Economics - 2024
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In a significant development in the energy sector, SOCAR (State Oil Company of Azerbaijan Republic) and the French oil and gas giant TotalEnergies have successfully concluded a deal to sell a 15% stak...
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BP, the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project, has initiated a scheduled maintenance shutdown at the Deepwater Gunashli platform as part of its annual work pr...
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The allocation of funds for social protection and security has surged in Azerbaijan, raising questions about the possibility of further increases in salaries, benefits, and other social provisions thi...
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In order to expand its capabilities in the field of metrology, it is planned to create 27 new reference laboratories in Azerbaijan, the State Antimonopoly Control and Consumer Market Supervision Servi...
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The Azerbaijani banking sector exhibited robust growth in the first quarter of 2024, with assets increasing by 9.1% compared to the same period last year, reaching a total of 48.91 billion manats, acc...
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"Considering that 99.6% of the business entities operating in our country are small and medium-sized businesses, it is obvious that the sustainable development of the country is closely linked to the...
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Note that a share of the non-governmental sector in Azerbaijan's GDP has reached 83%, and its share in employment has exceeded 78%. At present, about 99.6% of business entities in the country are smal...






