ADIF pays over AZN 732M in compensation to eleven closed banks’ customers

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More from Economy

Azerbaijan’s positive balance from foreign trade turnover exceeds $1bn

13.04.2017 17:30 GMT

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In January-March 2017 Azerbaijan’s foreign trade turnover amounted to AZN 4,119,079,750, up 15.31% compared to a year earlier.

Azerbaijan increases gas export 3.4 times

13.04.2017 17:22 GMT

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Share of natural gas in total export increased from 2.37% to 10.22%.

USD rate for tomorrow announced

13.04.2017 17:18 GMT

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

Russian Export Center to open trading house in Azerbaijan

13.04.2017 14:22 GMT

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The Russian Export Center plans to open a trading house in Azerbaijan in 2018.

Italy eyes to put more investments in Azerbaijan

13.04.2017 09:28 GMT

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Italy plans to make more investments in Azerbaijan, says Luigi D’Aprea, former director general of the ITA, a trade promotion section of the Italian Embassy in Baku.

Azerbaijan to expand sowing areas - deputy minister

12.04.2017 23:59 GMT

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Azerbaijan will expand sowing areas, the country’s Deputy Minister of Agriculture Seyfaddin Talibov told reporters in Baku Apr. 12.

Minister: UAE keen to boost trade exchange with Azerbaijan

12.04.2017 21:34 GMT

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The existing economic cooperation level between the United Arab Emirates (UAE) and Azerbaijan doesn’t reflect the true potential of the two countries, the Emirates News Agency quoted UAE Minister of Economy Sultan bin Saeed Al Mansouri as saying.

Azerbaijan to promote its ICT products at Belarus exhibition

12.04.2017 21:15 GMT

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Azerbaijan will promote its ICT products at an exhibition to be held in Belarus, said Deputy Minister of Transport, Communications and High Technologies Elmir Velizade, AzerTag reports.

Azerbaijan’s Agriculture Ministry starts talks with foreign donors

12.04.2017 21:04 GMT

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Azerbaijan’s Agriculture Ministry is starting negotiations with foreign donors to carry out the work envisaged in this sphere’s “road map”, the country’s Deputy Agriculture Minister Seyfaddin Talibov told reporters in Baku Apr. 12.

Baku Shopping Festival to attract more tourists to Azerbaijan

12.04.2017 20:04 GMT

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The Baku Shopping Festival will help to attract more tourists to Azerbaijan from neighboring countries, including Turkey, Hicran Ozbuk, general manager of Istanbul Shopping Festival (ISF) and general manager of the Istanbul Convention and Visitors Bureau (ICVB), told Trend Apr. 12.

FM: BTK will facilitate uninterrupted railway access between East and West

12.04.2017 19:42 GMT

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"Due to its strategic role of a natural bridge between Asia and Europe, Azerbaijan has always been an active participant and key enabler of regional and trans-regional connectivity initiatives. Today Azerbaijan has involved in implementation of three major projects to promote East-West and North-South corridors, so called geographical crossroad."

Azerbaijan looks to expand ICT use in business

12.04.2017 17:53 GMT

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"The development of this sphere is a priority for Azerbaijan, where modern technologies are used widely in all spheres."

USD rate for tomorrow announced

12.04.2017 17:43 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 13.

Azerbaijan has huge potential in sphere of renewables - EBRD

12.04.2017 16:20 GMT

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Azerbaijan has a huge potential in the sphere of renewables, said Aida Sitdikova, EBRD director for energy in Russia, Caucasus and Central Asia.

EIA revises forecast for oil production in Azerbaijan

12.04.2017 14:53 GMT

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In its previous outlook published in March, EIA expected 2017 oil production in Azerbaijan to reach 0.8 million barrels per day.

Azerbaijan gives investment promotion certificate to 121 projects

12.04.2017 11:58 GMT

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Certain works have been done for economic diversification and expansion of non-oil sector.

Gold price rises about $4

12.04.2017 10:35 GMT

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The U.S. Dow Jones stock index descended 1.20% to 20,651.30 points, S&P 500 decreased by 0.14% to 2,353.78 points and NASDAQ slid by 0.24% to 5,886.77 points.

Baku hosts 4th Caspian Energy Forum 2017

12.04.2017 10:08 GMT

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Today, Baku is hosting the 4th International Caspian Energy Forum 2017.

Azerbaijan, Poland discuss cooperation

11.04.2017 23:31 GMT

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Foreign Minister Elmar Mammadyarov met with Marek Gróbarczyk, Minister of Maritime Economy and Inland Navigation and Andrzej Adamczyk, Minister of Infrastructure and Construction of Poland.

Turkey creating e-platform for trade with Azerbaijani, Georgian SMEs

11.04.2017 21:48 GMT

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Azerbaijani, Turkish and Georgian entrepreneurs, involved in small and medium businesses, will in May get a single electronic shopping platform, the Daily Sabah newspaper reported citing World Business Platform Foundation (WSF) CEO Tunc Uyanik.

CIS customs chiefs to gather in Baku

11.04.2017 20:49 GMT

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The next meeting of the Council of Heads of Customs Services of member countries of the Commonwealth of Independent States will be held in Baku, AzerTag reports.

Azerbaijan to fully meet Georgia’s demand for gas

11.04.2017 19:06 GMT

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Georgia stops gas purchase from Gazprom.

USD rate for tomorrow announced

11.04.2017 17:28 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 12.

Azerbaijan sees over 3 times decline in USD transactions

11.04.2017 14:05 GMT

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The volume of the foreign currency operations declined 3.18 times in February 2017.

Opening ceremony of Baku Shopping Festival held at Heydar Aliyev Palace

11.04.2017 11:58 GMT

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The opening ceremony of Baku Shopping Festival took place at the Heydar Aliyev Palace in Baku.

Ministry of Taxes fulfils Q1 budget tasks by 103%

11.04.2017 11:41 GMT

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In January-March 2017 the Ministry of Taxes transferred AZN 1,420,746, APA-Economics reports citing to Ministry.

Azerbaijani currency rates for April 11

11.04.2017 11:27 GMT

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Dollar rate continues to drop in Azerbaijan.

Estonia, Azerbaijan may exchange banking experience

11.04.2017 09:03 GMT

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Estonia and Azerbaijan may exchange experience in the banking sphere, Mihhail Korb, the minister of public administration of Estonia, said in an exclusive interview with Trend.

Russian Nordavia Airlines to launch St. Petersburg - Lankaran flights

11.04.2017 00:40 GMT

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Russian Nordavia Airlines has revealed plans to launch direct flights from St. Petersburg to the Azerbaijani district of Lankaran.

BP selects contractor for offshore works in Azerbaijan

10.04.2017 22:04 GMT

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Amec Foster Wheeler, a London-based multinational consultancy, engineering and project management company, has been awarded a global framework contract by BP International.

USD rate for tomorrow announced

10.04.2017 17:53 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 11.

Baku Shopping Festival releases its events calendar

10.04.2017 17:05 GMT

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Entertainment events as part of the Baku Shopping Festival in the Azerbaijani capital will start today.

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