Month: January 2026

During the reporting period, loans denominated in the national currency accounted for the overwhelming majority of new lending. New manat-denominated loans totaled 2.428 billion manats, highlighting the continued dominance of the local currency in the country’s credit market.

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Turkmenistan has legalized cryptocurrency mining and trading, Azernews reports, citing foreign media.

The Asian Development Bank’s latest forecasts for Azerbaijan’s e-commerce market indicate that a quiet yet profound transformation is underway in the country’s economy. According to the Bank’s calculations, e-commerce revenues in Azerbaijan are expected to rise from $ 1.762 billion in 2022 to…

In the midst of the global race for AI dominance, Chinese tech companies are offering record-breaking salaries to attract top talent. According to sources, ByteDance (owner of TikTok) and Tencent have significantly increased their budgets for salaries and bonuses to secure leading AI experts, Azernews reports.

Enterprise Software While tech giants such as Microsoft, Oracle and IBM still account for the lion’s share of enterprise software revenues, the cloud is having a major impact on how the industry …