First train to link Baku-Tbilisi-Kars starts next week

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More from Economy

Azerbaijani travel companies, Italian tour operators agree on co-op

20.10.2017 22:00 GMT

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JW Marriott Absheron Baku Hotel hosted a meeting Oct. 19 between representatives of tour operators from Italy and Azerbaijani travel companies for acquaintance and establishing cooperation, a source in the National Tourism Promotion Bureau of Azerbaijan told Trend Oct. 20.

Azerbaijan offers Arab countries to create joint investment funds

20.10.2017 12:23 GMT

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"Privatization program has already expanded in Azerbaijan, relevant portals have been created."

Azerbaijan posts increase in car export

20.10.2017 11:45 GMT

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6643 transport means were imported to the country in nine months of this year.

Energy Minister: Reforms needed

20.10.2017 11:36 GMT

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"There is always a need for changes and reforms," Energy Minister Parviz Shahbazov said.

Parameters of 2018 state budget announced

20.10.2017 11:28 GMT

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Parameters of the state budget for 2018 have been announced.

Oil rises on tighter fundamentals, but China warning holds back market

20.10.2017 09:45 GMT

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Brent crude futures LCOc1, the international benchmark for oil prices, were at $57.39 at 0420 GMT, up 16 cents, or 0.28 percent from their last close.

AZAL becomes board member of Azerbaijan Tourism Association

19.10.2017 19:59 GMT

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For the first time in Azerbaijan, the private and public sectors have entered into a partnership for the development of the tourism sector. Azerbaijan’s national air carrier has joined today the members of the board of the Azerbaijan Tourism Association (AZTA).

China and Azerbaijan expected to sign agreement on tourism exchange

19.10.2017 14:19 GMT

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An agreement is expected to be signed between China and Azerbaijan for the exchange of tourism.

Azerbaijani oil sells at $58.8

19.10.2017 11:39 GMT

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Azerbaijan has seen increase in its oil price.

USD rate for tomorrow announced

18.10.2017 17:36 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for October 19.

Azerbaijan, Russia sign protocol on construction of highway bridge over Samur River

18.10.2017 11:55 GMT

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Azerbaijan and Russia have held the signing ceremony of the protocol on the construction of a highway bridge over the Samur River on the border between the two countries.

Azercosmos OJSC taken out from subordination of Ministry of Transport, Communication and High Technologies

17.10.2017 19:43 GMT

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Azercosmos OJSC has been taken out from subordination of Ministry of Transport, Communication and High Technologies, APA reports.

Azerbaijan may start sale of subsidized housing by late 2017

17.10.2017 17:34 GMT

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Over 6.5 thousand people have been registered in Baku to get subsidized housing.

Worker dies after falling into elevator shaft into SOCAR administrative building

16.10.2017 15:11 GMT

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A 26-year-old worker Ahmadov Orkhan has died after falling into an elevator shaft in SOCAR’s administrative building on Heydar Aliyev Avenue.

Food security important for peace, stability and sustainability - Leyla Aliyeva

16.10.2017 12:40 GMT

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Food security and rural development are important factors for ensuring peace, stability and sustainability in the world.

IMF: Azerbaijani state budget to reach surplus in 2018

16.10.2017 10:40 GMT

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The International Monetary Fund (IMF) expects the Azerbaijani state budget to reacha surplus in 2018, Trend reports.

US, Azerbaijan improve irrigation in Saatli

14.10.2017 15:51 GMT

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Today, thanks to joint efforts between Azerbaijan and the United States, residents of the village of Varkhan in the district of Saatli celebrated the completion of an improved irrigation system.

Oil prices to hit a ceiling in 2018

14.10.2017 12:07 GMT

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The global oil market continues to make progress, but the ongoing production gains from non-OPEC countries will probably act as a “the ceiling for aspirations of higher oil prices” in 2018, AzVision.az reports citing OilPrice.com.

Executive body on ensuring transparency in extractive industry changed in Azerbaijan

13.10.2017 19:10 GMT

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The executive body responsible for fulfilment of measures on ensuring transparency in extractive industry in the National Action Plan for 2016-2018 on Promotion of Open Government has been changed.

USD rate for Oct.16 announced

13.10.2017 17:20 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for October 16.

Bulgarian president reaffirms support for realization of Southern Gas Corridor project

13.10.2017 16:25 GMT

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"Bulgaria and Azerbaijan are two partners in terms of political, cultural and moral relations."

Azerbaijan to export pomegranate juice to Germany, Israel and Qatar

13.10.2017 14:47 GMT

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Azerbaijan will export pomegranate juice to Germany, Israel and Qatar.

Azerbaijan sees increase in population

13.10.2017 14:14 GMT

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About 95,395 children were born in Azerbaijan in the eight months of 2017.

JICA eyes to improve water supply system in 5 Azerbaijani cities until 2021

13.10.2017 09:37 GMT

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The Japan International Cooperation Agency (JICA) expects to implement the Provincial Cities Water Supply and Sewerage Project in Azerbaijan by late 2020, JICA has told Trend.

Oil rises on tighter U.S. market, strong China imports

13.10.2017 09:33 GMT

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Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market.

Azerbaijan names new energy minister

12.10.2017 17:19 GMT

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Azerbaijan’s President Ilham Aliyev signed an order on Oct. 12 to appoint Parviz Shahbazov as the country’s new energy minister.

BP announces its investments in ACG and Shahdeniz

12.10.2017 13:51 GMT

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Since June 2006 2.7 billion barrels or 365 million tonnes of crude oil have been exported via Baku-Tbilisi-Ceyhan pipeline.

BP Regional President names factors to turn Azerbaijan into regional energy hub

12.10.2017 12:49 GMT

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“Does Azerbaijan has a potential to grow as a regional energy hub in the future? The answer is 'yes'."

Azerbaijan approves new rules of mortgage lending

12.10.2017 10:22 GMT

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Azerbaijan's Prime Minister Artur Rasizade has approved new rules related to mortgage lending.

Baku to host Azerbaijan-US business forum

12.10.2017 09:53 GMT

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Baku will host Azerbaijan-US business forum on Oct.16, said the message on the website of Azerbaijan Export and Investment Promotion Foundation (AZPROMO).

OPEC reveals forecasts for oil output in Azerbaijan

12.10.2017 09:25 GMT

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Azerbaijan’s oil supply for 2017 will decline by 0.06 million barrels per day (b/d) year-on-year, OPEC said in its October Monthly Oil Market Report.

Etihad Airways to launch flights to Baku

12.10.2017 00:19 GMT

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The UAE-based Etihad Airways has announced the launch of scheduled flights between Abu Dhabi, the capital of the United Arab Emirates, and Baku, the capital of Azerbaijan, effective 2 March 2018.

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