Shorouk Express Economy Materials 13 July 2025 21:01 (UTC +04:00) Government statistics show a surge in tax revenues and VAT refunds in the first half of 2025, with over 65 million manat reimbursed to property buyers and total returns to citizens and businesses nearing 152 million manat. Meanwhile, inflation rose slightly, pensions increased,…
Shorouk Express BAKU, Azerbaijan, July 4. Loans granted by Iranian banks in the service sector grew by 39.2 percent in the first two months of the current Iranian year (from March 21 through May 21, 2025) compared to the same period last year (from March 20 through May 20, 2024). The data obtained by Trend…
Shorouk Express Economy Materials 27 June 2025 21:16 (UTC +04:00) As of mid-2025, Turkmenistan’s credit institutions have increased their authorized capital to over more than $2 billion, reflecting steady growth in the country’s banking sector and efforts to boost financial stability. Access to paid information is limited If You already have…
Shorouk Express Economy Materials 26 June 2025 03:26 (UTC +04:00) Bank profits have declined by over seventeen percent in the first five months of the year, totaling approximately 430 million manat. Despite this, profit tax payments rose slightly to around 110 million manat compared to the previous year. Access to paid information…
Shorouk Express BISHKEK, Kyrgyzstan, May 23. The net financial result of enterprises in Kyrgyzstan’s financial sector amounted to 8.750 billion soms ($100 million) in the first quarter of 2025, Trend reports via the State Statistical Committee of Kyrgyzstan. A total of 549 financial enterprises operated in the country during this period, with 770 branches across…
Shorouk Express DUSHANBE, Tajikistan, April 21. Tajikistan’s Minister of Transport, Azim Ibrohim, met with a World Bank mission led by Winnie Wang, Lead Infrastructure Specialist and Program Lead for the Central Asia region at the World Bank Group, to discuss ongoing and future cooperation in the transport sector, Trend reports via the Tajik Ministry of…
Shorouk Express BAKU, Azerbaijan, March 25. A whopping 899.3 million manat ($529.1 million) of investment in fixed capital in the field of industry was directed in Azerbaijan in the period from January through February of 2025. The data obtained by Trend from the country’s State Statistics Committee shows that this figure is 103.5 million manat…
Shorouk Express Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government’s plans. The European mining heavyweight has 2,600 mines generating €3.5 billion ($3.8 billion) in annual revenue and is the second-largest EU producer of copper and magnesite,…
Shorouk Express BAKU, Azerbaijan, March 6. The European Investment Bank (EIB) and Spanish bank CBNK have launched a 150 million euro initiative to support women entrepreneurs in Spain’s pharmacy sector, Trend reports. Signed during the EIB Group Forum in Luxembourg, this is the EIB’s first intermediated loan within the EU exclusively targeting women-led businesses. The…
Shorouk Express The government is keen to ensure that Generali, which last month agreed to combine its asset management business with that of France-based Natixis, keeps its appetite for Italian sovereign debt at a time when Rome needs to borrow nearly €1 billion a day. The Trieste-based conglomerate is the government’s largest private-sector creditor. Rome…
