Azerbaijan Introduces Legal Definition of ‘Foreign Film’

Baku: The concept of ‘Foreign Film’ is being included in legislation, APA reports. According to the proposed amendment to the ‘On Cinematography’ law, discussed at today’s meeting of the Culture Committee of the Milli Majlis, a foreign film is defined…

IMF Adjusts Oil Price Forecast for 2026-2027

Vienna: The International Monetary Fund (IMF) has announced its forecast for the average price of a barrel of oil for 2026-2027, APA-Economics reports, citing the IMF’s next report on the development prospects of the world economy.

According to Azer…

Key Indicators of Azerbaijan’s Oil and Gas Sector in 2025

Baku: Last year, the total value of production in Azerbaijan’s mining industry amounted to 37,618.4 billion manats, which is a 2.5% decrease compared to the previous year.

According to Azeri-Press News Agency, of this total figure, 34,003 million ma…