Economics - 2024
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In a bid to bolster its infrastructure and enhance commuter experience, Baku Metro CJSC unveils plans to procure 65 new railcars from Russia by the culmination of 2026, Deputy Chairman Idayat Mammadov...
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In a stark revelation, the Central Bank's monetary policy review for 2023 disclosed a significant downturn in cash inflows to Azerbaijan, sounding alarms over the nation's economic resilience. The rep...
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The conference titled "Unchanging Values and Changing Opportunities" convened in Baku on Thursday to commemorate the 10th anniversary of the establishment of Baku Metro CJSC. The Baku metro, inaugurat...
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The number of passenger cars in Azerbaijan is growing every year. In January-November 2023, according to state statistics, 88,151 vehicles for transporting people were imported into the country, by 28...
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In the opening months of 2024, Azerbaijan finds itself grappling with a notable surge in demand for dollars, a trend underscored by the robust results of currency auctions conducted by the Central Ban...
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In a noteworthy trend, Azerbaijani individuals have begun favoring dollar deposits over mandatory ones, marking a significant shift in the country's banking landscape. According to statistical data re...
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On Wednesday, February 28, the XII Russian-Azerbaijani Interregional Forum is being held in Mineralnye Vody under the chairmanship of Deputy Prime Ministers of Russia and Azerbaijan Alexey Overchuk an...
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The Russian government's decision to impose a six-month ban on the export of gasoline starting from March 1 has stirred concerns within Azerbaijan's energy sector. With Azerbaijan heavily reliant on g...
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The Agency for the Development of Small and Medium-sized Businesses (KOBIA) in Azerbaijan intends to allocate more than 290,000 manats for the creation of a modular office within the framework of the...
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The combination of opportunities in the growing e-commerce sector stimulated productive discussions between the Ministry of Economy of Azerbaijan and a high-level delegation from Alibaba, the e-commer...
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The Central Bank of Azerbaijan (CBA) reports on the downward line of dollarization in the country's banking sector. The latest monetary policy report reveals a significant reduction in the level of do...
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About 180 German companies are successfully operating in Azerbaijan, and the trade turnover between Azerbaijan and Germany has increased by 45.4% to $1.8 billion. This was announced today during a...
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Giulia Chierchia, BP's executive vice president for Strategy, Sustainable Development and Venture Capital, departs on February 27 for a three-day visit to Baku, which marks a turning point in the deve...
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Against the backdrop of a recently published World Bank study titled "Trade and Transport Medium Corridor," Tbilisi, the capital of Georgia, became the focal point for discussions on optimizing cargo...
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The European Bank for Reconstruction and Development (EBRD) has underscored its commitment to Azerbaijan's renewable energy transition by signaling its readiness to extend a pivotal loan aimed at bols...
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Heydar Aliyev International Airport has unveiled its roster of the ten most coveted international destinations, shedding light on the evolving travel preferences of passengers departing from Baku. Fro...















