Shorouk Express Economy Materials 10 June 2025 04:01 (UTC +04:00) Azerbaijan’s methanol exports to Romania saw a sharp decline in the first quarter of the year, dropping by nearly two and a half times in volume and over one-third in value compared to the same period last year. Despite this, Azerbaijan continued exporting…
Shorouk Express Economy Materials 8 June 2025 02:41 (UTC +04:00) Azerbaijan’s revenues from methanol exports totaled to over $5 million, reflecting a significant increase of nearly 54 percent compared to the same period last year. The country also exported nearly 19,000 tons of methanol to Slovenia, generating over $3.5 million in revenue in…
Shorouk Express Transport Materials 7 June 2025 11:11 (UTC +04:00) Photo: Akimat (local government) of the Kazakhstan’s Mangistau region For the first time, Kazakhstan will launch regular ferry services on the “Kuryk–Alat–Kuryk” route, operated by MSC Middle Corridor Maritime using specialized vessels built by a Georgian investor. Starting September 2025, the route will…
Shorouk Express Economy Materials 5 June 2025 18:06 (UTC +04:00) In the first five months of the year, Azerbaijan’s state budget revenues totaled 17.1 billion manats, exceeding forecasts by nearly 640 million manats. The main contributors were tax collections, oil fund transfers, and other non-oil income, while some shortfall was noted in revenues…
Shorouk Express Economy Materials 3 June 2025 08:33 (UTC +04:00) In 1Q2025, Azerbaijan exported 2.29 billion cubic meters of natural gas to Italy, generating $1.19 billion in revenue. This marked an increase of 652 million cubic meters, or 39.8 percent, in volume. In value terms, exports rose by $456.6 million, or 61.7 percent,…
Shorouk Express BAKU, Azerbaijan, June 2. The Azerbaijani Mine Action Agency (ANAMA) has released information on the operations carried out in May by the structures engaged in demining the territories liberated from occupation, the joint statement of ANAMA, the Ministry of Defense, and the Ministry of Emergency Situations said, Trend reports. Meanwhile, it was noted…
Shorouk Express Economy Materials 31 May 2025 23:50 (UTC +04:00) Azerbaijan’s manat showed stable performance as of May, with its turnover rate at just over 3 points and its effective exchange rate exceeding 104 points. Meanwhile, non-performing loans stood at about 734 million manats, and lending to businesses—especially large and micro enterprises—totaled nearly…
Shorouk Express AGHDAM, Azerbaijan, May 31. A delegation of religious leaders from Türkiye and Georgia has visited the liberated Aghdam city as a part of their visit to Azerbaijan, Trend’s regional correspondent reports. During the visit to the city, the guests will learn about the destruction carried out over the past 30 years of Armenian…
Shorouk Express Economy Materials 30 May 2025 23:14 (UTC +04:00) UnionPay card transactions in Azerbaijan have declined in number but increased in total value, with transaction volumes rising to around 50,000 manats by the end of April. Despite the drop in transaction count to approximately 100, the growth in transaction value highlights shifting…
Shorouk Express Economy Materials 27 May 2025 05:32 (UTC +04:00) From January through April 2025, Azerbaijan’s credit insurance premiums totaled 1.4 million manat ($800,000), down 7.9 percent year-on-year. Credit insurance payouts rose 3.6 percent to 29,000 manat ($17,000) during the period. This data reflects shifting trends in the country’s insurance sector. Access…
