ECONOMY

NEWS

Additional train services assigned on Baku-Agstafa-Baku route – SCHEDULE

— ECONOMY
“Azerbaijan Railways” CJSC (ADY) has assigned additional train services on the Baku-Agstafa-Baku route on February 7 and 8 in order to meet the increasing passenger demand. According to the information provided by ADY, passengers can also travel on these routes with the daily Baku-Gazakh-Baku route. It should be noted that tickets can be purchased from […]
NEWS

Azerbaijan’s external public debt has decreased

— ECONOMY
As of January 1, 2026, the external public debt amounted to 4,813.5 million US dollars, or 6.3 percent of the actual GDP in the amount of 129,094.0 million manats (75,937.6 million US dollars) for 2025. This is reported by Elchi.az with reference to the Ministry of Finance. According to the information, the external public debt […]
NEWS

Gold price exceeds $5,100 again

— ECONOMY
The price of gold futures per troy ounce (31.1 grams) has increased in commodity markets. Elchi.az reports with reference to exchange data that the price of February 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 3.35% to $5,100.46. The price of March 2026 futures for one […]
NEWS

Oil prices rise again in world markets

— ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the value of the April 2026 contract for Brent oil exports increased by 0.82% to $67.88 per barrel. According to Elchi.az, the price of 1 barrel of WTI oil for export in March 2026 on the New York Mercantile Exchange “NYMEX” also increased by 1.03% to […]
NEWS

Events dedicated to WUF13 held at UN Headquarters in New York

— ECONOMY, WORLD
The Thirteenth Session of the World Urban Forum (WUF13), which will be held on May 17-22, 2026, on the theme “Housing for All: Safe and Sustainable Cities and Settlements,” has been presented at a number of high-level international events. Elchi.az reports that on January 29, the meeting of the Group of Friends on sustainable urbanization […]
NEWS

Online event dedicated to WUF13 held with the participation of 32 parliamentarians from 30 countries

— ECONOMY, WORLD
An international online event dedicated to WUF13 on the topic “The Role of Parliaments in the Development of Sustainable Cities and the Promotion of Sustainable Urban Development” was held with the participation of 32 parliamentarians from 30 countries around the world. Elchi.az reports that the main goal of the event, held on January 30, was […]
NEWS

ADSEA: Call Center answered 832,961 applications last year

— ECONOMY
The 955 Call Center of the Azerbaijan State Water Resources Agency (ADSEA) operates around the clock to promptly receive citizens’ complaints and appeals and take appropriate measures. Elchi.az was informed about this by ADSEA. According to the information, the Call Center operating under the unified system of the Agency receives applications live, via voice message […]
NEWS

Azerbaijan upgrades international backbone internet infrastructure

— ECONOMY
“Aztelekom” LLC is strengthening its infrastructure base for the transmission of international internet traffic over the backbone fiber-optic network. This was reported to Elchi.az from the company. Thus, starting from the current month, the company is starting to expand its network (DWDM) based on the existing high-capacity fiber-optic transmission technology and update the relevant software. […]
NEWS

Official of “Fintrend” NBCO fined 2,000 manats

— ECONOMY
The Central Bank of Azerbaijan (CBA) has fined an official of “Fintrend” NBCO LLC 2,000 manats. Elchi.az reports with reference to the CBA. According to the information, within the framework of ongoing control processes carried out by the CBA, the official of “Fintrend” Non-Bank Credit Organization Limited Liability Company was fined 2,000 manats by the […]
NEWS

Oil prices continue to fall in world markets

— ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the value of the April 2026 contract for Brent crude oil decreased by 0.5% to $65.97 per barrel. According to Elchi.az, the price of 1 barrel of WTI crude oil for export in March 2026 on the New York Mercantile Exchange “NYMEX” also decreased by 0.43% […]