Volume of production grew by 5.6% in regions

The gross output by region amounted to 40.2 bn mantas in 2023.

Moody's: Azerbaijan’s real GDP growth to accelerate to 2.1% in 2024

We expect Azerbaijan’s real GDP growth to accelerate to 2.1% in 2024 from 1.2% in 2023, ABC.AZ reports with reference to Moody's international credit rating.

President has made changes to another Regulation – Decree

President Ilham Aliyev has amended the Regulation on the Electronic Water Management Information System, approved by decree from February 13, 2021.

Shoe producer company to be established in Jabrayil

Azerbaijan plans to establish production of sodium cyanide

Azerbaijani Economy Minister Mikayil Jabbarov and TYÖ Yatırım’s (Türkiye) head Yasin Ozturk discussed the matter of organizing the production of sodium cyanide in Azerbaijan.

Authorized capital of SOCAR-STP joint venture increased by 10%

Azerbaijan publishes confidence indices on these sectors

20 bn manats needed to solve problems of water supply and sewerage in Azerbaijan

We need to look at what we have achieved in solving the problems from 2003 to 2023.

Extra 150,000 manats invested in official Iphone distributor in Azerbaijan

ADIT LLC is increasing its authorized capital.

Decline on copper production reduced export revenues

In Azerbaijan, the reduction in copper production in 2023 had an effect on exports.

Azermirror becomes a resident of Sumgayit Chemical Industrial Park

Azermirror LLC has received the status of a resident of the Sumgayit Chemical Industrial Park.

List of large state companies to be monitored

"The list of large state-owned companies, estimates of income and expenses of which are subject to development, approval and monitoring of execution" was approved in a new edition.

In 2023, most of all money allocated to these districts - List

The amount of investments in the economic regions of Azerbaijan in 2023 has become known.

Balaxanı Metal Konstruksiyaları LLC sold

The State Property Service has conducted an auction today.

A well-known company to build a factory in Azerbaijan

Mineral reserves at Kharkhar deposit amount to 119,000 tons

British company Anglo Asian Mining (AAM), which produces gold, silver and copper in Azerbaijan, has confirmed the significant mineralization of copper at Kharkhar deposit.

In 2023, companies' tax transfers to budget declined

The corporate income tax payments to the State Budget decreased in Azerbaijan last year.

Double taxation between Oman and Azerbaijan to be abolished

About 10 more enterprises to open in industrial zones in 2024

Opening of nearly 10 more enterprises in the industrial zones of Azerbaijan, managed by the Economic Zones Development Agency, is planned this year.

Country Innovation Ranking — Azerbaijan lags behind Armenia

In the 2023 innovation ranking of countries, Azerbaijan ranked 89th among 132 countries in the world.

Azerbaijan prepares new Tax Code

Since this year, work has begun in Azerbaijan over the new Tax Code