Azerbaijan’s economic, investment prospects presented in Australia

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More from Economy

EBRD pushes on with Azerbaijan gas loan after transparency rift

04.05.2017 14:29 GMT

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The development bank is “progressing” its financing to the $40 billion pipeline project with a final board decision expected by the end of the year.

Ali Hasanov: Poverty level among IDPs falls to 12 percent

04.05.2017 12:38 GMT

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"The last of the 16 Finnish-type settlements were demolished in 2016."

Azerbaijani-Indonesian business forum held in Guba

03.05.2017 23:10 GMT

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Azerbaijan and Indonesia have discussed expansion of trade and economic relations during a business forum in Guba district.

Federal Reserve keeps interest rate unchanged

03.05.2017 22:13 GMT

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The U.S. Federal Reserve kept interest rates unchanged on Wednesday but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, in a sign it could tighten monetary policy as early as June, APA reports quoting Reuters.

Baku in top 5 of cities popular among Russian tourists

03.05.2017 19:25 GMT

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The Azerbaijani capital of Baku has once again entered the list of the most popular cities among Russian tourists.

Tourist flow to Azerbaijan up 25%

03.05.2017 17:34 GMT

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Tourist flow to Azerbaijan during the last three months increased by 25 percent compared to the same period last year, the country’s culture and tourism minister, Abulfas Garayev, said.

CB currency reserves rise

03.05.2017 12:07 GMT

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The Central Bank of Azerbaijan has seen rise in its currency reserves.

Baku to host WorldFood Azerbaijan 2017 and Ipack Caspian 2017 exhibitions

03.05.2017 09:09 GMT

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Over the years, the WorldFood Azerbaijan exhibition has established itself as a leading event in the Caspian region’s food industry.

Oil dips as U.S., Libya output gains outweigh OPEC, Russia cuts

03.05.2017 00:07 GMT

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Oil prices dipped on Tuesday as higher output in the United States, Canada and Libya outweighed lower production by Russia and major OPEC exporters ahead of the release of U.S. data expected to show a fourth consecutive decline in crude stocks, Reuters reported.

Bulgarian VP to visit Azerbaijan

02.05.2017 21:07 GMT

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Bulgarian Vice-President Iliana Iotova will participate in the 4th World Forum on Intercultural Dialogue on "Advancing Intercultural Dialogue – New avenues for human security, peace and sustainable development", to be held in Baku on May 4-6, the Azerbaijani Ministry of Culture and Tourism said May 2.

SOCAR building new platform at offshore field

02.05.2017 19:24 GMT

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Azerbaijan’s state oil company SOCAR has started building a new fixed platform at the Darwin Bank offshore field, SOCAR said in a message May 2.

Amendments to Tax Code enter into force

02.05.2017 19:07 GMT

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President of Azerbaijan Ilham Aliyev has signed the law on amendments to Tax Code.

Azerbaijani finance minister due in Japan for ADB annual meeting

02.05.2017 19:00 GMT

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Azerbaijani Finance Minister Samir Sharifov will travel to Yokohama, Japan on May 4 to participate in the Annual Meeting of the Asian Development Bank (ADB) Board of Governors, the Azerbaijani government told Trend May 2.

USD rate for tomorrow announced

02.05.2017 17:37 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for May 3.

SOCAR increases oil transportation via BTC

02.05.2017 17:03 GMT

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Baku-Tbilisi-Ceyhan (BTC) pipeline transported 2,242,574 tonnes of Azerbaijani oil in April 2017, down 10.38% from previous year.

Azerbaijani parliament ratifies new gas contract

02.05.2017 15:59 GMT

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The contract was signed between Azerbaijan’s state oil company SOCAR and SOCAR Umid Oil and Gas Ltd.

Azerbaijan among countries with lowest youth unemployment rate, says minister

02.05.2017 15:26 GMT

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Azerbaijan is among countries with the lowest youth unemployment rate, said Minister of Labor and Social Protection of Population Salim Muslumov.

Azerbaijani President approves amendments aimed at increasing retirement age

02.05.2017 14:30 GMT

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On May 2, Azerbaijani President Ilham Aliyev approved amendments to the law "On Labor Pensions".

New department established in Ministry of Taxes

02.05.2017 12:50 GMT

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The Branch on Special Affairs of the Ministry of Taxes has been eliminated.

Construction of TAP remains on schedule - consortium

02.05.2017 11:43 GMT

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TAP is doing everything in its power to take best care of and protect the olive trees from Xylella, for future replanting.

Central Bank keeps discount rate unchanged

02.05.2017 11:12 GMT

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Management Board of the Central Bank of Azerbaijan has held the next meeting yesterday.

Baku to host conference on cyber security in banking market

02.05.2017 10:28 GMT

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In May 2017, Baku will host a conference on cyber security in the banking and financial markets, the Azerbaijan Banks Association (ABA) said May 1.

Russian Nordwind Airlines plans to open direct flights to Lankaran

02.05.2017 10:26 GMT

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Russian Nordwind Airlines has revealed plans to launch direct flights from Moscow and St. Petersburg to the Azerbaijani city of Lankaran.

Baku to host conference on cyber security in banking market

01.05.2017 22:55 GMT

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In May 2017, Baku will host a conference on cyber security in the banking and financial markets, the Azerbaijan Banks Association (ABA) said May 1.

SOCAR announces volume and prices of exported oil products

01.05.2017 20:23 GMT

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In April 2017, Marketing and Economic Operations Department under the State Oil Company of Azerbaijan exported 47,090 tonnes of diesel fuel, 3,926 tonnes of aviation fuel, 117 tonnes of furnace oil, 4,710 tonnes of liquid pyrolysis resin, 8,314 tonnes of high-pressure polyethylene, 2,908 tonnes of propylene and 1,405 tonnes of butylene-butadiene fraction.  

Azerbaijan, Indonesia to mull expansion of trade ties

01.05.2017 19:18 GMT

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Azerbaijan and Indonesia will discuss expansion of trade and economic relations during a business forum, to be held in Azerbaijan’s Guba May 3, the Indonesian Embassy in Baku told Trend.

Azerbaijani President issues order on execution of SOFAZ 2016 budget

01.05.2017 19:11 GMT

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Azerbaijani President has issued an order on execution of SOFAZ budget for 2016.

USD rate for tomorrow announced

01.05.2017 17:35 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for May 2.

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

01.05.2017 12:35 GMT

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The Fund totally paid over AZN 132,275,000 to 4 banks’ customers.

Assets of Azerbaijani Armed Forces Relief Fund exceed AZN 81M

01.05.2017 11:32 GMT

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The assets of Azerbaijani Armed Forces Relief Fund have exceeded AZN 81M.

Imports to Azerbaijan fall to $490m

01.05.2017 09:30 GMT

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“Imports to Azerbaijan have been reduced to $490,000,000,” said chief of the Central Department for Financial, Tariff and Currency Control of the State Customs Committee Mirgasim Vahabov.

Georgia on purchase of Azerbaijani gas in 2017

29.04.2017 23:26 GMT

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Georgia won’t increase the purchase of Azerbaijani gas in 2017, despite the refusal to purchase Russian gas, Georgia’s Deputy Minister of Energy and Natural Resources Mariam Valishvili told Trend.

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