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…
Baku: By Presidential decrees, Anar Maharram Bayramov and Rashad Azizaga Mustafayev have been appointed as deputies to the Minister of Labor and Social Protection of Population of the Republic of Azerbaijan.
According to Azeri-Press News Agency, the…
Baku: President of Georgia Mikheil Kavelashvili concluded his official visit to the Republic of Azerbaijan on April 16, APA reports. A guard of honor was lined up for the Georgian President at Heydar Aliyev International Airport, which was adorned wit…
Aghsu: The identities of those injured in the flood that overturned an excavator in Aghsu have been revealed, APA’s Shirvan bureau reports. The incident tragically resulted in one fatality and left several others with injuries.
According to Azeri-Pr…
Baku: Since yesterday, the ongoing unstable and rainy weather conditions across Azerbaijan have led to a number of complications, including flooding in several areas, the Ministry of Emergency Situations said in a statement, APA reports.
According t…