Azerbaijan to cover 70% of exporters’ transport costs, deputy minister says
Azerbaijan will reimburse up to 70% of transportation costs for non-oil and gas exporters under a new state support mechanism, First Deputy Economy Minister Elnur...
Category : Business & Investment
Azerbaijan’s trade with Central Asia up more than 50% in 2025
Azerbaijan's Minister of Economy Mikayil Jabbarov says the country's trade turnover with Central Asian states has grown by more than 50% in 2025. He made...
Azerbaijan’s construction sector GDP falls 13% in first half of 2026
Azerbaijan's construction sector real GDP dropped 13% in the first half of 2026 compared with the same period last year, the Central Bank of Azerbaijan...
Tumar Ventures venture fund registered in Baku
A new venture capital fund, Tumar Ventures LLC, has officially registered in Azerbaijan. The newly established company has a charter capital of $1 million and...
Azerbaijan’s manufacturing output rises 3.4% in nine months
Azerbaijan's manufacturing sector grew 3.4% in January-September, even as overall industrial output fell 0.8% to 51.2 billion manats, according to the State Statistics Committee....
Azerbaijan’s industrial output falls 0.8% in first nine months
Azerbaijan produced 51 billion 178.1 million manat worth of industrial goods in January-September 2026, down 0.8% in real terms from a year earlier, the State...
Azerbaijan lifts export ban on rough diamonds
Prime Minister Ali Asadov has signed an amendment removing rough, unprocessed diamonds from the list of goods requiring special export permission. The change means producers...
Turkish agri-trading firm Agro Resource closes Baku representative office
Turkish company Agro Resource Tarım Gıda İç ve Dış Ticaret Anonim Şirketi is shutting down its representative office in Baku. Creditors with claims against the...
Interfax: Tokayev calls for $20 billion Central Asia-Azerbaijan trade target
Russia's Interfax news agency reports that Kazakh President Kassym-Jomart Tokayev has urged Central Asian states and Azerbaijan to jointly draw up a strategy to raise...
Sumgayit Chemical Industrial Park to get six new production buildings
Azerbaijan's Sumgayit Chemical Industrial Park will add six new production buildings and engineering networks across 2.29 hectares, according to a tender notice on the state...