First train to link Baku-Tbilisi-Kars starts next week

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More from Economy

SOCAR to install new platform in offshore field

20.01.2010 15:27 GMT

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The State Oil Company of Azerbaijan (SOCAR) continues developing the offshore exploitation program.

SOCAR increased oil production in December 2009

20.01.2010 15:15 GMT

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In December SOCAR increased overall oil production by 12% and own production by 1.3%.

Azerbaijani Investment Company increases capital by 78%

20.01.2010 15:03 GMT

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The Azerbaijani government increased capital of the Azerbaijani Investment Company (AIC).

SOCAR increased own gas export by 26% in 2009

20.01.2010 15:01 GMT

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In December gas export totaled 146.58 million cu m.

Azerbaijani companies awarded in Georgia

20.01.2010 13:10 GMT

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The “Most Successful Companies of the Year” prize award ceremony has today been held in Georgia by “Sakhelebi” (Names) magazine.

New shipyard to be founded in 2010 in Azerbaijan, president

19.01.2010 21:54 GMT

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In 2010 Azerbaijan will lay a foundation for a modern shipyard, said President Ilham Aliyev.

Azerbaijan's minimum wage well below cost of living - economist

19.01.2010 21:52 GMT

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Novosti-Azerbaijan interviews economist Ogtay Ahverdiyev.

Azerbaijan reports growth in agriculture in 2009

19.01.2010 21:45 GMT

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Azerbaijan's agricultural sector grew 3.5 per cent in 2009, President Ilham Aliyev said on Monday.

Azerbaijan preserve population’s real profits rate in 2009

19.01.2010 21:03 GMT

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By results of the year the average inflation rate in Azerbaijan made 1.5% which is 10 times as low as an average for 2004-2008.

Alternative energy, environment are priorities - President Aliyev

19.01.2010 19:21 GMT

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Developing renewable energy sources and cleaning up the Absheron Peninsula are priorities for 2010, Azerbaijani President Ilham Aliyev has said.

Azerbaijan to export black caviar to EU

19.01.2010 19:14 GMT

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The European Commission has included Azerbaijan in the list of countries exporting black caviar to the European Union.

Test works carried out on transportation of Azerbaijani gas to Iran

19.01.2010 19:00 GMT

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Preliminary works due to transportation of Azerbaijani gas to Iran continue.

Azerbaijan to finish Baku-Russian border highway in 2010

19.01.2010 18:27 GMT

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Infrastructural projects to continue in 2010, Azerbaijani president.

Azerbaijan revises balance of payments forecast upwards

19.01.2010 16:15 GMT

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Azerbaijan expects to have a balance of payments surplus of at least $16bn in 2009, Central Bank Chairman Elman Rustamov said yesterday.

Azerbaijan raises social spending by 19.5% in 2009

19.01.2010 15:36 GMT

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The social spending grew by 24.6% in 2009 as compared to 2008, education spending by 17.2%, healthcare by 16.2%, minister.

BP Baku office still remains without trade union

19.01.2010 15:20 GMT

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Today only four out of 21 organizations within BP have trade unions, Sattar Mehbaliyev.

Azerbaijan launches dosimetric lab

19.01.2010 13:38 GMT

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State Committee on Standardization, Metrology and Patents of Azerbaijan ends talks with IAEA on dosimetric lab.

GDP growth made 9.3% in 2009, Ilham Aliyev

18.01.2010 21:37 GMT

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GDP growth made 9.3% in 2009, president Ilham Aliyev.

Prices on flats decline in Baku

18.01.2010 21:14 GMT

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The world economic crisis has influenced the 20% drop in prices on immovable property in Azerbaijan.

Azerbaijan to import 300-500 South Korean buses this year

18.01.2010 18:43 GMT

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Azerbaijan is to be supplied with 300-500 large Daewoo buses by the end of 2010.

Bank of Azerbaijan's new branch opens - PHOTOS

18.01.2010 17:45 GMT

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Slight increase in number of dealers on Azerbaijan's securities market

18.01.2010 15:01 GMT

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In 2009, 38 licences were issued to work on the securities market in Azerbaijan, compared to 34 in 2008.

Flights from Krasnoyarsk to Baku launched

18.01.2010 14:38 GMT

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Vladivostok Avia launched flights from Krasnoyarsk to Baku Sunday according to a statement from the department for public relations of the air company

Prices on Azerbaijani gas will be different, Turkish Energy Ministry

18.01.2010 14:27 GMT

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"We continue negotiating gas price with Azerbaijan and I think we will soon come to an agreement.

Oil supply forecast for 2010 cut due to Azerbaijani production

18.01.2010 14:26 GMT

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Lower than expected oil production from Azerbaijan has led the International Energy Agency to cut its forecasts for 2010 non-OPEC oil supplies.

Nabucco, South Stream gas pipelines complementary - Russian envoy

18.01.2010 14:21 GMT

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Two gas pipeline projects to pump gas to Europe from Russia and the Caspian region respectively are not rivals, Russia's envoy in Baku has said.

Azerbaijan to produce digital TV decoders

18.01.2010 13:22 GMT

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Azerbaijani it company to produce digital TV decoders.

More Baku-London flights

16.01.2010 16:21 GMT

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Azerbaijan Air Lines (AZAL)is increasing the number of its Baku-London flights from 16 January 2010.

Azerbaijan successfully placed mortgage bond issue

16.01.2010 15:26 GMT

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Azerbaijan realized successfully placement of mortgage bond issue for AZN 55 million first time in the region.

Registration of housing certificate rises in Azerbaijan

16.01.2010 15:21 GMT

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Registration of housing certificates in Azerbaijan rose by 52% in 2009.

President inaugurates Dalga Plaza Business Center - PHOTOS

16.01.2010 13:13 GMT

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President inspects reconstruction of Respublika Hotel - PHOTOS

16.01.2010 13:10 GMT

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