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Transport hub planned to be created in Baku's Sabunchu settlement

2019.05.23 20:27 GMT

Azerbaijan needs additional 50 passenger trains and 4,000 freight railcars, chairman of the Azerbaijan Railways CJSC Javid Gurbanov said, Trend reports on May 22.

Greece, Bulgaria break ground for interconnector that will take Azerbaijan's natural gas to Europe

2019.05.22 19:59 GMT

A groundbreaking ceremony has been held for the Interconnector Greece-Bulgaria (IGB) in the Bulgarian village of Kirkovo, which will allow Bulgaria to receive Azerbaijani gas, AzerTag reports.

International symposium on ceramics kicks off in Shaki

2019.05.22 21:03 GMT

The first international symposium on ceramics has started in the city of Shaki, Azerbaijan. The opening ceremony of the event was held at “ABAD” Ceramics and Applied Art Center, AzerTag reports.

Azerbaijan sees 28% growth in wheat import

2019.05.21 20:32 GMT

In January-April 2019, Azerbaijan imported 518,704 tonnes of wheat worth $117.08 million, respectively up $46.109 or 65% and 111,862 tonnes or 27.5% from the previous year, Report informs citing the State Customs Committee.

Economic reforms contribute to dev't of favorable business environment in Azerbaijan

2019.05.21 20:27 GMT

The deep economic reforms carried out in Azerbaijan recently have contributed to the development of a favorable business environment in the country, Azerbaijani MP Ali Huseynli said, Trend reports on May 20.

Peter Haas: Azerbaijan, US are reliable partners

2019.05.17 13:39 GMT

Azerbaijan and the US are reliable partners, said Peter Haas, Deputy Assistant Secretary for Trade Policy and Negotiations in the US Bureau of Economic and Business Affairs, during a meeting of the US-Azerbaijan Economic Partnership Committee in Baku, Trend reports.

Baku to host Azerbaijan-Poland business forum

2019.05.16 17:08 GMT

An Azerbaijan-Poland business forum organized by the Polish Investment and Trade Agency (PAIH) will be held in Baku on May 31.

506,000 citizens in Azerbaijan receive problem loans compensation

2019.05.15 09:32 GMT

In Azerbaijan, until May 13, 2019, 506,000 citizens received compensation under the decree by President Ilham Aliyev “On additional measures to resolve problem loans of individuals in Azerbaijan, Trend reports with reference to the Financial Market Supervisory Authority of Azerbaijan (FIMSA).

IFC positively assesses reforms in Azerbaijan

2019.05.08 15:47 GMT

The International Finance Corporation (IFC) has positively assessed the reforms carried out in Azerbaijan to strengthen the macroeconomic and financial stability, Trend reports referring to the Central Bank of Azerbaijan (CBA) on May 8.

President approves funding for construction of residential building in Gobustan

2019.05.08 20:36 GMT

Azerbaijani President Ilham Aliyev has signed an Order on the improvement of living conditions of the population in the city of Gobustan, AzerTag reports.

Azerbaijan trading house to open in Nur-Sultan

2019.05.07 16:34 GMT

The trading house of Azerbaijan will open in the capital of Kazakhstan Nur-Sultan in September 2019, Trend reports referring to the Ministry of Economy of Azerbaijan.

President Ilham Aliyev allocates funds for renovation of water supply and sewage systems in Horadiz

2019.05.06 18:13 GMT

Azerbaijani President Ilham Aliyev has signed an Order regarding measures to renovate water supply and sewage systems in the city of Horadiz, AzerTag reports.

Azerbaijan ranks 47th among 188 countries in Global Startup Ranking

2019.05.03 20:34 GMT

Azerbaijan has ranked 47th among 188 countries in terms of startup friendliness, according to a new list published by the Global Startup Ranking. The list includes names of 200 startups based in Azerbaijan, AzerTag reports.

George Kent: "It increases not only Azerbaijan’s but also entire continent’s energy security"

2019.05.02 18:34 GMT

“We have many opportunities to deepen our relations in the economic side,” said George Kent, US Deputy Assistant Secretary of Bureau of European and Eurasian Affairs, ONA reports.

President Aliyev allocates funding for construction of road in Aghstafa

2019.05.01 15:41 GMT

Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Aghstafa-Yenigun-Khatai-Gachag Karam-Poylu-Khilkhina road in Aghstafa district, Trend reports.

Azerbaijani President: I instructed to speed up the process of documenting buildings

2019.05.01 15:39 GMT

“I instructed to speed up the process of documenting buildings and eliminate shortcomings as soon as possible,” said President Ilham Aliyev as he addressed a meeting of the Cabinet of Ministers dedicated to the results of socioeconomic development of the first quarter of 2019 and future tasks, AzerTag reports.

Azerbaijani oil prices up

2019.04.26 15:24 GMT

The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $77.23 per barrel at Italian port of Augusta on April 25, which is $0.52 more than on April 24, a source in Azerbaijan's oil and gas market told Trend on April 26.

Central Bank of Azerbaijan lowers discount rate

2019.04.26 08:28 GMT

The Central Bank of Azerbaijan (CBA) has lowered the discount rate from 9 to 8.75 percent, CBA Chairman Elman Rustamov said at a press conference in Baku on April 26, Trend reports.

4th SOCAR Forum kicks off in Baku

2019.04.22 16:42 GMT

Dedicated to the 96th anniversary of the national leader of Azerbaijan Heydar Aliyev, the 4th SOCAR International Caspian and Central Asia Downstream Forum: Trading, Logistics, Refining, Petrochemicals has got underway in Baku, AzerTag reports.

President Ilham Aliyev allocates funding for construction of road in Gazakh district

2019.04.22 16:38 GMT

Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Dash Salakhli-Urkmazli-Damirchilar road in Gazakh district, Trend reports.

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