Credit insurance market has grown this year

In July, producer prices in eurozone decreased

The European Statistical Office (Eurostat) has published data on the producer price index (PPI) of the European Union (EU) and the eurozone for July.

Standard & Poor's confirms Kazakhstan's sovereign credit rating

International rating agency Standard & Poor's has confirmed the sovereign credit rating of Kazakhstan at the level of BBB-/A-3, the forecast is Stable.

Industrial park with zero emissions can be created in Azerbaijan

AZPROMO declares tender

Consumer price index in Türkiye exceeds 9% for August

Annual inflation in Türkiye increased again in August, ABC.AZ reports with reference to Turkish Statistical Institute (TurkStat or TÜİK).

Azerbaijan discusses infrastructure projects with China

Production in Hajigabul Industrial District up by more than 6 times

Over the first half of 2023, the production in the Hajigabul Industrial District exceeded AZN 32.1 million manats, which is more than six times as much as in the first half of 2022,

Turkiye's economy grows in Q2, 2023

The Turkish economy grew 3.8% in annual terms in the second quarter of 2023

Russia's GDP up 1.6%

Russia's GDP grew by 1.6% in the first half of 2023 compared to the same period in 2022.

SOCAR subsidiary changes its name

Caspian Engineering Procurement and Construction LLC, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has changed its name.

Over 4,000 passenger cars transported through Port of Baku in 7 months

Shah Deniz celebrates 200 billion cubic metres of total gas production

Shah Deniz is proudly celebrating 200 billion cubic metres of total gas production since the start, ABC.AZ informs, citing BP-Azerbaijan company.

S&P upgrades Armenia's rating

The international rating agency Standard & Poor`s Global Ratings has raised the long-term credit ratings of Armenia in foreign and national currencies from "B+" to "BB-", the outlook is "stable".

Tram will run in this city of Azerbaijan

A tram will run on the main street in the center of the city of Lachin

Exporters' outlook of German market grim

The outlook of German exporters of the market dynamics of the European economy remains pessimistic.

GDP worth AZN 27.6B generated in Azerbaijan's oil and gas sector

Portfolio of banks' business loans shows decline

The portfolio of business loans of banks dropped by AZN 27.8 million in July 2023.

Azerbaijan, Uzbekistan sign Roadmap for development of energy co-op

A Roadmap for the development of energy cooperation for 2023-2025 has been signed between the Ministry of Energy of Azerbaijan and the Ministry of Energy of Uzbekistan.

Number of joint ventures of Azerbaijan and Uzbekistan quadruples

In recent years, the number of joint Azerbaijani-Uzbek enterprises has increased 4 times, as reported during the Azerbaijani-Uzbek business forum in Baku.

Azerbaijan and Uzbekistan ink documents on cooperation