New York: The price of natural gas futures quotes on the New York NYMEX Commodity Exchange has decreased, APA-Economics reports. According to Azeri-Press News Agency, the price of natural gas futures for delivery in January decreased by 1.78% to 3.42 US dollars per 1 million BTU (British thermal unit).
Cascais: The 10th Global Forum of the UN Alliance of Civilizations (UNAOC) is being held in the Portuguese city of Cascais on November 26-27 under the theme “United in Peace: Restoring Trust, Reshaping the Future”, APA reports. This year’s forum is dedicated to the 20th anniversary of the Alliance of Civilizations. According to Azeri-Press News … Read more
BAKU: The famous clothing and fashion brand ‘Christian Dior Couture’ has liquidated its company in Azerbaijan, APA-Economics reports citing the State Tax Service. According to Azeri-Press News Agency, ‘Christian Dior Couture Azerbaijan’ LLC has announced its liquidation. It was noted that creditors can submit their claims to the address 105, Neftchilar Ave. Street, Sabail District, … Read more
Baku: The total assets of the banking sector in Azerbaijan have reached an impressive AZN 49,697.8 million, marking a 1.1% increase from the beginning of this year. This growth was observed over the period from January to October, as reported by APA-Economics, citing the Central Bank of Azerbaijan. According to Azeri-Press News Agency, the sector’s … Read more
Baku: Azerbaijan’s revenues from cargo transportation via main gas pipelines increased by 5.7% from January to September this year, reaching AZN 1,999,005 thousand. This marks a notable rise compared to the same period last year, the State Statistical Committee reported to APA-Economics. According to Azeri-Press News Agency, the revenue for the corresponding period last year … Read more
Baku: The foreign liabilities of the banking sector have increased by AZN 28.4 million compared to the beginning of the year, reaching AZN 2 billion 626.5 million as of November 1. According to Azeri-Press News Agency, the increase in foreign liabilities is mainly related to the rise in the volume of short-term deposits attracted from … Read more
Baku: Losses in the main gas pipelines in Azerbaijan have significantly reduced by more than 58% during the first nine months of this year. In January-September, the country reported a loss of 29.6 million cubic meters of gas in its main pipelines, marking a 58.4% decrease compared to the same period last year, as reported … Read more
Baku: The revenue and expenditures of the State Social Protection Fund (SSPF) budget for 2025 are projected to amount to AZN 7,676,420,000.0. This was reflected in the draft law on the “2025 budget of the State Social Protection Fund,” which was discussed in today’s session of the Milli Majlis (Parliament). According to Azeri-Press News Agency, … Read more
Baku: Azerbaijan has announced a significant increase in oil pipeline losses for the year 2024, as reported by the State Statistics Committee of Azerbaijan. In the period from January to September of this year, the country experienced a loss of 3,500 tons in its oil pipelines, marking a 25% increase compared to the same period … Read more