Economy

As part of the Berlin Energy Transition Dialogue conference, a roundtable has been held on the topic “Azerbaijan – oil, gas and beyond: prospects for a future energy partnership” with the participation of German energy companies, the Ministry of Energy told AZERTAC. Azerbaijan`s Energy Minister Parviz Shahbazov spoke at the roundtable …

Azerbaijan`s Energy Minister Parviz Shahbazov has visited Germany at the invitation of German Federal Minister for Foreign Affairs Annalena Baerbock and Federal Minister for Economic Affairs and Climate Action Robert Habeck. The minister will take part at the 8th Berlin Energy Transition Dialogue conference to be held in Berlin on …

Bezeq Israel Telecom would resume dividend payouts after more than three years as it reported lower fourth-quarter net profit and forecast largely flat earnings for 2022, Trend reports with reference to Reuters. Bezeq, Israel’s largest telecoms group, said it would distribute 50% of semi-annual net profit, starting with a 240 million shekel ($75 …

The expansion of the Southern Gas Corridor linking Azerbaijan with several EU member states is vital to a strategy that sees gas playing an important role in the transition to net zero carbon emissions, Trend reports with reference to an article of the EU Reporter. According to the author of the article, …

The regular elections of the chairman of the board, board members, chairmen and members of the committees and working groups of the Caspian Energy Club started on March 16. Grand CEO Lunch was arranged on the first day of the elections with the participation of representatives from over 20 government …

A virtual conference has been held in order to establish necessary partnerships in connection with the launch of the ECO Clean Energy Center, which was established jointly with the UN Industrial Development Organization (UNIDO) and the Economic Cooperation Organization (ECO) Secretariat. The International Secretariat of the ECO Clean Energy Center …

Tamerlan Taghiyev, executive director of the Center for Analysis and Coordination of the Fourth Industrial Revolution, has stated that Azerbaijan will be provided with 5G internet in the coming years, according to Trend. He noted that the primary goal is to use 5G technology and that the development of the …

Azerbaijan participates in the 9th International Agricultural and Environmental Exhibition 2022, which kicked off in Qatar’s Doha on March 10, the Economy Ministry has reported. Azerbaijani products are showcased under the brand name “Made in Azerbaijani” in the country’s pavilion, with the support of the Economy Ministry and Agency for Small and …

Azerbaijan ranked first among the top exporters of petroleum gases to Georgia in January 2022, local media has reported. During the reported month, Azerbaijan exported $51.4 million worth of petroleum gases and other gaseous hydrocarbons to Georgia, which is by 57.6 percent more compared to the same month in 2021. Exports also …

Azerbaijan`s Foreign Minister Jeyhun Bayramov has met with newly appointed Ambassador of the Republic of Cuba to the country Carlos Valdés de la Concepción. Minister Jeyhun Bayramov congratulated the ambassador on his appointment and wished him success in his future endeavors. Emphasizing the importance of developing friendly relations between Azerbaijan …