Azernews.Az

Wednesday May 15 2024
Potential shift in Azerbaijan's labor landscape: Benefits of hourly minimum wage

Potential shift in Azerbaijan's labor landscape: Benefits of hourly minimum wage

The monthly minimum wage may be replaced by an hourly minimum wage in Azerbaijan. This is reflected in the 2024 roadmap for implementing improvements and communications in the relevant area, based on the World Bank Group's Business Ready report. The Ministry of Labor and Social Protection has been instructed to prepare and submit appropriate proposals to replace the monthly minimum wage with an hourly wage by July 1 of this year.

Nation
Azerbaijan COP29 preparations shine in G7 Civil Society Summit spotlight

Azerbaijan COP29 preparations shine in G7 Civil Society Summit spotlight

At the civil society summit of G7 countries held in Italy, the panel session titled ‘Human mobility and climate change’ discussed the work done by Azerbaijan to organize COP29 at a high level and to achieve consensus among all interested parties, a member of the COP29 Organizing Committee Parvana Valiyeva said, Azernews reports.

Oil & Gas
Azerbaijani oil price keeps falling slightly

Azerbaijani oil price keeps falling slightly

The price of 1 barrel of "Azeri Light" brand oil on the world market decreased by 1.15 US dollars or 1.36 % and amounted to 83.33 US dollars, Azernews reports.

Business
Agency head proposes establishment of Fintech regional centres for development

Agency head proposes establishment of Fintech regional centres for development

This year, it is planned to create regional centres for fintechs in Baku, Sumgayit, and Ganja, Inara Valiyeva, the head of the Innovation and Digital Development Agency under the Ministry of Digital Development and Transport, said at the Fintech Summit, Azernews reports.

Analysis

Armenian-Azerbaijani conflict
OSCE Minsk group self-archives as Caucasus enters conflict-free era

OSCE Minsk group self-archives as Caucasus enters conflict-free era

The OSCE Minsk Group played the role as the main mediator in the Armenian-Azerbaijani conflict from the mid-1990s to the end of 2020, that is, until the start of the second Garabagh war.

Armenian Aggression
Armenian churches substitute political will of country's faded opposition

Armenian churches substitute political will of country's faded opposition

In Armenia, opposition-oriented protests have become widespread in recent days. The protesters, under the leadership of Archbishop Bagrat Galstanyan, still demonstrate their dissatisfaction with the recent border delimitation process between Armenia and Azerbaijan.

World
Hungary, OTS sign joint action plan

Hungary, OTS sign joint action plan

A "Joint Action Plan" was signed between the Organization of Turkish States (OTS) and the Ministry of Foreign Affairs and International Trade of Hungary.

Travel
Norwegian voyager astonished by speed of rebuilding in Garabagh, East Zangazur

Norwegian voyager astonished by speed of rebuilding in Garabagh, East Zangazur
Architectural wonders on Istanbul Waterway: Iconic Bosphorus mansions [PHOTOS]

Architectural wonders on Istanbul Waterway: Iconic Bosphorus mansions [PHOTOS]
Azerbaijani tourists constitute 7% of overall visitors to Iran in 2023

Azerbaijani tourists constitute 7% of overall visitors to Iran in 2023
Azerbaijan, Jordan intends to expand tourism cooperation [PHOTOS]

Azerbaijan, Jordan intends to expand tourism cooperation [PHOTOS]
Azerbaijan notes growth in number of visitors to national parks

Azerbaijan notes growth in number of visitors to national parks
Azerbaijan sees increase in number of visitors

Azerbaijan sees increase in number of visitors

Lifestyle
Kharibulbul Int'l Festival unites nations through music [PHOTOS]

Kharibulbul Int'l Festival unites nations through music [PHOTOS]

The 7th Kharibulbul International Music Festival were solemnly held in Shusha and Lachin cities.

Culture
Azerbaijan Fashion Week to host Up-Cycle Jeans competition

Azerbaijan Fashion Week to host Up-Cycle Jeans competition

The competition "Up-Cycle Jeans" will be organised within the 16th spring-summer season of Azerbaijan Fashion Week, Azernews reports. The competition aims to support the development of environmentally friendly fashion.

Events
Alat Free Economic Zone authority participates in exhibition at AIM Congress in UAE

Alat Free Economic Zone authority participates in exhibition at AIM Congress in UAE

The Alat Free Economic Zone Authority (AFEZ Authority) participated at the exhibition organised in the framework of the Annual Investment Meeting (AIM Congress) held in Abu Dhabi, UAE, Azernews reports.

Sports
Int'l Weightlifting Federation plans to open academy in Azerbaijan [PHOTOS]

Int'l Weightlifting Federation plans to open academy in Azerbaijan [PHOTOS]

The Azerbaijan National Olympic Committee (NOC) has hosted a meeting with the President of the International Weightlifting Federation (IWF), Mohammed Jalood.

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