Net profit increased to 403.4 million lari ($130 million) in the first half of the year from 69.2 million lari in the same period last year.

Lenders reported a fall in total net profit of 4.5 percent year-on-year of 408.9 million manats ($240.5 million) in the period from January to July  2021, but an increase from the 366.3 million manats reported a month earlier.

The implementation of this article would create unique connectivity not only between Armenia and Azerbaijan, but also with Russia, Turkey, and Iran and potentially even the greater neighbourhood.

Pro-Kremlin websites pump out anti-Turkish conspiracy theories, some fixated on trashing the Turkish Intelligence Service MIT, Moscow is obviously seething with Ankara in helping its ally in Azerbaijan.

The volume of gas exported through the SGC rose to 9.775 billion cubic metres (bcm) in the first seven months of 2021.

Umm-El-Banine Assadoulaeff, known as “Banine,” who immortalised her childhood in early 20th century Baku in her memoir, Days of the Caucasus, lived through the 20th century’s most defining moments.