Baku: The price of Azeri Light crude oil increased by $0.51, or 0.74 percent, to settle at $69.39 per barrel on Wednesday.
According to Azerbaijan State News Agency, Azeri Light recorded its lowest price at $15.81 per barrel on April 21, 2020, whil…
Baku: The minimum wage in Azerbaijan will be reviewed at least once a year, APA reports. This proposed amendment to the Labor Code was discussed at a recent meeting of the Milli Majlis Committee on Labor and Social Policy.
According to Azeri-Press N…
Davos: President of Azerbaijan Ilham Aliyev announced that the nation is entering a new stage of cooperation with the United States, encompassing political, economic, energy, and defense sectors. This statement was made during the ‘Azerbaijan Executiv…
Davos: ‘SOCAR Carbamide’ plant has been recognized with the World Economic Forum’s Digital Lighthouse Award, as reported by APA’s correspondent on the ground in Davos. This achievement marks a significant milestone for SOCAR, positioning it as the onl…
Davos: ‘Unfortunately, we do not see significant investments from Europe in either fossil fuels or renewable energy,’ said President of Azerbaijan Ilham Aliyev as he responded to questions from business representatives from various countries during an…
Tbilisi: Last year, Georgia received $223.3 million in revenue from tourists from Azerbaijan, APA’s local bureau reports, citing the Ministry of Economy and Sustainable Development of Georgia. An increase of $54.8 million or 32% in revenue was recorde…
Davos: ‘We were faced with unjustified criticism over both Eurovision and COP,’ said President of Azerbaijan Ilham Aliyev as he responded to questions from business representatives from various countries during an event titled ‘Azerbaijan Executive Br…
Baku: More than 60 percent of the quota for the Hajj pilgrimage is about to be completed, Vusal Jahangiri, Head of the Foreign Relations Department of the Caucasus Muslims Office (CMO), Head of the Hajj Electronic System, told APA.
According to Azer…
Davos: President of Azerbaijan Ilham Aliyev has expressed optimism regarding the potential for a second significant oil boom in Azerbaijan. Speaking at the ‘Azerbaijan Executive Breakfast’ during the World Economic Forum in Davos, President Aliyev dis…
