Economics - 2024
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The Eurasian Development Bank (EDB) is actively exploring the possibility of expanding its shareholder base to include neighboring countries such as Azerbaijan, Turkmenistan, and Mongolia. This was an...
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In 2023, the trade turnover between Azerbaijan and Turkey reached $7.5 billion, aligning with 50% of the target set by both nations, which aims for $15 billion in future bilateral trade. This mileston...
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Azerbaijan's President Ilham Aliyev signed a decree on Thursday to establish the Nakhchivan Industrial Park in the Nakhchivan Autonomous Republic, aiming to foster competitive production and bolster e...
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SOCAR and Yokogawa Electric signed a Memorandum of Understanding (MoU) on Thursday to enhance their collaboration.
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The government of Azerbaijan, in its forecasts for the country’s socio-economic development for 2025-28, has announced plans to increase investment volumes in the economy from both domestic and foreig...
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In the first 11 months of 2024, Azerbaijan Railways CJSC (ADY) transported over 7.6 million passengers, marking a 20% increase compared to the same period last year, the company announced on Thursday.
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The Cabinet of Ministers of Azerbaijan has approved amendments to the list of entities under the State Tourism Agency that are not part of its primary structure, in a move aimed at improving the manag...
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At the inaugural Caspian Innovation Forum, Orkhan Mammadov, Chairman of the Board of Azerbaijan’s Small and Medium Business Development Agency (KOBIA), announced a significant milestone in the country...
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As part of growing regional cooperation, Arif Agayev, Deputy Chairman of Azerbaijan Railways (ADY), hosted a Belarusian delegation led by Andrei Yakobson, Deputy Chairman of Belarusian Railways (BDY),...








