Shorouk Express BAKU, Azerbaijan, June 22. The total volume of services in Azerbaijan’s economic relations with foreign countries amounted to 4.7 billion in the first quarter of this year. The data obtained by Trend from the Central Bank of Azerbaijan shows that of the total value of transport services worth $1.2 billion, 63.1 percent was…
Shorouk Express BAKU, Azerbaijan, June 20. The trade turnover between Uzbekistan’s Fergana region and Azerbaijan reached $3.3 million over the past five months, Deputy Governor of the Fergana region Nuriddin Mamajonov said at the 3rd Azerbaijan-Uzbekistan Interregional Forum in Baku, Trend reports. “Although $3.3 million may seem modest compared to our total foreign trade volume,…
Shorouk Express BAKU, Azerbaijan, June 20. The value of goods sold and services provided to meet consumer needs in Azerbaijan amounted to 30 billion manat ($17.6 billion) from January through May 2025. The data obtained by Trend from the State Statistics Committee shows that this figure increased by 5.2 percent compared to the same period…
Shorouk Express BAKU, Azerbaijan, June 19. This is my first time in Azerbaijan—a country I’ve always heard great things about—and my experience in Baku has confirmed it. Everything here is organized at an exceptionally high level, said the guest of honor at UFC Fight Night Baku—renowned American fighter of Georgian origin, Merab Dvalishvili, Trend reports….
Shorouk Express Economy Materials 19 June 2025 00:23 (UTC +04:00) Azerbaijan increased its liquefied gas production by over twelve percent in the first five months of the year, reaching nearly 93,000 tons. Finished product reserves stood at around 1,600 tons as of early June. Access to paid information is limited If…
Shorouk Express BAKU, Azerbaijan, June 18. It appears that oil price uncertainty is a major channel through which the geopolitical tension in the Middle East could affect Azerbaijan, Dmitry Dolgin, Chief Economist, Russia and CIS at the Netherlands-based ING banking group, told Trend. “Based on our estimates, each $1 per barrel of oil price translates…
Shorouk Express Tourism Materials 17 June 2025 07:33 (UTC +04:00) Tourist arrivals from Georgia to Azerbaijan slightly declined in May 2025. Despite this, the total number of foreign visitors to the country increased compared to the same period last year. Overall, tourism in Azerbaijan showed moderate growth in the first five months of…
Shorouk Express BAKU, Azerbaijan, June 16. On June 16, the Minister of Defense of the Republic of Azerbaijan, Colonel General Zakir Hasanov paid an official visit to the Republic of Belarus at the invitation of the Minister of Defense of Belarus, Lieutenant General Viktor Khrenin, Trend reports. At Minsk National Airport, Belarusian Defense Minister met…
Shorouk Express Economy Materials 6 June 2025 02:18 (UTC +04:00) In 2024, Azerbaijan’s National Payment System processed 760.2 billion manats ($447.1 billion) in 168.6 million transactions. The Government Payment Portal handled 8.1 billion manats ($4.78 billion), mostly cashless. Cashless card payments and e-commerce surged over 60 percent. Access to paid information is…
Shorouk Express BAKU, Azerbaijan, June 4. Approximately 270 MW of small hydropower plants (SHPPs) are currently in operation in Azerbaijan’s liberated territories, First Deputy Vice President of Azerenerji Yusif Garayev said during the session titled “Electricity Generation and Grid Infrastructure Development: The Future of Energy Supply,” held as part of the 30th Anniversary Baku Energy…
