Economy
Back to overview Azerbaijan’s Energy Ministry signs offshore wind MoU with IFC
Azerbaijan’s Ministry of Energy has signed a Memorandum of Understanding (MOU) with…
Belarus, Azerbaijan agree to expand economic cooperation
Belarus and Azerbaijan have agreed to move to a new stage of…
Azerbaijan: EU-funded project helps small family businesses to better sell their products
A total of 44 Azerbaijani families running their small family businesses have…
Belarus-Azerbaijan trade in agricultural goods 3.5 times up in last five years
Belarusian Agriculture and Food Minister Ivan Krupko met with Chairman of the…
Moody’s takes rating actions on five banks in Azerbaijan
Moody's today took rating actions on five Azeri banks, namely, International Bank…
Fitch Affirms Azerbaijan’s SOCAR at ‘BB+’; Outlook Negative
Fitch Ratings has affirmed State Oil Company of the Azerbaijan Republic's (SOCAR)…
SOCAR fails in legal bid to block Latvian investigation into secret Malta LNG agreement
A Federal Court in Switzerland has thrown out Azerbaijan’s SOCAR’s attempts to…
Moody’s changes SOCAR’s outlook to positive, affirms ratings
Moody's Investors Service ("Moody's") has today changed to positive from stable the…
Azerbaijan’s import of aluminium wire during 2018-20 reflects the movement of rapid growth followed by a steady fall
In 2020, the economic growth of Azerbaijan took a toll due to…
Moody’s changes outlook on Azerbaijan’s rating to positive from stable
Moody's Investors Service ("Moody's") has today changed the outlook on Azerbaijan's rating…
EBRD offers $29.3m loan to Azerbaijan’s pasta producer Avrora
The European Bank for Reconstruction and Development (EBRD) has agreed to provide…
Turkey, Azerbaijan should target free trade agreement
Existing preferential trade agreement only includes limited number of products, says Turkish…
Ways to step up Belarus-Azerbaijan trade discussed
Deputy Prime Minister of Belarus Igor Petrishenko and Ambassador Extraordinary and Plenipotentiary…
Penetron shows the way to waterproof concrete in Azerbaijan
Positioned on the shores of the Caspian Sea, the aptly named towers…
Pilot EU-funded project in Guba to develop agricultural advisory services
A regional office of the EU-funded ‘Strengthening agricultural advisory services’ project in…
Towards an improved framework for transparency of beneficial ownership in Azerbaijan
The PGGII Project against money laundering and terrorism financing in Azerbaijan continues…
Azerbaijan’s beverages industry witnessed 7.8% volumetric rise in Q4 2020
‘Alcoholic drinks’ was the only sector which saw its volume fall in…
Azerbaijani Neqsol Holding becomes 100% owner of Georgian internet provider Caucasus Online
Azerbaijani Neqsol Holding owned by businessman Nasib Hasanov has become the 100%…
China’s “Belt” trap: what to do to survive?
Azerbaijan also aspires to be part of the "One Belt, One Road"…
BCCI chief calls for enhancing Bahraini-Azeri trade partnership, cooperation
Nass lauded the growing relations between the Kingdom of Bahrain and the…
Turkey and China: Can Azerbaijan be the bridge?
Since shepherding Azerbaijan’s military victory last fall, Turkey has been on a…
Azerbaijan, Equinor mull bilateral cooperation
Azerbaijan and Norway’s Equinor company have discussed the company’s energy projects implemented…
