Azerbaijan, Pakistan to establish joint ventures

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More from Economy

Azerbaijan, Japan mull opening of regular flights

28.07.2017 11:27 GMT

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Baku hosted negotiations between delegations of aviation authorities of Azerbaijan and Japan, the press service of Azerbaijan’s State Civil Aviation Administration said July 28.

Azerbaijan negotiates joint production of pharmaceuticals with companies from four countries

26.07.2017 09:24 GMT

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Azerbaijan is currently holding negotiations on the joint production of pharmaceuticals with companies from Turkey, the UAE, Japan and South Korea, according to the Ministry of Economy.

Azerbaijani companies to participate in tender for gas pipeline construction in Pakistan

26.07.2017 00:57 GMT

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Azerbaijani companies will take part in the tender for the construction of a gas pipeline in Pakistan, Azerbaijani Economy Minister Shahin Mustafayev said.

Moody's upgrades International Bank of Azerbaijan's ratings

26.07.2017 00:04 GMT

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Moody's has upgraded International Bank of Azerbaijan's (İBA) raitings following creditors' agreement on its debt restructuring, concludes the review, APA reports quoting press service of IBA.

Ashgabat to host Azerbaijan-Turkey-Turkmenistan business forum

25.07.2017 20:37 GMT

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Businessmen from Azerbaijan, Turkey and Turkmenistan plan to discuss the development of cooperation during a forum to be held in Ashgabat until late 2017.

Industrial district to be built in Azerbaijan's Hajigabul

25.07.2017 20:17 GMT

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President of Azerbaijan Ilham Aliyev has issued an order on creation of an industrial district in Hajigabul.

Azerbaijan may create more industrial zones in districts

25.07.2017 16:37 GMT

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The government of Azerbaijan is studying the opportunity of creating industrial zones in the country’s Aghdam, Aghstafa and Gazakh districts, said Azerbaijani Economy Minister Shahin Mustafayev at the ministry’s expanded meeting dedicated to the results of 1H17.

Azerbaijan increases gas export to Turkey

25.07.2017 14:59 GMT

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Turkey imported 3.727 billion cubic meters of gas in May 2017, up 15.9% from previous year, 18.16 mcm or 3.12% from previous month.

Anglo-Asian Mining owes $11M to Azerbaijani banks

25.07.2017 14:24 GMT

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As of June 30, 2017, Anglo-Asian Mining PLC’s debt on loans stood at $30.4 million, according to annual report and accounts.

IDC: Baku may become best example of smart city in region

25.07.2017 14:17 GMT

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Baku has all the prerequisites to become the best example of smart city in the region, Andrew Beklemishev, regional director of the International Data Corporation (IDC) for Central Asia, Azerbaijan and Mongolia, told Trend.

Azerbaijan wants to see more European companies involved in transport corridor projects

25.07.2017 09:13 GMT

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Azerbaijan expects greater involvement of European companies in the implementation of transport corridor projects in the country, the country’s Ambassador to Belgium and Luxembourg Fuad Isgandarov said in an interview with Trend.

Azerbaijani president allocates AZN 3M for construction of Zire-Turkan motor road

24.07.2017 18:52 GMT

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Azerbaijani President Ilham Aliyev has signed an order on measures on construction of Zire-Turkan motor road in Khazar district of Baku, APA reports.

Ministry: Istanbul Ataturk Airport to operate as exhibition center

21.07.2017 21:45 GMT

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After the commissioning of the third airport in Istanbul, Istanbul Ataturk Airport will operate as an exhibition center, the Turkish Ministry of Transport, Maritime and Communications told Trend July 21.

President: Lack of fish market in Baku is shortcoming

21.07.2017 19:37 GMT

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“Now, we’ll lay the foundation of a fish breeding enterprise, fish market has been built. Look, there has never been a fish market in Baku so far. This is a shortcoming. Because, most of coastal cities have fish market”, President of Azerbaijan Ilham Aliyev said in the meeting with representatives of public in Pirallahi district, APA reports.

Ilham Aliyev: Drinking water supply projects successfully implemented in Azerbaijan

21.07.2017 19:19 GMT

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In recent years, drinking water supply projects have been successfully implemented both in Baku and in almost all Azerbaijan’s districts, said Azerbaijani President Ilham Aliyev.

Azerbaijani FM attends closing ceremony of 11th Summer Energy School - PHOTO

21.07.2017 17:03 GMT

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Minister of Foreign Affairs Elmar Mammadyarov spoke at the closing ceremony of the 11th Summer Energy School organized by the ADA University on July 9-12.

Holcim (Azerbaijan) ends 2016 on loss

20.07.2017 19:14 GMT

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As at the end of 2016, Holcim (Azerbaijan) OJSC’s assets stood at AZN 342.561 million, down 5.62% from previous year, APA reports.

USD rate declines at today's auction

20.07.2017 14:44 GMT

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Today, a bilateral currency auction was held at the Central Bank, in which SOFAZ also participated.

Azerbaijani investments in Turkey to exceed $20B until 2020

20.07.2017 00:15 GMT

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The volume of Azerbaijani investments in Turkey will exceed $20 billion until 2020, Head of the Turkey-Azerbaijan Business Council of Turkey’s Foreign Economic Relations Board said July 19 in Istanbul, Trend reports.

Azerbaijan-Iran MoU on development of railways approved

19.07.2017 19:33 GMT

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President of Azerbaijan Ilham Aliyev has issued an order on approval of the Memorandum of Understanding (MoU) on development of railways signed between Azerbaijan Railways and Islamic Republic of Iran Railways on March 5, 2017.

Azerbaijani president allocates AZN 5 million for construction of new building for journalists

19.07.2017 19:04 GMT

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President of Azerbaijan Ilham Aliyev has signed an order on additional measures to strengthen the social protection of media workers.

Azerbaijan, Georgia and Turkey to strengthen customs cooperation

19.07.2017 15:44 GMT

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Azerbaijan, Georgia and Turkey will strengthen cooperation in customs.

Azerbaijani company partakes in tender to build Bosnia highway section

18.07.2017 19:43 GMT

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Five companies, joint ventures and consortia from China, Turkey, Austria and Azerbaijan have submitted bids for the construction of a 100 million euros section of a north-to-south highway in Bosnia, Reuters reported.

Azerbaijan to have 4 non-working days on Gurban holiday

18.07.2017 15:31 GMT

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The number of non-working days in Azerbaijan in connection with Gurban holiday to be marked in September has been announced.

Vugar Safarli: Third building too will have 255 apartments

18.07.2017 14:27 GMT

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"During the opening ceremony of the second building for journalists, the foundation of the third building will be laid."

Azerbaijan among best countries for immigration

18.07.2017 12:09 GMT

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Boston Globe has published an article titled "The US is now only the 7th-best country for immigrants, study says", which also mentions Azerbaijan.

Oil steadies as ample supply meets firm demand

18.07.2017 11:55 GMT

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Oil markets steadied on Tuesday, supported by firm demand but weighed down by high supplies from OPEC and producers in the United States.

Azerbaijan, Turkey intend to bring mutual trade volume up to $15B

18.07.2017 09:19 GMT

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Azerbaijan and Turkey intend to bring the mutual trade volume up to $15 billion by 2023, Turkish Deputy Prime Minister Nurettin Canikli said in an exclusive interview with Trend.

Import of certain types of gasoline to Azerbaijan exempted from duties

18.07.2017 08:50 GMT

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Motor fuels (excluding gasoline for aircraft engines) with octane number less than 95 and 92 imported to Azerbaijan are exempted from import duties, APA reports.

SOCAR completes reconstructing platform at offshore field

17.07.2017 22:34 GMT

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Azerbaijani state oil company SOCAR has completed the work on reconstruction of platform #11 at the Gunashli field in the Caspian Sea, SOCAR said in a message July 17.

Azerbaijan, Turkey to create information exchange system

17.07.2017 20:02 GMT

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Azerbaijan and Turkey will sign an agreement on creating an electronic system for preliminary exchange of information on transit transportation by vehicles, the Azerbaijani State Customs Committee said July 17.

Azerbaijan-Latvia business forum held in Riga

17.07.2017 19:29 GMT

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An Azerbaijan-Latvia business forum has been held in Riga, APA reports.

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