Kazakhstan has lowered the prices for the export of flour and oil, Trend reports.The value of exported goods decreased by 10.9 percent in June this year. In addition, the value of exported goods to the CIS countries decreased by 8.6 percent and to oth…
Azerbaijan and Uzbekistan discussed the possibility of increasing mutual investments, Trend reports.According to the Ministry of Economy of Azerbaijan, Deputy Minister of Economy Sahib Mammadov met with Deputy Minister of Investment, Industry, and Tra…
The national air carrier of Azerbaijan (AZAL) is resuming flights en route Baku-Geneva-Baku. Starting from September 30, flights in this direction will be operated twice a week – on Wednesdays and Saturdays.Geneva, located in the heart of Europe, is o…
On the international markets, there have been several changes in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.05 to trade at $84.07, while the price of the Light crude oil at the NYMEX (New York M…
Members of the European Union (EU) have filled their natural gas storage facilities to a level of roughly 90%, according to Anadolu Agency. Stefan de Keersmaecker, a spokesperson for the EU Commission, confirmed in a news conference in Brussels that E…
Azerbaijan exported 179,500 tons of petroleum coke in the amount of $49,515,800 in January-July, according to the State Customs Committee. Petroleum coke export stood at 78,000 tons worth $16,616,100 relative to last year. Source: Azerbaijan State New…
Foton” company, which owns a 16.15% stake in “Xalqbank”, announced its division into 2 parts. The company announced this in the newspaper ‘Taxes’ of the State Tax Service under the Ministry of Economy. The announcement says that the “Azerbaijan Indust…
In the first half of 2023, the transaction worth $1.8 billion was carried out at the cash foreign exchange market of Azerbaijan. This is stated in the “Monetary Policy Review” published by the Central Bank of Azerbaijan. According to the document, thi…
In the first half of 2023, the countries of the European Union (EU) – Italy, Greece, Bulgaria and Romania increased gas imports from Azerbaijan by 8.9% compared to the same period last year, to 241,875 thousand terajoules. The cost of gas imported fro…
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