Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according ...

The Central Bank of Azerbaijan (CBA) forecasts the average oil price for 2025 at $77.3 per barrel, the chairman of the CBA, Taleh Kazimov, stated at a press conference. Azerbaijan's Minister of ...

The net profit of the American oilfield services company Halliburton Inc. in 2024 amounted to $2.501 billion, which is a 5.2% decrease compared to the previous year. According to the company’s ...

Azercell’s AI-powered "AI Chat Bot" service is now available for iOS users. Designed to deliver the best customer experience, the new solution offers 24/7 assistance to address subscriber inquiries ...

As the world economy braces for another year of tepid expansion, Azerbaijan finds itself navigating a complex landscape of opportunities and risks. The World Bank’s Global Economic Outlook 2025, ...

In 2023, Azerbaijan produced 4 million 369.8 thousand tons of fuel (automotive gasoline, diesel fuel, and aviation kerosene), whereas last year the total volume amounted to only 3 million 906.9 ...

The Trans Adriatic Pipeline (TAP AG) consortium has developed a roadmap for preparing to transport hydrogen, according to TAP AG. “TAP’s g ...

'Expressbank' has released its financial results for 2024. Last year, the bank earned AZN 11.2 million in net profit, which is down by 6.5 ...

In December 2024, the State Customs Committee (SCC) transferred 646.45 million manat to the state budget, the SCC’s website. According to the data, this is a 4.4% increase compared to the same period ...

Zarifa Hamzaeva, the owner of 84.5% of Premiumbank's shares, has passed away, the Bank reported. She was also the wife of Jahangir Askerov, the founder and president of Gazelly Group, the leading ...

Azerbaijan and Armenia have agreed to commence the next stage of delimitation work up to the Iranian border. This agreement was reached during the meeting of the state border delimitation and security ...

A delegation of the Georgian government headed by Irakli Kobakhidze arrived in Azerbaijan on Friday. Within the framework of the visit, a meeting of the Georgian-Azerbaijani intergovernmental ...