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Sina Bank allocated 2. 01 quadrillion rials ($3. 37 billion) to various economic sectors in the first seven months of the current Iranian year. This included 1. 01 quadrillion rials in loans and another one quadrillion rials in guarantees and letters of credit. trend.az »
Azerbaijan has seen strong growth in renewable energy production, with wind power generation reaching 74 million kWh and solar power 532 million kWh in the first ten months of the year. trend.az »
Tender proposals, including a sealed envelope with the full quotation and electronic documents, must be submitted till December 25, by 16:00 local time. trend.az »
Azerbaijan’s production of bitumen declined to around 214,000 tons, while petroleum coke output rose to approximately 191,000 tons in the first ten months of the year. trend.az »
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. trend.az »
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. trend.az »
Azerbaijan imported around 78,200 passenger cars, 6,000 trucks, and 650 buses during the first nine months of the year. trend.az »
The Iranian South Zagros Oil and Gas Production Company plans to produce 162 million cubic meters of gas per day and 17,000 barrels of crude oil per day. The company also aims to produce 48,000 barrels of gas condensate per day, while major repairs at production and processing facilities help maintain output and secure the winter energy supply. trend.az »
Azerbaijan’s information and communication services hit the ground running, racking up around 3.1 billion manat in the first ten months of the year, with nearly 72 percent catering to households. trend.az »
As of early November, Azerbaijan’s economically active population reached roughly 5.4 million, with around 5.1 million employed. trend.az »
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. trend.az »
Azerbaijan’s rail and maritime transport saw mixed trends in the first ten months of 2025, with rail cargo declining to around 14 million tons while passenger numbers rose to roughly 8.3 million. trend.az »
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. trend.az »
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. trend.az »
Fuel sales in the country climbed by about 8 percent from a year earlier, reflecting steady growth in domestic demand trend.az »
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. trend.az »
Retail gasoline and diesel prices in the United States are expected to decline in 2026 as lower crude oil prices reduce costs at the pump, the U.S. Energy Information Administration (EIA) said in its latest outlook. trend.az »
Currency exchange at Iran’s Center for Exchange of Currency and Gold (ICE) totaled $69. 5 million on November 11. According to ICE data, trades included $22. 1 million, 89. 2 million UAE dirhams, 8. trend.az »
Iran’s Gilan Province issued 7. 07 trillion rials ($12 million) in loans over seven months. Funding included 2. 44 trillion rials ($4. 13 million) for agriculture, 1. 8 trillion rials ($3. 06 million) for industry, 915 billion rials ($1. trend.az »
The State Tourism Agency of Azerbaijan has announced a tender for the purchase of information and technology equipment, with a participation fee of approximately 105 manat. trend.az »
Another priority is coordination among member states in green and sustainable industries, to jointly address challenges related to climate change, the energy transition, and digital transformation. trend.az »
The Central Bank of Azerbaijan’s net claims on banks and non-bank credit organizations rose to about 8.8 billion manat as of early October. trend.az »
Dutch banking group ING forecasts Azerbaijan’s GDP to grow by 1. 6% in 2025, 2. 8% in 2026, and 2. 0% in 2027, with growth steady in Q3 2025 and rising to 3. 0% in Q4. Official data show GDP at 95. 2 billion manat ($56 billion) in January–September 2025, up 1. trend.az »
From January through October 2025, Azerbaijan collected 5. 2 billion manat ($3 billion) in social insurance revenues, up 12. 1 percent year-on-year. Non-budgetary contributions totaled 3. 5 billion manat ($2. trend.az »
The tender, held on behalf of the concern’s tender commission, invites participation from manufacturers and exclusive distributors only. trend.az »
More than 26.2 million manat ($15.4 million) in VAT refunds was returned to Azerbaijani citizens from January through October 2025, Trend reports citing the State Tax Service. The refunds were made under a program reimbursing part of the VAT paid on cashless purchases of residential and non-residential properties. trend.az »
Exports through Chaharmahal and Bakhtiari customs reached 248,000 tons worth $130 million in seven months. trend.az »
Exports via Iran's Tamarchin customs reached $479 million and over 1 million tons in March–October 2025, up 34% in value and 28% in volume. $479 million and over 1 million tons of steel, iron ore, fruits, and dairy products were sent to Iraq. trend.az »
Iran’s Sistan and Baluchestan province recorded notable growth in trade over the first seven months of the current Iranian year, with exports rising by around 3% in value and 36% in volume compared to the same period last year. trend.az »
Interested companies must submit an application indicating their legal status, country of registration, and company details. trend.az »
Azerbaijan’s GDP reached 95.229 billion manat ($55.7 billion) by September, or 73.3 percent of the year’s forecast. For 2025, GDP is expected to grow 3 percent to 129.9 billion manat ($76 billion). trend.az »
In the seventh month of the current Iranian year, beans rose by 255 percent, Iranian rice by 155 percent, and peaches by 138 percent. Watermelon and melon prices increased by 133 percent and 127 percent, respectively. trend.az »
Saudi Aramco increased its downstream capital expenditures in 2025 as progress continued on key expansion projects in refining and petrochemicals. trend.az »
The figures highlight continued growth in Kazakhstan’s POS infrastructure and a trend toward more versatile ATMs, reflecting the country’s gradual transition to modernized payment systems. trend.az »
Tender proposals must be submitted in a sealed envelope till November 14, 2025. trend.az »
The European Bank for Reconstruction and Development (EBRD) has strengthened its environmental and social standards with the updated Environmental and Social Policy (ESP), now in force since early 2025. trend.az »
Non-oil products from South Khorasan Province rose 118 percent in value and 62 percent in weight in the first seven months of the Iranian year. Exports through the province’s customs reached 1. 3 million tons worth $305 million, with 97 percent going to Afghanistan. trend.az »
Environmental protection and social inclusion go hand in hand, reinforcing one another and driving economic growth across the EBRD’s regions, said Maya Hennerkes, Managing Director of the Environment and Sustainability Department at the European Bank for Reconstruction and Development (EBRD). trend.az »
By the end of 2025, the country’s total installed generating capacity is expected to reach 28 GW, the Ministry of Energy reported. trend.az »
The European Bank for Reconstruction and Development (EBRD) is placing renewed emphasis on protecting vulnerable communities and promoting inclusion as part of its environmental and social safeguards, Maya Hennerkes, Managing Director of the Environment and Sustainability Department at the EBRD. trend.az »
Azerbaijan’s Restoration, Construction, and Management Service of the Aghdam, Fuzuli, and Khojavend districts has announced a tender for construction work in quarter O-122 of residential area No. 5 in Aghdam city. trend.az »
MasterCard continues to expand its presence in Kazakhstan, led by strong growth in debit and prepaid cards, signaling shifting consumer preferences toward digital and flexible payment options. trend.az »
Shell’s integrated gas production rose to 934 thousand barrels of oil equivalent per day (kboe/d) in the third quarter of 2025, up from 913 kboe/d in the previous quarter. trend.az »
Loan investments in Azerbaijan’s transport and communications sector by banks and non-bank institutions totaled 2. 09 billion manat ($1. 2 billion) as of October 1, 2025. This marks a monthly increase of 172. trend.az »
Iran’s National Oil Company has outlined plans to boost crude oil production to about 4.5 million barrels and gas output to roughly 1.3 billion cubic meters per day by 2029, while eliminating flare gas. trend.az »
All lots were listed under prepayment terms with FCA or EXW delivery conditions from Ashgabat and Anew cities, confirming the active participation of both state institutions and private enterprises in SCRMET’s engineering sector trades. trend.az »
Kazakhstan’s onion production and consumption are set to grow in 2025, driven by higher yields, expanded cultivation, and rising domestic and export demand trend.az »
TotalEnergies' Q4 divestments are projected at around $2 billion, including the closing of exploration & production assets in Nigeria and Norway, as well as farm-downs of renewable projects in North America and Greece for Integrated Power. trend.az »
Tender proposals will be accepted until 15:00 local time on December 10, 2025. Each bidder must submit one sealed envelope containing the full tender offer, certified with a mastic seal. trend.az »
Production at Kazakhstan's Karachaganak for KMG rose in early 2025 as gas reinjection efforts boosted output, while ongoing projects aim to sustain liquid hydrocarbon levels for the long term. trend.az »
