Azerbaijan reveals plans regarding railway bridge on Astara River

W1siziisijiwmtyvmduvmjgvmtevmjivmzmvngy1zda2mgmtyjljys00mthlltk4mgqtotc5yzg3mzhkzdjhl3jvywrfx3jlcgfpcl8ynza1mtzfxygzks5qcgcixsxbinailcj0ahvtyiisijm1mhgynzajil1d?sha=c5119ee577c8cf03 W1siziisijiwmtyvmduvmjcvmjavmtcvndavyznmzdi5zdgtogfkmi00yjvhlwfjmjctywq4y2mxmjbjmta5l05vdmfrlmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=364d91075a011a7b W1siziisijiwmtyvmduvmjcvmtcvmzmvmdcvogy5ntvlztqtnmu2oc00odq3ltk0odmtytkyywzhnmrmothhlze0mzg2njixodvfa3vycy1kb2xsyxjhlw5hlxnlz29kbnlhlxytcg9uzwrlbg5pay1uys1iaxj6agutzg9sbgfylxbyawjsaxppbhn5ys1rlw90bwv0a2utnjmtcnvilmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=1e4f9e2732f1c7e0 W1siziisijiwmtyvmduvmjcvmdkvmzcvndyvmjcyywmymdctzwjizi00otnhltg4ndutnmrknwzkzjllzdm0l21vbmv5xze2mdkxnc5qcgcixsxbinailcj0ahvtyiisijm1mhgynzajil1d?sha=cfa8e914f4e251ba W1siziisijiwmtyvmduvmjyvmtgvmdivmzivmmzhmjawzgytntfkyy00ngiwlwfkyzetmzlmymy4nwe2zwqwl2rvbgxhcnmgkdeplmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=3d62258fdb2141b4

More from Economy

Fitch: Azerbaijan among countries benefiting most from commodity boom

27.05.2016 14:41 GMT

W1siziisijiwmtyvmduvmjcvmtqvndmvmtuvmzq5y2uwmtutywm1nc00mtgwltk4ngutnjdlyzcwyzhhnzfil0zpdgnox1jhdgluz3nfqwxidw0uanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=6a00342b6f60359f
A number of key economic and financial ratios in commodity-based emerging markets (CEMs) have already returned to pre-boom levels.

Azerspace-2 to be launched into orbit in 2017

27.05.2016 12:25 GMT

W1siziisijiwmtyvmduvmjcvmtivmjyvmdmvodg5ytmymgqtotljmc00mjg3ltg1zdmtmtqxnzningeyymi1lze0mdc5mjywmze3nzm3mjmynzhfmtawmhg2njkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=43b1f4707f4958fc
The process of Azerspace-2 satellite production is underway.

China Southern Airlines launches Baku-Urumqi-Guangzhou flight

26.05.2016 16:56 GMT

W1siziisijiwmtyvmduvmjyvmtyvntcvmzmvngzizdu4yzgtogu2yy00owe2lwflntetyjk0ote3mtm3nzdklze0njqyndczndkxotewnji1nzixxzewmdb4njy5lnbuzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bff9d925171b1256
China Southern Airlines company will open regular Baku-Urumqi-Guangzhou flight from July 3, AzerTag reports.

SOFAZ sells $50M at today’s auction

26.05.2016 15:24 GMT

W1siziisijiwmtyvmduvmjyvmtuvmjcvmdqvzwfmymjkmtctyjdhmi00ztu4lthlmwqtnwm3n2mzndi2mjbml3vzlwrvbgxhci1legnoyw5nzs1yyxrlltigkdeplmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=a7fd1b386d092c27
SOFAZ offered $50 million for sale through the auction.

Moody’s launches stress-test in eight Azerbaijani banks

26.05.2016 12:45 GMT

W1siziisijiwmtyvmduvmjyvmtivntkvndyvoti0n2i0ywitzgi3ys00mmm3lwe3nzktnddjyzdhmjgwmgzilzhizmfkntywywu5njy5ywziywziyjc5zjhlnze0mde2lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=1ae5b92d7a117455
Moody’s has carried our stress-test in 8 banks of Azerbaijan.

EBRD starts talks on financing TANAP gas pipeline

26.05.2016 11:32 GMT

W1siziisijiwmtyvmduvmjyvmtevmzqvmjavyjjlyzhkyjetnmi4zc00mtq0ltlmndetzdyzmzvjogy5mzljl0vcukrfbg9nb19bbgj1bv8xnza1mtiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=75e91d2c9833942e
TANAP project envisages transportation of gas of Azerbaijan's Shah Deniz field from Georgian-Turkish border to the western borders of Turkey.

IMF ready to support economic reforms in Azerbaijan

26.05.2016 10:15 GMT

W1siziisijiwmtyvmduvmjyvmtavmtyvmzmvmwqyogm1zgutogi0ns00mtdllwizzwmtotjiztmznwu1zdjhl3nhbwlyx3noyxjpzm92x2nocmlzdgluzv9sywdhcmrlxzi1mduxni5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=0b30641c241b57df
The International Monetary Fund (IMF) is ready to support the economic reforms in Azerbaijan, Trend reports.

Oil prices keep rising as stockpiles fall

26.05.2016 10:01 GMT

W1siziisijiwmtyvmduvmjyvmtavmdmvmzkvnzrhnte3owytognlnc00yta0ltg5zwmtztvmmzg2ognjmmiyl01pcm8tb2lslxbyawnlz3jhcggxlmpwzwcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=384cdb541b98ac79
Oil prices rallied Wednesday as official data showed a larger-than-expected drop in crude stocks, APA reports quoting Xinhua.

Fed's Kaplan sees two rate hikes in 2016

25.05.2016 23:59 GMT

W1siziisijiwmtyvmduvmjyvmdavmzevmdcvotq3zwe5otqtngu0ms00njzmltgwntytztmyotm0n2nhmjq2l0zlzc5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=2e6af3d0c8c7b0ae
Dallas Federal Reserve Bank President Robert Kaplan on Wednesday said the Fed should raise U.S. interest rates two times this year.

Azerbaijan's economy minister to visit Iran

25.05.2016 19:12 GMT

W1siziisijiwmtyvmduvmjuvmtkvmzmvntuvn2izmznkodktmjqxns00mmy4lwe5yjctmme2zde5zmmznmi5l01vuy5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=6fd14321d3502ad4
Shahin Mustafayev is invited to Qazvin city to get familiar with the development of Qazvin-Rasht-Astara railway.

Azerbaijan, Switzerland have potential to boost trade turnover – ambassador

25.05.2016 17:52 GMT

W1siziisijiwmtyvmduvmjuvmtgvmdmvnduvzjiwowy3zditzgrini00mgiylwfjnzgtmtjlodizntnly2jkl3rvdmfyb29ib3jvdf8xnja1mtuuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=c7783994f4f8f1e4
The trade turnover between the two countries neared 379 million Swiss francs in 2015.

USD rate remains unchanged

25.05.2016 17:46 GMT

W1siziisijiwmtyvmduvmjuvmtcvndcvntuvyzu5yjc0ntetmjexnc00yjyylwjiymutnmjkzdg0zty2ntlhl0rptexbulmtq0jolw1vbmv5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=6e6c76b70376a12e
The Central Bank has announced the dollar rate for May 26.

ASAN Payment terminals will not work two days

25.05.2016 17:06 GMT

W1siziisijiwmtyvmduvmjuvmtcvmdgvmjuvmmrizjc3mdmtymnkny00ogzlltg5mdmtzmyyyzjinzk1owuwlzmxodi0ntbjlwnhyjmtndfizi1hndazltk3mmrlmmi1njhim18yotiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=99950fa27edb123a
In the primary stage it is possible to make payment of fines for traffic violations.

SOCAR names reasons for closing office in Switzerland

25.05.2016 15:10 GMT

W1siziisijiwmtyvmduvmjuvmtuvmtevmzivotqxnti1nwutmwu2ni00mmi4lwizyjmtodgyogm2otnhywq1l3nvy2fyicgxks5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=1bcf3a8c34903a61
The fall in global oil prices forced Azerbaijan's state oil company SOCAR to conduct structural reforms.

Azerbaijan joins transit artery bypassing Turkey

25.05.2016 13:56 GMT

W1siziisijiwmtyvmduvmjuvmtqvmdyvmdyvzgjloweyzmutmje5ny00zdy5ltg1mtmtogy0mmvjngfjyty2lzblmjdmy2m1n2mymtuymtq5n2i0ywe3mtg1yzvhowzilmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=dd7ab249f331cf01
The route will pass through Azerbaijan and Georgia.

Russia's inflation to dip under 6.5% by 2017

25.05.2016 12:37 GMT

W1siziisijiwmtyvmduvmjuvmtivmzkvntyvmgrjymflnjqtztq2mc00ntjmltg4zmytndfkmmi2owywoti5lzewmzc2odk1ntkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=0502e4e169ab2bae
"We have quite a positive outlook on inflation."

BP and SOCAR sign MoU on North Absheron basin

25.05.2016 12:31 GMT

W1siziisijiwmtyvmduvmjuvmtivmzivntyvzdczzjdmmdatmgy4my00nzzhlwfkztutmmzlntqzzjfkmdzmlze0njqxmdiznjkxnzawmzywnjy1xzewmdb4njy5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=49c909032bb6b317
Block 230 covers areas in a water depth of up to 300 metres with the reservoir depth of 3000-5000 metres.

EBRD President: Azerbaijan’s economy is too dollarized

25.05.2016 12:30 GMT

W1siziisijiwmtyvmduvmjuvmtivmzmvntevztdmntkxnzytmdm2my00oguylwi1n2qtmtg1n2e1mzc3odaxlzjjodi2yzq3ndniztyxowfjyznlognmzte0njdizgqzlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=6f881c207c39d276
“The economy may grow when the local banks are able to grant loans."

SOCAR closes down its Geneva office

25.05.2016 10:41 GMT

W1siziisijiwmtyvmduvmjuvmtavndivmzuvnzgzyzfmmdytmgi1zi00mdg1lwi2nmetotfmytnlogzinmqyl3nvy2fylmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=8448efcc26587e3c
SOCAR has closed down its Geneva Office, Azerbaijani ambassador to Switzerland Akram Zeynalli said in his interview to Swiss Nasha Gazeta newspaper.

Ticket sales from Russia to Azerbaijan increased by 90 percent

25.05.2016 09:50 GMT

W1siziisijiwmtyvmduvmjuvmdkvntivmtmvmwrmytflnzytnzgxzi00nzlhlthizmetzdnmodu2mwyxzjy4l3zxlwjhds1yb3nzaxlhlxj1c3npyw4tywlybgluzxmtywlyynvzlwezmtktmtawxzmuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=854fcf421f787a44
Ticket sales from Russia to Azerbaijan have increased by 90%.

Azerbaijan expects huge benefits from its first ever free trade zone

25.05.2016 00:34 GMT

W1siziisijiwmtyvmduvmjuvmdavmzyvmtuvy2mxyme3nwytzjjjys00yzrkltg5zdatmjy3zmqzoti5yjq4l2zyzwvfdhjhzgvfem9uzv8xlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bf4a3e57a7f44629
Creating a free trade zone is considered to be a milestone of strengthening the country's position as a regional logistics and transportation hub.

Azerbaijan to prepare special program of financial stability

24.05.2016 20:21 GMT

W1siziisijiwmtyvmduvmjqvmjavmjivntmvodbimdk2njgtmzc0ny00ywe0lthmotitztniywnknmvkmtdml1j1c3rhbw92lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=f6f8a6e15fdd7e31
Head of the Central Bank says that the country's banking sector is being thoroughly diagnosed.

Iran negotiating with Azerbaijan and Russia for funding Rasht-Astara railway

24.05.2016 17:55 GMT

W1siziisijiwmtyvmduvmjqvmtgvmtuvmdevndq0mduymzatztg1zs00nzmwlwfiodctnji3mdbimjc2ogzilzeuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=d9d637da053b4e8a
Azerbaijani side is interested in funding of Rasht-Astara railway, deputy head of the Islamic Republic of Iran Railways Ahmad Khudai told APA.

BP report on Q1 oil output in Azerbaijan

24.05.2016 16:33 GMT

W1siziisijiwmtyvmduvmjqvmtyvmzqvntivmmm5zjc4nwetnzixmy00ztdmlweymdgtn2y3zdfiytzkntywl1flcmjpignpcmfxicgxksaomikuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=5d4ea314e411ecaa
The daily oil output was 651,000 barrels during the reporting period.

BP-Azerbaijan posts increase in number of local employees

24.05.2016 15:33 GMT

W1siziisijiwmtyvmduvmjqvmtuvmzqvntavmdkxm2e4ztetnjm3zi00ntmyltkxogitzdq4ztcyzjq2ytqxl2jwicgxks5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=4322ac97b485bd85
The company has published a report on business operations.

Azerbaijani banks buy $50M from SOFAZ

24.05.2016 12:51 GMT

W1siziisijiwmtyvmduvmjqvmtivntqvmdmvmjfjndi2nmutnteymy00odzlltkzowutowewymziywuznjaxl2rvbgxhciaomikgkdeplmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=06ac1c2913bb7d23
SOFAZ offered $50 million for sale through the auction.

State organizations owe AZN 500M to Central Bank

24.05.2016 11:47 GMT

W1siziisijiwmtyvmduvmjqvmtevntivmdavmtvhogy1ndatmge5yi00m2rllwexotetyjhkytu2yznimddmlzg5yjqzztqzn2vhntljmmziodi2zjvmmmjlyzjkntjklmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=4bcf86a9c023e603
AZN 500M of guaranteed loans provided by Central Bank to state organizations are overdue.

Azerbaijani government will provide support to banking sector - Moody’s

24.05.2016 11:38 GMT

W1siziisijiwmtyvmduvmjqvmtevndevmtkvntyznde2odatmzkxyy00yte5lwezmjmtzduyn2q1ymuzndk4l211zglzlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ad40c34983a7e2be
Moody's experts think the government will provide support to banking sector, especially banks with high loan portfolio.

AZN 763M-bond issue planned for funding budget deficit failed in 2015

24.05.2016 11:25 GMT

W1siziisijiwmtyvmduvmjqvmtevmzkvndqvzjrhnjbiyjatzmzjzs00mwmwltg5m2qtnzzkmtq4mdg3mmrklzzhywuym2jmywq1mdzmyzcwyju4nzu0mde5owe2nzy0lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=986436b14cc75289
Chamber of Accounts has disseminated an information.

Large logistics center to be built in Azerbaijan

24.05.2016 09:20 GMT

W1siziisijiwmtyvmduvmjqvmdkvmjmvmdcvytkwmznlyjmtndmxms00nzq5lthhzwutmjeymwqzmtdizgy1lze0njqwmdm1mze2ndy3nze5otq1xzewmdb4njy5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=9893de41bcc51efa
The sides discussed prospects of cooperation at the meeting.

Azerbaijan interested in importing Russian-made farm machinery

23.05.2016 22:27 GMT

W1siziisijiwmtyvmduvmjmvmjmvmzivntyvmthlnda5ztqty2qyns00zdi5lwi1ndatmje0zji1ytbjntcyl2zhcm0gbwfjagluzxj5lmpwzwcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=1f4bfa75eea99993
"Azerbaijani partners demonstrate interest in agricultural machine-building, says director general of the Russian Exports Center.

Another gas well commissioned in Caspian Sea

23.05.2016 20:16 GMT

W1siziisijiwmtyvmduvmjmvmjavndmvmdevy2ixmmi0zjitnmy5zi00yji2lwjhmjutm2yzmgzkm2u5y2q0l3fhem1hlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=7d05e62cd356bc43
State Oil Company of Azerbaijan Republic is implementing a program for stabilizing and increasing the oil production.

Top Read Articles

In The Region

Editor Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook