Economics - 2016
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Azerbaijani resident Orhan Guliyev, current operation manager of Chirag and deep-water Guneshli sections, has been appointed Vice President for Technical Safety and Operation Risks in BP-Azerbaijan...
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Azerbaijan and Indonesia have been working on the draft of memorandum on mutual understanding in field of energy and mineral resources cooperation, reported the Azerbaijan Energy Ministry. The...
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SOCAR will do a technical evaluation of the Japanese companies’ proposals aimed at investing capital into the Azerbaijani oil and gas industry, Rovnag Abdullayev, President of State Oil Company of...
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Asian Development Bank (ADB) is ready to allot credit worth $450 million for development of the Phase 2 of the Azerbaijani gas condensate field Shah Deniz, reads information on ADB web site. Th...
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By the order of the President, the Deputy Minister of Taxes Sahir Mammadkhanov was appointed the First Deputy Minister. The post had remained vacant after the appointment of Namig Amirov Assistant...
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In 2015, Azerbaijan purchased abroad 10.9 thousand tons of toilet soap, etc., by 23% less than in the previous year. According to the State Customs Committee (SCC), in 2015, importers have spent o...
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By the decree of the president Ilham Aliyev, the head of the deputy chairman of the Chamber's Board of Directors for the control of the financial markets of Azerbaijan was appointed. She was b...
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JSC «Khalq Bank» intends to improve the risk management system. According to the tender announcement of the bank (http://www.xalqbank.az/az/bank/bank-in-life/kiv-about-bank/news/asc-xalq-bank-ac-q-te...
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The Department of the Ministry of Environment and the National Resources, published the results of monitoring of the state of pollution of border rivers Kura and Araz rivers and their tributaries. Th...
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The state-run JSC Azeravtoyol embarked on the reconstruction of the Mashtaga-Bilgah road in the Sabunchu district of Baku. As the press-service of the JSC said, the works are carried out direct...
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The report of the insurance company Pasha Hayat Sigorta for the last year has been published. Its assets by 31 December amounted to 148 million 568 thousand manats (+ 61.8% per year), while the...
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The priorities for IDPs' lending business of the Kalbajar region have been identified by the National Entrepreneurship Support Fund (NESF). According to NESF under the Ministry of Economy, loca...
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The share of alternative energy in Azerbaijan in the first two months of the year amounted to 0.067% (2.7 thousand megawatt hours) of total electricity generation, the State Statistics Committee of Az...
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A new project Virtual Economic Forum (www.diskurs.az) has started. As stated on the website of the organizer - the Azerbaijan State Economic University, the project is designed for scientists a...
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A report by Elchin Suleymanov, Caucasus University lecturer in the context of the review of the Food and Agriculture Organization of the United Nations (FAO) on food trade policy in the post-Soviet...
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In January 2016 the state budget revenues amounted to 1 billion 349.6 million manats. The Ministry of Finance spent 516.4 million mantas of that. Thus, a surplus was formed in the amount of 833...




