2026-2-16 21:38 |
Production at the South Pars gas field, a joint venture between Iran and Qatar, has significantly increased. A new well has been commissioned to support this growth. The well was completed and quickly brought online to meet Iran's high energy consumption.
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Azerbaijan’s spending on plastic imports rose by nearly nine percent in the first half of the year, reaching about $275 million as import volumes increased by five percent. This growth comes amid a broader expansion in foreign trade, with total trade turnover surpassing $24 billion despite a slight drop in exports. trend.az »
2025-07-31 23:27
Iran’s imports fell by around 14% in value and 3% in volume during the first four months of the current Iranian year, compared to the same period last year. The country imported roughly $18 billion worth of essential goods, mainly from the UAE, China, and other key partners. trend.az »
2025-07-31 22:58
Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management.
Turkmennebit State Concern fulfilled its oil production plan in the first quarter of 2026, driven by large-scale well restoration works in the Balkan Region.
Azerbaijan’s sugar exports surged more than fourfold in early 2026, driven by rising production and expanding non-oil trade contributions.
The Business Development Bank of Uzbekistan reported a decline in net profit in the first quarter of 2026, while continuing to show improvement in key financial indicators.
As of April 1, 2026, Azerbaijan's Karabakh and East Zangezur regions have experienced growth in business activity. The number of business entities and individual entrepreneurs has increased compared to the previous year.
Azerbaijan's cotton exports and imports saw growth in the first quarter of 2026. Exports increased both in value and volume compared to the same period last year. Meanwhile, cotton imports also rose significantly during the same period.
Uzbek citizens’ travel to Saudi Arabia continued to grow in early 2026, with tourism remaining the main driver behind the rising outbound flow alongside family visits and other purposes.