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Baku hosts 5th EU-Azerbaijan Business Forum

2019.06.13 16:50 GMT

The 5th EU-Azerbaijan Business Forum kicked off in Baku. Organized by the EU Delegation in cooperation with the German-Azerbaijani Chamber of Commerce (AHK) and the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), the EU-Azerbaijan Business Forum brings together hundreds of business and government leaders from the EU and Azerbaijan, who share the goal of strengthening business relations.

Flights from Rostov-on-Don to Baku to be resumed

2019.06.13 15:12 GMT

Russia’s IrAero airline has announced the opening of direct flights from the Russian city of Rostov-on-Don to the Azerbaijani capital of Baku from July 6.

Expert: Russia-Azerbaijan-Iran regional partnership testifies their interest in INTC project

2019.06.13 15:04 GMT

The willingness of regional partners, namely Russia, Iran and Azerbaijan, to support the implementation of International North-South Transport Corridor (INTC) project for many years testifies its economic feasibility and geopolitical significance, Director of Russian Economic School.

Tourism Association: More Azerbaijani citizens to travel abroad this summer

2019.06.11 18:26 GMT

According to the travel agencies’ information, the number of Azerbaijani citizens traveling abroad will increase this summer, Nahid Bagirov, chairman of the Azerbaijan Tourism Association (AzTA), told Trend on June 11.

Cooperative on pomegranate cultivation to be set up in Azerbaijan's region

2019.06.11 15:23 GMT

A meeting dedicated to setting up a cooperative on pomegranate cultivation was held in Goychay district of Azerbaijan, Trend reports referring to Azerbaijan Pomegranate Producers and Exporters Association.

Insurance premiums in Azerbaijan in January-April 2019 revealed

2019.06.10 14:38 GMT

In January-April 2019, insurance companies of Azerbaijan collected premiums worth 265.3 million manats, and the value of insurance payments amounted to 66.7 million manats, Trend reports with reference to Azerbaijan’s Financial Market Supervisory Authority (FIMSA).

UK, Azerbaijan start cooperation in renewable energy field

2019.06.10 14:35 GMT

An article devoted to the 3rd meeting of Joint Intergovernmental Commission held on May 22 and strengthening of UK-Azerbaijan relations in the field of renewable energy is published at the website of the government of United Kingdom of Great Britain and Northern Ireland, APA-Economics reports citing Ministry of Energy of Azerbaijan.

Shahin Mustafayev: Azerbaijan’s participation in Saint-Petersburg economic forum is a necessary step for extension of bilateral cooperation

2019.06.07 15:08 GMT

Azerbaijan’s both political and economic links with Russia develop successfully. Russia is main trade partner of Azerbaijan on non-oil and gas sector, Ministry of Economy Shahin Mustafayev said at the 23rd International Economic Forum in Saint Petersburg.

Gazprom Armenia fined 10m drams by public services watchdog

2019.06.07 14:47 GMT

Gazprom Armenia has been fined 10,000,000 drams by Armenia's public services watchdog for violations of gas distribution requirements, Armenpress.am reports.

Central Bank of Azerbaijan reveals reduction in lending to legal entities

2019.06.07 14:27 GMT

In January-April 2019, the volume of lending to legal entities in Azerbaijan decreased by 2.7 percent compared to the beginning of the year, Trend reports referring to Central Bank of Azerbaijan (CBA).

Azerbaijan presented at biggest transport exhibition in Europe for first time

2019.06.04 15:18 GMT

For the first time, Azerbaijan participates in the Munich exhibition “Transport Logistic”, which is held in the center “Messe Munchen” on June 4-7, 2019, Trend reports with reference to Azerbaijan Railways CJSC.

Central Bank of Azerbaijan, SECO sign memorandum

2019.06.04 07:44 GMT

A memorandum of understanding was signed between Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov and deputy regional director for South Caucasus at the Swiss State Secretariat for Economic Affairs (SECO) Simone Haeberli, Trend reports referring to the CBA.

AZAL: Negotiations on purchase of Boeing 737 Max-8 aircraft are still underway

2019.06.03 16:41 GMT

Negotiations on the purchase of Boeing 737 Max-8 aircraft with Boeing Corporation are still underway. Implementation of the signed contract is planned to be rescheduled from 2019 to 2024, according to Azerbaijan Airlines (AZAL) CJSC.

Ilham Aliyev: Oil and gas produced from Azeri-Chirag-Gunashli fields will serve Azerbaijani people and state for many years to come

2019.06.01 18:29 GMT

Oil and gas produced from Azeri-Chirag-Gunashli fields will serve Azerbaijani people and state for many years to come, said Azerbaijan’s President Ilham Aliyev, speaking at the opening of the 26th International Caspian Oil & Gas-2019 Exhibition and Conference, as well as the 9th Caspian International Power and Alternative Energy Exhibition at the Baku Expo Center.

SOCAR, Tekfen sign memorandum on construction of new plant in Azerbaijan

2019.06.01 07:06 GMT

A meeting was held on May 31 between Rovnag Abdullayev, President of Azerbaijan’s SOCAR, and Murat Gigin, Chairman of Turkey’s Tekfen, Trend reports referring to SOCAR.

BP’s President for Azerbaijan, Georgia and Turkey talks future projects in Azerbaijan

2019.05.30 18:23 GMT

BP has been in the Caspian region for 27 years. Over that time we have worked closely with stakeholders and our partners to successfully deliver what we believe are truly world-class projects, Gary Jones, BP’s Regional President for Azerbaijan, Georgia and Turkey said.

GM Uzbekistan to export cars to Azerbaijan

2019.05.30 08:15 GMT

The General Motors Uzbekistan has resumed car sales in Azerbaijan, Trend reports with reference to the press service of the company.

Business tour to Baku International Sea Trade Port organized

2019.05.27 19:48 GMT

“The members of the Caspian European have joined the business tour arranged to the Baku International Sea Trade Port,” First Deputy Chairman and CEO of the Caspian European Club Telman Aliyev said.

Azerbaijani Chamber of Accounts to be provided with information on commercial, tax secrets

2019.05.24 15:37 GMT

The Azerbaijani Chamber of Accounts will be provided with information on commercial and tax secrets, Trend reports on May 24.

Transport hub planned to be created in Baku's Sabunchu settlement

2019.05.23 20:27 GMT

Azerbaijan needs additional 50 passenger trains and 4,000 freight railcars, chairman of the Azerbaijan Railways CJSC Javid Gurbanov said, Trend reports on May 22.

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