Azerbaijan's economy continues to grow

W1siziisijiwmtgvmdcvmtyvmtuvntmvmzivntllndfhotqtztm0ms00yjzlltkwyzqtyze4zjnimmmxowm2l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=f05791181d7e3842 W1siziisijiwmtgvmdcvmtyvmtivndqvmtcvytvjzmfmzgmtn2fhmi00otbhlwjkotmtndkynte5mzgzogm4l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=bc9ae49dc7ff0162 W1siziisijiwmtgvmdcvmtyvmtivmjkvmdcvmjbimzniymmtmzfiys00otrhltg2mgutmguzytc3ngzjowfjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=f929e2ea9e75acdf W1siziisijiwmtgvmdcvmtyvmtavntkvmjkvzgyzmdc2nwutyjuzny00njjhltk2ymmtzjy1njdhzda5ymrml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=d6e35ab63b84d97b W1siziisijiwmtgvmdcvmtyvmdkvmjyvntavymuyymqzmtktnzvhoc00zmi5lwezzdytytfkmti2nmmymgy5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=9b605ee917e7e0ed

More from Economy

UNWTO Secretary-General: Tourism is rapidly developing in Azerbaijan

14.07.2018 18:04 GMT

W1siziisijiwmtgvmdcvmtqvmtgvndqvmtavyjc3ndk2nwetmte0ny00nmzjltkyotutn2uxzwyxyjqwzdqwl3p1cmfix3bvbg9sawthc2h2awxpx3dlyi00mdb4mjy2lnbuzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=2d554957ac553053
“Tourism is rapidly developing in Azerbaijan,” said Secretary-General of the World Tourism Organization (UNWTO) Zurab Pololikashvili as he met with Azerbaijani ambassador to Spain and Andorra, the country`s permanent representative to the organization Anar Maharramov.

Azerbaijan, Russia, Iran may establish joint electrical grid

14.07.2018 14:41 GMT

W1siziisijiwmtgvmdcvmtqvmtqvndmvmzuvzmfmyzc4ymmtntbhoc00zwrklthkzmutmmq0y2y5mgrimzjll2zsywdfyxplcmjfaxjhbl9ydxnzawffbwfpbl8zmdewmtcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=837ea1f4c3304762
A senior Iranian official said Moscow has called for the establishment of an electrical grid between Azerbaijan, Russia and Iran with the aim of connecting the three nations' power stations.

Oil rises but declines for the week as supply concerns ease

14.07.2018 09:21 GMT

W1siziisijiwmtgvmdcvmtqvmdkvmjqvndqvnzbmndvizgetyzyyyy00odc2lwizmjmtyzdkzwu5yjmyndk2l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=88df38406f91e741
Brent crude LCOc1 rose 88 cents to settle at $75.33 a barrel, a 1.18 percent gain.

OPEC ups forecasts for Azerbaijan’s oil output

14.07.2018 08:56 GMT

W1siziisijiwmtgvmdcvmtqvmdkvmdqvmzavnzmyowjinjitmzgznc00y2u4lwjmndqtmtbmytmwztywzmm4l2ltywdlms5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=a283b4f0bd2b313f
Azerbaijan is expected to produce on average 0.79 million barrels of oil per day in 2018, OPEC said in its July Oil Market Report.

Azerbaijan`s foreign trade hits $4 billion within six months

13.07.2018 11:32 GMT

W1siziisijiwmtgvmdcvmtmvmtevmzqvmtivzjk2ogu4mjmtyjk4ys00mza4lwixmwitownhmtmyntu4nmywl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b8044c85b3a7c7ef
The volume of foreign trade operations of Azerbaijan in January-June of this year amounted to 13 billion 322 million 757.33 thousand US dollars.

Electricity supply is fully restored in Baku

12.07.2018 21:43 GMT

W1siziisijiwmtgvmdcvmtivmjevnduvmjmvndrhnjrknjgtownlnc00nzu5ltk1zditnzblmzljzgzlmzbml2iuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=4c37ae6e56ec7e8d
Thanks to the efforts of firefighters of the Ministry of Emergency Situations managed to localize the fire in the wheat fields of the Agsu district, this is stated in the message "Azerenerji", APA reports.

Azerenergy releases information about power cut in country

12.07.2018 20:19 GMT

W1siziisijiwmtgvmdcvmtivmjavmjmvmdivode4njy2yzctnti2yi00yjiwlweyy2mtndu1nmfiogjlogm1l2fjy2rjyzqwmwvhy2rhmjeynduznzkxytuzmmu0nmy3lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b63079289f68f5f2
Azerenergy OJSC has released information about power cut in the country.

Azerbaijan doubles revenues from export of oil products

12.07.2018 14:21 GMT

W1siziisijiwmtgvmdcvmtivmtqvmzavndmvyjnknwrjzwytztkxys00yzkzlweyztatmzu5ywq2nwrmmgm0l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=edac63076942e8f1
In January-June 2018 Azerbaijan exported 548,024.03 tonnes of oil products worth $282,794,130.

Azerbaijan's income from gas exports increased

12.07.2018 14:09 GMT

W1siziisijiwmtgvmdcvmtivmtqvmtevndcvyzgwzjfkmzktzmexms00n2qxlwe2zdgtytnhmwvkyzc0yzcxl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=3f955e38f33f6351
In January-June, Azerbaijan exported 3,101,025.02 cubic meters of natural gas.

Azerbaijan improves in Global Innovation Index 2018 rating

12.07.2018 11:47 GMT

W1siziisijiwmtgvmdcvmtivmtevntkvmdivztfindlmmzetngqwny00zmuzlwjkzmutodjhzje2mtu1y2ril2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=bac55d011091541d
Azerbaijan has improved results in the Global Innovation Index 2018 rating, the Copyright Agency of Azerbaijan told Trend July 11.

Azerbaijani oil drops sharply

12.07.2018 10:19 GMT

W1siziisijiwmtgvmdcvmtivmtavmjqvndevm2mxnmjkmjytymy0yy00mtc1ltg2mwmtnznlyzuwotk1mtu5l29pbc5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=49839b8a4c43172a
Azerbaijani oil has fallen in price by more than $2.

Azerbaijan prohibits individual imports of mobile phones for sale

12.07.2018 00:13 GMT

W1siziisijiwmtgvmdcvmtivmdavmtyvndmvzgjjnza2zwitzmq3ys00zmeylthiymytnwiwodgwodzjywi1l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=74b4cd263dee9d20
Mobile phones imported by individuals to Azerbaijan for personal use cannot be used for commercial purposes, Deputy Chairman of the State Customs Committee (SCC) Igbal Babayev said at a conference entitled as "Electronic trade in Azerbaijan: current situation and prospects of development" July 11.

World scientists gather in Baku

11.07.2018 20:38 GMT

W1siziisijiwmtgvmdcvmtevmjavndqvmjkvodc0odg3mdgtowzlzi00mddmlwfintmtythkmzmyotg0zmnml0rtq183nzcwlkpqryjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=d97f0d5718e93b8f
The 6th International Conference on Control and Optimization with Industrial Applications (COIA-2018) is held with the support of the Ministry of Transport, Communication and High Technologies and the Institute of Applied Math of the Baku State University.

German Federal Ministry of Economic Cooperation & Development endorses rural project for Azerbaijan

11.07.2018 19:38 GMT

W1siziisijiwmtgvmdcvmtevmtkvmzkvndgvmtc1ywq0mdgtywfhns00ztq5lwjlngmtoddmota0njzlzdrkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=04c6aeb0cf19a625
The Federal Ministry of Economic Cooperation & Development of Germany has approved project "Protection of ecosystems for natural resources management & sustainable development of rural areas in the South Caucasus".

EU highlights need to develop e-trade to enhance partnership with Azerbaijan

11.07.2018 12:18 GMT

W1siziisijiwmtgvmdcvmtevmtmvmtuvmdevngvlnmzmmdutodczni00yzyxltkwm2mtnmzmymm0mzy0odgxl0zsywdfrvvfmdgxmda4lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=d0f099f705408fc0
It is necessary to develop e-trade for enhancing partnership between the European Union (EU) and Azerbaijan, Head of the EU Delegation to Azerbaijan Kestutis Jankauskas told reporters July 11 on the sidelines of the conference on "E-commerce in Azerbaijan: current situation and development prospects".

British company opens office in Azerbaijan

11.07.2018 11:05 GMT

W1siziisijiwmtgvmdcvmtevmtevmdcvmdevyjexngqwymetotlkns00mtlilwfmogmtotrim2yxodhhzgy5l2yynwq0odk5ntrhmddhzdu0ntjinjjintezodyzzmjklmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=5fb0a6ef76d1a1d9
Plato Capital International Holdings Limited has opened an office in Murtuza Mukhtarov str. 203A, Yasamal district, Azerbaijan.

Azerbaijani oil tops $80

11.07.2018 10:38 GMT

W1siziisijiwmtgvmdcvmtevmtavmzkvmzgvmwjmzgvhzwetymi2os00ndu2ltgzotktzdlimjg2nde1zjzll2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=670164d61ba94ac2
The cost of a barrel of Azeri LT CIF oil topped $0.92 or 1.16% on the world market.

Number of branches of Azerkhalcha OJSC may double in Azerbaijan

10.07.2018 20:55 GMT

W1siziisijiwmtgvmdcvmtavmjavntcvntmvzjflodqyy2utmwvlos00ywy2lthmzmmtyjq3yjk5otnkmji4l3hhbgnoyv8xmda3mthfmdcuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=cbb91ff0a2420137
Opening of 10 more branches of Azerkhalcha OJSC, Azerbaijan’s carpet producing and exporting company, is envisaged in the country, Vidadi Muradov, chairman of the company’s board, told reporters in Baku as part of the scientific and practical conference “Prospects and achievements of carpet weaving in Azerbaijan.”

Heydar Aliyev International Airport served over 2 million passengers during first six months

10.07.2018 17:05 GMT

W1siziisijiwmtgvmdcvmtavmtcvmjevmdevm2rlmtyzogqtzjg2ny00zjnilweyyjetmtllmjfhnjg5ztaxl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=aa92aedf3f6eb1a5
During the first six months of 2018, Heydar Aliyev International Airport served 1.96 million passengers.

EBRD specifies priority areas for cooperation with Azerbaijan

10.07.2018 09:31 GMT

W1siziisijiwmtgvmdcvmtavmdkvmzmvmzavodawowflntctn2ywni00yjy4ltk0nmqtzju4ywyynzllnwu1l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=662759691dcfa5f2
The European Bank for Reconstruction and Development (EBRD) remains a committed partner for Azerbaijan and its further development, EBRD spokesperson Anton Usov told Trend July 6.

Important to create cybersecurity committee in OSCE PA - Azerbaijani MP

09.07.2018 23:59 GMT

W1siziisijiwmtgvmdcvmtavmdavmdevndkvytu4mje0mgutngu2ys00odjiltk1zmqtyjm5odi2nmjmnmfml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=8f8fa101d4e2ac37
The draft law “Implementing OSCE Commitments: The Role of Parliaments” was discussed during the 27th session of the OSCE Parliamentary Assembly (PA) in Berlin, Azerbaijani MP, deputy representative of the Azerbaijani delegation Tair Mirkishili told Trend July 9.

Azerbaijani Prime Minister visits administrative building of TANAP in Ankara

09.07.2018 23:08 GMT

W1siziisijiwmtgvmdcvmdkvmjmvmtavmzivzgywowyzyzgtote0zs00ztgxlwewyzqtntzknge2zmnhzjlml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=326705975072208b
During the tour of the building, the Azerbaijani delegation was accompanied by TANAP General Manager Huseyn Saltuk Duzyol.

‘Switzerland is keen in developing cooperation with Azerbaijan’

09.07.2018 22:24 GMT

W1siziisijiwmtgvmdcvmdkvmjivmzavmdgvodrkodc1ytgtotu1ny00m2jhltkzy2ytndjlodcwndu2ogqyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c0a51ac0a540af6c
"Our bilateral relations are very good and we have been collaborating for long years."

Baku hosts Azerbaijan-Switzerland business forum

09.07.2018 15:17 GMT

W1siziisijiwmtgvmdcvmdkvmtuvmjgvmduvnjuxmzdjnzgtowq2zc00zjgxlwizmwytmjllngnkyze4yji5lzyxnzk2mthiltgwzjytngyyzs05mzm1ltiyyjvinguyntgwnl8yotiuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=2c0a0a32c744246a
The Azerbaijani-Swiss business forum has been held in Baku today.

SOCAR Group borrows 419 million manats this year

09.07.2018 14:50 GMT

W1siziisijiwmtgvmdcvmdkvmtqvntmvmdgvyjriztrjywmtzmzhos00owq5ltg0ztktzdcxzthiyjbiyji0lza4ogu0ztcznzrinmrkm2u4mdlhm2q3mzy4ndhhzdizlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=85c0822efdb31c5f
In March 2018, SOCAR Group borrowed AZN 102 million ($60 million) and AZN 98 million from Finance Ministry for short-term and long-term period.

Poland to open trade representation in Baku – FM

07.07.2018 16:51 GMT

W1siziisijiwmtgvmdcvmdgvmdavndevmdavyzc2ndblzmetymqyzi00odmxlwi0zgetnwrkogy1njk3yjhhl0f6zxjiywlqyw5fug9syw5kx2zsywdzxzi2mtexmi5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=b6e9e9c2f257c4d9
Poland is going to open a trade representation in Azerbaijan in 2018, Polish Foreign Minister Jacek Krzysztof Czaputowicz said in an interview with Trend.

Deputy chairmen of State Customs Committee changed

07.07.2018 15:19 GMT

W1siziisijiwmtgvmdcvmdcvmjevmjivmdyvmjcyztg2zdutmgizns00odeylwjlyjytm2q3ogfiyteymzhkl2viyjexnjc2oge2mja5nte3nme4nddimtaxntm0mjjllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=1d233a1b7c56f281
President of Azerbaijan Ilham Aliyev has signed an order relieving State Customs Committee deputy chairmen Nazim Mammadov and Shahin Baghirov of their duties and replacing them with Igbal Babayev and Javad Gasimov.

Azerbaijani oil price decreases

07.07.2018 12:26 GMT

W1siziisijiwmtgvmdcvmdcvmtivmjcvmjcvzwu5mzg2nzgtothlni00odq5lthmyjytyjcynmjkodm5zde5l29pbc5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=3b93fc21355b4bbc

Azerbaijani government invests over AZN 60m in solar and wind power plant projects

06.07.2018 20:25 GMT

W1siziisijiwmtgvmdcvmdyvmjavmjgvmzqvotk2mguxzwutngi1zi00ztc5lwfkywutywfjmge0nzvkngrjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=4037436a3f65f93c
"AZN 56 million has been allocated for solar and AZN 6 million for wind power plants."

Azerbaijan’s economic potential presented at Shenyang international conference and fair

06.07.2018 20:01 GMT

W1siziisijiwmtgvmdcvmdyvmjavmdqvmdqvyjblyjlkowitm2iwnc00nwe1lwjkyjgtyzzhowe1zjmwodayl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=9de90c3fbf90ca15
The 10th Asia-Pacific Economic Cooperation (APEC) Small and Medium Enterprises Technology Conference and Fair under the motto “Innovation promoting development, cooperation creating the future” has been held in Shenyang, China.

Baku and Bucharest intend to establish direct flights

06.07.2018 19:52 GMT

W1siziisijiwmtgvmdcvmdyvmjavmdevmdyvzja4ywflotctmdk2ny00mjzilwi4m2itotjkotdmotg3ymnkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=6a0373fd47189f79
Romania's state airline company TAROM intends to open a direct flight from Bucharest to Baku this year, the General Director of the airline company Werner Wolf said.

Central Bank schedules a deposit auction for 9 July

06.07.2018 12:01 GMT

W1siziisijiwmtgvmdcvmdyvmtivmdivmzuvztk2ywu0ntetztm1ms00yjvklthhm2qtnwi2mti3zjm5odlll2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=e226905def557111
The Central Bank of Azerbaijan (CBA) has announced the next deposit auction.

Top Read Articles

In The Region

Editor Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook

Real estate