Baku: Moody’s Ratings released a report highlighting the conditions under which Azerbaijan’s credit rating could be upgraded. The report, shared with APA-Economics, indicates that the positive outlook is a result of improving economic diversification prospects and effective macroeconomic policies that may bolster Azerbaijan’s credit profile, aligning it with a higher rating level. According to Azeri-Press … Read more
Baku: An additional 534 million manats have been allocated annually for increase, which applies to 1.1 million pensioners, Ministry of Labor and Social Protection of the Population of Azerbaijan told APA. According to Azeri-Press News Agency, President Ilham Aliyev’s new Decree “On Indexation of Labor Pensions” allows for further increases in pensions as part of … Read more
Tbilisi: In Georgia, regulations requiring the mandatory participation of non-governmental organizations in the process of public decision-making will be completely removed from all laws and regulations, the executive secretary of Georgia’s ruling Georgian Dream party, Mamuka Mdinaradze, stated. According to Azeri-Press News Agency, Mdinaradze also announced that civil servants will be prohibited from receiving any … Read more
Mogadishu: A delegation led by Azerbaijan’s Deputy Foreign Minister Yalchin Rafiyev has visited the Federal Republic of Somalia to explore opportunities for enhancing bilateral cooperation in political, economic, humanitarian, and other areas, as well as strengthening high-level relations within international organizations. According to Azeri-Press News Agency, during the visit, the Azerbaijani delegation met with Somalia’s … Read more
Ashgabat: Azerbaijani Ambassador to Turkmenistan Gismat Gozalov delivered a briefing on the main outcomes of the UN Climate Change Conference (COP29) held in Baku in November 2024 at the Eighth Coordination Meeting of the Development Partners Climate Group, APA reports. According to Azeri-Press News Agency, the event was co-organized by the Embassy of the United … Read more
Baku: The Baku Court of Appeal has altered the preventive detention measures for former Russian court judge Yelena Khakhaleva. Khakhaleva, who was placed on an international wanted list by the Russian Investigative Committee, was arrested in Azerbaijan and initially subjected to pre-trial detention. The Prosecutor General’s Office released this information, as reported by APA. According … Read more
Baku: Mukhtar Babayev has been appointed as the Climate Issues Representative of the President of the Republic of Azerbaijan, APA reports. President Ilham Aliyev signed an order in this regard. According to Azeri-Press News Agency, the appointment aims to address climate-related challenges and enhance Azerbaijan’s efforts in environmental sustainability. Babayev’s role will involve coordinating national … Read more
Baku: Mukhtar Bahadur Babayev has been dismissed from his post as Minister of Ecology and Natural Resources of the Republic of Azerbaijan. President of the Republic of Azerbaijan Ilham Aliyev signed an Order in this regard. According to Azeri-Press News Agency, the decision to dismiss Babayev was officially announced, marking a significant change in the … Read more
Baku: Azerbaijan is set to experience a significant boost in its fish and seafood market revenues, with an anticipated increase of 23% this year. It is expected that the nation’s market will generate USD 42.64 million in revenue in 2023. According to Azeri-Press News Agency, this projected revenue represents a 22.9% increase compared to the … Read more
