Economics - 2024
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Italian firm Snam, a major shareholder in the Trans Adriatic Gas Pipeline (TAP), has unveiled ambitious plans to boost investments in gas infrastructure, earmarking 11.5 billion euros ($12.5 billion)...
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Azerpocht LLC, the Azerbaijani postal service, recently held a briefing to unveil its achievements and financial results for the year 2023. Acting Chairman of the Board, Isi Mustafayev, highlighted th...
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The Central Bank of Azerbaijan (CBA) is set to modernize its licensing process, announcing plans to transition to an online framework for entrepreneurs seeking licenses. The revelation came from Ramil...
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A significant portion of Azerbaijan's reserve funds has been directed towards financing crucial infrastructure projects, according to operational data from the Ministry of Finance. Last year, 300 mill...
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In the fiscal year 2023, Azerbaijan demonstrated a robust surge in the production of building materials, registering a noteworthy increase of 31.8%, reaching a total value of 1 billion 180.3 million m...
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In a bid to make European travel more accessible, Azerbaijan Airlines (AZAL) has unveiled enticing new fare options for flights to six major cities on the continent. Travel enthusiasts can now take ad...
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Azerbaijan has rapidly become a leading supplier of edible eggs to the Russian market, marking a new trend in the egg trade. Since the beginning of the year, Russia has received over 3 million edible...
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Saudi Arabia - Azerbaijani entrepreneurs from the food, perfume, and services sectors are actively participating in the esteemed Mecca Halal Forum, taking place in Saudi Arabia from January 23 to 25....
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Azerbaijani banks demonstrated robust economic support by significantly increasing lending volumes, with the latest data from the Central Bank revealing a notable decline in non-performing loans. A...
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State-owned Azerbaijani company SOCAR has employed three newly acquired Aframax tankers, Karabakh, Shusha, and Zangezur, to transport Russian Urals oil to its STAR refinery in Turkey. The move, execut...









