Oval Useful news from Azerbaijan and Caucasus

Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov has described as satisfactory the country’s financial sector. Addressing the presser of CBA and the Deposit Insurance Fund on June 1, Rustamov said: “The loan portfolio of banks has grown by 2.8 percent since the beginning of this …

Opera Europa spring conference has been successfully held. The conference brought together 193 members of the association. The conference focused on topics essential to the continued health of opera companies, where sharing and common actions may deliver benefits. The chief conductor and music director of the Azerbaijan State Academic Opera and Ballet Theater, Honored Artist Ayyub …

Azerbaijan’s satellite operation “Azercosmos” OSJC ended 2019 with a net profit of $2,13 million (AZN3.62 million), while the company’s total profit was $8,27 million (AZN14.04 million), the company reported in its report on financial results for 2019 on May 31. According to the financial report of Azercosmos, in 2019, the …

First Vice-President of  Azerbaijan Mehriban Aliyeva has made an Instagram post on the occasion of June 1- International Day for Protection of Children. A post on her official Instagram page says: “I sincerely congratulate our little compatriots on June 1 – International Day for Protection of Children. I wish all …

Every year, Children’s Day is celebrated in many countries across the world at different dates. June 1st is called International Children’s Day, while November 20th is known as World Children’s Day, or Universal Children’s Day. Azerbaijan celebrates International Day for Protection of Children on June 1. The holiday was proclaimed  by the Women’s …

On May 31, Azerbaijan`s Foreign Minister Elmar Mammadyarov had a telephone conversation with his Afghan counterpart Mohammad Haneef Atmar. Minister Atmar expressed that his country at the level of the Head of State attaches great importance to expanding the bilateral cooperation relations. He noted with satisfaction Azerbaijan’s support for international …

248 more cases of coronavirus infection have been recorded in Azerbaijan, two people have died, while 101 patients have been recovered and discharged from the hospital, the Task Force under the Cabinet of Ministers told AZERTAC. “The overall confirmed cases in Azerbaijan has reached 5,494, with 3,428 recoveries and 63 deaths, …