State subsidies to agriculture have almost doubled in Azerbaijan for the past eight years, Azerbaijan’s Agriculture Minister Inam Karimov said May 25 at a conference dedicated to the Entrepreneurs’ Day in Azerbaijan.

The price of OPEC basket of fourteen crudes stood at $76.62 a barrel on May 24, which is by $0.19 more compared to May 23, the cartel told Trend May 25.

Last week, 27 deals were registered at the auction of the State Commodity Exchange of Turkmenistan, says the message of the organization.

Around 59 percent of Trans Adriatic Pipeline (TAP) route in Greece and Albania is being reinstated, TAP AG consortium said in a message.

Central Bank of Azerbaijan has announced USD/AZN rate for May 25.

Iran's Deputy Transport Minister Asghar Fakhrieh Kashan said the country would take delivery of European turboprop aircraft in less than three months.

Azerbaijan’s economy grew 0.1% in 2018 following 3.1%-decline in 2016, Peter Paklin, Assistant Vice President at Moody's Investors Service, said at the annual summit.

Today, a bilateral currency auction was held at the Central Bank, in which SOFAZ also participated.

President of Kazakhstan Nursultan Nazarbayev signed the law "On Amendments and Additions to Some Legislative Acts of the Republic of Kazakhstan on Improving Regulation of Entrepreneurial Activity," the presidential press service said in a message.

Troubled loans stabilized on the background of restoration of crediting in Azerbaijan, Peter Paklin, Assistant Vice President at Moody's Investors Service, said at the annual summit.

Moody’s Investors Service is holding annual summit on Azerbaijan.

The KazPrime indicator did not change on May 24, 2018, compared to the previous trading day and amounted to 10.25 percent per annum, Kazakh Stock Exchange said in a message.

In 2018, 15 agricultural parks will start operating in Azerbaijan.

The secretaries of the security councils of the Shanghai Cooperation Organization (SCO) will meet in 2019 in Kyrgyzstan, the final report of the meeting of the heads of the SCO Security Council said.

23.05.2018
Gold price falls

The U.S. Dow Jones stock index decreased by 0.72% to 24,834.41 points, S&P 500 fell by 0.31% to 2,724.44 points and NASDAQ went down by 0.21% to 7,378.46 points.

The number of residents of industrial districts is expanding in Azerbaijan.

The next meeting of the Azerbaijani-Serbian intergovernmental commission will be held in September 2018, Azerbaijani Economy Minister Shahin Mustafayev said.

A debt management strategy of state structures and enterprises has been developed in Azerbaijan, and it will soon be submitted to the government, Azerbaijani MP Ziyad Samadzade said on May 22.

Today, a bilateral currency auction was held at the Central Bank, in which SOFAZ also participated.

The U.S. Dow Jones stock index increased by 1.21% to 25,013.29 points, S&P 500 rose by 0.74% to 2,733.01 points and NASDAQ went up by 0.54% to 7,394.04 points.

 
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