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Turkish businessman of Azerbaijan origin – the head of «Palmali» company – Mubariz Mansimov is planning to invest $400 millions into the hotel business in Azerbaijan, reports «Нurriyet» newspaper.
According to Mansimov he is negotiating currently with «Marriott International» on constructions of several modern hotels in Baku and Bodrum.
The scientists of the Institute of Archeology and Ethnography of the National Academy of Science of Azerbaijan took part in the archaeological diggings of the regions of our country according to AzerTac. Notably, the scientists held archaeological...
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"Austria, which will be non-permanent member of the UN Security Council in 2009-2010, is ready to contribute to the resolution of the Karabakh conflict", said secretary general of the Austrian Foreign Ministry Johannes Kirle, according to AzTV...
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"The global economic crisis has damaged the tourism sector as well.Earlier the world tourism flow fixed 6-7% rise, yet in late last year the damage caused by the economic crisis has reduced this indicator to 2-3%.For this reason the world tourism...
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Devaluation of Azerbaijani manat is inevitable and the national currency is expected to drop is price against the dollar by 20% by the summer of this year, said co-chair of the public association of assistance to economic initiatives Rovshan Aghayev,...
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Authorities in Azerbaijan took decision to rename alcohol beverages previously marketed as cognac to brandy. Changes have been introduced to local law on 'Winegrowing and Winemaking'. Changes have been initiated by Azeri producers of this strong...
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