ECONOMY

The value of gold futures for delivery in April 2026 on the Comex exchange has fallen below $4,850 per troy ounce. Elchi.az reports that this is confirmed by the trading platform’s data. At 21:42 Baku time, the price of the precious metal decreased by 8.68% to 4,890 per troy ounce. By 21:47, the price of […]

The Central Bank of Azerbaijan (CBA) will keep the discount rate unchanged at 6.75% at the meeting to be held on February 4. Elchi.az reports that this was stated by the largest financial group in the Netherlands, ING Group. ING noted that although certain prerequisites have been formed for easing monetary policy in Azerbaijan, the […]

In the American stock markets, the Dow Jones index increased by 0.11% to 49,071.56 points, the S&P 500 index by 0.13% to 6,969.01 points, and the Nasdaq index decreased by 0.72% to 23,685.12 points. According to Elchi.az, in the European stock markets, the FTSE 100 index increased by 0.17% to 10,171.76 points, the German DAX […]

The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 30, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0391 manats, the euro decreased to 2.0272 manats, and 100 Russian rubles increased to 2.2385 manats. 1 US dollar USD 1,7 1 […]

Train traffic has been restored on the Green and Red lines, with intervals maintained. This was reported by Baku Metro CJSC. It was noted that there are no delays. *** 17:50 Today, at around 17:03, a technical malfunction occurred in a train at the Narimanov station of the subway. With the involvement of an auxiliary […]

Today in Tbilisi, relevant agreements were signed between “BTKI Railways” LLC, a joint venture of “Azerbaijan Railways” CJSC (ADY) and “Marabda-Kartsaxi Railway” LLC’s subsidiary companies, and “Georgian Railways” SC in order to ensure the full operation of the Baku-Tbilisi-Kars (BTK) railway line. According to the information provided to Elchi.az from ADY, one of the agreements […]

Based on applications made to the “E-Complaint” platform of the Information Communication Technologies Agency (IKTA), the riskiest internet providers for the past year have been announced. Elchi.az was informed about this by IKTA. According to the information, “Uplink” LLC, as well as “Flexnet” and “Sline” LLCs, which were included in the list in the IV […]

The European Union and Azerbaijan have agreed to strengthen their partnership within the framework of the EU’s Global Gateway initiative and the recently presented Interregional Connectivity Program. According to the EU Delegation to Azerbaijan to Elchi.az, the parties aim to jointly unlock new economic opportunities through sustainable and stable connections in the fields of transport, […]

There are approximately 400,000-500,000 undocumented or un-documentable buildings in Azerbaijan. Elchi.az reports that this was stated by Nigar Alimova, Chairman of the Board of the State Cadastre and Registry of Real Estate Public Legal Entity, during the “Presentation on the work done in 2025 in the field of the state cadastre and registry of real […]