Latest News

Investment of Turkish companies increasing in Azerbaijan

16.05.2012 15:46 GMT

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The capacity of mutual investments between two brotherly countries, Azerbaijan and Turkey has been increasing year after year.

Anglo Asian Mining to develop second gold mines in Azerbaijan

16.05.2012 12:55 GMT

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Anglo Asian Mining has received approval from the Ministry of Ecology and Natural Resources for the Development and Production Programme for its Gosha Gold Deposit in Azerbaijan.

Gas production hits 6 bn cm

16.05.2012 11:40 GMT

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In January-April 2012, Azerbaijan produced 6 bn cm of marketable gas.

Serbia interested in developing economic relations with Azerbaijan - envoy

16.05.2012 11:25 GMT

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The Azerbaijani-Serbian business forum started in Baku on 16 May.

Over AZN 3bn worth investments injected in Azerbaijani economy

16.05.2012 10:34 GMT

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In January-April, the fixed capital received AZN 3.3bn from all financing sources for construction works in the country.

Baku-Supsa pipeline suspended for maintenance

16.05.2012 09:30 GMT

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From 15 May, Baku-Supsa pipeline has been suspended for a scheduled maintenance.

Volume of services in communication sector grows by over 13%

16.05.2012 07:24 GMT

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In January-April 2012 the communication facilities provided services to the population in the amount of AZN 423,600,000 to the population, enterprises and organizations of Azerbaijan.

Cargo transportation grows 3.2%

16.05.2012 07:00 GMT

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The volume of cargo transportation in Azerbaijan by all transport means made 64,700,000 tonnes in January-April 2012.

Taxes Ministry contributes over AZN 2bn to state budget

16.05.2012 05:47 GMT

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In January-April 2012, the state budget received AZN 2,236,977,1bn from the Ministry of Taxes.

TRACECA Azerbaijani segment raises transportation

15.05.2012 12:51 GMT

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In the first quarter of 2012 the Azerbaijani segment of the international Transport Corridor Europe Caucasus Asia, TRACECA transported 13,900,000 tons of cargo.

Nar mobile partners Int'l Food Industry Exhibition

15.05.2012 11:04 GMT

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Nar Mobile supports XVIII Azerbaijan International Food Industry Exhibition to be held from May 15 to May 17 in Baku, with the organizational efforts of Iteca Caspian.

Azerbaijan has big desire in alternative energy sphere – EU envoy

15.05.2012 11:03 GMT

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Azerbaijan has a big desire in the alternative energy sphere, and Europe has ample opportunities in this sphere.

People's savings in banks hit AZN 4.3bn

15.05.2012 10:29 GMT

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The amount of savings of people in the banks has increased by 30.7% compared to the last year.

Car numbers to be issued by single window principle in Azerbaijan

15.05.2012 10:11 GMT

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Azerbaijani Cabinet of Ministers has amended the "Regulations on the established procedure of state registration of motor vehicles and their trailers."

Economic growth rate makes 0.3% in Azerbaijan

15.05.2012 10:07 GMT

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In January-April, 2012, GDP production rose 0.3% to AZN 16.6 bn.

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