The value of mortgage loans issued in Azerbaijan at the expense of the country's Mortgage and Credit Guarantee Fund since 2006 has reached 1.2 billion manats, and the number of families the housing conditions of which have been improved thanks to mortgage loans, has reached 25,000 people, Trend reports referring to the Fund's message.

The words said by Azerbaijani Finance Minister Samir Sharifov Dec. 4 during an interview on a state TV channel over the strengthening of the manat are quite clear, and interpreting them as a devaluation announcement is either a conscious provocation or an amateur approach, spokesman for the Azerbaijani Finance Ministry Mais Piriyev told Trend Dec. 7.

In January-October 2018, 10 leading companies of Azerbaijan exported non-oil products worth $615.6 million, according to the Export Review, published by the country’s Center for Analysis of Economic Reforms and Communication.

Azerbaijan and Iran have had strong diplomatic relations since 1918. Lately, there has been deepening of economic relations between two countries.

Azerbaijan and Israel, the two strategic partners, are keen to strengthen and expand their cooperation.

Turkey and Azerbaijan are active participants in the process of regional cooperation.

The Baku- Tbilisi-Kars (BTK) railway does not only strengthen economies of the countries in the region by boosting their transit potential, but also plays a role of a guarantor of stability and security in the region.

The custom system in Azerbaijan serves as a shield during import and export of goods to and from the country.

Baku Steel Company has concluded a deal worth $1.17 billion with China CAMC Engineering Co., Ltd., Trend reports citing the website of the Chinese company on Dec. 6.

Precious metal prices varied in Azerbaijan on Dec. 7, Trend reports citing the country’s Central Bank.

Customs occupies an important place in the implementation of the Azerbaijani economic strategy and strengthens statehood.

The main topic of the quadrilateral meeting between Azerbaijan, Turkey, Russia and Iran, held in Baku, was the creation of a consortium for strengthening startups and increasing their income, Iranian Minister of Information and Communication Technology Mohammad Javad Azari Jahromi said in an exclusive interview with Trend.

A Volunteer Council has been created under Azerbaijan's Agency for Development of Small and Medium-Sized Enterprises (SMEs), and the first meeting of the Council has already been held, Trend reports citing the Economy Ministry.

Azerbaijani companies will get access to foreign investors at the platform of the new Astana International Finance Center (AIFC), Aidar Kazybaev, managing director of the AIFC Administration, said in an exclusive interview with Trend.

Belarus and Azerbaijan are working on proposals for cooperation in the petrochemical industry, Ambassador of Belarus to Azerbaijan Gennady Akhramovich said in an interview with the magazine “Vestnik Belneftekhima”, Belta reported.

The CEO of Azercell Telecom joined the Caspian Innovation Conference organized by the Ministry of Transportation, Communication and High Technologies in the framework of Bakutel exhibition.

One of the factors that have further enhanced democracy in developed countries in recent years is the launch of the e-government.

The State Oil Fund of Azerbaijan (SOFAZ) sold $654.1 million at currency auctions organized by the Central Bank in November 2018, Trend reports citing the Fund Dec. 6.

Precious metal prices increased in Azerbaijan on Dec. 6, Trend reports citing the data published by the country’s Central Bank.

Baku hosts Caspian Innovation Conference on December 5 within the framework of 24th Azerbaijan International Telecommunications, Innovation and Technology Exhibition Bakutel 2018.

Iran's Minister of Communications and Information Technology Mohammad Javad Azari Jahromi has called for establishment of strong regional organizations to face the US sanctions during his speech at the Caspian Innovation Conference in Baku.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9291 manats, respectively, for Dec. 6.

Many Latvian companies are interested in cooperation with Azerbaijan, Ambassador of Latvia to Azerbaijan Juris Maklakovs said in an interview with Trend.

The Azerbaijani national communications operator Aztelekom LLC and the Belarusian Republican Unitary Enterprise Beltelecom signed a memorandum of cooperation, Trend reports.

The Agency for Development of Small and Medium-sized Enterprises (SMEs) of Azerbaijan has obtained the right to participate in all exhibitions organized by Iteca Caspian LLC, Orkhan Mammadov, chairman of the board of the Agency, told reporters in Baku Dec. 5.