Azerboru spent 2021 with a loss

Azerboru has published a financial report for 2021.

Inflation in Russia accelerates

The annual inflation in Russia weakened by 0.03% to 16.19% in June

Subsidized tariffs for liberated lands under consideration

The Azerbaijani government is considering the possibility for entrepreneurs operating in the liberated territories to pay for electricity, natural gas and water at subsidized tariffs.

Benefits to be provided to entrepreneurs in liberated territories

The Azerbaijani government is considering the possibility of paying public utility services by entrepreneurs working in the liberated territories at subsidized rates.

Date of start of construction in Agdam Industrial Park announced

KAMAZ to begin soon construction in Jabrayil district

Russia’s KAMAZ will soon begin construction work in industrial park “Economic Zone of the Araz Valley" in Jabrayil district.

AZN 17 million to be invested in construction of a new plant in Sumgait

The Sumgait Chemical Industrial Park continues to create new industrial sites, organize the production of competitive and export-oriented products, and attract investors

Cause of decline in value of gold unveiled

India, one of the world's largest gold importers, has announced an increase in the tax rate on gold imports from 7.5 to 12.5 percent.

Tax Service deputy head: These media entities received tax benefits

Ukraine has to pay the external debt of $1.4 bn

Ukraine has to pay until September 1, 2022 the external debt in the amount of $1.4 bn with interests. Kiev is considering the possibility of paying for it with frozen Russian reserves.

France has renewed inflation record

Georgia's economy has grown

The real value of GDP produced in Georgia this May increased by 11.6% in annual terms

Memo signed between Alat FEZ and Hualing Kutaisi

Azerbaijan and Uzbekistan signed 19 agreements

19 agreements for more than $500 million were signed at a business forum with the participation of business circles of the two countries, organized within the visit of Azerbaijani President Ilham Aliyev to Uzbekistan.

Inflation in UK reaches its highest level in last 40 years

Finance Minister: Nonoil GDP to grow to AZN 65.7 bn

The Parliamentary Committee on Economic Policy, Industry & Entrepreneurship has held a meeting today.

Fitch Ratings lowers its forecast on global GDP growth to 2.9%

Fitch Ratings has lowered its forecast on global GDP growth for the current year to 2.9% from 3.5%.

Fitch Ratings Forecast: Global inflationary pressure keeps on increasing

An international rating agency has downgraded its outlook on global GDP growth.

Pashinyan complained about the Armenian economy

Inflation in Germany has accelerated much

The rate of inflation growth in Germany accelerated from 7.4% to 7.9% year-on-year by the end of May 2022.

Recession risk may increase in Europe

Global buyers of commodities are on track to pay producers $5.2 trillion more in 2022 than they did in 2019 thanks to surging prices, according to a new base case analysis from Citigroup Inc.