Number of Azerbaijani IDPs provided with housing to reach 285,000 by year-end - President

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More from Economy

Moody's to hold "Annual Azerbaijan Summit" in Baku

24.05.2018 09:53 GMT

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The "Annual Azerbaijan Summit" is to be held in Baku by Moody's international rating agency today.

Azerbaijan issues 200 AZN banknotes

23.05.2018 19:16 GMT

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Today, the presentation of coins issued on the occasion of the 95th birthday of the national leader Heydar Aliyev and the 100th anniversary of the creation of ADR, as well as new banknotes worth 200 manats, was held at the Central Bank.

Azerbaijan, Serbia eye to open regular flights

23.05.2018 15:49 GMT

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The Air Services Agreement between the Government of Azerbaijan and the Government of Serbia signed in Baku, will create opportunities for opening of regular flights between the two countries, the State Civil Aviation Agency under the Ministry of Transport, Communications and High Technologies of Azerbaijan said in a message.

Azerbaijani-Chinese free economic industrial town to be established in Baku

23.05.2018 11:34 GMT

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An Azerbaijani-Chinese free economic industrial town is planned to be established in Alat, Azerbaijani Economy Minister Shahin Mustafayev said May 22 at a meeting with Chairman of the Board of the China Export & Credit Insurance Corporation (SINOSURE) Wang Yi.

Azerbaijani oil price tops $81

23.05.2018 09:50 GMT

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Azerbaijani oil has risen in price.

OPEC may decide to ease oil supply curbs in June

22.05.2018 23:20 GMT

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OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar with the discussions told Reuters, APA reports.

President Ilham Aliyev allocates AZN 2M for construction of carpet weaving workshop in Goranboy region

22.05.2018 21:38 GMT

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President of the Republic of Azerbaijan Ilham Aliyev has today signed an Order on the construction of a carpet weaving workshop in Goranboy region, AzerTag reports.

Agrarian Research Center to be established under Azerbaijan’s Agriculture Ministry

22.05.2018 20:16 GMT

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President Ilham Aliyev has signed a decree “On establishment of Agrarian Research Center under the Ministry of Agriculture of the Republic of Azerbaijan”.

USD rate at today's auction announced

22.05.2018 12:48 GMT

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The Central Bank has today held a bilateral currency auction with participation of SOFAZ.

Azerbaijani oil price rises

22.05.2018 11:48 GMT

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Minister: Jordan is interested in developing cooperation with Azerbaijan in tourism sector

21.05.2018 22:55 GMT

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Jordanian Minister of Tourism and Antiquities Lina Mazhar Annab has expressed her country`s interest in developing cooperation with Azerbaijan as she met with Azerbaijan’s ambassador Rasim Rzayev.

Ambassador: Mexico to intensify trade relations with Azerbaijan

21.05.2018 21:06 GMT

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Mexico intends to increase the number of trade delegations to Azerbaijan, Mexican Ambassador to Azerbaijan Rodrigo Labardini said at the press conference in Baku May 21.

Payment terminals in Azerbaijan to return change

21.05.2018 20:33 GMT

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The eManat payment terminals of Modenis LLC in Azerbaijan will return the change, the company told Trend May 18.

Azerbaijan to revise 2018-state budget

21.05.2018 19:41 GMT

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The Azerbaijani government will review the state budget for 2018, Azerbaijani MP, member of the parliamentary committee on economic policy, industry and entrepreneurship, doctor of economic sciences Rufat Guliyev told Trend.

State budget to be revised

21.05.2018 16:25 GMT

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Milli Majlis (Parliament) of Azerbaijan will revise the state budget for 2018.

Shahdeniz consortium ready to transport Azerbaijani gas to Bulgaria from 2020

21.05.2018 11:23 GMT

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Shahdeniz is ready to transport Azerbaijani gas within Stage 2 to Bulgaria from 2020.

Sangachal terminal ready for first commercial deliveries from Shah Deniz 2

19.05.2018 14:15 GMT

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Sangachal oil and gas terminal in Azerbaijan is ready for the first commercial deliveries of gas from the Phase 2 of development of Azerbaijan’s Shah Deniz field, BP, the operator of the terminal, said on Twitter.

Azerbaijan may establish world brand clothing production

19.05.2018 09:16 GMT

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Azerbaijan’s Textile Producers and Exporters Association plans to attract well-known foreign companies to establish clothing production in the country in the future, Mehriban Akhundova, chairperson of the Association, told Trend.

Bill "On Free Economic Zone" approved

18.05.2018 16:08 GMT

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The bill "On Free Economic Zone in Alat" was submitted for discussion at the plenary session of Milli Majlis (Parliament) of the Republic of Azerbaijan on Friday.

Maçakızı resort: Secret bohemian hotel intrigues again

18.05.2018 14:00 GMT

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The Maçakızı resort in Bodrum, hosting world-class celebrities from around the world, announced the opening of the summer season with several innovations.

AzeriLight oil surges to $81

18.05.2018 10:17 GMT

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Azerbaijani oil rose significantly on May 18.

Ilham Aliyev allocates AZN 3.7 for road construction in Ramana settement

17.05.2018 21:38 GMT

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Azerbaijani President Ilham Aliyevhas signed an order on additional measures on reconstruction of motor roads in Ramana settlement of Sabunchu district.

Azerbaijan’s Minister of Ecology and Natural Resources has received a BP delegation

17.05.2018 21:35 GMT

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Minister of Ecology and Natural Resources Mukhtar Babayev and BP's Regional President for Azerbaijan, Georgia and Turkey (AGT) Gary Jones, Vice President Zaur Pashayev, Environmental Director Faig Asgarov have had a meeting.

Austria willing to develop high-tech co-op with Azerbaijan

17.05.2018 19:46 GMT

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Austria is interested in developing cooperation with Azerbaijan in high technologies, Konstantin Bekos, regional manager at the Austrian Federal Economic Chamber, told reporters in Baku during the Azerbaijani-Austrian business forum May 17.

Azerbaijan decides on destinations of export delegations for 2018

17.05.2018 19:16 GMT

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Azerbaijan will send an export delegation to Russia’s Astrakhan city by the end of May, President of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov told reporters in Baku May 17.

USD rate for tomorrow announced

17.05.2018 17:24 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for May 18.

Azerbaijan to adopt new program of transition to non-cash payments

17.05.2018 16:47 GMT

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The program is currently under consideration by the government.

Volume of oil and gas produced from Shahdeniz field made public

17.05.2018 14:05 GMT

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In the first quarter of 2018, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC), Turkey (to BOTAS) and to BTC Company in multiple locations, BP-Azerbaijan told APA-Economics.

Azerbaijan to open wine house in Shanghai

17.05.2018 12:02 GMT

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Azerbaijan will open its wine house in Shanghai before the end of this year, President of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov told reporters in Baku May 17.

Azerbaijani oil price grows

17.05.2018 10:35 GMT

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Azerbaijani, Belarusian IT companies eye cooperation

16.05.2018 22:30 GMT

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IT companies of Azerbaijan and Belarus have discussed cooperation prospects in the field of telecommunications and information technologies, a source in Azerbaijan’s IT market told on May 16.

Azerbaijan reveals metallurgical output value

16.05.2018 20:19 GMT

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Products worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in Azerbaijan in January-April 2018, reads a report of the country’s State Statistics Committee.

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