Economics - 2025
-
In 2024, Azerbaijan witnessed significant growth among rapidly expanding enterprises, particularly in the booming non-oil sector. As the government prioritizes economic diversification, companies in i...
-
Azerbaijan’s State Oil Fund (SOFAZ) reported a 10.7% decline in revenues from the Azeri-Chirag-Gunashli (ACG) oil field block in 2024, amounting to $740.7 million less than the previous year. Total ea...
-
The Azerbaijan Land Transport Agency (AYNA) has reduced the average age of taxis from 15 to 7 years in 2024 as part of comprehensive transport reforms aimed at enhancing safety, sustainability, and se...
-
Azerbaijan's State Special Communication and Information Security Service (SSCISS) has reported vulnerabilities in the security systems of 857 information resources across state institutions in 2024,...
-
The Azerbaijan Banks Association (ABA) announced that, in accordance with the recommendations of the Central Bank of Azerbaijan and in collaboration with the Azerbaijan Microfinance Association (AMFA)...
-
The Cabinet of Ministers of Azerbaijan has approved regulations for maintaining a unified registry of grants received on behalf of the state or government. The decision, made on January 7, 2025, align...
-
Azerbaijan Airlines (AZAL) has announced the cancellation of its scheduled Baku-Kazan-Baku flight on January 8, citing the closure of airspace over Kazan due to the implementation of the "Kovyor" plan...






