Economics - 2024
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Energy Minister Parviz Shahbazov recently convened with Alessandra Roccasalvo, the Acting Permanent Representative of the United Nations Development Programme (UNDP) in Azerbaijan, to explore avenues...
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The 4th meeting of the Joint Azerbaijani-Saudi Business Council convened in Riyadh, Kingdom of Saudi Arabia, showcasing a commitment to bolstering economic ties between the two nations. Organized by t...
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On April 30, the third meeting of the Economic Cooperation Forum of the League of Arab States, Central Asia, and the Republic of Azerbaijan convened, marking a significant step toward deepening the co...
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The Entrepreneurship Development Fund (EDF) of Azerbaijan's Ministry of Economy has reported a significant increase in its financial activities for 2023, emphasizing its enhanced support for the small...
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As Azerbaijan faces the evolving challenges of climate change, the country’s agricultural sector is finding stronger footing through enhanced insurance measures. The Agricultural Insurance Fund (FAS)...
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The Central Bank of Azerbaijan (CBA) is set to launch an innovative program tomorrow, designed to accelerate the development of the fintech sector in the country. This initiative introduces a special...
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The Kyrgyz-Azerbaijani Development Fund (KADF), established in 2022 with an initial capital of $25 million and recently increased to $100 million in April 2024, can make significant strides in enhanci...
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Azerbaijani Economy Minister Mikail Jabbarov is currently visiting Saudi Arabia, where he has engaged in significant discussions aimed at bolstering economic and energy collaboration between the two n...
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In the first quarter of 2024, Azerbaijan reported a significant drop in non-oil product exports, totaling $608 million, a sharp decline of $223 million from the $831 million recorded in the same perio...
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In a significant presentation at the annual meeting of the Islamic Development Bank (IDB) Group held in Riyadh, Azerbaijan introduced a forward-thinking agenda for the 29th session of the Conference o...
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The Central Bank of Azerbaijan (CBA) has levied a fine against an official of ABB-Invest Investment Company OJSC for breaching legislation pertaining to anti-money laundering and countering the financ...
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A two-day seminar on aviation safety and risk assessment, titled "Aviation Safety and Risk Assessment," commenced in Baku on April 29. The seminar, jointly organized by the Permanent Secretariat of th...
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In a significant development in the energy sector, SOCAR (State Oil Company of Azerbaijan Republic) and the French oil and gas giant TotalEnergies have successfully concluded a deal to sell a 15% stak...
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BP, the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project, has initiated a scheduled maintenance shutdown at the Deepwater Gunashli platform as part of its annual work pr...
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The allocation of funds for social protection and security has surged in Azerbaijan, raising questions about the possibility of further increases in salaries, benefits, and other social provisions thi...
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In order to expand its capabilities in the field of metrology, it is planned to create 27 new reference laboratories in Azerbaijan, the State Antimonopoly Control and Consumer Market Supervision Servi...















