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The flag carrier of Azerbaijan (AZAL) is adding three new destinations to Russia. The airline will launch flights to Novosibirsk, Yekaterinburg and Samara from March. Thus, from March 16, Azerbaijan Airlines will launch flights to Novosibirsk twice a week ...

Transport 2023-01-27 18:17:00

The natural gas price at the NYMEX (New York Mercantile Exchange) has decreased by 0.02 US dollars or 0.85 percent to 2.92 dollars per 1 million BTU ...

Oil & gas 2023-01-27 16:44:00

“Last year, the funds allocated to the fixed capital increased by 5.5% and reached 18 bln. 272.3 mln. ₼, compared to a year earlier,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter. “The funds allocated to the nonoil-gas sector grew by 13.6% and amounted ...

Economy 2023-01-27 14:35:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.49 to trade at $89.94 ...

Oil & gas 2023-01-27 14:10:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.36 to trade at $87.83, while the price of the Light crude oil at the NYMEX ...

Oil & gas 2023-01-27 13:47:00

The National Air Carrier of Azerbaijan (AZAL) will upgrade its fleet with new modern narrow-body Airbus A320Neo and wide-body Boeing 787-8 Dreamliner aircraft as part of its development strategy until 2030. So, to date, the airline has already purchased three Airbus A320Neo aircraft ...

Transport 2023-01-27 13:46:00

Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev has met with Regional Director for Europe of the International Finance Corporation (IFC) Mrs. Rana Karadsheh. During the meeting, they discussed cooperation issues related to infrastructure projects implemented in Azerbaijan ...

ICT 2023-01-26 19:31:00

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.03 to trade at $86.09, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.07 to stand at $80.22 ...

Oil & gas 2023-01-26 18:11:00

Pursuing its strategic goal of "Easing connectivity, empowering lives!" Azercell continues its large-scale network expansion and modernization project, which started in August this year ...

Economy 2023-01-26 16:22:00

The trade turnover between Azerbaijan and Ukraine amounted to about $618 million last year. Official figures suggest that Azerbaijan imported products worth $259.8 million from Ukraine, while the volume of Azerbaijan`s exports to ...

Economy 2023-01-26 14:54:00

First voyage of the “Academician Khoshbakht Yusifzade” tanker built at Baku Shipyard by the order of the Azerbaijan Caspian Shipping Company (ASCO) and launched in December last year with the participation of President Ilham Aliyev was to the Port of Kianly of Turkmenistan ...

Transport 2023-01-26 12:37:00

To support Azerbaijan in leveraging financial technology to provide efficient financial services, the International Finance Corporation (IFC) and the Azerbaijan Fintech Association have signed a Memorandum of Understanding. The parties will work to strengthen the framework for fintech ...

Finance 2023-01-26 12:23:00

Chairman of Azerbaijan's Board of Small and Medium Business Development Agency (KOBIA) Orkhan Mammadov has met with Pakistani Ambassador to the country Bilal Hayee to discuss cooperation between the two countries' business circles ...

Economy 2023-01-26 11:28:00

The "Women's Hotline", founded in June last year at the initiative of Azercell, has been providing 24/7 support to girls and women in difficult situations or facing violence. According to the report, more than 50% of the calls to the helpline concerned domestic problems ...

Economy 2023-01-25 21:52:00

Tickets for regular bus trips to the liberated territories in February, organized by the State Road Transport Service under the Ministry of Digital Development and Transport, will go on sale on 26 January 2023 at 15:00 ...

Transport 2023-01-25 19:33:00

“Azerbaijan Investment Company OJSC has founded the Shahbulaq Mining company together with StarMining, the winner of the competition for the Shahbulaq quarry project to be implemented in our territories freed from occupation,” Azerbaijan’s Minister of Economy Mikayil Jabbarov ...

Economy 2023-01-25 19:07:00

The natural gas price at the NYMEX (New York Mercantile Exchange) has decreased by 0.09 US dollars or 2.64 percent to 3.17 dollars per 1 million BTU (British thermal unit) ...

Oil & gas 2023-01-25 16:18:00

The International Green Week 2023 fair of the food, agriculture and gardening industries gathered 15 Azerbaijani companies in Berlin, which displayed their products at a “Made in Azerbaijan” stand. The Azerbaijani exhibition stand was visited by Minister of Environmental Protection ...

Economy 2023-01-25 14:55:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.24 to trade at $89.87 ...

Oil & gas 2023-01-25 14:51:00

“Last year, a significant increase was recorded in the GDP of a number of areas within the nonoil-gas sector, compared to 2021,” said Azerbaijan’s Minister of Economy Mikayil Jabbarov. “The increase in tourist accommodation and public catering equaled to 58.2% ...

Economy 2023-01-25 14:23:00