Business
31 October 2005 [14:01]
"Azeri light" oil’s price went up for 1.70 dollars and became 61.30 dollars per barrel on the world market.
31 October 2005 [12:38]
"The new “A-319” airplane brought to Baku on October 29 will be firstly used for flights to Dubai and Kiev," informed the deputy of general director of "AZAL" State Company, chairman of Coordination and Foreign Relations Office Arif Mammadov.
29 October 2005 [18:15]
"The Ministry of Communications and Information Technologies plans to lower tariffs for usage of fiber optical communications that were installed in the Republic within the Trans-Asia-Europe project," informed the Minister of Communication Ali Abbasov.
29 October 2005 [14:59]
The ceremony of the second A-319 airbus commissioning that arrived in Azerbaijan took place at the Heydar Aliyev international airport in Baku on 29 October 2005.
29 October 2005 [11:42]
The general volume of assets of Bank Standard formed 479 milliard 4 million manats during last 9 months. This is 93 milliard 266 million manats or 24 % more in comparison with the same period of the previous year. APA was informed about it from the Bank Standard.
29 October 2005 [11:36]
The auction on secondary placement of T-bills with the state registration number 10601508S will be held in Baku Stock Exchange (BSE) on from 11.00 till 12.30 on November 1, in accordance with the contract signed between the BSE and Finance Ministry.
29 October 2005 [11:34]
"Azercell Telecom" JE concluded a roaming contract with the "Nawras" operator of Oman.
28 October 2005 [23:20]
In late 2005 the shareholders of the project on development of D-222 bloc in the Azerbaijani sector of the Caspian Sea will hold a meeting to discuss the further plan and work schedule informs Trend news agency.
28 October 2005 [22:03]
The members of the CIS Electric Power Council met in Tbilisi, Georgia on Friday, October 28 signing an agreement on common electric power market.
28 October 2005 [21:31]
"VISA International" will implement several projects in Azerbaijan. Among them are implementation of Visa 3-D Secure Authentication technology and phone banking.
28 October 2005 [17:21]
An auction on placement of short-term notes of the National Bank with the 50100511S state registration number was held at the Baku Stock Exchange (BSE) today.
28 October 2005 [16:28]
The next 13 session of Black Sea Economical Cooperation Organization Council of Ministers [BSEC CM] will be held in Chisinau, Moldova tomorrow, October 29. Azeri delegation led by the deputy of the Minister of Foreign Affairs Mahmud Mammadguliyev will also attend the session.
28 October 2005 [13:36]
Press service of "AZAL" state airways informs that the flight will open somewhere in the midst of next month.
28 October 2005 [12:13]
A meeting of chiefs of transportation administrations of Azerbaijan, Georgia and Kazakhstan will be held in Aktau, Kazachstan on Friday, October 5 under the Europe-Caucasus-Asia transport corridor project.
27 October 2005 [21:02]
The hot clashes between Azeri Internet providers continue while the Minister of Communication and Information Technologies tries to bring peace and equilibrium between the rivals.
27 October 2005 [17:57]
Representatives of the AZAL State Airlines left Baku today and are on their way to France where they will receive the second airbus
?-319 manufactured by the Airbus Industries international air concern.
27 October 2005 [13:27]
After moving downward the prices finally start to climb up.
27 October 2005 [12:57]
The BTC construction works are at the final stage. "The oil will flow in Ceyhan late 2005," promise BTC executives.
26 October 2005 [19:01]
The first Caspian International Information Communication Technologies (ICT) Conference will be held in the frame of the 11th International Telecommunication and Information Technologies Exhibition on October 27.
26 October 2005 [14:50]
For the 9 months of the current year the premium of the Azerbaijan’s insurance companies constituted 346,35 billion AZM.
26 October 2005 [13:41]
The first large equipment consignment for the Astara Module Power Station (MPS) arrived in a port of Baku from Finland.
25 October 2005 [19:09]
From 17 to 21 October URAL(EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $53.38 per barrel or dropped $1.70 barrel as compared the last week.
25 October 2005 [17:20]
The price for AZERI LT CIF on 21 October was $57.90 per barrel (dropped $0.29 per barrel as compared to the previous price).
25 October 2005 [14:33]
State Oil Company of Azerbaijan started drilling a new well on the “Govsan” oil field with a designed depth of 3700 meters. About 200 meters have been drilled alreadyby the moment. The daily average drilling speed is 50 meters.
25 October 2005 [14:23]
The “Shah Ismayil” tanker has already reached Baku. It is the third, tanker under a project 19619. Shah Ismayil Khatai was built at the Krasnoye Sormovo shipyard, in the regional city of Nizhniy Novgorod, Russia.
25 October 2005 [13:16]
“The request made to the Cabinet of Ministers by “Bayva Energy” Management Center on canceling its contract has not been replied yet”, said the chief of press and law service of “Bayva” Tahir Alirzayev.
24 October 2005 [18:39]
Internet Service Providers of Azerbaijan, declaring on October 20 a complete blockade of addresses belonging to Azeronline and stopping e-mail exchange with Azeronline, decided temporarily to stop it due to November 6 elections. They also announced an ultimatum to Azeronline promising to continue the blockade if Azeronline does not change its policy.
24 October 2005 [15:29]
“Over the last nine months Azeriqazbank (AGBank) reached considerable increase of financial outputs,” says a press release of the bank. The assets of AGBank grew 69.8 billions manats and comprised 262.7 billions.
24 October 2005 [13:48]
The French government has voiced its readiness to finance a purchase of an equipment for airports in Ganja and Nakhchivan through approval of a loan for purchase of navigation devices.
24 October 2005 [13:45]
Azerbaijan agreed with the proposal of Egypt on opening of new flight between two countries. The aggrement was achieved as a result of repeated meetings of Yusif Ahmad Al-Sharkavi, the Egyptian Ambassador to Azerbaijan, with the head of AZAL Air Lines Company.
24 October 2005 [11:31]
“Azerbaijan soon will turn into a rich country,” Samir Sharifov, the Executive Director of the State Oil Fund of Azerbaijan (SOFAR), said during the meeting of the Consultative Commission of the Extractive Industry Transparency Initiatives (EITI) recently held in Washington.
22 October 2005 [14:54]
Azerbaijan and Kazakhstan are about to sign an agreement on Kazakhstan pumping its oil through the Baku-Tbilisi-Ceyhan pipeline.
22 October 2005 [13:42]
“The expenses envisaged in the public budget for 2006 were increased on some spheres,” said Avaz Alakbarov, the Finance Minister on the Parliament’s Friday meeting.
22 October 2005 [13:33]
The process of installing new electric-meters in apartments and houses of Ganja inhibitants is implemented on 70 percents.
22 October 2005 [00:56]
This information was spread on October 20 in the press release of the Project of Leasing Development in Azerbaijan, implemented by International Finance Corporation (IFC – a group of World Bank)
22 October 2005 [00:27]
20.10.2005. BAKU. XI International Telecommunication and Information Technologies Exhibition will be held in Baku on October 26-29.
22 October 2005 [00:17]
The government of Azerbaijan plans to sign an agreement on Alat-Astara highway project with the International Bank of Reconstruction and Development (IBRD) and the Asian Development Bank in 2005. Azerbaijan plans to bore around $300millions from the World Bank (WB) and $100millions from the ADB.
21 October 2005 [18:33]
Azpetrol rejects incorrect press reports stating that the Company's bank accounts have been frozen.
21 October 2005 [17:04]
Azerbaijan is going to participate in the XI Packaging Industry exhibition that will take place in TUYAP Istanbul Exhibition Center on November 9-13.
21 October 2005 [12:11]
Today general director of the BTC Company and the head of the State Oil Company of Azerbaijan Republic [SOCAR] announced that the BTC Co. will not delay the oil shipment.
20 October 2005 [20:26]
Azerbaijan is going to be represented at "World Travel Market" exhibition in London and "The First Tourist Exhibiton of the Countries of the Organization of Islamic Conference" in Istanbul
20 October 2005 [11:39]
David Woodward, the head of BP-Azerbaijan explains that delay was caused by construction difficulties in Turkey. However BP-Azerbaijan plans to catch up with the schedule.
19 October 2005 [21:10]
Chairman of the State Social Security Fund provides financial forecast at the October 19 session of the Parliament.
19 October 2005 [17:50]
Transparency International published its Corruption Index for the year 2005
19 October 2005 [17:37]
Russian and Azeri businessmen are going to meet in St. Petersburg on November 14-16 and discuss ways of mutual cooperation in tourism sector.
19 October 2005 [15:42]
The President of Azpetrol Company Rafig Aliyev is arrested by the Ministry of National Security
19 October 2005 [10:46]
National Parliament meets on October 18, the Day of National Independence, to discuss the project of a budget for the year 2006
19 October 2005 [01:37]
"Barmek Azerbaijan" deducts debts of the first category consumers and SOCAR from the amount to be paid to Azerenerji JSC
18 October 2005 [21:25]
18 October 2005 [21:02]
In the period January-November Socar will sell less than it did last year in the same period.
18 October 2005 [14:17]
11th Azerbaijan International Exhibition "Construction and Interiors, Heating and Ventilation" opening on October 19 will include new sectors and 180 participant companies.
18 October 2005 [10:07]
Figures provided by Trend news agency show steady growth in the economy
08 October 2005 [13:59]
Press conference dedicated to the results of the international meeting “1st Baku meeting for Eurasian Businessmen’s Union” was held in “Excelsior” hotel yesterday.
08 October 2005 [13:54]
The bill “On the state budget of 2006” was discussed with participation of the Economic policy, Agrarian policy, Science and education, Law policy and state construction questions, Social policy and other commissions of Milli Majlis yesterday.
08 October 2005 [13:50]
The book entitled “The question of pipe. Baku-Tbilisi-Ceyhan and Kazakhstan’s choice in the Caspian Sea” written by Political scientist Ilya Zaslavski was presented in Moscow.
08 October 2005 [12:04]
International conference on “Privatization and its impact on capital markets development” will take place in Baku on 11 October.
05 October 2005 [09:44]
“If the Appellation and Supreme Courts do not satisfy our complaint, the “Garadagh Cement” Open Joint-Stock Company (OJSC) will take the Ministry of Taxes (MT) to the International Court for the purpose of protecting its rights”.
05 October 2005 [09:26]
“There are local pollutions creating a radioactive source in the Apsheron peninsula. However, these local pollutions create low radiation and that is why don’t affect in the general norm”.
05 October 2005 [08:55]
Azerbaijan should not be either hasty or slow at the consultations to join the World Trade Organization (WTO), deputy Foreign Minister of Azerbaijan Mahmud Mammadkuliyev told Trend.
05 October 2005 [08:41]
“There are serious problems in the building sector of Azerbaijan. If a weak earthquake happens in the country, most of newly constructed buildings will tumble down”.
05 October 2005 [08:40]
An action plan on development of tourism in Azerbaijan, developed by the US experts with financial support from the Department of State will be submitted to the President shortly.
05 October 2005 [08:35]
New direct air flight may be opened between Baku and Sofia soon.
29 September 2005 [10:09]
The neighbor country still does not authorize the sailing of Azerbaijan’s ships in the interior waters of Russia.
29 September 2005 [09:49]
Pensions will be increased next year.
29 September 2005 [08:42]
The first party of social insurance certificates to be given to citizens working in Azerbaijan was already brought.
29 September 2005 [08:08]
From January to August 2005, 368336,3 million AZM (over $80 million) were invested in the Nakhchevan Autonomous Republic (NAR), which is for 48,5% more of the same period of 2004. From this amount 311964,4 million AZM (about $68 million) were invested in constructing and mounting works, the growth made up 33,4%.
23 September 2005 [10:06]
The decrease of international humanitarian aid to refugees and internally displaced persons continue parallel with the enrichment of the country.
23 September 2005 [09:21]
The batch of the Azeri Light oil was delivered in the first ten days of September to the Turkish port of Ceyhan from the Georgian Black Sea port Supsa for testing the terminal and filling up the part of the oil pipeline Baku-Tbilisi-Ceyhan.
23 September 2005 [09:11]
The “Huawei” company acting on marketing and analysis researches of the telecommunication market in Azerbaijan since 2001 began installation of the new equipments in “Aztelecom” and Baku Telephone Communication production unions for implementation of application of the new CDMA technologies.
23 September 2005 [08:54]
“Bank of Baku” has begun serving in the frame of the TRAVELEX urgent money transfer international system since September 20.
23 September 2005 [08:43]
(ITAR-TASS) – Azerbaijan is an indisputable leader in CIS for the economic growth pace.
23 September 2005 [08:40]
Delegation composed of Azerbaijani deputies, intellectuals and cultural figures will visit the Turkish Republic of North Cyprus (TRNC) in early October.
23 September 2005 [08:38]
The Open Joint Stock Company (OJSC) Garadagh Cement refuses temporarily from implementation of its investment program.
20 September 2005 [12:07]
The balance profits of 72.9% of enterprises and organizations of Azerbaijan made up 4480.1 bn manats in the first half-year of 2005.
20 September 2005 [11:42]
After studies conducted a number of foreign companies refused from the project on rehabilitation and development of the of the off-shore oil-field “Pirallahi”, which is currently operated by the State Oil Company of Azerbaijan (SOCAR).
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