( MENAFN – Trend News Agency) BAKU, Azerbaijan, December 29. Tourism enterprises (hotels and sanatoriums) will receive tax breaks beginning next year to boost regional tourism growth and minimize …
FINCA Azerbaijan Successfully Repaid 3 million AZN Bond at Maturity
FINCA Azerbaijan non-banking credit organization (NBCO) has announced the successful full repayment of its inaugural public bond issued in December 2021. The 3 million AZN bond, reaching its maturity, …
Central Bank of Azerbaijan announces economic growth forecast for next year
BAKU, Azerbaijan, December 28. According to the Central Bank of Azerbaijan (CBA), the economy’s actual growth rate in 2024 is predicted to be 3-3.5 percent, with the non-oil and gas sector growing at …
Azerbaijan notes positive dynamics in banking sector to grow entrepreneurship
Positive dynamics were observed in the banking sector of Azerbaijan compared to last year. Thus, the net profit that Azerbaijan’s banking sector made from January to November of this year amounted to …
A policy turning Azerbaijan into driving force behind global challenges
It’s no secret that the post-pandemic and post-war eras of the world are not the same as they were. The expansion of digitalization tendencies is one of the primary characteristics of the new system.
Azerbaijan Rewarded a Year After the Lachin Corridor Blockade and Genocide | Opinion
From a blockade to war, Azerbaijan successfully executed crimes of genocide before winning the global bid to host COP29.
Azerbaijan considers acquisition of Lukoil’s Bulgarian Refinery
Azerbaijan is open to considering the acquisition of the Lukoil Neftohim Burgas oil refinery in Bulgaria if a concrete offer is presented, the Azerbaijani ambassador to Bulgaria, Huseyn Huseynov, said …
Thai Companies Can Participate In Construction Works In Garabagh & East Zangezur
At the meetings held during the business visit of Irfan Davudov, the accredited ambassador of Azerbaijan to Malaysia and the Kingdom of Thailand, issues of the development of relations between the two …
Azerbaijan extends duration of some tax benefits
BAKU, Azerbaijan, December 25. The draft law “On Amendments to the Tax Code” and other related draft legal acts prepared for improvement of tax legislation and administration were adopted by …
Azerbaijan’s hosting COP 29 – clear sign of strong commitment to climate agenda – IFC’s Vice President (Exclusive interview)
IFC can support Azerbaijan’s efforts by helping develop regulatory, policy, and institutional frameworks to facilitate the e-mobility market as well as by providing financing for private sector …