ECONOMY

NEWS

EBRD allocates 230 million euros for the development of the Trans-Caspian corridor

— ECONOMY
The European Bank for Reconstruction and Development (EBRD) is allocating 230 million euros for the development of the Trans-Caspian corridor. “Elchi” reports, citing the bank, that the EBRD will provide a loan of up to 230 million euros for a strategic road project in Kazakhstan to support the development of freight and passenger transport along […]
NEWS

Fertilizer sent to Armenia via transit through Azerbaijan

— ECONOMY
Another shipment from Russia to Armenia has been carried out via transit through Azerbaijan. “Elchi” reports that 6 wagons containing 408 tons of fertilizer were sent from Bilajari station towards Boyuk Kasik on June 23. It should be noted that so far, more than 33,000 tons of grain, over 7,000 tons of fertilizer, 133 tons […]
NEWS

Azerbaijani oil price dropped by more than 3%

— ECONOMY
The price of “Azeri Light” Azerbaijani oil has decreased in the world market. elchi reports that the price of 1 barrel of oil has decreased by 2.52 USD, or 3.04%, to 80.43 USD. It should be noted that the lowest price for “Azeri Light” oil was recorded on April 21, 2020 (15.81 USD), and the […]
NEWS

Oil prices continue to decline in global markets

— ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the price of the August 2026 futures contract for Brent crude oil decreased by 0.33% to $77.64 per barrel. According to elchi, the price of a barrel of WTI crude oil for August 2026 delivery on the NYMEX commodity exchange in New York also fell by […]
NEWS

Bitcoin price reaches $64,000

— ECONOMY
The total capitalization of the cryptocurrency market has increased by 0.01% over the last 24 hours, reaching $2.19 trillion. “Elchi” reports that the price of Bitcoin has reached $63,991, which represents a 0.16% increase over the last 24 hours. Ethereum has decreased by 0.11%, falling to $1,728. BNB’s price has risen by 0.19% to $590.8. […]
NEWS

Key index indicators of global stock markets

— ECONOMY
The latest trading session in global stock markets was marked by mixed dynamics. “Elchi” reports that in the US, the Dow Jones index rose by 148.01 points, or 0.29%, to 51,712.71 points. At the same time, the S&P 500 index fell by 0.37% to 7,472.79 points, and the Nasdaq Composite declined by 1.32% to 26,166.60 […]
NEWS

AQTA: No non-conformities detected in one-penny eggs in stores

— ECONOMY, NEWS FEED
No non-conformities detected in one-penny eggs in stores. elchi reports that information has been provided by the Azerbaijan Food Safety Agency (AQTA). It was stated that monitoring and inspection control measures are constantly carried out regarding the quality and safety indicators of table eggs. No non-conformities were detected during the inspections. The products were provided […]
NEWS

The Rules for determining target indicators for the medium-term period have been approved

— ECONOMY
The Rules for determining target indicators for the medium-term period have been approved. According to elchi, the Cabinet of Ministers has made a decision regarding this matter. The target indicators for the medium-term period determined by these Rules are indicative in nature and are used in forecasting state budget revenues for the medium-term period, determining […]