Ilham Aliyev took part in launching ceremony of Zarifa Aliyev ferry

Oil gets cheaper, and Brent is at $103.87 a barrel

Prices for oil of benchmark grades are declining in Thursday’s trading.

Exchange rate of Azerbaijani manat for 28 April

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

Amount returned to consumers for damage made public

In the 1st quarter of 2022 the State Service for Antimonopoly Control & Consumer Market Supervision under the Economy Ministry considered 1,975 appeals from consumers.

Number of POS-terminals has increased

The number of POS-terminals in Azerbaijan reached 66,268 for Jan-Mar 2022.

WhatsApp to become paid - advantages

From 15 May, owners of WhatsApp business accounts will be able to connect to a paid subscription, if desired.

Application of Russia’s Utair disappears from App Store

The app of Russian airline Utair has disappeared from the App Store.

AZN 22 million given to pandemic-affected entrepreneurs within 10 months

The subsidies for AZN 22 million were paid to the pandemic-affected entrepreneurs from June 2020 to 1 April 2022 within the framework of the state guaranteed credit & subsidy support project.

Chinese company’s net profit has grown

The net profit of Chinese petrochemical corporation Sinopec amounted to 22.6 bn yuan ($3.4 bn) in the 1st quarter of 2022 (24.5% more against Q1 of 2021).

BASF to cease completely its activities in Russia

Chemical company BASF has decided to stop all non-food activities in Russia and Belarus.

Economy Minister: 344 more jobs created thanks to preferential loans

184 offices of financial organizations halt work in Russia

Russian banks start closing some of their office branches with the purpose to save their resources.

New head of Intelligent Transport Center appointed

The new head of the Center for Intelligent Transport Management (NIIM), subordinate to the Ministry of Internal Affairs, has been appointed.

Baku to host a 3-day food industry exhibition

The 15th anniversary Azerbaijan International Agricultural Exhibition (Caspian Agro 2022) and the 27th Azerbaijan International Food Industry Exhibition (InterFood Azerbaijan 2022) will be held on 18-20 May.

Gas price in Europe exceeds $1,300 per 1,000 cu m