BUSINESS

Associated Press: Ilham Aliyev – custodian of stability

The world-famous and one of the world’s biggest news agencies, Associated Press (AP), has devoted an article to the presidential election held in Azerbaijan on April 11. The article says that the residents of Azerbaijan are likely to vote for the incumbent President Ilham Aliyev […]

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Ilham Aliyev, spouse Mehriban Aliyeva cast vote in presidential election in Azerbaijan

Azerbaijan is holding presidential election today, on April 11. Azerbaijani President Ilham Aliyev together with his spouse Mehriban Aliyeva and family members has arrived at the polling station No. 6, located in the secondary school No. 6 of the Sabail Electoral District No. 29 of […]

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Azerbaijan proposes to hold OPEC+ conference in Baku

Azerbaijan has proposed to hold the OPEC+ conference in Baku, OPEC Secretary General Mohammad Barkindo said at a press conference in Azerbaijan’s capital March 19. Barkindo said that he would like to thank President of Azerbaijan Ilham Aliyev for the generous invitation to OPEC members […]

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Azerbaijan’s insurance market grows

In January-February 2018, Azerbaijani insurance companies collected premiums for 130.2 million manats, which is by 25.4 percent more than the same period last year, according to the report of Azerbaijan’s Financial Market Supervisory Authority (FIMSA) The insurance companies’ payments during the reported period amounted to […]

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EBRD to finance project connecting SGC with Western Europe

The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros loan for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA), said a message from EBRD. BRUA can ensure transmission of gas from the Southern Gas Corridor […]

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Azerbaijan’s Central Bank raises 200M manats at auction

The Central Bank of Azerbaijan (CBA) raised 200 million manats from banks at a deposit auction on Feb. 26, the CBA said in a message. The average interest rate on deposit transactions concluded within the auctions was 8.01 percent. The CBA started to hold deposit […]

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Top official: Armenia’s fascist || leadership must not forget that justice will prevail sooner or later

Armenia’s fascist leadership must not forget that justice will prevail sooner or later, Novruz Mammadov, assistant of the president for foreign policy issues, head of department, tweeted on Feb. 26. ” Each year grows the number of countries that condemn the genocide and the atrocities […]

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New tax policy to be announced in Azerbaijan

Ministry of Taxes of Azerbaijan plans to announce a new state tax policy the next week, the ministry announced on Feb. 5. Entrepreneurs, members of parliament, experts, representatives of state structures and public organizations and others will attend the event. “Future directions of the tax […]

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Azerbaijan’s Finance Ministry to auction manat bonds

An auction for placement of 15 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Jan. 30, the BSE said Jan. 25. Some 150,000 bonds at a par value of 100 manats each and maturity […]

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President of Azerbaijan Ilham Aliyev || has met with President of the Swiss Federation Alain Berset in Davos.

President of Azerbaijan Ilham Aliyev has met with President of the Swiss Federation Alain Berset in Davos. The presidents hailed Azerbaijan-Switzerland bilateral relations in political, economic, energy and culture fields. President Alain Berset said Switzerland regards Azerbaijan as an important partner. The global energy and […]

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