Azerbaijan may launch new joint projects with FAO

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More from Economy

Azerbaijan Airlines honored with one more prestigious Skytrax Award

17.07.2018 17:22 GMT

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Azerbaijani national air carrier was once again confirmed the prestigious "4 Star" rating by the world’s leading assessor of airline and airport service quality British consulting company Skytrax.

More tourists from Persian Gulf countries choose to visit Azerbaijan

17.07.2018 14:26 GMT

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1.325 million foreigners and stateless persons from 189 countries visited Azerbaijan In January-June 2018.

Fines for violation of road crossing rules increased for pedestrians in Azerbaijan

17.07.2018 14:03 GMT

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A fine of AZN 40 will be imposed on pedestrians for violating rules of crossing highways with a speed limit of 80 km/h or above in Azerbaijan.

Competition Authority to be established in Azerbaijan

17.07.2018 13:53 GMT

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In order to increase the government’s leading role in creation of favorable business environment, draft decree of Azerbaijani President was prepared on establishment of Competition Authority.

Azerbaijani oil price drops

17.07.2018 10:47 GMT

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Azerbaijan's oil price has decreased.

SOFAZ unveils revenues in first half of 2018

17.07.2018 10:32 GMT

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The revenues from managing SOFAZ’s assets for January-June 2018 amounted to 508.0 mln. manats.

Cargo turnover on Trans-Caspian route to significantly increase by 2020

17.07.2018 09:44 GMT

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The cargo base focused on the route is represented by the markets of Kazakhstan’s European, Chinese and Turkish trade partners.

President Aliyev tightens control over electricity, heat, as well as gas supply

16.07.2018 23:20 GMT

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Azerbaijani President Ilham Aliyev has signed a decree approving the procedure for implementing control over the supply of electricity and heat, as well as gas.

State Agency for the Use of Mineral Resources created in Azerbaijan

16.07.2018 22:40 GMT

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President of Azerbaijan Ilham Aliyev signed a decree on the creation of the State Agency for the Use of Mineral and Raw Material Resources under the Ministry of Ecology and Natural Resources, APA reports.

Russian group of companies denies plans on selling block of shares to SOCAR

16.07.2018 19:53 GMT

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Russia’s New Stream Group of Companies doesn’t intend to sell a block of shares to Azerbaijan’s state oil company SOCAR, the group of companies told Trend July 16.

Azerbaijan's economy continues to grow

16.07.2018 15:49 GMT

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Azerbaijan’s GDP volume reached almost 37.01 billion manats in January-June 2018 that is 1.3 percent more than in January-June 2017, according to a report of the State Statistics Committee.

Food Safety Agency monitors fairs organized by Agriculture Ministry

16.07.2018 12:37 GMT

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The Food Safety Agency is conducting monitoring of agricultural fairs.

Chinese companies invest nearly $800m in Azerbaijan’s economy

16.07.2018 12:17 GMT

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“Chinese companies have invested about $800 million in Azerbaijan’s economy."

Azerbaijani oil grows in price

16.07.2018 10:57 GMT

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Azerbaijani oil rose in price on world exchanges for more than two dollars on Monday, July 16.

Equinor on plans for development of Azerbaijani oil and gas fields

16.07.2018 09:14 GMT

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"We are discussing plans and timing with SOCAR and the exact details are dependent on contracting of equipment and services."

UNWTO Secretary-General: Tourism is rapidly developing in Azerbaijan

14.07.2018 18:04 GMT

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“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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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The cost of a barrel of Azeri LT CIF oil topped $0.92 or 1.16% on the world market.

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