Business & Finance

Web Desk September 21, 2021

Teknofest – Aerospace and Technology Festival opened at Istanbul’s Ataturk International Airport on September 21. The opening ceremony was attended by the Minister of Transport, Communications and High Technologies of Azerbaijan Rashad Nabiyev, heads and representatives of various government agencies and students of higher education institutions. Teknofest is a joint organization of the Turkish Technological Team […]

Web Desk September 21, 2021

In August 2021, compared to July, the producer price index for agricultural products amounted to 99.9 percent, including 100.5 percent for crop products and 99.3 percent for livestock products. The State Statistics Committee told AZERTAC that in August, the producer price index for forestry products reached 100.7 percent, and the producer price index for fish and other fishery […]

Web Desk September 21, 2021

In order to prevent the spread of COVID-19 in Kazakhstan, a meeting of the interagency commission decided to ease the quarantine conditions. Kazakhstan will resume flights to 16 countries from September 27 – Azerbaijan, Russia, Turkey, UAE, Uzbekistan, Germany, Maldives, Korea, Poland, Hungary, Italy, Czech Republic, Sri Lanka, China, Saudi Arabia and Kuwait. intends to increase. […]

Web Desk September 21, 2021

From September 22, the fare on buses running on route number 160 (“Koroglu” NMM – Bina settlement) will be paid through “BakiKart”. The Baku Transport Agency told AZERTAC that in order to ensure the comfort of passengers, according to the traffic scheme of route 160, Sabunchu district at Yeni Ramana 141, Yeni Ramana 233, Bina settlement at 11 […]

Web Desk April 2, 2021

Deputy Prime Minister of Belarus Igor Petrishenko and Ambassador of Azerbaijan to Belarus Latif Gandilov have discussed trade and economic cooperation between the two countries, according to BelTA. Igor Petrishenko said: “I would like to thank you for participating in the development of Belarusian-Azerbaijani relations. Cooperation has been developing vigorously, meetings and visits have been […]

Web Desk March 6, 2021

Oıl prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $2.62 to trade at $69.36, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) increased $2.26 to stand at $66.09.   Source: Azerbaijan State News Agency

Web Desk March 6, 2021

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.56 to stand at $69.26.   Source: Azerbaijan State News Agency

Web Desk March 6, 2021

Pakistan International Airlines (PIA) will launch direct flights to Baku starting from May 14, 2021. “Baku has ranked consistently as one of the hottest destinations for tourism and business in recent years. Experience this unique destination with PIA starting from 14th May, 2021,” PIA says.   Source: Azerbaijan State News Agency

admin April 17, 2020

International rating agency Fitch Ratings has affirmed Azerbaijan’s long-term foreign and local currency issuer default rating (IDR) at ‘BB +’, and changed the outlook on the rating from ‘stable’ to ‘negative’. “Events in the country require a revision of the Fitch sovereign rating for Azerbaijan, set for July 17, 2020,” the agency said in a […]

admin April 16, 2020

President Ilham Aliyev on Thursday signed a decree appointing Elman Rustamov as head of the Central Bank of Azerbaijan. For this position he is appointed for the sixth time. Elman Rustamov has been managing the Central Bank since 1995. On April 9, the Parliament approved him as a member of the Board of the Central […]