OPEC: Global oil demand growth forecast at 1.14 mb/d for both 2019 and 2020

11.07.2019 [19:48]
Global oil demand growth, despite some uncertainty, is forecast at 1.14 mb/d for both 2019 and 2020, according to the July edition of the OPEC Monthly Oil Market Report which highlights 2020 oil market forecast ...

MEDEF President: France is interested in agricultural cooperation with Azerbaijan

11.07.2019 [19:25]
“France is interested in cooperation with Azerbaijan in the field of agriculture,” said President of MEDEF (Movement of the Enterprises of France) Geoffroy Roux de Bézieux. “We can also develop tourism sector between our countries, as well as build cooperation in application of new technologies ...

Economy minister: French companies invested $2.2bn in Azerbaijan so far

11.07.2019 [15:41]
French companies have invested a total of $2.2 billion in Azerbaijan`s economy, Minister of Economy Shahin Mustafayev has told an Azerbaijani-French business forum. He said Azerbaijan had invested $2.6 billion in France ...

Holders of SOCAR Bonds to earn $13.75 million

11.07.2019 [14:25]
The 11th coupon payment (3rd for the year) for SOCAR Bonds with annual interest of 5 percent will take place on 17th of July 2019, raising the total revenue of the bond holders up to 13 million 750 thousand USD, SOCAR Capital Company has told AZERTAC ...

Japanese ITOCHU expresses interest in cooperating with SOCAR

11.07.2019 [14:04]
The Japanese ITOCHU Corporation has affirmed interest in cooperating with Azerbaijan`s state oil firm, SOCAR. Managing Executive Officer, President of Energy & Chemicals Company at ITOCHU Keita Ishii met with SOCAR president Rovnag Abdullayev. "We are interested in building cooperation in all areas and forms ...

Azerbaijani-French trade grew 53 percent in five months of this year

11.07.2019 [13:45]
“Trade between Azerbaijan and France increased 53 percent in five months of 2019,” said Minister of Economy Shahin Mustafayev as he spoke at an Azerbaijani-French business forum in Baku ...

Azerbaijani, Turkish businessmen living in USA hold meeting

11.07.2019 [13:17]
Co-organized by the United States-Azerbaijan Chamber of Commerce, and Azerbaijani and Turkish embassies in the US, a meeting of the Azerbaijani and Turkish businessmen living in the US has been held in Washington ...

Azerbaijani oil price exceeds $68

11.07.2019 [12:20]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $2.33 to stand at $68.11 ...

Opportunity to create website for corporate clients from Azercell!

11.07.2019 [11:59]
Aiming to ensure customers’ daily and business life convenience through implementation of cutting-edge technologies and digital solutions, Azercell is pleased to introduce a new service to its corporate customers. Thus, in order to make digital services ...

Oil prices jump on world markets

11.07.2019 [11:35]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.02 to trade at $67.03 while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose ...

Our goal is to develop business relations between France and Azerbaijan, President of MEDEF

10.07.2019 [20:52]
“We have come to Azerbaijan with a large delegation featuring heads of 60 French companies. The delegation includes representatives of not only oil sector but also other sectors, including construction, banking, digital technologies and agriculture. Our ultimate goal is to study the business potential ...

100% of TAP pipes in Greece, Albania to be lowered into ground by late 2019

10.07.2019 [18:02]
Trans Adriatic Pipeline (TAP) consortium expects 100 percent of pipes in Greece and Albania to be lowered into ground by late 2019, TAP AG Managing Director Luca Schieppati said. He said that at present, 98 percent of the pipes are in the ground in Greece and Albania ...

AZPROMO invites Azerbaijani entrepreneurs to join International Medical Investment Forum in Dushanbe

10.07.2019 [15:23]
Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has invited Azerbaijani entrepreneurs to attend the International Medical Investment Forum "Avisenna" to be held on August 15-18 in Dushanbe, Tajikistan. Entrepreneurs wishing to participate in the forum can apply for the details to AZPROMO ...

® Schoolchildren visit Bakcell

10.07.2019 [13:34]
Bakcell, the First Mobile Operator and Fastest Mobile Internet Provider of Azerbaijan invited the participants of “Yaaay!” program, held by “Ders Evi” learning center for a tour at the company’s office. Schoolchildren who participate in the program have visited the Contact Center of Bakcell ...

Oil prices jump on world markets

10.07.2019 [12:26]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.65 to trade at $64.81 while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.84 to stand at $58.67 ...

Azerbaijani oil sells for $65.78

10.07.2019 [11:19]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.77 to stand at $65.78 ...

President of European Council Donald Tusk visits Baku International Sea Trade Port

09.07.2019 [19:52]
President of the European Council Donald Tusk has familiarized himself with the Baku International Sea Trade Port located in the Alat settlement. Minister of Economy Shahin Mustafayev informed Donald Tusk of the activity of the port ...

Azerbaijan's international airports served 2.4 million passengers in the first six months of 2019

09.07.2019 [18:02]
Azerbaijani international airports’ passenger traffic hit 2.4 million people in the first half of 2019. Of these, 2 million accounted for the Heydar Aliyev International Airport, which is 73,000 passengers more than the same figure last year. The second busiest airport was Nakhchivan - 284 thousand passengers, the third - the airport ...

® Number of Nar’s 4G base stations reaches 2000

09.07.2019 [16:45]
The number of 4G base stations of Nar, which has the largest 4G network in the country, now reaches 2000. The mobile operator’s 2000th LTE base station was installed in Samukh region. Thus, residents of the said district will be able to benefit from the Nar’s wide ...