In the first 9 months of this year Azerbaijan was visited by 1 million 719 thousand tourists. This is 169,400 or 10.9% more than in the comparable period of 2015. This was reported by the Ministry of Culture and Tourism on October 7.
The influx of tourists is mainly observed from Iran (up 62.9%), Kazakhstan (17.2%) and Russia (7.6%). In the first nine months a special pace of growth in the tourist influx was observed from the UAE - 34 times.
Only in the summer the regions of the country received 751,353 local and foreign tourists, 23.5% more than in the summer of 2015. -----08D
Economics
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The black boxes from the AZAL aircraft have been returned to Kazakhstan from Brazil and handed over to the investigation commission for analysis of the aviation accident that occurred near Aktau Airport on December 25, Kazakhstan's General Prosecutor's Office reported.
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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