Azerbaijan’s economic, investment prospects presented in Australia

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More from Economy

AZPROMO signs MoU with Korea International Trade Association

07.04.2017 00:53 GMT

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Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has signed a Memorandum of Understanding with the Korea International Trade Association (KITA).

SOCAR starts selling LDPE at Russia’s SPB Exchange

06.04.2017 22:06 GMT

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SOCAR RUS, a subsidiary of Azerbaijan’s state oil company SOCAR, is starting the sales of low-density polyethylene (LDPE) at the Saint-Petersburg Exchange (SPB Exchange), said a message on the SPB Exchange website.

Rise in oil price positively affects manat rate – Energy Minister

06.04.2017 19:18 GMT

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"We must ponder more the stability of oil price than its increase.”

USD rate for tomorrow announced

06.04.2017 17:41 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 7.

Azerspace-1 starts broadcasting four more TV channels

06.04.2017 16:52 GMT

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Azerbaijan's telecommunication satellite Azerspace-1 has started broadcasting the programs of Georgian TV channels - Imedi TV, GDS TV, Pirveli TV and Marneuli TV.

SOCAR intends to increase gas import from Russia to 5 bcm

06.04.2017 15:23 GMT

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SOCAR intends to increase gas import from Gazprom to 5 billion cubic meters.

Azerbaijan’s economy to grow 1.2% next year - ADB

06.04.2017 11:41 GMT

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The Gross Domestic Product in Azerbaijan will decline 1.1% this year, Asian Development Bank said in its outlook for 2017.

Azerbaijan bans broadcasting of foreign-produced advertisements

06.04.2017 11:23 GMT

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Broadcasting of foreign-produced advertisements has been banned on TV channels, retranslated on cable network in Azerbaijan.

Azerbaijani currency rates for April 6

06.04.2017 11:20 GMT

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Official exchange rate of the US dollar and euro to Azerbaijani manat for Apr. 6 was set at 1.7140 manats and 1.8296 manats, respectively.

Azerbaijan to ink double taxation elimination deals with 5 more countries

05.04.2017 20:04 GMT

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Azerbaijan will sign agreements on elimination of double taxation with five more countries in the near future, Zaur Fetizade, head of Azerbaijani Taxes Ministry’s Department for International Cooperation and Tax Monitoring in Financial Institutions, said in his interview with the Vergiler (Taxes) newspaper.

Azerbaijan to attend “Communication and Content. Caucasus 2017” Forum

05.04.2017 19:36 GMT

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Representatives of Azerbaijan’s ICT sector will take part in the international forum "Communication and Content. Caucasus 2017” due in the Georgian city of Borjomi on May 16-20.

Natig Aliyev: SGC to serve millions of consumers

05.04.2017 19:29 GMT

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The Southern Gas Corridor will serve millions of consumers and meet the demand of Georgia, Turkey, Greece, Bulgaria, Albania, Italy and other countries, said Azerbaijan’s Energy Minister Natig Aliyev.

Banker: Manat found its balance and will continue to rise

05.04.2017 18:08 GMT

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Exchange rate of manat for today is stable, our national currency has found its balance.

SOCAR reduces oil transportation via BTC

05.04.2017 17:50 GMT

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Baku-Tbilisi-Ceyhan (BTC) pipeline transported 2,079,910 tonnes of Azerbaijani oil in March 2017, down 543,000 tonnes or 20.73% from previous year.

USD rate for tomorrow announced

05.04.2017 17:39 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for April 6.

Azerbaijan may cancel interest rate limit for insured deposits

05.04.2017 09:40 GMT

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Azerbaijan may cancel the uppermost limit of the interest rate for insured deposits of individuals, Azad Javadov, executive director of the Azerbaijan Deposit Insurance Fund (ADIF), told Trend.

Azerbaijan, Kazakhstan to develop int’l road transportation

04.04.2017 22:32 GMT

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Azerbaijan and Kazakhstan will create an authorization system for bilateral and transit road transportation, as well as transportation to/from a third country, the Kazakh Ministry of Investment and Development said in a message Apr. 4.

EnerMech nets £40m worth of Caspian deals in Azerbaijan

04.04.2017 21:20 GMT

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Engineering services firm EnerMech said that it had won £40million worth of contracts in the Caspian region, according to Energy Voice.

Azerbaijani President signs a decree on stimulation of sugar beet production

04.04.2017 19:41 GMT

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The President of the Republic of Azerbaijan has signed a decree on stimulating sugar beet production, APA-Economics reports.

Manat rate hits five-month high

04.04.2017 19:11 GMT

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Manat rate has hit five-month high at the auctions held by Central Bank of Azerbaijan.

Azerbaijan announces manat average rate for Apr. 5

04.04.2017 15:54 GMT

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The Central Bank of Azerbaijan (CBA) announced the average rate of the Azerbaijani manat against the US dollar for Apr. 5 at 1.7145 AZN/USD after a currency auction held Apr. 4.

Azerbaijan has become region’s economic leader - FM

04.04.2017 14:41 GMT

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Azerbaijan has become the region’s economic leader and an important player on global map as a result of the implementation of transport, communication and energy projects, said the country’s Foreign Minster Elmar Mammadyarov.

Moody’s says “cleaning” in Azerbaijan’s banking sector will continue

04.04.2017 14:24 GMT

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Moody’s Investors Service forecasts that number of banks in Azerbaijan will continue to decline this year.

Azerbaijan’s direct investments abroad exceed $2.5B

04.04.2017 12:40 GMT

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Azerbaijan’s net financial assets amounted to $7.24 billion in 2016 that is by 47.2 percent less than in 2015, according to the payment balance posted on the website of the country’s Central Bank (CBA).

CB currency reserves rise 9%

04.04.2017 12:14 GMT

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CB currency reserves have risen by 9%.

Azerbaijan, Kazakhstan creating JV in field of freight traffic

03.04.2017 21:11 GMT

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Azerbaijan Caspian Shipping CJSC and Kazakhstan Railways JSC are creating a joint venture in the field of freight traffic on the Trans-Caspian International Transport Route (TCITR), said the Azerbaijani company in a message posted on its website Apr. 3.

Natig Aliyev: ‘Road map’ on Azerbaijan-Kazakhstan cooperation should be prepared

03.04.2017 20:43 GMT

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During Kazakh President Nursultan Nazarbayev’s visit to Baku, the country’s Energy Minister Kanat Bozumbayev held a meeting with Azerbaijan’s Energy Minister Natig Aliyev, the Ministry of Energy told APA-Economics.

Azerbaijan submits data on March’s oil output to OPEC

03.04.2017 19:19 GMT

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In accordance with the Vienna agreement reached by OPEC and non-OPEC countries on December 10, 2016, Azerbaijan has submitted the data on oil output for March to the Joint Technical Commission of the Joint Monitoring Committee.

SOCAR announces sale price of crude oil for last month

03.04.2017 17:35 GMT

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State Oil Company of Azerbaijan has announced sale price of crude oil in the world market in March 2017.

SOFAZ sells over $784M of funds in January-March

03.04.2017 17:05 GMT

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State Oil Fund of Azerbaijan (SOFAZ) sold $250 million in auctions held by Central Bank of Azerbaijan in March 2017.

TAP causes Albanian construction sector to increase 7%

03.04.2017 16:54 GMT

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Albania's gross domestic product grew 3.46 percent in 2016 over 2015, the Institute of Statistics said on Monday, according to preliminary estimates based on quarterly figures, Reuters reported.

TANAP saves $3.2B

03.04.2017 12:05 GMT

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"We hope TANAP will be completed prematurely," general manager Saltuk Duzyol said.

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