BAKU, Azerbaijan, The price of Azeri LT CIF Augusta grew by $2.56 on December 1 compared to the previous price, amounting to $90.38 per barrel, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan amounted to $87.5 per

BAKU, Azerbaijan, Azerbaijan’s Central Bank (CBA) has launched the system for issuing securities, Trend reports citing the CBA. According to the bank, the main purpose of the system is to create flexible financial opportunities in the market by implementing electronic services in the capital market and increasing the accessibility of

BAKU, Azerbaijan, A new chairman of the board of “Gunay Sigorta” insurance company has been appointed, Trend reports via the company’s statement.   Hikmet Salmanov, Executive Director of Gunay Bank, has been elected Chairman of the Board of Directors of the insurance company by the shareholders.   Previously, Acting Chairman

BAKU, Azerbaijan, The master plan for the second construction phase of the Baku Port’s expansion will be designed by the Dutch Royal HaskoningDHV consultancy by mid-2023, Director-General of the Baku International Sea Trade Port Taleh Ziyadov said, answering a question from Trend.   According to him, the Port is expected

BAKU, Azerbaijan, Azerbaijan is taking complex measures to ensure grain reserves, Deputy Chairman of the State Reserves Agency Hidayat Azimov said at a joint meeting of the Azerbaijani Parliament’s committees on economic policy, industry and entrepreneurship, and agrarian policy on December 2, Trend reports.   According to Azimov, there are