Turkey arrested One of the partners of the project Khazar Islands is arrested in Turkey
As part of an anti- corruption operation, the Turkish police arrested about 60 people, among them one of the largest construction magnates Ali Agaoglu. This billionaire is a partner of famous in Azerbaijan building businessman Ibrahim Ibrahimli, better known as Haji Ibrahim Nehramli.
In 2012 Agaoglu came to Baku to discuss the implementation of this ambitious project, estimated at a billion dollars. According to Turkish media , Agaoglu invested in this project on the Caspian coast 125 million.
The Khazar Islands is located in 25 km to the south of Baku. They are artificial island on the beach with fashionable buildings, an analogue of an ambitious project of Dubai "Palma". -02В-
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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