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    ECONOMY

    Azerbaijan`s "AtaSigorta" attends 9th Almaty International Conference on Risk Management

    24.04.2013 [17:01]
    Chairman of the Management Board of Azerbaijan`s insurance company Atasigorta, Museyib Aliyev, has attended the 9th International Conference on Risk Management in Almaty, Kazakhstan. The conference, which brought together representatives of public sector, banking ...
    Briefing dedicated to Azerbaijan`s economy held in London

    Briefing dedicated to Azerbaijan`s economy held in London

    24.04.2013 [16:45]
    A briefing dedicated to Azerbaijan`s economy has been held in “Asian House” in London with the support of UK-Azerbaijan Business Council. The companies interested in Azerbaijan participated in the event, which featured discussions on trade and investment opportunities in the country, as well as the prospects ...

    Trades at BICEX

    24.04.2013 [15:17]
    The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on April 23. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US currency in ...
    Azerbaijan, Latvia discuss cooperation in insurance and pension sphere

    Azerbaijan, Latvia discuss cooperation in insurance and pension sphere

    24.04.2013 [11:47]
    State Secretary of Latvia`s Ministry of Welfare Ieva Jaunzeme has today visited the State Social Protection Fund of Azerbaijan. She met chairman of the State Social Protection Fund Salim Muslumov, and they focused on Azerbaijan-Latvia cooperation in insurance and pension sphere ...

    Lisbon hosts conference titled “Platform 2 Laboratory on Social Partnership for Matching Skills with Jobs”

    23.04.2013 [22:37]
    A conference titled “Platform 2 Laboratory on Social Partnership for Matching Skills with Jobs” has been held in Lisbon, Portugal. The conference was organized by the European Union and European Training Foundation ...

    Azerbaijan, ADB ink loan project

    23.04.2013 [22:06]
    The Azerbaijan Government and the Asian Development Bank (ADB) have signed a loan agreement “Second Road Network Development Investment Program - Tranche 1” which aims to finance construction work on four-lane Masalli-Jalilabad motor road with the length of approximately 32.2 km and other project components. ...

    Azerbaijan attends international ICT exhibition-conference in Minsk

    23.04.2013 [18:49]
    An Azerbaijani delegation is attending the 20th International Specialized Forum on Telecommunications, Information and Bank Technologies “TIBO-2013” in Minsk, Belarus. The TIBO-2013, organized by the Ministry of Communications and Informatization of Belarus ...
    Press conference on tranche agreement in energy sector between EU and Azerbaijan held

    Press conference on tranche agreement in energy sector between EU and Azerbaijan held

    23.04.2013 [18:21]
    The Azerbaijan State Agency on Alternative and Renewable Energy Sources has today hosted a press conference on a tranche agreement on budget assistance in energy sector signed between the European Union (EU) and Azerbaijan. The Budget Support Program with overall envelope of over AZN 14 million was agreed upon ...

    Azeri Light crude sells for $102.65

    23.04.2013 [17:28]
    Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $102.65. On the New York Mercantile Exchange NYMEX, cost of the US Light crude oil has increased $0.92 to stand ...
    Azerbaijani company awarded in Shanghai Auto Show

    Azerbaijani company awarded in Shanghai Auto Show

    23.04.2013 [13:08]
    Automotive Company ‘Auto Azerbaijan’ was named the ‘Distributor of the Year’ for successful cooperation with the Chinese automotive manufacturing company Geely, in the 2013 Shanghai Auto Show ...

    Trades at BICEX

    23.04.2013 [12:31]
    The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on April 22. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US currency in the ...

    Azerpost LLC gets gold level certificate

    23.04.2013 [10:16]
    Azerpost LLC of the Azerbaijan Ministry of Communications and Information Technologies has been awarded (7th time) the gold level certificate. Since 2004 the Universal Postal Union (UPU) represented by 192 countries has conducted ...

    Pasha Bank increases amount of capital by USD 30,25mln

    22.04.2013 [21:41]
    Azerbaijan`s Pasha Bank increased a club loan of $30.25 million for one year from such large international financial institutions as BaltikumsBank AS, Commerzbank Aktiengesellschaft, FBME Bank Ltd and Raiffeisen Bank International AG ...

    Azerbaijan, Georgia discuss how to increase capability of checkpoint

    22.04.2013 [21:36]
    ‘Azerbaijan and Georgia discussed ways of increasing capability of the checkpoint,’ said Chairman of the State Customs Committee Aydin Aliyev. ‘Pedestrians and vehicles are using ‘Sinigkorpu’ border checkpoint which is situated in ...

    INOGATE ESIB to comment on energy efficiency bill in Azerbaijan in June

    22.04.2013 [20:13]
    A project on “Energy Saving Initiative in the Building Sector in Eastern Europe and Central Asia” (ESIB) of INOGATE program of the European Union is preparing to make the fresh recommendations for beneficiary countries ...

    ADB proposes loan for reconstruction of railway stations in Azerbaijan

    22.04.2013 [20:08]
    Asian Development Bank (ADB) Transport Department’s director for Central and West Asia Ms. Xiaohong Yang, the chief experts Reddi Batula and Narendra Singru have visited the Transport Ministry of Azerbaijan to discuss the ADB’s initiatives on a loan for infrastructure of the Azerbaijani railways ...
    Krakow hosts conference on Azerbaijan, Poland energy cooperation

    Krakow hosts conference on Azerbaijan, Poland energy cooperation

    22.04.2013 [19:14]
    An international conference on energy cooperation between Poland and Azerbaijan was held in Krakow, Poland. Azerbaijani Minister of Industry and Energy Natig Aliyev represented the country at the ...
    Azerbaijan, Georgia trade turnover increasing year by year

    Azerbaijan, Georgia trade turnover increasing year by year

    22.04.2013 [15:52]
    Trade turnover between Azerbaijan and Georgia exceeded $700 mln in 2012, while it was $450 mln in 2009, said the Chairman of State Customs Committee Aydin Aliyev at the meeting with the delegation led by head of Customs Service of Georgian ...

    Azerbaijan to start money transfer with Belarus under STEFI

    22.04.2013 [13:19]
    Azerbaijani and Belarus postal operators will launch money transfer on STEFI (Secured Transfer of Electronic Financial Information) operating system. According to the Azerbaijan Ministry of Communication and Information Technologies, the ...
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