ECONOMY

NEWS

Prolonged sitting increases the risk of death from cancer

ECONOMY
A new study has revealed that sitting for more than 30 minutes at a time during the day increases the risk of death from cancer. Experts state that even light activities, such as a short walk in the office or household chores, can reduce this risk. elchi reports that researchers from the University of Glasgow […]
NEWS

Direct flights between Baku and Bratislava to be launched

ECONOMY
Heydar Aliyev International Airport continues to expand its route network. Starting from September 29, 2026, Wizz Air, Europe’s largest low-cost airline, will launch direct regular flights on the Bratislava – Baku – Bratislava route. Flights will be operated twice a week, on Tuesdays and Saturdays. According to the information provided by the airport to elchi, […]
NEWS

“AzerGold” has introduced silver bullion to the local market for the first time

ECONOMY
“AzerGold” CJSC has started selling 999.9 fineness silver bullion produced from local raw materials for the first time, with the aim of meeting the demand for silver bullion in the country through local products and expanding investment opportunities. According to the information provided by “AzerGold” to elchi, the rapid development of green energy technologies in […]
NEWS

The price of gold in commodity markets is approaching $4,200

ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has increased. elchi reports, citing stock exchange data, that the value of August 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 1.56% to 4,190.1 US dollars.   The price of September […]
NEWS

Today’s currency exchange rates

ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. elchi-ın məlumatına görə, on July 3, the US dollar exchange rate remained unchanged at 1.7000 manats. The Turkish lira depreciated to 0.0363 manats, while, in turn, 100 Russian rubles appreciated to 2.1915 manats, and the euro rose to 1.9459 manats.
NEWS

The market share of the “Yandex” search engine in Azerbaijan has decreased 16 times in the last two months

ECONOMY, NEWS FEED
In June of this year, the market share of the “Google” search engine across all platforms (computers, mobile devices, and tablets) in Azerbaijan accounted for 98.51%. According to the news reported by “Elchi” citing the latest report from the “Statcounter” agency, this is 4.32 percentage points higher than in May and 18.62 percentage points higher […]
NEWS

Azerbaijan signed a document on goods and services with the Dominican Republic

ECONOMY
A bilateral protocol has been signed between Azerbaijan and the Dominican Republic. According to the information provided to elchi by the Ministry of Economy, the document was signed within the framework of Azerbaijan’s accession process to the World Trade Organization. It should be noted that within the framework of Azerbaijan’s accession process to the World […]
NEWS

BTC pipeline operatorship transferred to SOCAR

ECONOMY
Today, an event was held at the Sangachal Terminal to mark the 20th anniversary of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the transfer of the operatorship of the BTC and the unified operatorship of the BTC and South Caucasus Pipeline (SCP) systems to SOCAR. According to information provided to elchi by SOCAR, bp’s regional […]
NEWS

Gold has become cheaper, while silver has become more expensive

ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has decreased. “Elchi” reports, citing exchange data, that the value of June 2026 gold futures per troy ounce on the New York COMEX commodity exchange decreased by 0.2% to 4,074.2 US dollars. Meanwhile, the price of July 2026 silver futures […]
NEWS

Construction of the Asgaran–Khojaly–Khankendi highway is 86 percent complete

ECONOMY
The construction of the Asgaran–Khojaly–Khankendi highway, which will ensure that those traveling to the cities of Khankendi, Shusha, and Lachin reach their destinations in a shorter, more comfortable, and safer manner, is successfully continuing. According to the information provided to elchi by the State Agency of Azerbaijan Automobile Roads, the 14.1-kilometer-long Asgaran–Khojaly–Khankendi highway, being built […]