New appointment to the management of the Petkim

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More from Economy

US announces its representative in SGC Advisory Council’s meeting in Baku

14.02.2017 21:41 GMT

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Deputy Assistant Secretary for Energy Diplomacy at the US Department of State Robin Dunnigan will represent the country in the meeting of the Southern Gas Corridor Advisory Council to be held in Baku Feb.23, Trend learned from the US Department of State.

Turkish agriculture minister to visit Baku

14.02.2017 19:39 GMT

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Turkish Agriculture Minister Faruk Celik will visit Baku Feb. 23 to participate in the Azerbaijan-Turkey business forum dedicated to agriculture, the National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan said Feb. 14.

USD rate falls at today`s auction

14.02.2017 16:24 GMT

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Today, a bilateral currency auction was held at the Central Bank, in which SOFAZ also participated.

Azerbaijan to resume cognac export to Belarus

14.02.2017 16:08 GMT

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Azerbaijan will resume the export of cognac to Belarus, said Elchin Madatov, head of Azerbaijani Wine Exporters and Producers Association.

Azerbaijan unveils first national armored fighting vehicle - PHOTOS

14.02.2017 15:57 GMT

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Azerbaijan has presented its first home-made national armored fighting vehicle “Tufan”.

Business inspections sharply drop in Azerbaijan

14.02.2017 14:10 GMT

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Sixty inspections on entrepreneurship activity were held in Azerbaijan in 2016, said the country’s Deputy Economy Minister Sahil Babayev.

SOFAZ releases revenue and expenditure statement for 2016

14.02.2017 12:30 GMT

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Budget revenues of the State Oil Fund of Azerbaijan (SOFAZ) for the period of January-December, 2016 reached 9,410.2 million manats, while budget expenditures constituted 9,022.1 million manats.

Azerbaijan to take part in World Tourism Forum in Istanbul

14.02.2017 11:32 GMT

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The third annual World Tourism Forum will be held at the Istanbul Congress Center on 16-18 February, Report informs citing the foreign media.

Azerbaijan Mortgage Fund calls for bid

14.02.2017 10:46 GMT

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Azerbaijan Mortgage Fund OJSC (AMF) calls for bid to purchase products and services for development and application of “Electronic Mortgage” system within “Electronic Government” portal.

Latvia eyes to extend ZUBR route to Azerbaijan: FM

13.02.2017 21:09 GMT

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Latvia is interested in extending the ZUBR container train route through Ukraine to Azerbaijan and then to China, said Latvian Foreign Minister Edgars Rinkevics in a briefing after negotiations with his Azerbaijani counterpart Elmar Mammadyarov in Baku Feb. 13.

OPEC ups forecast for 2017 world oil demand

13.02.2017 20:40 GMT

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OPEC expects world oil demand to increase by 1.19 million barrels per day to average 95.81 million barrels per day in 2017, the cartel said in its monthly oil market report published Feb. 13.

USD rate for tomorrow announced

13.02.2017 18:03 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for February 14.

SOFAZ invests in logistics development in Japan

13.02.2017 16:19 GMT

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Asian logistics warehouse operator e-Shang Redwood has raised $100 million investment from the State Oil Fund of Azerbaijan (SOFAZ) to back warehouse development projects in Japan, SOFAZ told Trend Feb. 13.

Central Bank announces result of today’s auction

13.02.2017 16:17 GMT

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The Central Bank had to attract AZN 150 million at today’s auction.

Moody’s keeps Azerbaijan’s rating unchanged

13.02.2017 11:33 GMT

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Moody’s international rating agency has affirmed the credit rating of the Government of Azerbaijan on the previous level.

Chinese company scores $100 mln from State Oil Fund of Azerbaijan

13.02.2017 11:06 GMT

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Asian logistics warehouse operator e-Shang Redwood has raised 100 mln USD investment from the State Oil Fund of Azerbaijan (SOFAZ) to back warehouse development projects in Japan.

Azerbaijan's Transport Minister to receive citizens in Shirvan

13.02.2017 10:02 GMT

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Сitizens willing to meet the minister can apply for registration from 09.00 until 18.00 on February 15.

Azerbaijan sees 2.7 times decline in USD transactions

10.02.2017 22:59 GMT

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The volume of the foreign currency operations declined 2.67 times in 2016.

Azerbaijan urges WB not to work with Armenian banks in occupied lands

10.02.2017 21:17 GMT

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Involving Armenian banks and companies, operating in the occupied Azerbaijani territories, in the World Bank projects is inadmissible, said Azerbaijan’s Economy Minister Shahin Mustafayev.

Food Safety Agency will be created in Azerbaijan

10.02.2017 21:03 GMT

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President Ilham Aliyev signed a decree on additional measures to improve the food safety system.

Funds allocated for construction of road leading to liberated Jojug Marjanli

10.02.2017 19:35 GMT

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Azerbaijani President Ilham Aliyev has signed an order on additional measures to construct the road leading to the liberated Jojug Marjanli village of the Jabrayil district, APA reports.

USD rate for Feb.13 announced

10.02.2017 17:40 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for February 13.

Session of Azerbaijan-Georgia mixed commission ends in protocol signing

10.02.2017 10:39 GMT

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The session of Azerbaijan-Georgia mixed commission ended in protocol signing on February 9. 2017.

WB to help improve Azerbaijan’s financial sector

10.02.2017 10:08 GMT

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The World Bank’s mission on financial and private sector development in the South Caucasus, headed by Angela Prigozhina, senior financial sector specialist, will arrive in Baku Feb. 19, the WB local office told.

Azerbaijan to coordinate work of state institutions in highway construction

10.02.2017 09:58 GMT

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The work of state institutions in highway construction will be coordinated in Azerbaijan.

USD rate for tomorrow announced

09.02.2017 17:50 GMT

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

Azerbaijan publishes 2017 oil production forecast

09.02.2017 16:10 GMT

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Predictive volume of oil production in Azerbaijan is set at 40 mln tons in 2017.

Azerbaijan publishes 2017 oil production forecast

09.02.2017 16:06 GMT

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Predictive volume of oil production in Azerbaijan is set at 40 mln tons in 2017.

USD rate falls 5.2% at today's auction

09.02.2017 14:15 GMT

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Today, a bilateral currency auction was held at the Central Bank, involving SOFAZ.

Financial Monitoring Service removes one person from blacklist

09.02.2017 11:08 GMT

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Afghan citizen Gulbuddin Hekmatyar has baan removed from the list.

Lithuania keen to attract Azerbaijani investments in economic zones

09.02.2017 11:00 GMT

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"Lithuania has five free economic zones, which may be interesting for Azerbaijani investors."

Meeting of working groups of NCCSD held

08.02.2017 21:46 GMT

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National Coordination Council for Sustainable Development has held a meeting of its working groups on economic development and employment, social and environmental issues, monitoring and evaluation.

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