Economy

Azerbaijan`s Chamber of Auditors signs cooperation agreements with Russian and Estonian counterparts

23.09.2017 | Readed: 2239

The Chamber of Auditors of Azerbaijan has signed cooperation agreements with the Russian Union of Auditors and the Estonian Auditors Association. The signing ceremony took place on the sidelines of "Strategic road map of......

Baku hosts Caspian Energy Transport Forum

21.09.2017 | Readed: 2277

The Caspian Energy Transport Forum has today kicked off in Baku. It is organized in partnership with Azerbaijan`s Ministry of Transport, Communication and High Technologies.......

SOCAR chief: New Azeri-Chirag-Gunashli contract to be submitted to the parliament before the end of 2017

20.09.2017 | Readed: 2181

“The new Azeri-Chirag-Gunashli contract is expected to be submitted to the parliament before the end of 2017, coming into force after ratification,” said Rovnag Abdullayev, president of......

Indian Entrepreneurs got acquainted with Baku White City Project

18.09.2017 | Readed: 2217

Entrepreneurs of Indian Marathi Bandhkam Vyavasayik Association (MBVA) got acquainted with the Baku White City project, within the framework of India-Azerbaijan Construction Business......

Ministry of Agriculture to lend official support to Caspian American Forum Baku-2017

06.09.2017 | Readed: 2116

“Ministry of Agriculture of the Republic of Azerbaijan will lend an official support to the Caspian American Forum-2017 which is to be held in Baku on December 8,” says the Deputy Minister......

Heydar Aliyev International Airport switches to new technological solutions due to increase in passenger traffic

30.08.2017 | Readed: 2128

Passenger traffic of Azerbaijan’s main air harbor - Heydar Aliyev International Airport continues to increase steadily every year. Only for the first seven months of this year the Airport......

Azeri Light crude sells for more than $54

25.08.2017 | Readed: 2065

The price of a barrel of Azeri Light crude oil increased $0.16 to stand at $54.12 on the world......

Azeri Light crude sells for $53.39

21.08.2017 | Readed: 2013

Azeri Light crude oil price has risen on the world markets. The price of a barrel of Azeri Light crude oil increased......

Japanese newspaper highlights importance of direct flights to Azerbaijan

15.08.2017 | Readed: 2061

Japan-based Hokkoku Shimbun newspaper has published an article hailing the importance of direct flights to be launched between Japan and Azerbaijan.......

AZAL calls to buy air tickets only from Airline's trusted partners

05.08.2017 | Readed: 1987

Recently, Azerbaijani Airlines (AZAL) have fixed and prevented attempts of selling air tickets from stolen credit......

Azerbaijani President approves funding for construction of Zire-Turkan highway

25.07.2017 | Readed: 2000

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Zire-Turkan highway. Under the......

First test train from Turkey to Georgia sent through Baku-Tbilisi-Kars railway route

21.07.2017 | Readed: 1954

The first test train was sent from Kars to Georgian-Turkish border through Baku-Tbilisi-Kars route.......

Caspian European Club and Caspian Energy attend World Petroleum Congress Istanbul 2017

11.07.2017 | Readed: 1956

A delegation of the Caspian European Club and Caspian Energy International Media Group is taking part in the 22nd World Petroleum Congress. Caspian Energy stand is also presented at the......

8 million 126 thousand 315 tons of Azerbaijani oil exported from Ceyhan Port in 2017

05.07.2017 | Readed: 1969

SOCAR exported 159,826 tons of crude oil from the Novorossiysk Port, 176,139 tons of crude oil from the Supsa Port, and 1,429,248 tons of crude oil from the Ceyhan Port in June,......

Airfare of Buta Airways flights to start from 29 euro

24.06.2017 | Readed: 1864

Final minimum airfare for all destinations of Azerbaijan’s first low-cost airline - Buta Airways will be only 29 euros one......

AZAL opens direct flights between capitals of Azerbaijan and Thailand

20.06.2017 | Readed: 1886

Azerbaijan Airlines starts operating regular passenger flights from Baku to the capital of Thailand - Bangkok (Suvarnabhumi International Airport) starting October 29. It should be noted that......

Heydar Aliyev International Airport significantly increased passenger traffic

12.06.2017 | Readed: 1894

During January-May 2017, Heydar Aliyev International Airport served 1.37 million passengers, which is 34 percent more than the same period of last year. Only in May 315,000 passengers were......

BUTA AIRWAYS livery and logo approved

03.06.2017 | Readed: 1889

The logo, corporate style and livery of BUTA AIRWAYS, the first low-cost airline of Azerbaijan, were created by preserving national coloring.......

100th issue of Caspian Energy journal published

01.06.2017 | Readed: 1870

The 100th issue of Caspian Energy journal has been published and was presented to President of the Republic of Azerbaijan Ilham Aliyev at the opening ceremony of the Caspian Oil & Gas 2017......

Azerbaijan-Kazakhstan Joint Intergovernmental Commission to convene in Baku in June

31.05.2017 | Readed: 1816

The next meeting of Azerbaijan-Kazakhstan Joint Intergovernmental Commission will take place in Baku in June, said Kazakh ambassador Beybit Isabayev. This was agreed during Kazakh President......

Azerbaijan Trade House opens in Belarus

30.05.2017 | Readed: 1818

Azerbaijan Trade House has been opened in the Belarusian capital......

Azerbaijan, Russia sign agreement on establishment of helicopters technical service center in Baku

26.05.2017 | Readed: 1524

Azerbaijan and Russia have signed the "Main Action Plan for 2017 on the project of establishing a service center for maintenance and repair of Russian and Soviet-produced civil helicopters in......

Over 200,000 people visited Baku Shopping Festival

25.05.2017 | Readed: 1487

Azerbaijani Minister of Culture and Tourism Abulfas Garayev has said more than 200,000 people visited Baku Shopping Festival. “Very important work has been done to ensure proper marketing,......

Kuwait`s Jazeera Airways to launch direct flights to Baku

24.05.2017 | Readed: 1421

Kuwait`s Jazeera Airways has said it is planning to launch direct flights to Baku from June 23. The flights will be carried out on Mondays and......

WorldFood Azerbaijan and CaspianAgro 2017 exhibitions open in Baku

18.05.2017 | Readed: 1304

The 23rd Azerbaijan International Food Industry Exhibition, WorldFood Azerbaijan 2017 and the 11th Azerbaijan International Agriculture Exhibition, CaspianAgro 2017 opened in......

Azerbaijan spent around $800m on Southern Gas Corridor project in 2017

10.05.2017 | Readed: 1137

Director General of the Southern Gas Corridor CJSC Afgan Isayev said Azerbaijan has invested $799.3 million in the Southern Gas Corridor project this year. According to him, 53 per cent (or $6.6......

Heydar Aliyev International Airport served over million passengers since beginning of year

06.05.2017 | Readed: 1133

During the period January-April 2017, Heydar Aliyev International Airport serviced 1 million 62 thousand passengers, which is 36% more than the same period of last year. AZAL carried 594,000......

Baku to host WorldFood Azerbaijan 2017 and Ipack Caspian 2017 exhibitions

04.05.2017 | Readed: 1053

One of the most important and significant events in the region’s food industry WorldFood Azerbaijan 2017 and the Caspian International Packaging, Tare, Label and Printing Ipack Caspian 2017 exhibitions will take place from 17-19 May at Baku Expo......

Deputy prime minister: Azerbaijan's economy has grown 3.5 times in last 10-12 years

28.04.2017 | Readed: 1024

Azerbaijan's economy has grown 3.5 times over the past 10-12 years, said Deputy Prime Minister Ali Ahmadov. He noted that Azerbaijan has achieved the highest economic indicators in the......

Road & Traffic 2017 exhibition kicks off in Baku

27.04.2017 | Readed: 986

The 7th Caspian International Road Infrastructure and Public Transport Exhibition Road & Traffic 2017 has opened in Baku. Addressing the opening ceremony, Minister of Transport, Communications......

Ukraine, Iran agree to launch test train running through Azerbaijan

21.04.2017 | Readed: 958

Ukraine and Iran have agreed to run test trains to transport agricultural products, primarily grain from Ukraine to Iran, that will pass through Georgia and Azerbaijan. According to Ukraine`s Ministry of Infrastructure, the test train may be launched......

AZAL opens direct flights from Baku to Jeddah

18.04.2017 | Readed: 902

Azerbaijan Airlines will start direct flights from Baku to the second largest city in Saudi Arabia - Jeddah starting from September this year. Jeddah is considered the economic capital of Saudi......

Caspian European Club holds Caspian Energy Award and Caspian Business Award prizes awarding ceremony

14.04.2017 | Readed: 961

Baku has hosted the awarding ceremony of the 14th international Caspian Energy Award - 2017 and the 2nd International Caspian Business Award – 2017 prizes. The Caspian Energy Award and the Caspian......

4th International “Caspian Energy Forum Baku 2017” kicks off

13.04.2017 | Readed: 1037

The 4th International “Caspian Energy Forum Baku 2017” kicked off in the capital of Azerbaijan under support of the Government of the Republic of Azerbaijan and the Caspian European Club (Caspian Business......

Azerbaijan to send export missions to three countries this year

03.04.2017 | Readed: 877

Azerbaijan will send export missions to three countries until the end of the year with the aim of promoting "Made in Azerbaijan"......

NABUCCO A&C becomes partner of Caspian Energy Forum Baku – 2017

30.03.2017 | Readed: 867

NABUCCO A&C LLC has become a partner of the 4th International Caspian Energy Forum-2017 (www.caspianenergyforum.com) to be hosted on April 12 in Baku. General Director of NABUCCO A&C LLC......

Baku to host 24th International Caspian Oil&Gas Exhibition

29.03.2017 | Readed: 784

Caspian Oil&Gas 2017, the 24th International Caspian Oil and Gas exhibition, the largest energy sector event in the Caspian region, will take place from 31 May – to 3 June 2017 at Baku Expo Center. As a recognised international platform and the......

Azerbaijan`s GDP grows 0.4 per cent

27.03.2017 | Readed: 810

Azerbaijan`s Gross Domestic Product increased 0.4 per cent in the first two months of this year to make AZN 10,042,600,000 (or around $5,892,571,071), the State Statistics Committee said. According......

Sharjah-Baku-Sharjah flight launched

17.03.2017 | Readed: 825

Air Arabia, the first and largest low-cost carrier across the Middle East and North Africa, has launched Sharjah-Baku-Sharjah flight. The flight will be carried out four times per......

Azerbaijan’s efforts to improve water industry hailed

16.03.2017 | Readed: 831

President of the World Water Council Benedito Braga has hailed Azerbaijan’s efforts to improve the water industry. Azerbaijan`s attention to the industry should be an example to other countries, he told "Water resources, hydro-technical installations......

Azeri Light crude sells for $52.98

13.03.2017 | Readed: 901

Azeri Light crude oil price has fallen on the world markets.

The price of a barrel of Azeri Light crude oil decreased $0.09 to stand at $52.98

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Azerbaijan considers EITI Board’s decision as unfair

11.03.2017 | Readed: 772

“We strongly believe that as a result of significant changes made to the current regulations Azerbaijan was able to accomplish the implementation of all corrective actions. We consider Board’s decision on suspension of Azerbaijan as an unfair one.......


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