ECONOMY

US President Donald Trump has announced his intention to further reduce oil prices. Elchi.az reports that Trump said this during his speech to the Republican faction in the US Congress House of Representatives. “I will meet with oil companies. You know what we’re talking about. We need to produce more oil, which will allow us […]

Last year, 65 new domains and 285 new subdomains were given to government agencies in Azerbaijan. Elchi.az reports this with reference to the Special Communication and Information Security State Service (XRİTDX). Last year, this indicator was 64 new domains and 367 subdomains, respectively. In December, 37 new subdomains were given to government agencies for use.

850 cyberattack indicators (IOC) were identified on government agencies in Azerbaijan last year. Elchi.az reports this with reference to the Special Communication and Information Security State Service (XRİTDX). 372 cyber threats were identified and blocked based on internal investigation, and 478 were identified based on investigation of incidents received from government agencies. In December, 99 […]

ADY’s Baku International Sea Port, part of AZCON Holding companies, transshipped over 100,000 TEU containers last year, marking a record performance in the port’s history. According to the information provided to Elchi.az from ADY, in 2025, when the port was integrated into ADY, a nearly 40 percent increase was recorded in the corresponding indicator compared […]

Azerbaijan has been highly evaluated in the World Bank’s Business Ready (B-READY) 2025 report for the utilities sector, particularly for internet services. Elchi.az reports that Azerbaijan ranks 5th among 101 countries in terms of operational efficiency of internet services in the report (5th place with 31.05 points). At the same time, the country is among […]

The Chamber of Accounts has prepared an audit report on analytical activities on the analysis of the draft budget of the Nakhchivan Autonomous Republic for 2026. Elchi.az reports with reference to the Chamber of Accounts. It was noted that the report on Analytical activities “Analysis of the draft budget of the Nakhchivan Autonomous Republic for […]

Azerbaijan’s expenses related to participation in international and regional financial institutions will increase in 2026. Elchi.az reports this with reference to the Ministry of Finance. According to the information, expenses for participation in the share capital of financial and credit organizations and membership fees to international and regional organizations are projected at 38 million manats […]

Azerbaijan’s expenses related to participation in international and regional financial institutions will increase in 2026. Elchi.az reports this with reference to the Ministry of Finance. According to the information, expenses for participation in the share capital of financial and credit organizations and membership fees to international and regional organizations are projected at 38 million manats […]

Starting from this morning, the value of 1 US dollar has exceeded 145,000 tomans and 1 euro has exceeded 171,000 tomans in Tehran’s free market. Elchi.az reports that local sources have released this information. The value of the Azerbaijani manat has also increased, reaching 74,700 tomans for 1 AZN.

The price of gold futures per troy ounce (31.1 grams) has increased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 gold futures per troy ounce on the New York COMEX commodity exchange increased by 0.49% to $4,473.1. The price of March 2026 silver futures per ounce […]