• A major agreement covering all aspects of integrated air navigation services was signed between air navigation providers of Azerbaijan and Turkiye.On May 27, the document was signed between “Azeraeronavigation” Air Traffic Control Department (AZANS) of “Azerbaijan Airlines” CJSC and the General Directorate of State Airports Authority ...
  • TEKNOFEST Azerbaijan Aerospace and Technology Festival has today kicked off in Baku. The event has been organized annually by the Turkish Technology Team (T3 Foundation) and the Ministry of Industry and Technology ...
  • Azerbaijan Airlines is launching flights from Nakhchivan to Ganja and back, AZAL told AZERTAC. Starting from May 6, flights in the Nakhchivan-Ganja-Nakhchivan direction will be performed twice a week - on Tuesdays and Fridays ...
  • Azercosmos and the Swiss Signalhorn have entered into a partnership agreement to provide uninterrupted, secure and high-quality satellite services throughout Africa via the C Band capacity on Azerspace-1 satellite. Using the latest iDirect technology, Azercosmos and Signalhorn will be able to contribute ...
  • “Azerbaijan Airlines” will start operating flights to the capital of the Czech Republic - Prague within the summer schedule of 2022. The air carrier will operate flights on the Baku-Prague-Baku route twice a week - on Mondays and Fridays. The first flight will be operated on June 17 ...

Azerbaijan, South Korea discuss cooperation in field of energy

26.04.2022 [11:06]
Azerbaijan’s Minister of Energy Parviz Shahbazov has met with the Ambassador of the Republic of South Korea to the country Lee Eun Yong, the Ministry told AZERTAC. The sides touched upon the development of diplomatic relations, trade and economic relations between the two countries ...

Oil prices jump on world markets

26.04.2022 [10:59]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $1.38 to trade at $103.70, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) ...

KOBIA received about 1,100 appeals regarding business activities in Karabakh, Chairman of Board says

25.04.2022 [17:39]
“KOBIA is continuing its work on the promotion of the economic potential of Karabakh at the international level, as well as collection of applications from enterprises wishing to start their businesses in the liberated territories,” said Chairman of the Board of Azerbaijan’s Small and Medium Business ...

Minister Sahil Babayev: “Labor relations and Employment” subsystem will be launched on May 1

25.04.2022 [17:07]
The new “Labor relations and Employment” subsystem will be launched on May 1 this year, Azerbaijan’s Minister of Labor and Social Protection Sahil Babayev said at a conference on the "Role of entrepreneurship in economic development" in Baku. He also noted that ...

Caspian Energy Club’s new board holds its first meeting

25.04.2022 [16:02]
Newly elected board of the Caspian Energy Club has held its first meeting, said Chairman and Chief Executive Officer of the Caspian Energy Club Telman Aliyev. The new structure of the Caspian Energy Club and the strategic plan for 2022 ...

Oil price drop on world markets

25.04.2022 [10:26]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $3.22 to trade at $103.43, while the price of the Light crude oil at the NYMEX ...

Baku to host "SME Fest"

23.04.2022 [19:08]
Baku and the country's regions will host exhibitions and sales fairs of products and services of micro and small businesses - "SME Fest". The first SME Fest exhibition and sales fair will be held on April 25-26 in "Icharishahar" (Double Tower Square) ...

SOCAR first vice-president: 4.01 billion cubic meters of Azerbaijani gas transported to Turkish and European markets in Q1 2022

23.04.2022 [18:25]
In the first quarter of this year, the Trans-Anatolian Natural Gas Pipeline (TANAP) has transported 4.01 billion cubic meters of Azerbaijani gas to the Turkish and European markets, said First Vice-President and Acting President of the State Oil Company of the Republic of Azerbaijan (SOCAR) Rovshan Najaf ...

Overhaul of “Nasimi” tanker completed

23.04.2022 [16:57]
The overhaul of the “Nasimi” tanker belonging to the Merchant Fleet of Azerbaijan Caspian Shipping Closed Joint-Stock Company (ASCO) has been completed. The high-quality repair of the vessel have been completed in time at “Zigh” Ship Repair and Construction Yard ...

Azerbaijani oil sells for $109.67

23.04.2022 [11:03]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.12 to trade at $109.67 ...

Oil prices drop on world markets

23.04.2022 [10:50]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.68 to trade at $106.65, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) ...

® Over 1 billion queries for last 3 months

22.04.2022 [22:30]
Providing an innovative and world-class customer service system in Azerbaijan, “Azercell Telecom” LLC is constantly working on increasing the level of customer satisfaction. The new mission of the company "Easing Connectivity, Empowering Lives" focuses on making life easier for subscribers ...

® Free Wi-Fi from Bakcell in Shusha

22.04.2022 [17:31]
Bakcell started offering free Wi-Fi service in the city of Shusha. From now on, Bakcell subscribers are able to benefit from this free service in such locations of Shusha as Jidir Duzu, Qarabag hotel and Shusha TV station ...

Ukraine was Azerbaijan’s top export market among CIS countries in Q1 of 2022

22.04.2022 [17:16]
Ukraine was Azerbaijan’s top export market in the first quarter of this year, according to the State Customs Committee. Ukraine, Russia and Belarus were the largest export destinations of Azerbaijan among the CIS member states. The volume of export with Ukraine ...

Azerbaijani oil price nears $111

22.04.2022 [12:11]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0,86 to trade at $110,79 ...

Oil prices drop on world markets

22.04.2022 [11:26]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.62 to trade at $106.71, while the price of the Light crude oil at the NYMEX ...

Italy was Azerbaijan’s top export market among EU countries in Q1 of 2022

22.04.2022 [11:04]
Italy was Azerbaijan’s top export market in January-March of this year, according to the State Customs Committee. Official statistics suggest that Italy, Portugal and Greece were the largest export destinations among the EU member states in the first three months of 2022. The volume of export ...

Azerbaijan-Belarus trade exceeds $88 million in Q1 2022

22.04.2022 [10:57]
Trade between Azerbaijan and Belarus increased to exceed $88 million in January-March of 2022. Official figures suggest that Azerbaijan exported goods worth $65.6 million to Belarus, while Azerbaijan`s imports from Belarus made $22.5 million in the first three months of 2022 ...

Swedish news portal highlights Trans-Caspian International Transport Route project

21.04.2022 [18:38]
The Swedish news portal Cawa Media has published an article highlighting the Trans-Caspian International Transport Route Middle Corridor project. The article hailed the quadrilateral statement signed between Georgia, Azerbaijan, Turkey and Kazakhstan aimed at strengthening cooperation and increasing the transit potential ...