FED increased interest rates

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More from Economy

Azerbaijan to sign agreements worth $200m with Islamic Development Bank

15.12.2009 16:50 GMT

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Azerbaijan is preparing a set of agreements to be signed at the 35th annual meeting of the governors of the Board of the Islamic Development Bank.

Azerbaijan receives $ 62 mln and AZN 365 mln from oil and gas companies

15.12.2009 16:25 GMT

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The share of Azerbaijani profit oil made $3.87 mln in the structure of Azerbaijan’s state profits.

Standard & Poors raises Azerbaijan's investment outlook

15.12.2009 16:14 GMT

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Ratings agency Standard and Poor's has raised its outlook on Azerbaijan from stable to positive.

Azerbaijan starts seaport construction

15.12.2009 14:31 GMT

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Azerbaijan starts seaport construction.

Azerbaijan raises industrial production

15.12.2009 14:28 GMT

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The volume of industrial production in Azerbaijan made AZN 19.8 bn in Jan-Nov 2009 which is a 8.2% rise over the previous year.

State Oil Company of Azerbaijan has supplied 669 mn cu m of gas to Georgia

15.12.2009 14:18 GMT

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The State Oil Company of Azerbaijan (SOCAR) has delivered 668.97 million cu m of gas to Georgia.

World Bank prepares project to upgrade Azerbaijan's rail link with Georgia

15.12.2009 13:48 GMT

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A World Bank mission is in Baku finalizing a major project to upgrade Azerbaijan's railways.

Demand at Azerbaijani motor market has small rised

14.12.2009 21:00 GMT

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Dynamics of sales & purchase agreement signing continued its small rise (by 0.8%) at the Baku automobile market this November.

World Bank to launch project on staff potential improvement in Azerbaijan

14.12.2009 16:50 GMT

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The WB has launched a project to be realized jointly with the government on staff potential improvement in governmental agencies of Azerbaijan.

State Oil Fund offers its budget 2010 with surplus of AZN 534.7 mn

14.12.2009 15:17 GMT

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The forecast says that SOFAZ budget 2010 will be two-fold less than the budget for 2009.

Azerbaijan to adopt new standards on foodstuffs

14.12.2009 14:16 GMT

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The new standards will be adopted in 2010.

Azerbaijan's State Oil Company outlines plans

14.12.2009 14:00 GMT

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Azerbaijan's State Oil Company SOCAR is to sign an agreement on the sale of natural gas to Iran this week.

Quality and quantity problems discovered in Baku petrol stations

13.12.2009 20:53 GMT

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Problem was cased due to additives.

Bentley Motors opens office in Azerbaijan

12.12.2009 15:10 GMT

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Bentley Baku, an official importer of Bentley cars in Azerbaijan starts its activity in Azerbaijan.

Petkim receives ecological license for construction of plant in Turkey

12.12.2009 13:35 GMT

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Petkim receives ecological license for construction of plant in Turkey.

Azerbaijani president opens new tunnel in Baku - PHOTOS

12.12.2009 13:30 GMT

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Average cost of 100 sq.m of land in Baku $15,900

11.12.2009 21:31 GMT

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The average cost of 100 sq m of land in Baku made $15,982 in Baku in November 2009.

Agriculture Ministry expects 4% rise in farm sector in 2009

11.12.2009 21:29 GMT

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The Ministry of Agriculture of Azerbaijan expects certain rate of growth in farm sector in December.

Azerbaijan's economy grew 900% in 10 years

11.12.2009 20:36 GMT

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Azerbaijan’s economy has weathered the recession better than most markets in the Caucasus and Central Asia, the Financial Times reported on Thursday.

Azerbaijan-Belarus trade turnover for Jan-Oct 2009 totals $105.3 mn

11.12.2009 20:18 GMT

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Azerbaijan and Belarus discuss assembly of the Belarusian agricultural equipment in the country, Belarus ambassador to Azerbaijan said.

Azerbaijan needs to develop nonoil sector, Japanese ambassador

11.12.2009 17:19 GMT

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The Strategic Research Center under the President of Azerbaijan hosted a meeting with the Japanese ambassador to Azerbaijan Masamitsu Oki.

Azerbaijan mulls ban on fishing of long-nosed sturgeon

11.12.2009 16:20 GMT

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Azerbaijan is considering Kazakhstan's proposal for a temporary moratorium on the commercial fishing of sturgeon in the Caspian.

Domestic trade tops $13bn in Azerbaijan this year

11.12.2009 13:50 GMT

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In the year to November domestic trade in Azerbaijan was worth $13.08bn.

CIS Economic Council to focus on trade relations in Moscow

11.12.2009 13:49 GMT

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The Commonwealth of Independent States' Economic Council will discuss trade relations between CIS member countries during a meeting due in Moscow.

First fertilizer reservoir under construction in Azerbaijan

10.12.2009 22:00 GMT

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The first fertilizer reservoir is under construction in Azerbaijan.

Target social aid restored in Azerbaijan

10.12.2009 21:39 GMT

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The release of the target social aid in Azerbaijan will be restored in late December.

New power distribution line to link Georgia and Azerbaijan

10.12.2009 19:12 GMT

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The construction of the new power distribution line between Georgia and Azerbaijan will start in 2010.

Azerbaijan's Central Bank drafts bill on credit bureaus

10.12.2009 19:05 GMT

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The Central Bank of Azerbaijan (CBA) has completed drafting a bill "On credit bureaus" with advice from the International Finance Corporation (IFC).

Prices on building materials rise in Azerbaijan

10.12.2009 18:54 GMT

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Prices on building materials have risen especially on import commodities though demand has dropped.

Azerbaijan mulls creation of agricultural bank

10.12.2009 18:43 GMT

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Azerbaijan's Cabinet of Ministers is considering setting up a dedicated agricultural bank.

Azerbaijan reconsiders support for agriculture in mountain districts

10.12.2009 18:40 GMT

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Azerbaijan is ready to accept additional proposals from the Islamic Development Bank (IDB)on agricultural development in mountain areas.

Grain production to drop in Azerbaijan next year

10.12.2009 17:05 GMT

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Due to the delay in delivery of subsidies to farmers by the Ministry of Finance, grain production to be affected in 2010.

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