Economics - 2016
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On August 1, 2016 Russian car owners will be able to enter the territory of Azerbaijan with the Russian insurance certificate "Green Card". The relevant agreement within the international motor third...
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By January 1, 2016 SOCAR placed 543 million AZN as deposits in three Azerbaijani banks, reads the consolidated report about SOCAR’s financial operations last year audited by Ernst& Young. Of th...
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US gas resumed Azerbaijani oil import, reported the US Energy Information Agency (EIA). From January to April 2016 US imported from Azerbaijan 2.1 million barrels (284,000 tons), while during t...
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Baku held a public hearing on Industrialization and Innovative Development. According to the chief of a department of the Presidential Administration Elkhan Mikayilov, at the first stage of pre...
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The Azerbaijani-Belarusian business forum will be held in Baku Business Center on July 15. The forum is expected to involve representatives of about 10 public and private Belarusian companies....
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On the initiative of the Chairman of the Azerbaijani State Customs Committee Aydin Aliyev a meeting was held with the Russian Ambassador to Azerbaijan Vladimir Dorokhin. According to SCC, the h...
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An Azerbaijani official Shahin Eyyubov has bought property in Turkey at $ 5 million, according to the website Biziminfo.com (http://www.biziminfo.com/news/46783.html). He is the head of the territo...
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The Central Bank of Azerbaijan has once again lowered the rate of the manat against the US dollar, setting it at the level of AZN 1.5456 per USD. Thus, the national currency decreased by 0.2%. The...
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The State Agency for Citizens Service and Social Innovations under the President of Azerbaijan has announced non-working days on 6 and 7 July for the network of centers of simplified access to public...
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From September on, the Neftchala district will not be associated exclusively with fish and an iodine-bromine plant. The local industrial quarter has already received 8 calls from investors to provide...
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Azerbaijan will create special tourist zones, the Deputy Minister of Economic Development Sevinj Hasanova told the media. According to her, special zones will be created at the Caspian seaside for the...
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Azerbaijan is ready to give a loan to the Government of Montenegro in the amount of 175 million Euros for the implementation of a road project. This was announced on July 5, Azerbaijani media reported...
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JSC Access Bank Azerbaijan draws a second line of credit in the amount of approximately EUR 20 million in a partnership with the European Investment Bank (EIB). The first line was opened on July 11, 2...
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President Ilham Aliyev signed a decree on 4 July on the allocation of 12 million AZN to the Ministry of Agriculture for the needs of seed crops. These funds will be used for the construction of sp...
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During six months, 2016 SOCAR exported 643,145 tons of products of oil refining and petrochemistry to the foreign markets. SOCAR press office reported that during this period the following prod...
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During six months 2016 SOCAR exported 10,247,879 tons of crude oil from the terminals in Black and Mediterranean Seas, reads SOCAR’s web site. From January to June 2015 SOCAR exported 11,406,89...










