SBFEA of Turkmenistan and First Abu Dabi Bank of the UAE have agreed to open a correspondent account in dirhams, according to the page of the UAE Embassy in Turkmenistan on Instagram.
The Central Bank of Uzbekistan has banned non-resident legal entities from using funds received from the sale of crypto assets in the domestic market, with the exception of operations on crypto exchanges. This is stated in the decision of the Central Bank, published on Monday.
Kyrgyzstan is working on an additional route in the direction of Kyrgyzstan – Uzbekistan – Turkmenistan – Russia to optimize routes and develop trade. This is reported by the portal Rhythm of Eurasia with reference to the Ministry of Economy and the Ministry of Transport and Communications of the republic.
On Monday, February 13, 8 deals worth a total of $94.1 million were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
The exchange of experience on the construction of high-speed railway lines and highways was discussed during the meeting of the Ambassador of Turkmenistan to Italy Toyli Komekov with the diplomatic adviser to the Minister of Infrastructure and Transport of Italy Giovanni Donato. This is reported in the press release of the Turkmen diplomatic mission.
At the end of 2022, Russia reduced gas production to 673.8 billion cubic meters, export - by 25.1%, up to 184.4 billion cubic meters. This was announced in an article for the Energy Policy magazine by Deputy Prime Minister Alexander Novak, TASS reports.
Large oil and gas companies of the UAE will actively participate in the development of the next stages of the Galkynysh supergiant field in Turkmenistan.
On Saturday, February 11, 4 deals totaling $1.3 million and 13.2 million Turkmen manats were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
Oil shipments at the Turkish Ceyhan terminal that stopped after the earthquake in Kahramanmarash, resumed on Sunday after the damage was repaired.
On Thursday, February 9, 10 deals totaling $24 million and 12.6 million Turkmen manats were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
The American rating agency Fitch Ratings has changed the outlook on the long-term issuer default rating (IDR) of Turkmenistan in foreign currency from "Stable" to "Positive" and confirmed the issuer default rating (IDR) at the level of "B+".
Representatives of the Turkish Embassy in Turkmenistan visited the Artyk customs point located on the Turkmen-Iranian state border, the website of the State Customs Service of Turkmenistan reports.
Kazakhstan will build 5 trade and logistics hubs at once along the perimeter of its borders by 2025 to expand trade with neighboring states, reports ElDala.KZ.
The Gumdag field in western Turkmenistan in 2023 reached the highest levels in 75 years of its industrial development, the "Oil and Gas" newspaper writes. This became possible thanks to the use of advanced technologies in production.
According to the updated world rating of prices for motor fuel compiled by the GlobalPetrolPrices portal, Turkmenistan maintains the lowest price of gasoline in the Central Asia and CIS region.
