Business & Economics
COP29, Climate and Technology Aspect
By Dr. E. Serdar Gökpınar, advisor, Technology Development Foundation of Turkiye (TTGV) The official name, UN Climate Change Framework Convention Conference of the Parties, or the United Nations Climate Change Conference, known as COP (Conference of Parties), was first held
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History Of The Authentic Georgian Winery Chateau Ozhio – Ozhio Estate
Georgia is often referred to as the “motherland of winemaking” or “cradle of wine” due to its ancient and rich wine culture. Archaeological evidence suggests that winemaking in Georgia dates back over 8,000 years, making it one of the oldest
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What Are the Economic Dividends of COP29?
By Vugar Bayramov Member of the Parliament of Azerbaijan. The Conference of the Parties to the UN Framework Convention on Climate Change has started its work in Baku. On the whole, the adoption of the decision to hold the COP29
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Azerbaijan’s GDP Grew by 2.7% in the First Nine Months of 2024
According to the State Statistics Committee of the country, Azerbaijan’s gross domestic product (GDP) reached 92,829.5 million manats for the period from January to September 2024. In the first nine months of 2023, GDP amounted to 90,812.5 million manats. This
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Formula 1 Brings 20 Million Dollars Annually to The Tourism and Hospitality Sectors
Direct and indirect income of Azerbaijan from hosting the Formula 1 Azerbaijan Grand Prix amounts to more than $100 million per year – said Samir Dubendi, Founder of DAIR Hotels and Restaurants Association and Chairman of The Executive Board of
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Ilham Aliyev and Mehriban Aliyeva Attended Inauguration of “Yukhari Vang” Hydroelectric Power Plant on Tartar River in Kalbajar
On September 2, President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva attended the opening of the “Yukhari Vang” Hydroelectric Power Plant. This plant, with a capacity of 22.5 MW, is owned by “Azerenerji” OJSC and
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Central Asia and The Struggle for Water
Central Asia is facing a water crisis as it is hit with the triple whammy of global warming, fast economic growth driving rising demand and burgeoning populations. / bne IntelliNews The Kyrgyz have a saying: “El bashi bolboy, suu bashi
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China Seeks to Join JV With Azerbaijani, Kazakh, Georgian Railways to Develop Trans-Caspian Route
Interfax.ru. China has announced plans to join Middle Corridor Multimodal Ltd., a joint venture formed by the railway operators of Kazakhstan, Azerbaijan and Georgia to develop a multimodal service on the Trans-Caspian International Transport Route (TITR). The announcement was made
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Share of Azerbaijan-Russia Settlements in National Currencies Growing – Aliyev
The share of national currencies in settlements between Azerbaijan and Russia has been growing, Azerbaijani President Ilham Aliyev said. “Of course, there was an increase in trade last year and this year. It demonstrates that our economies actively cooperate. It
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SOCAR, VNG Sign Memorandum on Gas, Renewable Energy
State Oil Company of the Azerbaijani Republic (SOCAR) and Germany’s Verbundnetz Gas Agbo (VNG) have agreed to increase cooperation in natural gas and renewable energy, SOCAR said in a statement. “SOCAR and VNG signed a memorandum of understanding in the
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