#economy
Latest news and interesting information about economy.
New Oil Refinery: Reducing Import Dependence
Azerbaijan's new oil refinery project: reducing import dependence, boosting exports. Completion in 5-6 years.
MSME Day: Driving Global Economy
International MSME Day – The role of micro, small and medium enterprises in Azerbaijan and the world, and support mechanisms.
Ali Asadov approves new support rules for entrepreneurs
Azerbaijan's Cabinet of Ministers approves rules for evaluating support to micro, small, and medium enterprises. Prime Minister Ali Asadov signs the decision; Ministry of Economy to conduct assessments.
Rutte: "This is Trump's trillion"
NATO Secretary General Mark Rutte praises Trump, stating European defense orders brought $1 trillion benefit to US economy.
Fake health certificate clinic license revoked
General Hospital's license revoked for issuing fake health certificates. Official statement from authorities.
US-Iran deal to impact Caspian region
How will the US-Iran agreement affect Caspian littoral states? Russia hopes the truce will revive cooperation in a five-party format.
Ali Asadov meets Jordan delegation in Baku
Azerbaijan PM Ali Asadov meets Jordanian delegation led by Speaker Mazen Al-Qadi. Talks focus on bilateral cooperation and OIC Parliamentary Union session.
Most Competitive Economies: Singapore Leads
Switzerland lost its top spot in competitiveness ranking; Singapore leads. Details on IMD report and shifts.
Azerbaijani businessman's stores burned in Moscow drone attack
Azerbaijani businessman reports huge losses after his stores burned in Moscow drone attack. Sadovod shopping center also damaged.
Iran-US conflict hits France hard
Iran-US conflict hits France hard. French budget suffers 6 billion euro loss.
Jeyhun Bayramov Discusses TRIPP Project with Abraham Hamade
Azerbaijani Foreign Minister Jeyhun Bayramov met with US Congressman Abraham Hamade to discuss the TRIPP project and bilateral relations.
Minister: Industrial production to be key economic driver
Economy Minister Mikayil Jabbarov highlights the future economic role of industrial production.
Mikayil Jabbarov: IsDB Contributes to Azerbaijan's Development
Minister Mikayil Jabbarov highlights IsDB's support for Azerbaijan's development and modernization, and expresses expectations for future cooperation.
PM: Azerbaijan pursues open economy policy
Azerbaijan Prime Minister Ali Asadov spoke about open economy policy, investment attraction, and green energy at the Tashkent forum.
Azerbaijan-Chad Economic Cooperation Prospects
Azerbaijan and Chad discuss economic cooperation prospects at Islamic Development Bank annual meetings. Opportunities in trade, investment, energy, and digitalization explored.
Iran's Strongest Leverage Tool
CNN: Iran can close the Strait of Hormuz, a more powerful leverage tool than nuclear weapons, US intelligence says.
IsDB: 150 million youth excluded from economy
IsDB official: 150 million youth excluded from economic processes. What are the barriers?
Azerbaijan can contribute to halal economy
Azerbaijan can contribute to halal economy, says Islamic Development Bank official at Halal Forum in Baku.
Vance Talks US-Iran Deal
US Vice President JD Vance says the deal with Iran does not involve US fund transfers and warns of consequences if violated.
Construction sector shrank 0.4% in 2025
Azerbaijan's construction sector shrank 0.4% in 2025, missing forecasts. Chamber of Accounts releases opinion.
Heydar Aliyev saved Azerbaijan
Heydar Aliyev saved Azerbaijan from fragmentation. June 15 - National Salvation Day - perspective from Turkey. Memories of Shamil Ayrım.
Azerbaijani Ambassador Presents Credentials in Peru
Azerbaijani Ambassador Seymur Fataliyev presents credentials to Peru's President. Bilateral relations and cooperation discussed.
Economic growth and non-oil sector development in Azerbaijan
Azerbaijan economic growth, non-oil sector development prospects, Minister Mikayil Jabbarov statements and expert opinion.
Swiss reject population cap in referendum
Switzerland rejects population cap proposal in referendum, with 55% of voters opposing the limit. Read more on Bond.az.
Beach waste threatens health
How does beach waste affect health? Insights from citizens and experts on the dangers of beach litter in Baku.
TDT Competition Forum Held in Shusha
OTS Competition Forum in Shusha discusses competition policy and regional cooperation.
Baku to host HELF/AZHAB Forum 2026
Baku to host HELF/AZHAB Forum 2026 during the Islamic Development Bank Group Annual Meetings. Halal economy, sustainability, and regional integration discussed.
Economic future and energy transition discussed at forum
The economic future and energy transition of Azerbaijan were discussed at the Technovation by PMI forum in Baku, co-organized by AmCham Azerbaijan.
World Bank Raises Azerbaijan's Economic Growth Forecast
World Bank raises Azerbaijan's economic growth forecast: 2% in 2026, 1.8% in 2027.
Economic Council meeting: Tasks assigned
The Economic Council meeting discussed Alat Free Economic Zone, infrastructure, and service sector, assigning tasks to relevant bodies.
...