Azerbaijan Central Bank increases interest rate

The Board of the Central Bank of Azerbaijan (CBA) has decided to increase the interest rate, CBA said, APA-Economics reports. The...

Overhaul of the tanker “President Heydar Aliyev” completed

The overhaul of the “President Heydar Aliyev” tanker belonging to the Azerbaijan Caspian Shipping Company (ASCO) has been completed,...

Vessel “Razul Rza” sent to outer waters after the repair works

The repair of the “Razul Rza” dry cargo vessel used in external waters has been completed. The vessel belongs...

Global tourism sector lost $ 460 bln. due to coronavirus in first semester of...

In the first semester of this year, the losses of the worldwide tourism sector made up $ 460 bln., APA-Economics...

Azerbaijan’s trade surplus with EU countries decreases by 40%

In January-August of the current year, the volume of the trade turnover of Azerbaijan with EU countries amounted to...

Trade turnover of Azerbaijan with Turkey nears $ 3 bln.

During January-August of this year, the volume of trade exchange conducted by Azerbaijan with Turkey made up $2,89 bln....

OPEC Sixty Years Later: Reforms Needed to Grow Its Authority

The Intergovernmental Organization of Petroleum Exporting Countries (OPEC), created on September 14, 1960 at the Baghdad Conference by Iraq,...

Azerbaijan’s initiative: Tourism Organization of Turkic-Speaking States to be founded

Tourism Organization of Turkic-Speaking States will be established on Azerbaijan Tourism Association’s initiative and with support of the leading...

U.S. Embassy Presents Report on Investment Climate in Azerbaijan

Turan: The U.S. Embassy has presented a report on the investment climate in Azerbaijan. It says as follows: “The overall...

US Int’l Development Finance Corporation invested in 24 business projects in Azerbaijan

The US International Development Finance Corporation (DFC) has invested around $230 million in Azerbaijan across 24 business projects over...