LATEST NEWS

EU Parliament approves €18.4 million allocation for fighting unemployment

11.12.2013 [16:36]
Germany, Denmark and Finland should receive €18.4 million as aid for fighting unemployment. The corresponding decision was made on Tuesday at the European Parliament plenary session in Strasbourg. Funds will be allocated from the European Globalization Adjustment Fund. Thus, according ...

Moody`s upgrades OJSC Xalq Bank`s deposit rating to B2; outlook stable

11.12.2013 [15:34]
Moody`s Investors Service has today upgraded OJSC Xalq Bank`s long-term local and foreign currency deposit ratings to B2 from B3. Moody`s affirmed Xalq Bank`s standalone E+ bank financial strength rating (BFSR), which is equivalent to a ...

Drug kills cancer in quarter of leukaemia patients

11.12.2013 [15:24]
A new drug has eliminated cancer in almost a quarter of patients with advanced leukaemia, early trial results show, in a breakthrough that also shows promise for the treatment of other cancers. Melbourne patients with chronic lymphocytic leukaemia were the first in the world to receive the drug, ABT-199, developed by scientists from two US drug companies in ...

Trades at BICEX

11.12.2013 [15:23]
The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on December 10. The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals were not registered on the instrument USD/AZN T+0. Deals worth 1 591 344 70 AZN were registered on instrument USD/AZN T+0 at the afternoon ...

Minor quake strikes Azerbaijan`s Lankaran region

11.12.2013 [15:20]
An earthquake measuring 3.10 on the Richter scale hit Azerbaijan`s Lankaran region at 22:40 local time on December 10, the Republican Seismological Service Center (RSSC) of the Azerbaijani National Academy of Sciences (ANAS) reported. ...

Baku to host concert of "Arpeggione" quartet

11.12.2013 [13:56]
Baku will host a concert of the "Arpeggione" quartet at the Hajibeyov Baku Academy of Music on December 16. The "Arpeggione" quartet was created in 1988 and became the winner of prestigious ...

Armenia continues violating ceasefire with Azerbaijan

11.12.2013 [13:38]
Subunits of the Armenian Armed Forces shattered ceasefire with Azerbaijan in nameless hills of Gadabay region, Yusifjanli village of Aghdam region and Kuropatkino village of Khojavend region on December 10-11. ...

Nobel Prizes Awarded in Oslo, Stockholm

11.12.2013 [13:18]
Winners of the prestigious Nobel prizes collect their awards Tuesday, in ceremonies in Oslo, Norway and Stockholm, Sweden. The head of the Organization for the Prohibition of Chemical Weapons is set to accept the Nobel Peace Prize in Oslo Tuesday on behalf of the Netherlands-based watchdog ...

Representatives of Azerbaijan State Academic Theatre participate in opening ceremony of Macedonian National Theatre

11.12.2013 [13:12]
Representatives of the Azerbaijan State Academic Theatre, including director of the Theatre Israfil Israfilov have visited Macedonia to attend the opening ceremony of a new building of the Macedonian National Theater ...

Center for Strategic Studies to be academic partner of 2nd Annual Frankfurt Gas Forum

11.12.2013 [13:00]
The Center for Strategic Studies under the President of the Republic of Azerbaijan (SAM) will be an academic partner of the second Annual Frankfurt Gas Forum to be held in Frankfurt, Germany on December 11-12. SAM energy expert Gulmira Rzayeva will deliver a report on the “European gas market and ...

Azerbaijani Embassy in Moldova participates in 17th charity fair

11.12.2013 [12:57]
The Embassy of Azerbaijani in Moldova has participated in the 17th charity fair organized by the International Women`s Club. The event featured more than 30 pavilions prepared by embassies accredited in Moldova and ...

The Washington Times posts article headlined “Caspian energy equals American security”

11.12.2013 [12:52]
“The Washington Times” has issued an article titled “Caspian energy equals American security” by Representative of the First District of Oklahoma Jim Bridenstine. The article says: “In a landmark achievement, the United States recently surpassed ...

Ukraine chose their 20 finalists

11.12.2013 [12:50]
The internal Ukrainian jury made their decision on 20 best applicants who will compete in the national final for the right to represent their country in Copenhagen. The Ukrainian national final will take place on December 21st. Over 50 applications have been sent to the NTU, the national television broadcaster in ...

Azerbaijan, Saudi Arabia discuss economic cooperation

11.12.2013 [12:21]
Azerbaijani minister of economy and industry Shahin Mustafayev has met a Saudi Arabian delegation led by Governor of the General Investment Authority (SAGIA) Abdullatif bin Ahmed Al-Othman and SAGIA`s deputy ...

Azerbaijani MPs join 6th session of Asian Parliamentary Assembly

11.12.2013 [11:47]
Azerbaijani parliamentarians Mubariz Gurbanli and Asef Hajiyev have attended the 6th session of the Asian Parliamentary Assembly in Islamabad, Pakistan. The event featured a wide range of issues, including how to stimulate free trade among ...

2nd Annual Frankfurt Gas Forum kicks off

11.12.2013 [11:39]
The second Annual Frankfurt Gas Forum has today started in Germany at the Steigenberger Frankfurter Hof Hotel. The academic partner of this year’s event is the Center for Strategic Studies under the President of the Republic of Azerbaijan ...

Round table titled “Constitution of Russian Federation is a guarantee of development of friendly ties between Russia and Azerbaijan” held in Baku

10.12.2013 [22:21]
A round table titled “Constitution of the Russian Federation is a guarantee of development of friendly ties between Russia and Azerbaijan” has today been held in Baku ...

Azerbaijani FM addresses 40th session of Council of Foreign Ministers of Organization of Islamic Cooperation

10.12.2013 [22:06]
Azerbaijani Foreign Minister Elmar Mammadyarov has today addressed the 40th session of the Council of Foreign Ministers of the Organization of Islamic Cooperation titled "Dialogue of civilizations: factor of peace and sustainable development" in Conakry, Guinea ...

EADS to cut 5,800 jobs at defence and space unit

10.12.2013 [21:39]
European Aeronautic Defence & Space Co. (EAD.FR) said Monday it will cut 5,800 jobs at its Airbus Defence and Space unit, including administrative posts, as it trims its defense operations to adjust to the downturn in the ...

Azerbaijani Defense Minister meets Iranian Ambassador

10.12.2013 [21:22]
Azerbaijan`s Defense Minister, Colonel-General Zakir Hasanov has today met Iranian Ambassador to the country Mohsen Pak Ayin. During the meeting, they discussed a wide range of issues, including the Azerbaijan-Iran ...

President Ilham Aliyev allocates AZN 2 million for construction of Ismayilli-Goytapa-Galinchag-Rushan highway

10.12.2013 [20:42]
President of Azerbaijan Ilham Aliyev has today signed an Order on construction of the Ismayilli-Goytapa-Galinchag-Rushan highway of the country’s Ismayilli district ...

Conference marking 65th anniversary of Adoption of Universal Declaration of Human Rights kicks off in Baku

10.12.2013 [20:28]
A conference marking the 65th Anniversary of the Adoption of Universal Declaration of Human Rights has today started in Baku. The main theme of the conference, organized by the State Committee for Work with ...

Azerbaijani young performer becomes second at international competition-festival

10.12.2013 [20:05]
Azerbaijani young performer Ulviyya Shikhaliyeva has taken the second place at the “Narva lights stars” competition-festival held on December 6-8 in Narva, Estonia. ...