Economics - 2016
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In order to increase cargo traffic, trucks and vehicles with trailers and semi-trailers registered abroad will be exempt from road tax for three years. According to the presidential decree on amen...
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The Cabinet amended the rules of the financial statements of commercial organizations. Under the new requirements, the information on the approval of the financial statements of investment funds an...
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Fitch Ratings International Agency published a report on countries that gained the most from rising prices for raw materials in 2003-13 respectively. Azerbaijan was in the list of leaders, along with...
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Baku hosted a conference of the EU-funded project "Support to the activities in the field of institution-building in Azerbaijan> (SIBA). According to the EU Ambassador to Azerbaijan Malena Mard...
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In autumn 2016 SOCAR plans to sign the contract with BP to explore perspective bloc D-230, which is located 100 km away from the northeast of Baku, SOCAR President Rovnag Abdullayev told journalist...
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SOCAR has not determined the term of signing of the contract to finish development of Azeri-Chirag-Guneshli (ACG) fields, said SOCAR President Rovnag Abdullayev. “The talks have been already co...
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The Association of Banks of Azerbaijan (ABA), to enhance the liquidity of AZN, has offered to place 5% of the assets of the State Oil Fund (SOFAZ) in the national currency, the head of the Azerbaij...
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Baku hosted a forum on risk management with the participation of an analyst from Moody`s, Mary Malyukova. According to her statement, Moody's conducted stress tests in 8 banks of Azerbaijan on...
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Azerbaijani President Ilham Aliyev signed a decree "On some measures in the field of study, research, exploration and mining of the ore deposits Garadag, Chovdar, Geydag and Dagkesemen and the fiel...
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In quarter 1, 2016 BP-Azerbaijan company (the operator developing Azeri-Chirag-Guneshli (ACG) oil bloc) handed over to State Oil Company of Azerbaijan (SOCAR) 692 mcm of associated gas, down 42.3%...
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The President of the European Bank for Reconstruction and Development Suma Chakraborty within the framework of his visit to Baku had a meeting at the "round table" with representatives of civil soc...
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BSA Association, which published a report on the level of piracy in software by the end of 2015 (http://globalstudy.bsa.org/2016/downloads/studies/BSA_GSS_InBrief_US.pdf), believes that in Azerbaijan...
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In quarter 1, 2016 average daily oil production on the offshore project Azeri-Chirag-Guneshli (ACG) totaled 651,000 barrels. Average daily oil production went down by 10,000 barrels or by 1.51% aga...
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The State Oil Company (SOCAR) has closed its office in Geneva. According to the interview of the Azerbaijani Ambassador to Switzerland Akram Zeynalli with Nasha Gazeta (Our Newspaper), cost opt...
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The World Bank and the Azerbaijani government have presented the results of a study entitled "The information technologies sector in Azerbaijan; calls and opportunities." The study identified t...
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In the course of the meeting between the Chairman of the Board of CJSC Azerbaijani Railways Javid Gurbanov and the Chief Executive Officer of DHL Company for Eastern Europe Steve Hyuang in Istanbul a...










