Category: Business & Finance

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

Read More....

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

Read More....

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

Read More....

Oil prices drop on world markets

Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.24 to trade at $90.22, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.23 to stand at $83.26. Source: AZTERTEC

Read More....