Georgia's goal is to make 2026 better than 2025, with high economic growth ensured alongside other achievements, Georgia's Minister of Economy and Sustainable Development Mariam Kvrivishvili said, outlining forecasts for the coming year.
A loan agreement was signed in Bishkek to finance the construction of the China-Kyrgyzstan-Uzbekistan railroad, the Kyrgyz government's press service said.
The U.S. Treasury has rejected an offer from the U.S. investment bank Xtellus Partners to buy foreign assets of Russian oil major Lukoil, Reuters reported, citing sources.
The International Monetary Fund (IMF) has approved credit support of over $175 million for Armenia, with disbursements scheduled over a three-year period.
The U.S. administration has opposed the European Union’s initiative to use frozen Russian assets to fund Ukraine via a reparations loan, Politico reported, citing senior European diplomats.
Azerbaijan and China have held discussions on expanding cooperation in the financial sector, Governor of the Central Bank of Azerbaijan Taleh Kazimov said.
According to the Eurasian Development Bank (EDB), Armenia's GDP increased by 6% this year, driven primarily by growth in the financial, IT, and construction sectors.
The Central Bank of Russia has reported substantial expansion in national foreign currency reserves, with total international reserves now reaching $734 billion.
Azerbaijani Finance Minister Sahil Babayev said that nearly $13 billion will be earmarked for the reconstruction of the territories reclaimed from occupation as part of the Great Return program by the end of 2025.
The IX International Banking Forum is being held in Baku today. The event runs under the motto “Reliable, Secure, and Sustainable Banking.”
Belgian depository Euroclear has begun unfreezing Russian investors’ assets without obtaining a license from the Office of Foreign Assets Control (OFAC), RBC news agency reported quoting a large broker that deals with the unfreezing of such assets.
The Asian Development Bank (ADB) approved a $233.2-million loan to help expand access to reliable, safe water supply services in rural areas of Georgia.
The United Nations will cut a quarter of peacekeepers in nine operations around the world in the coming months due to a lack of money, senior U.N. officials said.
The United States will phase out some security assistance for European countries near the border with Russia, sources said.
The White House is reportedly considering a plan to pay Palestinians $5,000 to relocate for 10 years while the Gaza Strip is transformed into the “Riviera of the Middle East” envisioned by U.S. President Donald Trump.
Members of a committee of the Iranian parliament have voted in favor of a motion to reform the country’s national currency by removing four zeros from it and restoring an old currency subdivision named qiran.
The Russian ruble has become the world's top-performing currency in the first half of the year, according to an analysis of global trading data. It surged nearly 45% against the U.S. dollar.
Oil prices hit their lowest in two weeks today as a freshly announced Iran-Israel ceasefire began to allay investor concerns over supply and shipping disruptions in the oil-rich Middle East.
The Baku branch of Iran’s Melli Bank (National Bank) has fully resumed its operations after a period of inactivity in Azerbaijan. The branch has restarted issuing loans and accepting deposits, marking a full return to regular …
Türkiye has raised its key rate again, breaking a series of consecutive rate cuts over the past three meetings of the country's Central Bank.
