For the first time in seven years, the trade turnover between Ukraine and Azerbaijan reached a record high of almost $1 billion, President of Ukraine Volodymyr Zelensky said during a joint statement with President of Azerbaijan Ilham Aliyev following the meeting.
It is hard to overestimate the support provided to Azerbaijan by the European Bank for Reconstruction and Development (EBRD) in the field of economic reforms and modernization of infrastructure.
The price increase that began in the global food market under the influence of the coronavirus pandemic continues. While before the middle of 2021 it affected mainly sugar, dairy products, oil and other foodstuffs, starting from July of 2021 the process quickly accelerated in the grain, especially wheat, market.
Global payments processor Visa has announced it supports the Azerbaijani SMEs businesses through their transition towards a cashless era and the use of financial technologies.
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining has entered into a subscription agreement to acquire 19.9% of Libero Copper & Gold Corporation, it announced on Thursday.
Robert Schmaus, Prüftechnik, and Nazim Huseynov, Holcim, discuss how Holcim’s Azerbaijan Cement facility was able to cut maintenance costs by 96% using a condition monitoring system to track the health of production-critical machinery.
As consumers become more environmentally conscious, businesses have reacted swiftly, matching this new awareness by supplying eco-friendly products and services in abundance.
Officials of Qatar Chamber and Azerbaijan’s Board of SME Business Development Agency held a meeting yesterday to discuss ways to enhance commercial ties between Qatar and the southwestern Asian country.
GemZA Group has been operating since 2005 and has clients in Azerbaijan, eastern Europe, Central Asia, Turkey and the United Arab Emirates.
What is the reason for the population’s and businesses’ growing dollar demand? To what extent is it affected by the depreciation of the national currency in neighboring countries, especially in Turkey? Can devaluation expectations in Azerbaijan lead to an increase in the dollar demand?
On 30 November, the European Union, the United Nations Development Programme (UNDP), and the Ministry of Agriculture of Azerbaijan signed a new project worth €5 million under the ‘EU for Lankaran’ programme to help develop a modern and competitive fruit and vegetable sector in the Lankaran Economic Region.
The mineral-rich district in the south west of Azerbaijan was occupied by Armenia between 1994 and October 2020
Khazar Farhadov said that Azerbaijan has signed agreements with EU and other countries and Pakistan’s close economic cooperation with it would provide Pakistani products easy market access to Central Asia and Europe.
Shahin Mustafaev is a close and old friend of Iran and is interested in deepening relations between the two countries. He knows the axes of economic cooperation between the two countries well and is trusted by Mr. Ilham Aliyev.
More than 1,000 businesspeople, including 500 Turkish investors, will gather in Azerbaijan's capital in November for a global business event.
On October 21, 2021, the Minister of Foreign Affairs of Mongolia B.Battsetseg met online with the Minister of Economy of the Republic of Azerbaijan Mikayil Jabbarov, and signed the Agreement on Trade and Economic Cooperation between the Government of Mongolia and the Government of the Republic of Azerbaijan.
Aim-listed miner Anglo Asian has significantly strengthened its copper position with the rights to three new concessions in Azerbaijan, one of which covers a deposit with more than 300 000 t of copper.
On Sept. 27, 2020, stalemate over Nagorno-Karabakh turned into a military conflict between Azerbaijan and Armenia. For a long time, relations between Armenia and Azerbaijan had been tense over this territory, which is recognized internationally as a part of Azerbaijan but has been occupied by Armenians since 1994.
Backed by the juggernaut of the Chinese state, the "Belt and Road" project has been a hotspot for international investment for over a decade.
Turkey's trade minister on Friday pledged to further develop business relations between Turkey and Azerbaijan.
The ministry added that the role of Turkic business organizations in the restoration and development of Azerbaijan’s Karabakh region, previously liberated from Armenian occupation, will be discussed during the forum.
Under the MoU both parties will co-operate in exploring the possibility of supporting the companies under AIH portfolio for the potential issuance of sukuk.
The cooperation aims at exploring the possibility of Sukuk issuance in order to meet growing demand for AzerGold project financing requirements.
Last month, I became the first Israeli businessman to sign a memorandum of understanding with the Azerbaijan Investment Company, the sovereign investment arm of the Azeri government, on the historic occasion of the opening of the Azerbaijan Trade and Tourism Office in Tel Aviv.