As part of the celebrations of the “Azadi Ka Amrit Mahotsav” on completion of 75 years of India’s Independence, the Embassy of India in Baku organized an event on September 22, to commemorate the Indian Technical & Economic Cooperation (ITEC) Day 2022. The event was attended by the officials of the Ministry of Foreign Affairs […]
International Astronautical Federation`s flag presented to Azerbaijan
The 73rd International Astronautical Congress (IAC), hosted by France, has today ended. The event, organized under the motto “Space for All”, was attended by more than 9,300 delegates from 110 countries. At the closing ceremony, Sameddin Asadov, chairman of the Board of Azercosmos, made a presentation on the 74th International Astronautical Congress which will be […]
Azerbaijan’s exports to CIS countries decline in 8 months of 2022
Exports from Azerbaijan to CIS countries declined in January-August of this year, according to the State Customs Committee. Official figures suggest that Azerbaijan exported goods worth $1.58.873 billion to CIS countries in the first eight months of 2022, which is $4.95 million less than in the same period of 2021. According to the committee, imports […]
Finances allocated to fixed capital in non-oil-gas sector increased by 22.5%
“In the 8 months of this year, the volume of the finances allocated to the fixed capital in the non-oil-gas sector increased by 22.5%, compared to the corresponding period of the last year,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter. “This is an important indicator for the sustainable economic growth and business activity. […]
AZAL confirms consistently high status from Skytrax
“AZAL” and the country’s first low-cost carrier “Buta Airways” won in the nominations of “Best Regional Airline in Central Asia and the CIS” and “Best Low-Cost Airline in Central Asia and the CIS” at the Skytrax 2022 World Airline Awards, press service of “Azerbaijan Airlines” CJSC told AZERTAC. The solemn Skytrax Award ceremony has taken place […]
Russia was Azerbaijan’s top import market in January-August 2022
Russia was Azerbaijan’s top import market in January-August of this year, according to the State Customs Committee. Official statistics suggests that Russia, Turkey and China were the largest import destinations of Azerbaijan in the first eight months of 2022. The volume of import from Russia made $1.653.7 billion, while it amounted to $1.425 billion from […]
Azerbaijan imports 7,423 types of products in eight months
Azerbaijan has imported 7,423 types of products in January-August, 2022. According to the State Customs Committee, the value of import operations in Azerbaijan amounted to $8 billion 868.4 million dollars in eight months. Source: AZTERTEC
Minister: Interest subsidies of 65.9 mln. ₼ allocated to entrepreneurs for 5,005 loans
“As of September 1, 2022, under the interest subsidization mechanism for existing loans, decisions were made on granting interest subsidies of 69.4 mln. ₼ to 5,023 applications with a loan balance of 850.3 mln. ₼,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter. “So far, interest subsidies of 65.9 mln. ₼ were allocated to […]
Azerbaijan, Switzerland discuss expansion of business ties
Chairman of the Board of Small and Medium Business Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with Managing Director of Switzerland-Eastern Europe, Central Asia, South Caucasus Joint Chamber of Commerce (JCC) Dorit Sallis. The sides exchanged views on joint initiatives to enhance cooperation between the two countries’ business circles. Source: AZTERTEC
Nar has special offer for each customer
Understanding the needs of each customer, Nar designs its offers and products based on the needs of subscribers. Nar has a special offer for customers who prefer more call service or spend most of their time on the Internet, or want to get both in one package. Subscribers who use call services more during the […]
Azeri Light crude sells for more than $85
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0,74 to trade at $85,15. Source: AZERTAC, Azerbaijan State News Agency
Bakcell introduces journalists to latest trends and innovations in mobile telecommunications
Bakcell organized yet another two-day seminar for journalists. The main purpose of the traditional seminar, organized annually by Bakcell, is to educate local media representatives in such areas as the basics and the latest trends in mobile telecommunications, modern technologies and innovations. The seminar helps to raise awareness in the field of mobile telecommunications, as […]
Azerbaijan is represented by Teknofest with 11 startups
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 […]
The producer price index for crop products was 100.5 percent
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 […]
Kazakhstan plans to resume flights to Azerbaijan
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. […]