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The value of mortgage loans issued in Azerbaijan at the expense of the country’s Mortgage and Credit Guarantee Fund since 2006 has reached 1.2 billion manats, and the number of families the housing conditions of which have been improved thanks to mortgage loans, has reached 25,000 people, Trend reports referring …

Organized by the Office of the United Nations High Commissioner for Human Rights, the 11th Session of the UNForum on Minority Issues has been held in Geneva, Switzerland.Azerbaijan was represented at the event by Head of the Department of Interethnic Relations, Multiculturalism and Religious Affairs of the Presidential Administration of …

1. The world’s first modern oil well was drilled in Baku, Bibi-Heybat. 2. In the repertoire of prominent Azerbaijan singer Rashid Behbudov there were about 30 songs about Baku. 3. Oil Rocks are included in the Guinness Book of Records as an ancient oil platform. 4. The Germans of Tovuz …

President of the Republic of Azerbaijan Ilham Aliyev has received President of the Chamber of Representatives of Uruguay Jorge Gandini. The head of state praised Jorge Gandini`s participation in the 6th Baku International Humanitarian Forum, describing this as a sign of Uruguay`s support for the forum and the country`s interest …

The intra-Syrian talks in Astana on January 23 resulted from active diplomatic efforts by Russia, Turkey and Iran. Currently the three are synchronizing their diplomacy and military operations in the Syrian conflict. Despite the tangled web of disagreements between external and internal actors, the regional powers know that resolving the …

18 October is a significant date for the people of Azerbaijan. On this day in 1991, the Supreme Council of the Republic of Azerbaijan adopted the Constitutional Act on State Independence. This marked the restoration of Azerbaijan’s statehood after 71 years within the USSR. On 29 December 1991, a nationwide …

The speedy development of modern civilization would be impossible without a major fuel and energy resources such as oil and gas. Azerbaijan is an oil-rich country possessing resources of hydrocarbon raw materials and has the richest history of its development and utilization. Currently research of the history of Azerbaijan’s oil …

Azerbaijan has increased the state budget’s parameters for 2016, despite projected oil prices having decreased by half The fall in global oil prices and the devaluation of the national currency give new urgency to the issue of the Azerbaijani government’s response to these new challenges. The administration ended up adjusting …

Baku, the capital of Azerbaijan, has been visited by many outstanding figures of music, literature and fine arts. Some of them just visited this city, while others lived and worked here. Among those who visited Baku in the XIXth century were French writer Alexandre Dumas, père; Russian artist count Grigoriy …

The advent of Islam in 7th century was a decisive turning point in the history of Azerbaijan. The religion of Islam gave strong impetus to the creation of a single nation with a single language in Azerbaijan. Acceptance of Islam had a significant impact on acceleration of the unification of …