Oil prices rose on the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange), the cost of the US Light crude oil increased $ 0.26 to ...

Azeri Light crude sells for $58.51

21.10.2017 [15:59]
Azeri Light crude oil price has fallen on the world markets. The price of a barrel of Azeri Light crude oil decreased $0.12 to stand at $58.51 ...

President Ilham Aliyev: The Southern Gas Corridor is one of the world’s largest infrastructure projects

21.10.2017 [12:23]
“The Southern Gas Corridor is one of the world’s largest infrastructure projects,” Azerbaijani President Ilham Aliyev has told the 9th Summit of the Developing Eight Organization for Economic Cooperation (D-8) in Istanbul. The head of state emphasized ...

Azerbaijan, Arab States of the Gulf sign three MOUs

21.10.2017 [12:14]
Azerbaijan and member states of the Cooperation Council for the Arab States of the Gulf (GCC) have signed three memorandums of understanding at a joint business forum in Baku. The memorandums were signed between Azerbaijan Export and Investment ...

Minister Mustafayev: There are 116 Ukraine-funded companies in Azerbaijan

21.10.2017 [11:58]
There are 116 Ukraine-funded companies in Azerbaijan, said Economy Minister Shahin Mustafayev. Trade between the two countries made up $400 million in eight months of 2017, he told an Azerbaijan–Ukraine business ...

Islamic Development Bank may finance business projects between Azerbaijan and Arab States of the Gulf

21.10.2017 [11:43]
The Islamic Development Bank may finance business projects between Azerbaijan and Arab States of the Gulf, said Abdulrahim Hasan Naqi, Secretary General of the Federation of Gulf Cooperation Council Chambers of Commerce and Industry ...

Oil prices rise on world markets

21.10.2017 [10:58]
Oil prices have risen on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.33 to stand at $51.84. Price of the Brent ...

Trade between Azerbaijan and Arab States of the Gulf exceeded $40m in 8 months

20.10.2017 [20:44]
Trade between Azerbaijan and Arab States of the Gulf exceeded $40 million in eight months of this year, Economy Minister Shahin Mustafayev has told Azerbaijan- Cooperation Council for the Arab States of the Gulf business forum ...

Non-oil exports increased 30 per cent in Azerbaijan in 8 months

20.10.2017 [12:16]
Non-oil exports saw a 30 per cent growth in Azerbaijan in eight months of this year, said deputy Minister of Economy Sahil Babayev. “Agriculture increased 35 per cent and non-oil industry rose 25 per cent,” he added ...

Iran-Azerbaijan trade makes up $400m

20.10.2017 [11:37]
“The trade between Iran and Azerbaijan made up $400 million over the past eight months,” Iranian ambassador to Azerbaijan Javad Jahangirzadeh has told AZERTAC. The ambassador underlined that the economic ties are rapidly developing thanks to the efforts of the Azerbaijan-Iran ...

China will provide Azerbaijan with solar and diesel generators

20.10.2017 [11:17]
China will provide Azerbaijan with solar and diesel generators for directing to autonomous energy sources, Deputy Chairman of the State Agency for Renewable & Alternative Energy of Azerbaijan (ABOEMDA) Jamil Malikov said ...

Digital Trade Hub to create digital space on Great Silk Road

20.10.2017 [11:05]
The first international conference titled “Digital Trade Hub of Azerbaijan: Development Perspectives”, was held in Baku on October 19. The Hub will allow expanding significantly the export of Azerbaijani products and increasing the inflow of both portfolio and direct investments into the country ...

Azeri Light crude sells for $58.63

20.10.2017 [10:47]
The price of a barrel of Azeri Light crude oil decreased $0.21 to stand at $58.63 on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.19 to stand at $51.48. Price of the Brent ...

'China considers Azerbaijan as one of the key priorities in tourism cooperation'

20.10.2017 [00:13]
"China considers Azerbaijan as one of the key priorities in cooperation in the field of tourism and is always ready for cooperation in this area," said Vice Chairman of China National Tourism Administration Du Jiang as he met with the Azerbaijani ambassador ...

German government allocates €130m for development of wind and solar power stations in Azerbaijan

19.10.2017 [20:24]
German KfW Bank has allocated €130 mln for the development of wind and solar power stations in Azerbaijan, Deputy Chairman of the State Agency on Alternative and Renewable Energy Sources of Azerbaijan Jamil Malikov told journalists ...

AZAL becomes board member of Azerbaijan Tourism Association

19.10.2017 [19:50]
For the first time in Azerbaijan, the private and public sectors have entered into a partnership for the development of the tourism sector. Azerbaijan’s national air carrier has joined today the members of the board of the Azerbaijan Tourism Association ...

Extractive Industries Transparency Commission holds meeting

19.10.2017 [19:09]
A meeting of the Extractive Industries Transparency Commission (EITC) with the participation of representatives of civil society, international organizations and local and foreign extractive companies operating in Azerbaijan has today been held at the State ...

Baku to host next round of discussions on EU-Azerbaijan agreement

19.10.2017 [15:46]
“The next round of discussions on EU-Azerbaijan new agreement on partnership will be held in Baku, October 26-27, ” head of the EU delegation to Azerbaijan Kestutis Jankauskas said ...

ABD to allocate $ 46 million to Azerbaijan for the development of bio-energy sector

19.10.2017 [12:31]
Asian Development Bank plans to allocate $ 46 million to Azerbaijan for the development of bioenergy sector, the Deputy Chairman of the State Agency for Renewable & Alternative Energy of Azerbaijan (ABOEMDA) Jamil Melikov stated. According ...