Foreign nationals’ bank deposits in Azerbaijan top 1.58 billion manats
Deposits held by non-resident foreign nationals in Azerbaijani banks rose to 1.584 billion manats in August. The share of funds held in the national currency...
Author : rashadamiraliyev
Azerbaijan’s banking sector climbs two notches in S&P country risk assessment
Central Bank of Azerbaijan (CBA) Governor Taleh Kazimov says the country’s banking sector has moved up two groups, from Group 9 to Group 7, in...
Baku forum yields 11 agreements across 10 sectors
A dedicated session of the latest International Investment Forum in Baku produced 11 signed agreements and contracts spanning a wide range of economic sectors. The...
Central bank governor: reserves cover 41 months of imports
Azerbaijan’s strategic foreign currency reserves are large enough to cover 41 months of the country’s imports, Central Bank of Azerbaijan (CBA) Governor Taleh Kazimov said...
Azerbaijan has invested $25 billion in Karabakh over six years, finance minister says
Azerbaijan’s Finance Minister Sahil Babayev said Karabakh and East Zangezur have received $25 billion in investment over the past six years. He made the remarks...
Russell fastest in Baku qualifying
Mercedes driver George Russell claimed pole position in qualifying for the Formula 1 Azerbaijan Grand Prix. Ferrari’s Charles Leclerc finished second, with McLaren’s Oscar Piastri...
French actress Marina Vlady dies at 88
French actress, singer and writer Marina Vlady has died at the age of 88, her family told AFP. The actress died at her home the...
Foreign visitor numbers to Azerbaijan fall 7.8% in eight months
Azerbaijan received 1.586 million foreign nationals and stateless persons from 191 countries in January-August, down 7.8% from the same period last year, the State Statistics...
Azerbaijan to raise military salaries by 22.8% on average
Salaries for Azerbaijan’s Defence Ministry servicemen, after taxes and other mandatory payments, will rise by an average of 22.8%, under a bill discussed at the...
Swedish fashion giant H&M to open first Baku store at Ganjlik Mall
Swedish clothing retailer H&M is entering the Azerbaijani market, with its first store set to open at Ganjlik Mall in Baku on October 17, 2026....