Hungarian company’s branch takes root in Azerbaijan

BAKU: Hungarian MVM Upstream Private Limited Company (a subsidiary of MVM Group) has opened a branch in Azerbaijan, Trend reports.

The branch was officially registered with the State Tax Service under the Ministry of Economy on August 30th of this ye…

Azerbaijani oil price declines

BAKU: The cost of Azerbaijani Azeri Light crude oil decreased by $3.79, settling at $72.84 per barrel based on CIF in the Italian port of Augusta on October 28, when stacked against the last figure, Trend reports, referring to the source from the coun…

Baku prepares to roll out red carpet for COP29

BAKU: The wheels are turning and the ball is rolling for COP29 preparations in Baku.

The clock is ticking, and we’re down to the wire with just 12 days to go until COP29 kicks off from November 11-22.

For this global event, set to unfold in the hear…

SOFAZ, Saudi investment company ink MoU (PHOTO)

BAKU: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has signed a Memorandum of Understanding (MoU) with Hassana Investment Company to explore collaborative investment opportunities within the Kingdom of Saudi Arabia, Trend reports via SOFAZ…