The State Joint-Stock Company "Azerbaijan Airlines» (AZAL) has announced a new promotion for flights Baku-Dubai-Baku. Airfare for the flights Baku-Dubai-Baku with departures up to December 1, 2016 will amount to 188 euros, all taxes and fees included; free baggage allowance (23 kg) and a full range of hot and cold food is also included the ticket price. AZAL flights from Baku to Dubai are performed daily by the comfortable Airbus A319 airliners and A320.
According to the Silk Way Travel, the exclusive sales agent of AZAL tickets, before this action the tickets in this destination were sold for 218 Euro. --08D--
Economics
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Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
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Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
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The value of paid services provided to the population in Baku reached 6.94 billion manats in the first eleven months of 2024, reflecting a real-term increase of 9.2% compared to the same period in 2023, according to data from the Baku City Statistical Department.
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According to data from the Baku City Statistical Department, the retail trade turnover in Azerbaijan’s capital, Baku, increased by 5% year-on-year from January to November 2024, reaching 31.6 billion manats. This growth reflects the steady recovery of the economy and consumer confidence amid broader market stability.
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