Baku 2017 Islamic Solidarity Games has announced that Nestle Azerbaijan will be the official supplier of the 4th Islamic Solidarity Games to be held between 12-22 May in Baku. As a part of this agreement Nestle, the world’s largest food and beverage company, will provide athletes and officials with their …
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Azerbaijan`s mobile internet use exceeds global indicators
The number of Azerbaijani internet users who are going online via mobile phone data connections has reached 57.49 per cent in the first quarter of this year, which is 7.41 per cent more than in 2016. This exceeds the global mobile internet usage figure, which is 55.05 per cent. The …
Read More »31 March – Day of Genocide of Azerbaijanis
Today is the Day of Genocide of Azerbaijanis. Report informs that 99 years have passed since the genocide. Thus, Baku Soviet and Armenian Dashnak Armed Forces committed genocide against the Azerbaijanis in Baku and the regions of Baku province, as well as in Shamakhi, Guba, Lankaran, Hajigabul, Salyan, Zangezur, Karabakh, …
Read More »Star Ambassador of Baku-2017 Islamic Games performed “Hello Baku- Anthem of Volunteers” together with volunteers
Baku-2017 Games volunteers and star ambassador of the Games Tunzala Aghayeva performed “Hello Baku- Anthem of Volunteers” together. Lyrics of “Hello Baku- Anthem of Volunteers” were written by Director of Baku-2017 Games Operating Committee Elchin Safarov and music was written by Star Ambassador Tunzala Aghayeva; it is the first song …
Read More »Azerbaijan – vivid example of multicultural humanistic values and traditions in the Caucasus
he restoration of independence allowed the Azerbaijan Republic to confidently develop along the path of building a democratic, sovereign, law-governed and secular state. Both throughout its long history and at present, Azerbaijan has been striving to maintain good neighborly relations with all states and give a new impetus to intercultural …
Read More »BP presents 2016 year-end results in Azerbaijan
BP, the largest foreign investor in Azerbaijan’s oil and gas sector, revealed its 2016 year-end results. BP Azerbaijan, which is the operator of the block of Azeri-Chirag-Gunashli offshore oil and gas fields, as well as Shah Deniz gas and condensate field, reported that ACG continued to safely and reliably deliver …
Read More »Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union?
Introduction In 2015 Azerbaijan has experienced substantial economic difficulties due to its dependence on oil exports and the drop of the oil prices, which eventually forced the Azerbaijani govermenment to devaluate its national currency. The fall in oil prices is essentially influencing the incomes and venture prospects, thus taking a toll on the …
Read More »Falling Oil Prices and Its Implications for Azerbaijan’s Gas Policy
On February 23, Azerbaijan’s parliament adopted amendments to the state budget to adjust down expected budget revenues based on oil price estimates of as low as $25 per barrel (Azernews.az, February 23). Initially, the State Budget for 2016 projected oil at $50–55/barrel (Trend, September 14, 2015). On January 10, …
Read More »DREAMS ARE COMING TRUE IN AZERBAIJAN
The ancient land of Azerbaijan is steeped in history and folklore and discovering the country’s superstitions can be a lot of fun. To get you started Visions has explored several sites where locals and travellers are welcome to come and make their dreams come true… The Church of Kish It’s …
Read More »SELF-INDUCED LOSSES
Insurance companies are trying not to raise their charges despite an increase in costs caused by devaluation The fall in oil prices and the reduction in the exchange rate have impacted on virtually all areas of Azerbaijan’s financial sector. However, even in such difficult circumstances, the insurance market has generally …
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