Adani met Azerbaijan President Ilham Aliyev in Davos last week, according to a statement from the office of the President of Azerbaijan.
Economy4- Page
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are contributing to the development of a circular economy in Azerbaijan.
The Swiss city of Davos hosts the traditional annual World Economic Forum (WEF). This year, the forum, organized under the motto “Cooperation in a fragmented world”, was attended by a record number of participants discussing key issues of global politics and economy.
By the end of 2022 foreign exchange reserves of the Central Bank of Azerbaijan reached $8 bln 995.7 mln, the CBA website reports.
The economy of Azerbaijan, which has recovered after a pandemic recession, has been demonstrating a steady growth of non-oil production for a year and a half amid the rapid increase in revenues from oil and gas exports.
Switzerland’s Davos will host the 53-rd annual World Economic Forum (WEF) from January 16 to 20. 'Cooperation in a Fragmented World' is the main topic of the event.
The trade turnover between Georgia and Azerbaijan in January-November 2022 reached $1.1 billion, 16.8 percent more than in the same period of 2021 ($999.5 million), National Statistics Office of Georgia reports.
In January-November 2022, the portal received export orders for $424.5 million, which is 2.3% less than in the same period last year.
The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) headed the state-owned enterprises involved in export operations in the non-oil sector.
The European Bank for Reconstruction and Development (EBRD) and Ministry of Energy of the Republic of Azerbaijan have signed a Memorandum of Understanding to further develop their cooperation in the development of the power sector in Azerbaijan.
Saudi Arabia and Azerbaijan signed on Monday an agreement to establish a joint business council to increase the volume of trade and investment cooperation.
The European Bank for Reconstruction and Development (EBRD) is boosting supply chain resilience in Azerbaijan through a senior secured loan of up to €5.6 million to existing customer Gemza Group for the construction of
Azerbaijan’s GDP will reach a record 130 billion manat ($76.5 billion) by the end of 2022, President Ilham Aliyev said on Monday.
South Caucasus has become one of the world’s geopolitical hotspots in recent years, and the region has become one of the main transit routes for gas supply to Europe
The decisive victory of Azerbaijan in the second Karabakh war significantly shaped the regional balance of power and forged the Baku-Ankara alliance even more.
Over the last two years, the dominating position in the structure of Azerbaijan's non-oil exports was held unambiguously by industrial products, and against this background, the decreased agricultural exports of certain items remained in the shadow.
The economies of Armenia, Azerbaijan and Georgia are enjoying some of their highest growth rates in years, the European Bank for Reconstruction and Development (EBRD) reports in its latest Regional Economic Prospects (REP) today.
The event, organized by the Swiss-Azerbaijani Chamber of Commerce and Industry with the support of the Small and Medium Business Development Agency (KOBİA) and the Embassy of the Republic of
In New York, after the ministerial meeting of the Organization for Democracy and Economic Development (GUAM), the foreign ministers of Georgia, Ukraine, Azerbaijan, and Moldova signed a protocol on determining
"Israel is among the top ten main trade partners of Azerbaijan. According to the figures of the first seven months of this year, there has been a more than twofold increase in trade turnover," said Minister of Economy of Azerbaijan Mikail Jabbarov at the event on the occasion of the 30th anniversary of the establishment of diplomatic relations between Azerbaijan and Israel.
Ambassador of Azerbaijan Khazar Farhadov on Tuesday said that a delegation of the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO) will visit Pakistan to conduct market research and explore opportunities for promoting trade relations between both the countries.
Azerbaijan exported more than 16,414,905 tons of crude oil and petroleum products worth $12.398 billion in the period from January to July 2022, the State Customs Committee of Azerbaijan reported on Tuesday.
In the period from January to July of this year, Azerbaijan imported 41,362 vehicles of various purposes worth $541.65 million, down 12.7% and up 14.1%, respectively, compared with the same period last year, the State Customs Committee (SCC) reports.
Azerbaijan-based SmilePay has struck deals with two major food retailers in the country to let shoppers buy their groceries using their faces.