Azerbaijan, Georgia and Turkey to discuss Baku-Tbilisi-Kars railway project

01.03.2013 [16:29]
Azerbaijan, Georgia and Turkey will discuss the Baku-Tbilisi-Kars railway project in Istanbul in the fifth meeting of the Trilateral Coordination Council on Friday-Saturday. The sides will exchange of views on the reforms in the transport infrastructure, development ...

Azerbaijan, Germany sign MoU on cooperation

01.03.2013 [16:11]
Azerbaijan and Germany have inked a memorandum of understanding on cooperation to train personnel in business management. The memorandum was clinched by Azerbaijani Deputy Minister of Economic Development, Niyazi Safarov and Deputy Director General of European Policies Department of German Federal Ministry of Economics and Technology Andreas ...

Oil prices fall in world market

01.03.2013 [12:00]
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.71 to stand at $92.05. A barrel of British Brent crude oil sold for $111.38 at the London ICE ...

Trades at BICEX

01.03.2013 [11:58]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 28. The average-weighted dollar exchange rate was 0.7837 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals worth was registered on instrument USD/AZN T+0 at the morning session in BEST ...

Next meeting of Azerbaijani-Greek Intergovernmental commission and business forum due in Baku

28.02.2013 [22:11]
A regular meeting of the Azerbaijani-Greek Intergovernmental Commission on Cooperation will be held in Baku on March 6. According to the Ministry of Industry and Energy, preparatory work for the meeting was ...

PASHA Bank sponsored summit Future of Banking’ finish

28.02.2013 [19:48]
The 4th summit Future of Banking, organized by The Economist Conferences (a division of The Economist) with general sponsorship of PASHA Bank (one of the largest banks in Azerbaijan) has finished in Paris ...

Argentina, Azerbaijan mull space technology cooperation

28.02.2013 [19:16]
A meeting with representatives of the INVAP, Argentine high-technology company, engaged in the design, integration, construction and delivery of high complexity equipment, plants and devices, was held at the Information Technology ...

Azeri Light crude sells for $115.79

28.02.2013 [17:59]
Oil prices have changed in the world markets, with a barrel of Azeri Light crude trading for $115.79. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light ...

Georgian President: “I hope that by end of 2013 Baku-Tbilisi-Kars railway project will be completed”

28.02.2013 [16:03]
Saakashvili, whose legitimacy is questioned in Georgia, spoke in defense of Baku-Tbilisi-Kars railway project, calling it a "revolutionary project". "I hope that by the end of 2013 this project will be finished. This is a historic opportunity for our two countries, our doors to Europe, our entry into the European continent. That’s why I think ...

Trades at BICEX

28.02.2013 [15:16]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 27. The average-weighted dollar exchange rate was 0.7838 AZN at the morning session on US currency in the BEST ...

Japan, Azerbaijan relations reach new phase

28.02.2013 [11:07]
Japan and Azerbaijan build a new phase of bilateral relations. This is in the field of cosmic cooperation, Ali Abbasov, Azerbaijan’s ICT Minister told the journalists at the joint seminar started here and dedicated to the Japan-Azerbaijan satellite sector. Japan is highly developed country in the cosmic field, Abbasov stressed. At his words, the ...

Palyan Kazale project to be implemented in July, 2013

28.02.2013 [10:07]
According to the Azerbaijani embassy in Italy, residential areas “Palyan Kazale” to cover an area of 85.6 hectares will be implemented in Rome, Italy, in July this year ...

Baku hosts Azerbaijan-Japan space sector workshop

27.02.2013 [20:45]
A two-day workshop dedicated to Azerbaijan - Japan space sector has opened at the Hilton Hotel in Baku. The event is attended by representatives of 17 corporations and organizations from the Japanese side (30 reps) and 24 Azerbaijani organizations (40 delegates) ...

Leading Businesses in Azerbaijan Turn to IBM to Rein in Big Data

27.02.2013 [17:48]
As part of its ongoing commitment to helping organizations in growth markets better manage their increasing Big Data challenges, IBM (NYSE: IBM) today announced that two fast-growing businesses in Azerbaijan have selected IBM advanced systems and storage to help them more effectively process, manage and store ...

State Social Protection Fund Chairman meets Caspian-European Integration Business club members

27.02.2013 [15:51]
State Social Protection Fund chairman Salim Muslimov has today met members of the Caspian-European Integration Business Club (CEIBC). During the meeting, Telman Aliyev, President and CEO of CEIBC, provided an insight into the ...

Trades at BICEX

27.02.2013 [15:15]
The weighted average exchange prices made up 0.7838 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 26. The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US ...

Oil prices fall in world markets

27.02.2013 [14:20]
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.48 to stand at $92.63. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) ...

Croatian B4B company keen on cooperation with Azerbaijan in ICT sector

27.02.2013 [13:12]
A Croatia-based company B4B is interested in cooperation with Azerbaijani companies, the Azerbaijani Export and Investments Promotion Foundation (AZPROMO) informs. Croatian Company B4B established in 1995. In April 2001 it became a SAP partner for Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Montenegro, Albania, Romania and ...

Passenger transportation via air transport ups in Azerbaijan

27.02.2013 [11:23]
The State Statistical Committee says in January 118.1 thousand passengers were transported via air transport, up 11.7% from the same period of 2012. Of this, 98.5% was carried out by state sector, 1.5% - by private sector. Cargo transportation via air transport increased 12.9% and made 4000 tons ...