Yelo Bank’s loan portfolio grows to 1.15 billion manats in nine months
Yelo Bank's total loan portfolio expanded by 61.22 million manats, or 5.6%, in the January-September period of 2026 to reach 1.15 billion manats, driven mainly...
Category : Economy
ASCO, ADY raise freight tariffs by up to 20%, logistics firm says
The head of Sara Logistics, Ulvi Ojagli, says the Caspian Shipping Company (ASCO) and Azerbaijan Railways (ADY) have raised cargo transport tariffs by 10-20%. The...
Azerbaijan produces 2,281 kg of gold in first nine months
Azerbaijan's State Statistics Committee reports that the country produced 2,281 kilograms of gold and 2,813.8 kilograms of silver between January and September this year. Gold...
Azerbaijan’s minimum wage hike to affect over 700,000 workers
Azerbaijan will raise its minimum wage next year on the president's instructions, a move lawmaker Vugar Bayramov says will boost pay for more than 700,000...
Azerbaijan’s electricity, gas and steam output falls 2.2% in nine months
Azerbaijan produced 2,627.8 million manats worth of electricity, gas and steam in January-September, down 2.2% year-on-year, the State Statistics Committee reported....
Azerbaijan’s methanol output falls 25.2% in nine months
Azerbaijan produced 269,400 tonnes of methanol between January and September, down 25.2% from the same period of 2025, the State Statistics Committee has reported....
Azerbaijan’s sea freight volume falls 4.2% in nine months
Azerbaijan's sea transport carried 6 million 671,500 tonnes of cargo in January-September, down 291,400 tonnes, or 4.2%, from a year earlier, the State Statistics Committee...
Azerbaijan’s air passenger traffic rises 5.9% in nine months
Azerbaijan's airlines carried 3,288,400 passengers in January-September, up 183,500 passengers or 5.9% from a year earlier, the State Statistics Committee reported....
Karimov discusses fiscal reforms with IMF, ADB in Bangkok
Azerbaijan's First Deputy Finance Minister Anar Karimov held a series of meetings with international financial institutions in Bangkok during the IMF-World Bank Group annual meetings....
Azerbaijan’s transport, warehousing sector earns 12.8bn manats in nine months
Azerbaijan's transport and warehousing sector generated 12.8166 billion manats in revenue between January and September, up 10% in real terms year-on-year, the State Statistics Committee...