Economics - 2023
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In a significant development, Azerbaijan has implemented stricter regulations on currency exchange, requiring citizens seeking transactions exceeding $500 from currency exchangers to provide additiona...
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The Cabinet of Ministers amended the "List of permits, the issuance, suspension, renewal, or cancellation of which must be notified to the tax authorities." Prime Minister Ali Asadov, by signing t...
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In a strategic move that echoes shifting dynamics in the European oil sector, Baku is open to exploring the acquisition of LUKOIL Neftochim Burgas, a prominent Bulgarian oil refinery, should a concret...
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President Ilham Aliyev has ratified the Law "On the Subsistence minimum in the Republic of Azerbaijan for 2024", which fixes adjustments to the subsistence minimum for various socio-demographic groups...
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In a projection that echoes global economic sentiments, experts anticipate a decline in economic indicators for Azerbaijan in 2024. Worldwide, a consistent surge in food prices is attributed to the gr...
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As a result of the legislative step, the Milli Majlis, the Parliament of Azerbaijan, adopted in the third reading a bill expanding the powers of commercial courts. The proposed amendment to the Code o...
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The ambitious Anaklia port project in Georgia has become a symbol of political turmoil and geopolitical maneuvering, as accusations fly about the deliberate obstruction by the ruling Georgian Dream pa...






