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Azerbaijan sees increase of incoming Chinese tourists

2019.10.17 17:15 GMT

The number of Chinese tourists who visited Azerbaijan from January to September 2019 increased by 64 percent compared to the same period of last year, Trend reports referring to the Azerbaijani State Tourism Agency.

Demand for Azerbaijani Central Bank's notes greatly exceeds supply

2019.10.16 16:31 GMT

Baku Stock Exchange (BSE) held an auction for placement of the notes of the Central Bank of Azerbaijan (CBA) worth 170 million manat, Trend reports referring to BSE.

Ministry of Finance to support banks in crisis with the help of a new agency

2019.10.16 15:39 GMT

The powers of the Ministry of Finance have been expanded, this is reflected in the decree “On measures to improve the activities of the Ministry of Finance of the Republic of Azerbaijan” signed by President Ilham Aliyev today, APA reports.

Azerbaijani oil prices up

2019.10.16 07:32 GMT

The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $62.92 per barrel at Italian port of Augusta on Oct. 15, which is $0.67 more than the previous price, a source in Azerbaijan's oil and gas market told Trend on Oct. 16.

Azerbaijan in top 3 most popular destinations for tourists from MENA countries

2019.10.16 20:22 GMT

Azerbaijan is one of the three most popular destinations in Europe for tourists from countries of the Middle East and North Africa region (MENA), Trend reports referring to Wego company, the biggest online tourist market in the MENA region.

Azerbaijan, Australia, China discuss plans for co-op in shipbuilding

2019.10.15 15:19 GMT

The Azerbaijan Caspian Shipping Company regularly modernizes its transport and oil fleet, Chairman of the company Rauf Valiyev said.

Azercosmos, CaspianSAT sign partnership agreement

2019.10.14 06:34 GMT

Azercosmos and CaspianSAT, the company that offers offshore telecommunication services, signed a partnership agreement. According to the agreement, CaspianSAT will provide telecommunications services to the vessels operating in the Caspian Sea, the Black Sea and the Sea of Azov, the Persian Gulf, the Volga river, and Eastern part of the Mediterranean Sea, using the resources of Azerspace-1 and Azerspace-2 satellites.

Azerbaijan`s stand installed at 12th Black Sea Tourism Forum in Varna

2019.10.10 06:15 GMT

Azerbaijan`s Embassy to Bulgaria has installed a national stand at the 12th Tourism Black Sea Forum in Varna, Bulgaria, AZERTAC reported.

IFC to present new agro financing platform in Azerbaijan

2019.10.08 19:12 GMT

The International Finance Corporation (IFC) will present a new platform for risk management of agriculture in Azerbaijan, Trend reports referring to IFC chief specialist Leyla Huseynli speaking at the Investors’ Fair "Microfinance at the crossroad: sustainable development in the digital era" in Baku.

New China-Azerbaijan flight may open

2019.10.08 18:01 GMT

Opening of a new flight to Baku from another Chinese city, in addition to Beijing, is expected in 2020, a source in China’s travel company ETI Holidays said, Trend reports referring to Azerbaijani Agency for Tourism.

Rice, tobacco, sugar beets harvesting continues in Azerbaijan

2019.10.07 19:18 GMT

Rice, tobacco and sugar beets harvesting continues in Azerbaijan, Trend reports referring to the country's Ministry of Agriculture.

Fitch Ratings says Azerbaijan ranks first in South Caucasus

2019.10.04 18:05 GMT

Fitch Ratings regularly conducts analysis on the current situation in the economies of countries, Report informs citing the Financial Markets Supervisory Authority (FIMSA).

SOCAR to import AI-92 gasoline

2019.10.04 17:58 GMT

SOCAR may import AI-92 gasoline up to 120 thousand tonnes regarding ceasing of operations in Heydar Aliyev Baku Oil Refinery in order to carry out repairs, Ibrahim Ahmadov, Deputy Head of the SOCAR Public Relations and Events Department told APA-Economics.

European Union and CoE implement two projects worth EUR 1.6 mln in Azerbaijan

2019.10.04 20:31 GMT

The European Union and the Council of Europe have presented two projects in Baku.

More than 99% of trenching complete along TAP's route

2019.10.03 18:28 GMT

More than 99 percent of trenching was completed along the Trans Adriatic Pipeline’s (TAP) route, TAP AG consortium reported.

Baku Expo Center to host Azerbaijan International Construction Exhibition

2019.10.02 16:24 GMT

From the 22nd to the 25th of October one of the country’s largest exhibitions, the Azerbaijan International Construction Exhibition, BakuBuild, will be held at the Baku Expo Center for the 25th time, AzerTag reports.

Azerbaijan among Top-20 improvers in Doing Business 2020 report

2019.09.27 17:08 GMT

Azerbaijan has been ranked among Top-20 improvers in the World Bank`s Doing Business 2020 report, according to AzerTag.

IFC: Creditors in Azerbaijan file applications for nearly 7B manats

2019.09.25 15:32 GMT

Creditors in Azerbaijan have filed about 32,000 applications to the movable property registry for a total of about 7 billion manats, Trend reports from the final conference of the International Finance Corporation (IFC) as part of the Azerbaijan and Central Asia Financial Infrastructure Development Project (ACAFI).

Russian Federal Air Transport Agency approves new flights from Russian cities to Baku

2019.09.23 17:39 GMT

The Russian Federal Air Transport Agency has permitted the Russian IrAero airline to make flights from three Russian cities to Azerbaijan, Trend reports referring to the order of the Federal Air Transport Agency.

Baku to host Eastern Partnership E-Infrastructure Conference

2019.09.21 09:14 GMT

Eastern Partnership E-Infrastructure Conference - “EaPConnect E-Infrastructure Conference” (EaPCEC 2020) of the European Union to be held in Baku, Information Technologies Institution of the National Academy of Sciences of Azerbaijan told APA-Economics.

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