Azerbaijan

Azerbaijan News

  • CoE Committee of Ministers urges Armenia, Azerbaijan to avoid further escalation 24 Apr 2017 23:18 APA Chair of the Council of Europe Committee of Ministers, Foreign Minister of Cyprus Ioannis Kasoulides has urged Armenia and Azerbaijan to avoid further escalation of the situation.    The CoE Committee of Ministers is in talks with both Azerbaijan and …
  • Azerbaijan to impose heavy fines for prostitution and gambling 24 Apr 2017 23:18 APA Azerbaijan will impose heavy fines for prostitution and gambling along with administrative penalties.   This is reflected in a draft law introducing amendment to Article 244 (maintenance of brothels) and 244-1 (organization and maintenance of a gambling …
  • Azerbaijan spends $859 mln to build a drilling rig 24 Apr 2017 19:58 News.Az Since the construction of a new generation floating drilling rig in Azerbaijan from the State Oil Fund (SOFAZ), this project has been allocated $859.7mln. According to sources in the Oil Fund, in the first quarter of 2017, the project was allocated $66mln …
  • Auction Center created in Azerbaijan 24 Apr 2017 17:35 News.Az The Auction Center has been established in Azerbaijan, where the sale of movable and immovable property of banks will be carried out, President of Azerbaijan Banks Association (ABA) Zakir Nuriyev told Trend. Nuriyev said that the Center will operate under …
  • Industrial zones can be created in two more regions of Azerbaijan 24 Apr 2017 16:35 Azerbaijan Business Center Industrial zones can be created in two more regions of Azerbaijan Baku, Fineko/abc.az. The Ministry of Economy of Azerbaijan is studying the possibility of creating new industrial zones. The Ministry informs that Minister Shahin Mustafayev held a …
  • UAE investments in Azerbaijan near $800M 24 Apr 2017 15:16 News.Az The United Arab Emirates has invested $778.1 million in the Azerbaijani economy so far, Economy Minister Shahin Mustafayev said at the 6th meeting of the Azerbaijan-UAE intergovernmental commission in Dubai. The minister added that Azerbaijan has invested …
  • ADB allocates over $1.3B loan to Azerbaijan in 2016 24 Apr 2017 15:12 APA Of this, $520 million was allocated for expansion of energy network, $75 million for improvement of water supply, $500 million for Shahdeniz, $500 million for support to economic growth in the country.   This amount does not include $500 million allocated …
  • Azerbaijan, Kazakhstan discuss prospects for cooperation in defense industry 24 Apr 2017 15:10 News.Az Azerbaijan and Kazakhstan have discussed prospects for cooperation in the field of defense industry as a delegation led by Kazakh Deputy Minister of Defence and Aerospace Industry Arman Ramazanov visited Azerbaijan`s Ministry of Defense Industry, AzerTag …
  • Master class on anti-crisis management announced in Azerbaijan 24 Apr 2017 14:21 Azerbaijan Business Center Master class on anti-crisis management announced in Azerbaijan Baku, Fineko/abc.az. The Azerbaijan Bank Training Center (ABTC) has announced a master class on anti-crisis management. According to the ABTC, the master class will be delivered by its …
  • 264,297 people enjoyed compulsory health insurance services in Azerbaijan 24 Apr 2017 14:21 Azerbaijan Business Center 264,297 people enjoyed compulsory health insurance services in Azerbaijan Baku, Fineko/abc.az. The State Agency for Compulsory Health Insurance continues realizing the CHI pilot project in the cities of Yevlakh and Mingachevir. Agency’s director Zaur …