Prices for precious metals in Azerbaijan decline
The prices of precious metals lowered in Azerbaijan on June 14 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA). The price of gold decreased by 64.2855 manat or $37.81 (1.99 percent) and made up 3,165.5275 manat or $1,862.07 per ounce. The price of silver shrank by […]
Foreign currency demand of Azerbaijani banks down
The Central Bank of Azerbaijan (CBA) held a new foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on June 14, 2021, Trend reports referring to a source in the CBA. According to the source, the demand from banks at the auction decreased by 1 percent compared to the previous indicator and […]
Zangezur corridor to increase region’s transit, logistics potential – Azerbaijani minister
In accordance with the new reality that has emerged after the liberation of Azerbaijani territories from Armenian occupation, the Zangezur corridor, which connects the main part of Azerbaijan with the Nakhchivan Autonomous Republic, will increase the region’s transit and logistics potential, Minister of Economy of Azerbaijan Mikayil Jabbarov wrote on Twitter, Trend reports. According to […]
Trade turnover between Russia’s Ulyanovsk region, Turkmenistan increases
The trade turnover between Russia’s Ulyanovsk region and Turkmenistan amounted to $3.3 million in 2020, the press service of the governor and the government of the Ulyanovsk region told Trend. The import of cotton amounted to $1.2 million, the report said. “In 2019, the trade turnover amounted to $403,700, including exports – $60,100, imports – $343,600,” […]
NATO Reaffirms Strength of Alliance, Calls Out Russia, China
BRUSSELS – The 30 member states of NATO ended their Monday summit in Brussels, reaffirming the military alliance with a strong statement against Russia and to a lesser degree, China. Both countries were called out as “challenges to the rules-based international order.” In the final communique, leaders agreed to “open a new chapter in transatlantic relations,” […]
Biden Takes ‘America Is Back’ Message to Brussels
BRUSSELS – Joe Biden took his ‘America is Back’ message to Brussels, reaffirming the United States’ commitment to the North Atlantic Treaty Organization, in his first NATO summit as U.S. president Monday. “I just want all of Europe to know that the United States is there. The United States is there,” Biden said in his […]
Baku Higher Oil School hosts Graduation Ceremony of School of Project Management
Baku Higher Oil School (BHOS) hosted a graduation ceremony for students of M7 and M8 groups of the School of Project Management (SPM), a joint initiative of BHOS and the British company TwentyEighty Strategy Execution (STRATEX). This time, about 30 specialists from more than 14 organizations and companies graduated from the School of Project […]
Event on topic “University-Industrial cooperation: the experience of the OSTIM Technical University” held
On June 10, with an organizational support of the Ministry of Economy and the Sumgait Chemical Industrial Park LLC an event on the theme “University-Industrial cooperation: the experience of the OSTIM Technical University” was held. Representatives of the relevant state structures of Azerbaijan and Turkey, residents of the Sumgait Chemical Industrial Park took part in […]