President Highlights Transport Projects as Backbone of Liberated Territories

Baku: ‘Transport projects are the backbone of the work carried out in the liberated territories. Approximately 3,400 kilometers of highways are being developed – so far, 44 highway projects have either been completed or are still underway,’ said President Ilham Aliyev during a meeting dedicated to transportation issues, APA reports. According to Azeri-Press News Agency, … Read more

New Terminal Complex Planned for Heydar Aliyev International Airport

Baku: Heydar Aliyev International Airport is set to expand with the construction of a new terminal complex, following a record-breaking year where over seven million passengers were served. President Ilham Aliyev announced the initiative during a meeting focused on transportation issues. According to Azeri-Press News Agency, the Ministry of Digital Development and Transport conducted an … Read more

Baku to Host Regional Event on Transport and Electronic Advanced Data

Baku: From January 28 to 30, Baku will host events on Transport and Electronic Advanced Data for countries in the Europe and CIS regions, organized jointly by the Universal Postal Union and “Az?rpo§t” LLC, Ministry of Digital Development and Transport told APA-Economics. The events will include a postal transport seminar and training sessions on Electronic … Read more

Azerbaijan Reveals Latest Conditions of Those Injured in AZAL Plane Crash

Baku: The treatment of two injured people, both female, resulting from the crash of a passenger plane belonging to Azerbaijan Airlines on the Baku-Grozny flight near Aktau, is ongoing at the Yeni Klinika, according to TABIB, as reported by APA. According to Azeri-Press News Agency, the condition of one individual receiving treatment in the intensive … Read more

24 Injured as Passenger Bus Overturns in Lankaran Traffic Accident

Lankaran: A video capturing the aftermath of a traffic accident in Lankaran, where a passenger bus overturned, has surfaced, revealing the extent of the incident that left 24 individuals injured. The accident occurred on the Lankaran-Boradigah-Masalli road section passing through the city of Lankaran, leading to the hospitalization of 13 women, 10 men, and one … Read more

Aykhan Hajizadeh Refutes False Claims of AZAL Plane Crash

Baku: Reports have been circulating on social media, falsely attributed to Aykhan Hajizadeh, Head of the Press Service Department of the Ministry of Foreign Affairs of Azerbaijan, regarding an alleged crash involving an AZAL passenger plane, Aykhan Hajizadeh told APA. He confirmed that these claims are fake. According to Azeri-Press News Agency, the fabricated report … Read more

Azerbaijan State Oil Fund’s Assets Surpass USD 60 Billion

Baku: As of December 31, 2024, the assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) saw an increase of 7.1% compared to the beginning of 2024, reaching USD 60,031.4 million from USD 56,069.7 million, according to SOFAZ, APA-Economics reports. According to Azeri-Press News Agency, SOFAZ’s budget revenues for the period of … Read more

State Oil Fund of Azerbaijan Purchases Nearly 45 Tons of Gold in 2024

Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has significantly increased its investment in gold during 2024. The investment amounted to $12 billion 354.6 million, representing 20.6% of SOFAZ’s total investment portfolio. According to Azeri-Press News Agency, SOFAZ’s investment in gold rose by $1 billion 509.7 million over a period of three … Read more