Azerbaijan’s Seismic Survey Center, US’s “Kinemetrics” Company hold discussions

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More from Economy

Azerbaijan voices support for Turkey after failed coup

26.07.2016 15:53 GMT

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Azerbaijan on Tuesday voiced support for its "solid" business partner Turkey in the aftermath of the deadly July 15 coup attempt.

Azerbaijan’s Central Bank raises nearly 50M manats at auction

25.07.2016 17:35 GMT

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The Central Bank of Azerbaijan (CBA) raised 50 million Azerbaijani manats at a deposit auction on July 25, the CBA told APA.

Liquidator of four closed Azerbaijani banks appointed

25.07.2016 15:10 GMT

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“ADIF has been appointed the liquidator of DekaBank, KredoBank, Parabank and Zaminbank in accordance with the court’s decision."

Georgia has financial claims to Azerbaijani Railways

25.07.2016 11:37 GMT

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Georgia has raised a financial claim against CJSC Azerbaijani Railways (ADY).

SOCAR sustains losses in Africa

25.07.2016 11:07 GMT

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SOCAR's losses in Africa will reach $9 million.

Central Bank to hold depository auction

25.07.2016 10:50 GMT

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The Central Bank of Azerbaijan will today hold a depository auction for raising funds.

Azerbaijan seeks to return status in EITI

25.07.2016 09:28 GMT

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Azerbaijan does not leave attempts to return the status in the Extractive Industries Transparency Initiative (EITI).

Fitch downgrades inflation forecast for Azerbaijan

25.07.2016 09:27 GMT

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Fitch international ratings agency downgraded the forecast on inflation in Azerbaijan from 14 to 11.5 percent and from 7 to 6 percent in 2016 and 2017, respectively.

World oil prices go down

25.07.2016 09:25 GMT

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Brent oil price dropped by 0.26% to $45.57 per barrel at London's ICE Futures at 09.00 Baku time.

Azerbaijan allocates over $600M for construction of BTK’s Georgian section

23.07.2016 10:37 GMT

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The Baku-Tbilisi-Kars railway is being constructed on the basis of the Georgian-Azerbaijani-Turkish intergovernmental agreement.

Another Azerbaijani joins Russian Lukoil’s management

22.07.2016 15:21 GMT

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An Azerbaijani has been appointed Lukoil Vice-President for coordination of petroleum product marketing and distribution.

AZAL, Ural Airlines agree on joint flights on Gabala-Moscow-Gabala route

22.07.2016 14:43 GMT

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Azerbaijan Airlines (AZAL) and Russian Ural Airlines will start operating joint flights on Gabala-Moscow-Gabala route from July 31.

Azerbaijan Deposit Insurance Fund to attract loan from Central Bank

22.07.2016 13:00 GMT

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ADIF Executive Director Azad Javadov has made a statement.

French portal: Baku is a safe city

22.07.2016 12:05 GMT

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Tourists are recommended not to compare Baku to other cities.

Azerbaijani delegation joins UN Conference on Trade and Development

22.07.2016 10:41 GMT

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Employees of the Azerbaijan Export and Investment Promotion Foundation are participating in the Fourteenth session of UN Conference on Trade and Development in Nairobi, Kenya.

Licenses of four banks cancelled in Azerbaijan

22.07.2016 10:25 GMT

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The licenses of Dekabank, Kredobank, Parabank and Zaminbank have been cancelled in Azerbaijan.

Azerbaijani oil price experiences decline

22.07.2016 10:21 GMT

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Azeri Light oil price on the world markets has dropped $0.34 or 0.70%.

EU recommends Azerbaijan to reorient agriculture to tea, berries, silk and wine

22.07.2016 10:00 GMT

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The Ministry of Agriculture of Azerbaijan does not leave attempts to increase the productivity of the industry by forming value chain.

BP-ordered vessel to be ready in 2017

22.07.2016 09:59 GMT

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Baku Shipyard JSC, the resident of the Garadagh industrial park, is implementing construction and repair of various vessels.

Minister: Carbamide plant in Azerbaijan to be launched in 2018

22.07.2016 09:45 GMT

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"The plant will fully meet the demand in nitrogen fertilizers in agrarian sector."

Ministry issues warning to those who apply for tourism companies

21.07.2016 16:16 GMT

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Some travel companies do not comply with requirements of the proposed legislation.

Vagif Aliyev: SOCAR will continue to invest in Turkey

21.07.2016 16:12 GMT

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'Military coup attempts are unacceptable in democratic countries.'

SOFAZ sells 50 million USD to banks

21.07.2016 12:51 GMT

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The State Oil Fund of Azerbaijan Republic (SOFAZ) has put 50 million USD at today’s auction.

Azerbaijan increases precious metals extraction

21.07.2016 11:35 GMT

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Azerbaijan, which started industrial production of gold in July 2009 and publication of accompanying silver production in 2010, decreased production of gold by 12.9% for 2016, while production of silver increased by 4.2-fold.

Azerbaijan Railways, Siemens keen to expand co-op

21.07.2016 11:24 GMT

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Azerbaijan Railways CJSC and the German Siemens company are interested in expanding cooperation, Nadir Azmammadov, spokesman for Azerbaijan Railways CJSC, told APA on July 21.

SOCAR president: We will continue investing in Turkey

21.07.2016 10:28 GMT

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"We fully trust the government, people's will, economy and stability of this country."

AmCham interested in improving tax legislation in Azerbaijan

21.07.2016 10:16 GMT

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Azerbaijan's Minister of Taxes Fazil Mammadov has held a meeting with the representatives of the American Commercial Chamber in Azerbaijan (AmCham).

TAP remains US government’s priority

20.07.2016 19:21 GMT

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Azerbaijani manat rate for July 21

20.07.2016 17:58 GMT

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Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.5693 manats for July 21.

IMF lowers forecast for world economic growth

20.07.2016 15:35 GMT

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The International Monetary Fund (IMF) has lowered the forecast for the world economic growth for 2016 and 2017, referring to the growing uncertainty caused by Brexit, according to the updated IMF World Economic Outlook (WEO).

UK oil field services company closing office in Azerbaijan

20.07.2016 13:37 GMT

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BJ Services Company Middle East Ltd., a UK oil field services company, announced the liquidation of its office in Azerbaijan, the Azerbaijani Taxes Ministry’s ‘Vergiler’ newspaper reported July 20.

Manufacture of new model of cars starts in Azerbaijan

20.07.2016 10:10 GMT

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Nakhchivan Automobile Plant (NAZ), an automobile manufacturer in the Nakhchivan Autonomous Republic of Azerbaijan, has published information on its activity for the 1st half of the year.

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