This year’s event will host 267 companies from 39 countries, covering the full spectrum of the energy sector — from Europe and the Middle East to Asia and Africa. Among the participating countries are …
Energy industry leaders reunite in Azerbaijan – Baku hosts 30th Energy Week
This year’s event will host 267 companies from 39 countries, covering the full spectrum of the energy sector — from Europe and the Middle East to Asia and Africa. Among the participating countries are …
Beyond barrel: How cotton anchors Azerbaijan’s economic transition
In an age dominated by digital trade and global finance, it is often easy to overlook the humble crop. Yet, sometimes, the quiet heartbeat of an economy can be felt most clearly in its fields.
Azerbaijan brainstorms financial reforms with World Bank (PHOTO)
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 …