VIENNA: OPEC+ has announced that it will extend its voluntary oil output cuts of 2.2 million barrels per day (bpd) into the first quarter of 2025, with eight member countries continuing to comply with the agreement. The decision comes as part of efforts to stabilize the global oil market during a period of low winter … Read more
BAKU: Azerbaijan’s parliament has approved an increase in the subsistence minimum and the threshold of the need criterion to 285 manats for 2025, marking a more than 5.5 percent rise from the previous year, according to the latest legislative developments. According to Azeri-Press News Agency, the decision was formalized during a session of the Milli … Read more
BAKU: Azerbaijan has introduced significant tax exemptions for micro-entrepreneurs across various service sectors, aiming to stimulate economic growth and entrepreneurship. Starting today, individuals who operate in specific fields with an annual turnover of up to 45,000 manats will benefit from a 75 percent tax exemption on their income, without the usual prerequisites of employing three … Read more
BAKU: Azerbaijani President Ilham Aliyev has extended his heartfelt congratulations to Cuban President Miguel Diaz-Canel Bermudez on the occasion of Cuba’s Independence Day, emphasizing the enduring friendship between the two nations. The message, reported by APA, also conveyed Aliyev’s hopes for the future development of bilateral relations and cooperation on matters of mutual interest. According … Read more
Baku: Azerbaijani President Ilham Aliyev has extended his congratulations to Abdel Fattah Al-Burhan Abdelrahman Al-Burhan, the Chairman of the Sovereign Transitional Council of Sudan, in a letter marking Sudan’s national holiday, Independence Day. The letter underscores the strong diplomatic relations between Azerbaijan and Sudan and expresses hopes for continued collaboration. According to Azeri-Press News Agency, … Read more
BAKU: Iran’s Charg© d’Affaires in Azerbaijan, Seyyed Jafar Aghayi Marian, was summoned to the Azerbaijani Foreign Ministry following remarks against Azerbaijan and its President Ilham Aliyev. These comments were made on December 29, 2024, during an event in Ardabil, Iran, involving Ayatollah Seyyed Hassan Ameli, a representative of Iran’s Supreme Leader. According to Azeri-Press News … Read more
BAKU: President Ilham Aliyev of Azerbaijan delivered an address to the nation, marking the Day of Solidarity of World Azerbaijanis and the New Year, outlining the country’s achievements in 2024 and addressing regional tensions, particularly concerning Armenia’s militarization. According to Azeri-Press News Agency, President Aliyev emphasized Azerbaijan’s significant progress over the past year, including the … Read more
VIENNA: OPEC+ has announced that it will extend its voluntary oil output cuts of 2.2 million barrels per day (bpd) into the first quarter of 2025, with eight member countries continuing to comply with the agreement. The decision comes as part of efforts to stabilize the global oil market during a period of low winter … Read more
BAKU: Azerbaijan’s parliament has approved an increase in the subsistence minimum and the threshold of the need criterion to 285 manats for 2025, marking a more than 5.5 percent rise from the previous year, according to the latest legislative developments. According to Azeri-Press News Agency, the decision was formalized during a session of the Milli … Read more