Economics - 2025
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies...
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value,...
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This g...
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The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Plannin...
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The State Oil Company of Azerbaijan (SOCAR) will begin issuing "green" bonds on January 15, with a total issuance volume of USD 200 million, according to an official SOCAR statement cited by Turan.
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On January 10, 2025, Azerbaijani President Ilham Aliyev signed a decree dismissing Samir Sharifov from his position as Minister of Finance. After 19 years of serving as Minister of Finance, Sharifov h...
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Azerbaijan's gas exports to the EU via the Southern Gas Corridor (SGC) have sharply decreased since January 7, due to technical issues at a strategic facility in Azerbaijan, according to Turan, citing...
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During a press conference in Baku on Friday, Deputy Minister of Digital Development and Transport of Azerbaijan, Rahman Hummatov, highlighted the country's significant achievements and future plans in...
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Economist Gubad Ibadoglu provides a sobering analysis of Azerbaijan’s economic prospects as 2025 begins, highlighting a landscape marked by declining oil prices, rising inflation, and expectations of...
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Azerbaijan's Ministry of Emergency Situations has announced amendments to several regulatory documents in compliance with the country's updated administrative procedure law. The decision, signed by Mi...
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President Ilham Aliyev's recent move to consolidate state-owned transport and telecommunications companies under the newly established holding AZCON is being interpreted as a step toward eventual priv...










