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The Russian Grain Union will host the 12th International Grain Trading Conference “Global Grain Outlook”, on October 4-7, in the capital city of Baku. According to the Russian Grain Union, the location was chosen because the country is a “pivotal link between the grain markets of the Black Sea region, Asia, the Middle East ...

Economy 2022-08-11 11:49:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.36 to trade at $96.55 ...

Oil & gas 2022-08-11 10:43:00

The Azerbaijan Airlines has launched its direct flights between Baku and Delhi, the capital city of India. While welcoming the passengers on their arrival by the first direct flight from Delhi to Baku, at the Heydar Aliyev International Airport on ...

Transport 2022-08-10 18:05:00

“Azerbaijan Investment Company and “Balkhoorma” LLC have signed an agreement on the investment of 4 mln manats in the plant engaged in the production of dry fruits,” said Azerbaijan`s Minister of Economy Mikayil Jabbarov ...

Economy 2022-08-10 16:35:00

“So far, the Entrepreneurship Development Fund has allocated 35.6 mln manats in concessional loan to the financing of 82 projects aimed at the development of the medical field,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter ...

Economy 2022-08-10 15:45:00

Azerbaijan's international airports served 578,000 passengers in July 2022. This is 87% higher than in 2021 for the same period. At the same time, 482,000 passengers were served on international flights, more than twice as many as last year ...

Economy 2022-08-09 18:01:00

In the first half of 2022, the Azeri-Chirag- Gunashli (ACG) completed eight oil producer wells, bp Azerbaijan told AZERTAC. “During the first half of 2022, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 424,000 barrels per day ...

Oil & gas 2022-08-09 15:56:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.29 to trade at $98.74 ...

Oil & gas 2022-08-09 12:00:00

Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.23 to trade at $96.42, while the price of the Light crude oil at the NYMEX ...

Oil & gas 2022-08-09 11:19:00

Chairman of the Board of Small and Medium Entrepreneurship Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with a delegation led by General Manager of the Turkic World and International Business Investment Union Confederation (TÜRKBIRKON) Hakan Akturk, who is on a visit to the country ...

Economy 2022-08-09 11:11:00

During the first 6 months of this year, a significant increase was observed in the number of wagons transported through the Port of Baku, as well as other types of cargo. So, if during the first six months of last year, 14,603 wagons were transported in the Port of Baku, this ...

Transport 2022-08-08 20:05:00

According to operational data for January-July 2022, Azerbaijan produced 27.3 billion cubic meters of natural gas of which 7.9 billion cubic meters were produced from Azeri-Chirag-Gunashli, 14.8 billion cubic meters from Shah Deniz and 4.6 bcm from SOCAR, the Ministry of Energy told AZERTAC ...

Oil & gas 2022-08-08 17:10:00

“Investment projects, contributing to the socio-economic development of regions are underway,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter.“So far, the Entrepreneurship Development Fund has given 31.3 mln manats of concessional ...

Economy 2022-08-08 16:26:00

“In the first half of 2022, with the production of goods worth 1.3 billion manats, the share of industrial zones in the non-oil industry of the country was 14.9%, and 33.1% (543.9 mln manats) in the export of non-oil industrial products,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter ...

Economy 2022-08-08 16:08:00

Nar introduced eSIM service, the first among mobile operators to use facial recognition technology. This service allows both existing and new subscribers to get an eSIM number online without visiting any service point. To get an eSIM number, you should go to esim.nar.az, fill in the necessary information and ...

Economy 2022-08-08 15:07:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.76 to trade at $95.68, while the price of the Light crude oil at the NYMEX ...

Oil & gas 2022-08-08 11:10:00

According to the Computer Emergency Response Center of the Special Communication and Information Security State Service, large-scale cyber attacks have been initiated against the digital information resources of Azerbaijan. Taking into consideration the caution issued by the relevant state body ...

ICT 2022-08-07 10:26:00

Chairman of the Board of Small and Medium Entrepreneurship Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with General Manager of "Albayrak Construction" Yunus Yilmaz, who is on a visit to the country ...

Economy 2022-08-06 17:33:00

“At the end of the second quarter of 2022, the Azeri Central East (ACE) project reached the 75% progress milestone,” bp Azerbaijan told AZERTAC.“The project construction activities continue at peak and involve about 5,000 people across Baku, Europe and the UK, with the majority of them being ...

Oil & gas 2022-08-06 17:12:00

Jordan’s “Amman News” portal and “Alsaa” newspapers have published an article by Jordanian journalist Adnan Al-Tubasi headlined “Azerbaijan: Land of fire and beauty”, highlighting Azerbaijan’s tourism potential. In his article, the author highlighted the charming nature of Azerbaijan, its friendly and hospitable people ...

Tourism 2022-08-06 16:44:00