Economics - 2024
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Buildings in Azerbaijan consume 33.5% of the nation’s total energy, surpassing the global average of 30%, according to a report presented by the World Bank at the second annual reporting meeting of th...
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The Milli Majlis, Azerbaijan's parliament, has given the nod to the draft law "On the Execution of the State Budget of the Republic of Azerbaijan for 2023" in its initial reading during the parliament...
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Today marks the commencement of the inaugural conference of the Young Agro-Entrepreneurs project in Azerbaijan, a pioneering initiative aimed at revitalizing the agricultural sector through innovation...
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The Central Bank of Azerbaijan (CBA) has approved significant additions and amendments to its regulations, mandating life insurance for borrowers of consumer loans in case of death or disability. This...
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The State Oil Company of Azerbaijan (SOCAR) has acquired a 3% equity interest in the SARB and Umm Lulu fields from the Abu Dhabi National Oil Company (ADNOC. The deal, finalized on May 30, marks a str...
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Baku, Azerbaijan (Reuters) - Azerbaijan Caspian Shipping Company (ASCO) Closed Joint Stock Company reported a net profit of 43.685 million manats for the fiscal year 2023, marking a significant declin...





