Legal Rights

Azerbaijan provides Ukraine with humanitarian assistance – electrical equipment worth 1.5 million manat

Azerbaijan provided humanitarian assistance to Ukraine – 45 power transformers and fifty generators to restore a stable power supply to the territories affected by the hostilities. The first part of this humanitarian aid allocated by “Azerenergy” OJSC was sent by road from the Gobi energy hub on December 10.   For the complete delivery of […]

Industry

Iranian currency rates for December 11

BAKU, Azerbaijan, The Central Bank of Iran (CBI) announced an official rate of foreign currencies on December 11, Trend reports referring to CBI.   According to the currency exchange rate of the Central Bank of Iran, 4 currencies increased and 29 have decreased in price, compared to December 10.   According to CBI, $1 equals […]

Industry

OPEC+ to continue playing key role in development of global oil market — secretary-general

The OPEC+ agreement continues to play a vital role in ensuring stability and development of the global oil market six years after its conclusion, said OPEC Secretary-General Haitham al-Ghais, Trend reports citing TASS.   The agreement on limiting oil production between OPEC countries and 11 non-cartel countries was signed on December 10, 2016 amid declining […]

Miscellaneous

Roots of “Armenian love” of arrested Eva Kylie (Research)

BAKU, Azerbaijan, The scandal with the detention in Brussels on the corruption case of the Vice-President of the European Parliament, Eva Kylie, is gaining momentum.   The former MEP and the head of the European Trade Union Confederation are also among the people detained by the Belgian Federal Prosecutor’s Office. The police, after conducting searches […]

Industry

Azerbaijani SOFAZ talks main goals of its investment strategy

BAKU, Azerbaijan, The investment strategy of the State Oil Fund of Azerbaijan (SOFAZ) is primarily aimed at ensuring macroeconomic stability, SOFAZ Executive Director’s Adviser Bahruz Bahramov told Trend.   According to Bahramov, the strategy is also aimed at reducing the negative effects of economic shocks on the economy of our country, that is, it plays […]