Baku: During the first quarter of 2026, global financial markets created a challenging environment for many asset classes amid increasing geopolitical tensions and ongoing uncertainty, the State Oil Fund of Azerbaijan (SOFAZ) told APA-Economics.
Acc…
Moscow: Two individuals on the international wanted list – Shahruddin Goylarov and Elshad Alasgarov – have been extradited from Russia to Azerbaijan, APA reports.
According to Azeri-Press News Agency, the Prosecutor General’s Office stated that Goy…
Tehran: Iran’s Supreme National Security Council has allowed pilgrims to participate in this year’s Hajj pilgrimage, the Hajj and Pilgrimage Organization told APA’s Tehran bureau.
According to Azeri-Press News Agency, within this framework, the fir…
Baku: In the first quarter of this year, revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the implementation of oil and gas agreements amounted to 1 billion 803.1 million manats, APA-Economics reports, citing the Fund. This is 40.2% less comp…
Baku: A joint report titled ‘Beyond Borders: Indian Transnational Repression Against the Sikh Diaspora’ has been prepared by the Baku Initiative Group (BIG) and the Sikh Federation International.
According to Azeri-Press News Agency, the report is …
Baku: The Ministry of Foreign Affairs of Azerbaijan has congratulated Turkey on National Sovereignty and Children’s Day, APA reports.
According to Azeri-Press News Agency, in a post on its account on the X (formerly Twitter) platform, the ministry e…
Baku: At a certain stage, a commodity exchange should be established in Baku, said Anar Habib, a senior trader for light oil products at SOCAR Trading, while speaking at the 2nd Caspian and Central Asia Oil Trade and Logistics Forum organized by GLENM…
Baku: The State Oil Fund of Azerbaijan sold 22.1 tons of gold in the first quarter of this year, reducing its gold reserves to 178.1 tons.
According to Azeri-Press News Agency, as of April 1 this year, gold accounted for 35.6% ($26.1 billion) of SOF…
Baku: The assets of the State Oil Fund of Azerbaijan (SOFAZ) amounted to $73,541.5 million (AZN 125,020.5 million) at the beginning of 2026, and $73,515.9 million (AZN 124,976.9 million) as of March 31, 2026.
According to Azeri-Press News Agency, du…