The State Oil Fund of Azerbaijan (SOFAZ) sold $677.1 million in currency auctions in December 2018, up $23 million or 3.52% from $654.1million in November, $92.3 million or 15.78% in comparison to a year earlier, Report informs citing SOFAZ.

Co-organized by the Azerbaijani Embassy in France, Association of French-Azerbaijani Dialogue and Theater de la Ville, a stunning Azerbaijani mugham trio will give concert in Paris, France.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9369 manats, respectively, for Jan. 4.

AZADİNFORM. Established 19 years ago on December 29, 1999 as a successful result of the national oil strategy laid by the national leader Heydar Aliyev, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) aims at efficient management of the accumulated oil and gas revenues, and assignment of these assets to the development of advanced areas and implementation of projects of socio-economic and strategic importance.

Great success was achieved in the field of sports under the leadership of President Ilham Aliyev in 2018, Minister of Youth and Sports Azad Rahimov said at an event dedicated to the country's sports results of 2018, Trend reports.

 

"A new building of Irevan State Drama Theater will be put into operation next year," Minister of Culture and Tourism Abulfas Garayev said at the board meeting. 

Hidayat Abdullayev has been appointed head of the Office of Azerbaijan’s Ministry of Labor and Social Protection of the Population, Trend reports with reference to the ministry.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9366 manats, respectively, for Dec. 24, Trend reports.

Montenegro opens a diplomatic office in Baku. Report informs that the decision was taken at the 103rd session of the Government of Montenegro, chaired by Prime Minister Duško Marković.

The Second Congress of the Public Union of the “Azerbaijani community of the Nagorno-Karabakh region of Azerbaijan” was held.

 

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9355 manats, respectively, for Dec. 20.

The State Oil Company of Azerbaijan Republic (SOCAR) transferred AZN 155,500,000 to the state budget in November 2018, up by 26.2% over the 2017 November, Report informs citing SOCAR’s official page on the social network.

The Azerbaijan-Russia relations are developing steadily and have high dynamics, Azerbaijani MP Hikmat Babaoglu told Trend.

“The relations between the two countries are strategic and multi-vectoral,” he added.

In January-November 2018, Azerbaijan exported 1,380,154,320 kWh of electricity worth $64,968,420, relevantly up 444,748,310 kWh or 47.55% and $23,747,570 or 57.61% from previous year, Report informs citing State Customs Committee (SCC). 

 

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9314 manats, respectively, for Dec. 14.

AZADİNFORM. Deputy Foreign Minister of Ukraine Vasyl Bodnar will arrive in Azerbaijan tonight with a two-day visit.

AZADİNFORM. The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has presented its newly revamped website at www.oilfund.az, which has been active since 2001. The primary objective of the redesign is to provide the public with more detailed information about SOFAZ, as well as, preserve the principles of transparency in the Fund’s activities.

AZADİNFORM. As of November 1, 2018, the number of wageworkers in the economy rose by 2.3% to 1,552,800, with 884,700 people in state sector, 668,100 in private sector.

Turkish President Recep Tayyip Erdogan has ratified an agreement to create a bank under the auspices of the UN (International Technology Bank), Trend reports citing the Turkish newspaper Resmi Gazete.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9424 manats, respectively, for Dec. 10.

 
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