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SOFAZ revenue and expenditure Statement for January - June 2026

... venues from sales of hydrocarbons amounted to 4.9 billion manats. SOFAZ transferred 6.4 billion manats to the state budget. The State Oil Fund of the Republic of Azerbaijan (SOFAZ) rePorts that its assets amounted to USD 73 542 million (125 021 million manats) at the beginning of 2026 and stood at USD 72 596 million (123 414 millio ...

Graduation Ceremony Held for the BSU–Al-Farabi Dual Degree Program

... gram in Maritime and Energy Law offered in partnership with Al-Farabi Kazakh National University of the Republic of Kazakhstan. Speaking at the ceremony, BSU Rector Elchin Babayev emphasized the imPortance of the program in preparing internationally competitive legal professionals and noted that cooperation between the two universities will cont ...

«CineMastercard» introduces a new level of comfort with Break Screenings

... s more deeply in their stories and visual worlds. To ensure greater comfort during these extended screenings, selected showings will include a brief break. During the break, guests will have the opPortunity to visit the express bar, purchase their favorite beverages and snacks, or simply stretch and relax before the film breaks. The break wil ...

SOCAR President Meets with Chairman of Wood Mackenzie

... parties exchanged views on the prospects for further developing the successful cooperation between SOCAR and Wood Mackenzie. They also reviewed current trends in global energy markets and discussed opPortunities for cooperation in oil and gas processing, renewable energy, decarbonization, the application of digitalization and analytical solutions i ...

Bir Recognised Among World’s Top Fintechs By CNBC and Statista

... ir is the first and only business from Azerbaijan and the wider South Caucasus region to receive this accolade. The World’s Top Fintech Companies list, compiled by CNBC and Statista, is an imPortant benchmark for the global fintech industry. It is based on an in-depth analysis of key performance indicators (KPIs), such as revenue, profitab ...

Azerbaijan Airlines Organizes “Fibonacci” Intellectual Competition for Media Representatives to Mark National Press Day

... a as one of the key priorities of its communications activities. The airline highly values the role of media representatives in ensuring timely and accurate public information and places particular imPortance on continuing initiatives that foster professional dialogue and long-term partnership. ...

The CSR Committee of "AzerGold" CJSC held its next meeting with Dashkasan residents

... Vugar Mammadov, Deputy Head of the Dashkasan District Executive Authority; and other members of the committee. During the meeting, detailed information was provided about the ongoing efforts to supPort the socio-economic development of villages and settlements located near the mines where the Joint-Stock Company operates, especially where extrac ...

TRKLab captures key moments of Tokayev's Shanghai visit

... is meetings with Chinese President Xi Jinping and executives of the country's leading technology companies, as well as the vibrant atmosphere of one of the world's foremost innovation hubs, rePorts a Qazinform News Agency correspondent. The film also highlights the visit's key political and economic outcomes and the internationa ...

Azerbaijan Airlines Adds Fourth Aircraft to Its Fleet This Year

... d 30. The introduction of the Airbus A320neo marks another step in Azerbaijan Airlines' fleet renewal programme focused on replacing older aircraft with new-generation models. This approach supPorts the airline's priorities of enhancing operational flexibility, meeting growing passenger demand more efficiently, and further expanding its ...

Bir Partners with UnionPay, Strengthening Azerbaijan’s Global Payments Connectivity

... nounces a strategic partnership with UnionPay International, a subsidiary of China’s UnionPay. The partnership significantly expands acceptance of UnionPay cards across Azerbaijan, marking an imPortant milestone in strengthening the country's connectivity to the global payments ecosystem. Following the successful completion of the firs ...

Baku Stock Exchange and JET Group Ltd. Sign Agreement under the Listing Advisory Program

... y, it is envisaged that the bond issuance will be backed by a guarantee provided by a local bank. The Listing Advisory Program (LAP) provides companies with information and advisory services to supPort fundraising through the listing of shares or bonds on the stock exchange. The program aims to facilitate companies' access to capital markets ...

Central Bank and UK Chartered Insurance Institute move toward strategic partnership

... Director of the Central Bank, and Matthew Hill, chief executive of the CII, one of the world's leading professional bodies for insurance and financial services education. The two sides explored opPortunities to supPort the development of human capital in Azerbaijan's insurance industry and discussed plans to position the country as a region ...

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