April 17, 2025

New York: The price of gold futures has increased on commodity markets, APA-Economics reports. Based on exchange data, the price of gold for June delivery on the COMEX commodity exchange in New York rose by 0.15%, reaching $3,351.27 per troy ounce (31…

Baku: Court hearings have resumed in the criminal case against several Armenian nationals accused of crimes including genocide, war crimes, and terrorism stemming from Armenia’s military aggression, Azeri-Press News Agency reports. The proceedings at …

Baku: Azerbaijan’s strategic exchange reserves amounted to USD 73 billion 766.7 million as of April 1, 2025.

According to Azeri-Press News Agency, 85.1% of these reserves, or USD 62 billion 740.2 million, are held by the State Oil Fund of Azerbaija…

Baku: The bodies of three oil workers who tragically drowned in a recent flood in Azerbaijan’s Shabran region have been recovered. The incident has shocked the local community and raised concerns about safety measures in flood-prone areas.

According…

Baku: In the first quarter of 2025, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported an income of 232 million AZN from asset management.

According to Azeri-Press News Agency, off-budget income from exchange rate differences amounte…

New York: Ripple coin wavered at a crucial resistance level this week as Bitcoin and most major altcoins stalled.

According to Azeri-Press News Agency, Ripple was trading at $2.10 on Thursday, marking an increase of over 30% from its lowest point t…

Baku: The State Oil Fund of Azerbaijan (SOFAZ) sold $2,420.6 million during auctions held in January-March 2025, with the participation of the Central Bank.

According to Azeri-Press News Agency, the auctions were organized to manage the currency res…

Baku: The Memorandum of Understanding (MoU) concerning the exchange of information and assistance in tax requirements between the Ministry of Economy of the Republic of Azerbaijan and the State Revenue Service of the Republic of Latvia has received ap…

Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a significant increase in its assets, which reached USD 62,740.2 million as of March 31, 2025. This figure marks a 4.5% rise compared to the end of 2024, when assets stood at USD …