According to the State Statistics Committee, by 1 August 888.7 thousand sq. meters of housing was commissioned (minus 14.5% against January-July last year - 1 million 39.2 thousand square meters).
At the end of seven months June is considered to be the best (213.7 thousand sq. m).
Apparently, by the end of the year last year's result (1 million. 927.2 thousand square m) will not be achieved, as well as the final figure for 2014 (1 million 978.3 thousand sq. m), or the figure for 2013 (2 million 138.8 thousand sq. m), not to mention earlier periods, when the peak activity was recorded in this segment of the economy. --17D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.
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Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.
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