Ministry: Istanbul Ataturk Airport to operate as exhibition center

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More from Economy

Russian region's governor talks support for promoting Azerbaijani goods

26.05.2017 00:26 GMT

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Russia’s Leningrad region is ready to render logistics support for promoting Azerbaijani goods in the big Russian and European markets, Alexander Drozdenko, the Leningrad region's governor, said.

Energy Minister: Vienna agreement meets interests of Azerbaijan

25.05.2017 22:40 GMT

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The prolongation of the agreement on the reduction of oil production meets the interests of Azerbaijan, said Energy Minister Natig Aliyev, APA-Economics reports.

Azerbaijani economy minister due in Minsk to open Trade House

25.05.2017 20:43 GMT

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Azerbaijan’s Trade House will be opened in Minsk, Belarus, on May 26, the Azerbaijani Ministry of Economy said May 25.

Azerbaijan, Russia sign Main Actions Plan for 2017

25.05.2017 20:20 GMT

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Another round of negotiations was held to establish a service center for maintenance and overhaul of helicopters in Azerbaijan within the 10th International Exhibition HeliRussia-2017 in Moscow.

Kakha Kaladze: Georgia depends on Azerbaijani gas

25.05.2017 14:39 GMT

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"Currently, Georgia purchases gas from only Azerbaijan."

Moody’s: Azerbaijani economy to grow 1.8% in 2018

25.05.2017 12:18 GMT

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"Azerbaijan’s GDP growth is highly dependent on the level of oil prices."

Azerbaijan to provide countries with Azersky satellite imagery

25.05.2017 09:02 GMT

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Azerbaijan’s satellite operator Azercosmos OJSC has announced the Azersky User Group Project in Georgia, Kyrgyzstan and Moldova, said Azercosmos in a message posted on its website.

OPEC nearing deal to extend oil output cut to March 2018

25.05.2017 00:07 GMT

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OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months to clear a global stocks overhang and prop up the price of crude, Reuters reported.

Russia’s IrAero to launch flights to Azerbaijan

24.05.2017 21:40 GMT

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Russian airline IrAero will launch a new Irkutsk-Krasnoyarsk-Baku flight in June, Interfax reported citing IrAero May 24.

Azerbaijan satisfied with current oil prices - minister

24.05.2017 16:59 GMT

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Azerbaijan is satisfied with agreement reached by OPEC and non-OPEC countries for oil output cut and supports extension of the agreement, Minister of Energy Natig Aliyev said in his interview to Caspian Energy magazine.

SOCAR to participate in Iranian projects

24.05.2017 16:30 GMT

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SOCAR was added to the list of shareholders of Iranian E&P Companies, Deputy Oil Minister for International Affairs of Iran Amirhossein Zamaniniya told APA.

IBA ratings may be revised

24.05.2017 12:51 GMT

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International Bank of Azerbaijan (IBA) commented on meeting held with foreign creditors in London yesterday.

Over 187,000 tourists visited Azerbaijan in April

24.05.2017 11:19 GMT

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An event was held in Baku on results of Shopping Festival, APA reports.

Samir Sharifov: "Azerbaijan's IBA will be privatised but not before 2018"

23.05.2017 23:50 GMT

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The state-controlled International Bank of Azerbaijan will be privatised as soon as possible, but that won't happen before next year, Azerbaijani Finance Minister Samir Sharifov said on Tuesday, APA reports quoting Reuters.

Russia to supply meat, milk and honey to Azerbaijan

23.05.2017 22:35 GMT

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From June 1, Russian producers of meat, milk, and beekeepers will have the right to export their products to Azerbaijan.

Korea to host 2nd AIIB Annual Meeting of Board of Governors

23.05.2017 20:53 GMT

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The Korean government and the Asian Infrastructure Investment Bank (AIIB) will jointly host the 2nd AIIB Annual Meeting of the Board of Governors in Jeju, Republic of Korea, on June 16-18.

Kuwait`s Jazeera Airways to launch direct flights to Baku

23.05.2017 20:05 GMT

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Kuwait`s Jazeera Airways has said it is planning to launch direct flights to Baku from June 23. The flights will be carried out on Mondays and Fridays.

Azerbaijan gets about 3M manats from sale of tickets for Baku 2017

23.05.2017 19:15 GMT

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As many as 360,000 tickets were bought in 59 countries for the 4th Islamic Solidarity Games in Baku, Azad Rahimov, the Azerbaijani minister of youth and sports, general executive director of the Games’ Operations Committee, said.

Azerbaijan starts snail export

23.05.2017 12:03 GMT

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Edible snails, rich in protein and other useful substances, are popular in many countries.

Baku bids for hosting Expo-2025

23.05.2017 10:46 GMT

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Azerbaijan, Russia, France and Japan are bidding for hosting the World Expo-2025.

Sea transportation up in Azerbaijan

23.05.2017 10:38 GMT

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The Azerbaijan Caspian Shipping CJSC transported 2,300 freight cars on its ships in April 2017, which is seven percent more than in April 2016.

Azerbaijan’s free trade zone to start work in 2017

23.05.2017 09:04 GMT

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Azerbaijan’s free trade zone (FTZ) will start to operate in 2017, Taleh Ziyadov, director general of the Baku International Sea Trade Port CJSC, told reporters May 22.

S&P keeps SOCAR’s ratings unchanged

22.05.2017 22:36 GMT

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Standard & Poor’s Global Ratings has kept corporate credit rating, outlook, and issue ratings of the SOCAR unchanged (BB/Negative/--), APA-Economics reports.

TAP to support 8 projects in Italy’s Salento

22.05.2017 19:50 GMT

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The consortium for construction of the Trans Adriatic Pipeline (TAP) will support eight projects in Italy’s Salento with 50,000 euros worth grants, the consortium said in a message on its Twitter page.

State companies’ tax debt to budget makes up AZN 1.4B

22.05.2017 19:47 GMT

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In 2016 Azerbaijani state companies reduced their tax debt to the state budget by AZN 979,314,300 or 40.6% to AZN 1,434,449,400,000, said in a statement of the Chamber of Account on execution of state budget and draft law on execution of 2016 state budget, APA-Economics reports citing to Interfax.

Azerbaijan’s per capita external debt exceeds $700

22.05.2017 15:56 GMT

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Azerbaijan’s external debt on loan agreements signed as at early 2017 amounted to $10,931,800,000 or 32.3% of GDP.

Central Bank attracts more than AZN 493M

22.05.2017 15:35 GMT

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The Central Bank of Azerbaijan (CBA) said it attracted AZN 493.46 million at today’s auction.

Procedure of driving license replacement for foreigners simplified in Azerbaijan

22.05.2017 11:25 GMT

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The Cabinet of Ministers has introduced changes into the decision on Regulations on the rules of taking exams to get a driving license to operate a transport means and issuance of a driving license.

SOCAR Methanol reveals production volume since early 2017

19.05.2017 23:49 GMT

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The methanol plant of Azerbaijan’s state-owned company SOCAR produced 56,610 tons of methanol since early 2017, SOCAR Methanol LLC said in a message May 19.

AZN 4.5M allocated for development of sericulture

19.05.2017 19:28 GMT

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President of Azerbaijan Ilham Aliyev has issued an order on additional measures regarding improvement of material and technical base of the sericulture.

Georgia increases car export to Azerbaijan by 62%

19.05.2017 12:27 GMT

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Georgia has increased car export to Azerbaijan by 62%.

Azerbaijan, Qatar discuss establishment of joint investment fund

19.05.2017 00:12 GMT

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Azerbaijan and Qatar have discussed the establishment of a joint investment fund, AzerTag reports.

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