Economics - 2024
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Azerbaijan and the International Finance Corporation (IFC) engaged in discussions aimed at enhancing collaboration on COP29, as revealed by Economy Minister Mikail Jabbarov in a post on the social net...
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An important milestone was the successful completion by Iraqi Airways of its first flight from Kirkuk to Baku, the capital of Azerbaijan, which marked the beginning of air service between the two coun...
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At a recent briefing on the initiative to support entrepreneurship in the territories liberated from occupation, Osman Khaliyev, Chairman of the Board of the Entrepreneurship Development Fund (FRF) un...
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Seymour Adygezalov took over the position of Chairman of the Board of the Agency for the Development of Economic Zones under the Ministry of Economy of Azerbaijan, replacing Elshad Nuriyev, who was ap...
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In January 2024, the State Oil Fund of Azerbaijan (SOFAR) reported a noticeable increase in sales of foreign currency, reaching $ 417 million at foreign exchange auctions. This figure represents a sig...
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The demand for dollars in Azerbaijan has witnessed a notable upswing, raising questions about the underlying factors driving this surge. According to Member of Parliament, economist Vyugar Bayramov, r...
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SOCIAL Capital has declared the ninth coupon payment of $1.125 million for bondholders of State Oil Company (SOCAR) bonds, issued in November 2021 with a total value of $100 million. The bonds, with a...
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Azerbaijan Caspian Shipping Company CJSC (ASCO), in collaboration with Azerbaijan Investment Holding (AIH) and the European Bank for Reconstruction and Development (EBRD), has formalized a loan agreem...







