Economics - 2024
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BP has signed a shareholders agreement with SOCAR Green (a subsidiary of SOCAR) and the Azerbaijan Investment Company (AIC) to form a joint venture for the construction of a 240 MW solar power plant i...
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The State Oil Company of Azerbaijan (SOCAR) and Russian energy giant Gazprom are discussing further steps to strengthen their strategic partnership in the energy sector, SOCAR announced on social medi...
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Azerbaijan, known worldwide for its oil wealth, has seen its oil and gas sector contribute at least 90% of its exports, significantly shaping the country’s GDP, foreign investment, and fiscal stabilit...
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In Azerbaijan, it is planned to calculate wages on an hourly basis instead of monthly. At the same time, according to officials' statements, salary increases are expected next year. So far, there is n...
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The third day of the Baku Climate Action Week, dedicated to the upcoming COM 29 Climate Summit, discussed the role of global financial flows in supporting green energy and sustainable development proj...
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Azerbaijan Airlines (AZAL) has signed a leasing agreement with AerCap, the world’s largest aircraft leasing company, for six new Airbus aircraft as part of its fleet modernization plan. The deal inclu...
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A group of residents in Baku have appealed to Azerbaijani President Ilham Aliyev, accusing the construction firm Qlobal SF MMC of deceiving 150 families in a housing dispute that has spanned over a de...






