Agricultural Production Increases by 2.6 Pct in Eight Months

Baku: In January-August of this year, agricultural products worth 10.057 billion manats at current prices were produced in the country. The physical volume of agricultural production increased by 2.6 percent compared with the same period of the previo…

Mine Explosion Occurs in Azerbaijan’s Aghdara

Baku: A landmine explosion occurred on September 10, 2026, in the Papravand village of the liberated Aghdara district, APA reports.

According to Azeri-Press News Agency, a joint statement by the Press Services of the Ministry of Internal Affairs, t…

Gold Price Falls Below $4,400 on Commodity Markets

Baku: The value of gold futures per troy ounce (31.1 grams) has decreased on commodity markets, APA-Economics reports, citing exchange data. On the New York COMEX commodity exchange, the price of December 2026 gold futures per troy ounce decreased by …

S&P Upgrades Davr-Bank’s Credit Rating Following ABB Takeover

Baku: S and P Global Ratings international rating agency has upgraded the long-term credit rating of Uzbekistan’s Davr-Bank, APA-Economics reports. The agency raised the bank’s long-term issuer credit rating from ‘B’ to ‘B+’ and affirmed its short-ter…

ABB Acquires Controlling Stake in Uzbekistan’s Davr-Bank

Baku: The International Bank of Azerbaijan (ABB) has successfully completed the transaction to acquire a controlling stake in Uzbekistan’s Davr-Bank JSC. This significant move marks a new chapter in the expansion of ABB’s operations in the region.

A…