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The Central Bank of Azerbaijan (CBA) has reduced the discount rate from 8.5% to 8.25%, with the decision to enter into force on July 29, chairman of the CBA Elman Rustamov said at a press conference. According to …
In June 2019, the trade turnover between Turkey and Azerbaijan increased by $644.300 million, compared to June 2018, and amounted to $789.259 million, a source in the Ministry of Commerce of Turkey said. "In June 2019, …
The engineers behind the Shah Deniz 2 project have received the Royal Academy of Engineering’s Major Project Award for 2019 for their collaboration to deliver this complex major offshore, onshore and pipeline gas development project, …
The first shipments of Azerbaijani carbamide in bulk from the SOCAR Carbamide plant have started in late May. Carbamide is loaded into tip-trucks at the SOCAR Carbamide plant and transported to the Hovsan international sea port for …
Economic reforms carried out in Azerbaijan promote the development of the private sector and sustainable growth of non-oil production in the country, Azerbaijan's Minister of Economy Shahin Mustafayev said. …
A Cabinet meeting chaired by President of Azerbaijan Ilham Aliyev dedicated to the results of socioeconomic development of the first quarter of 2019 and future tasks was held yesterday. “In January this …
Azerbaijani President Ilham Aliyev has chaired a meeting of the Cabinet of Ministers dedicated to the results of socioeconomic development of the first quarter of 2019 and future tasks, according to the presidential press …
Moody's Investors Service has affirmed the government of Azerbaijan's long-term issuer and senior unsecured debt ratings at Ba2, according to a press release by Moody's. It is reported that the stable outlook was …
The pavilion's architecture is inspired by two iconic natural elements: the tree and the leaf
Azerbaijan’s central bank cut its refinancing rate to 9% from 9.25%, the CBA press service reported. The central bank also adjusted its rate corridor, setting an upper boundary at 11% and a lower boundary at 7%, compared to 7.25 …
Azerbaijani President Ilham Aliyev has signed a decree on the solution of the question of problem loans of individuals. Vusal Gasimli, executive director of the Center for Analysis of Economic …
President of the Organizing Committee of the ESD Conference on key challenges to development of the richest and the poorest regions of the world
The year 2019 marks the beginning of a new stage of our reforms, Azerbaijani President Ilham Aliyev said in the interview with Real TV. “It is quite natural because the Azerbaijani people once again …
The Central Bank of Azerbaijan has cut the discount rate from 9.75% to 9.25%, chairman of the CBA Elman Rustamov said at a press-conference in Baku. According to him, there are no prerequisites in Azerbaijan for the …
"Russia - Azerbaijan: Agenda in 2019" video conference
A session on 'Advancing the Belt and Road Initiative: China`s Trillion Dollar Vision' was held in Davos yesterday as part of the World Economic Forum. Azerbaijani President Ilham Aliyev and First Vice President …
Work on the launch of digital services related to the payment of welfare, are currently underway and likely to be completed before the end of this year, Azerbaijan's Labour and Social Protection Minister Sahil Babayev …
President of Azerbaijan Ilham Aliyev wishing citizens of the country Happy New Year and International Day of Solidarity with the Azerbaijani People spoke about economic success of the country in 2018. The leader of the country said that …
Azerbaijani President spoke about interaction between Baku and Moscow
Russia and Azerbaijan plan to create joint ventures in the oil sector, Russian Ambassador to Azerbaijan Mikhail Bocharnikov said at a press conference in Baku. "Our plans envisage creating joint ventures in an …
