Economy

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Silk Way Airlines makes first cargo flight from Baku to Djibouti

Silk Way Airlines makes first cargo flight from Baku to Djibouti

Silk Way Airlines has carried out the first cargo flight from Baku to Djibouti that served for the beginning of realization of a large program on regular weekly flights between the two countries, abc.az reports. The airline reports that …

Russia - US: Is there economic interest?

Russia - US: Is there economic interest?

Видео

There are zones of cooperation that have not yet been affected by either sanctions or political complexities

Support of small and medium-sized businesses in NCFD discussed in Moscow

Support of small and medium-sized businesses in NCFD discussed in Moscow

Today, a meeting, chaired by the Deputy Plenipotentiary Representative of the President of the Russian Federation in the North Caucasus Federal District, Oleg Fadeev, was held in Moscow with the participation of the Deputy …

IMF predicts 3% economic growth in Armenia for 2017

IMF predicts 3% economic growth in Armenia for 2017

The International Monetary Fund (IMF) expects Armenia's gross domestic product to grow by 3% and annual inflation to reach 2% in 2017, the IMF mission chief, Hossein Samiei, said. "Foreign capital …

Bank of Russia#039s First Deputy Governor on ruble appreciation

Bank of Russia's First Deputy Governor on ruble appreciation

The first-quarter ruble appreciation was mainly caused by foreign trade revenue inflows, Bank of Russia's First Deputy Governor Ksenia Yudaeva said. "That is why the first-quarter ruble appreciation was mainly …

Russian Export Center#039s trading house to be opened in Azerbaijan

Russian Export Center's trading house to be opened in Azerbaijan

The Russian Export Center plans to open a trading house in Azerbaijan - the first in the South Caucasus, the managing director for business development and underwriting at the Russian Agency for Export Credit and Investment Insurance (EXIAR), …

Will Trump bring US dollar down?

Will Trump bring US dollar down?

US President President Donald Trump believes the US dollar “is getting too strong” and he would prefer the Federal Reserve keep interest rates low. Trump, in an interview with The Wall Street Journal, said …

Bank of Russia warns of oil declining to $40-45 per barrel

Bank of Russia warns of oil declining to $40-45 per barrel

Short-term global oil prices could decline to $40-45 per barrel, Bank of Russia's First Deputy Governor Ksenia Yudaeva said. She recalled that the six-month agreement between major oil producers has balanced the …

IMF allocates $285.3 million to Georgia for reforms

IMF allocates $285.3 million to Georgia for reforms

Georgia will get $285.3 million in the next three years from the International Monetary Fund (IMF) to carry out a package of economic reforms in the country. "The IMF Executive Board approved a three-year extended arrangement under …

Stock market hits session lows after Tillerson-Lavrov news conference

Stock market hits session lows after Tillerson-Lavrov news conference

U.S. stocks fell to session lows

Presentation of Gazprombank held in Baku

Presentation of Gazprombank held in Baku

A presentation of Gazprombank (GPB) was held in Baku today, the First Vice-President of GPB, Alexander Kaznacheyev, presented the opportunities of the Russian oil and gas giant Gazprom's bank in Azerbaijan, the …

Putin, Lavrov, Tillerson meeting strengthened ruble

Putin, Lavrov, Tillerson meeting strengthened ruble

Russian national currency began to strengthen against the dollar and the euro after the meeting of President Vladimir Putin with US Secretary of State Rex Tillerson and Russian Foreign Minister Sergey …

Georgia-India sign first air services agreement

Georgia-India sign first air services agreement

Georgia and India are establishing air connectivity to foster greater trade, investment, tourism and cultural exchange between the two countries. Georgia’s Economy Minister Giorgi Gakharia and India’s …

Kazakh Ambassador becomes head of WTO Trade Committee

Kazakh Ambassador becomes head of WTO Trade Committee

Zhanar Aitzhanova, Kazakhstan's Ambassador to Switzerland, permanent representative of the republic at the UN Office in Geneva, became the head of the World Trade Organization (WTO) Committee on Trade and Environment, the …

Jamil Melikov: Azerbaijan is ready for export of alternative energy

Jamil Melikov: "Azerbaijan is ready for export of alternative energy"

Deputy director of the State Agency for Alternative and Renewable Sources of Energy on Azerbaijan's prospects in the field of export of alternative energy to the world market

Ziyad Samedzade: strong Russian-Azerbaijani ties strengthen peace in region

Ziyad Samedzade: strong Russian-Azerbaijani ties strengthen peace in region

Friendly relations between Russia and Azerbaijan not only meet the interests of Moscow and Baku, but also contribute to the consolidation of peace in the region, the chairman of the Parliamentary Committee for Economic Policy, Industry and …

China markets now account for much larger share of the world#039s total

China markets now account for much larger share of the world's total

The center of economic and market gravity has long been shifting toward the East

Developing Tourism Is a Priority in Azerbaijan

Developing Tourism Is a Priority in Azerbaijan

Azerbaijan placed among the most improved economies in 2017

Russia needs to be more competitive in arms market

Russia needs to be more competitive in arms market

Видео

Military equipment market in most countries of the world is a buyer's market, not a seller's one

European Commission to support energy development of Azerbaijan

European Commission to support energy development of Azerbaijan

European Commission is ready to support Azerbaijan in further development of the energy sector, the EU Commissioner for Energy Maros Sefcovic said in a video message to the participants of the 4th Caspian Energy Forum in …