Economy
“FINCA Azerbaijan” holds events in its Gabala and Ismailli branches
25.07.2014 [19:28]
“FINCA Azerbaijan” Non-Bank Credit Organization held the opening ceremony of a new branch office in Gabala region on July 23. New modern office that meets all the requirements of FINCA standards along with providing comfortableness for clients will also ensure high quality service provision
 
Oil prices fall in world markets
25.07.2014 [11:32]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $1.05 to stand at $102.07. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has
 
Azerbaijan, Afghanistan discuss prospects for transport cooperation
24.07.2014 [22:23]
Azerbaijani deputy minister of transport Musa Panahov has met Director-General of Economic Cooperation department of the Afghanistan Ministry of Foreign Affairs Wahidullah Waissi to discuss prospects for transport cooperation between the two
 
Kapital Bank marks 140th anniversary
24.07.2014 [21:07]
Today Kapital Bank celebrates its 140th anniversary. As the legal successor of Azerbaijan Savings Bank, Kapital Bank’s first office was established on July 24, 1874. The first office was operated attached to Baku Branch of Russian State Bank. The executive head of the department was a person named Ivan Samsonovich
 
Azerbaijan’s gas export grew by 9.8% in January-June, 2014
24.07.2014 [18:50]
According to the State Statistical Committee of Azerbaijan, in January-June Azerbaijan exported 11 bn cubic meters of natural gas via main pipelines, which is 9.8% more in comparison with the same period of 2013.
 
Oil prices rise in world markets
24.07.2014 [12:17]
The price of oil has increased in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has increased $0.73 to stand at $103.12. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) grew $0.70 to trade at $108.03
 
President Ilham Aliyev signs Order on measures related to construction of Baku-Guba-Khizi-Shuraabad highway
23.07.2014 [21:45]
President of Azerbaijan Ilham Aliyev has today signed an Order on measures related to construction of the Baku-Guba-Khizi-Shuraabad highway
 
Azerbaijan exports over 23 mln tons of oil in January-June, 2014
23.07.2014 [19:57]
The State Customs Committee (SCC) informs that for January-June, 2014 the country’s oil export reached 23.3 million tons, which is 7.3 % mare in comparison with the same period of 2013. Some 17.6 million tons of this amount was exported via Baku Tbilisi-Ceyhan pipeline
 
President Ilham Aliyev signs Order to speed up socio-economic development of Khizi District
23.07.2014 [19:53]
President of Azerbaijan Ilham Aliyev signed an Order on extra measures to speed up socio-economic development of Khizi District. Under the presidential order, AZN 2 million were allocated from the President`s
 
SOCAR launches new filling station in Ukraine
23.07.2014 [17:02]
The State Oil Company of the Republic of Azerbaijan (SOCAR) has launched a new filling station in the Cherkassy region, Ukraine. The new complex is located at the entrance to the city of Uman, opposite National Dendrologic Park "Sofievka". It has become the sixth SOCAR petrol station in Cherkassy region, providing
 
State-of-the-art production areas launched at Baku Steel Company after major overhaul VIDEO
23.07.2014 [15:02]
Baku Steel Company LLC has launched new state-of-the production areas after a major overhaul aimed at increasing the facility`s production capacity and export potential. A solemn ceremony was held to inaugurate the production areas, which now feature state-of-the-art equipment made in the USA, France, Italy and Turkey
 
Oil price changes in world markets
23.07.2014 [12:45]
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 decreased $0.33 to stand at $102.39. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has
 
Azerbaijan, Georgia expand cooperation in cyber security
21.07.2014 [21:56]
A group of employees from the Electronic Security Center under Azerbaijan`s Ministry of Communications and High Technologies (MCHT) visited the Cyber Security Center of the Ministry of Justice of Georgia on July 7-18. The delegation, led by director of the Electronic Security Center Faig Farmanov, met with
 
EITI Multi Stakeholder Group held meeting
21.07.2014 [20:15]
The meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on July 21, 2014. Challenges in the activities of the member organisations of NGO Coalition for Improving
 
AccessBank wins Euromoney “Best Bank in Azerbaijan” Award for fifth time
21.07.2014 [15:34]
AccessBank won the award for "Best Bank in Azerbaijan" at the annual Euromoney "Awards for Excellence" in London. The Bank has received this award for the fifth consecutive year. The Euromoney awards are among the most prestigious in the financial world and are given to leading banks and financial institutions in more than 100...
 
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