It’s worth noting that Azerbaijan has ka relatively strong economy with the nation’s fiat currency, the Manat (AZN), maintaining a strong/steady 1.7 Manat to 1 US dollar exchange rate. In …
Azerbaijan divulges property insurance collections and payments in …
In the first quarter of 2025, Azerbaijan’s insurance companies collected 399.1 million manat ($234.7 million) in premiums, marking a 7 percent increase from the previous year. Property insurance …
Iran Warns US About ‘Trump Bridge’ Plan
Newsweek has contacted the U.S. State Department for comment. Dubbed the “Trump Bridge” and the “Trump Route for International Peace and Prosperity,” the corridor would link Azerbaijan with its …
Blockchain and crypto set to reshape Azerbaijan’s financial landscape [COMMENTARY]
Azerbaijan is gradually embracing the digital currency revolution, with the Central Bank’s recent completion of the first phase of its special regulatory regime marking a significant step forward.
President Ilham Aliyev approves several agreements signed between Azerbaijan and Uzbekistan – decree
Four agreements signed between Azerbaijan and Uzbekistan have been approved, Azernews reports. President of Azerbaijan Ilham Aliyev has signed the relevant decree. According to the decree, the …
Azerbaijan backs Ukraine with financial aid after Russian strikes on SOCAR oil depot
Azerbaijan has allocated $2 million in humanitarian aid to Ukraine following Russia’s deliberate strikes on the oil depot of the Azerbaijani company SOCAR, according to a decree by Azerbaijani …
Azerbaijan backs Ukraine with financial aid after Russian strikes on SOCAR oil depot
Azerbaijan has allocated $2 million in humanitarian aid to Ukraine following Russia’s deliberate strikes on the oil depot of the Azerbaijani company SOCAR, according to a decree by Azerbaijani …
Azerbaijan’s president allocates US$2 million to Ukraine amid Russian strikes on gas infrastructure
Following Russian strikes on the Azerbaijani company SOCAR’s oil depot in Odesa Oblast and a gas compressor station, Azerbaijan’s President Ilham Aliyev has signed an order to allocate US$2 million to …
Iran threatens “graveyard” for Trump’s new peace deal
A senior Iranian official says a U.S.-brokered peace deal between Armenia and Azerbaijan threatens Iran’s security.
Banking sector reflects strength of economic vision, institutional confidence
The resilience and growing sophistication of Azerbaijan’s banking sector stand as clear proof of the country’s successful economic policy and the determination of its institutions to build a stable, …