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Azerbaijan’s Transport Sector Experience Once Again Highlighted as an International Best Practice

... In the International TransPort Forum (ITF) rePort titled “Vision-Led TransPort Planning: A guide for policymakers,” the transPort sector reforms implemented by Azerbaijan have been highlighted as a positive example of best practice. The rePort emphasizes that modern transPort planning should not be limited solely to infrastructure pr ...

BSU Astrophysicists: Meteor Shower Expected at the End of April

... A spectacular cosmic phenomenon—the "π-Puppid" meteor shower—will be seen at the end of April. This was rePorted by the Department of Astrophysics of the Physics Faculty of Baku State University (BSU). According to the information, the meteor shower's peak activity will occur between April 22 and 24. This meteor s ...

Become a shareholder of PASHA Bank with Birbank Invest

... Birbank Invest is introducing a new investment opPortunity for its users. Starting today, Birbank Invest users can directly become shareholders of PASHA Bank. This new feature enables users to join the Initial Public Offering (IPO) process through the mobile application and take advantage of opPortunities emerging in the local capital market. As ...

In the first quarter, 6.6 million tons of oil and 12.6 bcm of natural gas were produced

... and 0.1 million tons from the Absheron field. Oil production (including condensate) by SOCAR amounted to 1.7 million tons. During this period, 5.2 million tons of oil (including condensate) were exPorted. Of the total exPorts, 4.8 million tons accounted for consortiums, 0.3 million tons for SOCAR, and 0.1 million tons for JOCAP. It should be ...

Historic milestone: PASHA Bank IPO subscription opens!

... ilestone in the Bank's strategic development. "As a financial institution committed to transparency, sustainability, and long-term value creation, we consider this step strategically imPortant. Through this decision, we aim to share with a broader investor base the value we have built over the years together with our customers and pa ...

“Ideal conditions have been created here for all types of gymnastics”

... and during this time we are trying to make the most of the conditions created here. As you know, the Rhythmic Gymnastics World Cup will be held in Baku in the coming days, and preparation for this imPortant competition is of special significance for us. That is why we decided to arrive a bit earlier from Brazil to speed up the adaptation process a ...

AERA and Azer-Turk Bank OJSC sign cooperation agreement

... el Nabiyeva provided information about Azer-Turk Bank OJSC, noting the bank’s interest in financing projects related to the development of the non-oil sector. She reiterated the bank’s supPort for providing preferential loans from the Fund for energy efficiency projects and expressed her satisfaction with the cooperation in this field. ...

Karabakh Revival Fund among Azerbaijan’s 100 largest taxpayers

... ct taxes (VAT and excise duties), and 74th in terms of the total amount of taxes paid. KRF’s position reflects the returns generated through the responsible management of funds donated to supPort the Fund’s mission. The income earned by the Fund through effective investment activity not only provides additional financial resources ...

Information session for schoolchildren at BSU

... ternational rankings, and the success of its students both locally and internationally. The guests were also informed about the memorandums signed between BSU and international universities and the opPortunities offered by dual degree programs. ...

BSU Alumni Society Holds Fifth Seminar

... ku State University (BSU) Alumni Society focused on the foundations of Azerbaijani identity and was chaired by Associate Professor Orkhan Valiyev. BSU Vice-Rector Shahin Panakhov highlighted the imPortant role of alumni in the country’s public life and stressed the relevance of studying national identity in the modern era. In his presen ...

BSU Hosts Training on Reimagine Education Competition

... Ilyasov, Assistant to the Rector of BSU. Participants received information about the Reimagine Education program, which promotes innovation and technology in education, as well as its key areas and opPortunities. Drawing on last year’s experience, the speaker highlighted achieved results and shared insights into the evaluation criteria and ...

64 permits were issued by Ministry of Energy in the first quarter

... During the first quarter of 2026, 64 permits were issued by the Ministry of Energy. According to the Law of the Republic of Azerbaijan on ExPort Control, the Ministry of Energy has issued 3 permits for the exPort goods (works, services, and results of intellectual activity) that are subject to exPort control, 55 for imPort and 4 for transit. ...

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