Azerbaijani Embassy headquarters inaugurated in Muscat

MUSCAT : The official opening ceremony for the new Embassy of the Republic of Azerbaijan was held in Muscat today under the patronage of Jeyhun Bayramov, Minister of Foreign Affairs of Azerbaijan in the presence of Sayyid Badr bin Hamad Al...

Card transactions in Azerbaijan slightly increase in value but drop sharply in number

As of the end of September this year, the number of transactions made using local cards issued by resident financial institutions in Azerbaijan totaled 63.7 thousand, with the total transaction value reaching 64.52 million manats, Azernews...

Azerbaijan's Central Bank reports relative stability of manat in October figures

Azerbaijan's Central Bank reports relative stability of manat in October figures 29 October 2025 17:02 (UTC+04:00) As of October 1, the Azerbaijani manat’s overall nominal effective exchange rate stood at 102.6 percent, Azernews reports, citing...

Azerbaijan's green leap as strategic imperative sets course for sustainable tomorrow

With a proposed budget of $100 million over five years, GEFF-Azerbaijan aims to channel green financing through local banks, microfinance institutions, and leasing companies. The goal? To empower private borrowers who are investing in energy...

Finance Ministry reveals structure of Azerbaijan's domestic public debt

As of October 1, 2025, domestic public debt amounted to 17,046.8 million manats, or 13.1 percent of the projected GDP for 2025, APA-Economics reports, citing the Ministry of Finance. It was noted that compared to January 1, 2025, the domestic...

Azerbaijan discusses potential investment projects with EU

Potential investment projects between Azerbaijan and the European Union (EU) were discussed, APA-Economics reports. A meeting was held with EU representatives at the Ministry of Economy. Advisor to the Minister of Economy Asgar Alakbarov met with...

Azerbaijan, Türkiye sign memorandum of understanding on insurance sector

A Memorandum of Understanding on strengthening mutual cooperation in the insurance sector between Azerbaijan and Türkiye has been signed, the Central Bank told APA-Economics. According to the information, CBA Chairman Taleh Kazimov received a...

Azerbaijani Speaker Sahiba Gafarova: The history of Azerbaijani statehood is one marked by profound trials and remarkable victories

Baku, October 29, AZERTAC “The history of Azerbaijani statehood is one marked by profound trials and remarkable victories. After restoring its independence in 1991, Azerbaijan faced a complex and challenging situation across political, economic,...

Azerbaijan, Oman discuss deepening partnership during official talks [PHOTOS]

Azerbaijan’s Foreign Minister Jeyhun Bayramov met with his Omani counterpart, Badr al-Busaidi, during an official visit to the Sultanate of Oman, the Ministry of Foreign Affairs of Azerbaijan reported on its “X” account, Azernews reports. The...

Azerbaijan, Oman discuss cooperation

Baku, October 29, AZERTAC On October 29, as part of his official visit to the Sultanate of Oman, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Sayyid Asaad bin Tariq Al Said, Special Representative of the Sultan of Oman. The sides hailed...

Baku hosts the 13th International Caspian Energy Forum

Baku, October 29, AZERTAC The 13th International Caspian Energy Forum, one of the main events in the energy sector of the Caspian, Black Sea, and Baltic regions, got underway in Baku. The forum will bring together representatives from business,...

Azerbaijani FM meets Oman's Deputy PM to discuss strengthening bilateral ties and regional cooperation-

As part of his official visit to the Sultanate of Oman, Azerbaijani Foreign Minister Jeyhun Bayramov met with Sayyid Asaad bin Tariq Al Said, the Special Representative of the Sultan of Oman, MFA told APA. During the meeting, the sides expressed...

Azerbaijan and Belarus to establish agrarian township in Aghdam’s Gyzyl Kengerli village -PHOTO

A delegation led by Samir Sharifov, Deputy Prime Minister and Co-Chair of the Azerbaijan-Belarus Joint Intergovernmental Commission on Economic Cooperation from Azerbaijan, and Natalia Petkevich, Deputy Prime Minister and Co-Chair from Belarus,...

Azerbaijan strengthens green financing framework for renewable energy projects, says official

Azerbaijan is expanding opportunities for “green financing” to support renewable energy projects, officials said at the 13th Caspian Energy Forum in Baku, Azernews reports. Rza Naghiyev, Director of the Finance Department of SOCAR Green LLC,...

Central Bank of Azerbaijan strengthens cybersecurity in financial sector

The Central Bank of Azerbaijan (CBA) and the Electronic Security Service (ESS) under the Ministry of Digital Development and Transport are strengthening cooperation on information security and cybersecurity in the financial sector, APA-Economics...

Azerbaijan, Oman FMs meet in Muscat, pledge deeper cooperation

Azerbaijan’s Foreign Minister Jeyhun Bayramov met with his Omani counterpart, Sayyid Badr bin Hamad Al Busaidi, in Muscat on Wednesday to explore new avenues for cooperation across economic, trade, humanitarian, and cultural fields. During the...

Azerbaijan and Belarus officials visit second residential complex under construction in Aghdam

The co-chairs of the Joint Intergovernmental Commission on Economic Cooperation between the Republic of Azerbaijan and the Republic of Belarus — Deputy Prime Minister of Azerbaijan Samir Sharifov and Deputy Prime Minister of Belarus Natalya...

CBA discusses strengthening capital market infrastructure [PHOTOS]

The Central Bank of Azerbaijan (CBA) has held a meeting focused on enhancing the infrastructure of the country’s capital markets, Azernews reports, citing the CBA. Deputy Chairman of the Central Bank Ali Ahmadov met with the heads of the...

Azerbaijan`s Sheki hosts First ECO Silk Road Working Group meeting

Sheki, October 29, AZERTAC The first meeting of the Economic Cooperation Organization (ECO) Silk Road Working Group, organized by the Azerbaijan State Tourism Agency, commenced in Sheki on October 29. The event includes discussions on prospects...

Azerbaijan's strategic currency reserves exceed foreign state debt by almost 17 times

As of October 1, 2025, the country's strategic foreign exchange reserves (State Oil Fund of the Republic of Azerbaijan and Central Bank of the Republic of Azerbaijan) amounted to 81.5 billion US dollars, which exceeds the external public debt by...