On July 17, all of JSC AZAL flights to the cities of Turkey and back were restored in a normal mode. Turan was told by the head of the press service of AZAL Pasha Kesamanski.
Recall that the delay in the flights originated in connection with the attempted military coup in Turkey on the night of July 16. Two flights from Baku to Istanbul and one to Ankara were canceled on Saturday. For this reason, hundreds of people got stuck in airports and could not get to their destination in time. Among them were many foreigners who flew over Baku and Istanbul as transit passengers. -06B-
Economics
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The 12th International Caspian Energy Forum commenced today in Baku, organized by the Caspian Energy Club in collaboration with Enermus, bringing together over 500 delegates from across the Caspian-Black Sea and Baltic regions.
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The World Bank has recommended that Azerbaijan cut subsidies in its water sector to enhance system sustainability and address the escalating issue of water scarcity, Stephanie Stollmeister, Manager of the World Bank Representative Office in Azerbaijan, reported.
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Last week, the Central Bank of Russia raised the interest rate from 18% to 19% annually. The decision to increase the rate was made against the backdrop of rising inflation expectations among the public and businesses.
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Azerbaijan’s Cabinet of Ministers has announced a detailed timeline for the mandatory transition of labor contracts to an electronic document format, in accordance with a decree issued by the President of Azerbaijan on June 28, 2024. The resolution, signed on September 17 by Prime Minister Ali Asadov, outlines phased implementation deadlines for different categories of employers, with the aim of modernizing labor documentation and improving efficiency.
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