Azerbaijan`s economy grew 4.1% this year
Azerbaijan`s Gross Domestic Product increased 4.1% in the first nine months of 2010, said deputy agriculture minister Bahram Aliyev ...
Standard & Poor`s rates Rabitabank among top five most transparent banks
Rabitabank is among top five most transparent banks in Transparency & Disclosure by Azerbaijani banks report released by Standard & Poor`s ...
Russian, Japanese companies to invest $300 million in East Siberian oil, gas projects
The Irkutsk Gas Company (INK) and the Japan Oil, Gas and Metals Cooperation (JOGMEC) will invest $300 million until 2014 in the development of three oil and gas ...
G20 summit agrees to reform IMF
Finance ministers from the G20 leading economies have agreed reforms of the International Monetary Fund, giving major developing nations more of a say, BBC reported ...
Azerbaijan exported 13.1bn cm of gas this year
Azerbaijan exported 13.1 billion cubic meters of gas via main pipelines in the first nine months of 2010, the country`s State Statistical Committee announced ...
Azerbaijani Central Bank chief visits Austria
Chairman of the Board of Directors of the Azerbaijan Central Bank Elman Rustamov has paid a ...
G20 finance ministers resist US pressure over trade
US proposals that countries set targets to reduce trade imbalances appeared to be running into opposition at the G20 meeting of leading economies ...
Accessbank recognized as most transparent bank of Azerbaijan
The United States-based financial services company, Standard & Poor`s, has ranked Azerbaijan`s AccessBank as the “Most Transparent bank of Azerbaijan” in its Information Transparency Research of the country`s banks ...
Azerbaijan ranks 57th in Global Competitiveness Index
Azerbaijan has ranked 57th in the Global Competitiveness Index of the World Economic Forum. Falling only behind Russia, Azerbaijan outclassed its Caucasian and Central Asian neighbors in the Index which ranked 139 countries ...
UPU autumn session to start next week
The autumn session of the Administrative Council of the Universal Postal Union (UPU) will be held in Bern city of Switzerland from 25 October to 12 November ...
USAID supports new fish incubator in Zagatala
Over 300 fishermen from Balakan, Gakh and Shaki cities will use the newly constructed fish incubator in Zagatala city. The UN Agency for International ...
Baku expected to be financial center
The CIS Finance and Banking Council finds the need for establishment of a single economic zone in the Caspian ...
SOFAZ assets reach $20 bln
The assets of the State Oil Fund of Azerbaijan (SOFAZ) have reached $20 billion in 2010 as of September 2010. The assets are forecast to hit $50 billion in the next 5 years. The Fund`s reserves ...
TRACECA seminar held in Baku
A seminar of the international transport corridor Europe-Caucasus-Asia (TRACECA) on the project of security in the Caspian and Black seas and prevention of the pollution took place in Baku ...
Azeri Transport Minister meets British Minister of State for Europe
Transport Minister of Azerbaijan Ziya Mammadov met Thursday British Minister of State for Europe David Lidington ...
Ukraine-Azerbaijan business forum held in Baku
A Ukraine-Azerbaijan business forum was held here Thursday as part of the Bakubuild international construction exhibition ...
New well drilled at “Darvin bankasy” field
Oil Rocks Offshore Drilling Office of the Complex Drilling Works Trust continues drilling of the well No 659 from the platform No 660 at “Darvin bankasy” field ...
IBA launches Cash-to-Card project
The International Bank of Azerbaijan and Coinstar Eurasia Limited company signed a cash-to-card agreement ...
China`s rapid economic growth slows in third quarter
China says its economy has maintained robust growth in the third quarter of 2010, albeit at a slightly lower rate. Official figures show a drop from just over 10% growth to 9.6%, still far ahead of any other major economy ...