Tag Archives: economy

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 press conference has been held regarding the TEKNOFEST Azerbaijan Aerospace and Technology Festival, which will be organized by the Ministry of Digital Development and Transport for the first time in Azerbaijan on May 26 – 29. At the press conference, Minister of Digital Development and Transport of the Republic …

The ceremony of awarding the winners of CanSat Azerbaijan 2020 model satellite competition, organized jointly by Azercosmos under the Ministry of Digital Development and Transport and the Ministry of Education, was held. 23 teams from eight universities of the country took part in the competition. The teams consisted mainly of …

As part of the groundbreaking ceremony of the Khizi-Absheron Wind Power Plant with a capacity of 240 MW, a Memorandum of Understanding on cooperation was signed between the Ministry of Energy of Azerbaijan and ACWA Power of the Kingdom of Saudi Arabia in the field of offshore wind energy. Deputy …

OPEC kept crude production steady in April, ahead of a planned revival of supplies scheduled to begin this month, according to Bloomberg. The Organization of Petroleum Exporting Countries pumped an average of 25.27 million barrels a day last month, about 50,000 a day less than in March, according to a …

Food systems need to produce enough safe food for all. To this end, FAO has initiated a three-year project to amplify support for food safety controls in five countries: Azerbaijan, Kyrgyzstan, Republic of Moldova, Tajikistan and Turkey. The project includes regional and national components and was launched at a high-level …

The Caspian Policy Center (CPC) has hosted a panel of experts to discuss the significance of the Southern Gas Corridor (SGC) project, future energy infrastructure developments, decarbonization efforts, and regional integration. “The completion of the SGC comes at an interesting time of changing energy markets and increased focus on addressing …

Azerbaijan, which tripled its economy during the last 15 years and aims to double its economy relying on non-oil sector in the next 10 years, is preparing for a new investment wave that depends on the ability to take advantage of the fourth industrial revolution. According to the World Investment …

Iran-Azerbaijan-Russia trilateral cooperation within the North-South corridor will be researched during the visit of Iranian Foreign Minister Mohammad Javad Zarif to Azerbaijan, The Iranian Embassy in Azerbaijan told Trend. According to the report, Iranian Foreign Minister Mohammad Javad Zarif will pay a visit to the Republic of Azerbaijan on January 24-25, …

Baku and Kyiv can create a working group on economic cooperation and an Azerbaijani-Ukrainian business council within the framework of the intergovernmental commission, Head of Azerbaijan’s Ministry Economy Mikayil Jabbarov said. Jabbarov made the remark at a meeting with the Ambassador of Ukraine to Azerbaijan Vladislav Kanevsky, Trend reports referring …