Nouman Ali Baku: During October, Azerbaijani authorities detained 75 foreigners living illegally in the cities of Baku and Sumgait. This operation was conducted by police officers, as reported by APA citing the Ministry of Internal Affairs. According to Azeri-Press News Agency, the detentions were the result of coordinated search operations carried out by the General Passport, Registration … Read more
BAKU: The Government of Azerbaijan has rolled out the ‘COP29 Special Visa’, which is free of charge for participants registered for COP29 through the UNFCCC Online Registration System. This initiative, as reported by the Ministry of Foreign Affairs of Azerbaijan, aims to facilitate the entry of international attendees to the conference. According to Azeri-Press News … Read more
Nakhchivan: President of the Republic of Azerbaijan Ilham Aliyev has signed an Order on appointing Jabbar Musayev Hafiz as Head of the Nakhchivan City Executive Power of the Nakhchivan Autonomous Republic, APA reports. According to the Order, Jabbar Musayev Hafiz has been appointed as Head of the Nakhchivan City Executive Power of the Nakhchivan Autonomous … Read more
Baku: Industrial production in Baku from January to September of the current year amounted to AZN 39.8 billion, as reported by the Baku Statistics Department. This substantial figure highlights the significant role of the industrial sector in the city’s economy. According to Azeri-Press News Agency, 75.5% of the industrial production stemmed from the mining sector, … Read more
BAKU: Azerbaijan detained 52 foreigners last month for border violation, seizing contraband worth AZN 3.8 million. In October 2024, the State Border Service of Azerbaijan reported significant achievements in securing the state border and combating smuggling, illegal migration, and drug trafficking. According to Azeri-Press News Agency, the Press Center of the State Border Service revealed … Read more
BAKU: In October, representatives from the International Committee of the Red Cross (ICRC) conducted visits to Armenian detainees held in Baku, as notified by Azerbaijani authorities. The ICRC’s visits aimed to facilitate the exchange of family news for the detainees. According to Azeri-Press News Agency, the detainees were met in private settings, allowing them to … Read more
Ankara: The International Credit Rating Agency SandP Global Ratings releases forecast for Azerbaijan’s Banking Sector, APA reports. Return on assets of the banking sector of Azerbaijan (RoAA) in 2024-2026 will be 2.1%, return on equity of the sector (ROE) -16%. According to Azeri-Press News Agency, The rating agency forecasts the banking sector’s non-performing loans to … Read more
Ankara: Annual inflation in Trkiye has dropped again, APA-Economics reports citing the Turkish Statistical Institute (TSI). According to Azeri-Press News Agency, annual inflation in October of this year was 48.58%. In September, this indicator was 49.38%. In October, consumer prices increased by 2.88% compared to the previous month and by 39.77% compared to the beginning … Read more
Ankara: Oil prices have risen on world markets: APA-Economics reports. The price of a barrel of Brent crude oil on the London ICE (InterContinental Exchange Futures) has increased by $1.70, reaching $74.34. On New York’s NYMEX (New York Mercantile Exchange), the price of a barrel of Light crude oil rose by $1.84, amounting to $70.77. … Read more
