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.
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 …
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 …
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.
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 …
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 …
President Aliyev’s regional tour marks pivot toward resilient, post-oil Azerbaijan
Notably, the state-supported investment framework surrounding the facility—including substantial tax exemptions, customs duty waivers, and a 10 million AZN preferential loan from the Azerbaijan …
Azerbaijan reveals funds received by budget on land tax and property tax of legal entities
In 2024, Azerbaijan’s land tax revenues from legal entities surpassed forecasts by 9.9%, totaling 54.3 million manat ($31.96 million), with 61% coming from the non-oil sector. However, property …
Azerbaijan’s property insurance market elevates in 4M2025
Azerbaijan’s property insurance market elevates in 4M2025 Economy Materials 27 May 2025 01:37 (UTC +04:00) From January through April 2025, Azerbaijani insurers collected 70.8 million manat ($41.6 …