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If Turan Leaves…
SOCAR implements the Leucipa digital program to optimize production
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Azerbaijan reduced gas exports by 300 million cubic meters in January
Azerbaijan’s oil exports decreased by 100 thousand tons in January
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Georgia reduced gasoline imports from Russia in 2024
OPEC maintains its oil demand growth forecast
U.S. expects Brent oil price of $74.5 per barrel in 2025
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
OPEC: $10 trillion spent on the energy transition
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
European Gas Prices Fell After Putin-Trump Phone Call
Moldova Closes the "Russian House" in Chișinău
Home page
Economics
Economics
Economics News
30 July 2016
Kempinski Leaves Azerbaijan
Economics News
29 July 2016
Price for bread will increase!
New Building for Ministry of Taxes
Issuing Compensation to Depositors of Four Liquidated Banks to Start August 1
Ilgar Muradov Appointed Head of ADIF
Investment Promotion Documents Received by Twelve More Companies
Sumgait Chemical Industrial Park Receives New Resident
Real Incomes Fell by 2.1%
JSC Khazar Lada Gains 100,000 AZN
Assets of Bank Silk Way Slightly Reduced
Khalg Bank’s Rating Remains Negative
NFES Issues 622,000 AZN to Gusar Businessmen
Economics News
28 July 2016
SOFAZ Unable to Meet Banks` Demand for Foreign Currency
Private Banks Have Virtually No Tax Debts
SOCAR Turkey Energy Clarifies Number of People Laid Off in Petkim
Baku Hosts Training for Government Agencies Staff Responsible for Procurement
Accounting Chamber Finds No Embezzlement in JSC Irrigation and Water Management
US and Azerbaijan Fund Medical Center
Securities of Two Issuers Withdrawn from BSE Listing
Nabi Aliyev Appointed Advisor to Head of IBA
Correction
Head of Petkim Arrested in Turkey
ADB Allocates $ 250 Million to Azerbaijan for Electricity Networks
Issue of Financing Construction of Railway Astara-Rasht Considered in Baku
Five Insurance Companies of Azerbaijan Do Not Pay Enterprise Profit Tax for Two Years
Greece accused European Commission of delay of sale of SOCAR’s share in DESFA
Specialized Portal on Privatization
Economics News
27 July 2016
Nonsense at Auction of T-bills
Over Ten Foreigners Banned from Leaving Azerbaijan because of Tax Debts
Moody’s Confirms Rating of Bank of Baku at B3 Stable
Sister of Former Head of IBA Accuses Ministry of Finance of Fraud
Azerbaijan Coca-Cola Bottlers Increases Investments
FMCH "for" Establishment of Private Credit Bureau
TANAP construction accelerated in central part of Turkey
New chief of ExxonMobil office in Azerbaijan appointed
Violations of Public Funds in Ministry of Labor
Renovation of Residential Buildings Entrusted to Newly-made Company
Contributions with Interests to Be Returned to Investors of Four Closed Banks
Audit Chamber Reveals Shortcomings in AZAL
Economics News
26 July 2016
SOFAZ Sells $ 50 Million to 27 Banks
Chinese Company Offers Mulberry Seedlings for Gardens
Draft Budget for 2017 Prepared
Three or Four Other Banks Can Lose Licenses – Expert
Fifth Deposit Auction Granted Application for 50 Million AZN
Review of Deposit Receiving by Azerbaijani Banks
Economics News
25 July 2016
Moody’s downgrades the economy of Azerbaijan to "0"
JSC NBC Bank Completed H1 with Profit
USD Exchange Rate over AZN 1.6 in Commercial Banks
Deka Bank Turns into Non-bank Credit Organization
Para Bank to Act as Different Entity
VTB Bank (Azerbaijan) Offers Customers Service in Chinese Yuan
AZAL and Ural Airlines Agree on Gabala-Moscow Flights
Oil Fund spent almost $845 million for construction of STAR oil refinery in Turkey
During 6 months production of chemical products in Azerbaijan dropped by 16%
Economics News
22 July 2016
International Donors: Agrarian Sector in Azerbaijan Needs Formation of Value Chains
First time Azerbaijani company has losses in investment project
Imports of Motor Vehicles Declined Again in June
Eighteen Companies Receive Investment Promotion Document
Finance Ministry Proposes Bonds in Amount of 25 Million AZN
Since 2003 SOFAZ transferred 65.6 billion AZN to state budget
SOCAR to continue implementation of projects and investing into Turkey, says Rovnag Abdullayev
Licenses of Four Banks Revoked
Economics News
21 July 2016
The rate of manat is falling
OJSC Azer-Turk Bank Gains Profit in Amount of 8.9 Million AZN
Current Role of Oil Sector in Azerbaijan’s Budget - Analysis
CJSC Agrarkredit Has 27.26% Stake in Bank of Azerbaijan
State Budget Deficit in H1 Amounted to 11% of Revenues
Negative Balance of Foreign Trade Turnover Fixed
Volumes of Commissioned Housing Decrease
SSC Registered Decline in Housing Prices
Activity in Property Market Fell by 21.3%
Highways Fund Management Entrusted to Azeravtoyol JSC
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From the editor
Want to say,
14 February, 15:11
1087
If Turan Leaves…
Energy,
14 February, 07:43
368
SOCAR implements the Leucipa digital program to optimize production
Energy,
14 February, 07:41
369
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Energy,
14 February, 07:39
358
Azerbaijan reduced gas exports by 300 million cubic meters in January
Energy,
14 February, 07:37
342
Azerbaijan’s oil exports decreased by 100 thousand tons in January
Energy,
14 February, 07:34
348
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
Energy,
14 February, 07:32
320
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Energy,
14 February, 07:30
338
Georgia reduced gasoline imports from Russia in 2024
Energy,
14 February, 07:28
293
OPEC maintains its oil demand growth forecast
Energy,
14 February, 07:26
320
U.S. expects Brent oil price of $74.5 per barrel in 2025
Energy,
14 February, 07:21
402
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
Energy,
14 February, 07:20
344
OPEC: $10 trillion spent on the energy transition
Energy,
14 February, 07:18
312
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
Energy,
14 February, 07:16
297
European Gas Prices Fell After Putin-Trump Phone Call
Politics,
13 February, 17:40
1320
Moldova Closes the "Russian House" in Chișinău
Politics,
13 February, 17:33
1359
New Head of "Icheri Sheher"
Politics,
13 February, 17:01
1683
The court did not release Shahnaz Beylargizi from detention
Culture,
13 February, 16:10
1105
A Unique Exploration of Climate Change and Storytelling in Baku: A New Documentary Theatre Experience
Economics,
13 February, 14:47
936
Azerbaijan’s Foreign Currency Reserves Surpass External Debt by 14-Fold
Economics,
13 February, 14:07
1171
Hydrocarbon Production in Azerbaijan Decreased in January 2025 — Ministry of Energy
Social,
13 February, 14:02
4603
Appeal to the Readers of the Turan News Agency
Politics,
13 February, 13:59
2143
Azerbaijan to cut ‘Sputnik Azerbaijan’ and BBC editorial staff to minimum
Politics,
13 February, 13:43
1778
MP on deportation of migrants from Russian Federation
Social,
13 February, 13:28
866
Rains are expected
Finance,
13 February, 12:43
1119
Azerbaijan to redeem part of domestic public debt ahead of schedule
Finance,
13 February, 11:53
745
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
Politics,
13 February, 11:49
1194
Jeyhun Bayramov to attend Munich Security Conference
Politics,
13 February, 11:45
1396
Azerbaijan files lawsuit against Armenia to international arbitration
Politics,
13 February, 11:33
1075
Ilham Aliyev receives credentials of Ambassadors of Paraguay, Belarus and Turkey
Finance,
13 February, 11:22
711
Azerbaijan increases social insurance receipts by nearly 12%
Finance,
13 February, 11:07
647
Azerbaijan's revenues from export of insurance services decline by more than 23%
Finance,
13 February, 10:45
676
'İpək Yolu Sığorta' insurance company convenes shareholders' meeting
Finance,
13 February, 10:43
701
Foreign currencies rates fixed by Central Bank
In World,
13 February, 10:15
372
European powers demand seat at table in Ukraine talks
In World,
13 February, 09:54
289
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
In World,
13 February, 09:43
328
Russia's Putin holds phone call with Syria's Sharaa
In World,
13 February, 09:21
449
Russian spy in Ukraine's anti-terror centre 'caught after being fed false secrets' to send to Moscow
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