Azerbaijan’s best startup announced

09.06.2018 [13:07]
The winner of the 6th Seedstars World competition, organized by the Center of Innovations and Entrepreneurship Barama of Azercell Telekom in partnership with PASHA Bank, the Center for Patents and Trademarks, the Embassy of Switzerland in ...

Azerbaijan’s proven reserves of natural gas estimated at 1.3 trillion cm, OPEC

08.06.2018 [19:55]
According to the 53rd edition of the Annual Statistical Bulletin (ASB) of the Organization of the Petroleum Exporting Countries (OPEC), Azerbaijan’s proven natural gas reserves make 1 trillion 277 billion cubic meters. ...

OPEC: Azerbaijan’s proven oil reserves make 7 billion barrels

08.06.2018 [17:04]
Azerbaijan`s proven oil reserves are estimated at 7 billion barrels, according to the 53rd edition of the Annual Statistical Bulletin (ASB) of the Organization of the Petroleum Exporting Countries (OPEC) ...

SOCAR Turkey Enerji signs agreement for Coreworx Contract Management

07.06.2018 [20:59]
SOCAR Turkey Enerji A.Ş. has signed a multi-year agreement for Coreworx Contract Management, Coreworx Inc. ("Coreworx") announced. SOCAR will license Coreworx Contract Management as a Coreworx hosted solution ...

Azeri Light oil price exceeds $76

07.06.2018 [10:53]
Price of a barrel of Azeri Light crude oil increased $0.42 to stand at $76.13 in the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.51 to trade at $75.87, while the price of ...

Baku to host conference on Azerbaijan-Pakistan business potential

07.06.2018 [00:11]
Baku will host a conference on business potential of Azerbaijan and Pakistan in July. According to the Ministry of Economy, an exhibition dedicated to Pakistan will be launched in Baku this August ...

EU investments in Azerbaijan to reach $30 billion by 2021

06.06.2018 [10:15]
“Economic relations between Azerbaijan and the European Union are good opportunity to improve the business environment. We need to build a scheme that within the scope of the Eastern Neighborhood and Dialogue Expansion the volume of investments ...

Azerbaijan pays 5 percent of EU's oil demand

06.06.2018 [10:06]
Azerbaijan pays 5 percent of the European Union's (EU) oil demand, said Rufat Mammadov, deputy economy minister at the EU-Azerbaijan business forum. He said that the trade turnover between Azerbaijan and the EU increased by 15 percent last year. The European Union has 42 per cent stake in Azerbaijan's trade turnover. ...

Azerbaijan-EU trade increased 15 percent in four months of this year

05.06.2018 [18:39]
“Trade between Azerbaijan and the EU increased 15 percent in the first four months of this year. The European Union is Azerbaijan`s main foreign trade partner,” said Azerbaijan`s deputy minister of economy Rufat Mammadov at the EU-Azerbaijan ...

® Bakcell and ENGINET protect children from unwanted internet content

05.06.2018 [17:52]
Bakcell, the First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan, has announced that the safe internet bundle, launched two years ago now becomes available in the 4G network as well. Thanks to the safe ...

Asan Imza and Digital Trade Hub of Azerbaijan presented at largest e-Governance Conference in Estonia

05.06.2018 [17:33]
The annual Conference “Governance for Digital Citizens” devoted to the issues of providing e-services to the citizens in the digital world has been held in Tallinn, Estonia. ...

Online air tickets to Nakhchivan now available for booking on AZAL’s website

05.06.2018 [15:57]
Starting from today, online air tickets for flights from Baku to Nakhchivan and from Nakhchivan to Baku, departing from June 20, 2018, are available on the website of the national airline Azerbaijan Airlines (AZAL ...

Azerbaijan ranks 36th for quality of road infrastructure in World Economic Forum's report

05.06.2018 [13:10]
Azerbaijan is ranked 36th for the quality of roads infrastructure among 137 countries in the Global Competitiveness Index 2017-2018 published by the World Economic Forum (WEF). WEF ranked 137 countries based on World Opinion Survey ...

Azerbaijani Airlines launches direct flight from Baku to Tashkent

04.06.2018 [16:05]
Starting from June 30, 2018, Azerbaijan Airlines (AZAL) opens direct flights from Baku to Tashkent, the capital of Uzbekistan. The flights will be carried out once a week (on Saturdays), while from August 1 - twice a week (on Wednesdays and Saturdays) ...

Switzerland keen in import of Azerbaijani agricultural goods

04.06.2018 [10:52]
Azerbaijan’s embassy in the Swiss Confederation held a meeting with the leadership of country’s Migrolino shops with 313 affiliates and 800 million Swiss francs annual turnover. Migrolino is the affiliate of the huge Migros Company with 40 billion Swiss francs annual turnover ...

EU accounted for 42 per cent of Azerbaijan's export market in four months of this year, minister

01.06.2018 [20:05]
“European Union countries continue to be Azerbaijan’s biggest export market with a 42 per cent share in Azerbaijan’s exports in the first four months of this year,” said Azerbaijan's Minister of Economy Shahin Mustafayev as he met with European Commissioner for Budget & Human Resources Günther Oettinger. ...

Azerbaijan sends this year’s first export mission to Astrakhan

01.06.2018 [11:00]
Azerbaijan`s Ministry of Economy has dispatched its first export mission to promote “Made in Azerbaijan” brand to Astrakhan this year. It includes 30 local companies operating in agriculture, processing, light industry, construction and other areas ...

Reyhan Jamalova’s invention arouses great interest at 25th International Caspian Oil & Gas Exhibition

01.06.2018 [10:59]
As earlier reported, within the 25th Anniversary International Caspian Oil & Gas Exhibition and Conference, the State Agency on Alternative and Renewable Energy Sources (ABOEM) of the Republic of Azerbaijan has presented its solar panels, hybrid systems, ...

UK Prime Minister's Trade Envoy: Southern Gas Corridor project is Azerbaijan`s another success in energy sector

01.06.2018 [10:57]
UK Prime Minister's Trade Envoy to Azerbaijan Baroness Emma Nicholson has described the realization of the Southern Gas Corridor as another success of Azerbaijan in energy sector as she met with Azerbaijan’s Energy Minister Parviz Shahbazov. ...