Shorouk Express Economy Materials 4 June 2025 01:21 (UTC +04:00) Azerbaijan’s monetary base reached 20.63 billion manat ($12.17 billion) at the end of May. It fell 0.4% from the previous month but rose 3.4% compared to last year. In April, the monetary base stood at 20.7 billion manat ($12.23 billion). Access to…
Shorouk Express BAKU, Azerbaijan, June 2. Romania hopes for future talks on gas supply from Azerbaijan, Pavel-Casian Nitulescu, State Secretary of Romanian Energy Ministry, said in an exclusive interview with Trend on the occasion of the Baku Energy Week to be held June 2-4. “As it is my first attendance in Baku Energy Forum, I…
Shorouk Express BAKU, Azerbaijan, May 30. Kazakhstan imported $34.6 million worth of non-oil products from Azerbaijan from January through April 2025, which is more than twice compared of the same period last year. Data obtained by Trend from the State Customs Committee indicates that this figure is 2.1 times, or $18.1 million, higher than in…
Shorouk Express BAKU, Azerbaijan, May 28. President of Bulgaria, Rumen Radev, was presented with a book about Azerbaijan during the 20th World Meeting of Bulgarian Media, organized by the Bulgarian Telegraph Agency in the town of Varshets, Trend reports via the State Committee on Work with Diaspora. At the event titled “ Europe in the…
Shorouk Express Economy Materials 27 May 2025 21:32 (UTC +04:00) Azerbaijan allocated a total of 21.4 million manat ($12.6 million) in 2023 for membership fees and obligations to international and regional organizations. The budget included payments to UN bodies, the Organization of Islamic Cooperation, CIS organizations, and contributions to international financial institutions such…
Shorouk Express BAKU, Azerbaijan, May 26. Speaker of the Azerbaijan’s Milli Majlis Sahiba Gafarova held a meeting with Speaker of the Senate of the Arab Republic of Egypt Abdel Wahab Abdel Razeq who is in our country on an official visit, Trend reports, citing the Azerbaijani parliament. Initially, the Speaker of the Senate of the…
Shorouk Express Economy Materials 25 May 2025 20:45 (UTC +04:00) At the end of 2024, the Central Bank of Azerbaijan held 2.07 billion manat ($1.22 billion) in foreign assets. This was down 14% from the previous year. The assets included cash, debt securities, and IMF settlements. Access to paid information is limited…
Shorouk Express Economy Materials 24 May 2025 04:24 (UTC +04:00) As of January 1 this year, short-term deposits of resident banks in the Central Bank of Azerbaijan totaled 1.2 billion manats ($1.4 billion), falling to less than half compared to the previous year. This marks a significant decrease from 2.6 billion manats ($1.5…
Shorouk Express BAKU, Azerbaijan, May 23. The total volume of global capital markets has increased significantly over the past decade, currently exceeding $300 trillion, the Executive Director of the Central Bank of Azerbaijan Tarlan Rasulov said at the Financial Investment Forum held in Baku today, Trend reports. He mentioned that over the past 14 years,…
Shorouk Express Economy Materials 23 May 2025 03:18 (UTC +04:00) Photo: Artificial intelligence In the first quarter of 2025, Azerbaijan imported 21.7 million kWh of electricity from Russia, worth $679,200. This marks a decrease of 1.6 million kWh (6.9 percent) in volume compared to last year. However, the value of imports rose by…
