Day: January 28, 2022

Azerbaijani oil prices down

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, declined by 67 cents on Jan. 27 compared to the previous price, settling at $93.17 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on

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Azerbaijan Entrepreneurship Dev’t Fund talks soft loans for 2022

The Azerbaijan Entrepreneurship Development Fund plans to allocate soft loans worth 140 million manat ($82.3 million) in 2022 for the implementation of 1,902 projects, the fund’s acting board chairman Osman Khaliyev said at a briefing following the results of 2021, Trend reports. “In early 2021, the strategic plan for the activities of

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Philips and University Hospital Brandenburg an der Havel sign 10-year partnership to advance patient care

January 28, 2022 Major German University Hospital secures long-term access to the latest health technology through renewal of diagnostic and image-guided therapy solutions Philips to deliver new and upgraded hybrid operating room and interventional suites Agreement includes training and education for hospital’s clinicians and medical technologists Amsterdam, the Netherlands –

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Central Bank of Azerbaijan increases interest rate

The Board of the Central Bank of Azerbaijan (CBA) has decided to raise the interest rate by 0.25 percentage points from 7.25 percent to 7.5 percent, Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at a press conference, Trend reports. Rustamov said that the upper limit

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Azerbaijan reveals inflation rate for 2021

The inflation rate amounted to 6.75 percent in Azerbaijan in 2021, Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at a press conference, Trend reports. Rustamov said that the export prices increased by more than 20 percent, moreover, the transportation costs of goods increased in Azerbaijan

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