Azerbaijan brought self-sufficiency in meat and dairy products to 90%, Agriculture Minister Inam Karimov said at an event dedicated to the launch of a partnership program with the Food and Agriculture Organization of the United Nations (FAO). Under the partnership program with FAO, Azerbaijan will not only be a beneficiary, but also act as a…
Heavy fog in Baku didn’t affect the activity of the Heydar Aliyev International Airport. All flights are performed in accordance with the schedule. “There are no delays in arrival and departure of the flights,” the airport said. (Trend/Business World Magazine)
Starting from May 16, the low-cost airline Buta Airways will launch direct flights to another Russian city – Astrakhan, the press service of Buta Airways reported. Astrakhan will be the fifth destination of the low-cost airline in Russia. The airline is already operating regular flights from Baku to Moscow, St. Petersburg, Kazan and Mineralnye Vody.…
Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Zardab-Garavalli road in Zardab. Under the presidential order, the Azerbaijan Highway State Agency is allocated 3.9 million manats for the construction of the road connecting six residential areas with a total population of 7,000 people. (AzerNews/Business World Magazine)
In 2018, electricity production in Azerbaijan amounted to 22.52 billion kilowatt hours, up by 3.4% YoY, Azerenergy OJSC reported. The volume of electricity exported from Azerbaijan to Russia, Georgia, Iran and Turkey, compared to 2017, increased by 175 million kilowatt hours or by 14.2%. Over 20 billion kilowatt-hours of electricity were generated at the power…
Next express trains in Azerbaijan may run in the directions of Gabala and Yalama, Chairman of Azerbaijan Railways CJSC Javid Gurbanov said. “If construction work goes according to schedule, then the railway services to Gabala will have been launched by the end of 2019. Technical capabilities allow this to be realized. The next destination will…
The Central Bank of Azerbaijan (CBA) expects to keep inflation rate at 4% (+/-2%) in 2019, according to a CBA statement on monetary policy for 2019 and medium term. Inflation rate was falling rapidly in 2018 than expected and stabilized at a single digit. Inflation rate was 2.3% in January-November. The average annual inflation rate…