�Tax Holidays� Lead to 22.8% Increase in Non-oil and Non-gas Wage Bill
Economics
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Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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After a nearly five-year hiatus, passenger train services between Azerbaijan, Russia, and Georgia may soon resume, with tentative plans set for March or April. However, uncertainty remains as officials in Baku signal a more cautious approach, citing ongoing restrictions on land border crossings.
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Azerbaijan Caspian Shipping Company (ASCO) has resumed regular cargo and passenger transportation after severe weather conditions disrupted operations in the Caspian Sea, the company said on Monday.
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