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The Bahar Azadi gold coin in Iran rose to 1.11 billion rials ($1,895) on November 6, up from 1.10 billion rials ($1,876) the previous day. The older version traded at 1.04 billion rials ($1,780), while a half coin sold for 581 million rials ($991), a quarter coin for 336 million rials ($573), and one gram of 18-carat gold for 105 million rials ($179). 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 »
Interested companies must submit an application indicating their legal status, country of registration, and company details. trend.az »
The ADB-backed Climate Adaptive Water Resources Management project in Uzbekistan aims to boost agricultural productivity and economic resilience by modernizing irrigation infrastructure, improving water efficiency, and strengthening institutional capacity in the country’s vital water sector. trend.az »
The restoration of the 19th-century Girls’ School in Shusha highlights Azerbaijan’s ongoing efforts to preserve and celebrate its cultural heritage. 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 »
Azerbaijan’s National Depository Center (MDM) has launched a tender to hire an audit service for its Information Security Management System, with a participation fee of around 48,000 manat. trend.az »
Only residents of Turkmenistan who are members of the Union of Industrialists and Entrepreneurs of Turkmenistan are eligible to participate. trend.az »
The Azerbaijani Ministry of Science and Education has initiated a procurement process for the refurbishment of multiple educational infrastructures. The entry fee is set at 1,500 manat ($880), with the deadline for submissions established at 09:30 (GMT+4) on November 14, 2025, at which point the submission portal will be activated. trend.az »
The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) earned $47.1 million in export revenues from January through September 2025. trend.az »
Iran has executed agreements totaling approximately $800 million to capture flare gas, with the objective of ceasing combustion at critical petroleum locations and facilitating the commercialization of nearly 300 million cubic feet. trend.az »
Azerbaijan exported around $240 million worth of gold in the first nine months of the year, more than doubling last year’s figure. trend.az »
Azerbaijan has significantly boosted the charter capital of its Innovation and Digital Development Agency, raising it from around 7 million manat to nearly 27 million manat. 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 »
As of the end of September, Azerbaijan saw a decline in the number of transactions with local cards, with a slight change in their total volume. trend.az »
For companies registered in Turkmenistan, copies of registration documents are also required. Applications will be accepted during office hours till November 11, 2025. trend.az »
As of September 2025, transactions with American Express cards issued by resident financial organizations in Azerbaijan totaled 6,600 transactions worth 1.1 million manat. trend.az »
Applicants are required to provide detailed technical specifications, prices in Tajik somoni, and all necessary company information. trend.az »
Iran’s daily gas supply to the national network has increased by roughly 7 million cubic meters, supporting industrial plants and Thermal Power Stations while winter consumption rises. trend.az »
Sealed offers certified with a mastic seal must be submitted to the Turkmennebit headquarters in Ashgabat and will be considered once payment confirmation is received. trend.az »
Azerbaijan’s banking sector saw its credit portfolio grow by around 600 million manat, reaching approximately 29.3 billion manat, with business loans making up more than half of the total. trend.az »
Exports from Iran’s Qom Province totaled $115 million and 100,000 tons during the first seven months of 2025. In the seventh month alone, 16,700 tons worth $17.6 million were exported. trend.az »
Iran exported around 92 million tons of non-oil goods worth $32 billion in the first seven months of the current Iranian year. Compared to last year, exports decreased by 1. 88 percent in value but rose by 3. trend.az »
After robust growth in 2024, Asia’s natural gas demand slowed in 2025 amid weaker economic activity, high LNG prices, and mild weather, according to the International Energy Agency’s latest outlook. trend.az »
Fitch Ratings has withdrawn its long-term rating for Uzbekistan’s Uzkimyosanoat (UKS) due to insufficient information, citing uncertainty over the company’s ownership structure, business strategy, and financial profile trend.az »
Kazakhstan plans to announce a tender for the construction of a 700 MW thermal power plant in Kurchatov. trend.az »
The procurement is being carried out by the State Service for Maritime and River Transport of Turkmenistan as part of the country’s broader efforts to strengthen its maritime infrastructure and transport capacity. trend.az »
Azerbaijan’s Restoration, Construction, and Management Service for the Aghdam, Fuzuli, and Khojavand districts has launched a tender for demolition works in residential district No. 3 of Fuzuli city. trend.az »
The Capital Construction and Supply LLC, under Azerbaijan's Ministry of Culture, has announced a tender for the ministry's server, network infrastructure, and cybersecurity solutions. trend.az »
In the first nine months of 2025, Azerbaijan imported 33,300 tons of meat worth $75.8 million. trend.az »
Azerbaijan’s State Housing Development Agency (MIDA) has opened a tender for technical support services for its mida.gov.az website. trend.az »
A tender has been announced for the construction and installation works at the Aghdam Friday Mosque. trend.az »
The Central Bank of Azerbaijan has announced a tender for upgrading its Electronic Document Management System. trend.az »
The European Bank for Reconstruction and Development will extend a sovereign loan to support a project aimed at modernizing the water supply, sewerage, and stormwater management systems in Sheki city. trend.az »
From January through September 2025, Azerbaijan imported $28.9 million worth of humanitarian aid and gifts. This is $31.9 million, or 2.1 times less than last year. Exports of similar goods totaled $3.2 million, down 11.6 percent from the previous year. trend.az »
Azerbaijan’s Ministry of Economy forecasts average annual inflation of around 5 percent for 2025 and 5 percent for 2026. trend.az »
The European Bank for Reconstruction and Development (EBRD) is providing a ˆ25 million loan to Tegeta Motors to build a new truck and heavy machinery service center in Tbilisi, part of a ˆ32 million project trend.az »
Azerbaijan has projected local revenues of 760 million manat and expenditures of 760 million manat for the next fiscal year, focusing on environmental protection, housing, and communal services. trend.az »
A total of 8. 7 billion manat ($5. 14 billion) will be allocated from Azerbaijan’s 2026 state budget for defense and national security, marking an increase of 318. 5 million manat ($188 million), or 3. trend.az »
Azerbaijan plans to spend 2.46 billion manat on public debt servicing in 2026, which is 60 million manat more than in 2025. trend.az »
Azerbaijan’s draft state budget allocates around 14.1 billion manat for major expenditures next year, including the reconstruction of the Heydar Aliyev Oil Refinery (HAOR). trend.az »
Azerbaijan plans to allocate nearly two billion manats from the 2026 state budget for agriculture, housing, and environmental protection. trend.az »
Azerbaijan plans to allocate about 50 million manat to the DOST Agency next year to support the delivery of social services. trend.az »
Global natural gas production is set to grow steadily in 2025, driven primarily by strong output from North America, according to the latest outlook from the Gas Exporting Countries Forum (GECF). trend.az »
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. trend.az »
Kazakhstan plans to launch nearly 200 industrial projects this year, aiming to boost job creation and sustain economic growth amid rising concerns over inflation. trend.az »
Kazakhstan’s 2026 budget prioritizes social support and fiscal stability, with increased revenues driven by economic reforms and enhanced tax administration under the new Tax Code. trend.az »
Croatia’s average monthly net earnings reached 1,446 euros in August 2025, marking modest growth from the previous month and notable increases compared to last year. The data also highlights sectoral differences, with air transport topping the pay scale and the manufacture of wearing apparel at the lower end. trend.az »
