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START.UP! GERMANY PITCH EVENT

... T.UP! GERMANY PITCH EVENT 11 August 2022, 6 pm Dear start-up community, in partnership with the German Trade Association in Georgia (DWV) and the German Embassy in Baku, the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) provides Georgian and Azerbaijani start-ups with an attractive and unique Start-up program ...

UNEC team wins the "2022 Enactus Azerbaijan" national competition!

... "2022 Enactus Azerbaijan" national competition has been successfully completed. At the final stage of the "Enactus Azerbaijan" national competition, the "Enactus" teams of UNEC, BSU, SSU, BHOS, Nakhchivan State University and Baku Engineering University presented their projects throughout the day and answered the qu ...

Kapital Bank has released financial results for the second quarter of 2022

... 245 million manats. Kapital Bank has ratings from such international rating agencies as Moody’s and Standard & Poor’s. These ratings are among the highest in the banking sector of Azerbaijan. Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 1 ...

Energy dialogue between Azerbaijan and EU continues

... Minister of Energy Parviz Shahbazov met with Kadri Simson, European Commissioner for Energy, who is on a visit to Azerbaijan. At the meeting, it was emphasized that the "Memorandum of Understanding on strategic partnership in the field of energy between the European Union represented by the European Commission and the Republic of Azerbaijan&qu ...

Sahiba Gafarova Meets Vice President of Bundestag

... hat the bilateral diplomatic relations had been established thirty years ago and that reciprocal high-status visits and conversations held during them were immensely important for the progress of the Azerbaijani-German connexions. The roles of the parliaments in the system of inter-state relationship was emphasised then and the work done by both ...

Daily crude oil production amounted to 523.5 thousand barrels in June

... In June 2022, daily oil production (including condensate) in Azerbaijan amounted to 632.4 thousand barrels, including 523.5 thousand barrels' crude oil and 108.9 thousand barrels' condensate. It should be noted that the agreement reached at the 28th Ministerial Meeting of Opec and non-OPEC states envisages an increase in daily crude oil ...

VTB (Azerbaijan) lowered interest rates on cash loans

... VTB (Azerbaijan) has improved conditions for cash loans and refinancing. The minimum rate was reduced by 0.51 p.p. and now is 13.99% per annum. Over the last quarter, this is the second improvement in conditions for VTB loans. A cash loan in VTB (Azerbaijan) is available in the amount of 300 to 30 000 manats, for a period of six months to 60 mon ...

Passenger Traffic at Azerbaijani Airports is Approaching Pre-Pandemic Levels

... Since the beginning of this year, the total passenger traffic of Azerbaijan's international airports has exceeded 2 million people. Only in June this year, 530,000 passengers were served at the airports, which is 96% of the pre-pandemic 2019 levels. The base air carriers of the Baku airport – AZAL and Buta Airways - have carried 618 ...

Chair of Milli Majlis Sahiba Gafarova Held Several Meetings on Official Visit to the UK

... ring her official visit to the United Kingdom, Chair of the Milli Majlis Sahiba Gafarova has had a meeting with MP Bob Blackman of the House of Commons who chairs the All-Party Parliamentary Group on Azerbaijan as well as the Group’s members. Sahiba Gafarova spoke of the successful advance of the relations between our countries and recalle ...

Sahiba Gafarova Meets Lord Speaker of the House of Lords

... of the Milli Majlis Sahiba Gafarova met Lord Speaker of the House of Lords John McFall as part of her official visit to the United Kingdom on 12 July. Lord Speaker McFall greeted the leader of the Azerbaijani parliament cordially, expressed his pleasure with the progress of our inter-state and inter-parliamentary relations and said he was confid ...

Sahiba Gafarova Meets Speaker of the House of Commons on Her Official Visit to United Kingdom

... Hoyle on 12 July as part of her current official visit to the United Kingdom. The flag of our country was hoisted in front of the Houses of Parliament in honour of the arrival of the leader of the Azerbaijani parliament. Welcoming the Chair of the Milli Majlis, the Speaker of the House of Commons mentioned the great weight the UK attached to ...

Chair of Milli Majlis Sahiba Gafarova Arrives in the UK on an Official Visit

... Majlis Sahiba Gafarova at their head arrived in the United Kingdom of Great Britain and Northern Ireland on an official visit on 11 July. They were welcomed at the Heathrow Airport, London by the Azerbaijani ambassador to the UK Elin Suleymanov and other officials. It should be mentioned that the delegation includes, amongst all others, the ...

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