ECONOMY

NEWS

The Agency introduced a temporary schedule for water supply by districts

ECONOMY
Technical work is underway to increase the amount of water received in reservoirs and the productivity of water treatment plants. This was reported to “Elchi” by the United Water Supply Service of Large Cities of the State Water Resources Agency of Azerbaijan. It was stated that within the framework of the work carried out in […]
NEWS

Average monthly salary of civil servants announced

ECONOMY
In 2025, the average monthly nominal salary of civil servants increased by 4.5% compared to the previous year, reaching 2059 manats. According to the information provided by the State Statistical Committee to elchi, as of January 1, 2026, the number of civil servants in the country was 27.3 thousand people. Women account for 31.4% of […]
NEWS

Shooting at a high school in the Philippines: 3 students killed

ECONOMY
A shooting has occurred at a high school in the Philippines. According to preliminary reports, 3 students have died and 5 students have been injured as a result of the incident. “Elchi” reports that the Philippine police have announced that the shooting at San Jose National High School was carried out by two male suspects. […]
NEWS

Iran: Progress has been made towards ending the war in Lebanon

ECONOMY
Iranian Foreign Minister Abbas Araghchi stated that significant progress has been made towards ending the war in Lebanon following the conclusion of the first round of talks between Iran and the US, mediated by Qatar and Pakistan. elchi reports that in a statement on the social media platform X, based in the US, Araghchi commented […]
NEWS

The impact of the Iran war on the Pentagon, the economy, and Trump

ECONOMY
With the signing of the agreement and the start of new negotiations, the US war with Iran has, at least for now, stopped. President Donald Trump says Americans have won. But what about the costs? elchi reports that in a social media post on Thursday, Trump used the phrase “Welcome!” and listed the benefits of […]
NEWS

USA and Iran reached an agreement regarding the Strait of Hormuz

ECONOMY
Following the memorandum of understanding signed between the USA and Iran on June 18, all attention turned to the meeting in Switzerland. Tehran announced that an agreement had been reached on the creation of a mechanism for the safe passage of ships in the Strait of Hormuz. Pakistan and Qatar also stated that the talks […]
NEWS

AZAL fleet adds fourth modern Airbus A320neo

ECONOMY
Azerbaijan Airlines (AZAL), one of the AZCON Holding companies, has strengthened its fleet with another modern Airbus A320neo aircraft. According to information provided to elchi by AZAL, the commissioning of the new aircraft serves to provide passengers with more comfortable and modern travel opportunities. The “Airspace” cabin enhances passenger comfort with a wider interior, special […]
NEWS

There will be no electricity in some areas of Yasamal and Nizami districts

ECONOMY
Today, there will be restrictions on the power supply in some areas of Yasamal and Nizami districts. According to the information provided to elchi by “Azerishig”, repair work will be carried out at the Transformer Station (TS) in the territory of the Yasamal District Energy Supply and Sales Department (RETSİ) on June 22. In this […]
NEWS

Wheat to be sent to Armenia via transit through Azerbaijan

ECONOMY
The next shipment from Russia to Armenia will be carried out via transit through Azerbaijan. “Elchi” reports that today, 7 wagons loaded with Russian-origin wheat with a total weight of 490 tons will be sent to Armenia via transit through Azerbaijan. It should be noted that so far, more than 29 thousand tons of grain, […]
NEWS

Oil prices have risen on world stock exchanges

ECONOMY
Oil prices have risen on world stock exchanges. elchi reports that the price of a barrel of Brent crude oil on London’s ICE (“InterContinental Exchange Futures”) exchange increased by $0.72 to $80.57. The price of a barrel of Light crude oil on the New York NYMEX (“New York Mercantile Exchange”) exchange increased by $0.94 to […]