Demand at Central Bank’s deposit auction exceeded supply by 6.3 times

The Central Bank of Azerbaijan (CBA) has held another deposit auction on 6 November.

Nobel Oil Services’ managers attends a series of trainings at ADA University

Group of 35 middle and senior managers of Nobel Oil Services attended ADA University Executive Education’s “Custom Program on Leadership Skills”, which covered “Team Leadership” and “Change Management” modules.

SOCAR Tower building cost $414 million for Azerbaijan’s Oil Company

Turkey’s Tekfen, construction company and contractor on the project of the new building of the State Oil Company of Azerbaijan (SOCAR), has unveiled the cost of the SOCAR Tower building.

111 facilities of state property to be set out for privatization in Azerbaijan

The State Committee for Property Affairs of Azerbaijan has announced the next auction on the privatization of state property.

Tax Ministry’s new building is estimated at $94 million

The construction of the new building of the Ministry of Taxes of Azerbaijan, located on Heydar Aliyev Avenue, will be completed on 31 August 2018.

Azerbaijan extends moratorium on business inspection for next 2 years

Azerbaijani President Ilham Aliyev approved the amendments to the Law on Suspension of Inspection in the sphere of Entrepreneurship.

Cotton growers of Azerbaijan collected 161,416 tons of harvest by 4 November

The cotton harvest season is ongoing in Azerbaijan.

Baku Bus Terminal to start organizing international trips from Baku to cities in Ukraine from November

The Baku International Bus Terminal launches international bus route Baku-Kharkov-Poltava–Kiev.

Euro to manat reached AZN/EUR 1.9739

The Central Bank of Azerbaijan has announced the exchange rate of currencies of Azerbaijan’s key trade partners (EU, Russia, and Turkey).

Elmar Gasimov met with SPE President Darcy Spady

Rector of Baku Higher Oil School (BHOS) Elmar Gasimov met with 2018 President of Society of Petroleum Engineers (SPE) Darcy Spady and SPE Regional Director, Russia and the Caspian Region, Aizhana Jussupbekova.

US dollar rate to Azerbaijani manat to remain at AZN 1.7003 on Monday

The Central Bank of Azerbaijan (CBA) announced the exchange rate of US dollar for Monday.

Azerbaijan Tea Producer & Exporter Association established

The Tea Producer & Exporter Association has been founded in Azerbaijan.

Total assets of Azerbaijan's banking sector brought up to AZN 26.16 bn

The Financial Market Supervision Chamber of Azerbaijan (FIMSA) has published the report on the results of the banking sector as of 30 September 2017.

SOFAZ sold $318 million at currency auctions in October

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

First Baku-Tbilisi-Kars train has arrived in Turkey

The first train, departed from Kazakhstan on railway line Baku-Tbilisi-Kars (BTK) has arrived in Kars, Turkey.