Selcuk Bayraktar visited Sumgait Chemical Industrial Park

Electronic portal of creditors launched

The Azerbaijan Deposit Insurance Fund held last year the presentation of the project of the electronic portal of creditors of banks in the process of liquidation.

Tax Service wants to limit departure of company’s head from country

The State Tax Service wants the departure of the head of Eco Control Systems LLC from the country to be restricted in Azerbaijan

Selcuk Bayraktar thanked Ilham Aliyev

Turkish company Baykar technical director Selcuk Bayraktar thanked Azerbaijani President Ilham Aliyev.

Inam Karimov nominated for post of judge of Supreme Court

Milli Majlis received a question "On the appointment of a judge of the Supreme Court of the Republic of Azerbaijan".

Mikail Jabbarov offered Russian investors the opportunities of Alat Free Economic Zone

At the meeting held at the Ministry of Economy the issues of diversification of Azerbaijan-Russia economic partnership the parties discussed development of interregional ties and brought to the attention favorable business and investment opportunities of our country.

McDonald's shuts down US offices in U.S.

McDonald's has temporarily shut down all of their US offices as they prepare to deliver layoff messages online to a number of their employees across the country.

British company to begin production at Zafar gold deposit in 2024

British company Anglo Asian Mining plans to start production at the new gold and copper deposit Zafar (Victory) in the west of Azerbaijan in 2024

President Ilham Aliyev to receive electric car Togg

Turkish-made electric car Togg will be presented to President Ilham Aliyev, ABC.AZ reports, quoting Turkish Industry & Technology Minister Mustafa Varank.

German companies' investments in China achieve record level

According to German Institute of Economics’ (IW) estimates, German companies' investments in China have grown significantly over the past two years.

MP: Executive power to be abolished

The issue of liquidation of the executive power has been on agenda for a long time. I’ve repeatedly raised this issue. I’ve already said that the duties of the executive authorities should be transferred to authorized representatives

State Water Resources Agency established in Azerbaijan

The State Water Resources Agency has been established on the basis of the State Agency of Water Resources of the Ministry of Emergency Situations.

Several pharmaceutical plants to be built on territory of Alat FEZ

German national debt rose to €2.37 trillion

Germany's public debt grew by 2% (€46.1 bn) in 2022, reaching €2.367 trillion, ABC.AZ reports with reference to the Federal Statistical Office of Germany (Destatis).

Israeli FM: We thank Ilham Aliyev for decision to open Azerbaijani Embassy in Israel

We thank President Ilham Aliyev for the decision to open the Azerbaijani Embassy in Israel.

Azerbaijan starts selling watches abroad first time

Watch factory VMF Natural Frequencies, the only company engaged in the production of watches in Azerbaijan, has started exporting watches abroad for the first time.

WB forecast: Global economic growth to slow down

The World Bank predicts that global economic growth may slow down to a minimum in 30 years - 2.2% per year until 2030.

Central Bank currency rates for 29 March

Azerbaijani manat rate has dropped to the euro and grown to the Turkish lira, while is stable to the US dollar and to the Russian ruble.

Total amount of public procurement grew by about 26%

This factor to bring recession of U.S. economy closer

Insurance sector assets grew more than by 20% in 2022

The assets of the insurance sector of Azerbaijan amounted to AZN 1.59 bn at the end of 2022 (20.3% more than at the end of 2021)