Azerbaijan chooses policy of industrialization for non-oil sector

Azerbaijan has chosen the policy of industrial production development as the leading direction for the non-oil sector.

Special economic regime to be introduced in Nakhchivan

New resident registered in Pirallakhi Iindustrial Park

List of countries with the largest economic growth by end of 2023

India is the country with the largest economic growth by the end of 2023.

MP: Manat rate directly depends on CBA decisions

The demand for dollars is growing again at currency auctions

Over 5,000 taxpayers registered in Nakhchivan for 11 months

5,521 new taxpayers were registered in the Nakhchivan Autonomous Republic for Jan-Nov 2023.

Economic growth awaits Azerbaijan next year

PM: Inflation rate decreases in Azerbaijan

Prime Minister Ali Asadov called a decrease of inflation as one of the positive macroeconomic indicators in Azerbaijan, ABC.AZ quotes the PM as saying this at today's Milli Majlis plenary session.

Tax benefits extended for another 3 years

The term of tax benefits for F1 race is extended for another 3 years.

Digitalization in Azerbaijani economy to be accelerated

The application of digitalization in the economy of Azerbaijan will be accelerated.

Annual inflation in Türkiye exceeds 60%

Annual inflation in Türkiye is steadily rising, and there was also an increase in November.

New enterprise to start operating in Agdam Industrial Park in May

AzerGold to spend 2 million manats on research

AzerGold CJSC has signed an agreement with Datum LLC for 2 million manats.

Azeraluminium's net profit declines almost by 8%

Production of equipment for mine clearance to begin in Araz Valley

Production of equipment for mine clearance will be carried out in the Araz Valley.

Digital Capability Center to be established in Baku

Next year, the Ministry of Economy plans to establish and operationalize the first Digital Capability Center in Baku.

Fitch Solutions presents forecast on economy of Azerbaijan

Fitch Solutions has published its forecast on the economy of Azerbaijan for 2024.

Mingəçevir Tekstil increases production capacity and number of workers

Mingəçevir Tekstil LLC, a resident of the Mingachevir Industrial Park, plans to increase production capacity from March or April 2024

Profit of industrial enterprises in China falls more than by 7%

China has seen a decline in industrial profits for the past months of this year.

Agency: Azerbaijan's economic growth in 2023-24 projected to be lower than in countries of region

International organization forecasts regarding banking sector of Azerbaijan

The profitability of the banking sector of Azerbaijan (RoAA) will be 2.1% in 2023 and 2.0% in 2024.