SOFAZ to get about $ 200 bn in coming years

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Contract of the Century turns 20

20.09.2014 04:21 GMT

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The signing and realization of the “Contract of the Century” is a brilliant result of conducting right oil policy that comprises the economic development concept of independent Azerbaijan Republic.

Bulgaria to start gas import from Azerbaijan in 2016

18.09.2014 09:08 GMT

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Bulgaria intends to import gas from Azerbaijan in 2016.

Azerbaijan ranks 4th in CIS for average monthly salary

18.09.2014 06:54 GMT

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Azerbaijan ranks 4th among the CIS countries for average monthly salary of $568.

Azerbaijani Minister of Economy and Industry meets German MPs

17.09.2014 13:29 GMT

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Azerbaijani Minister of Economy and Industry Shahin Mustafayev has met a delegation of the German Bundestag.

Musa Panakhov about introduction of card system in public transport

17.09.2014 11:22 GMT

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"The negotiations with experienced companies are ending."

SOCAR opens 30 gas station in Romania

17.09.2014 10:55 GMT

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The company plans to increase the number of filling stations to 100 and capturing 10% of the market.

Transport infrastructure of Baku to be ready for European Games

17.09.2014 10:03 GMT

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"The work program covers a wide range of issues."

Period of targeted social assistance may be prolonged up to 2 years

17.09.2014 09:16 GMT

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Period of targeted social assistance for low-income families may be prolonged up to 2 years, said the Minister of Labor and Social Protection of Population Salim Muslumov.

Direct foreign investments in Azerbaijan grow 18.1%

17.09.2014 06:58 GMT

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In August direct foreign investments in the economy of Azerbaijan grew 7.89% versus July 2014.

Volume of services in communications in Azerbaijan grows 10.5%

17.09.2014 06:27 GMT

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In January-August 2014 structures provided services to the population, enterprises and organizations of Azerbaijan in the amount of AZN 988 900 000.

Oilmen have highest salaries in Azerbaijan

16.09.2014 10:56 GMT

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The amount of salaries in various spheres of activity has been made public.

Grand exhibition hall built in Baku

16.09.2014 09:14 GMT

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A grand exhibition hall is under construction in Baku.

Card payment system being introduced in public transport

16.09.2014 07:25 GMT

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A single uniform for drivers will be approved soon.

Trade turnover between Azerbaijan and Germany made $2.2 bln last year

16.09.2014 06:08 GMT

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Azerbaijani Minister of Economy and Industry Shahin Mustafayev has met with the delegation of German Bundestag.

Investments in fixed capital in Azerbaijan increase by 0.5%

15.09.2014 13:09 GMT

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In January-August 2014, investment in fixed capital from all financial sources in Azerbaijan amounted to AZN 10 445 300 000.

Azerbaijan’s non-oil sector growth reaches 6.3% with overall GDP rise of 2.4%

15.09.2014 11:20 GMT

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Over Jan-Aug 2014 the non-oil sector of Azerbaijan kept the status of "engine" of the economy.

Number of unemployed in Azerbaijan grows

15.09.2014 11:16 GMT

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The number of persons with a monthly income amounted to 4 556 500.

Azerbaijan to start producing ammo for grenade launchers

15.09.2014 10:50 GMT

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Azerbaijan will soon start producing three types of ammunitions for grenade throwers.

Rogozin: Trade turnover between the two countries reached a historic high

15.09.2014 10:10 GMT

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Trade turnover between Azerbaijan and Russia reached a record $ 3.6 bn.

Average monthly salary in Azerbaijan reaches AZN 440

15.09.2014 10:01 GMT

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Oilmen, communicators and financiers earn more than others.

SOCAR President comments on oil price fall in world market

15.09.2014 09:05 GMT

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President of the State Oil Company of Azerbaijan Rovnag Abdullayev commented on oil price fall to $90 in he world market.

Two more roads closed in Baku

15.09.2014 07:52 GMT

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Two more roads have been closed in Baku.

Azerbaijani population earns 24 bn for 8 months

15.09.2014 07:26 GMT

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The net income of the population exceeded the last year's figure.

Italy makes decision on Azeri gas

13.09.2014 06:17 GMT

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Italian government takes one more significant step on Trans Adriatic Pipeline (TAP) – signed a certificate of compliance of the pipeline for Italian part.

AZAL holds special campaign on Baku-New York-Baku route

12.09.2014 10:47 GMT

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AZAL holds special campaign on Baku-New York-Baku route.

100 T-90S tanks to be delivered to Azerbaijan in early 2015

12.09.2014 10:14 GMT

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Russia will complete delivery of 100 T-90S tanks to Azerbaijan in early 2015.

Turkish minister about Turkish section of Baku-Tbilisi-Kars

12.09.2014 04:47 GMT

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Lutfi Elvan: "If all goes according to the plan, all the work on our part will be fully completed in 3-5 months".

Global Tax News: Azerbaijan to replicate EU indirect tax laws

10.09.2014 09:02 GMT

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The British Global Tax News website has issued an article titled “Azerbaijan to replicate EU indirect tax laws”.

SOCAR refuses to drill new wells at Umid gas and condensate field

10.09.2014 06:50 GMT

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The State Oil Company of Azerbaijan Republic (SOCAR) refused to drill new wells at Umid gas and condensate field discovered by its geologists in the Caspian Sea.

Azerbaijan and Russia to discuss agreements on power sale and purchase

10.09.2014 05:36 GMT

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Azerbaijan and Russia will discuss agreements on purchase and sale of power at the end of this week.

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