Fitch Ratings Unveils Its Forecast for SOCAR’s Revenues

Baku: Fitch Ratings International Rating Agency has released its forecast for the financial performance of the State Oil Company of Azerbaijan (SOCAR) for 2025, APA-Economics reports citing the rating agency. According to Azeri-Press News Agency, SOCAR’s total revenue in 2025 is forecast to be 45.9 billion US dollars. This represents a 9.3% decrease compared to … Read more

Heydar Aliyev International Airport Maintains Flight Schedule Despite Unstable Weather

Baku: Despite adverse weather conditions affecting the country, Heydar Aliyev International Airport has reported no delays or cancellations in their flight schedule. The press service of Heydar Aliyev International Airport communicated this update to APA-Economics. According to Azeri-Press News Agency, flight safety measures are fully in place, allowing all flights to operate as scheduled. Passengers … Read more

Azerbaijani Naval Forces Participate in AMAN-25 Exercises in Pakistan

Karachi: Representatives of the Azerbaijan Naval Forces are actively participating in the AMAN-25 multinational exercise and the Aman Dialogue in Karachi, Pakistan, APA reports citing the Ministry of Defense of the Republic of Azerbaijan. According to Azeri-Press News Agency, First Deputy Commander of the Naval Forces, Chief of Staff, 1st grade Captain Teymur Murshudov, represented … Read more

Real Madrid Plans to Strengthen the Defensive Line with Saliba

Madrid: Real Madrid are planning to go big for Arsenal defender William Saliba in the summer transfer window, with a report revealing what the Gunners could do in the event of a bid from Los Blancos as a top Liverpool star has been backed to move to the Santiago Bernabeu along with Trent Alexander-Arnold, Apasport … Read more

3.1 Magnitude Earthquake Jolts Azerbaijan’s Hajigabul

Hajigabul: An earthquake has jolted Hajigabul, Republic Seismic Survey Center told APA. According to Azeri-Press News Agency, a 3.1 magnitude earthquake has been recorded in the Hajigabul district, located 20 km north from the Shirvan Station, at 6:31 p.m. The seismic event has caught the attention of local authorities and residents in the region, though … Read more

Real Madrid Plans to Strengthen the Defensive Line with Saliba

Madrid: Real Madrid are planning to go big for Arsenal defender William Saliba in the summer transfer window, with a report revealing what the Gunners could do in the event of a bid from Los Blancos as a top Liverpool star has been backed to move to the Santiago Bernabeu along with Trent Alexander-Arnold, Apasport … Read more

3.1 Magnitude Earthquake Jolts Azerbaijan’s Hajigabul

Hajigabul: An earthquake has jolted Hajigabul, Republic Seismic Survey Center told APA. According to Azeri-Press News Agency, a 3.1 magnitude earthquake has been recorded in the Hajigabul district, located 20 km north from the Shirvan Station, at 6:31 p.m. The seismic event has caught the attention of local authorities and residents in the region, though … Read more

XRP Price Drops by 7.80%: What’s Ahead for Ripple

New York: XRP price has dropped by 7.80% in the last 24 hours to reach around $2.30 on Feb. 7, mirroring declines in the broader crypto market. According to Azeri-Press News Agency, this decline is part of a consolidation move following the global market rout on Feb. 3. Nearly $152.35 million worth of XRP futures … Read more

Oil Prices Rise on World Markets

Baku: Oil prices rise again on world markets: Oil prices rise again on world markets, APA-Economics reports. During trading operations on the ICE London Intercontinental Exchange, the price of the April 2025 Brent oil export contract increased by 0.50% or $0.37 to $74.66 per barrel. On the New York NYMEX Commodity Exchange, the price of … Read more