Baku: The Board of the Central Bank of Azerbaijan (CBA) has announced its next decision regarding the interest rate, APA-Economics reports. The Central Bank has maintained the interest rate at 7.25%. Additionally, the lower limit of the interest rate corridor remains at 6.25%, while the upper limit is held at 8.25%. According to Azeri-Press News … Read more
Brussels: A delegation led by Mukhtar Babayev, COP29 President and the Representative of the President of Azerbaijan for Climate Issues, is attending the COP30-IEA (International Energy Agency) High-Level Energy Dialogue conference in Brussels, Belgium, APA reports. According to Azeri-Press News Agency, addressing the conference, COP29 President Mukhtar Babayev highlighted the importance of ensuring a fair … Read more
Baku: Special forces from Azerbaijan, Trkiye, Uzbekistan, Kazakhstan, and Pakistan are set to participate in the Eternal Brotherhood-IV multinational exercise in September 2025. On June 10, a final planning conference was held in Baku to prepare for this event, APA reports citing Ministry of Defense of the Republic of Azerbaijan. According to Azeri-Press News Agency, … Read more
Baku: In 2017, Azerbaijan faced serious and unfounded accusations at the international level. At that time, Azerbaijan was accused of sending weapons to terrorist groups in Syria via diplomatic flights. These allegations, which were spread in Bulgaria and later widely circulated on pro-Russian media platforms, stated that the Azerbaijani company Silk Way Airlines allegedly transported … Read more
New York: The main index indicators of world stock markets reflected a mixed performance as trading sessions concluded on June 10. In the U.S. stock markets, notable gains were recorded across major indices. The Dow Jones index saw an increase of 0.25%, closing at 42,866.87 points, while the S and P 500 index rose by … Read more
Baku: President of the Islamic Republic of Mauritania, Mohamed Ould Cheikh El-Qazuani, has sent a congratulatory letter to President of Azerbaijan Ilham Aliyev on the occasion of the national holiday, May 28, Independence Day. According to Azeri-Press News Agency, the letter was sent as a gesture of goodwill and to strengthen the diplomatic relations between … Read more
Baku: A meeting between Azerbaijan’s Ministry of Finance and the World Bank took place on June 11, focusing on the future of their collaborative efforts. The session was attended by Anar Karimov, the First Deputy Minister of Finance, along with Stefanie Stahlmeister, the World Bank’s Country Manager for Azerbaijan, and Adrian Fozzard, the Head of … Read more
Baku: Sheikhulislam Allahshukur Pashazade, Chairman of the Caucasus Muslims Office, has conveyed serious concerns in a letter addressed to Jerry Pillay, General Secretary of the World Council of Churches (WCC). The letter, reported by the Azeri-Press News Agency (APA), expresses a desire to welcome Pillay to Azerbaijan and criticizes the Armenian Church’s actions, which are … Read more
