Baku: The Alat Free Economic Zone (AFEZ) is positioned as a crucial platform driving the advancement of Azerbaijan’s non-oil sector, enhancing export-oriented production, and attracting foreign investments, as articulated by Valeh Alasgarov, Chairman …
Vilnius: The Ministries of Foreign Affairs of Azerbaijan and Lithuania recently conducted another round of political consultations in Vilnius. The discussions were led by Fariz Rzayev, Deputy Foreign Minister of Azerbaijan, and Audra Plepyte, Vice Min…
Baku: Azerbaijan is poised to collaborate with the United States in shaping future industries and technologies, as stated by Huseyn Huseynov, Adviser to the Azerbaijani Economy Minister. He made these remarks at the ‘TECHNOVATION: Science and Innovati…
Baku: On the occasion of the national holiday of the Portuguese Republic, the President of Azerbaijan has conveyed his heartfelt congratulations to President Ant³nio Jos© Seguro of Portugal. Extending his best wishes, the Azerbaijani leader expressed …
Baku: Azerbaijan is successfully transitioning from a resource-rich country to a more diversified, knowledge- and innovation-driven economy. In recent years, the country has undergone a profound economic and institutional transformation, setting an ex…
Caspian sea: An earthquake occurred on Wednesday at 08:55 local time in the Caspian Sea.
According to Azerbaijan State News Agency, the Seismological Service of the Azerbaijan National Academy of Sciences reported that a 3-magnitude earthquake shoo…
Nakhchivan: Gross domestic product (GDP) in the Nakhchivan Autonomous Republic reached about 647 million manats in January-May 2026, marking a 2.2 percent increase compared to the same period in 2025, according to the Nakhchivan State Statistical Comm…
Baku: Azeri Light crude oil saw a notable decrease in its price, falling by $4.82, or 4.82 percent, to settle at $95.27 per barrel on Wednesday.
According to Azerbaijan State News Agency, this decline is part of the ongoing fluctuations in the global…
Baku: Azerbaijani companies are poised to compete globally, according to Elnur Soltanov, Azerbaijan’s Deputy Minister of Energy. Soltanov highlighted the export of knowledge and skills as a key indicator of the country’s economic development during hi…