Economics - 2025
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This...
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million...
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Mediu...
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO...
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On the night of January 13-14, several flights bound for Baku from Istanbul, Moscow, and Tel Aviv were diverted to Ganja International Airport due to thick fog at Baku's Heydar Aliyev International Ai...
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Azerbaijan's Cabinet of Ministers approved a new sanitary-protection zone spanning 289.5 hectares for the Dashalti State Nature Reserve on Sunday, in a move aimed at strengthening environmental protec...
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During a working visit to the United Arab Emirates, Azerbaijani President Ilham Aliyev met with UAE President Sheikh Mohammed bin Zayed Al Nahyan on January 13, 2025, in Abu Dhabi. The meeting undersc...
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Azerbaijan's Consumer Price Index (CPI) in December 2024 marked a year-on-year increase of 4.9%, with food and beverage inflation leading the surge, according to data from the State Statistics Committ...
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In 2024, Azerbaijan produced 29.1 million tonnes of oil together with condensate, down from 30.2 million tonnes in 2023, according to preliminary information published by the country’s Ministry of Ene...
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Azerbaijan’s inflation rate in 2024 remained relatively stable, averaging 2.2% for the year, according to data from the State Statistics Committee. While this marks a period of subdued price growth co...









