Economics - 2023
-
In an unprecedented shift, Azerbaijan has ascended to the ninth position among the European Union's top oil suppliers, outpacing Russia in sales to EU markets during the first ten months of 2023.
-
Azerbaijan and Turkey are positioning themselves for potential roles in the India-Middle East-Europe (IMEC) economic corridor, as discussions on the feasibility of this ambitious project gain momentum...
-
The Ministry of Energy of Azerbaijan clarified the issue raised in an article by the Turan agency "Azerbaijan's national electric mobility plan: "Turan Energy" LLC arouses curiosity" dated December 20...
-
bp, serving as the operator of the Azeri-Chirag-Gunashli (ACG) oil field, proudly announces a monumental achievement on behalf of its esteemed partners in the ACG project – SOCAR, MOL, INPEX, Equinor,...
-
The State Oil Company of Azerbaijan (SOCAR) has bolstered its influence in vital energy projects with the acquisition of Equinor's equity interests in the Azeri-Chirag-Guneshli (ACG) block of fields,...
-
We are pleased to announce that SOCAR AQS Sondaj Mühendislik Sanayi ve Ticaret A.Ş (SOCAR AQS Türkiye), a SOCAR AQS subsidiary, has signed another important contract with Çalık Petroleum, one of the b...
-
The press release from the public association "Digital and Audiovisual Broadcasting Industry of Azerbaijan" highlights significant challenges faced by the television broadcasting market in Azerbaijan,...
-
S&P Global Ratings has undertaken a series of rating actions on financial institutions in Azerbaijan, reflecting the bolstering funding indicators within the nation's banking sector.
-
The State Statistics Committee of Azerbaijan has released comprehensive tourism statistics for the first 11 months of 2023, revealing noteworthy trends, challenges, and prospects in the country's tour...
-
Economy Minister Mikail Jabbarov announced the inauguration of a new industrial zone at the Azerbaijani-Turkish investment forum in Baku, with the burgeoning hub set to grace the city of Ganja, the na...
-
Azerbaijan's Minister of Agriculture, Majnun Mammadov, has outlined the primary objective of the country's agrarian policy as the establishment of sustainable agriculture. Emphasizing the need for a b...
-
In the dynamic setting of the Azerbaijani-Turkish Investment Forum in Baku, the Agency for the Promotion of Exports and Investments in Azerbaijan (Azpromo) and the Public Association of Businessmen an...
-
Baku play host today to the Azerbaijani-Turkish Investment Forum, a landmark event organized by the Export and Investment Promotion Agency (AZPROMO) and the Public Association "Entrepreneurs and Indus...
-
Iran intends to begin construction of the Rasht–Astara railway in Gilan province as part of the International North–South Transport Corridor (INSTC) in early 2024, announced the Minister of Roads and...
-
At a meeting held today, the Board of the Ministry of Energy, presided over by Energy Minister Parviz Shakhbazov, gave its approval to the draft work plan for 2024. Although specific details of the pl...
-
Azerbaijan is laying the groundwork for a foray into medical tourism, with preliminary plans unveiled by Vugar Gurbanov, Executive Director of the Association for the Management of Medical Territorial...















