How Much Does COP29 Cost?

Azerbaijan's defense and national security expenditures are set to increase significantly next year, driven by the need to enhance military capabilities and respond to Armenia's escalating militarization efforts, Finance Minister Samir Sharifov said on Monday.

Azerbaijan's state budget expenditure for 2025 has been proposed at AZN 41.368 billion, Finance Minister Samir Sharifov announced during a session of the Parliamentary Committee on Economic Policy, Industry, and Entrepreneurship on Saturday.

The Asian Infrastructure Investment Bank (AIIB) has announced the size of its first allocated loan for renewable energy projects in Azerbaijan.

The State Oil Company of Azerbaijan (SOCAR), through one of its trading subsidiaries — SOCAR Trading, is seeking a license from the Romanian regulator to conduct trading operations in the country, an informed source exclusively told Turan.