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

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More from Economy

Global interest in Azerbaijani economy increases - Swiss president

10.04.2017 16:53 GMT

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"I recognize the great efforts that Azerbaijan has undertaken towards democracy and economic prosperity during the last 25 years."

World Bank railway mission visits Azerbaijan

10.04.2017 16:48 GMT

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World Bank (WB) mission on railway transportation starts visit to Azerbaijan.

Osman Gunduz about VAT on foreign electronic services

10.04.2017 14:26 GMT

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"The Ministry of Taxes has recently shown too much activity."

SOCAR`s participation in Iran`s oil-gas projects discussed

10.04.2017 12:04 GMT

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President of the State Oil Company of Azerbaijan Rovnag Abdullayev has met Minister of Petroleum of Iran Bijan Namdar Zangeneh.

Shopping festival kicks off in Baku

10.04.2017 11:15 GMT

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The Baku Shopping Festival has kicked off in Azerbaijan’s capital for the first time.

SOCAR may take part in oil and gas projects in Iran

08.04.2017 17:54 GMT

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A delegation led by President of SOCAR Rovnaq Abdullayev met with Iran's oil minister Bijan Namdar Zanganeh.

72 per cent of Azerbaijani population use broadband internet

07.04.2017 20:13 GMT

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“72 percent of Azerbaijan's population are using broadband internet,” Minister of Communications and Information Technologies Ramin Guluzade has told the 3rd meeting of the Azerbaijani-Estonian Intergovernmental Commission in Baku, AzerTag reports.

USD rate for April 10 announced

07.04.2017 17:40 GMT

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

Central Bank of Azerbaijan to attract AZN 200M

07.04.2017 17:03 GMT

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The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on April 10, the CBA said.

New Boeing 747-8F liner brought to Azerbaijan

07.04.2017 16:49 GMT

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On Friday, April 7, an official ceremony of arrival of a new Boeing 747-8F aircraft, which belongs to the Azerbaijani cargo airline Silk Way Airlines, was held at Heydar Aliyev International Airport.

SOCAR transfers AZN 134M to state budget in Q1

07.04.2017 14:43 GMT

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The State Oil Company of Azerbaijan Republic (SOCAR) transferred AZN 133,985,000 to the state budget in March 2017, up AZN 24,737,000 or 22.6% from previous year.

Azerbaijan satisfied with increase of oil price to $66 - Fitch

07.04.2017 11:47 GMT

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Despite the oil price rise in recent months, the situation in oil producing countries still remains difficult, Fitch Rating reported.

EU implements 45 twinning projects in Azerbaijan

07.04.2017 11:12 GMT

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The European Union is pleased to have carried out 45 twinning projects in Azerbaijan so far, Head of the EU Delegation to Azerbaijan Malena Mard told reporters in Baku Apr. 7, APA reported.

Oil price exceeds $56 for the first time since March

07.04.2017 09:37 GMT

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Price of March futures for the North Sea petroleum mix of mark Brent crude increased by 1,5 % and made 56,05 USD per barrel.

AZPROMO signs MoU with Korea International Trade Association

07.04.2017 00:53 GMT

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Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has signed a Memorandum of Understanding with the Korea International Trade Association (KITA).

SOCAR starts selling LDPE at Russia’s SPB Exchange

06.04.2017 22:06 GMT

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SOCAR RUS, a subsidiary of Azerbaijan’s state oil company SOCAR, is starting the sales of low-density polyethylene (LDPE) at the Saint-Petersburg Exchange (SPB Exchange), said a message on the SPB Exchange website.

Rise in oil price positively affects manat rate – Energy Minister

06.04.2017 19:18 GMT

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"We must ponder more the stability of oil price than its increase.”

USD rate for tomorrow announced

06.04.2017 17:41 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 7.

Azerspace-1 starts broadcasting four more TV channels

06.04.2017 16:52 GMT

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Azerbaijan's telecommunication satellite Azerspace-1 has started broadcasting the programs of Georgian TV channels - Imedi TV, GDS TV, Pirveli TV and Marneuli TV.

SOCAR intends to increase gas import from Russia to 5 bcm

06.04.2017 15:23 GMT

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SOCAR intends to increase gas import from Gazprom to 5 billion cubic meters.

Azerbaijan’s economy to grow 1.2% next year - ADB

06.04.2017 11:41 GMT

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The Gross Domestic Product in Azerbaijan will decline 1.1% this year, Asian Development Bank said in its outlook for 2017.

Azerbaijan bans broadcasting of foreign-produced advertisements

06.04.2017 11:23 GMT

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Broadcasting of foreign-produced advertisements has been banned on TV channels, retranslated on cable network in Azerbaijan.

Azerbaijani currency rates for April 6

06.04.2017 11:20 GMT

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Official exchange rate of the US dollar and euro to Azerbaijani manat for Apr. 6 was set at 1.7140 manats and 1.8296 manats, respectively.

Azerbaijan to ink double taxation elimination deals with 5 more countries

05.04.2017 20:04 GMT

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Azerbaijan will sign agreements on elimination of double taxation with five more countries in the near future, Zaur Fetizade, head of Azerbaijani Taxes Ministry’s Department for International Cooperation and Tax Monitoring in Financial Institutions, said in his interview with the Vergiler (Taxes) newspaper.

Azerbaijan to attend “Communication and Content. Caucasus 2017” Forum

05.04.2017 19:36 GMT

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Representatives of Azerbaijan’s ICT sector will take part in the international forum "Communication and Content. Caucasus 2017” due in the Georgian city of Borjomi on May 16-20.

Natig Aliyev: SGC to serve millions of consumers

05.04.2017 19:29 GMT

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The Southern Gas Corridor will serve millions of consumers and meet the demand of Georgia, Turkey, Greece, Bulgaria, Albania, Italy and other countries, said Azerbaijan’s Energy Minister Natig Aliyev.

Banker: Manat found its balance and will continue to rise

05.04.2017 18:08 GMT

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Exchange rate of manat for today is stable, our national currency has found its balance.

SOCAR reduces oil transportation via BTC

05.04.2017 17:50 GMT

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Baku-Tbilisi-Ceyhan (BTC) pipeline transported 2,079,910 tonnes of Azerbaijani oil in March 2017, down 543,000 tonnes or 20.73% from previous year.

USD rate for tomorrow announced

05.04.2017 17:39 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 6.

Azerbaijan may cancel interest rate limit for insured deposits

05.04.2017 09:40 GMT

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Azerbaijan may cancel the uppermost limit of the interest rate for insured deposits of individuals, Azad Javadov, executive director of the Azerbaijan Deposit Insurance Fund (ADIF), told Trend.

Azerbaijan, Kazakhstan to develop int’l road transportation

04.04.2017 22:32 GMT

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Azerbaijan and Kazakhstan will create an authorization system for bilateral and transit road transportation, as well as transportation to/from a third country, the Kazakh Ministry of Investment and Development said in a message Apr. 4.

EnerMech nets £40m worth of Caspian deals in Azerbaijan

04.04.2017 21:20 GMT

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Engineering services firm EnerMech said that it had won £40million worth of contracts in the Caspian region, according to Energy Voice.

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