Baku: A meeting chaired by Prime Minister Ali Asadov was held at the Cabinet of Ministers to discuss the ‘Comprehensive Action Plan for 2025-2030’ aimed at addressing the environmental issues of the Caspian Sea and Baku Bay. The focus was on the remov…
Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported revenues totaling 37,594.4 million manats for the year 2025.
According to Azeri-Press News Agency, during the January-December period, SOFAZ’s budget revenues were recorded at 1…
Egypt: Egypt achieved a significant milestone in machinery manufacturing exports last year.
According to Azerbaijan State News Agency, the Egyptian Engineering Export Council reported that the country exported machinery and related industrial produ…
Baku: Last year, the State Oil Fund of Azerbaijan (SOFAZ) transferred 14 billion 481 million manats to the state budget, in line with the forecast. This figure marks a 13.3% increase compared to 2024.
According to Azeri-Press News Agency, SOFAZ allo…
Manama: On January 27, Secretary General of the Parliamentary Assembly of Turkic States (TURKPA), Ambassador Ramil Hasan, met with Dmitriy Kobitskiy, Secretary General of the Council of the Interparliamentary Assembly of the Member States of the Commo…
Baku: The State Oil Fund of Azerbaijan (SOFAZ) has increased its gold holdings to 200 tons.
According to Azeri-Press News Agency, SOFAZ purchased an additional 15.2 tons of gold in the last quarter of the previous year.
Overall, gold investments a…
Baku: A group of servicemen from the Azerbaijan Army has departed for the United Arab Emirates to take part in the Peace Shield – 2026 joint operational-tactical exercise, the Ministry of Defense told AZERTAC. The main objective of the exercise is to …
Tbilisi: In recent days, 87 foreign nationals have been deported from Georgia, APA’s local bureau reports, citing the Georgian Ministry of Internal Affairs. The individuals, who hail from a diverse range of countries, have been banned from re-entering…
Davos: Azerbaijan is emerging as a significant player in global economic and political discussions, according to Canadian political scientist Robert Cutler. The Davos Economic Forum, a key venue for discerning the priorities of global elites amid a sh…