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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
31 August 2016
Mortality for Cancer Increases by 0.8%
The Central Bank does not changed the rate dollar
Demir Bank Introduces Commission for Replenishment of Currency Accounts with AZN
Dynamics of Bank Rankings - II Quarter of 2015-2016
City Finance Reduces Authorized Capital
Iranian Companies Offer Cooperation in Grain Seed Growing
Public Presentation of Enterprises to Be Privatized
Commercial Banks Have Not Resumed Sale of Foreign Currency
Approved Graphic Image of 25-50-meter Coastal Strip of Caspian Sea
Certificates of Investment Projects for 500 Million AZN Issued since March
Ministry of Finance Places Short-term Bonds for 10 Million AZN
Economics News
30 August 2016
Deepwater Gunashli planned shutdown
The rate of dollar increased
Azerbaijani commercial banks stopped selling currency
BSE Restores Membership of Investment Company PSG-Kapital Investisiya
NBC Bank Increases Total Capital
SOCAR Creates New Subsidiary in Azerbaijan
Ministry of Finance Concerned about Uncontrolled Trade in Jewels
Ministry of Agriculture Requires to Declare Non-bank Credit Organization Icraci Kredit Agentliyi Bankrupt
New Executive Director at Azerfon LLC
Number of Flights from Russia to Azerbaijan Reduced
Negative Outlook on Azerbaijan’s Economy Kept
Fewer Doctors in Azerbaijan
Expert Proposes to Create Problem Loans Fund under Central Bank
Ilham Aliyev Receives Secretary General of Gas Exporting Countries Forum
SOFAZ Sells Banks $ 50 Million
Baku Stock Exchange Suspends Membership of Six Companies
CBA Receives Less than Expected from Deposit Auction Again
Economics News
29 August 2016
The Central Bank does not change the rate of dollar
Baku-Tbilisi-Kars project will start this year, Mammadyarov
"Silk Way Airlines" purchased a new "Boeing 747-8F"
Net Profit of AFB Bank in H1 Rose by 2.78%
Avrasiya Bank’s Assets Grew by 2.63% in July
Winner of Tender for Regulations for Construction and Urban Development Determined
Ministry of Finance to Place Three-month T-bills for 10 Million AZN Tomorrow
Number of Employees of JSC Capital Bank Increased by 4.7%
Investment Company Increases Market Value of Petkim Shares by 11%
SOCAR Signs Memorandum with Balkan States on Pipeline IAP
New Privatization Auctions Announced
Ministry of Taxes Changes Form of Tax Returns
Economics News
27 August 2016
Head of ABA Justifies Raising Bank Commission for Withdrawing Dollars from Manat Cards
Ankara Pleased with SOCAR Activities in Turkey
Dark Aspects of Public Procurement Tenders
Investors of Nine Private Banks of Azerbaijan Receive 212 Million AZN as Compensation
License of Insurance Company Alfa Sigorta Canceled
Economics News
26 August 2016
The Central Bank has not changed the dollar rate
Central Bank to Hold Tenth Deposit Auction
Winemaking to Be Centralized
Economist, ‘Between the Central Bank and the Ministry of Finance there is disagreement as to the fate of the manat’
Another Azerbaijani Insurance Company Included in Green Card System
Four Azerbaijani Companies Allowed to Export to Russia
Production from Muradkhanli Block Commenced on PSA
Azerbaijan Realizes 45.5% of Its SGC Financing Obligations
Economics News
25 August 2016
The rate of dollar increases
American Company Leaving Azerbaijan
Auctions on Privatization to Be Carried out in Open Format
Experts Predict Rise of USD against AZN
Depositors of Nine Closed Banks Paid 206 Million AZN
Azerbaijani Customs Officers Reveal Large Consignment of Contraband Cigarettes
SOFAZ Sells Banks $ 50 Million
Tax Ministry Plans to Introduce New Tools for Identification of Tax Liabilities
Mugan Bank Increases Authorized Capital by Ten Million AZN
Law Enforcement and Financial Authorities Conduct Raids against Illegal Money Changers
Economics News
24 August 2016
The rate of dollar against the manat remaines unchanged
Expert: ‘Commercial Banks Do Not Trust Central Bank or AZN’
Ministry of Communications to Start Project of Free Internet in Public Areas
Virtual Search for Good Doctors to Become Possible
Economist: ‘Growth of USD to Continue’
Culture and Tourism Ministry Assigns Starts of Quality to Eleven Hotels in Azerbaijan
ADB to Finance Improvement of Regional Water Supply in Azerbaijan
Rates of Putting Housing into Operation Falling
Ministry of Finance of Azerbaijan Places Short-term Government Bonds of 20 Million AZN
SOCAR Opens Summer School - 2016
BP, Lowering Costs by 17%, Achieves Growth of Oil Production from ACG
Economics News
23 August 2016
The rate of dollar increases
Situation with Deposits in Azerbaijani Banks
Population shifts to public transportation: fuel consumption reduced in internal market
First Tanker for Azerbaijani Company Launched in Russia
BTC Transports Nearly 18 Million Tons of Azerbaijani Oil This Year
72.6% of Depositors of Four Closed Banks Compensated
Expert: Either Accept Reduction in Foreign Exchange Reserves, or Devaluation
Iteca Caspian Announces Autumn Exhibition Season
Azerbaijan Seeks Access to Eurasian Union
Growth of Oil Sector’s GDP with Decline in Other Positions
SOFAZ Sells $ 46 Million to Banks
Procedure for Use of Frozen Assets Established
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From the editor
Want to say,
14 February, 15:11
1083
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
1316
Moldova Closes the "Russian House" in Chișinău
Politics,
13 February, 17:33
1355
New Head of "Icheri Sheher"
Politics,
13 February, 17:01
1679
The court did not release Shahnaz Beylargizi from detention
Culture,
13 February, 16:10
1101
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
1167
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
2139
Azerbaijan to cut ‘Sputnik Azerbaijan’ and BBC editorial staff to minimum
Politics,
13 February, 13:43
1774
MP on deportation of migrants from Russian Federation
Social,
13 February, 13:28
866
Rains are expected
Finance,
13 February, 12:43
1116
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
1191
Jeyhun Bayramov to attend Munich Security Conference
Politics,
13 February, 11:45
1392
Azerbaijan files lawsuit against Armenia to international arbitration
Politics,
13 February, 11:33
1072
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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