ECONOMY

NEWS

The average monthly salary in Azerbaijan exceeded 1100 manats

ECONOMY
According to preliminary data for 2025, the average monthly nominal salary of employees working for wages in the country’s economy increased by 9.3 percent compared to the previous year and amounted to 1102.9 manats. This was reported by Elchi.az with reference to the State Statistics Committee. According to the information, the average monthly nominal salary […]
NEWS

Birol Akgün: Action plan for 2026 between Azerbaijan and Turkey has been prepared

ECONOMY
An action plan consisting of 110 items for 2026 has been prepared between Azerbaijan and Turkey. Elchi.az reports that the Turkish Ambassador to Azerbaijan, Birol Akgün, said this at the “Azerbaijan-Turkey Business Forum: Digital Transformation and Technology Bridge” forum organized by the Innovation and Digital Development Agency. “We have a political goal of reaching a […]
NEWS

Gold and silver prices rise in commodity markets

ECONOMY
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 April 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 0.87% to 5,075.01 US dollars. The price of March 2026 […]
NEWS

Bu günün valyuta məzənnələri

ECONOMY
Azərbaycan Mərkəzi Bankı bu günün valyuta məzənnələrini açıqlayıb. Elchi.az-ın məlumatına görə, fevralın 11-də ABŞ dollarının məzənnəsi dəyişməyərək 1,7000 manat, Türkiyə lirəsi 0,0390 manat təşkil edib. Avro 2,0244 manatadək bahalaşıb, Rusiyanın 100 rublu isə 2,2001 manata kimi ucuzlaşıb. 1 ABŞ dolları USD 1,7 1 Avro EUR 2,0244 1 Avstraliya dolları AUD 1,2091 1 Belarus rublu BYN […]
NEWS

Oil prices rise 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 0.64% to $69.24 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 0.73% to […]
NEWS

Azerbaijan Receives First Carbon Credits in “Green Energy” History

ECONOMY
The Hydro-3 project, which includes the “Mirik” and “Qaragishlag” small hydroelectric power plants located in the Lachin region within the framework of cooperation between “SOCAR Trading” and “AzerEnerji” OJSC, has successfully entered the international carbon market. According to the information provided to Elchi.az from “AzerEnerji”, the project was registered by Gold Standard, one of the […]
NEWS

Asbestos circulation to be banned in Azerbaijan

ECONOMY
The circulation of asbestos and materials containing asbestos will be prohibited. According to Elchi.az, this is reflected in the amendment proposed to the law “On the list of items not allowed to be in civil circulation (withdrawn from civil circulation)”, which was discussed at today’s meeting of the Milli Majlis. If the law is adopted, […]
NEWS

Strategic investments will be acquired by the state in exceptional cases that contradict national interests

ECONOMY
Strategic investments will be acquired by the state in exceptional cases that contradict national interests. Elchi.az reports that this was reflected in the amendment to the Law “On Investment Activity”, which was discussed at today’s meeting of the Committee on Economic Policy, Industry and Entrepreneurship of the Milli Majlis. Currently, investments can be acquired from […]
NEWS

Strategic investments will be acquired by the state in exceptional cases that contradict national interests

ECONOMY
Strategic investments will be acquired by the state in exceptional cases that contradict national interests. Elchi.az reports that this was reflected in the amendment to the Law “On Investment Activity”, which was discussed at today’s meeting of the Committee on Economic Policy, Industry and Entrepreneurship of the Milli Majlis. Currently, investments can be acquired from […]
NEWS

Oil prices have fallen in world markets

ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the value of April 2026 contract for Brent oil exports decreased by 0.25% to $68.87 per barrel. According to Elchi.az, the price of 1 barrel of WTI oil on the New York Mercantile Exchange “NYMEX” in March 2026 decreased by 0.33% to $64.15.