Economy
“The Oil and Gas Year-2014” to be dedicated to Azerbaijan`s achievements
22.08.2014 [21:11]
“The Oil & Gas Year Azerbaijan 2014” will be dedicated to Azerbaijan`s achievements in the oil and gas industry. The Oil & Gas Year Azerbaijan 2014 has started the production of its second edition in the country after securing partnerships with key local institutions
 
Oil prices rise in world markets
22.08.2014 [10:57]
The price of oil has increased in the world markets. On the New York Stock Exchange NYMEX, cost of the US Light crude oil raised $0.51 to stand at $93.96. Price of the British Brent oil at the London
 
IFC helps Azerbaijan`s Turan Bank support international traders
22.08.2014 [10:37]
IFC, a member of the World Bank Group, is helping Azerbaijan’s Turan Bank train its staff to reduce risks related to trade finance, provide better solutions for small international traders, and support their efforts to expand and tap foreign markets
 
President Ilham Aliyev orders allocation of funding for construction of highways in Guba
21.08.2014 [21:45]
President of Azerbaijan Ilham Aliyev has today signed an Order on allocation of the funding for the construction of the Rustov-Khanagah-Gurdah, Rustov-Noydun-Shudug, Rustov-Majkakhaja, Rustov-Baghchalı-Yekdar highways in Guba District.
 
Azerbaijan's foreign trade turnover makes $15.3 bln
21.08.2014 [17:00]
In January-July 2014, Azerbaijan`s foreign trade turnover totaled $15.3 bln. Azerbaijan's foreign trade partners for this period numbered 134 countries. Some 9.2 % of the trade operations were carried out with the CIS countries, while 90.8 % with other countries
 
President Ilham Aliyev orders allocation of funding for construction of highway in Tovuz
20.08.2014 [20:44]
President of the Republic of Azerbaijan Ilham Aliyev has today signed an Order on allocation of the funding for the construction of the Tovuz-Hunanlar-Garakhanlı-Duz Jırdakhan highway in Tovuz district.
 
Azercell wins Business Award Stevie
20.08.2014 [18:37]
Azercell Telecom, the leading mobile operator of Azerbaijan, received the International Business Awards Stevie in the “The Best Product of the Year”, “The Telecommunications Company of the Year” and “The Best Customer Service of the Year” nominations for the innovations and cutting-edge projects implemented in the field of telecommunications.
 
Azeri Light oil price increases in world markets
20.08.2014 [18:25]
The price of a barrel of Azeri Light crude oil has increased $0.82 to stand at $102.03 in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil fallen $1.93 to trade at $94.48. Price of British Brent crude oil at the London ICE
 
Baku to host Eastern Partnership Foreign Affairs and Energy Ministerial Meeting
19.08.2014 [21:29]
Baku will host the next meeting of Ministers of Foreign Affairs and Energy of the Eastern Partnership countries on September 8-9. The conference aims to investigate opportunities for development of long-term relations among the countries of European Neighborhood Policy (ENP)
 
ICT Minister meets new head of Huawei Azerbaijan Office
19.08.2014 [20:00]
Azerbaijan`s Minister of Communications and High Technologies Ali Abbasov has met Liu Jianwei, the incoming head of the Azerbaijan Office of Huawei, the leading global ICT solutions provider. Abbasov highlighted Azerbaijan’s economic achievements, including the reforms and projects that had been implemented in the sphere of information...
 
President Ilham Aliyev orders allocation of funding for construction of highway in Lerik
19.08.2014 [19:27]
Azerbaijani President Ilham Aliyev has signed an Order on allocation of the funding for the construction of the Noda-Shingadulan-Khanagah highway in Lerik District. Under the Presidential Order, 7 million manats will be allocated to the Lerik District
 
Iran plans to transport gas to Europe via TANAP
19.08.2014 [14:54]
“The Islamic Republic of Iran plans to export natural gas to Europe via Trans Anatolian Pipeline (TANAP),” Iranian minister of communication and information technologies Mahmoud Vaezi has said. He noted that official Tehran was studying economic profitability of gas exports via the
 
SOCAR Energy Georgia lends official support to Caspian Energy Forum – 2014
19.08.2014 [11:07]
SOCAR Energy Georgia LLC, the biggest taxpayer and investor of Georgia, has officially supported the 2nd International Caspian Energy Forum - 2014 (www.caspianenergyforum.com) to be hosted in Tbilisi on November 14, 2014 with participation of President of Georgia Giorgi Margvelashvili. “We are confident that the International Caspian Energy...
 
Oil price changes in world markets
19.08.2014 [10:48]
Oil prices have changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.94 to stand at $96.41. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) decreased $0.93 to trade at $101.60
 
President orders allocation of funding for construction of highway in Khachmaz
18.08.2014 [21:39]
Azerbaijani President Ilham Aliyev has signed an Order on allocation of the funding for the construction of Dalghalı–Nabran–Tel highway in Khachmaz District. Under the Presidential Order, 1.7 million manats will be allocated to the Khachmaz
 
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