The capitalization of the banking sector of Azerbaijan in October 2018 amounted to 4.7 billion manats, which is 12.43 percent more than the figure at the beginning of the year, Trend reports referring to the Financial Market Supervision Authority (FIMSA). As the FIMSA report said, the total assets of banks …

Nar offers new affordable roaming packages for subscribers traveling abroad during winter season and New Year’s Eve. From now on Nar subscribers can use 4 new roaming packages, which are available at affordable prices while travelling abroad. All they need is order one of the roaming packages when traveling. “Roaming …

Import and export operations between Azerbaijan and Belarus reached $186 million in 11 months of this year, which is about $26 million more against the same period of 2017, according to the National Statistical Committee of Belarus. The volume of imports from Belarus to Azerbaijan amounted to $165,377,000, while exports …

Chairman of the Azerbaijan-Ukraine International Alliance Elmar Mammadov and head of Volyn Regional State Administration Alexander Savchenko discussed the ways of developing tourism relations between the two countries. Mammadov called on Ukrainian companies to invest in the development of tourism in Azerbaijan. He said that transparent conditions have been created …

Zaur Hasanov, head of the “Antique Period Archaeology” department, Institute of Archeology and Ethnography of ANAS, currently is engaged in the “Knowledge Exchange and Academic Cultures in the Humanities. Europe and the Black Sea Region” Project financed by European Commission’s HORIZON 2020 program. Zaur Hasanov participated at the presentation of …

The closing ceremony of “Nakhchivan, the Capital of Islamic Culture-2018” has been held at Heydar Aliyev Palace in the city of Nakhchivan. Prior to the event, Deputy Director General of the Islamic Educational, Scientific and Cultural Organization (ISESCO) Amina Al-Hajri, Azerbaijan’s Minister of Culture Abulfas Garayev and members of the …

Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged last week. Accordingly, at the end of the week, the average rate was 1.7 AZN/USD. Official AZN/USD exchange rate December 3 1.7 December 10 1.7 December 4 1.7 December …

Azerbaijan will open two wine houses in Moscow in 2019, said Minister of Economy and Industry Shahin Mustafayev at the 17th Azerbaijan-Russia Intergovernmental Commission on Economic Cooperation held in the Russian capital. The minister also revealed plans to launch wine houses in the Russian cities of Yekaterinburg and Saint Petersburg.

President of the Republic of Azerbaijan Ilham Aliyev, First Lady Mehriban Aliyeva and their daughter Leyla Aliyeva have viewed an exhibition marking the 90th anniversary of People`s Artist of Azerbaijan and the USSR, hero of Socialist Labor, holder of state prizes, world-renowned artist Tahir Salahov. Arranged at Baku Expo Center, …

The annual volume of waste per capita in developed countries ranges within 400-500 kilograms, while in Azerbaijan, this figure is 350 kilograms, Chairman of the Board of Tamiz Shahar OJSC Etibar Abbasov said, Trend reports. He made the remarks at the 5th Inter-Parliamentary Union Global Conference of Young Parliamentarians in …