Baku International Book Fair opens on September 28

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More from Economy

Baku to host International Caspian oil and gas conference

28.01.2010 18:49 GMT

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Caspian oil and gas trade and transport conference will be held in Baku on April 22-23.

Azerbaijan insurance sector premiums drop in 2009

28.01.2010 18:40 GMT

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The Ministry of Finance has published the summary data on overall insurance premiums received by Azerbaijan’s insurance companies for 2009.

Azerbaijan’s currency reserves cover 40 months’ non-oil import, minister

28.01.2010 18:34 GMT

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Ministry of Economic Development of Azerbaijan has reported of country’s external economic stability provided by conducted internal economic reforms.

Azerbaijan establishes rules of reporting by special economic area residents

28.01.2010 18:05 GMT

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Cabinet Ministers of Azerbaijan endorsed rules of reporting by special economic area residents.

Private sector share in GDP tops 85%

28.01.2010 17:56 GMT

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The share of private sector of Azerbaijan topped 85% of GDP by results of 2009.

Regular ferry line between Baku and Aktau ports launched

28.01.2010 17:50 GMT

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Azerbaijan and Kazakhstan agreed on regular ferry line between Baku and Aktau ports.

Azerbaijan's Nakhchivan autonomy raises power export to Turkey

28.01.2010 16:21 GMT

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In 2009 the Nakhchivan Autonomous Republic of Azerbaijan raised export of power in Turkey.

Azerbaijan’s GDP in oil and gas sector grows 14.3%

28.01.2010 16:12 GMT

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Azerbaijan’s GDP growth in oil and gas sector made 14.3% in 2009.

US willing to cooperate with Turkey in new energy projects in Azerbaijan

28.01.2010 15:34 GMT

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The United States urged Turkey to join efforts on energy projects in Azerbaijan and Iraq.

Azerbaijani president meets business leaders, officials in Davos

28.01.2010 14:15 GMT

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Ilham Aliyev held talks in Davos yesterday with representatives of energy giants Chevron, BP and RWE and with the Slovenian president.

Azerbaijan's State Oil Fund disburses over $15bn

27.01.2010 21:34 GMT

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Azerbaijan's State Oil Fund (SOFAZ) has published figures for its expenditure in its 10 years of existence.

New aluminum plant under construction in Azerbaijan

27.01.2010 21:19 GMT

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A new aluminum plant with a capacity of 110,000 tons is under construction in Ganja (Azerbaijan).

SOCAR becomes Georgia`s biggest taxpayer in 2009

27.01.2010 20:28 GMT

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SOCAR Georgia Petroleum paid taxes in the amount of $95 mln (over GEL 162 mln) to the state budget of Georgia in 2009.

Employers caught in over 9,000 breaches of Azerbaijan's labour law in 2009

27.01.2010 20:24 GMT

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Employers in Azerbaijan were found to have broken the labour code in 9,124 cases last year.

EU sees Azerbaijan as energy partner it can do business with

27.01.2010 19:28 GMT

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News.Az interviews Dr Jan Sir, an energy expert at Johns Hopkins University's Central Asia-Caucasus Institute.

Azerbaijan Railway Company signs agreement with World Bank

27.01.2010 18:44 GMT

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Azerbaijan Railway Company has signed agreement about the WB loan of $250 mln.

Gas supplies for Azerbaijan's commercial hothouses finally settled

27.01.2010 18:30 GMT

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A long-running dispute over the supply of gas to commercial greenhouses in Azerbaijan has finally been settled.

Baku city centre to get 11 new car parks

27.01.2010 18:28 GMT

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Car parking is a growing headache in the Azerbaijani capital, Baku.

Azerbaijan’s domestic trade tops $19bn in 2009

27.01.2010 18:27 GMT

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Azerbaijan posted domestic trade figures of $19.8bn in 2009, a 9.9% increase on 2008.

European Bank forecasts 6.5% inflation in Azerbaijan this year

27.01.2010 17:30 GMT

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The European Bank for Reconstruction and Development (EBRD) has published its forecast for inflation in Azerbaijan in 2010.

Prices on Azerbaijan's real estate market drop 26.1%

27.01.2010 14:58 GMT

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2009 was marked with crisis on Azerbaijan's real estate market as compared to previous years.

New vessels needed to clean Baku bay

27.01.2010 14:50 GMT

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The State Oil Company of Azerbaijan intends to apply new technique to implement environmental projects.

Azerbaijan to see decline in oil production after 2012, European Bank

27.01.2010 14:26 GMT

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Azerbaijan is expected to see oil output peak in 2012 and start to drop afterwards, said Anita Taci, a Senior Economist for the EBRD.

Greece to buy Azerbaijani gas

27.01.2010 14:19 GMT

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Greece intends to buy natural gas from Azerbaijan.

Azerbaijan, Latvia have great potential for cooperation in transit sector

27.01.2010 14:19 GMT

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Latvia and Azerbaijan have great potential for cooperation in the transit sector, Azerbaijan`s ambassador to Latvia Tofig Zulfugarov said.

European Bank to allocate $220m to Azerbaijani projects in 2010

26.01.2010 21:50 GMT

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The European Bank for Reconstruction and Development is planning to allocate $220m to 15 projects in Azerbaijan this year.

Azerbaijani oil sold for $56 per barrel on average in 2009

26.01.2010 21:34 GMT

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A barrel of Azerbaijani crude fetched an average of $56 last year.

Azerbaijan, South Korea to collaborate on nuclear research

26.01.2010 21:27 GMT

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Azerbaijan's Institute of Radiation Problems has signed a memorandum on cooperation with the Korean Atomic Energy Research Institute.

Georgia keen to build terminal for Azerbaijani compressed natural gas

26.01.2010 21:21 GMT

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Azerbaijan's announcement that it is to export compressed natural gas (CNG) to Europe sparks interest in Georgia.

Azerbaijan to examine plan of Baku's new trade port

26.01.2010 21:16 GMT

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Holland’s Royal Haskoning Group is ends work on the feasibility study of project of construction of new Baku Trade Port.

SOFAZ assets to reach $50 bn

26.01.2010 20:50 GMT

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The State Oil Fund of Azerbaijan (SOFAZ) predicts a significant growth in its assets, SOFAZ chief executive Shahmar Movsumov has said.

Azerbaijan to produce oil products by Euro-5 standards

26.01.2010 19:31 GMT

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SOCAR strictly controls the quality of oil products.

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