Market

Baku: Last year, 65.9 thousand meters of drilling work were carried out in Azerbaijan by SOCAR, consortiums, and operating companies in order to maintain and partially increase oil and gas production, APA-Economics reports. This was reflected in the ‘…

Lachin: The merger of several villages in the Lachin district is planned, APA reports. This was reflected in the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan for 2025,’ which was discussed at today’s session of t…

Baku: An increase has been observed in major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports, citing the CoinMarketCap platform. The price of Bitcoin rose by 2.75% over the last 24 hours to $71,358.

According to Aze…

Azerbaijan: Azerbaijan’s strategic foreign exchange reserves currently amount to 91 billion US dollars, Prime Minister Ali Asadov said during the presentation of the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan f…

New york: US stock markets experienced a decline, with the Dow Jones Industrial Average falling by 1.56% to 46,677.85 points, the SandP 500 index dropping by 1.52% to 6,672.62 points, and the NYSE Composite index decreasing by 1.64% to 22,118.7 points…

Baku: The export of oil products of Azerbaijani origin to Armenia is purely commercial in nature, APA-Economics reports. This development was highlighted in a report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan in 2025, …

Baku: Financial violations, excessive and unjustified payments, and other shortcomings amounting to 609.7 million manats were detected as a result of state financial control measures in 2025, APA-Economics reports. This revelation was part of the ‘Rep…

Baku: A purposeful policy is being implemented to expand the geography of Azerbaijan’s gas supply, said Prime Minister Ali Asadov during the presentation of the ‘Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan in 202…

Baku: Azerbaijan’s state budget for 2025 saw revenues executed at approximately 39.2 billion manats, exceeding forecasts by 5.4%, while expenditures amounted to 38.6 billion manats, reflecting an increase of 2.4%. This financial performance was highli…