Azernews.Az

Friday November 28 2025
Global rate cuts open door for Azerbaijan as CBA signals cautious easing

Global rate cuts open door for Azerbaijan as CBA signals cautious easing

Domestically, Azerbaijan’s monetary policy over the past two years has been cautiously adaptive. The Central Bank of Azerbaijan (CBA) maintained a relatively high base interest rate to ensure macroeconomic stability and to contain inflationary risks. In 2023, the key policy rate was adjusted from 8.5% to 8%, followed by a reduction to 7.25% in mid-2024. These adjustments reflect an incremental softening in monetary policy, aimed at stimulating investment and lending without undermining financial stability. Bank lending rates, particularly in manat, have remained relatively high, averaging...

bp outlines two-stage seismic program ahead of Garabagh field development

bp outlines two-stage seismic program ahead of Garabagh field development

bp will begin preparing a full development program for the Garabagh field after completing a two-stage seismic survey, bp Vice President for the Caspian Region Bakhtiyar Aslanbeyli told reporters, Azernews reports.

Bilateral trade seen reaching new high as Russia–Azerbaijan flows grow 5%

Bilateral trade seen reaching new high as Russia–Azerbaijan flows grow 5%

Analysts view the rising trade figures as part of a broader pattern of economic integration and diversification for Azerbaijan, as the country seeks to deepen its trade relationships while balancing its non-oil export portfolio. With robust growth and stable demand, reaching the $5 billion milestone by year-end appears feasible under current trends.

Türkiye announces Neolithic-era findings

Türkiye announces Neolithic-era findings

Türkiye has revealed new archaeological discoveries at Tas Tepeler, one of the country’s largest Neolithic excavation projects, shedding fresh light on life more than 12,000 years ago, Culture and Tourism Minister Mehmet Nuri Ersoy announced on Wednesday, Azernews reports, citing foreign media.

Fuzuli's poetry comes to life through mugham art [PHOTOS]

Fuzuli's poetry comes to life through mugham art [PHOTOS]

The "Shabi-Hijran" performance, starring the legendary Alim Gasimov and Fargana Gasimova, drew immense attention and was warmly received by the audience at the Heydar Aliyev Palace, Azernews reports.

Azerbaijan represented at international symposium in Turkiye [PHOTOS]

Azerbaijan represented at international symposium in Turkiye [PHOTOS]

Chairman of the Board of the Icherisheher State Historical and Architectural Reserve Rufat Mahmud has participated in the international event titled "International Symposium: A Century of National Palaces," which held in Istanbul, Turkiye, Azernews reports.

Azercell expands initiatives to empower women in Azerbaijan [PHOTOS]

Azercell expands initiatives to empower women in Azerbaijan [PHOTOS]

Azercell Telecom continues to broaden its efforts to support and empower women across Azerbaijan. Speaking at the presentation of the Women’s Support Line Brochure in Spanish, held within the “16 Days of Activism against Gender-Based Violence” campaign, Shirin Aliyeva, Chief Legal and Data Strategy Officer at Azercell, emphasized that the initiative carries both honor and great responsibility for the company, Azernews reports.

Latest See more