BAKU, Azerbaijan, May 30. An exchange of experience on the implementation of the state budget of the World Bank’s (WB) Public Expenditure Management Peer Assisted Learning (PEMPAL) Program was …
Gunvor and Azerbaijan’s SOCAR reportedly competing to acquire Italiana Petroli
Global commodity trader Gunvor and the State Oil Company of Azerbaijan (SOCAR) are in a tight competition to acquire oil refiner Italiana Petroli, according to a Reuters report on Friday. The final …
American Express card transactions rise in Azerbaijan for past month
Transactions made with American Express cards issued in Azerbaijan have taken off like a rocket, with both the number of transactions and their total volume showing robust growth by the end of April.
India’s BrahMos strikes derailed Pakistan’s planned military offensive, says Pak PM Shehbaz Sharif
Speaking at the Pakistan-Turkey-Azerbaijan trilateral summit held in Lachin, Azerbaijan, Sharif stated that Indian BrahMos missiles hit several strategic locations, including Rawalpindi airport, just …
UAE and Azerbaijan foster financial ties
The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.
Azerbaijan targets non-oil revenues to cover budget costs, finance minister says
BAKU, Azerbaijan, May 27. Of the 21.3 billion manat ($12.5 billion) of current expenditures made last year, 90 percent, or 19.2 billion manat ($11.3 billion), were covered by revenues from the non-oil …
Azerbaijan’s finance ministry holds next deposit auction
The Azerbaijani Ministry of Finance has conducted another deposit auction to enhance the efficient management of state budget funds. As a result, 500 million manat ($294 million) was placed in the …
UAE and Azerbaijan foster financial ties
The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.
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 …
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.