Shorouk Express BAKU, Azerbaijan, December 15. The first nine months of 2025 were favorable for Azerbaijan’s economy, and over this period, the current account balance (CAB) showed a surplus of $3 billion, which is 5.4 percent of gross domestic product (GDP), the Director of the Statistics Department of the Central Bank of Azerbaijan (CBA), Samir…
Shorouk Express ASTANA, Kazakhstan, December 3. Kazakhstan’s economy is expected to expand 6.-6.5% in 2025, the National Bank of Kazakhstan said, Trend reports. As such, the NBK revised its earlier projection higher due to faster-than-expected oil production and a recent pickup in investment and consumer demand, partly ahead of the planned 2026 VAT reform. For…
Shorouk Express On 19 November, PwC Azerbaijan celebrated three decades of collaboration and progress in Azerbaijan, joined by our valued partners, contacts, and friends. Since our establishment in 1995, we’ve fostered enduring relationships with the Azerbaijani government and business community, building a foundation of trust and shared success. The anniversary gala paid tribute to our…
Shorouk Express Spain’s leftist government on Tuesday approved an increase of its 2025 growth forecast from 2.7 to 2.9 percent, more than double the average expected in the eurozone. The European Union’s fourth-largest economy has outperformed its peers since 2021, driven by tourism, low energy prices, domestic consumption and foreign investment. Economy Minister Carlos Cuerpo…
Shorouk Express TASHKENT, Uzbekistan, November 5. Uzbekistan reported record financial results, with net profit reaching 12.8 billion soums ($980,000) over the first nine months of 2025, 7.3 times higher than the same period last year. The data obtained by Trend from the Stock Exchange (UZSE) indicates that in the third quarter, the exchange earned 1.6…
Shorouk Express BISHKEK, Kyrgyzstan, October 26. The International Monetary Fund (IMF) has raised its 2025 GDP growth forecast for Kyrgyzstan to 8 percent, up from 6.8 percent projected in April, reflecting the country’s strong economic performance amid global uncertainty, Trend reports. According to the IMF’s latest outlook, Kyrgyzstan’s economy is expected to moderate to 5.3…
Shorouk Express TASHKENT, Uzbekistan, October 24. Over the past seven years, trade turnover between Uzbekistan and the European Union has doubled, while the number of joint ventures with European capital has surpassed 1,000, Trend reports, citing the Uzbek president’s office. This was announced during President of Uzbekistan Shavkat Mirziyoyev’s official visit to Belgium, where he…
Shorouk Express Economy Materials 19 October 2025 08:45 (UTC +04:00) Photo: Statistical Office of Slovenia In August 2025, Slovenia recorded steady growth in transport and mobility indicators, with increases in vehicle registrations, air and sea traffic, and cross-border movement. Despite declines in rail freight, road and maritime transport showed notable gains, reflecting the…
Shorouk Express Economy Materials 13 October 2025 23:03 (UTC +04:00) Global oil demand is projected to increase by around 1.3 million barrels per day (mb/d) in 2025, according to OPEC’s latest assessment. Access to paid information is limited If You already have a account, please log in Subscription to…
Shorouk Express Economy Materials 6 October 2025 21:53 (UTC +04:00) Photo: State Tax Service under the Ministry of Economy of the Republic of Azerbaijan As of October 1, 2025, the number of active taxpayers in Nakhchivan reached 21,969, up by 6.9% from 20,552 a year earlier. Active VAT payers rose by 12.8%, from…
