LATEST NEWS

President of Azerbaijan officially welcomed to Montenegro

12.03.2013 [14:09]
President of Azerbaijan Ilham Aliyev has today arrived in Montenegro for an official visit. President Ilham Aliyev has been given an official welcome to Montenegro at Podgorica ...

Russia, Nicaragua neutralize large drug cartel

12.03.2013 [13:37]
Russia and Nicaragua have neutralized a large drug cartel, Russian Federal Drug Control Service chief Viktor Ivanov said on Monday. During his meeting with President Vladimir Putin in Moscow earlier today, Ivanov said that ...

Israeli military helicopter crashes, two pilots killed

12.03.2013 [13:30]
An Israeli air force helicopter crashed in southern Israel on Tuesday killing its two pilots, the Israeli military said. The BELL AH-1 Cobra helicopter was on a routine training flight when contact with it was lost. "The remains of the helicopter ...

TASIM project proposed by Azerbaijan selected one of world’s global 13 projects

12.03.2013 [13:21]
The project Trans-Eurasian Information Super Highway (TASIM) considered to be implemented by Azerbaijan’s initiative was selected one of the world’s 13 global projects. According to Ministry of Communication and Information Technologies, TASIM project was selected as a nominee among the 100 infrastructure projects presented at the 6th Global ...

Azeri oil shipping from Turkey’s Ceyhan port drops by 2.4% in February

12.03.2013 [13:20]
The SOCAR informs that this February it was shipped 2.287 million tons of Azeri oil from Turkish port Ceyhan against 2.3 million tons in January, 2.716 million tons in June of 2012 (last year’s best index), and 3.011 million tons in March 2011 (the best index in 2011). ...

BTC transports over 2.3 million tones of oil in February

12.03.2013 [13:19]
The Baku-Tbilisi-Ceyhan (BTC) export pipeline transported 2,327,909 tons of Azerbaijan`s oil in February. In January-February, a total of 4,905,102 tones of oil were exported through the pipeline. Since the start-up the pipeline has shipped 210.356,916 tons of crude. ...

Azeri Light crude sells for $112.67

12.03.2013 [13:18]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $112.67. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil increased $0.11 to stand at $92.06. ...

Trades at BICEX

12.03.2013 [13:16]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on March 11. The average-weighted dollar exchange rate was 0.7837 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). ...

The economic downturn of the periphery of the European Union moved to the center

12.03.2013 [13:15]
After the official statistics of the sharp decline of production in late 2012, the Commission of the European Union added pessimism, unveiling a gloomy forecast for 2013. Four months ago, the European Commission experts were expecting a moderate recovery in the first half of this year. Now, the minimum recovery is not ...

Azerbaijan becomes fastest growing country in the last decade

12.03.2013 [13:12]
The International Monetary Fund (IMF) has been in Azerbaijan from February 27 to March 12. As a result, the International Monetary Fund (IMF) has forecast 9% growth in non-oil sector in Azerbaijan in 2013 ...

French ambassador visits Baku High Oil School

12.03.2013 [13:06]
French ambassador to Azerbaijan Pascal Meunier, attachй for culture and cooperation Vincent Lorenzini and head of the Educational and Linguistics Cooperation Mission Charlotte Payne have visited the Baku High Oil School (BHOC) to meet Rector Elmar Gasimov ...

Lufthansa increases flights to Azerbaijan

12.03.2013 [13:00]
German airline Lufthansa is to increase the number of Frankfurt-Baku-Frankfurt flights to five per week, the company said. The increase is seen in connection with the transition to the summer timetable ...

Azerbaijan`s ambassador meets Supreme Court chairman of Tajikistan

12.03.2013 [12:56]
Azerbaijan`s ambassador to Tajikistan Abbasali Hasanov on Monday met the country`s Supreme Court chairman Nusratullo Abdulloyev. They discussed activities of courts, as well as deepening relations between the both ...

Petkim announces 2012 financial results

12.03.2013 [12:42]
Petkim announced financial results for the year 2012. Accordingly, the company's exports rose to 42 per cent of total turnover. Petkim major players in the petrochemical sector, due to the increase in product prices and sales in the amount of 12 percent compared to the previous year, net sales increased 4 ...

President Ilham Aliyev ends visit to Croatia

12.03.2013 [12:22]
President of Azerbaijan Ilham Aliyev has today ended his official visit to Croatia. A guard of honour was lined up for the President of Azerbaijan at the Zagreb Airport. The President of Azerbaijan was seen off by top-ranking state and government officials of ...

3rd International Mugham Festival features ethno-jazz concert

12.03.2013 [12:17]
An ethno-jazz concert has been held as part of the 3rd International Mugham Festival at the Baku Jazz Center. The concert of pianist Etibar Asadli featured performances by Rustam Zeynalli, Ruslan ...

Armenia continues violating ceasefire with Azerbaijan

12.03.2013 [12:12]
Subunits of the Armenian Armed Forces shattered ceasefire in Javahirli village of Aghdam region, Tapgaragoyunlu village of Goranboy region, Ashagi Veysalli and Gorgan villages of Fuzuli region and nameless hills of Xojavand region on March 11-12. ...

Israeli agricultural engineering company interested in cooperation with Azerbaijan

12.03.2013 [12:02]
Israeli company “Pascal” is seeking a distributor in Azerbaijan. AzPromo told that the Company is specialized in crushing tomatoes, greenhouse, viticulture and horticulture products, network solutions and etc. ...

“Azerbaijan has great tourism potential”

12.03.2013 [12:01]
“Azerbaijan has a great tourism potential and its tourism is developing as other spheres. The country is very attractive due to its nature and landscape,” head coach of the Azerbaijan's national football team Berti Vogts told the journalists in the "ITB Berlin 2013" International Tourism Fair. ...

SOCAR released 10-year Eurobonds

12.03.2013 [11:58]
The State Oil Company of Azerbaijan (SOCAR) continues to set the rate of return (benchmark) for domestic securities in the international market. SOCAR reports that it has placed on the CEEMEA region’s market the 10-year Eurobonds worth $1 bn. The placement was preceded by the road show conducted in London on 4-5 ...

CIS experts to discuss health protection questions

12.03.2013 [11:55]
On March 12-13, the CIS Executive Committee is said to host a session of the expert group for agreement of Protocol draft on cooperation in health protection to agree amendments and changes to the said document. As known, the Agreement was signed in June 1992, to ensure and strengthen the interstate ...

Azerbaijan, Ukraine relations rapidly evolving

12.03.2013 [11:10]
Azerbaijani Minister of Industry and Energy Natiq Aliyev met with the Minister of Energy and Coal Industry of Ukraine Eduard Stavitsky here. Welcoming the guest, Natig Aliyev noted the rapid development of the Azerbaijani-Ukrainian ...

Azeri U-15 football teams learned rivals in second International Gabala Cup competitions

12.03.2013 [11:05]
U-15 footballers of Azeri Gabala and Baku have learned the rivals in the second International Gabala Cup competitions. The tournament will bring together “Porto”, “Barcelona”, “Shakhtar”, “Beshiktash”, “Zenit” and “Feyenoord”. Azeri “Karabakh” and ”Gabala” vied for Cup in the first tournament with “Villarreal”, ...

Azerbaijan Red Crescent Society convenes session of XXIV General Assembly

12.03.2013 [11:05]
The Azerbaijan Red Crescent Society (ARCS) convened XXIV session of General Assembly. After the report of the Credentials Committee, the chairman of ARCS, MP Novruzali Aslanov made opening remarks ...

Argentina’s TELAM News Agency publishes information on Sumgait pogrom

12.03.2013 [11:02]
National News Agency of Argentina “TELAM” disseminated an inforamtion on Sumgait pogrom and occupation of Azerbaijani territories by Armenians, on the basis of the written request of the Azerbaijani Embassy to the country ...