Azercell has launched a large-scale project on the expansion and modernization of its network

The operator subscribers will have more opportunities to use high-speed and high-quality mobile Internet, regardless of their location

VTB (Azerbaijan) supported the Summer University for Young Leaders project - Photo

Oil keeps on falling in price after a sharp drop the day before, Brent is at $99.28 a barrel

Prices for oil of benchmark grades continue to fall in Tuesday’s trading after sharp decline following the previous trading.

Currency exchange rates for 2 August

Azerbaijani manat rate has fallen to the euro, to the Turkish lira, and to the Russian ruble, while is stable to the US dollar.

SOCAR Polymer export revenues decreased

Over Jan-Jun of this year, SOCAR Polymer LLC export revenues reached $81.1 million (15.8% or $15.3 million less versus Jan-Jun 2021)

Foreigners made bank card transactions for AZN 1.07 bn

CBA's foreign exchange reserves increased by 14%

As of 1 August, Central Bank’s foreign exchange reserves amounted to $7.407 bn (by 0.5% more compared with 1 July)

Monetary base has grown in Azerbaijan

The monetary base in Azerbaijan as of 1 August amounted to AZN 16.1 bn

Lukoil’s shares have grown in price

The cost of Lukoil’s shares during trading on the Moscow Stock Exchange on Monday increased by 3.95% against the background of the publication of financial statements for the 1st half of 2022 and reached 4,030 rubles per share, according to trading data.

Saudi Arabia's economy shows record growth

Saudi Arabia's economy grew by 11.8% in the 2nd quarter, a record pace since 2011, ABC.AZ reports with reference to the Main Statistical Office of the country.

AZAL's income observes growth this year

$1.5 bn received from nonoil exports for Jan-Jun

Azerbaijan's exports amounted to $18.5 bn, including $1.5 bn in the nonoil sector for Jan-Jun 2022 (growth in the nonoil sector by $295.4 million, or 25.4% against 2021).

List of most exported non-oil products

Over Jan-Jun 2022, refined cotton took the 1st place ($136.9 million) in the list of exported non-oil products

Cost of exports through one stop shop for July unveiled

Russian Central Bank extends restrictions on withdrawal of cash foreign currency

The Bank of Russia has extended restrictions on cash withdrawals of foreign currency for another six months - until 9 March.