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August 2024

President of Turkmenistan arrives in Kazakhstan

ASHGABAT: President of Turkmenistan Serdar Berdimuhamedov has arrived in Astana to participate in the VI Consultative Meeting of Central Asian Heads of State, Trend reports via the Kazakh prime minister’s press service.

The Turkmen president was welc…

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Fitch shares forecasts for SOCAR’s production

BAKU: Azerbaijani state oil company SOCAR’s production will grow by 0.5 percent annually in 2023-2025, Trend reports via Fitch Ratings.

Fitch analysts recall that SOCAR’s oil and gas output remained broadly stable in 2023 at 286,000 barrels of oil eq…

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Fitch upgrades Azerbaijan’s SOCAR to ‘BBB-‘

BAKU: Fitch Ratings has upgraded State Oil Company of the Azerbaijan Republic’s (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to ‘BBB-‘ from ‘BB+’, Trend reports with reference to Fitch.

The Outlook on the Long-Term IDR is…

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Kyrgyzstan’s passenger car imports from Georgia surge

BISHKEK: Kyrgyzstan’s import of passenger cars from Georgia increased threefold in the first five months of 2024, Trend reports.

Data from Kyrgyzstan’s statistical committee shows that the country imported 1,628 passenger cars from Georgia during thi…

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No survivors in Brazil plane crash

BAKU: Everyone on board the plane that crashed in the Brazilian state of Sao Paulo died, the mayor’s office of the city of Valinhos said, Trend reports.

Footage from the crash site published by local media shows that the plane crashed near a resident…

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