Economy news 21:16
Officials from Azerbaijan and Iran reviewed the implementation of a project to construct the Khudaferin and Giz Galasi hydroelectric facilities on the Araz River on the Iranian side
Chairman of the Presidency of Bosnia and Herzegovina Mladen Ivanic will visit Baku to participate in the Fifth Global Baku Forum, the Azerbaijani State Committee for Work with Diaspora said in a message Feb. 24.
Azerbaijan’s state oil company SOCAR will additionally produce 62.05 million cubic meters of gas and 730 tons of condensate annually as it has commissioned a new well on the Gunashli offshore field, SOCAR said in a message Feb. 24.
Baku hosted discussions on funding the Southern Gas Corridor (SGC)
Petronas Carigali, subsidiary of Petronas, the Malaysian national petroleum company, has announced a tender for rendering ground transportation management services in Turkmenistan.
Economy news 20:12
Azerbaijan’s Financial Market Supervisory Authority (FIMSA) is holding talks with international financial institutions (IFIs) for foreign financial institutions to release bonds in Azerbaijani manats, Angela Prigozhina, the World Bank senior financial sector specialist, told Trend.
Azerbaijani President Ilham Aliyev congratulated prime minister of the State of Kuwait, Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah Feb. 24.
The Uzbek-Korean joint venture Uz-Kor Gas Chemical, which operates the construction of Ustyurt Gas Chemical Complex, announced a tender for supply of consumables for office equipment.
President of CJSC Azerbaijan Airlines (AZAL) Jahangir Asgarov received the delegation headed by Minister of Foreign Affairs and International Cooperation of Djibouti, Mahmoud Ali Youssouf on February 24.
Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.7475 AZN/USD for Feb. 27, the Central Bank of Azerbaijan (CBA) said Feb. 24.
Nagorno-Karabakh conflict 18:20
Azerbaijan will once again raise in UNESCO the issue of violation of international law by foreign nationals engaged in illegal archaeological activity in Azerbaijan’s territories occupied by Armenia
Participants of the Southern Gas Corridor Advisory Council’s Third Ministerial Meeting signed a joint declaration in Baku, the Azerbaijani Energy Ministry said in a message Feb. 24.
Azercell Telecom, the only mobile operator distributing iPhone 7 and iPhone 7 Plus smartphones in Azerbaijan, has launched a new “iPhone” campaign on February 24, 2017.
On Feb. 23, Baku hosted the third ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council.
Iran’s Foreign Minister Mohammad Javad Zarif has invited the governments of neighboring countries to join hands and fight the dust storms that has made life difficult for people in the region, including in southwestern Iran
The Southern Gas Corridor project will make Azerbaijan the energy security partner of Europe.
The West continues to ignore one of the heinous crimes of the twentieth century - the Khojaly genocide, Turkish Deputy Prime Minister Numan Kurtulmus tweeted Feb. 24.
Nagorno-Karabakh conflict 16:07
Azerbaijani army detected an Armenian sabotage group trying to carry out provocation near the Talish and Gulustan villages
Economy news 15:48
New hydro power plant with a capacity of 24.9 MW will be built on Turgusun river in the East Kazakhstan region
OPEC and non-OPEC producers have achieved a conformity level of 86 percent.
Nagorno-Karabakh conflict 15:23
Azerbaijan’s Foreign Minister Elmar Mammadyarov says he intends to discuss the Nagorno-Karabakh conflict’s settlement during an official visit to Moscow in March.
The implementation of the Southern Gas Corridor project will increase Azerbaijan’s regional position.
A bill on the Khojaly genocide has been adopted at the spring plenary session of the Azerbaijani Parliament
Nagorno-Karabakh conflict 14:57
Arizona State House of Representatives passed a proclamation on February 23, 2017 recognizing and condemning the Khojaly Genocide, which was committed by Armenia’s army against Azerbaijani civilians in 1992 fleeing the town of Khojaly in Azerbaijan’s Nagorno-Karabakh region.
Economy news 14:55
World oil prices are declining Feb.24 after the report about the growing volume of US crude inventories over the last week.
Relations between Azerbaijan and Djibouti have been in the process of development for many years.
Economy news 14:17
Demand for Azerbaijani products in the world has increased after creation of the www.azexport.az portal, which presents information about the Azerbaijani-made products, Vusal Gasimli, director of the Center for Analysis of Economic Reforms and Communications, said at a briefing in Baku Feb. 24.
Azerbaijan is making a huge contribution to Islamic solidarity, and declaration of 2017 as the Year of Islamic Solidarity in Azerbaijan is a vivid proof of that.
The Southern Gas Corridor, which is to supply Azerbaijani gas to Europe, will in short term increase the energy security of Southeastern Europe, Marco Giuli, an energy issues analyst at the Brussels-based European Policy Center, believes.
The British Council in collaboration with ASAN Radio and Yarat Contemporary Art Space is holding a two-day music forum in Baku.
The international ratings agency Fitch Ratings has affirmed Long-Term Issuer Default Rating (IDR) of Azerbaijan’s state oil company SOCAR at ‘BB+’, Short-Term IDR at ‘B’ and senior unsecured rating at ‘BB+’.
A video footage dedicated to the Khojaly genocide will be shown on the flights of the Azerbaijan Airlines (AZAL) on the day of the 25th anniversary of this bloody massacre on February 26.
“Azpetrol Ltd” LLC has become a partner of the 4th International Caspian Energy Forum-2017, which will take place in Baku on April 12, 2017.
A commemoration meeting dedicated to 25th anniversary of the Khojaly massacre was held at Baku Higher Oil School (BHOS).
Economy news 12:34
Kazakhstan imported 31.1 tons of jewelries worth $31.1 million in 2016
Membership in the European Parliament does not give anyone the right to violate laws of another country, the rules and principles of international law, and does not give anyone immunity, said the Azerbaijani Foreign Ministry’s Spokesman Hikmat Hajiyev.
President of the Republic of Ilham Aliyev has signed a decree on additional measures for the strengthening of Azerbaijan’s position as a Digital Trade Hub and the expansion of foreign trade operations.
Nagorno-Karabakh conflict 11:19
Over the past 24 hours, Armenia’s armed forces have 70 times violated the ceasefire in various directions along the line of contact between Azerbaijani and Armenian troops
The Southern Gas Corridor (SGC) project will significantly strengthen ties between Azerbaijan and Europe.
Montenegro has received a 2.5 million euro grant for the preparation of project documentation of the Ionian Adriatic Pipeline (IAP) from the Western Balkans Investment Framework (WBIF).
Economy news 11:12
The World Bank (WB) and Azerbaijan’s Financial Market Supervisory Authority (FIMSA) start the implementation of second phase of the project on financial sector’s modernization.
President of the Republic of Azerbaijan Ilham Aliyev has today received a delegation led by Minister for Foreign Affairs and International Cooperation of the Republic of Djibouti Mahamoud Ali Youssouf.
Iran has completed construction of the F18 platform to be launched at the Foroozan field, jointly owned with Saudi Arabia
Economy news 09:44
Official exchange rate of the US dollar and euro to Azerbaijani manat for Feb. 24 was set at 1.7475 manats and 1.8490 manats, respectively
Economy news 08:13
Iran’s giant automaker Iran Khodro plans to open four more car plants in Azerbaijan
Other News 07:19
US President Donald Trump is pleased with the outcomes of the meetings of US Secretary of State Rex Tillerson and Joint Chiefs of Staff Chair Gen. Joseph Dunford with their respective Russian counterparts
Other News 06:12
Fifteen servicemen died and 19 others were injured in an attack in the west of Niger
Other News 04:34
The landing gear of a FlyBe Group airplane collapsed during landing at Amsterdam's Schiphol on Thursday, causing it to veer off the runway
Other News 03:33
European Commission President Jean-Claude Juncker said on Thursday that the EU should make it easier for some member states to deepen their integration in some areas without the whole bloc following suit
Other News 02:19
President Donald Trump said on Thursday he wants to build up the U.S. nuclear arsenal to ensure it is at the "top of the pack," saying the United States has fallen behind in its atomic weapons capacity
Other News 01:36
UN Special Envoy for Syria Staffan de Mistura said Thursday he would hold bilateral meetings with participants to intra-Syrian talks in Geneva on Friday to decide on work plan for the talks