#finance
Latest news and interesting information about finance.
How Mortgage Decline Affects Housing Sales?
How does the decline in mortgage lending affect housing sales? Economist Vugar Oruc comments. Latest situation in the real estate market.
Trump Allows Acting Intel Chief to Declassify Any Info
President Trump grants Acting Director of National Intelligence Bill Pultie authority to declassify any information.
Sahil Babayev: BSTDB Plans to Finance SMEs
Finance Minister Sahil Babayev announced that the Black Sea Trade and Development Bank plans to finance small and medium-sized enterprises.
BSTDB to Finance Which Sectors in Azerbaijan?
BSTDB reveals sectors for financing in Azerbaijan: aviation, solar energy, logistics, tourism, education.
Sahil Babayev: 31 new projects worth €668 million approved
Finance Minister Sahil Babayev announced that 31 new projects worth over €668 million were approved last year, an 81% increase from the previous year.
Baku hosts 28th BSTDB Board Meeting
Baku hosts the 28th BSTDB Board Meeting and Business Forum. Discussions focus on economic development, regional cooperation, and Azerbaijan's role as a hub.
INMerge Berlin Concludes International Event Series
PAŞA Holding's INMerge Innovation Summit concludes its international series with INMerge Berlin, connecting Europe and Central Eurasia.
EU allocates €3.8B defense aid to Ukraine
The EU allocates €3.8 billion in defense aid to Ukraine for drones, military-industrial complex, and frontline supplies.
Investment Expenditures Underperformed?
Finance Minister Sahil Babayev commented on the underperformance of investment expenditures last year.
Russian tanker seized near Sicily
Russian shadow fleet tanker seized by French Navy near Sicily. Macron confirms the operation to enforce sanctions.
Mortgage loans reach 200M manat in 5 months
Azerbaijan's mortgage loans hit 200M manat in 5 months, down 2.2% year-on-year.
US seeks $672 million for Iran nuclear materials
The Trump administration seeks $672 million to neutralize Iran's nuclear materials and prevent nuclear proliferation. Funds would support inspections and verification.
Emin Amrullayev clarifies education costs remarks
Emin Amrullayev issues a new statement on higher education costs, discussing tuition fees, state funding, and education quality in Azerbaijan.
Civil Servants' Professional Day Celebrated
The Prosecutor General's Office celebrated Civil Servants' Professional Day with speeches, statistics, and gratitude to the President.
$28 Billion Needed for Middle Corridor
AIIB Managing Director Xiaohong Yang says $28 billion investment is required for the Middle Corridor. Details on Bond.az.
Baku-Tirana direct flight expected
Albania's Deputy Finance Minister Endrit Yzeiraj announced a direct Baku-Tirana flight is expected, highlighting TAP and energy cooperation.
IDB Group Startup Competition Winners Announced
IsDB Group's 5th startup competition winners announced. First prize of $5,000 awarded.
Pashinyan: US creates fund for TRIPP project
Armenian PM Pashinyan says US creates fund for TRIPP project and other regional initiatives.
UK Government Split Over Defense Budget
UK ministers demand higher defense spending amid geopolitical tensions, while PM Starmer remains cautious about budget increases.
Baku Signs New Islamic Finance MOU
Baku hosts signing of Islamic finance MOU between IsDB Institute and Labuan FSA. Read more on Bond.az.
Historic decision in Baku: $2.8B package approved
The Islamic Development Bank approved a $2.8 billion development financing package at its Baku meeting, covering transport, energy, agriculture, and climate resilience projects.
$2 Billion Allocated to Education
Azerbaijan allocates $2 billion to education in five years, supporting 70,000 youth.
State to pay loan interest for some
Azerbaijan state pays loan interest for farmers. New decision supports annual sowing farmers with interest coverage.
Azerbaijan-US discuss TRIPP project implementation
Azerbaijan and the US discussed implementation of the TRIPP project. Cooperation in energy, transport, and investment was emphasized.
US company halts largest fuel export to Cuba since 1960
US company Vanguard Energy cancels 250,000 barrel fuel export to Cuba due to sanctions, halting the largest shipment since 1960.
Baku Metro Expansion: $180 Million Loan Approved
The Asian Infrastructure Investment Bank has approved a $180 million loan for the Baku Metro expansion project, covering depot construction and station modernization over 20 years.
968 million manat allocated to 44 legal entities in 2025
News about 968 million manat allocated to 44 public legal entities from the state budget in 2025.
GDP per capita reaches 12,600 manat in 2025
In 2025, Azerbaijan's GDP per capita reached 12,600 manat, with economic growth and non-oil sector development.
SOCAR becomes skill exporter company
Deputy Energy Minister Elnur Soltanov says SOCAR is becoming a skill exporter company.
DIM to Take Measures to Assign Laid-off Civil Servants
DIM will take measures to assign laid-off civil servants to equivalent positions. President Ilham Aliyev signed a decree.
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