Azerbaijan has a great historical and cultural connection with the Arab world. Back in 2005, a Memorandum of Understanding was signed between Azerbaijan and the League of Arab States, where Azerbaijan …
A Personal Fiefdom, A Legacy Of Repression: Inside Azerbaijan’s ‘North Korea’
For decades, Vasif Talibov built a personal fiefdom in Naxcivan, an exclave of Azerbaijan shut off from much of the world, until he stepped down in December. RFE/RL’s Azerbaijani Service recently …
Azerbaijan expects investment growth in non-oil sector in 2023
Investment in Azerbaijan’s non-oil sector will rise in 2023, Azernews reports, citing Fitch Solutions. Investment prospects in Azerbaijan have improved significantly and the real contribution of this …
Azerbaijan’s insurance company expands its activity
The activity of the Azerbaijan insurance company has been expanded, Trend reports via the Central Bank of Azerbaijan (CBA). In accordance with Article 51.4 of the Law of the Republic of Azerbaijan “On …
Kyrgyzstan conducting preparatory work for Kambarata HPP-1 construction – minister
BAKU, Azerbaijan, January 10. In the Jalal-Abad region of Kyrgyzstan, preparatory work is underway for the construction of the Kambarata HPP-1, Minister of Energy of Kyrgyzstan Taalaibek Ibraev …
Azerbaijan talks provision of tax services to entrepreneurs at Baku SME House
A number of government agencies, including the State Tax Service under the Ministry of Economy of Azerbaijan, provide services to entrepreneurs at the Baku SME House, Trend reports. Entrepreneurs can …
Russia blames Armenia for breakdown in Azerbaijan talks
Russia blamed Armenia on Thursday for a breakdown in peace talks with Azerbaijan over the disputed Nagorno-Karabakh region, in the latest sign of friction between allies Moscow and Yerevan over the …
Azerbaijan simplifies bank account opening procedure
The bank account opening mechanism will be simplified in Azerbaijan, a representative of the State Tax Service under the Ministry of Economy of Azerbaijan Azer Mustafayev said, Trend reports.
BP produced 20.4 mln tonnes of oil in Azerbaijan in 2022 – ministry
BP (BP.L) produced 20.4 million tonnes of oil in Azerbaijan in 2022, the energy ministry said on Friday. Gas production from the Azeri-Chirag-Guneshli (ACG) field totalled 13.4 billion cubic metres …
Azerbaijan talks subsidies provided to entrepreneurs affected by COVID-19
Subsidies totaling 41.4 million manat ($24.3 million) were paid from June 2020 until January 1, 2023 within the program of state support for the COVID-19 pandemic-affected Azerbaijani entrepreneurs, …