Human rights NGO calls for suspension of loans, accusing institutions of turning blind eye to continued use of practice under new president.
Reformist deputy prime minister was first sidelined then sacked, but as head of Uzbekinvest he is likely to remain the driving force in attracting foreign investment.
Favourite and main challenger are both entangled in allegations of flagrant corruption ahead of June 26 presidential vote.
Despite threat of renewed US sanctions hanging over Tehran, French major set to invest in developing giant Persian Gulf gas resource.
The national railways company is seeking a financial adviser on financing and refinancing amid growing anxiety over outstanding debt in Azerbaijan.
Slow condolences from Washington as 13 killed and 42 wounded in what appears to be Islamic State’s first attack inside the Islamic Republic.
Attacks in Tehran have served to unify the population – liberal and conservative – after a divisive presidential election campaign, but are likely to unnerve investors.
Despite strong similarities with its Azeri peer, allowing KKB to enter debt restructuring is not an option for the Kazakh authorities given the country's history of bank failures.
Twin terrorist incidents shock Tehran, with Sunni Islamic State claiming first ever attack inside Shiite Iran.
Downfall of once-powerful economic chief Azimov reported as new Uzbek president consolidates power.
The Iranians have given their president the benefit of the doubt, but the challenges that lie in the way of delivering on his promises remain immense.
Astana bourse targets major privatisation listings as it seeks to make far bigger impact than Almaty equity market.
Two sides have found no momentum in talks over Nagorno-Karabakh breakaway region, warns International Crisis Group.
Case of journalist Afghan Mukhtarli, who was investigating business interests of Azerbaijan's President Aliyev, raises questions over Tbilisi's commitment to human rights.
With Baku struggling to deal with the IBA default, officials apply extraordinary measures to Unibank, AtaBank, DemirBank and two unknown others.
Investment by the development bank would give a vote of confidence to Demirbank as the Azerbaijani banking sector is rocked by IBA default.
Donald Trump was determined to paint Iran as the bogeyman of the Middle East during his visit to Saudi Arabia and Israel.
Astana plays a delicate game of oil politics as production at giant Kashagan field ramps up