Economy
USACC Organizes Briefing on Azerbaijan’s Technology Industry
01.08.2014 [12:01]
Te United States-Azerbaijan Chamber of Commerce (USACC) held a breakfast briefing titled “Azerbaijan`s Technology Industry-Building a Knowledge Society” at the Microsoft Innovation & Policy Center. The event, sponsored and hosted by Microsoft, started with the opening remarks of Dorothy Dwoskin, Senior Director for Global Trade Policy and...
 
Oil prices fall in world markets
01.08.2014 [11:37]
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 fell $2.10 to stand at $98.17. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures)
 
President orders extra measures over construction of highway in Jalilabad District
31.07.2014 [20:11]
President of Azerbaijan Ilham Aliyev has signed an Order on extra measures related to the construction of the Alar-Tezekend-Uctepe-Aligasimli-Ceferkhanli highway in Jalilabad District. Under the presidential order, AZN 7 million was allocated to the Jalilabad District Executive
 
AccessBank attracts USD 15m for energy efficiency projects from The Green for Growth Fund
31.07.2014 [13:37]
The Green for Growth Fund (GGF) is providing a USD 15m loan to AccessBank. The GGF loan will enable AccessBank to substantially increase its financing of energy efficiency projects and foster its role as a pioneer in energy efficiency financing in
 
Oil prices fall in world markets
31.07.2014 [10:48]
Oil prices have fallen in the world markets, with the US Light crude sinking to $100.27 a barrel and British Brent crude hitting $106.51. The Department of Marketing and Economic Operations of the State Oil Company of
 
Dushanbe to host first investment forum
30.07.2014 [16:39]
The Organization of Islamic Cooperation (OIC) and the Tajik government will jointly organize the first investment forum in Dushanbe in October. According to the Azerbaijan Export and Investment Promotion Foundation, the two-day
 
Finnish Lamor Corporation ‘plans to open Baku office’
30.07.2014 [12:58]
Finnish Lamor Corporation has expressed plans to open its office in Baku as its head Fred Larsen met Director General of “Ekol Engineering Services of Azerbaijan`s State Oil Company (SOCAR) Ramil Aliyev in Baku. Larsen said Lamor Corporation, specializing in oil spill clean-up equipment, had strategically
 
Oil price changes in world markets
30.07.2014 [11:04]
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 $1.1 to stand at $100.97. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) increased $0.65 to trade at $107.72. A barrel of Azeri Light crude oil...
 
AZAL to restore Baku-Astrakhan-Baku flights
30.07.2014 [00:12]
Azerbaijan Airlines (AZAL) will resume regular flights on the Baku-Astrakhan-Baku route from November 3. According to AZAL, the flight will be carried out on Mondays and Tuesdays
 
Azercell provides fastest data speed among mobile operators, Ookla Net Index says
29.07.2014 [09:50]
The most precise system for measuring the Data speed - Ookla Net Index once again ranked Azercell as the provider of the fastest speed of mobile Internet in the country. Thus, based on the Ookla research, currently Azercell provides 6,12MB/s of mobile Internet speed. This is the highest index among other mobile
 
Azerbaijani delegates make reports at “Economic Modeling: 2014” international conference in Indonesia
28.07.2014 [10:34]
Director of the Economic Reforms Research Institute under the Azerbaijani Ministry of Economy and Industry Vilayat Valiyev and employee Malik Mehdiyev have made reports at an international conference on “Economic Modeling
 
Some 4.9 mln tons of cargo transported via sea in Azerbaijan in January-June, 2014
26.07.2014 [17:28]
In January-June 2014, 4.9 mln tons of cargo transported via sea in Azerbaijan. The State Statistical Committee says 57.8% of cargo was oil cargo, 42.2% - dry cargo. All transportations were carried out on foreign connections. 6.1 mln tons of shipping and unshipping works carried out via sea ports. International transit cargos made
 
Dutch international agricultural website hails Azerbaijan’s successes
26.07.2014 [12:34]
The Dutch international agricultural website “Fresh Plaza” has mentioned Azerbaijan’s success in the area for the running year. The information says Azerbaijan has increased its revenues from agricultural products for
 
ITC hails economic achievements of Azerbaijan
26.07.2014 [11:37]
Arancha Gonzalez, Executive Director of the International Trade Centre (ITC) in his meeting with Ambassador Murad Najafbeyli, Permanent Representative of the Republic of Azerbaijan to the UN Office and other international organizations at Geneva hailed the economic achievements of Azerbaijan, expressed gratitude for development assistance and...
 
“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
 
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