Economics - 2024
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As Azerbaijan gears up to host the 29th UN Climate Change Conference of the Parties (COP29), the State Migration Service (SMS), in partnership with the COP29 Organizing Committee and COP29 Azerbaijan...
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Baku - The Government of Azerbaijan, in collaboration with relevant agencies, continues to explore carbon pricing scenarios as part of its commitment to sustainable development and climate action. Thi...
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Azerbaijan's Information and Communication Technologies Agency (ICTA), the country's regulatory body for telecommunications and postal services, conducted a regular training session under the “Competi...
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The United Nations has supported Azerbaijan's COP29 presidency in its efforts to prepare for the largest climate conference of the year, UN Resident Coordinator in Azerbaijan Vladanka Andreyeva said o...
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Azerbaijan’s SOCAR Polymer has reported a substantial rise in propylene exports, marking a 65% increase in September 2024 compared to previous months. This surge comes amid a general slowdown in polyp...
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Azerbaijan’s Parliament has amended the country's tourism law to restrict certain industrial activities within tourism and recreation zones, reinforcing environmental protections aimed at sustaining t...
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The Baku-Tbilisi-Kars (BTK) railway, launched on October 30, 2017, celebrates its seventh anniversary, showcasing robust growth in freight transportation. According to Azerbaijan Railways (ADY), BTK,...
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, announced on social media platform X that a high-level session of the Baku Initiative on Climate Finance, Investment, and Trade (BICFIT) is schedule...
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Gulnar Mammadova (a pseudonym), who has suffered from asthma in Baku for seven years, says summer has become increasingly challenging in recent years. According to her, the intense heat combined with...
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Turkey increased imports of Russian Urals crude to 7.41 million barrels in October from 5.15 million barrels in September, driven by the recent restart of the STAR refinery after a major scheduled ove...
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Azerbaijan's agricultural sector reported a modest growth of 0.8% year-on-year from January to September 2024, reaching a total production value of 10.4185 billion manats, according to the State Stati...
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On October 29, Azerbaijan’s Cabinet of Ministers approved a decision to allocate 229 hectares of state-owned land in the Jabrayil district, part of the East Zangezur economic region, for the developme...
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On October 29, Azerbaijan’s President Ilham Aliyev has signed a decree introducing several amendments aimed at refining the centralized electronic information system and state social insurance adminis...
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability acr...
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Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
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Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely dr...















