State air carrier AZAL reported an increase in the number of flights from Baku to London. The company said that from October 30, the flights will be operated daily (now - five times a week.) On Saturdays departure from Baku will be at 18:25, arrival to Heathrow airport - at 20:25 local time. Departure from London to Baku will be at 21:50, arrival in Baku - at 07:20 Baku time.
On other days: departure from Baku at 19:05; and arrival in London - at 21:05; Departure from London - 22:05, and arrival in Baku at 07:35 local time. Flights are carried by Boeing-787 Dreamliner, equipped with three types of classes - Economy, Comfort-club, and VIP-club. Information on pricing and purchase tickets by phone: (+99412) 598-88-80 or email: callcenter@azal.az. -02D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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