Latest News | Azerbaijan Business Digest

Azerbaijan's state budget revenues nears AZN 20 billion

APA ·

In the first six months of 2025, more than 690 thousand payment orders were executed by the treasury bodies, and the revenues of the state budget were implemented with a surplus compared to the forecast, APA-Economics reports citing the Ministry...

Azerbaijan sees growth in revenue from paid public services

AzerNews · July 3, 2025

Azerbaijan sees growth in revenue from paid public services 3 July 2025 13:22 (UTC+04:00) In the first half of 2025, Azerbaijani state-funded institutions generated ₼312.1 million (approximately $184.1 million) in revenue from paid public...

Azerbaijan reduces Green Card tariffs for Georgian and Kazakh vehicles

APA ·

Azerbaijan has reduced the tariffs under the "Green Card" for vehicles from Georgia and Kazakhstan, APA-Economics reports. A change has been made to the Central Bank's decision "On determining the amount of the one-time payment paid by insurers...

Azerbaijan May Lose Nearly $1.2Bln in Exports to Russia

Sputnik News · July 3, 2025

https://sputnikglobe.com/20250703/azerbaijan-may-lose-nearly-12bln-in-exports-to-russia-1122389273.html Azerbaijan May Lose Nearly $1.2Bln in Exports to Russia Azerbaijan May Lose Nearly $1.2Bln in Exports to Russia Sputnik International...

Azerbaijan highlights South-South co-op and climate finance at global dev't conference in Spain [PHOTOS]

AzerNews · July 3, 2025

The 4th UN Global Conference on Financing for Development (FFD4) is currently underway in Seville, Spain, with Azerbaijan actively participating in high-level discussions on international development and climate finance, Azernews reports....

Azerbaijan Proposes New Military Ideas Amid Conflict With Russia

Charter 97 ·

It is about the establishment of a Turkish military base on Azerbaijani soil. "It is necessary to make a decision on the deployment of the largest Turkish military base in the region, in Azerbaijan, in the near future," former aide to Azerbaijani...

Azerbaijan highlights South-South co-op and climate finance at global dev't conference in Spain

Today.Az · July 3, 2025

The 4th UN Global Conference on Financing for Development (FFD4) is currently underway in Seville, Spain, with Azerbaijan actively participating in high-level discussions on international development and climate finance. According to the Ministry...

Azerbaijan no longer backing down in row with Russia

Ukrainian Week · July 3, 2025

The Kremlin’s usual mix of arrogance and impunity, long left unchecked, is beginning to lose its impact—especially on those it still hopes to intimidate. In Baku, patience has clearly run out. Neither the downing of a civilian plane over Chechnya...

Azerbaijan, Greece Explore New Avenues For Energy Collaboration (PHOTO)

MENAFN · July 3, 2025

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 3. The Deputy Energy Minister of Azerbaijan, Orkhan Zeynalov, took part in the 29th annual government roundtable held by The Economist Impact Platform in Greece's Athens, Trend reports via the...

Azerbaijan’s energy transition projects presented at annual government roundtable in Athens

AzerNews · July 3, 2025

Orkhan Zeynalov, Deputy Minister of Energy of Azerbaijan, participated in the 29th Annual Government Roundtable organized by The Economist Impact platform in Athens, Azernews reports, citing the Energy Ministry. According to information, during a...

Azerbaijan’s Khojavend tanker returns to service after major overhaul

AzerNews · July 3, 2025

The “Khojavend” oil tanker, operated by Azerbaijan Caspian Shipping Company (ASCO), a subsidiary of AZCON Holding, has officially returned to service following a comprehensive overhaul, Azernews reports, citing ASCO. The company noted that the...

Azerbaijan and Afghanistan discuss deepening cooperation during diplomatic meeting in Baku

AzerNews · July 3, 2025

On July 2, 2025, Deputy Foreign Minister of Azerbaijan Elnur Mammadov met with Afghan Deputy Foreign Minister Mohammad Naim Wardak in Baku, Azernews reports, citing the Azerbaijani Ministry of Foreign Affairs. During the meeting, the sides...

Azerbaijan’s president inaugurates Ahmadbayli-Fuzuli-Shusha highway

News.Az ·

Azerbaijan's President Ilham Aliyev on Thursday attended the inauguration of the Ahmadbayli-Fuzuli-Shusha highway. Saleh Mammadov, Chairman of the Board of the State Agency of Azerbaijan Automobile Roads, briefed President Ilham Aliyev on the...

Azerbaijan manages budget surplus despite increased spending

AzerNews · July 3, 2025

Azerbaijan manages budget surplus despite increased spending 3 July 2025 11:29 (UTC+04:00) From January to June 2025, Azerbaijan’s state budget revenues reached ₼19.8 billion ($11.7 billion), while expenditures amounted to ₼17.1 billion ( $10.1...

Trade turnover between Azerbaijan, Uzbekistan triples in first 5 months of this year

AzerNews · July 3, 2025

Trade turnover between Azerbaijan, Uzbekistan triples in first 5 months of this year 3 July 2025 11:56 (UTC+04:00) From January to May this year, the trade turnover between Azerbaijan and Uzbekistan reached 214.8 million US dollars, marking a...

Uzbekistan, Azerbaijan target $1bn trade by 2030 as leaders seal broad cooperation agreements in Baku

Daryo · July 3, 2025

Uzbekistan, Azerbaijan target $1bn trade by 2030 as leaders seal broad cooperation agreements in Baku Uzbekistan and Azerbaijan have set a target to increase bilateral trade to $1bn by 2030, as Presidents Shavkat Mirziyoyev and Ilham Aliyev...

ECO forum in Shusha signals Azerbaijan’s ambitions as regional economic hub

AzerNews · July 3, 2025

The Economic Cooperation Organization (ECO) Business Forum, currently underway in the historic city of Shusha as part of the inaugural “ECO Week,” marks a pivotal moment for economic cooperation among member states. Jointly organized by...

Azerbaijani Deputy Foreign Minister meets with Afghan counterpart

APA ·

On July 2, 2025, in Baku, Deputy Minister of Foreign Affairs of the Republic of Azerbaijan Elnur Mammadov met with Deputy Minister of Foreign Affairs of Afghanistan Mohammad Naeem Wardak, the Azerbaijan MFA told APA. During the meeting,...

President Ilham Aliyev attended opening of Khankendi Business Center

APA ·

On July 3, President of the Republic of Azerbaijan Ilham Aliyev attended the inauguration of the Khankendi Business Center, part of the Khankendi Hotel Complex, APA reports. Ramin Guluzade, Head of the President's Administrative Services...

Erdoğan to attend ECO summit in Azerbaijan

Hurriyet Daily News ·

ANKARA President Recep Tayyip Erdoğan will attend the leaders’ summit of the Economic Cooperation Organization (ECO) in Azerbaijan's Karabakh, which will focus on a new vision for the 10-member organization. According to a statement by Türkiye's...