Baku: The remains of three missing martyrs from Azerbaijan will be interred on April 18. The State Commission on Prisoners of War, Hostages, and Missing Persons of the Republic of Azerbaijan has provided this information, as reported by APA.
Accordi…
Baku: Azerbaijan imported 287,995 tons of wheat worth USD 62 million 245 thousand from January to March 2025, APA-Economics reports citing the State Customs Committee. This marks a significant increase in both volume and value compared to the previous…
Baku: Azerbaijan has reported a significant increase in its oil product exports during the first quarter of the year. The country exported 122,386.13 tons of oil products, valued at USD 56.72 million, from January to March.
According to Azeri-Press…
Baku: In the first quarter of this year, the State Oil Fund of Azerbaijan (SOFAZ) earned 2,183.5 million manats from the Azeri-Chirag-Gunashli (ACG) field block and the Shah Deniz gas-condensate field (from the sale of gas and condensate), which is 15…
New York: Ripple has agreed to a settlement with the U.S. Securities and Exchange Commission (SEC) in the latter’s four-year-old lawsuit, with the amount settled reduced to $50 million from a penalty fine of $125 million imposed in 2024. It appeases t…
Baku: Azerbaijan’s gold reserves have surpassed 165 tons as the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has significantly increased its investments in gold.
According to Azeri-Press News Agency, SOFAZ’s investments in gold reached USD …
Baku: President of the Republic of Azerbaijan Ilham Aliyev has officially received the credentials of Lu Mei, the newly appointed Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China. The presentation took place on April 17, …
Baku: As of March 31, 2025, the total investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 62.4495 billion US dollars.
According to Azeri-Press News Agency, 42.6% of the total investment portfolio consists of bonds and money…
Baku: As of March 31, 2025, the Azerbaijan State Oil Fund’s (SOFAZ) investment portfolio consists of 66.1% in US dollars, reflecting a decrease of 3.4 percentage points from the previous year when it stood at 69.5%.
According to Azeri-Press News Age…