The Central Bank of Azerbaijan (CBA) will hold its next deposit auction on April 22, Trend reports on April 19 referring to CBA.

Today there is a great demand for Azerbaijani wines in foreign markets since they have always distinguished by quality and taste.

Islamic Financial Advisory Services (IFAS) company will complete studies on exploring the possibility of introducing Islamic financing principles in Azerbaijan by the end of this year, a source in Islamic Development Bank (IsDB) told Trend.

Successful organization of export mission to overseas brings positive outcomes to the country's non-oil export potential and promotion.

Gold and silver prices increased in Azerbaijan on April 19, 2019 compared to the prices on April 18, Trend reports citing the data published by the country’s Central Bank.

A groundbreaking ceremony for a joint Azerbaijan-Iran bus and truck production plant has been held in the Hajigabul Industrial Park, Trend reports.

Official exchange rate of the US dollar and euro against Azerbaijani manat for April 19, 2019, was set at 1.7 and 1.9105 manats respectively.

Some tightening of supervision is observed across CIS markets, which is a positive development, reads a report by Fitch Ratings "Key Materialized CIS Banking Risks", Trend reports.

European Union is keen to actively cooperate with Azerbaijan to achieve remarkable developments in many spheres in the country.

A feed processing plant has been commissioned in the Alkhanly village of Azerbaijan's Fuzuli region, Trend reports on April 18.

New business support mechanisms are currently being applied to enhance the activities of the small and medium-sized enterprises (SMEs) in Azerbaijan.

Aiming to lessen its dependency on hydrocarbons, Azerbaijan, as many other energy-rich states, now looking for alternative ways of energy generation.

In recent years, automotive industry in Azerbaijan experiences positive changes. Azerbaijan is developing its own automobile manufacturing market by launching new plants to increase local production and decrease import dependence.

Georgian Deputy Finance Minister Nikoloz Gagua has been appointed a new alternate director of the Asian Infrastructure Investment Bank (AIIB) for Azerbaijan, Trend reports with reference to the bank’s website.

Since February 21, 22 applications were received for the issuance of permits for construction sites that do not require an examination, said Rufat Mahmud, Director of Department of International Relations and Information Technologies of the State Committee for City Building and Architecture of Azerbaijan, Trend reports.

Digitalization is an important component of the dynamics of the global economy’s development. Movement towards a digital economy is officially one of the priorities of a number of countries, both the developed and developing ones.

Connecting trade, people and economies, the modern Trans-Caspian corridor has matured to strategic importance with extensive and integrated network of infrastructure, special economic zones, harmonized customs, cross-border procedures and more along this route.

Gold prices decreased in Azerbaijan on April 18 compared to the prices on April 17, Trend reports citing the data published by the country’s Central Bank.

Officials from Turkey, Azerbaijan, Kazakhstan, Kyrgyzstan and Hungary have gathered to discuss developments on efficiency of Trans-Caspian Transport Corridor.

A new office of “Friends of Small and Medium Enterprises” network opened in Azerbaijan’s Sumgayit on April 18, 2019, Trend reports referring to the Ministry of Economy of Azerbaijan.

Turkey's Supreme Electoral Council (YSK) has officially announced the results of the municipal elections in Istanbul, Trend reports via Turkish media.

Azerbaijan will be represented at the Trans-Caspian Forum to be held May 22-23 in Washington D.C., US, Trend reports citing the event’s website.

An auction for placement of short-term state bonds worth 25 million manats and maturity period of 364 days of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), Trend reports referring to the BSE.

A meeting was held with representatives of large grain farms and agroparks at the Ministry of Agriculture of Azerbaijan, Trend reports referring to the ministry.

Given the fact that today most areas of the modern world economy are closely linked to the high technologies, Azerbaijan does its best to keep up with the consistent development of ICT.