Azerbaijan Caspian Shipping Company to set up JV with Columbia Shipmanagement

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More from Economy

France could cooperate with Azerbaijan in application of agricultural innovations – minister

23.10.2018 11:05 GMT

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France attaches great importance to establishing close relations with all countries interested in food security

Number of Trans-Caspian Int’l Transport Route participants grows

22.10.2018 16:34 GMT

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On October 22, Baku hosted a meeting of the TITR International Association

Azerbaijan ready to grant $100M loan to Pakistan

20.10.2018 15:05 GMT

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Azerbaijan is ready to allocate Pakistan a loan of $100 million to address the country's energy issues, Pakistani media reported.

Turkey declares Star oil refinery as special industrial zone

20.10.2018 14:27 GMT

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Turkey's biggest oil refinery STAR opened on Friday in western Izmir province

Azerbaijan-Iran joint car factory plans to export products to Russia, Georgia

20.10.2018 12:36 GMT

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Khazar Car Factory, located in southeast Azerbaijan in the Neftchala Industrial District, currently offers its products in Azerbaijan

AZAL, State Tourism Agency to cooperate

19.10.2018 20:21 GMT

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Azerbaijan Airlines CJSC, Silk Way Holding, the State Tourism Agency of Azerbaijan and Azerbaijan Tourism Bureau signed a cooperation agreement.

BP, Azerbaijan`s Ministry of Energy sign Letter of Intent

19.10.2018 19:28 GMT

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BP and the Ministry of Energy of the Republic of Azerbaijan today signed a Letter of Intent on improving the performance of small hydroelectric stations. The Letter of Intent aims to support the Ministry of Energy’s goal to improve the performance of the hydroelectric power generation sector in Azerbaijan.

Azerbaijan’s wind energy potential highlighted by publication of German BMWi

19.10.2018 19:26 GMT

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The article was prepared based on the interview of Simon Stefan, the director of the Berlin-based Alpha New Technology Services GmbH

Star refinery to contribute to petrochemical industry development in Turkey - minister

19.10.2018 19:14 GMT

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The Star oil refinery will help reduce Turkey’s dependence on imports in the petrochemical industry, Turkish Treasury and Finance Minister Berat Albayrak said at the opening ceremony of the Star refinery in Izmir.

Land cover restored at 80 % of TAP's Greece and Albania routes

19.10.2018 12:01 GMT

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TAP worth 4.5 billion euros is a part of the Southern Gas Corridor, which is one of the priority energy projects for the EU

SOCAR's STAR refinery in Turkey to be inaugurated today

19.10.2018 10:46 GMT

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The plant is expected to reduce Turkey's annual foreign trade deficit by at least $1.5 billion

National bureau: Azerbaijan’s Basgal settlement to become big tourist center

18.10.2018 22:30 GMT

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The Basgal mountainous settlement in Azerbaijan’s Ismayilli district will become a big tourist center, executive director of the Azerbaijan National Tourism Promotion Bureau Florian Sengstschmid said at the National Tourism Summit in Baku on Oct. 18.

Azerbaijan signs Belt and Road Energy Partnership Declaration

18.10.2018 21:11 GMT

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Azerbaijan has become a signatory to the Belt and Road Energy Partnership Declaration as Minister of Energy Parviz Shahbazov attended the Belt and Road Energy Ministerial Conference in China.

Nature reserves should down dependence on Azerbaijan's state budget

18.10.2018 19:29 GMT

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The State Tourism Agency of Azerbaijan plans to apply a new management model for nature reserves, the head of the strategy and tourism policy department of the Agency, Mahammad Muradov said at the National Tourism Summit on Oct. 18.

Azerbaijani products to be showcased in Paris

18.10.2018 16:54 GMT

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The exhibition will be attended by 7,020 companies from 109 countries

2.2 million foreigners and stateless persons from 193 countries visited Azerbaijan this year

18.10.2018 00:13 GMT

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“2.2 million foreigners and stateless persons from 193 countries visited Azerbaijan in January-September, 2018, which is 6.4 percent more than in the same period in 2017,” said the State Statistical Committee.

Presentation of Azerbaijani wines held in Spain

17.10.2018 22:26 GMT

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A presentation of Azerbaijani wines was held at the Madrid Rioxa Center on October 17, Azernews reports.

WEF report demonstrates interest of world political and economic elite in Azerbaijan

17.10.2018 22:22 GMT

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The report of the World Economic Forum on global competitiveness demonstrated not only the success and achievements of Azerbaijan, but also the interest of the world political and economic elite in the country, the chairman of the Nizami district organization of the Yeni Azerbaijan Party (YAP), member of the Azerbaijani Parliament Sadagat Veliyeva told Trend Oct. 17.

Azerbaijani, Malaysian tourism associations sign memorandum of cooperation

17.10.2018 19:47 GMT

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Azerbaijan Tourism Association (AZTA) and the Malaysian Association of Tour and Travel Agents (MATTA) have signed a Memorandum of Cooperation in Kuala Lumpur. The document was signed by Chairman of the Board of AZTA Nahid Baghirov and deputy chairman of MATTA Akil Yusof.

Azerbaijan proposing Kyrgyzstan to create JV in tourism

17.10.2018 14:41 GMT

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Azerbaijan invested $18.8 million in the Kyrgyz economy, while Kyrgyzstan invested $2 million in the Azerbaijani economy for the year

WB reveals medium-term forecast on Azerbaijan’s economy

17.10.2018 13:37 GMT

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Azerbaijan joined the WB Group in 1992

Azerbaijan in “Global Competitiveness Report” of new generation

17.10.2018 10:57 GMT

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The World Economic Forum (WEF) has published today the Global Competitiveness Report - 2018, prepared on the basis of a new methodology.

President allocates funds for construction of school in Lankaran

16.10.2018 19:30 GMT

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Azerbaijani President Ilham Aliyev has signed an Order, providing initial allocation for the construction of a new school in Shikhakeran village in Lankaran district.

Azerbaijani economy grows 0.8%

16.10.2018 16:07 GMT

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In January-August 2018, the volume of GDP produced in the non-oil sector of Azerbaijan increased by 1 percent compared to January-September 2017

TRACECA: Azerbaijan has every opportunity to significantly increase volume of cargo transit through its territory

16.10.2018 12:07 GMT

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"The introduction of a single tariff for transportation from China to Europe through Azerbaijan, Georgia and Turkey is under discussion"

Minister: $250 bn invested in Azerbaijan`s economy since 2003

15.10.2018 23:41 GMT

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“Around $250 billion has been invested in the economy of Azerbaijan from 2003 to 2018, half of which has been foreign investment,” said Economy Minister Shahin Mustafayev.

Investors from Europe, Central Asia to mull microfinancing in Baku

15.10.2018 16:50 GMT

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Baku will host the 9th Azerbaijan Microfinance Conference

Italy’s Saipem awarded contract on Azerbaijan’s Absheron field development

15.10.2018 13:12 GMT

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Italy’s Saipem company has been awarded a contract for the development of Azerbaijan’s Absheron gas field, said a message from the company.

Federal Council: TAP diversifies supply paths, benefits Switzerland

15.10.2018 09:52 GMT

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TAP worth 4.5 billion euros is a part of the Southern Gas Corridor, which is one of the priority energy projects for the EU

Azerbaijani oil prices decrease

13.10.2018 14:49 GMT

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The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $82 per barrel at the Italian port of Augusta on Oct. 12, or $0.45 less than on Oct. 11, a source in Azerbaijan's oil and gas market told Trend Oct. 13.

Azerbaijan Railways chairman talks construction of Baku-Gabala railway

12.10.2018 22:36 GMT

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The earth mound for the future Baku-Gabala railway has already been prepared on a 20-kilometer-section in Azerbaijan, Chairman of Azerbaijan Railways CJSC Javid Gurbanov told reporters in Baku on Oct. 12.

Gazprom, SOCAR mull issues of gas supply to Azerbaijan

12.10.2018 19:09 GMT

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Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan, Trend reports.

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