Economy
Azerbaijan, Turkey to set up Eurasian Agricultural Council
18.04.2014 [19:52]
Azerbaijan and Turkey will create Eurasian Agricultural Council. A relevant agreement was signed by head of Azerbaijani National Confederation of Entrepreneurs (Employers) Mammad Musayev and head of Turkish Agriculture and Food Industry Confederation Hakan Yuksel
 
FINCA Azerbaijan opens new office in Beylagan district
18.04.2014 [19:51]
FINCA Azerbaijan, as an NBCO devoted to the provision of best customer services held an official opening ceremony of its new office that meets all the requirements of modern standards in Beylagan district. The opening ceremony was attended by the deputy of Beylagan ExCom, Timothy Tarrant – country director of FINCA
 
‘Montenegro keen to develop relations with Azerbaijan in various spheres of economy’
18.04.2014 [18:13]
“Montenegro is interested in developing relations with Azerbaijan in various spheres of economy, in particular in the field of investment making,” chairman of the Montenegrin Parliament, OSCE PA president Ranko Krivokapic said at a meeting with Azerbaijani Minister of Economy and Industry Shahin Mustafayev
 
Azerbaijan, Montenegro discuss prospects for cooperation
18.04.2014 [17:35]
Montenegrin businessmen Denis Mandich and Dusco Knezevich have visited Azerbaijan Export and Investment Promotion Foundation (AZPROMO). The meeting focused on prospects for cooperation between the two countries in the fields of tourism, construction and food industry
 
Baku hosts 16th International Conference InvestPro - Azerbaijan 2014
18.04.2014 [15:13]
The 16th international conference InvestPro-Azerbaijan 2014 has been held in Baku. The event focused on a wide range of issues, including international investment, financing, management, and the establishment of international institutions
 
International Bank of Azerbaijan assets jump by 23%
18.04.2014 [15:10]
Assets of the International Bank of Azerbaijan (IBA) increased by 22.8% during the year and reached AZN 7.648 bln, according to the data for April 1, 2014. IBA`s loan portfolio increased 28.2% compared to April 1, 2013 and amounted to AZN 5.155 bln by April 1, 2014. Loans given to individuals reached AZN 557.2 million. Retail deposits in
 
Baku to host Startup Weekend `14
18.04.2014 [15:09]
Startup Weekend Baku will commence today in capital Baku for the second time. The event, which has taken place in more than 200 cities around the world, will gather entrepreneurs, marketing specialists, designers and programmers that will form teams and present the jury with new projects
 
Oil price changes in world markets
18.04.2014 [11:38]
The price of oil has changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.54 to stand at $104.03. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has
 
Ambassador: Italy is interested in cooperation with Azerbaijan in ICT sector
17.04.2014 [20:46]
“Italy is interested in cooperation with Azerbaijan in the field of information and communication technologies,” said Italian Ambassador Giampaolo Cutillo at a meeting in Azerbaijan`s Ministry of Communications and High Technologies. Ambassador Cutillo accompanied an Italian delegation, which included executives of
 
Oil prices fall in world markets
17.04.2014 [13:28]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has increased $0.01 to stand at $103.76. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has increased $0.24 to trade at $109.60
 
Azerbaijan Chamber of Auditors, Georgian Federation of Professional Accountants and Auditors sign MoU
17.04.2014 [12:09]
Azerbaijan Chamber of Auditors and the Georgian Federation of Professional Accountants and Auditors (GFPAA) have signed an agreement on Mutual Understanding. Speaking to the signing ceremony, which took place in Baku, Vahid Novruzov, chairman of
 
‘In the summer of this year, the first phase in the construction of a new international seaport should be completed’
16.04.2014 [22:43]
“In the summer of this year, the first phase in the construction of a new international seaport should be completed,” said President Ilham Aliyev in a meeting of the Cabinet of Ministers dedicated to the results of socio-economic
 
Panasonic, Fujitsu in broad agreement to form chip company: sources
16.04.2014 [22:06]
Panasonic Corp and Fujitsu Ltd have reached a basic agreement to form a company this autumn as part of their plan to combine their chip design and development operations, two sources familiar with the matter said on Tuesday. The new company will have be capitalized at 50 billion yen ($490.9 million), with Fujitsu
 
Azerbaijani President: “A new terminal of the Heydar Aliyev International Airport will be put into operation in the coming days”
16.04.2014 [19:17]
“A new terminal of the Heydar Aliyev International Airport will be put into operation in the coming days,” said President Ilham Aliyev in a meeting of the Cabinet of Ministers dedicated to the results of socio-economic development in the first quarter of 2014 and objectives for the future
 
President Ilham Aliyev: Infrastructure projects are and should be implemented according to the program
16.04.2014 [19:00]
“Infrastructure projects are and should be implemented according to the program,” said President Ilham Aliyev in a meeting of the Cabinet of Ministers dedicated to the results of socio-economic development in the first quarter of 2014 and objectives for the future
 
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