ARDNF

In December this year, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) marked its 25th anniversary, highlighting its pivotal role in shaping the country's economy since its establishment in 1...

The State Oil Fund (SOFAZ) sold foreign exchange worth $6,494 million in January-November 2024.This was reported by the Fund.

The State Oil Fund (SOFAR) is holding an open tender for voluntary medical insurance for 160 employees. This is reported on the unified Internet portal of public procurement.

Executive director of the State Oil Fund (SOFAZ) Israfil Mammadov has been elected deputy chairman of the board of the International Sovereign Fund Forum.This is reported by the Fund.

The main reason for the sharp - 2.6 times as compared to the same period of 2023 - rise in foreign currency sold by the State Oil Fund (SOFAZ) in January-October 2024 is the needs of the state. Expert...

In January-October 2024, the State Oil Fund (SOFAZ) sold foreign currency worth $5,919.4 million. This was reported by the Fund.

The State Oil Fund of Azerbaijan (SOFAZ) has disclosed the new composition of its investment portfolio as of the end of September 2024.

In January-September 2024, budget revenues of the State Oil Fund (SOFAZ) totalled AZN 15,004 million and budget expenditures AZN 9,634.5 million. This is reported by the Fund.