Economics - 2024
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzad...
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there h...
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral c...
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the ener...
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a significant increase in its assets, reaching $58,000.6 million as of June 30, 2024.
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On Tuesday, Azerbaijani President Ilham Aliyev issued a decree amending the list of services provided to micro, small, and medium-sized enterprises (MSMEs). The amendments aim to optimize processes an...
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President Ilham Aliyev of Azerbaijan signed a decree on July 16 to ensure the implementation of Law No. 2024-VIQD, dated June 28, 2024, which amends the Family Code and several key information laws of...
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The State Oil Company of the Azerbaijan Republic (SOCAR) announced its intention to acquire a 51% stake in Azər Türk Bank OJSC, marking a significant move in the state-owned company’s expansion into t...
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The latest figures from the State Statistics Committee of Azerbaijan present a troubling picture for the country's agricultural sector. Despite some areas of growth, the overall indicators for the fir...








