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To train Azerbaijani students in telecommunication fields as professionals, Nar GSM laboratory operating at Azerbaijan Technical University (AzTU) was supplied with new equipment ...

Economy 2022-11-30 21:21:00

Swedish fashion retail giant H&M on Wednesday announced it will lay off 1,500 employees in a cost-cutting move, Anadolu Agency reports. The company said it expects to save around 2 billion Swedish krona ($189.5 million) per year ...

Economy 2022-11-30 21:07:00

President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovshan Najaf has met with Chairman of Turkmengas State Concern Batyr Amanov and Chairman of Turkmennebit State Concern Guvanch Agajanov. During the meeting ...

Economy 2022-11-30 20:21:00

"Azercell Telecom" LLC continues its education, professional development, and youth employment projects as part of its Corporate Social Responsibility strategy. In partnership with "SOS Children's Villages - Azerbaijan," the country's leading mobile operator offers opportunities for young people deprived of parental care to build a firm career and a secure future ...

Economy 2022-11-30 19:20:00

Huawei Technologies Azerbaijan LLC on November 25, 2022 reinforced its commitment to develop Azerbaijan’s digital ecosystem by strengthening its cooperation with Baku Higher Oil School ...

Economy 2022-11-30 19:00:00

Russia was the top export destination of Azerbaijan’s non-oil products in October of this year, according to the Center for Analysis of Economic Reforms and Communication. In October of 2022, the volume of non-oil exports with Russia made ...

Economy 2022-11-30 16:17:00

Azerpost LLC, which has so far provided universal postal services, has expanded its classic business profile and launched a cargo service. The citizen-driven cargo service will now enable orders from Turkish e-commerce sites to be delivered to ...

Economy 2022-11-30 15:21:00

Azerbaijan's Minister of Energy Parviz Shahbazov has met with Prime Minister of People's Democratic Republic of Algeria Aymen Benabderrahmane. Speaking at the meeting, PM Aymen Benabderrahmane hailed President Ilham Aliyev’s participation ...

Energy 2022-11-30 12:23:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.18 to trade at ...

Oil & gas 2022-11-30 10:29:00

Oil prices have increased on the world markets. On London ICE ( InterContinental Exchange Futures ) cost of the Brent crude oil rose $0.87 to trade ...

Oil & gas 2022-11-30 10:23:00

The Innovation and Digital Development Agency, PASHA Holding Group of Companies and individual investors have established a venture capital fund, Caucasus Ventures, which has great significance for the development of the innovation ecosystem ...

ICT 2022-11-29 18:09:00

An Azerbaijan-Tatarstan business forum has today kicked off in Baku. Addressing the event, Azerbaijan`s Deputy Prime Minister Shahin Mustafayev highlighted the development of economic relations between the two countries. He noted that last year the volume of trade between ...

Economy 2022-11-29 16:22:00

The volume of cargo transportation through the Azerbaijani section of the Transport Corridor Europe-Caucasus-Asia (TRACECA) amounted to 37.829.600 million tons, while the cargo turnover was 9.435.500 billion ton-kilometers in January-September of 2022 ...

Transport 2022-11-29 14:57:00

Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with a delegation of J.P. Morgan. During the meeting, the sides discussed the current state and prospects of cooperation ...

Finance 2022-11-29 14:32:00

Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with co-chairman of the Joint Intergovernmental Commission on economic and humanitarian cooperation between the Republic of Azerbaijan and Turkmenistan, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Batyr Atdaev ...

Economy 2022-11-29 14:24:00

Chairman of Azerbaijan’ State Tourism Agency Fuad Naghiyev has met with Chairman of the State Committee on Tourism of Tatarstan Sergey Ivanov to discuss issues of expanding tourism relations and increasing mutual cooperation between the two countries. Speaking at the meeting, Fuad Naghiyev highlighted the recovery of tourism industry in Azerbaijan after the COVID-19 pandemic ...

Tourism 2022-11-29 11:39:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $1.59 to trade at $84.78, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $1.27 to stand at $78.51 ...

Oil & gas 2022-11-29 11:07:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.85 to trade at $84.03 ...

Oil & gas 2022-11-29 11:06:00

“The Entrepreneurship Development Fund has allocated 500,000 ₼ in concessional loans to the Azerbaijani representative office of the ANKA International Tarim Ticaret Company for the financing of the project aimed at the manufacturing of drip-irrigation pipes,” Azerbaijan’s Minister of Economy ...

Economy 2022-11-28 20:14:00

Azerbaijani Minister of Energy Parviz Shahbazov has visited the People's Democratic Republic of Algeria. During the visit, the minister will hold a number of bilateral meetings with Algerian ...

Energy 2022-11-28 16:55:00