Azerbaijan's state oil fund's (Sofaz) assets fell by 6.38 per cent to $34.7 billion by October 1 from the start of the year, the fund said, hit by the drop in global oil prices.
Sofaz holds the proceeds
Bahraini race officials will help organise Azerbaijan’s first Formula One race next year, it has been revealed. Bahraini Ambassador to the UK Shaikh Fawaz bin Mohammed Al Khalifa announced on Twitter that Bahrain was ‘deeply proud
Dubai Investments, the largest investment company listed on the Dubai Financial Market, is showcasing its capabilities and that of its subsidiaries at a major construction trade exhibition currently underway in Azerbaijan.
Flydubai, Dubai’s first low cost airline, made its inaugural flight to the capital of Azerbaijan, Baku, on November 22.
The flight arrived in Baku Haydar Aliyev International Airport, with flydubai’s CEO, Ghaith Al Ghaith to officially ina
Ankara is nearing a deal with Baku on gas transit through Turkey to Europe, Energy Minister Taner Yildiz said, adding there had been much progress since Azerbaijan said it might explore alternative routes.
Failure to agree terms for Azerba