Baku: The World Bank has announced the main challenges related to foreign direct investment in Azerbaijan, APA-Economics reports. The Bank has found that the spillover effect of foreign direct investment (FDI) into other sectors of the economy is limi…
Baku: In line with amendments made to the Law ‘On the Efficient Use of Energy Resources and Energy Efficiency,’ incandescent light bulbs are being gradually phased out in Azerbaijan to increase energy efficiency.
According to Azeri-Press News Agency…
Amsterdam: During today’s auctions, the price of 1,000 cubic meters of gas in Europe fell below $345, APA-Economics reports.
According to Azeri-Press News Agency, on January 5, the price of January futures on the TTF (Title Transfer Facility of the …
Baku: The average annual export price of Azeri Light (CIF) crude oil per barrel in 2025 has been announced.
According to Azeri-Press News Agency,the average price of Azerbaijani oil last year stood at $71.1 per barrel.
The average oil price decrea…
Muscat: Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, visited the Sultanate of Oman at the invitation of the country’s government, APA reports. Upon her arrival at the Maskat International Airport, she was received by Azzan bin Qassim…
Ankara: Annual inflation in Trkiye has decreased again, APA-Economics reports, citing the Turkish Statistical Institute (T‚¬Å¡¬¦€š¬…¡¬‚¬¦€š¬…€œIK). In December 2025, annual inflation stood at 30.89%, marking a slight decline from November’s figure of …
Baku: President of Azerbaijan Ilham Aliyev has called upon the United States Congress to repeal Section 907, describing it as a relic of the past and completely absurd in the current geopolitical context. In a recent interview with local television ch…
Muscat: Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, visited the Royal Opera House in Muscat, Oman.
According to Azerbaijan State News Agency, the Royal Opera House, inaugurated in 2011, is regarded as Oman’s leading venue for musi…
Baku: President of Azerbaijan Ilham Aliyev has expressed concerns over the inefficacy of international law, emphasizing the need for strength in global affairs. During an interview with local television channels on January 5, Aliyev stated, “Unfortuna…