Category : Economy

Business & Investment

Azerbaijan expects 108.6 billion manat investment in fixed capital for 2027-2030

EditorOctober 21, 2026October 21, 2026

by EditorOctober 21, 2026October 21, 202605

Tahir Rzayev, chairman of the Milli Majlis Committee on Agrarian Policy, said Azerbaijan expects 108.6 billion manats in total investment in the economy's fixed capital...

Business & Investment

Anar Isayev leaves Bravo to become COO at Prime Light

EditorOctober 21, 2026October 21, 2026

by EditorOctober 21, 2026October 21, 2026016

Anar Isayev, who headed the Supply Chain department at Azerbaijan's Bravo supermarket chain, has stepped down. He has been appointed Chief Operating Officer (COO) at...

Finance & Banking

Central Bank: dollar steady, euro weakens, ruble gains

EditorOctober 21, 2026October 21, 2026

by EditorOctober 21, 2026October 21, 202604

The Central Bank of Azerbaijan has published official exchange rates for October 21, 2026. The US dollar held steady at 1.7000 manats....

Transport & Logistics

Azerbaijan Railways’ international passenger traffic jumps 5.4-fold in Q3

EditorOctober 21, 2026October 21, 2026

by EditorOctober 21, 2026October 21, 202604

Azerbaijan Railways (ADY) carried 63,787 passengers on international routes in the third quarter of 2026, 5.4 times more than in the second quarter, the company...

Business & Investment

Azerbaijan’s tobacco imports reach $111.5 million in nine months

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202605

Azerbaijan imported $111.5 million worth of tobacco and tobacco products in the first nine months of this year, the State Customs Committee has reported. The...

Azerbaijan to launch five solar plants with 680 MW capacity by 2027

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202603

Azerbaijan plans to bring five new solar power plants with a combined capacity of 680 megawatts online by 2027, according to Javid Abdullayev, head of...

Azerbaijan’s meat imports near $90 million in nine months

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202603

Azerbaijan imported 37,939 tonnes of meat worth $89.37 million in January-September, the State Customs Committee reports. That marks a 13.9% rise in volume and a...

Finance & Banking

Azerbaijan’s parliament backs bill creating securitisation mechanism

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202605

Azerbaijan's Milli Majlis has approved in first reading a bill establishing a securitisation mechanism that will let lenders issue bonds backed by future payments from...

Finance & Banking

Azerbaijan to classify smartphones with payment apps as POS terminals

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202605

Azerbaijan's Ministry of Economy has proposed amending the law "On Electronic Commerce" to classify mobile phones and other end-user devices running the right software as...

Azerbaijan to invest $2.6 billion in green energy by 2027

EditorOctober 20, 2026October 20, 2026

by EditorOctober 20, 2026October 20, 202604

Azerbaijan's Energy Minister Parviz Shahbazov says the country will channel about $2.6 billion into renewable energy projects and power grid development by 2027, with $600...

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