ECONOMY

The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 9, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0394 manats, the Euro decreased to 1.9811 manats, and the Russian 100 rubles increased to 2.1212 manats. 1 US dollar USD 1,7 […]

The investment competition announced on November 14, 2025, in connection with the sale of state-owned shares of “Zabrat Machine-Building Plant” OJSC, located at N. Zeynalova Street, 196, Zabrat 1 settlement, Sabunchu district, Baku, has been concluded. The State Service for Property Issues told Elchi.az about this. Thus, on December 16 of last year, the proposals […]

The volume of domestic stock exchange turnover of investment companies operating in Azerbaijan for 2025 has been announced. Elchi.az presents the ranking of investment companies by turnover volume, referring to the Baku Stock Exchange: Rank Name Turnover (in manats) Number of transactions 1 “PAŞA Kapital İnvestisiya Şirkəti” QSC 44719984119 8722 2 “ABB İnvest İnvestisiya Şirkəti” […]

Last year, customs authorities in Azerbaijan revealed 97 facts related to the illegal circulation of narcotic drugs, psychotropic substances and their precursors. This was reported to Elchi.az by the State Customs Committee. According to the information, a total of 1 ton 824 kg 453 grams of narcotic drugs, psychotropic substances and their precursors were withdrawn […]

We are also cooperating at a very high level in the “One Belt, One Road” project. In particular, the works on the China-Europe railway connection and the Trans-Caspian corridor are proceeding rapidly, and Azerbaijan’s role is strengthening here. Elchi.az reports that these words were said by Ms. Lu Mei, Ambassador of the People’s Republic of […]

The Ministry of Economy of Armenia has confirmed today that the next batch of oil products will be sent from Azerbaijan. APA reports that the press secretary of the Ministry of Economy of Armenia, Lilit Shaboyan, confirmed the information in response to Armenpress’s request. However, she did not disclose any further details. It should be […]

The average annual growth of the Azerbaijani economy will be 2.7% in 2025–2034. Elchi.az reports that this was stated in the forecast of Fitch Solutions, which is part of the Fitch Group. It was noted that Azerbaijan’s economic growth trajectory will be more stable in the period covering 2025–2034. According to the assessment, during this […]

“Norm” OJSC has successfully completed the project to increase the clinker production capacity of the Norm Cement plant. Elchi.az reports that, thus, the plant’s clinker production capacity has been increased from 1.76 million tons to 2 million tons per year, providing an increase of approximately 14%, which means the possibility of producing an additional 240 […]