Energy drinks almost double in price in Azerbaijan

The new amendments have come into effect and caused growth of prices for energy drinks in Azerbaijan

AZAL to launch direct flights from Baku to Almaty from April

AZAL is to launch its regular flights via route Baku-Almaty-Baku from 2 April.

About 600 state property facilities privatized in Azerbaijan in 2018

The State Committee on Property Issues of Azerbaijan has held the first auction on privatization of state property in 2019

Azerbaijan gets Top 10 of countries on car export from Russia

26,000 cars were exported from the Russian Federation to other countries for 11 months of 2018, analytical agency AUTOSTAT report says

Weighted average rate not changed following currency auction

The Central Bank of Azerbaijan has held another currency auction

Board of only reinsurer AzRe Tekrarsigorta has undergone changes

Fuad Guliyev has been appointed the chairman of the Board of Directors of reinsurance company AzRe Tekrarsigorta

AmCham awards AzSigorta’s chair for his work over White Paper 2018

Anar Talibov, the chairman of board of AzSigorta, has received a special award of the American Chamber of Commerce in Azerbaijan for his contribution to the preparation of White Paper 2018

Amazon surpasses Microsoft and becomes world’s most valuable company

On 7 January 2019 Amazon has become the most expensive company in the world, beating the cost of Microsoft

A bus route from Baku to Nakhchivan to be organized from 11 January

The Baku International Bus Terminal is to organize bus route Baku-Nakhchivan-Baku starting from 11 January

WB head declares his early retirement

The World Bank’s president is likely to leave his post early

MasterCard to remove its name from logo

Payment system MasterCard has made a decision to change its logo, removing from it the name of the Company

President Ilham Aliyev funds AZN 13 million for construction of a road

The Azerbaijani leader has signed a decree on further construction of road Susay-Khinalig

Azerbaijan’s Oil Fund sold currency almost for $6.5 bn

The State Oil Fund of Azerbaijan (SOFAZ) keeps transparency of its foreign currency sales in the local market.

Prices for oil grow

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.42

Manat declines to euro and ruble

The Central Bank of Azerbaijan (CBA) has announced the exchange rate of the Azerbaijani manat to foreign currencies