ECONOMY

In accordance with the newly adopted regulations, reporting requirements have been introduced for banks to the Central Bank regarding measures taken in the direction of green loans and sustainable finance. elchi reports that this was stated by Toghrul Aliyev, Deputy Chairman of the Central Bank of Azerbaijan (CBA), during his speech at the “V Agribusiness […]

Currently, approximately 10–14% of irrigated lands in Azerbaijan are equipped with modern irrigation systems. This accounts for about 130,000 hectares of land. elchi reports that Minister of Agriculture Majnun Mammadov stated this during a panel discussion at the conference titled “Modern Agricultural Cooperation as a Foundation for Sustainable Development and a Guarantor of Food Security” […]

Another shipment from Russia to Armenia has been carried out in transit through Azerbaijan. “Elchi” reports that 271 tons of fertilizer in 4 wagons and 275 tons of grain in 4 wagons were sent from Bilajari station towards Boyuk Kesik. It should be noted that so far, more than 25,000 tons of grain, more than […]

In 2025, more than 280 million manats in sowing subsidies were paid to farmers, and tens of thousands of producers were covered by state support. elchi reports with reference to Oxu.az that Minister of Agriculture Majnun Mammadov stated this during his speech at the Agribusiness Development Forum. He noted that at the same time, more […]

Oil prices on the world market have fallen by nearly 2 dollars. elchi reports that June futures for WTI crude oil on the NYMEX exchange decreased by 1.85% or 1.89 dollars, amounting to 100.38 US dollars per barrel. On London’s ICE exchange, July futures for Brent crude oil fell by 1.68% or 1.85 dollars, reaching […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. elchi-ın məlumatına görə, on May 6, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira stood at 0.0376 manats. The euro increased to 1.9951 manats, while 100 Russian rubles decreased to 2.2513 manats.

More than 20 million trips were made in the metro in April. “Elchi” reports that “Baku Metro” CJSC has released information regarding this. It was stated that 20 million 510 thousand 29 passengers were served in the Baku metro last month, which is an increase of 0.11% compared to the same period last year. During […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, on May 5, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira stood at 0.0376 manats. The Euro decreased to 1.9850 manats, and 100 Russian rubles decreased to 2.2641 manats.  

Within the framework of WUF13, temporary special traffic lanes will be organized on a number of streets and avenues in Baku. This was reported to “Elchi” by the Azerbaijan Land Transport Agency (AYNA). Temporary traffic lanes will be created on Heydar Aliyev Avenue – Airport Highway, Abbasgulu Agha Bakikhanov Street, Mehdi Abbasov Street, Mikayil Aliyev […]