Baku: Global gold demand reaches record high, APA-Economics reports citing the World Gold Council (WGC): Last year, global demand for gold reached a record of 4974.5 tons in 2024, which is a 1% increase compared to the previous year. According to Azeri-Press News Agency, the figure recorded in 2023 was 4945.9 tons. The report indicates … Read more
Baku: Ammunition which used to belong to Armenian armed formations and illegal Armenian armed detachments was found during engineering work in the Karabakh region, the Ministry of Defense of Azerbaijan told APA. According to Azeri-Press News Agency, as a result of activities conducted by the engineer-sapper units of the Azerbaijan Army, a range of military … Read more
Baku: Last month, the most used social network in Azerbaijan was Instagram, APA-Economics reports citing StatCounter. During this period, Instagram’s share in the social network market in Azerbaijan was 36.04%. This is 11.05 percentage points less than in December 2024 and 1.13 percentage points less than in the previous year. According to Azeri-Press News Agency, … Read more
Baku: An Action Plan for implementing a flexible work schedule is being developed in Baku, as confirmed by the Ministry of Labour and Social Protection of the Population in response to an inquiry from APA. According to Azeri-Press News Agency, the plan aligns with the “State Program for the Improvement of Transport Infrastructure in Baku … 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
Baku: Azerbaijan’s economy is growing faster than expected, the international rating agency Moody’s Ratings states, APA-Economics reports. According to Azeri-Press News Agency, it is noted that in 2024, the gross domestic product (GDP) in Azerbaijan increased by 4.1% and is expected to grow by about 4% by the end of 2025. This is a significant … Read more
