Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs,...
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments co...
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This mee...
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Azerbaijan's Ministry of Energy hosted a regular meeting of the commission established by the Presidential Decree on additional measures for renewable energy projects. The commission, chaired by Energ...
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Azerbaijani Prime Minister Ali Asadov signed a decree on July 25 aimed at optimizing the integration and management of financial data across various government agencies. The new measures, outlined in...
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A presentation of the 2024 Roadmap for improving Internet utilities, part of the World Bank Group's "Favorable Business Environment" project, took place in Baku, officials said on Thursday.
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A strategic partnership agreement was signed in Baku today between Green Capital Management, a UAE-based company with Azerbaijani investments, and the Qatari company Al Baladi Holdings. The document w...
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Azerbaijan and Serbia convened today in Baku for the 8th meeting of their intergovernmental commission on trade and economic cooperation. The session was co-chaired by Azerbaijan’s Minister of Labor a...
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President of the State Oil Company of the Republic of Azerbaijan (SOCAR) Rovshan Najaf met with Chairman of the Board of the Kazakh National Company KazMunayGas Askhat Khasenov to discuss issues of ex...
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The Ministry of Digital Development and Transport (MCRT) responded to Turan Agency's information request from July 11, 2024, within two weeks. The agency had requested comments on an unpublished artic...
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Azerbaijan is witnessing a sharp contraction in its foreign trade turnover, with data for the first half of 2024 showing a significant 38% year-on-year decline. According to the State Statistics Commi...
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Elnur Aliyev, Advisor to the Minister of Science and Education, stated to journalists that a per capita financing system will be introduced in schools by the end of 2026: "This is currently a pilot pr...
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The Cabinet of Ministers of the Republic of Azerbaijan has adopted a resolution to approve the "Rules for the Transportation of Passengers, Luggage, and Cargo-Luggage by Rail Transport." This resoluti...
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The Cabinet of Ministers of the Republic of Azerbaijan approved a series of amendments to the excise rates on excisable goods imported into the country on July 23. The changes, ratified on January 19,...
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The Information and Communication Technologies Agency (ICTA), Azerbaijan's regulatory body for telecommunications and postal services, has registered six new telecommunications operators and providers...