The Food and Agriculture Organization (FAO) of the United Nations will start implementing new projects in Azerbaijan next month.

Azercell Telecom, the leading mobile operator of Azerbaijan, has represented the country at the next international exhibition.

Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.7 AZN/USD for May 22, the Central Bank of Azerbaijan (CBA) said May 21.

Azerbaijan invites U.S. companies to invest in the non-oil sector of the economy, Azerbaijan's Deputy Minister of Transport, Communications and High Technologies Elmir Valizade said.

As many as 49 companies with Azerbaijani capital were registered in Turkey in April 2018 that is 9 companies less than in the same period of 2017, according to a report of the Union of Chambers and Commodity Exchanges of Turkey (TOBB).

The prices of main precious metals decreased in Azerbaijan on May 21, according to the data published by the country’s Central Bank.

The Ministry of Labour and Social Protection of the Population of Azerbaijan will continue to work to eliminate informal employment and further improve the social welfare of the country's population, said Minister Sahil Babayev May 21 at the conference "Towards sustainable development goals: promoting long-term development and decent work" in Baku.

Azerbaijan and Serbia will sign two agreements in the aviation and road transport sphere as part of the visit of Serbian President Aleksandar Vucic to Baku on May 21-22, the Serbian government said in a message May 21.

Official exchange rate of the US dollar and Euro against Azerbaijani manat, was set at 1.7 and 1.9978 manats respectively for May 21.

The Baku - Tbilisi – Kars (BTK) railway route will provide an economic boost for the development of the region, Bulgarian Transport Ministry told Trend.

The International Finance Corporation (IFC) plans to help the government of Azerbaijan boost the competitiveness of the agribusiness sector, Jan van Bilsen, IFC Regional Manager for the South Caucasus, said in an interview with Trend.

By 2019, Azerbaijan plans to eliminate dependence on imported butter almost completely, Samir Eyyubov, Chairman at Azerbaijan Milk and Dairy Producers and Export Association, told Trend.

In April this year, prices in the real estate market in Baku increased 2.49 percent compared to March, Nusret Ibrahimov, director general of the MBA Group consulting company, real estate expert, told Trend.

Azerbaijan invites US companies to invest in the non-oil sector of the economy, Azerbaijan's Deputy Minister of Transport, Communications and High Technologies Elmir Velizade said at the panel discussion on investment and trade within the framework of the Trans-Caspian Forum held in Washington on May 17-18.

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

Last week, the price of one ounce of gold in Azerbaijan decreased by 52,343 manats or 2.3336 percent.

The Central Bank of Azerbaijan (CBA) will hold another deposit auction on May 21, the CBA announced.

On May 22, the Baku stock exchange (BSE) will hold an auction to place short-term manat bonds of the Ministry of Finance of Azerbaijan in the amount of 35 million, the BSE said in a statement.

Iran and Azerbaijan will strengthen bilateral cooperation despite the present difficult situation on the international arena and the expected US sanctions against Iran, Dr. Ahmad Alireza Beigi, a representative of the parliament of Iran, told Trend.

PhosAgro-Region, the largest distributor of mineral fertilizers in Russia and CIS, plans to double the supply of complex fertilizers to Azerbaijan, Russian media reported citing PhosAgro-Region General Director Andrey Vovk on May 18.

Azerbaijan’s Textile Producers and Exporters Association plans to attract well-known foreign companies to establish clothing production in the country in the future, Mehriban Akhundova, chairperson of the Association, told Trend.

The State Oil Fund of Azerbaijan (SOFAZ) plans to suspend investments in traditional types of real estate, such as offices, and increase the share of alternative types of real estate, including, for example, student housing and medical institutions, the Fund told Trend May 18.

In January-April 2018, Azerbaijan's insurance companies collected 301.4 million manats in premiums, which is 55 percent more than in the same period last year, according to a report issued by Azerbaijan’s Financial Markets Supervisory Authority (FIMSA) on May 18.

Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.7 AZN/USD for May 21, the Central Bank of Azerbaijan (CBA) said May 18.

Azerbaijan and the European Union have great potential to develop the trade in agricultural products, Head of Operations Section at the EU Mission in Baku Jeroen Willems said at the First Baku International Conference on Food Security on May 18.