Economics - 2024
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On June 6-7 the 14th meeting of the intergovernmental commission on trade and economic cooperation, alongside the Belarusian-Azerbaijani business forum, is set to take place in Minsk. The event will f...
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with a delegation from Honeywell, led by President and Chief Executive Officer Anant Maheshwari,...
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Harvesting has commenced for the first time at the Yevlakh pilot agropark. According to the Agency for the Development of Economic Zones, Agrotop and ISFA companies, residents of the agropark, have co...
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The Khojaly, the newest addition to the fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC, is set to make history as the first vessel to sail in American waters under the flag of Azerbaijan, em...
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‘Azerbaijan has historically been an oil and gas country, but now we are setting ambitious tasks for ourselves in the field of energy transition,’ said Azerbaijan's Deputy Energy Minister Samir Veliye...
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President Ilham Aliyev and First Lady Mehriban Aliyeva of Azerbaijan attended the presentation of the Crescent Bay project and the opening of the Crescent Mall in Baku on Monday, according to a statem...
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The Ministry of Economy has unveiled a comprehensive list of benefits available to entrepreneurs interested in establishing projects in industrial parks located in the liberated territories of Azerbai...
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The Huawei Innovative Data Infrastructure Forum took center stage as part of the three-day Huawei Tech Carnival & Partner Summit 2024 event in Baku. The forum, themed "Awakening Data: Building a bette...
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Baku served as the venue for the conference titled "Education on the Green Growth Agenda," underscoring Azerbaijan's commitment to fostering sustainable development and environmental stewardship.
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On May 25, Prime Minister of the Republic of Azerbaijan, Ali Asadov, signed a decree approving the "Procedure for Checking Regulatory Documents in the Field of Standardization," aiming to streamline a...
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Today, on May 27, a draft law slated to amend the state and review budgets for 2024 is under consideration at a meeting of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship...
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The ratification of the agreement to establish a simplified customs corridor, facilitating the integration of information systems among Turkey, Azerbaijan, Kazakhstan, Kyrgyzstan, and Uzbekistan, has...
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On May 25, Prime Minister of the Republic of Azerbaijan Ali Asadov signed a decree approving the "Directions of independent expert activity", defining the areas in which independent experts will work.
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The Ministry of Economy of Azerbaijan has revised its macroeconomic forecast, increasing the average annual export price of oil from $60 to $75 per barrel. This $15 increase is based on actual sales p...
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Azerbaijan's state budget for 2024 plans a significant increase in spending on defense and national security, with an additional allocation of 705 million manats ($414.7 million). This brings the tota...
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An expanded meeting of the Working Group on "connecting to water networks" of the Commission on Business Environment and International Ratings was held on May 24. The meeting featured presentations on...















