Azerbaijan’s economic, investment prospects presented in Australia

W1siziisijiwmtcvmduvmjyvmjmvmzuvmduvnmu2zgjhn2ytzmzhzi00mtg0ltkxotctm2rhntg3ogm1y2zhl2f2c3ryywxpyv9wcmvzzw50yxrpb25fmjywnte3xzaxlmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=a2f98151fc96e80f W1siziisijiwmtcvmduvmjyvmjavndyvmzavyjfjmznlm2itzmvlzs00ytm2ltkznjatmja1ntqyndrjnjvil2nvbxb1dgvyxza0mduxns5qcgcixsxbinailcj0ahvtyiisijm1mhgynzajil1d?sha=ec51e6e33655ad34 W1siziisijiwmtcvmduvmjyvmjavndavmzuvnmmxnddhmzytn2i1zs00ogy4lwfkzdatodywndi3oti3ytgxl3vubmftzwqucg5nil0swyjwiiwidgh1bwiilcizntb4mjcwiyjdxq?sha=620a9a1671a269a5 W1siziisijiwmtcvmduvmjyvmtgvntcvmdyvyzgzmdy1nmityteymi00zdeylwe3m2qtzwi3zthizdexodk0l2m5nzu3ytkzntgzndllntm3mdawmdlim2fimdkwotfklmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=2ba0b11beb5120ce W1siziisijiwmtcvmduvmjyvmdkvnduvmtuvotnlmdixzgytmtgwni00nwvllwe4odktzti0mgi1yzazmzljl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=3d0b27462e4df669

More from Economy

1,600 mortgage loan granted in amount of AZN 67 million over six months

02.12.2009 19:47 GMT

W1siziisijiwmtuvmtavmtgvmdmvntmvmdivnzi3ztqzowqtzte3oc00mzvmltlkmzytzgjjzthmzmm1ntlllzq2nzkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=f8aa5bfb3ffa8ed1
1,600 families purchased apartments, bought by means of mortgage, during six months from the date of renewal of mortgage lending in the country.

This year’s net profit of Azerbaijani banks exceeded the 2008 index

02.12.2009 19:44 GMT

W1siziisijiwmtuvmtavmtgvmdmvntmvmdevztk1ody2njitowvjmi00otexlwjjmjatyty0nwuxymmyotuzlzq2nzguanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=06cf154b714f3831
Central Bank of Azerbaijan has reported of domestic banks’ overall net profit on the level of $327.366.

Gold prices posted new record

02.12.2009 18:02 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivndqvzwvkmgrkndytm2y4os00mgizlwexztgtnmzhzwvkogu1mddklzq2njeuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=80b4e70e08d05572
Prices on February futures for gold following trading at COMEX (a division of New York Mercantile Exchange)grew by $17.9 up to $1,200.2 per ounce.

Population incomes increase in Azerbaijan

02.12.2009 17:56 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivndivy2u2mtkwmjatnju5mc00ndm2lwjlnjgtnzrhymqyyjq5ntg4lzq2ntkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=618f41d4f26b0627
Incomes of the Azerbaijani population made 18 bn AZN within 10 months of this year which is a 7.8% growth over the same period of this year.

Balance of Central Bank’s centralized credits reduced

02.12.2009 17:15 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivmzgvztdhmdi2y2qtoti1ns00njuylwjjzdctndnmmzcwmdk5nda0lzq2ntuuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=3ebea0677f5f03e8
This November the Central Bank of Azerbaijan (CBA) reduced the balance on centralized crediting against the level of October.

Azerbaijan’s corporate bonds turnover increased by 90% this year

02.12.2009 17:07 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivmzcvmmvjmdeznzctota1yi00mwewlwizzjqtyzm2nda0mzzknjrhlzq2ntquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=7f171581d2fe3cad
For Jan-Oct 2009 Azerbaijani market of corporate bonds grew by 90% compared with last year’s same term.

Balance capital of Azerbaijani banks reached $2.5 bn

02.12.2009 16:47 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivmzqvzjk4oti0ndetntuync00zjqzltg5nzutzme0ngjiymexmdk3lzq2nteuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=df9189cb88a2331d
CBA has announced that from 31st December 2008 to 1st November 2009 country’s bank system capital increased from $2.128 bn up to $2.474 bn.

Azerbaijan's banking assets reach $13.7bn record

02.12.2009 16:17 GMT

W1siziisijiwmtuvmtavmtgvmdmvntivmzmvnzjmztfiodytytcwzc00ztcyltg0ytctztjlnza2yjm1yznhlzq2ntauanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=a0e0db7a7f15ec71
Azerbaijani banks had record assets of $13.72bn as of 1 November, an increase of $935m since 31 December 2008, the Central Bank reports.

Six new plants to be built in Azerbaijan

02.12.2009 13:40 GMT

W1siziisijiwmtuvmtavmtgvmdmvntevmtyvnmfindg5n2utmwfkmc00m2i3ltg0yjytztbiodg0njmzmjy5lzq1odeuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=c0541f826e4f794c

Shipping volume increased by 14,6 percent

01.12.2009 19:29 GMT

W1siziisijiwmtuvmtavmtgvmdmvntavmjavztljmwnmotytnjayzs00ztq2ltlkotetnjg5ytfmmzi1ymvjlzq1mjuuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=dc0783cfcf699ce3
Shipping volume in January-October 2009 has increased by 14,6 percent and reached 11,1 million tons, the State Stats Committee said.

Azerbaijan predicts growth in cargo transportation

01.12.2009 19:26 GMT

W1siziisijiwmtuvmtavmtgvmdmvntavmtkvotjkn2m2mgutodqymc00ytk4lwjkytitywvhzjrmztyxytfllzq1mjquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=ddf85c01aa3b344c
Azerbaijan predicts 28% growth in cargo transportations for 2014 up to 249.3 mln tons, as compared to the expected indicator for 2009.

Turkey offered lowest tariff for Azerbaijani gas transit through its territory

01.12.2009 18:32 GMT

W1siziisijiwmtuvmtavmtgvmdmvntavmdyvnwi1ntq0ntmtm2jhos00ntm2lwixmjutmwuxztnhndc1ymfllzq1mtiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=2c8574225382632d
Turkey suggests raising the tariff for Azeri gas transportation through its territory.

Ridership exceeds 150 million through TRACECA corridor

01.12.2009 17:54 GMT

W1siziisijiwmtuvmtavmtgvmdmvntavmduvmjbmowi0mzutzjk0my00ztywlwfhmjmtntk1ywuymti4odbllzq1mteuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=172eb934f532e4e2

Baku Stock Exchange’s turnover exceeded $3.955 bn

01.12.2009 17:34 GMT

W1siziisijiwmtuvmtavmtgvmdmvndkvntgvnwjmntvlntytmjq1zi00mju3lthinwmtztfmnzmwn2izngnilzq1mdquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=881788bef7dfe84c
The BSE reports that for Jan–Nov of the year overall turnover on all instruments AZN 3.17 bn that is by 62.1% (AZN 8.379 bn) less versus the 2008 same term indicator.

Net international reserves of Azerbaijani banks rose by 9%

01.12.2009 15:24 GMT

W1siziisijiwmtuvmtavmtgvmdmvndkvndqvmzjlyjjmotmtm2q0zc00mdfmltlin2etytk1odu5njawyjm1lzq0otiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=41df160c8a1bdca7
This October Azerbaijani banks’ net international reserves (NIR) grew by 8.99% versus drop of 3.71% in September.

Center of Intellectual Property to be established in Azerbaijan

01.12.2009 14:08 GMT

W1siziisijiwmtuvmtavmtgvmdmvndkvmzqvztqwnze4otmtndy3mc00odjlltg1ztatztfmmmqwmgfmyzk0lzq0odiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=741af134b9fbff35
The Azerbaijan Agency on authors’ rights protection has prepared a bill "On ensuring legal protection of intellectual property and combat against piracy".

SOCAR seeks dominating position on Turkey’s gas market

30.11.2009 14:16 GMT

W1siziisijiwmtuvmtavmtgvmdmvndgvndevntezmzflzwitmju3oc00ndhjlwi4ztatzjy2yzrizjbintg5lzq0mziuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=25d1653764a17fcf
The State Oil Company of Azerbaijan intends to take dominating position on the gas market of Turkey.

Azerbaijan to supply electric power to Europe

26.11.2009 21:51 GMT

W1siziisijiwmtuvmtavmtgvmdmvndcvmzavogziyza5yzgtmwu4yy00mjcxlthkngitytewzgq2ztexogrmlzqznzkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=97ebd6ac41da0e88
After 2015 Azerbaijan will be able to supply produced electric power to Europe by Georgia-Turkey energy line.

State Oil Company increased overall oil production by 2.6%

26.11.2009 20:22 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvndqvy2rkzjhhogetntvkyi00zte5ltg3ntqtndjjnjq0yjeynzc5lzqzmzkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=fc648e9805f3e1cd
This October the SOCAR increased overall oil production by 2.6% as compared to September of the year, with increase of its own production by 3.4% by the SOCAR oil and gas producing divisions (NGDUs).

SOCAR increases gas export volume third month in succession

26.11.2009 20:17 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvndcvyzfmownkmmytywiwoc00mjuwlwi3nditntyzoweyngflntm1lzqzndiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=f6028cdf832a3e3c
In October, the State Oil Company of Azerbaijan (SOCAR) increased volumes of gas export from the country by 32.48% as compared to September when export rose by 16.84% compared to August.

Tony Blair to visit Baku

26.11.2009 18:38 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvmjkvmgi2zjyzmtytmjzjnc00zjfkltliywqtoti0mmexotc0ymu2lzqzmjuuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=d8945d9216c67d76
Britain's former prime minister, Tony Blair, will visit Baku on 1 December, according to sources in the Azerbaijan methanol company AzMeCo.

Azerbaijani parliament ratifies 2010 subsistence minimum

26.11.2009 18:10 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvmjmvmjuzodk5zmutzdjkms00mtk2lthjzjqtmte1mwjiothhnjm1lzqzmjauanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=b91addb9843609e3
Azerbaijan's parliament, the Milli Majlis, adopted the bill "On the minimum subsistence level for 2010" at its plenary session on Thursday.

Share market turnover dropped by 4% in Azerbaijan

26.11.2009 18:01 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvmjavy2iwnjkwn2uty2jhny00ntfkltkwzmqtmdk2zmq5n2u2mdu3lzqzmtcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=c032b7d50237e52f
For Jan-Oct of the year turnover of deals with shares in Azerbaijan reached $336 million in accord with exchange rate of AZN 0.8032 to the US dollar as of 1st November 2009.

Azerbaijan's state budget for 2010 adopted

26.11.2009 17:03 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvmtevndc5mthknjutzgfhoc00nziwlwe5zdktmwu1otrinmu2ywzllzqzmdkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=7fb62622ded26442
Azerbaijan's parliament, the Milli Majlis, today passed the state budget for 2010 with 101 votes in favour and eight against.

Israel interested in investing in Azerbaijani agriculture

26.11.2009 16:13 GMT

W1siziisijiwmtuvmtavmtgvmdmvndyvmdyvnmywyjllztgtnzmwys00odewlwe5ymitmjg0owyyzgnkzdq5lzqzmdquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=d827303d984928b0
Israel's ambassador to Azerbaijan, Michael Lavon-Lotem, has visited the south of the country.

Azerbaijan predicts growth in alcohol and tobacco production

25.11.2009 21:27 GMT

W1siziisijiwmtuvmtavmtgvmdmvnduvmdmvytqyntuxzwqtzgzlyi00odrkltg2zdktywzlzgy3nmrknwzhlzqyntquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=ed3360f7f52de920
Azerbaijani government predicts growth in production of alcohol drinks and tobacco wares by 2014, sources in the government told.

Oil Fund assets topped $14.2 bn by this November

25.11.2009 18:25 GMT

W1siziisijiwmtuvmtavmtgvmdmvndqvmzevndc4nwq4yjetmjg2my00ngfmlwfjzgetmgrinzllzmjjodcxlzqymjquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=03ef26441d9878ac
This October assets of the State Oil Fund of Azerbaijan (SOFAZ) grew by over $900 million.

Home trade turnover topped $11.8 bn in Azerbaijan

25.11.2009 17:53 GMT

W1siziisijiwmtuvmtavmtgvmdmvndqvmjmvmwq2mwfmntmtnzq1zc00odk3lwi2ntctymq5nda3zgvjywjjlzqymtcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=cdc16929078cf532
For Jan-Oct of the year domestic trade turnover in Azerbaijan reached $11.814 bn at the rate by early November that makes up 87.1% of the 2008 trade turnover (AZN 10.9 bn or $13.608 bn).

Azerbaijan increased internal state debt

25.11.2009 14:54 GMT

W1siziisijiwmtuvmtavmtgvmdmvndmvmzcvm2vhm2ywm2itnzvhzs00odu0ltg5ztctyjhlywq2ngnjmdcylzqxnzyuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=e1dbbef626da3eea
President Ilham Aliyev has endorsed the amendments to the Law on State Budget 2009.

Azerbaijan's minimum consumer basket is $170 per month - NGO

25.11.2009 14:44 GMT

W1siziisijiwmtuvmtavmtgvmdmvndmvndavzju3n2izzgitodbkoc00yznmlwi0otctm2vkmdrkmwmxmjfklzqxnzkuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=a66f10546b3e76c5
The non-governmental Centre for Economic Research has used an alternative methodology to calculate the minimum subsistence expenditure in Azerbaijan.

Target on associated gas delivery to SOCAR doubled

25.11.2009 14:08 GMT

W1siziisijiwmtuvmtavmtgvmdmvndmvmjgvmtnizdm0yzetmjllos00mmnllweyzmityzk0ytuwmtrhmje4lzqxnjcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=f7eb678494692eda
BP Azerbaijan informs that since early 2009 SOCAR was delivered about 392 million cubic feet (11.1 million cu m) of ACG associated gas per day.

Azerbaijan registered disinflation of 3.58% this year

24.11.2009 21:20 GMT

W1siziisijiwmtuvmtavmtgvmdmvndivmtivndy1zdhlmgutzdmxzc00zmfllwexzwitndjim2q3ytmwywu5lzqxmdiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=ae48501e40ff5833
According to the Economic Research Center of Azerbaijan, surveys showed that this October Azerbaijan’s consumer price index increased by 1.16%.

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