166 more state objects to be offered for privatization in Azerbaijan

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More from Economy

Azerbaijan in top 5 countries with the easiest visa procedure

14.08.2017 09:03 GMT

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Until recently, Azerbaijan was a stalwart on our 'Hardest Visa To Get' list.

Azerbaijani president allocates AZN 23.3M for restoration of Gakh-Zagatala highway

12.08.2017 22:45 GMT

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Azerbaijani president Ilham Aliyev has signed an order on additional measures for restoration of Gakh-Zagatala part of R-16 Goraghan-Gakh-Zagatala highway.

Azerbaijan reduces excise tax on imports of kerosene to minimum

12.08.2017 12:03 GMT

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The excise tax of 1 AZN per ton will be levied for import of kerosene into Azerbaijan.

WB: Azerbaijan's economy may grow 1% in 2018

12.08.2017 09:50 GMT

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The World Bank (WB) forecasts 0.5-1 per cent growth of Azerbaijan's economy in 2018, head of the WB Baku office Naveed Hassan Naqvi said in an exclusive interview with Trend.

SOCAR commissions onshore wells at Azerbaijan's Saadan field

11.08.2017 21:12 GMT

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Azerbaijan’s state oil company SOCAR will additionally produce 2,900-3,650 tons of oil annually as it has commissioned two new wells at the country’s Saadan onshore field, SOCAR said in a message Aug. 11.

Azerbaijani president allocates AZN 24.6M for repair of Zagatala-Balaken-Mazimchay highway

11.08.2017 19:05 GMT

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Azerbaijani President Ilham Aliyev has signed an order on measures on repair of Zagatala-Balaken-Mazimchay part of M-5 Yevlakh-Zagatala-Georgian border motor road, according to APA.

Azerbaijan becomes best destination for traveling in September

11.08.2017 18:00 GMT

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Azerbaijan has become the best destination for traveling for foreigners in September.

USD rate for August 14 announced

11.08.2017 17:53 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 14.

Astana to host Eurasian Week International Forum

10.08.2017 20:54 GMT

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Astana will host Eurasian Week International Forum. The Azerbaijani businessmen were invited to participate in the Forum, AzerTag reports.

Buta Airways planes to fly between Baku and Kazan from 1 September

10.08.2017 20:51 GMT

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Starting from 1 September 2017 Azerbaijan Airlines (AZAL) flight Baku-Kazan-Baku will be carried out by Buta Airways, the newly-established low-cost airline of AZAL.

Azerbaijani president approves State Program on development of tobacco growing

10.08.2017 19:19 GMT

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President of Azerbaijan Ilham Aliyev has issued an order on approval of State Program on development of tobacco growing in Azerbaijan in 2017-2021.

Azerbaijan negotiates new railway route through its territory

10.08.2017 14:13 GMT

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Azerbaijan is negotiating a new railway route through its territory.

"Sahil" metro station closed for major overhaul

10.08.2017 11:00 GMT

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"Sahil" station will be closed on August 20 and the trains will move to "Icheri Sheher" station without stopping at "Sahil" station.

Fruit and vegetable prices in Russia may drop 15% in coming months

10.08.2017 00:07 GMT

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Fruit and vegetable prices may potentially decline by 15% in coming months, the Russian Ministry of Economic Development said on Wednesday, TASS reported.

Azerbaijan takes measures against potentially dangerous actions of local cheese producers

09.08.2017 21:54 GMT

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Azerbaijan has taken measures against potentially dangerous actions of producers of local cheese, Fineko/abc.az reports.

SPE Annual Caspian Technical Conference and Exhibition to be held in Baku

09.08.2017 21:09 GMT

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SPE’s 4th annual Caspian Technical Conference and Exhibition will return to Baku, Azerbaijan 1-3 November 2017.

Third of TAP's Greece and Albania routes cleared

09.08.2017 20:04 GMT

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More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said.

USD rate for tomorrow announced

09.08.2017 17:20 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 10.

SOCAR commissions new well in Caspian Sea

09.08.2017 16:27 GMT

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Thirteen tons of oil is extracted per day within the range of 1,749-1,745 meters.

USD rate for tomorrow announced

08.08.2017 17:34 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 9.

Azerbaijan declares 4 days off for Eid al-Adha

08.08.2017 11:17 GMT

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Under the decision of the Cabinet of Ministers, the Eid al-Adha will be celebrated on the 1st and 2nd of September in Azerbaijan, APA reported.

Turkmen President to discuss natural gas transportation in Baku

08.08.2017 09:27 GMT

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Today, Turkmen President Gurbanguly Berdimuhamedov starts the official two-day visit to Azerbaijan, APA-Economics reports.

Heydar Aliyev International Airport served over 2 million passengers for Jan-Aug 2017

07.08.2017 21:47 GMT

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Over Jan-Aug 2017 the Heydar Aliyev International Airport served about 2.2 million passengers, which is 30% more than for the previous years.

Oil eases as rising output weighs, but still near nine-week highs

07.08.2017 14:00 GMT

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Global benchmark Brent crude futures were down 18 cents, or 0.34 percent, at $52.24 a barrel at 0655 GMT.

Funding approved for construction of road in Zagatala

05.08.2017 23:19 GMT

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Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of a road in Zagatala, Trend reports.

Ilham Aliyev: Azerbaijan a reliable gas supplier for the world, Europe, neighbor countries

05.08.2017 14:56 GMT

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Azerbaijan has become a reliable country that is supplying gas to the world, Europe and its neighbors, President Ilham Aliyev told a republican conference on the development of sericulture, tobacco and hazelnut production in Gakh district.

Fitch Affirms Azerbaijan at 'BB+'

05.08.2017 14:48 GMT

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Fitch Ratings has affirmed Azerbaijan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB+' with Negative Outlooks, the agency reported.

Fitch predicts growth in Azerbaijan's economy

05.08.2017 12:28 GMT

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Azerbaijan’s real GDP growth is forecast to rise to 4.3 percent in 2019, Fitch Ratings says.

Customs revenues of Azerbaijani state budget up by almost 20%

05.08.2017 11:52 GMT

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The Committee transferred 256.6 million manats to the budget in July 2017.

International Bank of Azerbaijan searches auditor

05.08.2017 11:41 GMT

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The International Bank of Azerbaijan has announced open tender.

Repair of only aboveground metro station in Baku begins

05.08.2017 10:46 GMT

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The Baku Metro Company begins reconstruction of the only above-ground station, abc.az reports.

Azerbaijan fulfills its obligations with OPEC – Energy Ministry

04.08.2017 21:55 GMT

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Azerbaijan has provided the Joint Technical Committee of the OPEC Monitoring Committee with the data on the daily oil production in July, as a part of the Vienna agreement on oil production reductions, the Azerbaijani Energy Ministry told Trend.

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