INMerge Innovation Summit Highlights Baku as a Regional Hub for Technology and Investment

The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.

In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.

The shareholders of JSC "Saba" (Səba) have scheduled an extraordinary general meeting for October 28 at 15:00, where the main agenda item will be the liquidation of the joint-stock company and the formation of a liquidation commission, according to company announcements.

The upcoming 29th Conference of the Parties (COP29) is expected to mark a turning point in the global fight against climate change, as negotiators anticipate a groundbreaking agreement on climate finance and the formation of regulated carbon markets, in line with Article 6 of the Paris Agreement.