BAKU: The construction of the Horadiz-Aghband railway has reached a significant milestone, with 60% of the work now completed, according to Rovshan Rustamov, Head of Azerbaijan Railways CJSC. This development was confirmed during a recent briefing, as reported by APA-Economics. According to Azeri-Press News Agency, Rustamov highlighted that one of the tunnels in the railway … Read more
BAKU: Cargo transportation along the Middle Corridor is set to be powered entirely by green energy, according to Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC, as reported by APA-Economics. According to Azeri-Press News Agency, Rustamov shared these developments with journalists, highlighting an ongoing project with the Asian Development Bank focused on decarbonization. He noted that … Read more
BAKU: Azerbaijan is set to expand online queue systems to hospitals across the country, aiming to streamline patient management and reduce wait times. The initiative, which has already been implemented in medical facilities in Baku and several regions, is part of a broader effort to enhance healthcare services nationwide. According to Azeri-Press News Agency, Vugar … Read more
BAKU: First Vice-President of the Republic of Azerbaijan, Mehriban Aliyeva, has paid tribute to the late National Leader Heydar Aliyev by sharing a post on her official Instagram page. The post marks the commemoration day of the influential leader, highlighting his enduring legacy in Azerbaijan. According to Azeri-Press News Agency, the Instagram post by Mehriban … Read more
BAKU: The number of individuals in Azerbaijan willing to donate their organs posthumously has seen a significant increase, tripling compared to previous years, as reported by the nation’s Health Ministry. This rise accompanies over 300 organ transplant surgeries conducted in 2024, with kidney and liver transplants being the most common. According to Azeri-Press News Agency, … Read more
LONDON: In a modest uptick reflecting ongoing market dynamics, oil prices saw an increase during trading sessions on major international exchanges. The price of Brent crude oil for February 2025 delivery rose by 0.23%, reaching $73.69 per barrel on the ICE London Intercontinental Exchange. Concurrently, West Texas Intermediate (WTI) oil prices for January delivery increased … Read more
BAKU: Azerbaijan is advancing its renewable energy infrastructure with the development of its first industrial-scale battery system, a move aimed at integrating approximately 2,000 megawatts of renewable energy into the national grid. Deputy Minister of Energy Elnur Soltanov announced the progress as part of broader efforts to modernize and enhance the country’s energy system. According … Read more
BAKU: The Deputy Minister of Energy of Azerbaijan, Elnur Soltanov, announced a significant decline in the cost of solar panels, with prices falling by up to 90% over the past decade. This development has made renewable energy more accessible to citizens, who can now install solar systems with capacities of up to 100 kilowatts, enabling … Read more
BAKU: Azerbaijan’s economy experienced a 4.1% growth during the first 11 months of 2024, despite a slight decline from the previous month’s growth rate, as reported by the State Statistical Committee. The country’s Gross Domestic Product (GDP) reached AZN 113.28 billion, with notable contributions from both the oil and non-oil sectors. According to Azeri-Press News … Read more
