Masato Kanda officially took office as the 11th President of the Asian Development Bank (ADB) on February 24.

Less than a month remains until the inaugural International Forum for Attracting Investment to the Private Sector, "Investment in the Future of Turkmenistan" (IFT 2025), which will be held on March 18th of this year in Ashgabat.

Electricity demand in Eurasia increased by 4% in 2024, driven by population growth and economic development. The International Energy Agency (IEA) forecasts that, excluding Kazakhstan and Russia, electricity demand in Eurasian markets will continue to grow at an average annual rate of 3.7% between 2025 and 2027

The implementation of the Concept for the Development of the Digital Economy in Turkmenistan for 2019–2025, the State Program for the Development of the Digital Economy of Turkmenistan for 2021–2025, and the Action Plan for its implementation are in the final stages. In this regard, a proposal was made at a government meeting on February 21 to prepare drafts of new documents with a view to the near future

During the past week, 27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.

The United Arab Emirates and the Eurasian Economic Union plan to sign an agreement in the coming months providing for the creation of a free trade zone. The decision to begin negotiations on a free trade zone with the UAE was made by the Supreme Eurasian Economic Council in December 2022, and several rounds of negotiations have taken place since then

An interdepartmental meeting aimed at optimizing customs processes and stimulating foreign trade was held at the central office of the State Customs Service of Turkmenistan on Saturday, February 22

NEXT Energy Technologies, a pioneer in organic photovoltaic (OPV) technology, has completed the upgrade of its pilot production line to produce laminated transparent energy-generating windows using its unique NEXT OPV coating and manufacturing process. At 40” x 60” these units are the largest transparent OPV windows produced anywhere in the world, according to the company’s website

To date, more than 100 delegates representing 21 countries have confirmed their participation in the IFT 2025 forum

The China National Petroleum Corporation (CNPC) has completed drilling the deepest vertical well in Asia, reaching a depth of 10,910 meters. This was reported by Xinhua News Agency.