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Tag: Azerbaijan

Posted on January 26, 2024

Share of digital & non-cash payments in card transactions in Azerbaijan to increase

The weight of non-cash payments in card transactions in Azerbaijan is aimed at being increased from the current 55% to 70%, according to the Development Strategy of the Financial Sector in 2024-2026 …
Posted on January 24, 2024

Technology, water and peace: Azerbaijan’s vision for Cop29 revealed

Azerbaijan is replacing the UAE at the helm of global climate talks with goals to highlight pollution, water shortages and the costs of conflict and help poorer countries get their hands on clean …
Posted on January 24, 2024

BP kicks off ‘largest-ever’ seismic investment in Azerbaijan after Equinor exit

UK supermajor BP has advanced a plan to commit about $370 million in new investments to the first phase of a long-term exploration effort in Azerbaijan aimed at identifying additional resources and …
Posted on January 24, 2024

BP kicks off ‘largest-ever’ seismic investment in Azerbaijan after Equinor exit

UK supermajor BP has advanced a plan to commit about $370 million in new investments to the first phase of a long-term exploration effort in Azerbaijan aimed at identifying additional resources and …
Posted on January 22, 2024

Azerbaijan’s Fund allocates soft loan to stimulate local production

Meanwhile, the Entrepreneurship Development Fund of Azerbaijan provided 193.8 million manat ($113.8 million) in soft loans to finance 3,276 investment projects. The total cost of investment projects …
Posted on January 21, 2024

Kazakhstan to adopt single time zone starting march 1

BAKU, Azerbaijan, January 21. From March 1, 2024, Kazakhstan will switch to a single time zone, Trend reports. Now Kazakhstan will have a 5th time zone (UTC+5). As Interfax clarifies, taking into …
Posted on January 20, 2024

Pashinyan: Armenia, Azerbaijan seek mutual guarantees

Direct contacts between Armenia and Azerbaijan have somewhat intensified, Prime Minister Nikol Pashinyan said at a meeting of his Civil Contract party on Saturday, sharing details of the ongoing peace …
Posted on January 20, 2024

U.S. welcomes work towards peace between Armenia, Azerbaijan – State Dept

The Unites States welcome the work towards peace between Armenia and Azerbaijan, U.S. State Department spokesperson Matthew Miller has said. “We support the sovereignty and territorial integrity of …
Posted on January 20, 2024

U.S. welcomes work towards peace between Armenia, Azerbaijan – State Dept

The Unites States welcome the work towards peace between Armenia and Azerbaijan, U.S. State Department spokesperson Matthew Miller has said. “We support the sovereignty and territorial integrity of …
Posted on January 20, 2024

Zangezur Corridor Dispute Threatens Armenia-Azerbaijan Peace Talks

The peace process between Armenia and Azerbaijan faces challenges due to Azerbaijan’s renewed demand for a corridor through Armenia, leading to disagreements over border delimitation, transport links, …

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