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Armenian external debt keeps growing

Armenia's external debt amounted to $5.1 billion as of December 1, 2017,  the country’s national statistical service. In November 2016, Armenia's external debt increased by $62 million, Armenian media reported. …

 Russia starts exporting gas to US

First Russia's liquefied natural gas (LNG) shipment will be delivered to the US in January: Engie's tanker carrying a cargo from the Yamal LNG project in Russia is heading to Boston as freezing weather in the northeast of the US …

Brent oil price hits $68.11

U.S. oil prices hit their highest since 2015 again today as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity. Brent crude futures were at $68.11 a barrel, 0.5 percent above …

Ilham Aliyev opens new terminal at Port of Baku

Azerbaijani President Ilham Aliyev has attended the opening of the RO-RO terminal at the Baku International Sea Trade Port in the Alat township of Qaradag district today. The country's Minister of Economy …

Air Arabia to launch flights to Qabala

Air Arabia, the Sharjah-based carrier, announced it will launch a new route in Azerbaijan, flying to the city of Qabala, with plans to operate three weekly flights to the city from June 27, 2018, Gulf News reported. Air Arabia currently …

What awaits Russian banks in 2018?

Russia's Central Bank announced transition to proportional regulation of the banking system. In other words, in 2018 banks will have to decide whether to increase their capital to 1 billion rubles and work under universal license, …

ANAS to help Azerbaijani-Chinese business cooperation

The High-Tech Park of the Azerbaijan National Academy of Sciences will create a portal that will become a platform for establishing business relations between Chinese and Azerbaijani entrepreneurs, the High-Tech Park said. A marketing …

Results of 2017: Azerbaijan - leader of South Caucasus

In 2017, Azerbaijan reaffirmed its leadership in the South Caucasus region by once again gettion ahead of its Caucasian neighbors both by economic indicators, by scale of international projects and by prospects for further development. …