ECONOMY

NEWS

Passenger transportation increased by 20% at ADY

ECONOMY
“Azerbaijan Railways” CJSC transported more than 856 thousand passengers in January of this year. This was reported to Elchi.az from ADY. According to the information, this indicator exceeds the results of the corresponding period of the previous year by 20%.
NEWS

The amount of “tax free” returned to foreigners last month has been announced

ECONOMY
In January 2026, the amount of VAT (“tax free”) returned from the state budget for goods purchased for individual consumption in the republic by foreign citizens amounted to 718.2 thousand manats. This was reported by Elchi.az from the State Tax Service under the Ministry of Economy. It was noted that in January 2026, the volume […]
NEWS

The Manat Sharply Increased in Price in Our Neighborhood

ECONOMY
Today, around noon, the price of the US dollar in Iran’s free market exceeded 162,240 tomans. Elchi.az reports that sources in Tehran’s free market have released this information. Along with the dollar, the price of the euro also rose, reaching 191,560 tomans. The Azerbaijani manat rose to 95,700 tomans. It should be noted that on […]
NEWS

Cyberattacks targeting the state and banking sector investigated

ECONOMY
The Electronic Security Service (National CERT) has investigated an attempted attack targeting the state and banking sector using steganography techniques. This was reported to Elchi.az by the Service. According to the information, the analysis revealed that in the attack scenario, malicious components were hidden inside legitimate-looking files using steganographic methods. If the file is opened […]
NEWS

3.6 million manats will be spent on the installation of bus stops in Azerbaijan

ECONOMY
3.6 million manats have been allocated for the installation of new bus stop pavilions for passengers waiting for buses on streets and avenues in Baku and regions. Elchi.az reports that the Azerbaijan Land Transport Agency has announced an open tender for this. The company that wins the competition will be paid a total of 3,654,073.57 […]
NEWS

“Shell” Reduced LNG Production by 2% Last Year

ECONOMY
“Shell” reduced its liquefied natural gas (LNG) production by 2% in 2025 compared to the previous year, to approximately 28.4 million tons. Elchi.az reports that this was noted in the company’s report. According to the information, “Shell” produced 6.6 million tons in the first quarter, 6.7 million tons in the second quarter, 7.3 million tons […]
NEWS

ADB Approves Project on Private Sector Development with Azerbaijan’s Participation

ECONOMY
The Asian Development Bank (ADB) has approved the provision of technical assistance worth US$2 million for the implementation of the project “Supporting the Development and Application of the Private Capital Mobilization Indicator.” Elchi.az reports this with reference to the Bank. According to the information, Azerbaijan is also among the developing countries in the project. The […]
NEWS

Gold and silver cheapen in commodity markets

ECONOMY
The price of gold futures per troy ounce (31.1 grams) has decreased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange decreased by 1.39% to 4,882.1 US dollars. The price of March 2026 […]
NEWS

Bu günün valyuta məzənnələri

ECONOMY
The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on February 5, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0390 manats, the Euro decreased to 2.0039 manats, and 100 Russian rubles increased to 2.2215 manats. Valyuta Kod Kurs 1 ABŞ dolları […]