OPEC Secretary General thanks Azerbaijan

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More from Economy

Funding approved for construction of road in Zagatala

05.08.2017 23:19 GMT

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Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of a road in Zagatala, Trend reports.

Ilham Aliyev: Azerbaijan a reliable gas supplier for the world, Europe, neighbor countries

05.08.2017 14:56 GMT

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Azerbaijan has become a reliable country that is supplying gas to the world, Europe and its neighbors, President Ilham Aliyev told a republican conference on the development of sericulture, tobacco and hazelnut production in Gakh district.

Fitch Affirms Azerbaijan at 'BB+'

05.08.2017 14:48 GMT

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Fitch Ratings has affirmed Azerbaijan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB+' with Negative Outlooks, the agency reported.

Fitch predicts growth in Azerbaijan's economy

05.08.2017 12:28 GMT

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Azerbaijan’s real GDP growth is forecast to rise to 4.3 percent in 2019, Fitch Ratings says.

Customs revenues of Azerbaijani state budget up by almost 20%

05.08.2017 11:52 GMT

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The Committee transferred 256.6 million manats to the budget in July 2017.

International Bank of Azerbaijan searches auditor

05.08.2017 11:41 GMT

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The International Bank of Azerbaijan has announced open tender.

Repair of only aboveground metro station in Baku begins

05.08.2017 10:46 GMT

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The Baku Metro Company begins reconstruction of the only above-ground station, abc.az reports.

Azerbaijan fulfills its obligations with OPEC – Energy Ministry

04.08.2017 21:55 GMT

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Azerbaijan has provided the Joint Technical Committee of the OPEC Monitoring Committee with the data on the daily oil production in July, as a part of the Vienna agreement on oil production reductions, the Azerbaijani Energy Ministry told Trend.

Money transfers to Azerbaijan increase 58%

04.08.2017 21:03 GMT

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In January-June 2017, money transfers to Azerbaijan amounted to $459 million, up 58.3% or $169 million from previous year, Central Bank of Azerbaijan (CBA) told APA-Economics.

President: Domestic market should not depend on import for prevention of currency from leaving country

04.08.2017 20:05 GMT

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President of Azerbaijan Ilham Aliyev has delivered a speech at the republican meeting on the development of cocoon, tobacco and nuts production in Gakh district.

AZAL calls to buy air tickets only from Airline's trusted partners

04.08.2017 19:39 GMT

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Recently, Azerbaijani Airlines (AZAL) have fixed and prevented attempts of selling air tickets from stolen credit cards.

Manat rate against USD strengthens 3.9% in H1

04.08.2017 19:20 GMT

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During the six months of 2017, official exchange rate of manat was set on the basis of average exchange rate on interbank deals.

EBRD to decide on allocating $500M loan to TANAP in October

04.08.2017 17:30 GMT

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The funds will be allocated to Azerbaijan’s Southern Gas Corridor Closed Joint Stock Company (borrower).

Assets of Azerbaijan’s banking sector amount to AZN 30 bln

04.08.2017 16:49 GMT

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As of 30 June 2017, the assets of 31 banks operating in Azerbaijan amount to AZN 30 bln 36.9 mln, with a total of liabilities worth AZN 27 bln 322.9 mln.

Oil prices fall as OPEC oil exports rise

04.08.2017 15:05 GMT

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Oil prices edged lower on Friday and were on track for weekly losses, weighed down by rising OPEC exports and strong output from the United States.

Azerbaijan Business Center to be opened in Astrakhan in September

03.08.2017 20:10 GMT

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Azerbaijan Business Center will be opened in Russia's Astrakhan in September. As many as 208.56 million rubles ($3.45 million) of private investment will be put in the implementation of the project, the Astrakhan region government website said.

Kazakhstan to supply new electric locomotives to Azerbaijan

03.08.2017 19:40 GMT

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Azerbaijan will soon receive new electric locomotives from Kazakhstan.

More than 300,000 Azerbaijani tourists visited Turkey in last six months

03.08.2017 19:37 GMT

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"A total of 306,644 Azerbaijani tourists visited Turkey in the last six months of 2017,” according to Turkey`s Ministry of Culture and Tourism, AzerTag reports.

President Ilham Aliyev launches new electrical substation in Gakh

03.08.2017 19:32 GMT

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President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of 110/35/10 KV new electrical substation in Gakh district, APA reports.

USD rate for tomorrow announced

03.08.2017 17:54 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 4.

Kaspersky Lab to help Azerbaijan in countering cyber-threats

03.08.2017 14:06 GMT

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"Azerbaijani users can be sure that they are protected from the most pressing dangers of the digital world."

EU allocates funds to render assistance to Azerbaijani regions

03.08.2017 12:02 GMT

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The €13.5 million EU support programme will target the Lankaran Economic Region.

President Ilham Aliyev allocates funds for Baku International Sea Trade Port

02.08.2017 20:58 GMT

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Azerbaijani President Ilham Aliyev has signed an order on additional measures to ensure the activities of the new Baku International Sea Trade Port.

BTC transported 15.5 million tons of Azerbaijani oil this year

02.08.2017 20:01 GMT

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The Baku-Tbilisi-Ceyhan (BTC) main export pipeline transported 15,577,521 tons of Azerbaijani oil in seven months of the year, according to SOCAR.

Ilham Aliyev allocates funding for construction works in Pirallahi

02.08.2017 19:55 GMT

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Azerbaijan’s President Ilham Aliyev has signed an order to provide funding for continuation of construction works in Pirallahi district of Baku.

Speaker of Arizona House of Representatives visits SOCAR

02.08.2017 11:21 GMT

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Javan Mesnard, Speaker of Arizona House of Representatives visited SOCAR Tower.

Italian company leaves Azerbaijani market

02.08.2017 10:36 GMT

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The representation of the “Valvitalia S.P.A” company in Azerbaijan, rendering services in the field of oil mine equipment supply, is being liquidated.

Azerbaijani president allocates money for construction of 29 buildings in Pirallahi

01.08.2017 19:30 GMT

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Azerbaijani President Ilham Aliyev has signed an order on measures on continuation of construction works in Piralahi district, APA reports.

Azerbaijani appointed to leading position in international company abroad

01.08.2017 16:15 GMT

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Another Azerbaijani has been appointed to a leading position in an international company abroad.

WTO urges Azerbaijan to step up bilateral talks with its members

31.07.2017 22:20 GMT

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The World Trade Organization (WTO) has called on Azerbaijan to step up bilateral talks with WTO members on market access commitments for goods and services in order to accelerate its efforts to secure WTO membership, says the organization’s message posted on its website.

Azerbaijani president approves regulations of Financial Stability Board

31.07.2017 19:46 GMT

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President of Azerbaijan Ilham Aliyev has issued a decree on approval of regulations of the Financial Stability Board, APA reported.

S&P: Azerbaijan’s economy continues adapting to cheap oil period

31.07.2017 12:05 GMT

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Standard & Poor’s (S&P) forecasts the GDP growth in Azerbaijan in 2019-2020 to be 3.5%, APA reports.

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