Floating manat to US dollar rises for 2nd week running|
Baku, Fineko/abc.az. The Central Bank of Azerbaijan, which introduced on 21 December the floating exchange rate with help of the auction, reported that the manat rate to the US dollar has been rising for already the second week consequently.
SOCAR exported no more than 1.8 million tons of oil in January|
Baku, Fineko/abc.az. The SOCAR Marketing & Economic Operations Department announced that Azerbaijani oil export declined by 16.2% in January against December 2015.
Azerbaijan’s deagrarization ended ‘successfully’|
Baku, Fineko/abc.az. Economic modeling, conducted by the various expert groups, has shown differences of Azerbaijan’s economic structures from global trends, where de-industrialization of economies is to the fore.
Premium for Azeri oil over Brent reached $1.63 in January|
Baku, Fineko/abc.az. In January 2015 the trend when the cost of a barrel of the main export grade of Azeri BTC FOB Ceyhan oil exceeded the price of standard grade Brent swept up its historical minimum.
Azerbaijan’s mortgage lending fails to reach even AZN 635,000 in January|
Baku, Fineko/abc.az. The Azerbaijan Mortgage Fund (AMF) under the Central Bank announced the basic figures for January 2016 and reported that last month mortgage lending existed at the level of statistical error.
Oil prices to continue falling, and EU – to overpay for energy products|
Baku, Fineko/abc.az. The global oil prices have gone down, while their fundamental trend has kept on: the EU, despite all attempts to create the Energy Union, will continue overpaying for energy products.
IMF mission gets acquainted with reforms of pension insurance system of Azerbaijan|
Baku, Fineko/abc.az. Chair of the State Social Protection Fund (SSPF), Elman Mehdiyev received the IMF delegation led by Mohammed El-Garci.
Evaluation of return on investment in Azerbaijan|
Baku, Fineko/abc.az. Economic modeling conducted by various expert groups has opened up further imbalances in the economy of Azerbaijan.
Azerbaijan’s water operator Azersu sold 289 million cu m of water in 2015|
Baku, Fineko/abc.az. Gorkhmaz Huseynov, chairman of national water supply operator Azersu, held a meeting dedicated to the results of 2015 and tasks for 2016.
Azerbaijani government awards 3rd IT contest grants to 13 companies|
Baku, Fineko/abc.az. The State IT Development Fund (ITIDF) has awarded grants for the development of IT following the third contest.
Azerbaijan’s head invites tourists from UAE to Azerbaijan|
Baku, Fineko/abc.az. President Ilham Aliyev of Azerbaijan has launched negotiations in Abu Dhabi as part of his official visit to the UAE.
Baku gets in Top 10 of most affordable travel destinations of 2016|
Baku, Fineko/abc.az. Oktogo.ru, a Russian service of online-booking of hotels, has determined the most economical tourist destinations in 2016.
Azerbaijani leader arrives in UAE with an official visit|
Baku, Fineko/abc.az. President Ilham Aliyev of Azerbaijan has started an official visit to the UAE today.
Azercell’s tariff pack GencOl replenished by next innovation|
Baku, Fineko/abc.az. Azercell Telecom has introduced next innovation within GencOl tariff pack.
SOCAR decreases gas extraction in 2015|
Baku, Fineko/abc.az. The State Oil Company of Azerbaijan (SOCAR) has lowered gas extraction for 2015 amid fall of gas production throughout the country.
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