Economics - 2024
-
President Ilham Aliyev of Azerbaijan has issued a decree resulting in the liquidation of the State Commercial Insurance Company Azərsığorta OJSC. The decree, signed today, rescinds a previous directiv...
-
The Cabinet of Ministers in Azerbaijan has granted approval for the payment structure related to vehicle disposal, benefits applicable to vehicles designated for disposal, and the corresponding lump s...
-
Azerbaijan's national air carrier, AZAL, has officially joined the United Nations Global Compact, as revealed by the press service of Azerbaijan Airlines CJSC. This significant move aligns with the ai...
-
In a press conference today, Central Bank Chairman Taleh Kazimov addressed concerns over the refusal of certain banks in Azerbaijan to accept old-style US dollars, shedding light on the issue and disp...
-
Decades after the Soviet era, Azerbaijan continues to grapple with the issue of unprivatized real estate, leaving numerous properties without a designated owner. Metin Einullaev, the head of the State...
-
Azerbaijan's strategic foreign exchange reserves closed the year 2023 at an estimated $68.5 billion, marking a significant 17% surge, announced Central Bank Chairman Taleh Kazimov during a press confe...
-
The Central Bank of Azerbaijan (CBA) has identified key risks to consumer prices in the country, highlighting potential threats that could affect inflation in 2024, reads a statement on the discount r...
-
Azerbaijan is set to streamline the entire process of apartment purchases within Housing and Construction Cooperatives (HBC) through a comprehensive single electronic platform, according to statements...
-
In a virtual ceremony, the Ministry of Economy of Azerbaijan and the Islamic Development Bank (IDB) officially signed the "Memorandum of Understanding on the Preparation of the Framework for National...








