IFC to advise Alat Free Economic Zone tenants
As Azerbaijan focuses on a competitive and sustainable economy to drive growth, the Alat Free Economic Zone (AFEZ) will be a unique export-led industrial zone, designed to attract and grow value-added and manufacturing activity, Rana Karadsheh, Regiona…
Azerbaijan discloses data on volume of trade turnover with Turkmenistan
The trade turnover between Azerbaijan and Turkmenistan from January through February 2023 increased 3.6 times compared to the same period last year ($29.1 million), to $105.1 million, Trend reports citing the statistics data of Azerbaijan’s Customs Co…
Iranian currency rates for March 18
The Central Bank of Iran (CBI) announced an official rate of foreign currencies on March 18, Trend reports referring to CBI.According to the currency exchange rate of the Central Bank of Iran, 24 currencies increased and 12 have decreased in price, com…
Iranian currency rates for March 16
The Central Bank of Iran (CBI) announced an official rate of foreign currencies on March 16, Trend reports referring to CBI.According to the currency exchange rate of the Central Bank of Iran, 10 currencies increased and 28 have decreased in price, com…
Azerbaijani oil prices sharply decline
The price of Azeri LT CIF Augusta totaled $74.42 per barrel on March 15, decreasing by $6.99 compared to the previous price, Trend reports referring to the source from the country’s oil and gas market.The price of Azeri LT FOB Ceyhan amounted to $72.59…
Iran, Iraq set to increase trade next year: Minister
Iran’s Minister of Industry Ehsan Khandouzi on Wednesday referred to a 20 percent growth in the 11-month trade between Iran and Iraq while expressing hope that transactions between the two neighboring countries will further increase next year, Trend re…
Iranian currency rates for March 15
The Central Bank of Iran (CBI) announced an official rate of foreign currencies on March 15, Trend reports referring to CBI.According to the currency exchange rate of the Central Bank of Iran, 11 currencies increased and 25 have decreased in price, com…