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In January-September of 2023, the total Gross Domestic Product (GDP) produced in Azerbaijan amounted to AZN 90 billion 812.5 million. This is 0.8 % more than the same period last year, the State Statistics Committee told APA.According to the informati…

Azerbaijan’s current account balance is in surplus considering the high world oil prices and the increase in non-oil exports, Taleh Kazimov, the Chairman of the Central Bank of the Republic of Azerbaijan said, APA reports.He said this, in turn, affect…

In January-August of 2023, the trade turnover between Azerbaijan and Belarus amounted to USD 218.349,5 million, which is 18.8% more than the corresponding period of 2022, according to calculations done by APA-Economics based on the report by the State…

The Central Bank of Iran (CBI) announced an official rate for foreign currencies on October 7, Trend reports.According to the currency exchange rate for the Central Bank of Iran, 25 currencies increased and 11 decreased in price compared to October 5….

The World Bank held a presentation for its estimation for East Asia and Pacific (EAP) countries and showed the GDP growth forecast for Mongolia, which was lowered by 0.1% from April projections. World Bank also lowered the economic growth projection f…

Chairman of the Cabinet of Ministers – Head of the Presidential Administration of the Kyrgyz Republic Akylbek Zhaparov received Chairman of the Board of Directors of the Titan Group of Companies (Russian Federation) Mikhail Sutyaginsky. During the mee…

Israel Aerospace Industries (IAI), a world-leading aerospace and defense company and Azercosmos, a pioneering force of Azerbaijan in the space industry, are announcing a cooperation agreement for the sale of two of IAI’s cutting-edge multi spectral ele…

Germany imported 662,300 tons of oil from Azerbaijan from January through August 2023, Deputy Minister of Energy of Azerbaijan, Elnur Soltanov said during the event dedicated to German Unity Day, Trend reports.“Energy is one of the key areas of coopera…

The Central Bank of Iran (CBI) announced an official rate for foreign currencies on October 1, Trend reports.According to the currency exchange rate for the Central Bank of Iran, 15 currencies increased and 20 decreased in price compared to September …