Iran's Hormozgan Steel Company heats revenue with record output in 6M2025
Iran’s Hormozgan Steel Company reported a nearly 50% increase in revenue in the first half of the year, reaching around 40 trillion rials (about $70 million). trend.az »
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Kazakhstan’s railways gain steam with rising cargo and passenger traffic
Kazakhstan’s rail sector saw notable cargo growth from January through September 2025, even as passenger rail traffic declined, reflecting shifting dynamics in the country's broader transport landscape. trend.az »
2025-10-16 01:22
Iran spreading its wings in trade with Iraq via Shalamcheh and Khorramshahr customs points
In the first half of the current Iranian year, Iran exported over $570 million worth of goods to Iraq through the Shalamcheh customs point, with cement and construction materials among the main items. trend.az »
2025-10-14 17:32
Asian Dev't Bank ñalls shots with tender for Baku metro’s green makeover
The Asian Development Bank has announced the start of the selection process for consultants to implement a project to decarbonize the Baku Metro, aimed at improving energy efficiency and developing sustainable urban transport in Azerbaijan. trend.az »
2025-10-13 09:03
KazMunayGas digs into new prospects with fresh drilling in Mangistau
KazMunayGas (KMG) has commenced drilling its first exploration well at the Ozen North block in Kazakhstan's Mangistau region. The project follows a complex licensing agreement secured in June 2025, with plans to drill two wells trend.az »
2025-10-13 08:53
Mastercard pushes envelope with innovative fintech initiatives in Uzbekistan (Exclusive)
Mastercard has unveiled a series of new fintech initiatives in Uzbekistan, including the launch of the country’s first virtual BNPL card — ZOOD Card. In an exclusive interview with Trend, Denis Filippov, General Manager of Mastercard, shares insights on the company’s latest digital solutions, partnerships, and plans to enhance cross-border payments and financial inclusion across the region. trend.az »
2025-10-12 13:00
Iran’s saffron industry shines with export boost in 6M2025
Iran’s saffron exports declined to about 210 tons worth nearly $190 million in the last Iranian year, marking drops in both value and volume compared to the previous year. trend.az »
2025-10-12 11:22
Iranian Chabahar port hits new heights with cargo handling
Cargo loading and unloading at Chabahar port in southeastern Iran increased by 53. 5% in the first half of the current Iranian year compared to last year. Container loading grew by 75% year-on-year during the same period. trend.az »
2025-10-9 22:57
Iran defies sanctions with rising oil production over past year
Iran has increased its crude oil production by over 120,000 barrels per day in the past year, despite sanctions and economic pressures. trend.az »
2025-10-8 09:15
Kyrgyz High-Tech Park keen to bridge IT firms with Kazakh markets (Exclusive)
Kyrgyzstan’s High-Tech Park aims to connect IT companies with Kazakhstan’s market. Kazakhstan is viewed as a key regional partner. trend.az »
2025-10-5 09:20
EBRD backs Serbia’s agribusiness sector with sustainability-linked loan
The European Bank for Reconstruction and Development (EBRD) has signed a 40 million euros sustainability-linked loan with MK Group, marking a milestone in their nearly 20-year partnership. The deal will support MK Group’s expansion into ethanol production, its winery business in Serbia, and decarbonisation efforts, while promoting environmental and digital improvements. trend.az »
2025-10-3 08:42
Uzbekistan's trade boom comes with debt tag
Uzbekistan’s economy showed strong financial momentum in the first half of 2025, with rising external debt, trade growth, and foreign investment inflows. Key indicators, including exports, imports, and international remittances, reflect a strengthening international position and growing investor confidence in the country trend.az »
2025-10-3 22:59
Uzbekistan faces double whammy with soaring gasoline and transport costs
Uzbekistan has seen a steady rise in gasoline and transport-related costs this year, with fuel prices climbing notably in September, while propane and methane showed contrasting trend trend.az »
2025-10-2 14:30
Tajikistan sees uptick in trade turnover with Russia
Tajikistan’s trade with Russia grew in January–August 2025, with Moscow remaining one of the country’s top import partners, while overall foreign trade turnover also expanded year-on-year. trend.az »
2025-9-29 17:07
Tajikistan records trade surplus with Netherlands amid deficits with regional partners
Tajikistan's 8M2025 trade data reveals a widening deficit with major CIS partners despite strong export growth to the Netherlands and other non-CIS countries, highlighting a deepening imbalance in regional trade dynamics. trend.az »
2025-9-29 14:17
Kazakhstan powers up local content in subsoil procurement with long-term deals
Kazakhstan’s Ministry of Energy is boosting local content in subsoil user procurements through long-term contracts with domestic manufacturers. Since mid-2024, contracts worth billions of tenge have been signed, increasing private sector involvement. trend.az »
2025-9-29 12:20
Turkmenhimiya makes splash with multimillion-dollar pipe deals on exchange floor
All lots were offered on prepayment terms with EXW delivery directly from the Turkmenturba factory, highlighting Turkmenistan’s role as a supplier of building materials for international markets. trend.az »
2025-9-26 18:09
Kazakhstan’s Baiterek checking out fresh investment shots with Cypriot business leader
A meeting took place between Timur Onzhanov of Baiterek National Managing Holding and the Cypriot Successful Business Leaders’ Club delegation to discuss enhancing bilateral cooperation. Key topics included attracting investments to Kazakhstan, collaboration in corporate law, fund management, tax planning, ESG, and joint innovation projects. trend.az »
2025-9-24 17:08
Turkmengas gets ball rolling with tender for material and technical assets
The tender includes supplies of pipes and metal products, technological and general plant equipment, as well as electrical equipment. trend.az »
2025-9-24 02:09
Kazakhstan boosts agriculture with sweeping support measures
Kazakhstan has allocated over 700 billion tenge (approx. $1. 26 billion) to support its agricultural sector, including discounted diesel for farmers and funding for grain drying and equipment leasing. trend.az »
2025-9-23 09:08
Kazakhstan’s Almaty and South Korea elevate ties with industry, education deals
Akim of Almaty, Darkhan Satybaldy, met with the Governor of South Korea’s Gyeongsangnam-do Province, Park Wan-soo, to sign three key memorandums on cooperation in education, high-tech industries, and elevator manufacturing. trend.az »
2025-9-22 16:03
Kazakhstan rolls dice on AI in manufacturing with new pilot project
Kazakhstan has launched AI-driven initiatives in the manufacturing sector, following President Tokayev’s directive. A pilot project at the Aksu Ferroalloy Plant (part of ERG - Eurasian Resources Group) integrates AI into furnace management, using Big Data to enhance productivity, energy efficiency, and reduce downtime. trend.az »
2025-9-22 15:42
Turkmenistan's Exchange expands with engineering and automotive product trading
All lots were offered under prepayment terms, with delivery conditions set as EXW Ashgabat city for vehicles and FCA Anew city for cables. Automotive products were imported from Germany, while the insulated cables were of Turkmen origin. Prices were denominated in US dollars. trend.az »
2025-9-19 23:13
Uzbekistan boosts energy efficiency with new gas-engine power plant
Uzbekistan’s Yunusabad district is set to get a modern 100 MW gas-engine power plant, now in its final construction phase. The plant will significantly boost electricity and heating supply while saving millions of cubic meters of natural gas annually. trend.az »
2025-9-18 14:25
Albania advances in EU accession negotiations with green agenda cluster
The EU has officially opened negotiations with Albania on Cluster 4, covering the green agenda and sustainable connectivity. This step marks another milestone in Albania’s ongoing path toward European integration. trend.az »
2025-9-18 08:31
Turkmen oil refineries set pace with target surpass in 2025
The complex reported strong results in the processing of hydrocarbons and the production of various petroleum products. trend.az »
2025-9-18 08:27
Turkmenistan’s energy and chemicals dominate commodity with robust demand
On the domestic market, local businessmen signed a contract with the Turkmennebit State Concern for the supply of viscous petroleum road bitumen. trend.az »
2025-9-18 22:07
Uzbekistan flips switch on next-gen hydropower with Naryn cascade
Uzbekistan has launched the first stage of the Naryn hydropower cascade — the country’s first fully national HPP built with domestic materials and technology. The project, designed to supply electricity to hundreds of thousands of households and save millions in energy costs, marks a milestone in Uzbekistan’s green economy drive. trend.az »
2025-9-17 08:57
Azerbaijan’s rail freight activity with foreign partners slows in 8M2025
Azerbaijan’s international railway freight experienced a slight decline in both value and volume during January to August, with total shipments worth over 2 billion dollars and nearly 5 million tons. trend.az »
2025-9-17 05:14
Turkmenistan’s financial landscape transforms with increasing bank card prevalence
The prevalence of bank cards across Turkmenistan continues to expand, with recent regional statistics underscoring widespread national adoption and further progress in financial accessibility. trend.az »
2025-9-16 18:53
Azerbaijan sheds light on top trading partners in Central Asia for 8M2025
Kazakhstan led trade with Azerbaijan from January to August 2025, with turnover exceeding $547 million, up $375. 6 million. Imports from Kazakhstan to Azerbaijan reached $481. 6 million during this period. trend.az »
2025-9-16 17:54
Croatia sees moderate inflation with prices rising across key sectors
Croatia saw moderate inflation in August 2025, with consumer prices rising 4. 1 percent compared to the same month last year. Prices increased across key sectors, including housing, food, and restaurants, while transport and clothing saw slight declines. trend.az »
2025-9-16 08:16
Azerbaijan’s energy landscape brightens with hydro and thermal surge
From January through August 2025, hydropower plants (HPPs) in Azerbaijan produced 2.26 billion kWh of electricity, reflecting a 6.6 percent increase compared to the same period last year. Besides, thermal power plants (TPPs) generated around 15 billion kWh, showing a modest year-on-year increase of 0.4 percent. trend.az »
2025-9-15 20:09
Serbia inflation set to slow further with government measures
Serbia’s inflation eased in August, with year-on-year growth slowing to 4.7 percent, driven by lower energy prices and a moderation in core costs. Monthly price increases remained modest, signaling a gradual cooling of inflationary pressures in the economy. trend.az »
2025-9-15 17:51
Iran’s trade with EAEU shows promising growth trajectory
Iran’s trade turnover with the Eurasian Economic Union (EAEU) has grown by about 20%, driven by the implementation of a free trade agreement this year. Officials project the deal could push trade volumes to nearly $20 billion within the next few years. trend.az »
2025-9-15 17:11
IEA reports mixed OECD refining with U.S. and Canada near peak
OECD crude throughputs fell by 70,000 barrels per day (kb/d) in July to 36.8 million barrels per day (mb/d), said the International Energy Agency (IEA), driven by weaker U.S. and European runs that outpaced gains in Asia and Oceania. trend.az »
2025-9-14 16:25
Uzbekistan reveals trade turnover with Turkmenistan
Uzbekistan’s trade with Turkmenistan has reached $586.6 million in the first seven months of 2025, driven largely by imports of energy resources, chemicals, and raw materials. While trade declined compared to 2024, it showed significant growth from 2023, reflecting the country’s expanding global economic ties and growing foreign trade turnover. trend.az »
2025-9-13 10:36
Kazakh agro-industrial complex draws capital investments with record figures in 7M2025
Kazakhstan’s agro-industrial sector is experiencing strong growth, with significant increases in investments and production in both agriculture and food processing. This positive momentum is contributing to improved food security and greater export potential for the country. trend.az »
2025-9-13 09:47
WB set to provide Kyrgyzstan with new programmatic loan package
The World Bank will provide Kyrgyzstan with programmatic financing. The loan will support economic reforms and strengthen the resilience of the national economy. trend.az »
2025-9-12 16:49
Uzbekistan experiencing impressive growth in trade with Afghanistan
Uzbekistan’s trade with Afghanistan has surged, driven largely by exports of food, energy, and industrial goods, reflecting the country’s growing role in regional commerce. Overall, Uzbekistan continues to expand its global trade footprint, maintaining economic ties with nearly 200 countries and recording strong growth across key partners such as China, Russia, and Kazakhstan. trend.az »
2025-9-12 16:38
Uzbekistan’s trade with Russia gains steam, opening doors to new markets
Uzbekistan’s trade with Russia continues to grow, with exports and imports both on the rise in the first seven months of 2025. The country’s overall foreign trade turnover shows strong year-on-year growth, reflecting expanding economic ties with key international partners. trend.az »
2025-9-12 16:24
EIA sees U.S. LNG capacity rising by 2026 with new projects
Liquefied natural gas (LNG) exports are set to remain the largest driver of demand growth for U.S.-produced natural gas in the coming years, according to the latest forecast from the U.S. Energy Information Administration (EIA). trend.az »
2025-9-11 05:30
Kazakhstan sees surge in trade turnover of agricultural products with Pakistan in 7M2025
The first joint working group meeting on agriculture between Kazakhstan and Pakistan took place in Pakistan, highlighting a 22% increase in agricultural trade to $19.4 million in the first seven months of 2025. trend.az »
2025-9-10 12:42
Bulgaria expands industrial capacity with Neona’s second project
A Bulgarian investor is expanding operations in Sofia-Bozhurishte Industrial Park with a new high-tech project, reinforcing the site’s role as a hub for advanced manufacturing. The investment will boost CNC and laser machine production while creating jobs and driving innovation in Bulgaria’s industrial sector. trend.az »
2025-9-9 17:51
Uzbekistan sets new milestone with record construction output in 7M2025
Construction of buildings and structures continues to drive Uzbekistanjects. trend.az »
2025-9-9 17:57
Azerbaijani Railways steams ahead with summer tourism boom
Azerbaijan Railways reported a significant rise in foreign passengers this summer, with nearly 11,000 tourists traveling by train. The boost highlights growing international interest in Azerbaijan’s rail tourism sector and its role in supporting the broader travel economy. trend.az »
2025-9-9 17:17
Kazakhstan boosts wheat exports with strong demand from Central Asia and China
Between September 2024 and July 2025, Kazakhstan significantly increased its exports of wheat, wheat flour, and feed flour compared to the previous year. The main buyers were Uzbekistan, China, Afghanistan, and Tajikistan, with most showing notable growth in purchases. trend.az »
2025-9-2 16:45
Azerbaijan reports uptick in trade turnover with US
Azerbaijan’s trade with the US grew overall, driven by rising imports, while non-oil exports lagged, reflecting broader trends of increasing foreign trade and a narrowing trade surplus. trend.az »
2025-8-24 22:17
Kazakhstan, Kyrgyzstan set to modernize border with digital queue system
Kazakhstan and Kyrgyzstan are launching an electronic queueing system at the “Aisha Bibi” and “Chon-Kapka” border crossings to streamline trade, reduce wait times, and enhance transparency. A memorandum signed during the Kazakh President’s visit to Kyrgyzstan outlines a pilot project aimed at integrating digital documentation and mutual data exchange. trend.az »
2025-8-23 18:17
EAEU steps up economic integration with new sectoral deals
Leaders of the Eurasian Economic Union met in Cholpon-Ata to sign a series of agreements shaping the bloc’s trade, transport, and healthcare markets. The meeting also marked a decade of the EAEU, highlighting strong economic growth, doubled mutual trade, and ambitious new integration plans. trend.az »