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Azerbaijan Export and Investment Promotion Agency (AZPROMO) has hosted a meeting with representatives of the Korea Trade-Investment Promotion Agency (KOTRA) and Lemon Metal Company. During the meeting, the sides exchanged views on the expansion of bilateral cooperation ...

Economy 2022-07-20 16:13:00

Azerbaijan`s Minister of Energy Parviz Shahbazov has met with a delegation led by David McAllister, the chair of the Committee on Foreign Affairs of the European Parliament, Member of Parliament who is on a visit to Baku. During the meeting, the importance of the Memorandum of Understanding on strategic partnership ...

Energy 2022-07-20 12:33:00

Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev has met with Secretary General of the Intergovernmental Organization for International Carriage by Rail (OTIF) Wolfgang Küpper, who is on a visit to Baku. Cooperation between Azerbaijan and OTIF, transport and transit opportunities ...

Transport 2022-07-20 12:27:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.53 to trade at $120.21 ...

Oil & gas 2022-07-20 11:16:00

Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude fell $1.15 to trade at $106.20, while the price of the Light ...

Oil & gas 2022-07-20 10:57:00

The export of non-oil products in Azerbaijan amounted to $730.35 million in the second quarter of this year (April-June), which means 10.5 percent growth compared to the same period of last year, according to the Azerbaijan Export and İnvestment Promotion Agency ...

Economy 2022-07-19 16:45:00

Kapital Bank’s assets as of July 1, 2022 have amounted to 7.6 bln. manats, while the volume of the Bank’s credit portfolio has reached 3.1 bln. manats. The total amount ...

Economy 2022-07-19 12:28:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $3.52 to trade at $121.74. ...

Oil & gas 2022-07-19 11:15:00

Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.45 to trade at $105.82, while the ...

Oil & gas 2022-07-19 11:11:00

The trade turnover between Azerbaijan and Belarus amounted to $140 million in January-June of this year. Official figures suggest that the volume of exports from Azerbaijan to Belarus amounted to $75.8 million, while imports from Belarus to ...

Economy 2022-07-19 10:44:00

Azerbaijan’s Energy Minister Parviz Shahbazov has met with European Commissioner for Energy Kadri Simson, who is on a visit to Azerbaijan. At the meeting, it was emphasized that the "Memorandum of Understanding on Strategic Partnership in the field of energy between ...

Economy 2022-07-19 10:19:00

“We will double the supply of gas from Azerbaijan to the European Union,” President of the European Commission Ursula von der Leyen said in her statement after the meeting with President of the Republic of Azerbaijan Ilham Aliyev. “With this MoU, we commit to the expansion of the Southern Gas Corridor ...

Economy 2022-07-18 20:40:00

“In six months of this year, revenues from compulsory state social insurance amounted to 2 bln. 225 mln. 624.2 thousand manats, whilst revenues from unemployment insurance equalled to 77 mln. 35.8 thousand manats,” Azerbaijan`s Minister ...

Economy 2022-07-18 19:15:00

“In January-June 2022, revenues from compulsory medical insurance increased by 44.4% compared to the corresponding period of last year and amounted to 385 mln. 789.7 thousand manats, whilst the forecast was implemented at 107%,” Azerbaijan`s Minister of Economy Mikayil Jabbarov said on Twitter ...

Economy 2022-07-18 19:06:00

The trade turnover between Azerbaijan and Ukraine exceeded $456 million in January-June of this year. Azerbaijan imported goods worth $131.991 million from Ukraine, while Azerbaijan’s export to Ukraine amounted to $324.451 million of this period ...

Economy 2022-07-18 16:01:00

“According to the agreement signed between "Azerbaijan Industrial Corporation" OJSC and "Achenbach Buschhütten" company of Germany, a joint venture for the production of aluminum products will be established,” Azerbaijan`s Minister of Economy Mikayil Jabbarov said on Twitter ...

Economy 2022-07-18 15:00:00

"Makkah" newspaper of Saudi Arabia has published an article by the journalist Zayed Al-Fazil who visited Azerbaijan, headlined "Azerbaijan through the eyes of the Arabs". The author hailed the incredible synthesis of modern architecture and ancient architectural traditions ...

Tourism 2022-07-18 14:52:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $1.76 to trade at $102.92, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $1.59 to stand at $99.18. ...

Oil & gas 2022-07-18 11:20:00

Pursuing its strategic goal of “Easing connectivity, empowering lives”, Azercell now pleases its subscribers living in the regions. Starting from July 12, the leading mobile operator starts visiting the regions of the country with the motto “Closer to the regions”. In the frame of these trips Azercell presents new products and innovative services ...

ICT 2022-07-17 17:09:00

Azerbaijan and Latvia have pointed out wide opportunities for economic cooperation as Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Latvian Minister of Agriculture Kaspars Gerhards.They said there are ample opportunities for participation of Latvian companies in restoration and reconstruction ...

Economy 2022-07-16 14:37:00