Czech Republican President Receives Azerbaijani Ambassador’s Credentials

Prague: The President of the Czech Republic, Petr Pavel, has received the credentials of Azerbaijan’s newly appointed ambassador to the country, Yashar Aliyev. Petr Pavel shared this information in a post on the X platform, APA reports. According to Azeri-Press News Agency, Yashar Aliyev presented his credentials to the President of the Czech Republic. Yashar … Read more

XRP Gains 18% in a Week, Eyes Key Resistance Levels

New York: Ripple’s XRP has gained an impressive 18% in the last seven days and is currently trading at the $2.75 mark. The third largest cryptocurrency hit a high of $2.80 before reversing back. XRP’s price action in the coming sessions will be shaped by key support and resistance levels. As for Bitcoin, the price … Read more

Azerbaijan Sees Surge in Palm Oil Imports in 2024

Baku: Azerbaijan imported approximately 64,559.5 tons of crude palm oil and its fractions in 2024, worth USD 81 million 932 thousand. According to Azeri-Press News Agency, this marked a significant increase compared to 2023, with a rise of 41.7% or 18,989 tons in volume terms, and an increase of 56.5% or USD 29 million 589 … Read more

Scandalous Corruption of Macron’s People: Shocking Documents Released -Photo

Baku: Observer Online, renowned for the periodic international investigative articles, has published a new article titled ‘Documents have been leaked regarding the controversial corruption of Macron’s Companions’, APA presents. According to Azeri-Press News Agency, the article reveals documents confirming that large bribes were transferred to the accounts of A. Benalla, the head of the French … Read more

Azerbaijani Embassy in Syria Resumes Operations After 13-Year Hiatus

Damascus: The Republic of Azerbaijan has resumed the activities of its Embassy in Damascus, the capital of Syria, after a 13-year hiatus, the Ministry of Foreign Affairs of Azerbaijan released information, APA reports. It was stated that, for this purpose, the chargĀ© d’affaires of the Embassy has already been dispatched to Damascus and has commenced … Read more

EBRD’s Total Investments in Azerbaijan Exceed 4 Billion Euros

Baku: The volume of the European Bank for Reconstruction and Development (EBRD) asset portfolio in Azerbaijan increased by 2.1% or 22 million euros compared to the previous month and amounted to 1 billion 52 million euros. The number of implemented active projects increased from 32 to 33, EBRD told APA. According to Azeri-Press News Agency, … Read more

Azerbaijan’s Foreign Trade Turnover Surges by Over 70%

Baku: Azerbaijan’s foreign trade turnover saw a significant increase of 70.5% in January 2025 compared to the same period the previous year, reaching USD 5 billion 90.8 million. This substantial rise indicates robust economic activity and an expansion in both imports and exports for the country. According to Azeri-Press News Agency, data from the State … Read more

Oil Prices Rose Slightly on World Markets

London: Oil prices saw a minor increase on global markets as trading took place on prominent exchanges. During trading on the ICE London Intercontinental Exchange, the price for the April 2025 Brent crude oil contract for export experienced a modest rise of 0.08%, reaching USD 74.74 per barrel. According to Azeri-Press News Agency, the price … Read more

Italy Becomes Azerbaijan’s Top Oil Importer This Year: Nearly 3.5 Million Tons to 10 Countries

Baku: In January of this year, Azerbaijan exported 1,687,729.6 tons of oil to Italy worth 932,715.48 thousand US dollars, APA-Economics reports citing Azerbaijan’s State Customs Committee. Thus, Italy once again ranked first in Azerbaijan’s total oil exports. According to Azeri-Press News Agency, Germany ranked second in Azerbaijan’s total oil exports. During the reporting period, 409,959.01 … Read more