The State Committee for Physical Culture and Sports of Turkmenistan has announced an open tender for the procurement of sports apparel and equipment from foreign manufacturers, including delivery to Turkmenistan.
The growth of Bishkek’s city budget reflects strengthening municipal finances and an expanding revenue base, enhancing the capital’s capacity to fund urban development and public services.
Uzbekistan is taking concrete steps to improve energy efficiency in its small and medium-sized enterprises, aiming to cut natural gas and electricity consumption significantly in 2026.
The price of Iranian heavy crude oil took a dip in January 2026, keeping up with a steady slide in the market.
Uzbekistan is rolling up its sleeves and getting down to business with a new high-value manufacturing project designed to cut down on imports and give exports a leg up.
Uzbekistan’s insurance sector is expected to benefit from easing inflation, high interest rates, and regulatory support, according to new assessments by Moody’s Ratings.
In the reporting year, Azerbaijan saw broad growth in both imports and exports across agricultural, industrial, consumer, and energy-related goods.
Iran has experienced a significant increase in exports through the Khosravi customs in the western Kermanshah province during the first ten months of the current Iranian year.
Iran has disclosed the amount spent on the construction of the four-hundred-kilovolt “Shahid Chamran” power transmission substation in Golestan Province, located in the country’s northeast.
In addition to legal guarantees, the bank mentioned that sectoral alignment between Turkish expertise and Central Asia’s development priorities has facilitated expansion.
Iran plans to significantly expand its electricity production capacity, reflecting decades of growth since the Islamic Revolution.
Kyrgyzstan’s services sector played a leading role in economic growth, reflecting sustained expansion, structural development, and overall economic stability.
Iran considers the establishment of a railway connection with China through Afghanistan to be of major importance for facilitating transit and cargo transportation.
Uzbekistan–Germany trade expanded steadily in 2025, with turnover rising year-on-year on the back of strong import growth.
Iran’s non-oil foreign trade has reached a substantial volume under the current government, reflecting strong export activity and significant import demand.
In Golestan Province, Iran, nine solar power plants have been set in motion. These plants will be a game changer for the region's renewable energy capacity. A fresh wave of solar plants is in the works, aiming to wrap up before the current administration takes its final bow.
The price of the latest Bahar Azadi gold coin dropped recently, reflecting ongoing market fluctuations. This follows Iran's shift to a floating exchange rate system. Older and smaller coin versions also saw slight declines.
The total value of external quotations at Turkmenistan’s commodity exchange declined slightly compared to the previous session, driven by lower activity in the light industry sector, while other categories remained unchanged.
In January 2026, Azerbaijani consumers really went all out, making notable splurges on beverages and tobacco products in the local retail market. The spending took a turn for the better compared to the same time last year.
Turkmengas State Concern has announced an open tender for the supply of pipes, metal products, and general and technological equipment, inviting eligible manufacturers to submit applications.
Turkmennebit State Concern has reannounced an open tender for the supply of general plant, technological, and drilling equipment, inviting eligible manufacturers to submit applications.
Exports through Iran’s Bushehr province ports reached billions of dollars in value during the reporting period, with shipment volumes rising despite a slight decline in overall export value.
Demiryollary OJSC has announced an open international tender for the procurement of railway track superstructure materials and related equipment, inviting eligible domestic companies to participate.
CNPC International’s Turkmenistan branch has announced a pre-qualification process for the supply of laboratory materials for several production and technical departments operating at the Bagtyyarlyk contract area.
Azerbaijan's non-oil sector exports showed significant growth in January 2026 compared to the same month in the previous year. Food product exports experienced a notable increase, contributing to the overall export growth.
Azerbaijan's fixed capital investments in January 2026 show significant growth, driven by strong increases in both oil and gas and non-oil sectors, with the majority directed towards manufacturing, services, and construction.
Iran has made significant investments in port and maritime projects across several provinces. These projects involve the commissioning of new facilities and ships to enhance port operations. Notable developments include upgrades in loading and unloading equipment, as well as storage facilities in key coastal areas.
Azerbaijan's industrial output in January 2026 showed positive growth in both the oil and non-oil sectors, with notable increases in manufacturing, while certain subsectors such as petroleum products and chemicals experienced declines.
Uzbekistan has recorded a noticeable rebound in business activity in early 2026, with the number of operating enterprises increasing after two consecutive years of decline.
A substantial investment has been directed towards the development of Tehran's electricity grid. The funds are focused on improving infrastructure to meet the demands of peak electricity consumption.
Azerbaijan's economy demonstrated growth in January relative to the corresponding timeframe from the previous fiscal year.
Uzbekistan and France further strengthened their trade partnership in 2025, with bilateral turnover recording solid growth and exports playing a key role.
Iran's crude steel production rose during the first 10 months of the current Iranian year. Steel derivatives and sponge iron production also saw notable increases. Additionally, the output of iron ore pellets and concentrate grew compared to the previous year.
New railway lines in Iran’s central Isfahan Province have been inaugurated.
Investment from the private sector in Iran’s industrial parks has grown significantly during the first ten months of the current Iranian year, according to officials.
On February 9, Iran’s Gold and Foreign Exchange Center conducted a notable number of transactions in foreign currencies.
Iran continues its operations along the North-South International Transport Corridor with significant progress on the Rasht-Astara railway in the northern region.
In East Azerbaijan Province, significant road and urban development projects were commissioned. These included the handover of new apartments and the construction of roads across multiple counties. A new railway line in Shabestar County was also launched to boost trade and transportation.
New facilities sprang up across various Iranian provinces, courtesy of the Ministry of Roads and Urban Development. Events unfolded in different cities, with important officials joining in from afar.
In 2025, Uzbekistan’s air transport sector kept its nose to the grindstone, with passenger traffic increasingly flocking to the country’s key aviation hubs.
Uzbekistan’s international reserves have risen sharply at the start of 2026, driven mainly by higher gold prices, according to the Central Bank.
Iran has announced updated information on currency exchange activity. The data was released by the Iranian Gold and Currency Exchange Center. The report outlines recent transactions and overall exchange trends.
The wheels are in motion for restoration work at the Qara-Aghaj titan mine in Iran’s West Azerbaijan Province, kicking off on February 7, backed by a hefty investment of 120 million euros. The mine is set to churn out titanium dioxide pigment, phosphate concentrate, iron sulfate, sponge titanium, and titanium ingots, aiming for an annual haul of about 95,000 tons.
Demiryollary OJSC has reannounced a tender for the reconstruction of the railway checkpoint at Sarahs Railway Station, inviting eligible Turkmen companies to submit applications and technical proposals.
In January, Turkmenistan saw a surge in trade, textile, and entrepreneurial sectors, with bustling activity at the State Commodity and Raw Materials Exchange and notable strides reported across key ministries and business associations.
Iran’s Aghajari Oil and Gas Company is prioritizing a strategy to fully capture flare gas by 2029.
The Construction Cost Index in Georgia showed growth in December, driven by higher wages in the construction sector and increased expenses across various segments, reflecting ongoing upward trends in building costs.
Turkmenistan reported strong performance in the construction and industrial sectors in January, with progress noted across ministries and state enterprises, while the government emphasized high-quality execution of infrastructure projects and oversight of chemical and energy facilities.
Turkmenistan reported growth in agricultural production in January, with positive dynamics recorded across key ministries and state agricultural institution.
Passenger car production at Iran’s Saipa Automobile Manufacturing Company declined over the current Iranian year.
ING expects inflation in Uzbekistan to remain persistently high through 2027, with price growth staying above the Central Bank’s target despite periods of uneven easing.
Trade turnover between Azerbaijan and the Islamic Republic of Iran increased in the first two months of the year, reflecting a continued expansion of economic ties between the neighboring countries.
The share of the private sector in Turkmenistan’s GDP is expected to increase by the end of 2026, a senior official said.
Uzbekistan faces urgent energy challenges as falling gas output pushes the country to accelerate its shift to renewables.
Active involvement from Turkmenistan in the APRECA Investment Forum in Baku this June will help advance renewable energy projects, strengthen regional cooperation, and contribute to the Central Asian energy transition, Gurbuz Gonul, Director of Country Engagement and Partnerships at IRENA.
Trade between Uzbekistan and Belarus grew sharply in early 2026, highlighting stronger bilateral economic ties.
Kyrgyzstan's cultural sector funding has seen significant growth as part of broader efforts to support human capital development, diversify the economy, and enhance the role of creative industries in driving economic expansion.
Azerbaijan's mining sector experienced a slight increase in overall production value, despite a decrease in gold and silver output during the first two months of 2026.
Inflation pressures are building in Uzbekistan, as rising food costs and strong demand keep price growth elevated, prompting the Central Bank to maintain tight monetary conditions.
Kazakhstan’s wholesale and retail trade sectors continue to expand, with notable increases in food and non-food sales across multiple regions.
Manufacturing in Kazakhstan is booming in several areas, including construction materials, machinery, metal products, light industries, and the production of rubber and plastics.
In January 2026, Azerbaijan's average monthly wage took a leap forward. The workforce expanded, with workers in both the public and private arenas. Major players in the game are trade, education, and health care.
A significant increase in Azerbaijani travel to Uzbekistan was noted at the beginning of 2026, which is indicative of the strengthening of people-to-people connections and the growth of tourist flows between the two nations.
Azerbaijan's transport sector shows positive growth in cargo shipments and turnover, reflecting increased efficiency across various transport modes.
The share of processed agricultural products in Kazakhstan is expected to reach 70% in 2026, supported by investment and industry diversification.
Uzbekistan and Jordan are significantly boosting their economic ties, focusing on key sectors like industry, agriculture, logistics, and pharmaceuticals, with a Preferential Trade Agreement on the horizon.
The volume of transactions conducted through Azerbaijan’s Real-Time Gross Settlement System (AZIPS) has recorded significant growth, reflecting increased activity in the country’s financial system.
Although Uzbekistan's exports declined in early 2026, the country's most important trade partners are Afghanistan, Russia, and China.
In the opening couple of months of 2026, Azerbaijan's insurance sector experienced a bit of a dip in the premiums gathered. PASHA Life Insurance took the lead in the sector, with PASHA Insurance and Ateshgah Life Insurance hot on its heels.
Uzbekistan’s imports jumped nearly 30% early in 2026, boosting overall trade and driven by machinery, industrial goods, and tourism services.
Azerbaijan’s voluntary insurance market expanded from January through February 2026, reflecting continued growth in the sector.
Even though Uzbekistan's oil production had a little dip in the beginning of 2026, the country's trade in petroleum products and oil rose.
From January through February 2026, Azerbaijan saw a notable rise in investments directed toward fixed capital in real estate transactions. This increase marks a substantial growth compared to the same months in 2025.
Remittances sent from Azerbaijan to Germany increased over the past year, even as flows in the opposite direction recorded a slight decline, according to data from the Central Bank of Azerbaijan.
Uzbekistan recorded steady growth in oil and petroleum trade in early 2026, with rising exports accompanied by a sharp increase in imports-particularly gasoline.