Azerbaijani president attends opening of Garagashli substation in Salyan

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More from Economy

USD rate for tomorrow announced

21.09.2017 17:39 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for September 22.

UK company to open purpose built facility within Shah Deniz 2 soon

21.09.2017 12:52 GMT

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The new purpose-built facility within the second stage of development of Azerbaijan’s Shah Deniz field is expected to be commissioned by UK EXPRO international oilfield service company during the month of October, the company's manager for Azerbaijan Andy Sadler told Trend.

Azerbaijani oil price rises 1.5%

21.09.2017 11:17 GMT

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The price of Azeri Light rose $0.84 or 1.45% to $58.71 a barrel, AzVision.az reports.

Licorice root processing plant under construction in Azerbaijan

21.09.2017 10:35 GMT

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Activities are carried out for the organization of cultivation and processing of licorice, widely used in industry.

Baku subway may be provided with free Wi-Fi

21.09.2017 09:17 GMT

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Free wireless Internet access (Wi-Fi) may be installed in the Baku Metro.

Fed keeps rates steady, approves portfolio cuts in October

21.09.2017 00:22 GMT

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The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite recent weak inflation readings, Reuters reported.

Ilham Aliyev: Azerbaijan plays important role on global energy market

20.09.2017 19:25 GMT

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Azerbaijan plays an important role on the global energy market, President of Azerbaijan Ilham Aliyev said addressing the General Debate of the 72nd Session of the UN General Assembly, held in New York.

USD rate for tomorrow announced

20.09.2017 17:49 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for September 21.

Oil production from new platform on ACG block may start in 2023

20.09.2017 17:43 GMT

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The total cost of the project, including the platform construction, is pre-estimated at $8-9 billion.

Azerbaijan eyes to earn $850M per year from Star refinery

20.09.2017 16:02 GMT

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The refinery’s construction will be completed in the second half of 2018.

Baku among top three popular and expensive cities in CIS for tourism

20.09.2017 12:16 GMT

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Analytical agency TurStat has compiled a rating of CIS cities popular among Russian tourists in the autumn of 2017.

Minister: Azerbaijan has become a vital bridge between Asia and Europe

20.09.2017 11:22 GMT

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Azerbaijan's FM Elmar Mammadyarov has made a statement at the Extraordinary Session of Council of Ministers of the ECO Member States.

Azerbaijan marks Day of Oilmen

20.09.2017 09:49 GMT

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Each year on September 20, Azerbaijan marks the Day of Oilmen - professional holiday of workers of oil and gas sector.

Azerbaijan talks on export of agricultural products to China

20.09.2017 00:07 GMT

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Last year, the trade turnover in agriculture sphere between Azerbaijan and China totaled only $10 million, Azerbaijani Minister of Agriculture Heydar Asadov told reporters in Baku Sept. 19.

President Ilham Aliyev awards some oil workers

19.09.2017 19:59 GMT

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Azerbaijani President Ilham Aliyev has signed an order on awarding a group of oil workers for their efficient long-term activities in the oil industry.

Samir Sharifov: IBA privatization process can be launched in early 2018

19.09.2017 13:54 GMT

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The restructuring process is over and it is already possible to start pre-privatization procedures.

WB hails financial sector modernization in Azerbaijan

19.09.2017 09:54 GMT

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Head of the Financial Market Supervisory Authority Rufat Aslanli received WB Regional Director for the South Caucasus, Europe and Central Asia Mercy Tembon.

Minister Shahin Mustafayev meets with World Bank Vice President

18.09.2017 19:47 GMT

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Minister of Economy Shahin Mustafayev has today met with the Vice President of the World Bank for Europe and Central Asia Cyril Muller, who is on his visit to Azerbaijan.

Base No 566 in "8 March" oil field overhauled

18.09.2017 17:04 GMT

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The works have been carried out in accordance with all modern safety and labor protection requirements.

Draft state budget for 2018 submitted to government

18.09.2017 16:04 GMT

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Draft state budget for 2018 has been submitted to government.

European and UN experts to discuss investment policies in Azerbaijan

18.09.2017 15:39 GMT

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Experts from the European and the UN countries will arrive in Baku to attend a conference on international investment policies.

Azerbaijan triples gold production

18.09.2017 11:12 GMT

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In January-August of 2017, Azerbaijan produced 3,934.5 kg of gold, up threefold from previous year.

Azerbaijan considers exporting its products to 34 foreign markets

16.09.2017 18:22 GMT

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Azerbaijan is exploring the possibility of exporting its products to the markets of 34 countries, Deputy Economy Minister Sahil Babayev told a press conference in Baku Sept. 16.

Etihad Airways to launch flights to Azerbaijan from 2018

15.09.2017 19:18 GMT

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Etihad Airways will launch the UAE-Azerbaijan flights from 2018, UAE Ambassador to Azerbaijan Mohammed Ahmed Hamel Al Qubaisi said.

USD rate for September 17 announced

15.09.2017 17:29 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for September 18.

EBRD may become shareholder of IBA

15.09.2017 12:31 GMT

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Chakrabarti, who visited Azerbaijan last week, said that the EBRD was “ready to help” with the changes the Azeri banking sector is going through, Reuters reported.

Suriname keen to exchange finance experience with Azerbaijan

14.09.2017 23:12 GMT

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Suriname is interested in exchanging experience with Azerbaijan in finance, the Surinamese Finance Minister Gillmore Hoefdraad, who is on a visit in Azerbaijan, said in an interview with Trend.

Theresa May: This contract reinforces deep cooperation between the UK and Azerbaijan

14.09.2017 23:01 GMT

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Prime Minister of the United Kingdom Theresa May has sent a letter to the President of Azerbaijan Ilham Aliyev.

SOCAR, Statoil discuss development of "Karabakh" oilfield and "Ashrafi" and "Dan Ulduzu" structures

14.09.2017 20:56 GMT

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Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) has today met with Executive Vice-President for Development & Production International at Statoil, Lars Christian Bacher.

USD rate for tomorrow announced

14.09.2017 17:42 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for September 15.

Turkey to pursue energy opportunities with Azerbaijan

14.09.2017 16:06 GMT

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Azerbaijan continues as reliable partner for Turkey and other consuming countries for oil & gas, Turkish Energy Min. says.

New ACG participating interests announced

14.09.2017 11:41 GMT

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The contract was signed in Baku in the presence of President Ilham Aliyev of Azerbaijan and a group of visiting senior government and state officials.

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