Shorouk Express Economy Materials 15 July 2025 14:33 (UTC +04:00) Iran’s non-oil exports to Azerbaijan declined sharply by over 30% in value and 12% in volume during the first quarter of the current Iranian year, reflecting broader challenges in bilateral trade. This drop contrasts with Iran’s overall non-oil export contraction of 14.4% by…
Shorouk Express Economy Materials 14 July 2025 21:50 (UTC +04:00) Azerbaijan’s Mortgage Credit Guarantee Fund has facilitated loans totaling 3.557 billion manats to nearly 55,000 borrowers, underscoring strong government support for housing finance and SME access to credit. With 581 million manats in guaranteed and subsidized loans and over 7,200 apartments sold through…
Shorouk Express Economy Materials 12 July 2025 04:38 (UTC +04:00) Germany and Azerbaijan sharply boosted their mutual investments in the first quarter of this year, with German direct investments in Azerbaijan rising by over 60 percent and Azerbaijani investments in Germany increasing by more than 60 percent as well. Overall, total foreign direct…
Shorouk Express Economy Materials 11 July 2025 20:51 (UTC +04:00) Swedish foreign direct investment in Azerbaijan’s economy has skyrocketed, increasing nearly seventy-five times compared to last year’s first quarter, reaching almost $19 million. Meanwhile, Azerbaijani outbound investments declined slightly, totaling just over $315 million during the same period. Access to paid information…
Shorouk Express BAKU, Azerbaijan, July 9. The short-term depreciation of the nominal effective exchange rate of the manat in the current conditions may have a limited increasing effect on the prices of goods and services imported from the eurozone, the Central Bank of Azerbaijan (CBA) told Trend. It was observed that there exist three determinants…
Shorouk Express Economy Materials 7 July 2025 18:29 (UTC +04:00) Azerbaijan imported 155.3 million cubic meters of natural gas from Turkmenistan during the first four months of 2025. According to data from the Azerbaijani State Statistics Committee obtained by Trend, the cost of this gas amounted to $23.3 million. This represents a decrease…
Shorouk Express Azerbaijan later reportedly canceled all cultural events linked to Russia “due to the demonstrative targeted and extrajudicial killings and acts of violence committed by Russian law enforcement agencies against Azeris,” the country’s Culture Ministry stated. The Russian Investigative Committee of the Sverdlovsk region, whose capital is Yekaterinburg, admitted two suspects had indeed died…
Shorouk Express Economy Materials 29 June 2025 05:29 (UTC +04:00) Azerbaijan’s exports of non-oil products to Russia have increased in the first five months of this year. From January to May 2025, exports reached $442.9 million, up 3.7 percent compared to the same period in 2024. Russia remains Azerbaijan’s top buyer of non-oil…
Shorouk Express Economy Materials 25 June 2025 19:48 (UTC +04:00) The State of Israel constituted a mere one percent of the aggregate monetary remittances dispatched internationally from the Republic of Azerbaijan. Access to paid information is limited If You already have a account, please log in Subscription to paid…
Shorouk Express BAKU, Azerbaijan, June 23. The first meeting of the commission established for the preparation of the “Socio-Economic Development Strategy for 2027–2030” and the “Second State Program on the Great Return” was held under the chairmanship of Prime Minister of Azerbaijan Ali Asadov, the Cabinet of Ministers told Trend. The meeting was attended by…
