Economics - 2016
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Russia, Iran and Azerbaijan will take measures on the development of transport infrastructure measures, including the corridor "North-South". This, according to the draft declaration, which today is e...
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The agreement will see the IBA and the reigning Italian champions collaborate in a series of activities within Azerbaijan beginning with the opening of a new Juventus Academy based at the Inter Are...
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AtIn the foreign exchange auction of the Central Bank of Azerbaijan on August 8, the State Oil Fund of Azerbaijan (SOFAZ) has sold to 28 banks $ 49.4 million. Total of $ 49.4 million were offered....
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Over seven months of 2016 the Baku airport provided services to 1.69 million passengers in total. During the same period, the cargo terminal of airport transported 8.9 million tons of cargo, 88% of...
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On September 5 a 10% export duty on copper was introduced in Azerbaijan; the amount of the fee per ton of goods is not less than 300 US dollars. The Cabinet of Ministers adopted a resolution on thi...
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From January to July 2016 Azerigas, gas distribution company of SOCAR, has supplied with gas 125 settlements, SOCAR reported. “During this period 6,681 km of new gas pipelines have been laid a...
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SOCAR Petroleum closed-type joint stock company (JSC), SOCAR’s daughter company, has increased number of petrol stations under SOCAR brand name in Azerbaijan up to 22. A source from the company...
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AMEC-Tekfen-Azfen alliance has already finished over half of construction of the above water section of two platforms as a part of the Shah Deniz-2 project by order of the Shah Deniz consortium....
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Next auction on placement of government bonds with maturity period of 91 days will take place tomorrow at Baku Stock Exchange. At the previous auction the Ministry of Finance intended to issue bonds...

