Economy
President: Over the Last 20 Years, More Than $310 Billion Invested in Azerbaijan’s Economy
Over the past twenty years, more than $310 billion USD has been…
Anglo Asian to restart operations after agreement with Azerbaijan government
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has signed a protocol with the Government…
Grain harvest in Azerbaijan exceeds 3 million tons
According to the State Statistics Committee of Azerbaijan, as of October 1,…
Economy in focus: Azerbaijan
Azerbaijan needs to diversify its economy away from fossil fuels. One of…
Azerbaijan may introduce new state duties in navigation
Azerbaijan plans to establish a state duty for the issuance of two…
Azerbaijan’s positive balance on foreign trade declines by 24%
In January-August 2023, Azerbaijan conducted trade transactions with foreign countries worth $35.505…
Kazakhstan-Azerbaijan economic cooperation moves to new level
The economic cooperation between Kazakhstan and Azerbaijan moves to a new level.…
Barzani, Aliyev discuss promoting Azerbaijani investments in Kurdistan Region
The Kurdish and Caucasian presidents later met at Zagulba Presidential Residence to…
Azerbaijan establishes Working Group for inflation monitoring
Prime Minister of the Republic of Azerbaijan Ali Asadov signed the order…
Azerbaijan to house a new aluminium beverage can plant worth $211 million
According to a report on Monday, July 10, a new aluminium beverage…
How will plummeting Turkish and Russian currencies affect Azerbaijan’s economy?
Late June was memorable due to serious problems in the monetary markets…
Azerbaijan: Import substitution in grain production
Unfavourable weather in May-June this year slightly delayed the schedule of grain…
Akram Hasanov: Few banks will remain in the market, environment will be poor
On May 17, the Central Bank of Azerbaijan revoked Gunay Bank's license.…
Why is the IMF leaving Azerbaijan?
The public's response to the announcement of the closure of the International…
Belarus, Azerbaijan sign documents on cooperation
Belarus and Azerbaijan signed a number of documents on cooperation following the…
Azerbaijan, Türkiye ink protocol to amend Preferential Trade Agreement
"The implementation of the document will give a further impetus for increasing…
Dangerous trends in Azerbaijan’s economy: decline in industry and government spending
We already wrote about the decline in some major economic indicators of…
ADB improves economic growth forecast for Azerbaijan
According to the document, this is 0.7 percentage points more than the…
Azerbaijan’s favorable climate for foreign investments
Azerbaijan, situated at the crossroads of Europe and Asia, presents investors with…
Turan receives $1 million to digitally move money around the Turkic States
The fin-tech says it plans to 'strengthen' its presence in the region,…
Rapidly modernising Azerbaijan has become a hub for international trade and investment
The nation is diversifying beyond oil and gas to create opportunities for…
EBRD invests €86 million in Azerbaijan in 2022
The European Bank for Reconstruction and Development has summarised its 2022 activities…
Egyptian, Azerbaijani presidents tackle ways to foster trade, economic partnerships
Egypt’s President Abdel-Fattah El-Sisi and his Azerbaijani counterpart Ilham Aliyev underscored the…
Egypt eyes increasing investments with Azerbaijan, Sisi tells country’s businessmen
President Abdel-Fattah El-Sisi said he looks forward to increasing public and private…
