Baku: Azerbaijan’s State Security Service has arrested Azer Baghirov, who is accused of treason, and brought him back to the country. A trial regarding the preventive measure against Baghirov was held in the Sabail District Court of Baku. According to Azeri-Press News Agency, Baghirov was accused of engaging in espionage by assisting representatives of a … Read more
New York: The price of natural gas futures quotes on the New York NYMEX Commodity Exchange has increased, APA-Economics reports. The price of natural gas futures for March delivery increased by 0.78% to 3.468 US dollars per 1 million BTU (British thermal unit). According to Azeri-Press News Agency, the increase in natural gas prices reflects … Read more
London: During trading operations on the ICE London Intercontinental Exchange, the price of the April 2025 Brent oil export contract increased by 0.34% to 76.13 US dollars per barrel, APA-Economics reports. The price of a barrel of WTI oil for export in March this year on the NYMEX commodity exchange in New York increased by … Read more
Zagatala: Azerbaijan has discovered the remains of Manikanth Kondaveeti, an Indian tourist who went missing in the Zagatala region over three years ago. On February 9, Zagatala Regional Police Station personnel uncovered the remains, along with a handbag, bank cards, a mobile phone, and other personal items belonging to Kondaveeti, in the “Shamilovka” forest massif … Read more
Baku: Azeri Light (CIF) Azerbaijani oil has become relatively more expensive in world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by $1.45 or 1.9% to $77.87. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $76.42.
Baku: Azerbaijan Airlines (AZAL) has entered into a codeshare agreement with Israel’s El Al, AZAL told APA. The new partnership will enable customers of both airlines to fly on EL AL and Azerbaijan Airlines-operated flights under this agreement. According to Azeri-Press News Agency, EL AL’s code (LY) will be incorporated into Azerbaijan Airlines-operated flights from … Read more
Baku: President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to Massoud Pezeshkian, the President of the Islamic Republic of Iran, marking the national holiday of the Islamic Republic of Iran, known as the Victory Day of the Islamic Revolution. According to Azeri-Press News Agency, President Aliyev extended heartfelt congratulations to … Read more
Baku: President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to the Supreme Leader of the Islamic Republic of Iran Ayatollah Seyyed Ali Khamenei on the occasion of the national holiday of the Islamic Republic of Iran – Victory Day of the Islamic Revolution, APA reports. According to Azeri-Press News Agency, … Read more
Baku: Our outlook for the Azerbaijani banking sector remains neutral, meaning we expect key financial metrics to remain stable this year, Maksim Maliutin, Deputy Director for CIS+ and Middle East Banks at the international rating agency Fitch Ratings told APA-Economics. According to Azeri-Press News Agency, Maliutin highlighted that this improvement was confirmed in October 2024 … Read more