Recent Posts

Amount of mutual investments between Azerbaijan and Turkey disclosed

Azerbaijan has invested $14.3 billion in Turkey’s economy, of which $12.8 billion was invested in the oil sector, while $1.5 billion – in the non-oil sector, Trend reports citing acting president of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Yusif Abdullayev as saying. Abdullayev made the remarks at the …

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Azerbaijani oil prices down

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.73 per barrel at the Italian port of Augusta on Dec. 10, or $1.81 less than on Dec. 7, a source in Azerbaijan’s oil and gas market told Trend Dec. …

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Poland hopes for new investment projects with Azerbaijan

By Leman Mammadova Poland hopes for new investment projects with Azerbaijan, Poland’s Ministry of Entrepreneurship and Technology told Trend. The ministry noted that the Poland-Azerbaijan Business Forum is planned to be held in the first half of 2019. “It will accompany the session of the Polish-Azerbaijani economic commission. We hope that …

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AgTech & Green Energy International Forum kicks off in Baku

The first “AgTech and Green Energy international forum” on agrarian technologies and green energy has kicked off in the capital of Azerbaijan, Baku. Co-Organized by the ministries of Agriculture and Energy of Azerbaijan, the Forum is being hosted at ADA University. Vice-president of the Heydar Aliyev Foundation, Goodwill Ambassador of …

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Azerspace-2 to be ready for commercial operation soon

By Narmina Mammadova Azerbaijan’s telecommunications satellite Azerspace-2 will reach its target orbit – 45 degrees east longitude – in January 2019, Azercosmos OJSC told Trend. According to the company, at present the satellite is in the transfer orbit and is approaching the test orbit every day. According to preliminary data, Azerspace-2 …

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President Ilham Aliyev received FIDE president

azerbaijan

President of the Republic of Azerbaijan Ilham Aliyev has received President of the World Chess Federation (FIDE) Arkady Dvorkovich. The head of state congratulated Arkady Dvorkovich on his appointment to the high post of the president of the World Chess Federation, and wished him success in his activities. President Ilham …

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