tons of exports.
Iran’s Arvand Petrochemical Company reported a sharp revenue increase in the first six months of the year, reaching around $280 million, up nearly 60% from last year
In the first six months, Iran’s imports from Kyrgyzstan rose to 1,600 tons valued at $2.4 million, mainly consisting of agricultural products and phosphoric acid.
Azerbaijan’s consolidated budget recorded a surplus of around 7 billion manats in the first nine months of the year, marking a 21 percent decline compared to the same period last year.
Revenues from Azerbaijan’s non-oil and gas sector reached 15 billion manat ($8. 8 billion) in the first nine months of 2025. This marked an increase of 462. 3 million manat ($272 million), or 3. 2 percent, compared to the same period last year.
Azerbaijan's unsecured money market activity increased notably in 2025, with declining interest rates and a stronger role for the AZIR index as a benchmark, reflecting the Central Bank’s efforts to stabilize monetary conditions.
Azerbaijan spent 5.2 billion manat of its defense and national security budget in the first nine months of the year.
Revenue from the Azeri-Chirag-Gunashli (ACG) oil project to Azerbaijan’s budget fell sharply, dropping by over 300 million manat compared to last year.
A total of 10. 3 million tons of goods were exported through Imam Khomeini port in Khuzestan Province during the six months from March 21 through September 22, 2025. During the same period, 973,000 tons of products were exported via Khorramshahr port.
Iran’s Bandar Abbas Refinery has boosted its capital to around $720 million to strengthen its financial structure and expand production capabilities.
Uzbekistan’s electricity production rose to 62.54 billion kWh in the first nine months of 2025, a 3.8% increase from the same period last year.
Iran is set to inaugurate two major railway lines, including the Ardabil-Miyaneh route, which will initially handle around 3 million tons of cargo and 600,000 passengers.
Uzbekistan has reported notable growth in its foreign trade through the first nine months of 2025, reflecting stronger exports and expanding economic ties with key global partners.
East Azerbaijan exported 160,000 tons of agricultural products worth $186 million. Dried fruits were 37,000 tons ($82.2M). Grain products reached 54,700 tons ($51.3M).
Iran’s imports from Tajikistan rose sharply in the first half of the year, reaching around $44 million and 23,000 tons, up from $37 million and 16,000 tons last year.
The bank's portfolio in Georgia currently comprises 79 active operations, with operating assets valued at 1.065 billion euros.
The EBRD currently supports 252 active projects across the country. According to the bank, 84 percent of its total portfolio in T
In H1 2025, Iran exported 924,000 tons of goods worth $457 million to Central Asia via Sarakhs, up 37% in value. This included $185 million in food, $137 million in petrochemicals, and $95 million in construction materials. Imports through Sarakhs hit 70,000 tons worth $123 million.
Iran’s Hormozgan province achieved over half of its non-oil export target in the first half of the current Iranian year, with total exports reaching about $2.3 billion.
Iran exported 61.3 million tons of non-gas condensate products worth $20.9 billion in the first five months of the current Iranian year (March 21–August 22, 2025). During the same period, the country imported 15.2 million tons of goods valued at $23 billion.
Moody’s Ratings has affirmed the B3 local and foreign currency insurance financial strength ratings (IFSR) of Uzbekistan's Impex Insurance JSC and upgraded the outlook from stable to positive.
On Oct 21, Iran’s Bahar Azadi coin sold for 1.14 billion rials (~$1,994), down slightly from the day before. The older version was 1.09 billion rials (~$1,905). Half and quarter coins sold for 584 million (~$1,022) and 336 million rials (~$588), with 1g of gold at 109 million (~$191).
Iran approved foreign investments worth around $260 million, reviewing 53 projects across sectors such as automotive, mining, agriculture, healthcare, housing, services, and renewable energy.
Iran has begun development operations at the Yaran oil field, shared with Iraq, starting with the drilling of the first well that has already reached about 1,400 meters in depth.
In September 2025, Montenegro saw a slight monthly drop in consumer prices, while year-on-year inflation remained elevated, driven by changes in food, accommodation, and transport costs.
Operations at Iran’s Chabahar port are progressing with private and government investments of around $415 million, aiming to boost storage capacity for essential goods by half within a year.
From January through September 2025, trade between Azerbaijan and Italy reached $8.9 billion, up 19.1% year-on-year. Italy made up 21.7% of Azerbaijan’s foreign trade, remaining its top partner. Exports totaled $8.5 billion, while imports from Italy hit $374.2 million.
Azerbaijan’s cotton imports rose by around $1 million in the first nine months of the year, while cotton exports remained steady at about $166 million
From January through September 2025, Azerbaijan exported 223,300 tons of crude oil and petroleum products worth $126. 5 million to the Netherlands. This represents an 18. 4% increase in value and a 32.
Golestan Province in northeastern Iran has attracted $120 million in foreign investment during the first half of the current Iranian year, marking a sharp rise compared to previous years.
From January through September 2025, Azerbaijan exported 998,600 tons of crude oil and petroleum products worth $537. 8 million to Croatia. This marks a 14% drop in value and a 0. 6% decrease in volume compared to the same period last year.
Iran’s non-oil exports to Uzbekistan surged in the first half of the current Iranian year, rising by nearly 60 percent in value and over 80 percent in volume compared to the same period last year.
Azerbaijan’s oil exports to Tunisia have dropped sharply in the first nine months of the year, falling by about half in both value and volume compared to last year.
Iran’s Maskan Bank has significantly increased its housing loan activity, issuing around $283 million in home purchase loans in the first half of the current Iranian year.
Iran’s crude steel consumption fell by nearly six percent in the first half of the year, totaling around 11 million tons, while steel product use dropped to about 9 million tons.
Iran’s new Bahar Azadi gold coin sold for nearly $2,000, showing a slight dip from the previous day, while older versions and smaller denominations traded at lower values.
Iran’s imports from Uzbekistan grew by nearly 9 percent in value and more than 90 percent in volume during the first half of the current Iranian year, reaching about $44 million worth of goods.
Iran’s Trade Currency Market saw $14.3 billion in exchange on October 11–15, 2025. Total volume since March 21 reached $15.9 billion, including $8.73 billion and 19.7 billion dirhams. Last week’s trades included $253 million, 632 million dirhams, and 419 million yuan.
Iran’s non-oil exports to Turkmenistan rose 32.7% in value and 15.7% in volume in the first half of the Iranian year. Exports reached $318 million, including agricultural and industrial products. Total bilateral trade grew 27.9% in value to $323 million.
Azerbaijan’s railway sector saw a decline in freight traffic by 10.7% in the first nine months of 2025, while passenger traffic rose by 19.5%, contributing to a modest overall increase in transport volumes.
Iran’s new Bahar Azadi coin sold for 1.12 billion rials ($1,954) on October 18, down from 1.15 billion rials ($1,999). Prices fluctuate after the May 2024 floating exchange rate. Older and smaller coins sold for 1.07 billion rials ($1,860) and less.
The global mining and refining industries will require around $915 billion in new investment by 2035 to meet rising demand for critical materials, according to the International Energy Agency’s (IEA) latest outlook.
The session includes a range of licorice-based products offered by the Ministry of Health and Medical Industry of Turkmenistan and IE “Myratly Gadam.”
The number of point-of-sale (POS) terminals in Turkmenistan continues to grow, reflecting the country’s push toward digital payments and cashless transactions
Azerbaijan's international air cargo reached $5. 26 billion and 11,800 tons from January through September 2025. The value rose by $1. 9 billion, while the weight dropped by 62,500 tons. Exports totaled $290.
Azerbaijan imported around 38 tons of gold worth nearly $4 billion in the first eight months of the year, more than doubling both volume and value compared to last year.
SIOT, which holds an Insurance Financial Strength (IFS) rating of B/Stable , received a 'Most Favourable' assessment for its Company Profile within its local market.
Azerbaijan’s gold and silver production has taken a turn for the better this year, hitting the ground running with around 2,600 kilograms of gold and 3,200 kilograms of silver by October.
Azerbaijan saw foreign investments in fixed capital rise to 3. 34 billion manat ($1. 92 billion) from January through October 2025, Trend reports. This is a 34. 3 percent increase year-on-year. The oil and gas sector received 2.
Azerbaijan’s agricultural output hit the ground running, soaring past 12.5 billion manat in the first ten months of the year. Livestock played a significant role, bringing in about 6.1 billion, while crops added their fair share with around 6.4 billion.
Azerbaijan’s mining sector produced 23 million tons of crude oil and 32 billion cubic meters of natural gas in the first ten months of 2025.
The number of items in each lot remained unchanged, and there were no adjustments in unit prices compared to the previous session.
U.S. natural gas prices are expected to rise in 2026, the U.S. Energy Information Administration (EIA) said in its latest outlook.
Nakhchivan has seen a sharp rise in business turnover following the expanded use of new-generation cash registers (NKA), with VAT refunds to consumers exceeding 1.4 million manat.
Global liquid fuels consumption is forecast to rise in 2025 and 2026, driven almost entirely by non-OECD countries, the U.S. Energy Information Administration (EIA) said in its latest outlook.
Overall, agricultural commodity prices remained stable, with only minor adjustments in volumes between the two sessions.
Russian crude and oil product exports fell by 150,000 barrels per day (kb/d) to 7.4 million barrels per day (mb/d) in October.
ADY (Azerbaijan Railways), part of AZCON Holding, reported a significant rise in freight operations at the Baku port over the first ten months of 2025, Trend reports. According to the company, nearly seven million tons of cargo and 86,000 TEU were handled, reflecting year-on-year increases of 5.6 percent and over 38 percent, respectively.
Overall, the data indicate continued growth in fixed capital investments across the country, with the largest volumes concentrated in the RRS and Dushanbe.
The distribution indicates that mobile banking usage is concentrated in urban and more populous regions, while smaller and less populated areas have limited adoption.
Imports from regional partners amounted to $458.3 million in September, remaining largely unchanged from September 2024.
Fitch assigns an expected ‘BB-(EXP)’ rating to UzAuto Motors’ new five-year bond, reflecting government support amid slower sales and tighter credit conditions.
In 2025, the transport sector of the Nakhchivan Autonomous Republic saw an increase in both freight and passenger movement.
Retail trade and paid services in Nakhchivan have shown steady growth over the past year.
Industrial production in Nakhchivan has shown notable growth, signaling strengthening economic activity in the region.
Uzbekistan is advancing its clean energy transition as the EBRD approves nearly $200 million to finance a large-scale solar power and battery storage project in the Kashkadarya region.
The World Bank expects Uzbekistan to sustain strong economic growth in the coming years, slightly upgrading its outlook following better-than-anticipated performance in 2025.
The total value of external quotations on the State Commodity and Raw Materials Exchange of Turkmenistan declined in the January 14 trading session, mainly driven by the petrochemicals sector.
Turkmenistan’s Turkmenbashi Oil Processing Complex hit the ground running last year, exceeding its oil refining and petrochemical production goals, churning out top-notch fuels and chemical products for local use.
Turkmenistan’s gas sector delivered results above planned levels, with production and export indicators exceeding targets and confirming the country’s steady progress in implementing its energy strategy.
Turkmenistan’s oil and gas directorates successfully carried out extensive well rehabilitation last year, restoring and commissioning multiple wells to support stable hydrocarbon production.
Uzbekistan plans to cut energy use 20% by 2030, modernizing public buildings with $264M in international funding.