business in Caucasus

SOCAR intends to invest $ 20 billion in Turkey

Today, Mesut Ilter, the director general of the Azerbaijani oil giant SOCAR’s subsidiary STAR Refinery, reported about the company’s intentions to invest in the Turkish economy up to $ 19.5 billion in the near future. He …

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What will 2018  be remembered for in Azerbaijan?

2018 was the year of stability and execution of global economic projects for Azerbaijan, the deputy of the Milli Mejlis, Asim Mollazade, the deputy director of the Trend international agency Arzu Nagiyev and the economist Rovshan Ibrahimov told …

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Reyhan Jamalova enters BBC 100 Women 2018 list

Azerbaijani native Reyhan Jamalova has been recognized in the BCC 100 Women 2018 list of inspiring and influential women around the world. Ranging in age from 15 to 94, and from more than 60 countries, the BBC 100 …

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Boston to host U.S.-Caspian Innovation Summit

The U.S.-Caspian Innovation Summit will be held in Boston, Massachusetts on November 7. Jointly organized by the Caspian Policy Center, the U.S. Chamber of Commerce and the Embassies of Afghanistan, Azerbaijan, Georgia, Kazakhstan, …

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Baku to host German-Azerbaijani business forum

The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) will organize the German-Azerbaijani Business Forum “Energy and ICT in Azerbaijan” in Baku on October 9 with support of the German Eastern Business Association (Ost-Ausschuss …

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Azerbaijani oil prices increase

The price of the AZERI LT CIF oil amounted to $76.40 per barrel today, an increase of $0.22, novosti.az reported. At the same time, September Brent crude futures fell 25 cents (0.3%) to $74.72 a barrel by 0654 GMT after rising nearly 1% …

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