Currently, the exchange rate of the manat is determined amid wide supply channels in the local foreign exchange market, which has a downward effect on the inflation rate and inflation expectations.
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Azerbaijani startup project Paymes is teaming up with Arab company PayTabs to enter the Middle East and North Africa markets, Paymes Growth Manager Tariyel Aghazada told Trend this Monday.
The US Department of State posted on Twitter that the United States welcomes the recent bilateral call between the Foreign Ministers of Armenia and Azerbaijan, and Azerbaijani President Ilham Aliyev’s commitment to peace negotiations.
The preparatory works for the Fifth Congress of the World Azerbaijanis are nearing completion.
It was stressed in the program that "the Armenian Prime Minister is coming to Russia on an official visit.
A ceasefire violation by the Armenian side has been recorded in the Karabakh region of Azerbaijan, in the area of temporary deployment of the Russian peacekeepers, the Russian Defense Ministry said to journalists on Sunday.
Europe is frantically looking for an alternative to Russian gas, and one country has expressed its willingness to become that alternative in gas supply for many countries.
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has met with the President of the Republic of Azerbaijan, Ilham Aliyev, at the Azerbaijani capital, Baku.
Oil & gas continue to dominate Azerbaijan’s economy and provide most of its export and government revenue.
Important issues of strategic cooperation between Georgia and Azerbaijan were discussed on Friday in a meeting between Levan Davitashvili, the Georgian Economy Minister, and Ilham Aliyev, the President of Azerbaijan.
Georgian-Azerbaijani strategic cooperation and historic ties were discussed by Levan Davitashvili, the Georgian Economy Minister, and top officials of the host country, the Economy Ministry announced on Friday.
Ilham Aliyev receives Albanian Prime Minister Edi Rama in capital Baku
The international community openly warns about the danger of being the only country in the world that does not recognize the territorial integrity of Turkey's ally Azerbaijan.
Prime Minister of Armenia said that Yerevan and Baku should sign a peace treaty as soon as possible.
"The Khachinchay reservoir is located right under Mount Farrukh, right above the village of Farrukh, and the Armenian military positions jeopardized the operation of this reservoir," President Ilham Aliyev said at the cabinet meeting in Baku on April 13.
In his speech at the cabinet meeting President of Azerbaijan Ilham Aliyev said that a new alternative road bypassing Lachin is expected to be commissioned this year.
"This is a very positive moment, and I think it is a fundamental condition for the normalization of bilateral relations. It was decided that working groups would be set up to deal with the border issues and with the drafting of a peace treaty."
"Right now, the processes in the world have taken a negative direction. Clashes, wars erupt and there are different opinions on how to ensure stability in the future. Food shortages may start in the world, food prices are rising", President of Azerbaijan Ilham Aliyev said at a cabinet meeting in Baku.
"In the territory of Karabakh, where Armenians now live, the gas pipeline malfunctioned and there was no gas there for some time. The whole world started screaming that Azerbaijan had unleashed a humanitarian crisis there."
"The planning of drinking water sources is now underway in the liberated lands. A priority among these efforts is, of course, the Shusha drinking water project. Residential houses are being built in Shusha and residents will soon return there. Therefore, the Shusha drinking water project should be fully commissioned this year," President Ilham Aliyev said at a cabinet meeting.
Retail buyers in Azerbaijan spent AZN 125.6 million on computer and telecommunications equipment and printed products in the period from January to March of this year.
Minister of Foreign Affairs of Azerbaijan Jeyhun Bayramov had a phone conversation with Minister of Foreign Affairs of Armenia Ararat Mirzoyan on April 11.
The State Oil Company of Azerbaijan (SOCAR) has donated extra fuel of over 100 tons to Ukraine, Report says citing the Ukrainian subsidiary of the company, SOCAR Energy Ukraine.
Mekorot will create and design a master plan for the water sector for agriculture for the Azeris for several million shekels with the possibility of expanding the agreement in the future.
