Economics - 2022
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The State Agency for Mineral Resources Use (SAMRU) has announced another auction for sale of the right to operate mineral deposits. This time investors are offered four quarries on five lots.According...
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The Entrepreneurship Development Fund (EDF) has launched subsidizing interest on loans issued by banks and other lending institutions to micro, small and medium-sized entrepreneurs engaged in agricult...
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The State Service for Antimonopoly Supervision and Control of the Consumer Market under the Ministry of Economy is conducting a study at the salt market. The Service will start reviewing the case init...
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The Baku refinery named after Heydar Aliyev and the production association (PA) "Azerikimya," as well as SOCAR Polymer plants will resume operation next week after preventive maintenance, a SOCAR repr...
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Nearly 900,000 passengers have been handled by Azerbaijan's international airports since the beginning of the year. This is nearly twice as much as the same period in 2021, AZAL's press service report...
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GP Cotton Holdings Ltd, of which there is no public information about its activities and owners, has raised its share capital by 44%. This happened after the March takeover of two companies Renessans...
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According to "Turan News Agency", if in January-February at least 5 companies with Russian capital were registered in Azerbaijan, their number reached 11 in March.Legal representatives of four of the...
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Baku Metro announced another contract for purchase of computers and their accessories with total cost exceeding than AZN 1 million.According to information announced via the unified portal of public e...
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On May 12 the Cabinet of Ministers decided to zero import duties for a range of goods. These largely include raw materials for food industry.According to the government's decision, a 15% customs duty...
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In the first quarter of this year, industrial products under the control of the Agency for the Development of Economic Zones were produced for total AZN 681 million which is up by 1.8 times from the s...









