2025-10-24 17:36 |
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.
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In late 2025, Azerbaijan's banking sector saw a decrease in concentration across its assets, deposits, and loan portfolios. The Central Bank of Azerbaijan reported a reduction in concentration levels, signaling a more diversified banking landscape.
Iran is expecting a strong tea harvest this year, with production set to increase. Tea prices have also risen significantly, reflecting higher production costs. The country has secured agreements with factories to purchase tea leaves directly from farmers.
Uzbekistan’s trade with Germany showed a slight decline at the start of 2026, though longer-term dynamics point to continued growth and stable economic engagement between the two countries.
From January to March 2026, Azerbaijan saw a rise in the value of information and communication services. This growth highlights a positive trend in the sector, contributing to the broader economic performance.
Azerbaijan’s agricultural sector saw growth in the first quarter of 2026, reflecting positive trends in production. The overall economic output, however, experienced a slight decline in GDP. While the oil and gas sector faced a decrease, the non-oil and gas industries showed modest growth.
Rising pork prices and higher energy costs linked to developments in the Middle East are also anticipated to contribute positively to the normalization of price levels.
Uzbekistan is seeing rising arrivals from South Korea, driven largely by tourism and growing bilateral ties.