This company raised AZN 186.5 million to Azerbaijan’s economy

As a result of the export of gold and silver produced by AzerGold to the world market, a total of AZN 186.5 million were raised to the Azerbaijani economy for 2020

Elchin Jamalov: Higher water tariffs to reduce Azersu’s dependence on State Budget

The increase in tariffs for the supply of water and the discharge of wastewater for the population will lead to an increase of Azersu’s income by AZN 92.5 million

Extraction in mining industry lowered

198.1 tons of the main types of products extracted in the mining industry of Azerbaijan for December 2020 accounted for copper ores and concentrates, ABC.AZ reports with reference to the State Statistics Committee

Economy Minister: The highest rate of tax revenues in nonoil & gas sector

Tax revenues on the nonoil & gas sector amounted to AZN 5.6 bn in 2020

New fields to be put into operation and thousands of jobs to be created

AzerGold held an online meeting dedicated to the results of the last year and the upcoming tasks

Forecast: Copper prices may rise

One of the reputable companies, Maike Metals International, predicts that copper prices are likely to rise in the near future

Growth on light industry production observed in Azerbaijan

Japan offers Azerbaijan a new technological model on mining sector

Zakir Ibragimov, the chairman of board at AzerGold, has met with the newly-appointed Japanese ambassador to Azerbaijan Junichi Wada.

List of industrial towns to be under authority of new agency

The list of the industrial towns and parks to be run by the Economic Zone Development Agency under the Economy Ministry has been unveiled

Economic Zone Agency established in Azerbaijan

Georgia's debt to Azerbaijan reduced

As of 1 January 2021 Georgia's direct debt to Azerbaijan amounted to $5.49 million

New drones to be produced in Azerbaijan

One of the resident companies of Hi-Tech Park has launched another innovative project

WB forecasts economic growth by 1.9% and IMF by 2% in Azerbaijan

Economy Minister Mikayil Jabbarov gave an interview to Bloomberg and touched upon a number of important points

Economy Minister: AZN 2.2 bn financed for restoration of liberated territories this year

Azerbaijani Economy Minister Mikayil Jabbarov has given an interview to Bloomberg

Another gold field discovered in Azerbaijan

One of the leading gold mining companies in Azerbaijan, Anglo Asian Mining Plc, has discovered a new gold and copper field Zafar in the central part of contract zone Gedabek

Economy Minister: 36 residents have started their activities in industrial parks to date

50 residents have been registered in the industrial parks of Azerbaijan

Azerbaijan’s head took part in laying the foundation glass container producer

The Azerbaijani leader has laid the foundation of Glassica glass container production plant at the Sumgayit Chemical Industry Park

President Ilham Aliyev has laid foundation of a new plant

President Ilham Aliyev has taken part in several events in the Sumgayit Chemical Industry Park

President Ilham Aliyev attended groundbreaking ceremony of Sumgait enterprise

President Ilham Aliyev has inaugurated the Azerfloat CJSC thermoforming sheet glass plant at the Sumgayit Chemical Industry Park

Forecast: Turkey's economy to grow by 3.5%

The start of vaccination against coronavirus infection (Covid-19) and the easing of quarantine restrictions will accelerate the growth rate of the Turkish economy

Nakhchivan has increased export of industrial products

Last year, the economy of the Nakhchivan Autonomous Republic grew by 1.1%