Ilham Aliyev, President of the Republic of Azerbaijan, made a phone call to Masoud Pezeshkian, President of the Islamic Republic of Iran, on July 9, Azernews reports. President Ilham Aliyev congratulated Masoud Pezeshkian on his election as the President of the Islamic Republic of Iran, and wished him success in his activities. …
Read More »featured
SOCAR well-positioned to cover debt commitments through 2024-25, says Moody’s
The forecasted cash generation of the State Oil Company of Azerbaijan (SOCAR) of around 2 billion manats ($1.176 billion) over 2024-25 should be sufficient to cover estimated debt maturities of 9.3 billion manats ($5.47 billion) over this period, according to the rating action of the Moody’s international rating agency, according …
Read More »Turkiye to host Azerbaijani Culture and Literature Week
Director of the Azerbaijan Cultural Center in Turkiye Samir Abbasov has met with the director of Directorate of Culture and Tourism of Konya, Azernews reports. During the meeting, the sides hailed the high-level relations between the two states in all fields and exchanged views on the perspectives of cultural cooperation. Among the …
Read More »Azerbaijan accelerates tourism revitalization in liberated territories ahead of COP29
Azerbaijan is actively restoring and revitalizing its economy in the territories liberated from occupation, particularly in Garabagh, directing all state resources and capacities toward establishing local economies at the most modern standards. This effort is a pivotal focus area under the “Azerbaijan 2030: National Priorities for Socio-Economic Development” program, emphasizing …
Read More »Azerbaijan-Iraq business forum to be held in Baku
Azerbaijan and Iraq have recently agreed to hold the next business forum in Baku. Azernews reports that Azerbaijan’s ambassador to Iraq, Nasir Mammadov, shared this information on X. He mentioned having a meeting with Abdul Razzaq al-Zuheyri, Chairman of the Federation of Iraqi Chambers of Commerce: ‘We discussed the current state …
Read More »Azerbaijan, China support each other on path of common development and prosperity
“China resolutely supports the peace agenda proposed by Azerbaijan and considers counterproductive geopolitical intrigues aimed at maintaining confrontation,” said the “Joint Declaration of the Republic of Azerbaijan and the People’s Republic of China on the establishment of a strategic partnership adopted on July 3 in Astana. According to the document, …
Read More »Goygol district gets ready for Nomadic Culture Festival
Azerbaijan’s Goygol district gets ready for Nomadic Culture Festival scheduled for July 5-7, Azernews reports. The event is co-organized by Javad Khan History and Culture Foundation and Kap.az – Different Tourism LLC, State Tourism Agency, Ministry of Youth and Sports, Turkish Cooperation and Coordination Agency (TIKA), World Ethsport Confederation with the support …
Read More »Meeting between Presidents of Azerbaijan and Kazakhstan held in Astana
President of the Republic of Azerbaijan Ilham Aliyev held a meeting with President of the Republic of Kazakhstan Kassym-Jomart Tokayev in Astana, Azernews reports. Speaking at the meeting, President of Kazakhstan Kassym-Jomart Tokayev said: – Dear Ilham Heydarovich, I sincerely welcome you to Astana. I am delighted to see you. I always …
Read More »President Ilham Aliyev sends letter to President of Belarus
President of Azerbaijan Ilham Aliyev has sent a letter of congratulation to President of Belarus Aleksandr Lukashenko on the occasion of the country’s national holiday, Independence Day, Azernews reports. The letter reads: “Dear Aleksandr Grigoryevich, Please, accept my sincere congratulations and best wishes on the occasion of your national holiday – the …
Read More »SOCAR leads in tax payments from fuel sales in Ukraine
In the first quarter of this year, “SOCAR Ukraine,” a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR) in Ukraine, was the leading company in terms of tax payments from fuel sales, Azernews reports, citing “Unian”. This was revealed in a study conducted by specialists from the Ukrainian …
Read More »