Economy

As of September 1, 2024, there were 1,570,205 taxpayers in Azerbaijan, which is 6.1% more than in the same period...

The Energy Efficiency Fund, established by a decree signed by President Ilham Aliyev on March 1, 2024, is set to...

OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest...

As of July 1, 2021, 25.9% of Azerbaijan's external public debt, amounting to $1.387 billion>, was attributed to government bonds...

The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Gazprom have reached an agreement to expand their multifaceted strategic...

From August 1, 2024, the State Oil Company of Azerbaijan (SOCAR) started supplying gas to Slovenia, Report informs, citing the...

The United States has announced a significant financial commitment to strengthen the global fight against pandemics. According to Report, Treasury...

Azerbaijan and China are ready to further increase the volume of bilateral trade, optimize the structure of goods, and facilitate...

Austria allocates €21.5 million from the Disaster Relief Fund for humanitarian aid in various parts of the world, Report informs...

Gold prices on Thursday hit record highs for the fifth time this month after the US Federal Reserve signalled it...

US crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more...

As part of the Shah Deniz 2 project, production began from the northeastern flank of the field, Report informs referring...

The Mortgage and Credit Guarantee Fund of Azerbaijan (MCGF) has allocated limits for issuing mortgage loans, including preferential mortgage loans,...

Global headline inflation is expected to fall from an estimated 6.8% in 2023 (annual average) to 5.8% in 2024 and...

More than $500 billion was invested in energy transition during 2023, Report informs, citing the international agency S&P Global Commodity...

Saudi Aramco has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd., Report informs...

Azerbaijan's Minister of Energy Parviz Shahbazov, at the invitation of Chief Executive Director of the 28th session of the Conference...

President Biden announced at the Americas Partnership for Economic Prosperity Leaders’ Summit nearly $485 million in additional humanitarian assistance to...

Toyota Motor will gradually restart operations from October 24 morning at the remaining lines of group plants that had been...

Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt...