OPEC Secretary General thanks Azerbaijan

W1siziisijiwmtcvmdkvmjmvmtivmtivmjivmzcyzjhinjmtmzu3ys00ogzllwi1mgutytfkmde0ywq2ztm2l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=e4946eeb65ead8ab W1siziisijiwmtcvmdkvmjivmtcvmjkvmtgvmmvmyzrhmzqtntawms00odmyltkyztctyzk2mgu0zjjjzgu0l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=36b75b1e6b0ce5b2 W1siziisijiwmtcvmdkvmjevmjavmzevmjevowq1mwqzzgitmzrlzc00mwzjlwi0ymitmjfjnmzmyjc0otdkl2hhbmrzagfrzs5qcgcixsxbinailcj0ahvtyiisijm1mhgynzajil1d?sha=8048eefdaa83d489 W1siziisijiwmtcvmdkvmjevmtkvntcvmdavymy2ndbjntytzdbkyi00mmy0ltkzowitnta0yzqxmde2otq3lzu3mgi0ngjjzgu1m2i0zjq4mtq1yzc4ntq0mzdhnmm4lmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=b68c18b53f07e9b9 W1siziisijiwmtcvmdkvmjevmtcvndmvmzqvn2m5ywu3ztktndjhmy00ytm4ltk2ndutmtnindflmjm2nzg2l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=28d668f78058ff51

More from Economy

Baku Shipyard management mulls future co-op with US companies

13.07.2017 16:28 GMT

W1siziisijiwmtcvmdcvmtmvmtyvmzcvntuvngjkzdg2mgutytrmnc00yzi5ltkxnzqtogjiyje5owe2nmzil2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=877c9597c521b91f
US Ambassador to Azerbaijan Robert Cekuta has visited Baku Shipyard LLC, says the company’s message posted on its website.

Flow of Russian tourists to Azerbaijan growing - head of Rosturizm

13.07.2017 14:18 GMT

W1siziisijiwmtcvmdcvmtmvmtqvmjivmjgvymm5otzjywitogzhmi00nty0lwi0mjctm2ezztbjntrmytc4l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=9b1b4344f459d447
"We have close ties with the Republic of Azerbaijan, and the flow of tourists to this country is constantly growing."

Debts restructuring plan for International Bank of Azerbaijan approved

13.07.2017 11:08 GMT

W1siziisijiwmtcvmdcvmtmvmtevmtavmdivzdk5owm1mjktymrlmy00ymy3lthhztmtnmvkm2m3zdy3yzmyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b5d21380d942c589
Creditors owning 87% of the debts had voted in favor of the restructuring plan one day before the decision was made, on July 12.

Fed plans more rate hikes to meet goals: Yellen

13.07.2017 00:02 GMT

W1siziisijiwmtcvmdcvmtmvmdavndmvmjmvngu5yme2otutngrmzi00n2eylthmogetyjdjmmyzn2uzndiyl2phbmv0lxllbgxlbi5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=cc784c54a970f181
The Federal Reserve is planning a series of gradual interest rate hikes in coming years to maintain economic expansion and achieve its inflation target, Chair Janet Yellen said Wednesday.

Ilham Aliyev: Sometimes they create problems for investors instead of helping them

12.07.2017 21:54 GMT

W1siziisijiwmtcvmdcvmtivmjivmjivmzkvy2u2mzyxnwutndrlmi00ythmltg4zgitmzg5mdcwotdkmti3l1byzxppzgvudcbbwkugkdupicgxks5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=e1614131e7d94089
Azerbaijani President Ilham Aliyev made a speech at today’s meeting of the Cabinet of Ministers dedicated to results of socio-economic development in the first half of 2017 and objectives for the future, APA reported.

Petrowell Caspian Limited closing office in Azerbaijan

12.07.2017 21:09 GMT

W1siziisijiwmtcvmdcvmtivmjevmtuvntgvmwi5mwrhntmtmwrhzi00mznllwfinjktmmq2ota0mwm0mze0l2rvy3vtzw50xza0mdqxni5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=22c222557f3d7647
Petrowell Caspian Limited, a subsidiary of UK’s Petrowell company, has announced the liquidation of its office in Azerbaijan, the Azerbaijani Taxes Ministry’s ‘Vergiler’ newspaper reported July 12.

President: There will be even more tourists, we must be ready

12.07.2017 20:24 GMT

W1siziisijiwmtcvmdcvmtivmjavmjuvndivymy4zgnkzjctmjqxzi00ndkwlwfhotetmmq5otg1ntvkzwe5l3byzxppzgvudf8xmja3mtdfns5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=1348078ee85fb71c
"We’re satisfied with this year’s development of tourism this year. The number of tourists has grown by 25%. The reasons for this are well known. Azerbaijan is known as a safe, stable country.”

USD rate for tomorrow announced

12.07.2017 17:19 GMT

W1siziisijiwmtcvmdcvmtivmtcvmtkvntmvmgu2zjg2yjutodqzmi00mmqwlwe0mgutnmy5nzrjnme2ndvhl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=f2f75ce304327eca
The Central Bank of Azerbaijan has announced USD/AZN rate for July 13.

Azerbaijan’s currency reserves near $41B - President

12.07.2017 15:17 GMT

W1siziisijiwmtcvmdcvmtivmtuvmtkvmtuvn2i1zmeyyjatzgm1zs00m2uzlwfknmmtmwi1njczotuxnzczl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=761b3469e3c0bc8e
"We saved and conducted reforms, allocated funds for only strategic projects."

Oil rises above $48 as API reports drop in U.S. fuel stocks

12.07.2017 13:59 GMT

W1siziisijiwmtcvmdcvmtivmtqvmdevmdyvogu2mdrjoditnme0os00yzfklwixmwqtyzy0mzy4ngfindgzl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=906fedae7b25179d
U.S. crude inventories fell by 8.1 million barrels, industry group the American Petroleum Institute said on Tuesday, much more than the forecast.

Azerbaijan establishing association of textile producers and exporters

12.07.2017 00:24 GMT

W1siziisijiwmtcvmdcvmtivmdevmjuvmzevzmiyzjuzm2itzdq3zs00nweyltlkymetndq2nji2ymu1ywmyl3ryzw5kx3rlzgjpcl8xmta3mtdfmdmuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=d306a553b7fc4c68
An association of textile producers and exporters is being established in Azerbaijan, Sahib Mammadov, Azerbaijani deputy economy minister, said.

Bitcoin’s price to reach $ 55 000

11.07.2017 12:51 GMT

W1siziisijiwmtcvmdcvmtevmtivntmvmjqvztu0ogu0ytityzeyyy00yzeyltgyytctmmfkmjg4mgrjnja5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=dad68157ca6fbc61
In recent years, investments in bitcoin will exceed gold for its popularity and its value will reach $ 20,000.

Azerbaijan creates national textile brand

11.07.2017 12:47 GMT

W1siziisijiwmtcvmdcvmtevmtivndgvmzyvoti5yme1zdqtmdflmi00mddmlweyyzetotdjmwjlzjbhmtiyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=83b468d72b0231eb
A national textile brand will be created in the Mingachevir Industrial Park, Azerbaijan's Ministry of Economy said.

Kuwaiti airlines to restore flights to Azerbaijan

11.07.2017 12:24 GMT

W1siziisijiwmtcvmdcvmtevmtivmjyvmjmvodi2ztcxotetmdq0zc00ztk1ltgxntqtmgrhmtaxmgexndrjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=dc452eb0a823509b
Kuwaiti Wataniya Airways restoring flights to Azerbaijan.

Azerbaijan supports Chinese investors’ participation in SOCAR GPC project

10.07.2017 21:45 GMT

W1siziisijiwmtcvmdcvmtavmjevndyvntqvytbizgyxztgtzjdmms00zdbmltkxyzmty2rmyty4ngvhogmwl3nvy2fyx2dwy18xmja0mtcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=1c87f06a5343c52c
Azerbaijan fully supports the active participation of Chinese investors and companies in SOCAR GPC project, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR said at a meeting with Wang Yilin, president of the China National Petroleum Corporation (CNPC) in Baku.

President of SOCAR delivers speech at 22nd World Petroleum Congress

10.07.2017 20:20 GMT

W1siziisijiwmtcvmdcvmtavmjavndmvndmvy2i4ztvkodutnjqwmi00ody5ltg1yzetndcxztq2mdcyzwq1lze0otk2nzu5oduxnjc0mdi0odazxzewmdb4njy5lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=fa1cd202f080ecfe
Azerbaijan’s State Oil Company SOCAR feels constant support of Turkey in ongoing projects Petkim, Star Refinery, Petlim and others, SOCAR President Rovnag Abdullayev said.

Gas supplies from Azerbaijan – priority for Bulgaria: PM

10.07.2017 19:44 GMT

W1siziisijiwmtcvmdcvmtavmtkvntqvmdcvodezn2ewn2utnzq1nc00zgy5lwizntutodrinzy4nmixmta4l0jvewtvx0jvcmlzb3zfmjywmjezlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ba15718092dc96dc
Gas supplies from Azerbaijan and construction of the Balkan gas hub are of priority for Bulgaria’s energy sector, said the country’s Prime Minister Boyko Borisov.

WPC President: Azerbaijan is sensitive about its investments and natural gas export

10.07.2017 19:29 GMT

W1siziisijiwmtcvmdcvmtavmtkvmzavmdkvyte3ndflmtitndnkzi00njq0ltk1zdgtotdinguwnzbhmjc4lzninjjjzddhywzkzdvmztlhmwrjy2m4zmm4yznjmjnjlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=2edd2163d5d13f15
Azerbaijan is sensitive about its investments and natural gas export, President of the World Petroleum Council Joseph Tot told APA’s Turkey correspondent.

USD rate for tomorrow announced

10.07.2017 17:43 GMT

W1siziisijiwmtcvmdcvmtavmtcvnduvmdqvzdqzmmnlodgtmmrmns00ytu4lwfiyjetodnkmjfkmdawzdnil2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bf98c544716d510e
The Central Bank of Azerbaijan has announced USD/AZN rate for July 11.

Azerbaijan's Ministry of Taxes purchases Thomson Reuters tax solutions

10.07.2017 15:04 GMT

W1siziisijiwmtcvmdcvmtavmtuvmdkvntmvnmnjmdiwotitnzc1ny00oti2ltg2nwutotkwodcxzme5odc5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=64bf700cd218ac9c
Among the products purchased by the Ministry are: Onesource Benchmark and Onesource TP Loan Module.

SOCAR President: Azerbaijan is ready to meet Europe’s demand for gas

10.07.2017 14:37 GMT

W1siziisijiwmtcvmdcvmtavmtqvmzkvmtgvotlknty3mjgtmwy2my00ytjklthindctoge5owu4yta3nmu1l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=eb704208b0b38b97
SOCAR has always felt the support of Turkey, SOCAR President Rovnag Abdullayev said at the 22nd World Petroleum Congress (WPC).

Azerbaijani business sector using artificial intelligence

08.07.2017 16:40 GMT

W1siziisijiwmtcvmdcvmdgvmtyvndivmdavzjjhodzhzdgtytg1os00yzlhlwe4zjutymziowu3n2exn2mzl3ryzw5kx2jha3vfy2l0ev9zchjpbmdfmjcwnde1xzm3lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c5ea575c596d6108
The Azerbaijani business sector has been already using BotBox Artificial Intelligence, head of the BotBox project Elmir Aliyev told Trend.

Non-oil exports increased 22 per cent in Azerbaijan in five months

08.07.2017 11:18 GMT

W1siziisijiwmtcvmdcvmdgvmtevmtkvndivnjuyntbjodatyzkyms00mzu3ltg4mmutyti4mmiyogm4nzcyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=d34b00eb3c7ec363
Non-oil exports grew 22 per cent in Azerbaijan in the first five months of 2017.

'Made in Azerbaijan' brand for the first time in Africa - PHOTO

08.07.2017 09:08 GMT

W1siziisijiwmtcvmdcvmdgvmdkvmtevmdkvyzkxzjlin2qtzdrmnc00yjewltljmgitztdmmmiyoty3mzi4l0lnr18wmdeylkpqryjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bd5f9a5cb770323a
Azerbaijani products have been put on sale for the first time in Africa in famous Casino, Al-Gamil and Cash Center supermarkets operating in Djibouti.

Azerbaijan may open trading houses in Europe, Asia

07.07.2017 20:32 GMT

W1siziisijiwmtcvmdcvmdcvmjavmzmvntcvztq5odbizgetodqwnc00otu5lwfhmwitywfhntkwmjm3mgnkl3ryzw5kx3nhaglsx2jhymf5zxzfmjkxmde1lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=62ee86678c82f701
Azerbaijan may open trading houses in Europe and Asia in the future, Azerbaijani Deputy Economy Minister Sahil Babayev told reporters in Baku July 7.

Azerbaijani president allocates AZN 14.4M for road construction in Sabirabad

07.07.2017 19:30 GMT

W1siziisijiwmtcvmdcvmdcvmtkvmzivmzyvymmxzdrkyzqtnjbhms00zmjklwjmmjktyzrlnzvlm2y5nmuxl2uymgjizgm4odnim2e0ndg2otu4zjjhmgqzowmyndlhlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c12036c2a7ea5aeb
Azerbaijani President Ilham Aliyev has signed an order on measures on construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagac-Chol Agamammadli-Azadkend-Mugan Ganjali motor road in Sabirabad district.

USD rate for July 10 announced

07.07.2017 17:50 GMT

W1siziisijiwmtcvmdcvmdcvmtcvntivmdyvm2mxodk2zjetngm5yi00y2iyltkznzutm2y5nji3mjqwnguzl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=1d8077b7ce32abf5
The Central Bank of Azerbaijan has announced USD/AZN rate for July 10.

Bars and restaraunts of Mandarin Oriental Hotel welcome you in a new format

06.07.2017 20:53 GMT

W1siziisijiwmtcvmdcvmdyvmjavntqvmdkvowq2mtfjowitzjqwyy00n2m5lwjknmitnwfingvlzdfmodfll2jvzhj1bs1maw5llwrpbmluzy1rb3j1y2hhbi1kdxnrlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=723a6e5969a5a7b1
A stunning resort overlooking the Aegean Sea, Mandarin Oriental, Bodrum is where dreams come true. A luxury five-star hotel retreat with two private beaches and excellent leisure facilities, we invite you to lie back, relax and savour the moment.

Kakha Kaladze: Shahdeniz 2 will allow Georgia to purchase additional gas

06.07.2017 16:57 GMT

W1siziisijiwmtcvmdcvmdyvmtcvmdevntmvyja0mtblytatmgexny00ymjmlwewogqtn2e1yjy5mtk1ztnil2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ea160ef8f3284058
After completion of Shahdeniz 2,Georgia will be able to purchase additional gas.

WB approves US$400 million loan for Azerbaijan

06.07.2017 16:02 GMT

W1siziisijiwmtcvmdcvmdyvmtyvmtavmdavmzrizdvizmutodlhos00odg0ltlkndctntg3ztjkmguyywu1l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=5408aa1f0161d0ef
The World Bank approved a US$400.245 million loan and grant for Azerbaijan allocated in 2017 (from July 1, 2016 to June 30, 2017), bank told Interfax.

Italian clinic to test Azerbaijani cancer drugs

06.07.2017 14:14 GMT

W1siziisijiwmtcvmdcvmdyvmtqvmjevmdyvzwrmytvmodmtyjc5ns00mjuzlthmzmqtyzhmymy5odq4njzkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=694102c79aa59e9f
"Preliminary results of analyses are positive."

SOCAR commissions new well in Caspian Sea

06.07.2017 09:16 GMT

W1siziisijiwmtcvmdcvmdyvmdkvmtcvntevzgyzmgyxodutmzk1zc00njbllwe4zdqtzjyxzmyxzji2mjg5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ea32dc7b9e51bf82
Well #355 was drilled from platform #14.

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