Azeri Light crude sells for $111.73

15.07.2013 [15:27]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $111.73. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil increased $1.04 ...

Azerbaijan to launch direct flights to Beijing

15.07.2013 [14:53]
Azerbaijan Airlines (AZAL) has said it is planning to open direct flights on the Baku-Beijing/ Beijing-Baku route. The flight, initially planned to be opened in May, has been temporarily postponed due to the new requirements set for the airline by the Chinese side ...

Azerbaijani companies invited to 9th International Quality Tournament of CEEC

15.07.2013 [12:18]
Azerbaijani companies are invited to the 9th International Quality Tournament of Central and Eastern European Countries (CEEC). As outcomes of last eight Tournaments 53 companies from Hungary, Romania, Lithuania, Belarus, Azerbaijan, Kazakhstan, Tajikistan, Russia and Ukraine achieved status of the ...

Berlin to host 3rd meeting of Azerbaijan-Germany High Level Working Group

14.07.2013 [16:06]
The 3rd meeting of Azerbaijan-Germany High Level Working Group on Trade and Investments will be held on July 17-18 in Berlin. Azerbaijan`s delegation at the event will be led by head of the Economic Development Ministry`s Administration Samir Veliyev. ...

Members of European Parliament visit Azerbaijan`s Ministry of Industry and Energy

14.07.2013 [12:13]
A delegation of European Parliament`s members visited Saturday the Ministry of Industry and Energy of Azerbaijan. Deputy minister Natig Abbasov briefed the delegation at the meeting achievements made in ...

Event on 1st anniversary of establishment of Azerbaijan-Italy Trade Institute held in Rome

14.07.2013 [10:56]
An event has been held in Rome to mark the 1st anniversary of establishment of Azerbaijan-Italy Trade Institute. The event was co-organized by the Azerbaijan-Italy Trade Institute and the country`s ...

Azerbaijan`s Silk Way Airlines, Boeing announce order for two 747-8 freighters

13.07.2013 [15:31]
Azerbaijan`s cargo carrier Silk Way Airlines has ordered two Boeing 747-8 freighters valued at $704 million at current list prices. The order is part of Silk Way`s fleet expansion plans as it continues to increase its regional and international footprint ...

Trades at BICEX

13.07.2013 [15:20]
The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on July 12. The average-weighted dollar exchange rate was 0.7834 AZN at the morning session on US ...

Central Bank Director General meets Executive Director of Karabakh Foundation

13.07.2013 [12:48]
Director General of Central Bank Agshin Valiyev has met Executive Director of the Karabakh Foundation Diana Cohen Altman. Mrs. Cohen Altman highlighted the activities of the Foundation, particularly what had been ...

AccessBank named ‘Best Bank in Azerbaijan’ by Euromoney

12.07.2013 [18:25]
AccessBank has won "Best Bank in Azerbaijan" award at the annual Euromoney "Awards for Excellence" in London. The bank received the award for the fourth consecutive year. The Euromoney awards are among the most prestigious in the financial world and are given ...

Oil prices fall in world markets

12.07.2013 [16:58]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $1.61 to stand at $104.91. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has ...

Azerbaijan, Argentina discuss prospects for expansion of cooperation

12.07.2013 [12:45]
Azerbaijan`s minister of economic development Shahin Mustafayev has met Argentinean ambassador to the country Carlos Dante Riva. Mr. Mustafayev hailed the development of relations between the two countries. He stressed the importance of reciprocal visits in terms of expansion ...

Trades at BICEX

12.07.2013 [12:04]
The weighted average exchange prices made up 0.7834 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on July 11. The average-weighted dollar exchange rate was 0.7834 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals worth 783 400 AZN were registered on instrument USD/AZN T+0 at the morning ...

4th International Conference on Control and Optimization with Industrial Applications – COIA 2013 kicks off in Bulgaria

11.07.2013 [19:35]
The 4th International Conference on Control and Optimization with Industrial Applications (COIA 2013) has started in Borovets, Bulgaria. The event is co-organized by Azerbaijani minister of communication and information ...

Azerbaijan attends international depositary conference in Russia

11.07.2013 [16:35]
Representatives of the Azerbaijan National Depository Center have participated in the 12th international depositary conference in Sankt-Petersburg, Russia. The conference offered unique networking opportunities for delegates from around the ...

AZPROMO hosts meeting with Italian businessmen

11.07.2013 [16:03]
A meeting with Italian businessmen was held in Azerbaijan Export and Investment Promotion Foundation (AZPROMO). Head of AZPROMO Rufat Mammadov highlighted socio-economic reforms in Azerbaijan, as ...

Azeri Light crude sells for $111.33

11.07.2013 [15:06]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $111.33. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil increased $2.99 ...

Azerbaijan attends Economical Modeling-EcoMod-2013” conference

11.07.2013 [13:41]
Director at Institute for Scientific Research on Economic Reforms Vilayat Valiyev has participated in the 13th international “Economical Modeling-EcoMod-2013” conference in Prague, the Czech Republic. The event brought together nearly 180 representatives from 50 countries. ...

Trades at BICEX

11.07.2013 [12:33]
The weighted average exchange prices made up 0.7834 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on July 10. The average-weighted dollar exchange rate was 0.7833 AZN at the morning session on US currency in the BEST ...