University of Information Technology Ministry of Communications will collaborate with universities in the U.S.
Future specialists in the field of Communications and Information Technologies of Azerbaijan will be able to learn and practice the best profile U.S. universities.
On the eve of the Ministry of Communications visited a delegation comprising legislators of Arizona. The meeting stressed the interest of Azerbaijani companies in cooperation with U.S. ICT companies, talked about the importance of US -Azerbaijan ICT Forum, scheduled for December.
On behalf of the guests spoke Senator Don Shooter, stressed the interest of Arizona State University in a fruitful collaboration with the American University recently discovered IT- University of Azerbaijan. " The University of Phoenix also train personnel in the field of information technology. It would be positive if the two countries to cooperate in the exchange of students," he said.
The senator recalled finding the second largest world server in Arizona , said that due to the location of the state far away from the disaster zone , ICT companies seek to build production facilities it is there : "Currently in the state operate large ICT companies that have great potential to establish relations with Azerbaijan ", - said the senator . - 17D-
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- Photo sessions
- 15 November 2013 17:36
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- Social
- 16 November 2013 11:32
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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