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Posted on May 30, 2025

‘Agentic AI’ takes over credit sanctions role as UAE banks make major strides in digital banking

The digitalisation drive is leading to the emergence of major partnerships between banks and fintechs in the region ...

Posted on May 30, 2025

Finance Minister: No Major Budget Allocations Planned For Unpredictable Emergencies

Nazrin Abdul Read more The Ministry of Finance does not plan to allocate large amounts from the state budget for unpredictable events.

Posted on May 30, 2025

UAE and Azerbaijan foster financial ties

The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.

Posted on May 30, 2025

Central Bank of UAE, Azerbaijan counterpart sign deal to strengthen cooperation

Under the MoU, the two parties will exchange information on best supervisory, regulatory practices, licencing processes pertaining to banking and insurance businesses, and services related to payments ...

Posted on May 30, 2025

Azerbaijan, Kazakhstan discuss oversight of financial markets [PHOTOS]

The Central Bank of Azerbaijan (CBA) has announced that discussions on financial market regulation and oversight have taken place between Azerbaijan and Kazakhstan, Azernews reports.

Posted on May 30, 2025

Foreign Ministers of Azerbaijan and Qatar hold talks on strategic and regional issues

On May 29, 2025, the Minister of Foreign Affairs of the Republic of Azerbaijan, Jeyhun Bayramov, met with the Minister of State for Foreign Affairs of the State of Qatar, Mohammed bin Abdulaziz bin ...

Posted on May 30, 2025

Azerbaijan touts $20bn investments and green energy pact as Turkic bloc eyes deeper economic ties

By Cavid Aga in Ankara Azerbaijan’s President Ilham Aliyev used the informal summit of the Organisation of Turkic States (OTS) in Budapest to showcase his country’s growing regional economic influence ...

Posted on May 30, 2025

Azerbaijan to allocate fund for disease treatment

This year, 303.4 million manats (approx. $178.5 million) will be allocated from the state budget of Azerbaijan for the treatment of various diseases, Azernews reports, citing the Ministry of Finance.

Posted on May 30, 2025

Azerbaijan’s Accounts Chamber highlights risks from acute deficit and financial mismanagement

BAKU, Azerbaijan, May 27. The average rate of return on issued government bonds showed the highest rates of profitability in recent years in 2024, the review of the draft law on "the execution of the ...

Posted on May 30, 2025

PM Shehbaz rejects conflict, urges dialogue at trilateral summit with Turkiye, Azerbaijan

Prime Minister Shehbaz Sharif joined the presidents of Turkiye and Azerbaijan at a high-level trilateral summit in Lachin, Azerbaijan, on May 28, 2025. With him were Finance Minister Ishaq Dar and ...

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