• OPEC's Secretary General Mohammad Barkindo has died at the age of 63, Mele Kyari, the chief executive of Nigerian National Petroleum Corporation (NNPC) said Wednesday, according to DW. "We lost our esteemed Dr. Mohammad Sanusi Barkindo," Kyari said on Twitter ...
  • Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev held a number of bilateral meetings during his working visit to Israel. During the visit, an agreement on air transport was signed between the Ministry of Digital Development and Transport of the Republic of Azerbaijan and the Ministry of Transport and Road Safety of Israel ...
  • The 24th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) was held in Baku on June 23. Opening the meeting, Finance Minister, Chairperson for the Republic of Azerbaijan of the BSTDB Samir Sharifov said that the Black Sea Trade and Development Bank ...
  • According to the ranking "Significant Ship 2021" published by the British Royal Institution of Naval Architects (RINA), the Ro-Pax type ferry vessel “Azerbaijan” owned by “Azerbaijan Caspian Shipping” CJSC (ASCO) was included in the ranking list of the top 50 vessels of the world ...
  • Continuing to develop its route network, Azerbaijan Airlines will launch flights from Baku to the Georgian capital Tbilisi in July. The Baku-Tbilisi-Baku flights will be operated three times a week, on Mondays, Tuesdays and Fridays. The first flight will be operated on 1 ...

Spanish businessmen keen on participating in industrial investment projects

24.05.2022 [16:53]
President of the Azerbaijan-Spain Trade and Culture Association Farid Mustafayev has met with CEO of Factor Energía SA Company of Spain Emili Rousaud Parés.The sides discussed issues related to the implementation of investment projects of Spanish companies in Azerbaijan`s industrial zones ...

Oil prices drop on world markets

24.05.2022 [12:21]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.40 to trade at $112.02, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decreased ...

Azerbaijani oil price nears $123

24.05.2022 [11:32]
Azerbaijani oil price have increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.08, to trade at $122.70 ...

® Nar subscribers opt for digital service channels

23.05.2022 [19:55]
On the back of its customer-oriented strategy, Nar has released its customer service indicators for the first quarter of 2022. According to the calculations, the customers prefer “Nar+” app, which allows to perform a range of important operations, such as checking the balance, activating the new tariff ...

Azerbaijan increases exports to EU countries

23.05.2022 [18:55]
Products worth $7.558.4 billion have been exported to the EU countries in January-April of 2022. According to the State Customs Committee, this figure is $4.248.8 billion more than the same period last year ...

Tehran hosts 4th meeting of High-Level Working Group for Caspian Sea

23.05.2022 [17:48]
The 4th meeting of the High-Level Working Group for the Caspian Sea has kicked off in Tehran, Iran. The meeting features discussions on issues of mutually beneficial cooperation ...

Direct flights will again connect Azerbaijan and Montenegro

23.05.2022 [16:47]
Azerbaijan Airlines in partnership with tour operator PASHA Travel will again launch charter flights to Montenegro, press service of Azerbaijan Airlines CJSC told AZERTAC. AZAL and PASHA Travel have agreed to resume the charter program ...

Oil prices jump on world markets

23.05.2022 [10:48]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $1.22, to trade at $113.77, while the price of the Light crude oil at the NYMEX (New York ...

Forbes Georgia magazine to highlight Azerbaijan’s ancient city of Shusha and Karabakh

21.05.2022 [16:50]
Georgia’s most influential business magazine - Forbes Georgia will dedicate one of its editions to Azerbaijan’s ancient city of Shusha and Karabakh. Chairman and Chief Executive Officer of the Caspian Energy Club (CEC) Telman Aliyev said that the CEC and Forbes Georgia signed a ...

Azerbaijan, Iran discuss prospects for cooperation in railway sector

21.05.2022 [12:31]
As part of the visit of the Azerbaijani delegation led by Deputy Prime Minister Shahin Mustafayev to Iran, a meeting was held between the heads of Azerbaijan Railways (ADY) CJSC and Islamic Republic of Iran Railways (RAI) in Tehran ...

Caspian Energy Club, SOCAR Energy Georgia hold meeting

21.05.2022 [11:19]
The Caspian Energy Club has organized a Business Tour (from May 19 to 22) in Georgia with the participation of 27 entrepreneurs. A number of B2B and B2G meetings will be held on the sidelines of the Business Tour, said Chairman and Chief Executive Officer of the Caspian Energy Club ...

Oil prices jump on world markets

21.05.2022 [11:06]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.51, to trade at $112.55, while the price of the Light crude oil at the NYMEX (New York ...

Azerbaijani oil sells for more than $121

21.05.2022 [10:46]
Azerbaijani oil price has increased on the world markets. The price of barrel of Azeri Light crude oil rose $2.63 to trade at $121.62 ...

Azerbaijan-Moldova trade made $8,4 million in January-April 2022

21.05.2022 [10:19]
The bilateral trade between Azerbaijan and Moldova made up $8,4 million in January-April of this year. Official figures suggest that the volume of exports from Azerbaijan to Moldova amounted to $6,8 million, while imports from Moldova to Azerbaijan made $1,6 million in the first four months of 2022 ...

® Nar continues professional development of local ICT specialists

20.05.2022 [21:33]
With the aim to develop local specialists in the field of ICT in Azerbaijan, another training on “Fundamentals of Mobile Communication” was held at the Azerbaijan Technical University (AzTU). The training program which is essential ...

Azerbaijan, Iran discuss prospects for cooperation in railway sector

20.05.2022 [20:14]
As part of the visit of the Azerbaijani delegation led by Deputy Prime Minister Shahin Mustafayev to Iran, a meeting was held between the heads of Azerbaijan Railways (ADY) CJSC and Islamic Republic of Iran Railways (RAI) in Tehran. The sides discussed ...

Azerbaijan is Georgia's fourth largest foreign trade partner

20.05.2022 [19:40]
Azerbaijan is Georgia`s fourth largest foreign trade partner, with the bilateral trade between the two countries totaling $445.4 million in January-April of 2022, Georgia`s National Statistics Service said ...

Silk Way West Airlines further expands its global network in US

20.05.2022 [19:19]
Silk Way West Airlines expands its US network by adding regular services to and from Dallas Fort Worth, the second major freight hub in the country to be served by scheduled services alongside Chicago O'Hare, according to the company’s official website ...

Caspian Energy Club, Union of Azerbaijani Businessmen in Georgia sign Memorandum of Cooperation

20.05.2022 [18:27]
The Caspian Energy Club and the Union of Azerbaijani Businessmen in Georgia (AZEBI) have signed a Memorandum of Cooperation. The document was inked by AZEBI Chairman of Board Nariman Gurbanov and Chairman of the Board and Chief Executive Officer of the Caspian Energy Club Telman Aliyev ...