Ministry: Istanbul Ataturk Airport to operate as exhibition center

W1siziisijiwmtcvmdcvmjevmjevndgvmtgvyjiwntcym2ityjflys00nzfmltgzogutywe5zjqyzjy1nmm1l0f0yxr1cmtfqwlycg9ydf8wnjaymtmuanbnil0swyjwiiwidgh1bwiilcizntb4mjcwiyjdxq?sha=442de91ac8b4991a W1siziisijiwmtcvmdcvmjevmtkvmjavndevytc5nge5mdutotk1yi00ymy1ltk3ywetzwyxmty3mza1ymqxlze1mda2mjkxndu2nde1mji0nje1xzewmdb4njy5lmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=85ee3f2114982e0e W1siziisijiwmtcvmdcvmjevmtcvmdyvmjkvm2zhmthlyzitogvhos00nznilwe3mtgtndjinduzm2m0zwi4l0lnr18ymde3mdcymv8xmtu2ntugkdeplmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=a26b77cabba8ae27 W1siziisijiwmtcvmdcvmjavmtkvmtgvmjqvmwmwmdriotqtngu5mc00zgzklwfln2mtntcyztywzwe4nzq4lzzin2y5y2uxnju5mge1owrjztc1m2y4yjmznzcznzyylmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=06f66fd844d819b6 W1siziisijiwmtcvmdcvmjavmtqvnduvmjuvmjq3nmrlmzitzthkyi00ngy3lthjngmtzmi2nwe4m2q0mzrkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=89158ff9f9723393

More from Economy

Indian airline plans to fly to Azerbaijan, Uzbekistan, Kazakhstan, Iran

23.06.2017 19:51 GMT

W1siziisijiwmtcvmdyvmjmvmtkvntmvmtavmtgyzjq3odgtndi3mc00nzawlwe0m2mtn2y0mdlmm2q4yzbhl1bsyw5lx0vtynjhzxjfmtkwic5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=4d7a3028ce5ed422
Indian low cost carrier, GoAir, plans to launch direct flights to nine countries, including Azerbaijan, Uzbekistan, Kazakhstan, Iran, China, Vietnam, Maldives, Qatar and Saudi Arabia until the yearend, Indian media outlets reported June 24.

Azerbaijan to have five non-working days on Eid al-Fitr

23.06.2017 11:56 GMT

W1siziisijiwmtcvmdyvmjmvmtivmdavndmvy2ezmwuxzmytyzy4yi00ody0lthimdgtodazntgxmdm0njlhl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=200939f33116e2b8
Azerbaijan will have five non-working days on Eid al-Fitr.

Yearly budget transfers from advertising may rise 10-fold

23.06.2017 11:43 GMT

W1siziisijiwmtcvmdyvmjmvmtevndkvntcvmzzmnmrmmtatn2ezzs00mgi3ltg0yjgtzje5zwrlowe2ndfll2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c7f9eef3b4f459ce
On June 20, Azerbaijani president Ilham Aliyev issued a decree on establishment of State Advertising Agency.

OPEC, non-OPEC reach conformity level hits 106%

23.06.2017 09:44 GMT

W1siziisijiwmtcvmdyvmjmvmdkvnduvndcvyzdlmjlmowmtyme5yy00yte1lwjhnmitntgyytzlytrlmjq2l29pbc1vcgvjltetzte0ode1nzyzmju0njmuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=6ed98b0b36e528e6
The OPEC and participating non-OPEC producing countries recorded the highest conformity ever with their voluntary adjustments in production, achieving a level of 106 percent, AzerNews reports citing the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC).

Azerbaijan officially banned use and rent of foreign SIM cards

23.06.2017 09:40 GMT

W1siziisijiwmtcvmdyvmjmvmdkvndivmtcvmjk1y2i0yjatodq1yi00n2vmlweymzqtyzdlmgm1yzfkngqzl0nsaxbib2fyzdaxlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=23522eb268eca514
Azerbaijani President Ilham Aliyev has signed the amendments to the Law on Telecommunications, adopted by Milli Majlis on 16 May (Law #672-VQD).

SOCAR’s 2D survey on offshore block continues successfully

22.06.2017 20:16 GMT

W1siziisijiwmtcvmdyvmjivmjavmzmvmzmvmzm2zda5nzutnje3my00mzhlltgyytutmwe2n2vjzji2nzezl3nvy2fyx2xvz29fbmv3xziwmdkxnc5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=e3371a5b49f606f9
Azerbaijani state oil company SOCAR is successfully holding a 2D seismic survey at the Sangachal-Duvanni-Khara-Zira block of fields, SOCAR said in a message June 22.

Main directions of 2017 state budget revenues announced

22.06.2017 19:56 GMT

W1siziisijiwmtcvmdyvmjivmjavmdqvmduvnwy0ytdkowytyzbjoc00ytlhlwjjzmqtzjgynmzmntnhzwq4l2nintm0ndgxotazogjkyzuzotgwngfhndbjzge5mzbmlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=e1a65548811bac8b
Main directions of 2017 state budget revenues have been announced, APA reports.

USD rate for tomorrow announced

22.06.2017 17:38 GMT

W1siziisijiwmtcvmdyvmjivmtcvndivmdqvn2qzmdc0mjmty2yxzc00mjgwlwi2otqtnjfhmtfhndjim2yxl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b186fec338dcea1d
The Central Bank of Azerbaijan has announced USD/AZN rate for June 23.

Central bank reduces discount rate to 10%

22.06.2017 10:45 GMT

W1siziisijiwmtcvmdyvmjivmtavndyvmdmvmmi5yjixztetntlins00otvjltk4mzetyjflmzc1zdm4oguxl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b4a5b0ba148ce885
Management Board of the Central Bank of Azerbaijan (CBA) held the next meeting on June 21, CBA told APA-Economics.

ASAN Innovation Center and Mastercard sign memorandum

22.06.2017 00:30 GMT

W1siziisijiwmtcvmdyvmjivmdavmzevntevywq4zdriowitzdi2zc00mdjmlthhnmytntq4n2zmzjbknwrjlze0otgwmzayndqznzuymju1mdczxzewmdb4njy5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=d9d9edd0257174a4
Mastercard and leading public institution in Azerbaijan “Innovation Center” signed memorandum on financial literacy projects and contribution to the vision of “Cashless Azerbaijan”.

SOCAR drilling new well on Oil Rocks field

21.06.2017 21:46 GMT

W1siziisijiwmtcvmdyvmjevmjivmtkvndmvowy5yjqxztmtyziwms00mzhjltljowytnwewmwqymdezyzm4l29pbf9yawdfmdywnte1lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=65b7fb629bfae8c7
Azerbaijan’s state oil company SOCAR will additionally produce around 3,650 tons of oil and 365,000 cubic meters of gas annually through commissioning of a new well which is being drilled on the Oil Rocks offshore field, SOCAR said in a message June 21.

Discount rate may be reduced down to 12% - ABA

21.06.2017 15:02 GMT

W1siziisijiwmtcvmdyvmjevmtuvmdqvnduvotqzntrhyzatnzvlzs00mtnklwjmodatotq3nje4ntfinjqyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=70de075b7317b0a0
"Current monetary policy in the country is not unambiguous."

Astana to host Azerbaijani-Kazakh tourism forum

21.06.2017 00:28 GMT

W1siziisijiwmtcvmdyvmjevmdevndyvntkvnmu5mzy3ndktnzhjyi00nme5lwi1mmutmtaynjywmtniymfjlze0otc5ndkwodiyotmxmjiwntffmtawmhg2njkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=fa66d2de4c75e6d4
An Azerbaijani-Kazakh tourism forum will be held in Astana on June 28.

Azerbaijan Caspian Shipping overhauls large ferry

20.06.2017 20:41 GMT

W1siziisijiwmtcvmdyvmjavmjevmjqvntavodfjnwnjytktyjlkys00m2m5lwfjmjmtmtuwywuzyzaxytjhl3bhcm9tx2frywrlbwlrx3phcmlmyv9hbgl5zxzhxziwmdyxn18xlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=293dea17db68161c
Azerbaijan Caspian Shipping CJSC has completed the overhaul of the “Academician Zarifa Aliyeva” ferry at the Zykh ship repair plant, the company said in a message.

Azerbaijan establishes State Advertisement Agency

20.06.2017 19:13 GMT

W1siziisijiwmtcvmdyvmjavmtkvmtqvntgvotrjotnmytitzjvlns00yje2lwi1mzmtzdzhyjvjmdlkzgjklzdinwrjnze3zdu1zjrhnmviywi0y2ywzwu4odu0ztvhlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c76bc22267a4b2bc
Azerbaijani president Ilham Aliyev has issued an order on establishment of State Advertisement Agency.

USD rate for tomorrow announced

20.06.2017 17:32 GMT

W1siziisijiwmtcvmdyvmjavmtcvmzmvmzuvzdzlogy0mdctmda0ns00yte0ltgymjetmtk5odjhzti5ytfkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bc57bca0266b2e21
The Central Bank of Azerbaijan has announced USD/AZN rate for June 21.

Azerbaijan’s 2017 budget to be revised

20.06.2017 16:39 GMT

W1siziisijiwmtcvmdyvmjavmtyvntavmzgvyjcwnwzjmjktmdm0mc00yty1lweyndktmwy4owjhzmy3n2i2l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=6f604472d4eaf767
The state budget of Azerbaijan for 2017 will be revised.

SOCAR applies to Georgian government for increase of gas price

20.06.2017 16:31 GMT

W1siziisijiwmtcvmdyvmjavmtyvmzivmjqvmjq2n2niowmtnta3ny00zde4lwixmwetmgewogzkngrhmjjkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=a795e3667dd23d13
Natural gas price may rise 5 tetri in Georgia.

AZAL purchases four B787-Dreamliner aircrafts

20.06.2017 16:05 GMT

W1siziisijiwmtcvmdyvmjavmtyvmdkvmtgvodzkztvkmtktyjnlny00mdviltk2ytqtnwywymrjnjzkzjezl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=7090b8a96d97eb72
"The decision to order additional 787 Dreamliners represents significant growth opportunities for Azerbaijan Airlines."

Azerbaijan 48th in ITU Global Cybersecurity Index

20.06.2017 15:26 GMT

W1siziisijiwmtcvmdyvmjavmtuvmjgvntgvzjhjntnknzmtmtiwms00mgrllwe2ntatnzazmtg3mdvhzjzml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=1114ab544b8b5397
Azerbaijan stands 48th in the Global Cybersecurity Index (GCI) of the International Telecommunication Union (ITU) with 0.559 points.

USD rate declines at today's auction

20.06.2017 14:14 GMT

W1siziisijiwmtcvmdyvmjavmtqvmtyvndmvyzc3nwq0ndmtowniyy00zda4lwiwzgmtmwezmmqxotiwmtk4l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=8285726ed0afef06
A bilateral currency auction involving SOFAZ has been held at the Central Bank today.

Azerbaijan records explosive growth of gold production

20.06.2017 10:09 GMT

W1siziisijiwmtcvmdyvmjavmtavmtmvndyvm2nlnjdjyjutogrmns00ytlklwe1mdmtntjindu1mte4mmmyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=36f6d1912eabffb4
Over Jan-May 2017 production totaled 1,741.6 kg of gold (+1,369.3 kg in May) and 109.7 kg of silver (+40.6 kg in May).

International Bank of Azerbaijan changes plan on restructuring of obligations

20.06.2017 00:57 GMT

W1siziisijiwmtcvmdyvmjavmdevmdavndivn2vjzti3mdqtmzfmyi00yzvjlwi0oditowjhywezm2qwmznjl2zlyzu0mdjlnmuxzjrknwnlmgmzmdi2mwy2nzg0ztjmlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=f92301a3ccae9e93
The process of voting on the plan of voluntary restructuring of obligations of the International Bank of Azerbaijan to foreign creditors has begun, which will end on July 18, 2017, the Bank told APA-Economics.

EU seeks to extend Southern Gas Corridor to Central Asia

19.06.2017 23:20 GMT

W1siziisijiwmtcvmdyvmjavmdavmdivmtevytcwyzu1ndktotdmms00mjm0ltkzndqtmjnizgi2zddmm2zklzgwnzrim2u3mzvjndi5ywzmmza0yjjkzdg2mwqxnmuxlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ba85a61eb38461c9
EU will continue to seek to extend the Southern Gas Corridor to Central Asia, reads a document of the EU adopted on June 19, APA-Economics reports.

Azerbaijan, Iran, Georgia, Ukraine, Poland eye to create new logistics product

19.06.2017 21:32 GMT

W1siziisijiwmtcvmdyvmtkvmjivmzqvmjmvnwfjnwq2njetywflnc00nzzmltkyndmtyjy3mtbhotlkm2zll3ryzw5kx2rlbwlyew9vbgfyav9mb3j1c2hfmtkwnje3x18omskuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=a9dd13f234c80d7f
The purpose of the joint work on the South-West corridor, which comprises railways of Azerbaijan, Iran, Georgia, Ukraine and Poland, is to create a new attractive logistics product, head of Azerbaijan Railways CJSC Javid Gurbanov told a meeting with officials from the five countries’ railway authorities in Baku.

Azerbaijan: 200,000 tons of cargo to go via South-West corridor by year-end

19.06.2017 19:50 GMT

W1siziisijiwmtcvmdyvmtkvmjavmzavmdcvmdbhotllodetymniyi00zwjhlwi3ogmtmzqwownlmdq3mta5l3ryywlux3zpa2luz18xmjexmtmuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=0ea41761ec74168c
Participants of the South-West corridor are planning to transport up to 200,000 tons of cargo via the corridor until late 2017, Javid Gurbanov, head of Azerbaijan Railways CJSC, told Trend June 19.

AZAL opens direct flight to Bangkok

19.06.2017 11:43 GMT

W1siziisijiwmtcvmdyvmtkvmtevndqvmzuvzme2mgflyjatyjdjmc00m2uzlwe1njmtzjyzoge5mmqxowy4l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=58fd48d9194af18c
Flights from Baku to Bangkok will be operated on Tuesdays and Sundays.

Azerbaijan’s non-oil economy grows

18.06.2017 23:57 GMT

W1siziisijiwmtcvmdyvmtgvmjmvntgvntevmmniytvim2etzdk1my00mzewlwjkmzctyze3mmnmnmmwnjk5l2luzmxpyxrpb25fmdywnje3lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=e6576d2205ad800f
Azerbaijan’s GDP volume reached 25.34 billion manats in January-May 2017 that is by 0.9 percent less than in the same period of 2016, according to a report of the country’s State Statistics Committee.

About 75% of Azerbaijan’s tax revenues came from non-oil sector in Jan.-May

17.06.2017 09:28 GMT

W1siziisijiwmtcvmdyvmtcvmdkvmjkvmtgvmwmzngvlzwutzjuxmy00oteyltgwyjmtzjqzztg2zja0mju5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=4b20b49d628c307f
About 75% of Azerbaijan’s tax revenues came from non-oil sector in Jan.-May.

Azerbaijan, Georgia discuss tourism cooperation

16.06.2017 16:50 GMT

W1siziisijiwmtcvmdyvmtyvmtyvntmvndqvmje2mzmxzgutmzdjyi00ntcyltkyzjetngu2zjcwzgixnjexl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=13f9455f3f1d3a1b
The Georgian minister hailed tourism innovations in Azerbaijan.

3 mln allocated for capital repair of highway in Bilasuvar

15.06.2017 19:00 GMT

W1siziisijiwmtcvmdyvmtuvmtkvmdevndmvnmfinmexogytmgi1ms00odvklwe4oditzdg4ytflyjnknzg0lzy3mge5ymy3yjgyote5ytjlmzfimte1ywm4yjk4njq5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=39e32bf651949666
President Ilham Aliyev has signed an order on measures concerning the capital repair of the highway in Bilasuvar district between 1st and 11th settlements, where 18,000 IDPs from the Jabrayil district are settled.

Another 9 mln allocated for reconstruction of Jojug Marjanli

15.06.2017 18:58 GMT

W1siziisijiwmtcvmdyvmtuvmtgvntkvmjkvmzy4zdljmzqtytdmni00ntu3lwi4ogityjljywq4nddhmwuxlznmnmzhngzjyjiwmjkyymfioteymzvkymrlztu0mtjhlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=5e7d1b8b21ff0a6a
Azerbaijani President Ilham Aliyev has signed an order on the allocation of additional 9 million manats for the reconstruction of the Jojug Marjanli village of Jabrayil district, APA reported.

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