Azerbaijan’s “AS Group Investment” Company, TBC Bank sign partnership Memo

27.05.2015 [11:47]
“AS Georgia”, the daughter company to the international development holding “AS Group Investment” and TBC Bank signed a partnership memorandum regarding the “DIRSI” project to be implemented in Tbilisi. The memorandum’s new conditions make newly-built apartment ...

Oil price on world markets

28.04.2015 [12:14]
Oil prices have changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has increased $0.06 to trade at ...

Azvirt to be hired on more infrastructure projects in Serbia

16.04.2015 [10:18]
Serbia invites Azerbaijani companies to build a ring road around Belgrade, Prime Minister of Serbia Aleksandar Vucic said during the Azerbaijani-Serbian business forum in Baku Apr.14. He said that currently the Azerbaijani company AzVirt continues to build the main road with a length of 44 kilometers in Serbia ...

Construction of Baku-Tbilisi-Kars railway to be completed late this year

07.03.2015 [14:24]
“The construction of the Baku-Tbilisi-Kars railway will be finished late 2015”, Turkish Minister of Transportation, Maritime and Communication Lutfi Elvan has told a press conference in Istanbul. Commenting on the delay of the project, the Minister said: “This railway line will be ...

Oil price on world markets

03.03.2015 [10:50]
Oil prices have decreased in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $0.17 to trade at $49.59, as well price of British Brent crude oil at the London ICE ...

Aquatic Palace fully compliant with requirements of International Swimming Federation VIDEO

20.02.2015 [15:11]
The construction work is underway in the Aquatic Palace in Baku. With the aim of developing water sports in Azerbaijan and organizing competitions of local and international level, on 30 August 2012 President Ilham Aliyev signed a decree ...

Heydar Aliyev Sports Arena under reconstruction for Baku-2015 European Games  VIDEO

02.02.2015 [10:03]
The first European Games to take place in Heydar Aliyev Sports Arena which closed for repairs will be ready for commissioning by the end of February. As is reported, renovation of two building complexes that started in December 2014, have been completed. The first floor of the building has 3 rooms. Wrestling, sambo and judo competitions will be held ...

President Ilham Aliyev: Our industrial sector allows us opportunity to provide ourselves with building materials

21.01.2015 [18:33]
“Our rapidly developing industrial sector has also allowed us the opportunity to provide ourselves with building materials in recent years. With regard to construction materials, there is a favorable picture in this area,” said President Ilham Aliyev at a conference on outcomes of the first year of implementation of the ...

Commissioning of “Norm” Cement Plant put an end to dependence of importing

12.01.2015 [14:35]
“Last year, several projects were realized. Each of them is a huge project”, said President Ilham Aliyev at the meeting of the Cabinet of Ministers dedicated to the results of socio-economic development in 2014 and objectives for 2015. ...

AZN 3 mln allocated to continue construction of building for journalists

31.12.2014 [13:09]
President of Azerbaijan Ilham Aliyev has signed an order on additional measures for the construction of a building for media employees. Under the order, AZN 3 million has been allocated from the President’s Reserve Fund to the Fund of State Support for the Development ...

Azerbaijan Methanol Company has exported 100 thousand tons of methanol to the world markets

25.12.2014 [14:07]
Since August 2014, Azerbaijan Methanol Company (AzMeCo) has exported 100 thousand tons of the produced methanol to the ...

“Khazar İslands” project arouses great interest in USA

17.12.2014 [20:01]
"Khazar Islands" project of "Avesta" Company was presented within Miami Construction and Architecture Week, organized by the American Institute of Architects, the governor of the state of Florida and “Green Point International”. ...

Akkord Corporation, German Bauer sign MoU

20.11.2014 [20:30]
Akkord Industry Construction Investment Corporation has signed a Memorandum of Understanding with the German Bauer to look for new projects and expand experience. Founded in 1790, Bauer is currently the world's expert in the fields of construction ...

UAE delegation views Baku White City project

18.11.2014 [21:46]
A delegation led by Minister of Economy of the United Arab Emirates, co-chair of the Joint Intergovernmental Commission on Economic, Trade and Technical Cooperation Sultan Bin Saeed Al Mansoori has today viewed the Baku White City project ...

UAE delegation views Baku White City project

18.11.2014 [16:00]
A delegation led by Minister of Economy of the United Arab Emirates, co-chair of the Joint Intergovernmental Commission on Economic, Trade and Technical Cooperation Sultan Bin Saeed Al Mansoori has today viewed the Baku White City project ...

"Baku Steel Company" LLC awarded the prize of "Metallurgical Company of the Year"

18.11.2014 [12:17]
A flagship of the modern metallurgy of Azerbaijan Republic - Baku Steel Company LLC is the first up-to-date steelworks in the Caucasus region. The president of Georgia Giorgi Margvelashvili presented “Caspian Energy Award” on nomination "Metallurgical Company of the ...

AZN 10 mln allocated for completing construction of “Zikh” Ship Repair Yard

14.11.2014 [18:02]
President of Azerbaijan Ilham Aliyev has issued an order on extra measures regarding the construction of “Zikh” Ship Repair Yard in Baku. Under the Order, AZN 10 mln was allocated to Azerbaijan Caspian Shipping CJSC from ...

Daily Mail posts article on luxury 33-floor, sail-shaped hotel to open in Baku

07.11.2014 [16:23]
The Daily Mail newspaper has issued an article on the luxury 33-floor, sail-shaped hotel to open in Baku. Headlined “From New York to Baku! Ivanka Trump unveils plans for luxury 33-floor, sail-shaped hotel to open in Azerbaijan”, the article says: “Donald Trump today announced plans for a new luxury hotel in Azerbaijan to open in June 2015 ...

‘White City will be one of the best urban development projects not only in South Caucasus or in this vast region, but also globally’

15.10.2014 [18:06]
“Today the independent Azerbaijan is eliminating this environmental disaster. It is also quite symbolic because there will be a White City instead of the Black City. The White City will be one of the best urban development projects not only in the South Caucasus or in this vast ...