Total amount of investments of Saudi Arabian companies in Azerbaijan reaches $368M

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More from Economy

OPEC: Global energy demand to reach 364.7 million barrels per day in 2040

24.09.2018 18:12 GMT

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Out of global energy demand, oil is expected to have one of the largest shares, making up 28 percent by 2040

EU says e-commerce is important component of Azerbaijan’s economic diversification

24.09.2018 15:22 GMT

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Talking about cooperation with Azerbaijan in e-commerce, Jankauskas noted that the EU has both multilateral and bilateral programs in this sphere

Baku Shipyard may start building new vessels

22.09.2018 10:34 GMT

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The Baku shipbuilding factory Baku Shipyard is negotiating with "Azerbaijan Caspian Shipping Company" (Kaspar) CJSC for the construction of new vessels, Baku Shipyard LLC told Trend.

Azerbaijani airline opens flights to new destination in China

21.09.2018 16:27 GMT

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Azerbaijani cargo air carrier Silk Way West Airlines opens a new flight from Baku to major Chinese city of Tianjin

7th Caspian Energy Forum held in Baku

21.09.2018 12:04 GMT

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The 7th Caspian Energy Forum was held in Baku

BP Azerbaijan talks possibility of gas export from Shafag-Asiman via SGC

21.09.2018 09:47 GMT

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The work is underway to design an exploration well at the Shafag-Asiman block of fields, BP Azerbaijan told

Reforms in Azerbaijan’s customs sphere cover 3 directions - deputy chairman

20.09.2018 16:04 GMT

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Azerbaijan’s State Customs Committee has nearly completed the first stage of reforming the country’s customs sphere

Heydar Aliyev Foundation, BP ink memorandum for co-op on joint projects

20.09.2018 15:02 GMT

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The Heydar Aliyev Foundation and BP Azerbaijan have signed a memorandum of cooperation on implementation of joint projects

Azerbaijan to host 1st Azerbaijan International Advertising and Printing Exhibition

20.09.2018 14:43 GMT

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Azerbaijan to host The 1st Azerbaijan International Advertising and PrintingExhibition AdPrint 2018 and 1st Azerbaijan International Gifts and Promoti

Asan İmza and Digital Trade Hub of Azerbaijan were represented at the eID Forum in Estonia

20.09.2018 12:41 GMT

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The International eID Forum took place on 19-20 September, 2018 in Tallinn, Estonia.

Azerbaijani oil price keeps growing

20.09.2018 12:21 GMT

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The price of Azerbaijani Azeri LT CIF crude oil put up for sale on the world markets has risen by $0.03 or 0.04 % to $80.69 a barrel

Next startup tour under “From Idea to Business” supported by Azercell to be held in Sumgait

20.09.2018 11:40 GMT

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Aiming to support the expansion of the startup movement and the realization of citizens’ innovative idea, “From Idea to Business” projects continues.

Traffic on Baku-Guba road to be limited

19.09.2018 22:26 GMT

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The State Motor Road Agency of Azerbaijan has reported that repair works on the 28-45 km section of road Baku - Guba - state border with the Russian Federation are continuing.

Ilham Aliyev approves funding to build new school in Bilasuvar city

19.09.2018 16:57 GMT

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Azerbaijani President Ilham Aliyev has signed an order, approving funds for the construction of a new school in the city of Bilasuvar.

Azersu to improve water supply in 21 Azerbaijani districts

19.09.2018 16:51 GMT

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In 2018, Azerbaijan's Azersu OJSC will improve water supply in 21 districts of the country

SOCAR reveals directions of using funds to increase its authorized capital

19.09.2018 16:36 GMT

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Azerbaijan’s state oil company SOCAR received 1/3 of the funds envisaged in the state budget to increase the company’s authorized capital

Vice-Chancellor: Austria is interested in attracting EU investments to Azerbaijan

19.09.2018 14:07 GMT

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Austria is interested in attracting investments from EU to Azerbaijan, introducing technologies to the country and exporting products from the country

Buta Airways replenished its fleet with new Embraer E-190

19.09.2018 12:41 GMT

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Azerbaijan`s low-cost airline Buta Airways received a new Embraer E-190, which was delivered to the airline`s fleet directly from the manufacturer

Trade turnover between Georgia and Azerbaijan exceeds $ 666 million

19.09.2018 12:30 GMT

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The trade turnover between Georgia and Azerbaijan amounted to $666,759,700 in January-August

Rapid development of economic ties between Azerbaijan, Russia observed - ambassador

19.09.2018 10:09 GMT

Rapid development of economic relations between Russia and Azerbaijan is being observed today, the Azerbaijani Ambassador to Russia Polad Bulbuloglu

Ambassador: Azerbaijan, Kazakhstan aim to develop relations in all areas

18.09.2018 23:52 GMT

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Baku and Astana aim to develop and expand cooperation in all areas, including tourism, Kazinform quoted the Ambassador of Azerbaijan to Kazakhstan Rashad Mammadov as saying.

President Aliyev approves funding to construct multi-story residential building in Bilasuvar

18.09.2018 20:23 GMT

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Azerbaijani President Ilham Aliyev has signed an order on the improvement of living conditions of the population in the city of Bilasuvar.

Command Control Center of civil UAVs to be established at Heydar Aliyev International Airport

18.09.2018 19:25 GMT

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Due to the frequent incidents of unauthorized flights of unmanned aerial vehicles (UAVs) near the airports, an urgent need has arisen throughout the world to create an appropriate system for protecting these strategic facilities.

Azercell opens a new Exclusive Shop in Gandja

18.09.2018 17:35 GMT

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Purchase a smartphone from the shop and get a bonus of AZN 150!

Azerbaijan posts increase in car production

18.09.2018 14:07 GMT

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In January-August 2018, the output in production of machinery and equipment, other vehicles, cars, trailers and semi-trailers amounted to 209.6 million manats, the State Statistics Committee of Azerbaijan said in a message Sept. 18.

Azerbaijan represented at Universal Postal Union congress

18.09.2018 10:48 GMT

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The Second Congress of the Universal Postal Union (UPU) has ended in Ethiopia's capital, Addis Ababa.

AZAL to resume flights to Geneva

17.09.2018 16:20 GMT

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Starting from October 30 this year, Azerbaijan Airlines (AZAL) will start Baku-Geneva-Baku flights.

Czech companies seek to expand presence in Azerbaijan

17.09.2018 08:52 GMT

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25 Czech companies have arrived in Baku, which aim to find partners in Azerbaijan to establish joint businesses.

Mexico plans to increase trade turnover with Azerbaijan in 2018

15.09.2018 11:09 GMT

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The friendly relations between Azerbaijan and Mexico are expanding more and more.

Central Bank hosts event on creation of Blockchain-based Digital Identification System

15.09.2018 10:21 GMT

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The Central Bank has hosted an event on creation of Blockchain-based Digital Identification System.

Next stage of startup tours "From idea to Business" starts

15.09.2018 09:59 GMT

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The program of the startap tours is very rich.

Mexico intends to increase trade turnover with Azerbaijan in 2018

14.09.2018 23:14 GMT

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The trade turnover between Azerbaijan and Mexico may reach $25 million in 2018, the Mexican Ambassador to Azerbaijan Juan Rodrigo Labardini Flores said Sept. 14 at the event dedicated to the Independence Day of Mexico.

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