Ilham Aliyev approves main directions for using funds, investment

09 July 2026

Ilham Aliyev approves main directions for using funds, investment policy of SOFAZ for 2018

23:42 28 December 2017 Read: 1159

Ilham Aliyev approves main directions for using funds, investment policy of SOFAZ for 2018

President of the Republic of Azerbaijan Ilham Aliyev signed a decree on approval of budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for 2018 including 11,559,956,200 manats in revenues and 9,730,221,800 manats in expenditures.

More about: #SOFAZ

News Line

UFC Holds Its 12th Graduation Ceremony

UFC Holds Its 12th Graduation Ceremony

TIIF 2026: A Forum That Signals Uzbekistan’s Arrival on the Global Investment Map

TIIF 2026: A Forum That Signals Uzbekistan’s Arrival on the Global Investment Map

Son of Norwegian crown princess jailed for rape

Son of Norwegian crown princess jailed for rape

Armenian opposition protests ‘fraudulent’ election results

Armenian opposition protests ‘fraudulent’ election results

Bakcell announces appointment of new Chief Executive Officer

Bakcell announces appointment of new Chief Executive Officer

From Climate Commitments to Local Delivery //Why Climate Finance Still Fails to Reach Local Solutions

From Climate Commitments to Local Delivery //Why Climate Finance Still Fails to Reach Local Solutions

Azerbaijan–Ukraine Relations: The Strategic Weight of Political Partnership

Azerbaijan–Ukraine Relations: The Strategic Weight of Political Partnership

Pakistan’s diplomatic moment: The Islamabad peace process and a race to prevent a wider war

Pakistan’s diplomatic moment: The Islamabad peace process and a race to prevent a wider war

Employees of Azerbaijan security agencies mark their professional holiday - PHOTOS

Employees of Azerbaijan security agencies mark their professional holiday - PHOTOS

Discover the world during the Novruz holiday with Bakcell roaming!

Discover the world during the Novruz holiday with Bakcell roaming!

Azerbaijani FM stresses importance of Iran's concluding investigation into drone attacks on Nakhchivan

Azerbaijani FM stresses importance of Iran's concluding investigation into drone attacks on Nakhchivan

Global Baku Forum features “Global Cooperation for Housing: Perspectives for WUF13” panel discussion

Global Baku Forum features “Global Cooperation for Housing: Perspectives for WUF13” panel discussion

Baku hosts NATO course

Baku hosts NATO course

Azerbaijan facilitates evacuation of 16 Indian students and other nationals from Iran

Azerbaijan facilitates evacuation of 16 Indian students and other nationals from Iran

ANAMA delegation held meetings at a number of companies during the visit to the People's Republic of China

ANAMA delegation held meetings at a number of companies during the visit to the People's Republic of China

Mikayil Jabbarov underlines Middle Corridor’s role in regional integration at Baku Forum

Mikayil Jabbarov underlines Middle Corridor’s role in regional integration at Baku Forum

Azerbaijan discloses number of persons resettled in liberated regions in 2025

Azerbaijan discloses number of persons resettled in liberated regions in 2025

Iran live: As many as 150 US troops wounded in Iran war, sources say

Iran live: As many as 150 US troops wounded in Iran war, sources say

FM Bayramov: Attack on Azerbaijan’s territory violates international law

FM Bayramov: Attack on Azerbaijan’s territory violates international law

EC President Costa to visit Baku, Azerbaijan

EC President Costa to visit Baku, Azerbaijan

UK Appoints New Ambassador to Azerbaijan

UK Appoints New Ambassador to Azerbaijan

President Ilham Aliyev chaired meeting of Security Council

President Ilham Aliyev chaired meeting of Security Council

Full report: Iranian terror lots exposed in Azerbaijan | VIDEO

Full report: Iranian terror lots exposed in Azerbaijan | VIDEO

Remnants of the drone that hit Nakhchivan Airport

Remnants of the drone that hit Nakhchivan Airport

Iran war threatens a prolonged hit to global energy markets

Iran war threatens a prolonged hit to global energy markets

Exclusive : Hezbollah returns to guerrilla roots, awaits Israeli invasion

Exclusive : Hezbollah returns to guerrilla roots, awaits Israeli invasion

Denial by Iran's General Staff of the drone attacks carried out against Azerbaijan today is in no way acceptable

Denial by Iran's General Staff of the drone attacks carried out against Azerbaijan today is in no way acceptable

Azerbaijani, Armenian FMs discuss regional developments

Azerbaijani, Armenian FMs discuss regional developments

The Southern Gas Corridor: A model of regional energy cooperation

The Southern Gas Corridor: A model of regional energy cooperation

U.S. condemns Iran’s drone attack on Nakhchivan, Azerbaijan

U.S. condemns Iran’s drone attack on Nakhchivan, Azerbaijan

Azerbaijan and Türkiye Discuss Rising Tensions and Regional Stability

Azerbaijan and Türkiye Discuss Rising Tensions and Regional Stability

Pakistan’s diplomatic moment: The Islamabad peace process and a race to prevent a wider war

Pakistan’s diplomatic moment: The Islamabad peace process and a race to prevent a wider war

President Ilham Aliyev visits Iranian Embassy in Azerbaijan to offer condolences

President Ilham Aliyev visits Iranian Embassy in Azerbaijan to offer condolences

Azerbaijan’s MoD strongly condemns attacks on civilian infrastructure by Iranian armed forces

Azerbaijan’s MoD strongly condemns attacks on civilian infrastructure by Iranian armed forces

News Line
Most Read

22:14 UFC Holds Its 12th Graduation Ceremony
07:50 TIIF 2026: A Forum That Signals Uzbekistan’s Arrival on the Global Investment Map
18:53 Son of Norwegian crown princess jailed for rape
17:49 Armenian opposition protests ‘fraudulent’ election results
16:54 Bakcell announces appointment of new Chief Executive Officer
10:06 From Climate Commitments to Local Delivery //Why Climate Finance Still Fails to Reach Local Solutions
15:53 Azerbaijan–Ukraine Relations: The Strategic Weight of Political Partnership
14:19 Pakistan’s diplomatic moment: The Islamabad peace process and a race to prevent a wider war
17:15 Employees of Azerbaijan security agencies mark their professional holiday - PHOTOS
20:13 Discover the world during the Novruz holiday with Bakcell roaming!
16:14 Azerbaijani FM stresses importance of Iran's concluding investigation into drone attacks on Nakhchivan
13:58 Global Baku Forum features “Global Cooperation for Housing: Perspectives for WUF13” panel discussion
13:56 Baku hosts NATO course
13:13 Azerbaijan facilitates evacuation of 16 Indian students and other nationals from Iran
20:38 ANAMA delegation held meetings at a number of companies during the visit to the People's Republic of China
14:58 Mikayil Jabbarov underlines Middle Corridor’s role in regional integration at Baku Forum
13:15 Azerbaijan discloses number of persons resettled in liberated regions in 2025
23:47 Iran live: As many as 150 US troops wounded in Iran war, sources say
22:49 Exclusive : Hezbollah returns to guerrilla roots, awaits Israeli invasion
17:51 What are the challenges in securing shipping through the Strait of Hormuz? - OPINION
11:34 Azerbaijan launches another repatriation flight for citizens in Middle East
00:04 Kuwait’s national oil company cuts production as precaution amid Iran tensions
23:50 Iran war threatens a prolonged hit to global energy markets
23:00 IRGC smuggles 3 explosive devices into Azerbaijan to target strategic sites
22:57 Azerbaijan's State Security Service discovers IRGC explosive with a 300-meter lethal radius in Garadagh
22:56 Iranian national plotted to blow up Sangachal bridge
22:51 Full report: Iranian terror lots exposed in Azerbaijan \| VIDEO
20:27 U.S. condemns Iran’s drone attack on Nakhchivan, Azerbaijan
20:07 EC President Costa to visit Baku, Azerbaijan
18:06 FM Bayramov: The Iranian side has promised to investigate the matter
16:45 Pakistan condemns Iranian actions against Azerbaijan; PM Sharif offers full state support
15:07 Azerbaijan's Prime Minister and Türkiye's Vice President hold phone conversation
14:11 Ombudsman: Drone attacks on Nakhchivan violate principles of good neighborliness
11:38 Azerbaijani oil price nears $88
09:10 Turkish President condemns Iran’s drone attacks on Azerbaijan
09:10 Organization of Turkic States condemns Iran’s drone attacks on Azerbaijan
09:07 Italian embassy in Tehran moves operations to Baku
08:45 Azerbaijani, Armenian FMs discuss regional developments
17:33 Georgian FM expresses concern over drone attacks on Azerbaijan
17:09 Prosecutor General's Office: Criminal case launched over drone attack on civilian infrastructure in Nakhchivan
17:08 President Ilham Aliyev: Note of protest will be presented to Iran
17:01 Denial by Iran's General Staff of the drone attacks carried out against Azerbaijan today is in no way acceptable
16:58 President Ilham Aliyev chaired meeting of Security Council
16:55 Azerbaijan’s Minister of Economy: Investments in non-oil and gas industry increased by 26 percent
16:45 President: Azerbaijan is not participating and will not participate in operations against Iran
16:35 President: Today, independent Azerbaijan is also a place of hope for many Azerbaijanis living in Iran
16:07 Azerbaijan, UK intend to increase flights
16:03 Remnants of drone that fell near school in Nakhchivan
15:00 FM Bayramov: Attack on Azerbaijan’s territory violates international law
14:04 Remnants of the drone that hit Nakhchivan Airport
14:00 Azerbaijan’s MoD strongly condemns attacks on civilian infrastructure by Iranian armed forces
13:05 Drone attack targets Nakhchivan International Airport
14:26 President Ilham Aliyev visits Iranian Embassy in Azerbaijan to offer condolences
14:23 The Southern Gas Corridor: A model of regional energy cooperation
14:20 Bakcell celebrates International Women’s Day with women journalists
15:39 Azerbaijan and Türkiye Discuss Rising Tensions and Regional Stability
15:33 UK Appoints New Ambassador to Azerbaijan
14:53 18 Chinese nationals evacuated from Iran to Azerbaijan amid ongoing tensions
14:30 ANAMA neutralizes 2,100 threats
14:25 SOCAR and bp Sign Cooperation Agreement on Seismic and Well Studies in the Caspian Basin
14:21 Bakcell expands digitalization of customer services
11:06 President Ilham Aliyev inspected household waste collection vehicles in Baku
11:58 Trump threatens Iran with strike of unprecedented force
11:45 Azerbaijani MFA issues statement on regional military escalation
11:25 Iran confirms death of Supreme Leader Ali Khamenei
15:31 Netanyahu says US and Israel attacked Iran to remove ‘existential threat’
15:30 Bill Clinton asked about hot tub photo and testifies he knew 'nothing' of Epstein crimes
14:37 Italian opposition accuses Meloni of manipulating elections with new law
14:11 15 dead in Bolivian plane crash on highway
13:44 Trump confirms large-scale US operation against Iran
13:24 Baku airport accommodates two international flights as an alternate airport
12:50 Azerbaijan calls on citizens to leave Iran
12:00 Ethiopian PM concludes his visit to Azerbaijan
11:42 Israel launches ‘preemptive’ strike on Iran as explosions rock Tehran - VIDEO
10:35 Paramount acquires Warner Bros. in $110 bn mega-merger
09:25 UN says 34M in Sudan will require assistance in 2026, 'highest' globally
23:43 Ethiopian Prime Minister visits Azerbaijan’s AI Academy
21:46 Back to Nature: Can biogas contend with more advanced energy sources?
20:21 Head of Presidential Administration of Azerbaijan meets with President-Designate of COP32
19:20 Ethiopian Prime Minister visits Sangachal oil terminal
18:18 Ethiopian Prime Minister Abiy Ahmed Ali visits Alat Free Economic Zone
17:15 Azerbaijan’s Economic Council convenes its meeting
16:58 Ethiopian Prime Minister visits “ASAN Khidmet” Center
16:39 Magnitude 4.7 quake hits Azerbaijan’s Shamakhi district
16:23 SOCAR President meets with Chief Executive Officer of Masdar
16:15 Official luncheon hosted in honor of Ethiopian PM in Baku
15:49 Buses, trains, subways come to halt in Germany as 48-hour strike begins
15:32 ‘You'll have to ask my husband:’ House Republicans say Hillary Clinton punted questions on Epstein
15:30 Great Return: 40 families relocated to Horovlu village receive keys to new homes
15:10 Khojaly genocide victims commemorated at Azerbaijani Embassy in Moscow
15:06 World's largest aircraft carrier arrives on Israeli shores
14:52 First VP Mehriban Aliyeva appointed as Chairman of Digital Development Council
14:32 Action plan for accelerating digital dev't in Azerbaijan for 2026-2028 approved
14:29 Azerbaijan’s Aquaculture experience presented at FAO
14:14 WUF13 official website launched
13:50 First Ladies of Azerbaijan and Ethiopia meet in Baku
13:35 Media briefing on WUF13 preparations held
13:18 President Ilham Aliyev holds expanded meeting with Ethiopian PM
13:00 Türkiye to export Hurjet aircraft to Spain in landmark defense deal
12:34 Baku unveils booking platform for WUF13
11:59 Netflix declines higher offer to acquire WBD
11:29 Azerbaijan relocates residents to Kalbajar and Khojavend cities, Horovlu village of Jabrayil district
11:01 President Ilham Aliyev holds one-on-one meeting with Ethiopian PM
10:55 Azerbaijani oil price increases
10:39 Official welcome ceremony was held for Prime Minister of Ethiopia
10:25 Ethiopian PM pays tribute to National Leader Heydar Aliyev
09:44 Anna Hakobyan announces separation from PM Pashinyan
09:12 Pakistan says 133 Afghan servicemen killed, 200 wounded in clashes
23:17 President Ilham Aliyev’s social media accounts featured video regarding his visit to Khojaly
21:26 Azerbaijan Army commemorates anniversary of Khojaly genocide
21:25 Azerbaijan’s Permanent Mission to UN: Azerbaijan will continue its efforts to build, strengthen and sustain peace and stability in the region
20:00 Azerbaijan’s Economic Council convenes its meeting
19:02 Russia working to implement agreements regarding AZAL airliner disaster - MFA
18:55 Khojaly genocide discussed in Italian Parliament
17:32 President: Today Azerbaijan is so strong that no one should even think of committing any provocation against us
17:06 Ethiopian PM arrives in Azerbaijan on official visit
16:52 CEO of World Economic Forum quits after Epstein ties scrutinised
16:20 Estonian parliamentarians condemn crime against humanity in Khojaly
15:46 Peruvian Congress adopts statement on Khojaly genocide anniversary
15:14 Azerbaijan, Georgia explore prospects for trade and energy cooperation

22:14 UFC Holds Its 12th Graduation Ceremony 536

Tell me about Azerbaijan

18:38

2025/11/aze1-1763303260.jpg

The 12 best places to visit in Azerbaijan

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

20:56

2026/02/2d04dbe62ad6d5ad99-800x0-1771347413.jpg

China marks Lunar New Year with temple visits and traditional prayers - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

21:12

2026/01/1768249820.jpg

NATO boss on Trump’s Greenland threats: Chill out, this is fine - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook

About us

If you have a story you think we might be interested to know about please email our news team at [email protected] or phone +994 125975052 and ask to be put through to AzVision.

Azvision.az ©2014 | All rights reserved