ECONOMY

Digital transformation has already become one of the main directions of economic development, public administration, and public services in all countries of the world. Almost all areas, from banking operations to the tax system, from healthcare to education, and from e-government services to daily shopping, are rapidly digitizing. While this process makes citizens’ lives easier, […]

An article has been published in “The National Interest” regarding how an Iran war is leading to an increased role for the Middle Corridor. According to a report by elchi, the article highlights as a key point that the outbreak of war between Iran, the US, and Israel in February 2026, followed by the crisis […]

In June, more than 18 million passengers were transported by metro. This was reported to elchi by Baku Metropolitan CJSC. It was stated that compared to June of last year, the number of passengers transported increased by 6.9%. In terms of the number of trips, the leader of the month was the “Koroglu” station with […]

A delegation led by Rovshan Rustamov, Chairman of “Azerbaijan Railways” CJSC (ADY), which is one of the AZCON Holding companies, held bilateral meetings with the leadership of Russian Railways (RJD) and trilateral meetings with the participation of the heads of the Russian and Iranian railway administrations during a business visit to the Russian Federation. elchi […]

Between April 21 and July 2, 2026, the electricity demand in the Nakhchivan Autonomous Republic was fully met through renewable energy sources. This was reported by elchi, citing the Ministry of Energy. “During this period, a total of 118.374 million kWh of electricity was generated, with 104.486 million kWh from hydroelectric power plants (HPP) and […]

The price of Brent crude oil may fall to $60 by the end of the year. elchi reports that Bloomberg agency has provided this information, citing analysts from Citigroup. According to the bank’s experts, shipping through the Strait of Hormuz is gradually returning to normal, and a weakening is being observed in the physical oil […]

The next shipment from Russia to Armenia has been carried out via transit through Azerbaijan. “Elchi” reports that 14 wagons containing 976 tons of wheat were sent today from Bilajari station in the direction of Boyuk Kasik. It should be noted that so far, more than 35,000 tons of grain, nearly 8,000 tons of fertilizer, […]

Approximately 86 billion cubic meters of gas have been exported to Turkey via the Baku-Tbilisi-Erzurum pipeline so far. According to “Elchi”, this was reported with reference to the Ministry of Energy. According to the information, 19 years have passed since the commissioning of the Baku-Tbilisi-Erzurum gas pipeline. Natural gas obtained from the “Shah Deniz” gas-condensate […]

The upper limit of the insurance payment amount is being determined. elchi reports that this is reflected in the proposed amendment to the Law “On compulsory insurance against loss of professional working capacity as a result of occupational accidents and occupational diseases,” which was discussed at today’s meeting of the Labor and Social Policy Committee […]