Economy

US magazine “Foreign Affairs”: Gas politics after Ukraine. Azerbaijan, Shah Deniz, and Europe's newest energy partner

19.12.2013 | Readed: 2533

The US magazine “Foreign Affairs” has issued an article titled “Gas politics after Ukraine. Azerbaijan, Shah Deniz, and Europe's newest energy partner” by Professor Brenda Shaffer. The article says that this week, EU leaders signed a deal with......

“AtaBank” OJSС started “New Year, New Chance” competition on its’ facebook page

16.12.2013 | Readed: 2613

“AtaBank” OJSC is launching a new gift campaign “New Year, New Chance” on its’ Facebook page from......

Azerbaijani State Maritime Administration takes part in IMO meeting

06.12.2013 | Readed: 2695

A delegation of the Azerbaijani State Maritime Administration took part in the 28th meeting of the International Maritime Organization in London. The International Maritime Organization's (IMO) Maritime Safety Committee discussed ways to improve mandatory......

Istanbul hosts Caspian Forum

06.12.2013 | Readed: 2312

The 3rd Caspian Forum has started in Istanbul, Turkey bringing together senior officials, representatives of companies and leading experts from 35 countries. The Forum was organized by the Caspian Strategy Institute (HASEN) with the support of SOCAR, BP and......

Azerbaijan, China ink cooperation deal

06.12.2013 | Readed: 1708

On December 5th Azerbaijan and China signed an agreement on cooperation that will see the Chinese government allocate a $4.477.611mln grant to Azerbaijan with the aim of expanding friendly, and technical and economic bonds between the two countries. Under......

BakuTel 2013 exhibition kicks off in Azerbaijan`s capital

03.12.2013 | Readed: 2277

On December 2nd Bakutel 2013, the largest telecommunication and information technology exhibition in the Caucasus and Caspian region opened in Baku. The exhibition has become the most important platform for the display of achievements in the high technology......

“Global Cyber Security Cooperation: Challenges and Visions” conference kicks off in Baku

03.12.2013 | Readed: 1924

On December 2nd a conference titled “Global Cyber Security Cooperation: Challenges and Visions” started in Baku as part of BakuTel 2013, 19th Azerbaijan International Telecommunications and Information Technologies Exhibition. The conference, organized......

Titan the Robot in Azerbaijan for first time among CIS countries

03.12.2013 | Readed: 2066

Azerbaijan was the first country in the CIS to host Titan the Robot, an entertainment concept utilised by event management companies worldwide, when it was presented at the Bakutel 2013, the largest telecommunication and IT exhibition in the Caspian......

Azerbaijani, German governments ink financial cooperation agreement

29.11.2013 | Readed: 1425

The governments of Azerbaijani and Germany have signed an “Agreement on Financial Cooperation on the projects agreed in 2008-2012”, said the Azerbaijani Ministry of Finance. Under the agreement signed by Azerbaijani Finance Minister Samir Sharifov and......

21st Meeting of Council of Ministers of Economic Cooperation Organization held in Tehran

27.11.2013 | Readed: 1468

The 21st meeting of the Council of Ministers of the Economic Cooperation Organization (ECO) was held in Tehran on November 26th. Azerbaijani Minister of Foreign Affairs Elmar Mammadyarov noted in his opening remarks that the Presidency of the ECO Council of......

Regular meeting of Working Group on Qazvin – Resht – Astara (Iran) – Astara (Azerbaijan) project kicks off

19.11.2013 | Readed: 4829

The discussion on the railway project Qazvin–Resht– Astara (Iran)–Astara (Azerbaijan), the segment of the North-South transportation corridor, has become more active as the second working-group meeting started today in Iran’s city of Enzeli. At the......

Silk Road countries international customs forum kicks off in Gabala

15.11.2013 | Readed: 4239

The 6th International Forum on the Role of Customs Administrations in Promoting and Facilitating Trade among Silk Road Countries has kicked off in Gabala, Azerbaijan. The forum brings together customs officials from Azerbaijan, Turkey, Bulgaria, Kazakhstan,......

Round table “Current situation in usage of alternative and renewable energy sources: achievements, targets” held within Baku International Humanitarian Forum

02.11.2013 | Readed: 5678

A round table on “Current situation in usage of alternative and renewable energy sources: achievements, targets” has been held in the State Agency for Alternative and Renewable Energy Sources within Baku International Humanitarian Forum. Chairman of......

SOFAZ hosts conference “10 years of Azerbaijan in EITI. From history to new stage”

27.09.2013 | Readed: 3906

On September 26th The State Oil Fund of the Republic of Azerbaijan (SOFAZ) hosted an international conference titled “10 years of Azerbaijan in EITI. From history to new stage” devoted to the 10th anniversary of the Extractive Industries Transparency Initiative......

Second session of Caspian Forum focuses on European energy security

27.09.2013 | Readed: 3786

As informed earlier, on September 25, Caspian Forum, organized by the Caspian Strategy Institute (HASEN), was held at New York`s finest Hotel Waldorf Astoria. During the second session of the forum, energy security, current and future developments were......

Caspian Forum held in New York

27.09.2013 | Readed: 3669

On September 25, an Istanbul-based Caspian Strategy Institute (HASEN) held the Caspian Forum, dedicated to the Southern Corridor and energy security of Europe at a famous Waldorf Astoria Hotel in Manhattan, New York. Among the dignitaries attending the forum were......

BP’s new office in Baku opened

21.09.2013 | Readed: 3529

BP Azerbaijan today announced that it had moved to its new office in Baku called "BP Xazar Centre". It is located in Port Baku Development area along the Neftchilar Avenue. BP today hosted an event in Baku to officially inaugurate its new office. Gordon......

Azerbaijan advances 7 spots for global competitiveness index to rank 39th among 148 countries

05.09.2013 | Readed: 3238

Azerbaijan has climbed seven spots to rank 39th for global competitiveness index among 148 countries as the World Economic Forum has released its “Global Competitiveness Report 2013-2014”. Azerbaijan rose from 46th place to 39th in the Report, which put......

Shah Deniz consortium chooses TAP to carry Azeri gas to Europe

29.06.2013 | Readed: 3350

The consortium developing Azerbaijan`s Shah Deniz gas field has chosen the Trans Adriatic Pipeline (TAP) for natural gas deliveries to Europe, Gordon Birrell, BP Regional President for Azerbaijan, Georgia and Turkey said on Friday. Hailing the cooperation......

Baku hosts 15th annual gathering of Governing Council of Black Sea Trade and Development Bank

25.06.2013 | Readed: 3365

On June 23rd the 15th annual gathering of the Governing Council of Black Sea Trade and Development Bank was held in Baku. Opening the event chief of the Governing Council, finance minister of Azerbaijan Samir Sharifov said various events, including......

Azerbaijan’s SOCAR to buy Greek gas operator DESFA

22.06.2013 | Readed: 3392

Greece is set to agree the sale of its natural gas grid operator DESFA to Azerbaijani state energy company SOCAR. SOCAR has improved its offer to buy a 66% stake in the company to €400 million, a price that Greece's privatization agency HRADF finds......

Black Sea Bank forms a business network for work with Azerbaijani business

22.06.2013 | Readed: 3368

On June 21st an Azerbaijani business forum opened as part of the 15th annual meeting of the Black Sea Trade and Development Bank (BSTDB) in Baku. BSTDB president Andrey Kondakov said the forum aims to solve two tasks based on the example of......

4th Azerbaijan International Insurance Forum kicks off in Baku

21.06.2013 | Readed: 1948

On June 20th the 4th Azerbaijan International Insurance Forum commenced in Baku. Organized by the Azerbaijan Insurers Association, the event brings together more than 200 representatives from insurance and broker companies from over 20......

Azerbaijan-Kazakhstan business forum kicks off in Aktau

20.06.2013 | Readed: 1726

On June 19th an Azerbaijan-Kazakhstan business forum started in the Grand Nur Plaza Hotel, Aktau. Azerbaijan`s delegation at the event is led by Minister of Economic Development Shahin Mustafayev, while Minister of Economy and Budget Planning Yerbolat......

Azerbaijan, Korea sign agreement on economic cooperation

19.06.2013 | Readed: 1300

On June 18th Azerbaijani and Korean governments inked an agreement on economic cooperation, according to the Azerbaijan Ministry of Finance. The agreement was signed by Azerbaijan Minister of Finance Samir Sharifov and Korean ambassador to the country Choi......

Azerbaijan-Belgium-Netherlands business forum kicks off in Baku

14.06.2013 | Readed: 1942

On June 13th an Azerbaijan-Belgium-Netherlands business forum began in Baku as part of a visit by Belgium’s Lommel and the Dutch Bergeijk cities’ business delegations. Supported by Azerbaijan’s Ministry of Economic Development, the event is organized......

Baku hosts press conference on Caspian Oil & Gas Exhibition Incorporating Refining and Petrochemicals

04.06.2013 | Readed: 3170

A press conference titled Caspian Oil & Gas Exhibition Incorporating Refining and Petrochemicals has been held at the Baku Expo Centre. The press conference was attended by Chairman of the Board of ITE Group PLC Edward Strachan, Project manager of Iteca......

Baku forum on “Great steps for Azerbaijan`s future: Azerbaijan`s economy after oil” kicks of in Azerbaijan`s capital

04.06.2013 | Readed: 2621

On June 3rd Baku forum on “Great steps for Azerbaijan`s future: Azerbaijan`s economy after oil” started in Azerbaijan`s capital. Opening the event, Chief Executive Officer of Azerbaijan Future Studies Society Reyhan Huseynova stressed the importance of......

Azerbaijan, Canada discuss agrarian cooperation

29.05.2013 | Readed: 2930

Azerbaijan and Canada have explored ways of developing cooperation in agrarian area as the country`s Deputy Minister of Agriculture Aslan Aslanov met a delegation of Alberta Province of Canada. Mr. Aslanov briefed the delegation on development of......

Azerbaijan-Georgia-Turkey business forum kicks off in Gabala

27.05.2013 | Readed: 2612

 An Azerbaijan-Georgia-Turkey business forum has started in Gabala. In his remarks, Azerbaijan`s Minister of Economic Development Shahin Mustafayev stressed the forum’s importance. He also hailed the economic relations between the three......

“AtaBank” OJSC made orphans happy on Novruz holiday

18.03.2013 | Readed: 4020

       On 16 March 2013 “AtaBank” OJSC held another event in “Khamsa” restaurant in the field of corporate social responsibility. Novruz festival has been arranged for orphans with the support of bank. At Novruz......

SOCAR developing special program on increasing of oil extraction

14.03.2013 | Readed: 3926

SOCAR is developing a program on increasing of oil extraction in the country and its implementation will be started in the early April, said SOCAR`s President Rovnag Abdullayev. Abdullayev stressed that as a result of this project, it would be possible to......

Conference on “Heydar Aliyev 90: Economic modernization” kicks off

14.03.2013 | Readed: 4088

A conference on the theme “Heydar Aliyev 90: Economic modernization” kicked off today at the Baku Business center. The conference is organized by newspaper “Azerbaijan” and the Centre for Strategic Studies under the President of Azerbaijan Republic......

German Ambassador to Azerbaijan gets acquainted with “ASAN Khidmet” Center

14.03.2013 | Readed: 4005

German Ambassador to Azerbaijan Herbert Quelle acquainted with the activities of the “ASAN Khidmet” Center No. 1 in Baku, subordinated to the State Agency for Services to Citizens and Social Innovation under the President of the Azerbaijan......

Azerbaijani-Greek business forum opens in Baku

07.03.2013 | Readed: 2058

On March 6th Azerbaijani and Greek businessmen came together in Baku for the opening of a joint business forum. Opening the event, Greek Ambassador Ioannis Metaxas stressed the importance of the forum. He praised the Azerbaijan-Greece......

Azerbaijan and Germany sign MoU

05.03.2013 | Readed: 1874

The Azerbaijani State Committee on Property Issues and Germany’s Federal Ministry of Finance have inked a memorandum of understanding on mutual agreement and co-operation in the field of management and privatization of state property. The document was......

Azerbaijan, Turkey and Georgia sign protocol on acceleration of construction works in BTK railway

02.03.2013 | Readed: 2288

Azerbaijan, Turkey and Georgia have signed a protocol on acceleration of construction works in the BTK railway in the meeting of the countries’ delegations led by Transport Ministers Ziya Mammadov, Bineli Yildirim and George Kvirikashvili. Praising the role of......

Japan, Azerbaijan relations reach new phase

28.02.2013 | Readed: 2298

On February 27th Japan and Azerbaijan built a new phase of bilateral relations. This is in the field of cosmic cooperation, Ali Abbasov, Azerbaijan’s ICT Minister told the journalists at the joint seminar started here and dedicated to the Japan-Azerbaijan......

Azerbaijan, Asian Development Bank sign MoU

20.02.2013 | Readed: 2556

On February 19th Azerbaijan and Asian Development Bank signed a memorandum of understanding that will see Baku host the 48th annual meeting of the bank`s Board of Governors. The memorandum was signed as part of the visit of Azerbaijan`s Finance Minister......

Intra-European Organization of Tax Administration PCP forum kicks off in Baku

20.02.2013 | Readed: 2283

The 19th forum of Principal Contact Persons of the Intra-European Organization of Tax Administration (IOTA) has today started in Azerbaijan`s capital. The forum is attended by representatives of 33 member countries, as well as the Organization for Economic......

Azeri Taxes Minister meets head of EU office in the country

16.02.2013 | Readed: 2301

Azerbaijan`s Taxes Minister Fazil Mammadov met head of the EU office in Azerbaijan, Ambassador Roland Kobia and ambassadors of other EU member states. They discussed prospects for cooperation between Azerbaijan and EU, as well as the current state of national tax......

Standard & Poor`s assigns highest rating to Azerenerji among electric power companies in region

15.02.2013 | Readed: 2197

Standard & Poor`s Ratings Services said today that it has assigned its `BBB-` long-term and `A-3` short-term corporate credit ratings to Azerbaijan-based electric utility Azerenerji JSC. The outlook is stable. The decision of S&P, which has in its......


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    I Avropa Oyunlarının təəssüratları uzun müddət xatirələrdə yaşayacaq

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    Hər gün bir tarix, hər gün bir zəfər

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