Business
01 May 2007 [09:56]
The British International Exhibition company ITE Group PLC and its exclusive partner in the Caucasus Iteca Caspian LLC will organize the 13th Azerbaijan International Exhibition "Food, Drinks and Packaging" from May 23 to 25.
01 May 2007 [09:52]
Azerbaijan and Belarus Agriculture Ministries will sign two agreements on cooperation in the frame of Belarus President Alexander Lukashenko's visit to Azerbaijan May 2-3.
01 May 2007 [09:37]
Azerbaijan's Education Ministry and INTEL company concluded a memorandum of mutual understanding and intent on the use of telecommunication and information technology in education, Minister Misir Mardanov represented Azerbaijani side and the director of education program on CIS countries Martina Ross represented INTEL in the conclusion of the memorandum.
01 May 2007 [08:56]
10,614 families received targeted social assistance benefits worth AZN 1.367 million in Nakhchivan AR during the first quarter of 2007.
30 April 2007 [22:16]
President Ilham Aliyev has today issued a decree on the development of entrepreneurship.
30 April 2007 [17:01]
"When the Azerbaijan Leasing Development Project (ALDP) was officially launched in 2003 there were 3 leasing companies with AZN 0.9 million portfolio and 38 leasing operations. At present there are 12 active leasing companies out of 25 ones, AZN 80 million and 787 leasing operations," IFC Officer in Azerbaijan, Aliya Azimova, told at the press conference.
30 April 2007 [16:02]
Huseyn Arabul, president of Barmek-Azerbaijan Electricity Distribution LLC will undergo an eye surgery.
30 April 2007 [15:58]
2007 will be a turning point for the State Oil Company of Azerbaijan (SOCAR). The company has unveiled its long-term plans to penetrate abroad.
30 April 2007 [15:55]
Plants and establishments belonging to the company were banned in the middle of last week and inspections started.
30 April 2007 [15:09]
Azerbaijan intends to establish a Transport Academy and a Scientific Research Academy in a few years.
30 April 2007 [14:11]
As of April 1, the assets of State Oil Fund of Azerbaijan (SOFAZ) grew 17.7% from the early year to AZN 1.4918 billion and earnings from asset management totaled to AZN 15.4 million for the first quarter, the Executive Director Shahmar Movsumov told a press conference.
30 April 2007 [13:58]
Trial on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and seven more company officials, who are accused of abuse of power, embezzlement and negligence of court verdicts, started at Court of Grave Crimes.
30 April 2007 [13:54]
India's MMTC and the National Mineral Development Corporation (NMDC) unveiled their plan to develop gold fields in Azerbaijan and Uzbekistan, said the Minister of State for Commerce, Shri Jairam Ramesh.
30 April 2007 [09:27]
Azersun Holding and Azerbaijan Investment Company are considering construction of a new oil terminal in Garadagh, near Baku.
30 April 2007 [09:26]
Azersun Holding and Azerbaijan Investment Company are considering construction of a salt plant.
30 April 2007 [09:25]
Inter RAO UES and AzerEnergy have agreed upon the price and volume of Russia's electricity exports to Azerbaijan up to the end of 2007, the Russian company's press service said.
30 April 2007 [09:24]
Relevant bodies of the region will discuss the transportations tariffs for Black and Caspian Seas.
30 April 2007 [09:23]
Czech financier Viktor Kozeny was released on bail on Friday from the Bahamas prison where he was sent in 2005 to await extradition to the United States, where he is wanted on a long list of corruption charges.
30 April 2007 [09:21]
Turkish Parliament is expected to ratify the agreement on the Baku-Tbilisi-Kars railway project in the nearest future. The process to buy railroad lands from residents in Turkey is under way.
30 April 2007 [09:19]
Istanbul will host 1st Black Sea and 4th Silk Road conference from May 14-16.
30 April 2007 [09:16]
Cold weather in western regions of Azerbaijan has damaged fruit trees. The fruit prices for this year are expected to triple. Especially apricot will be expensive.
28 April 2007 [11:30]
"The Economist" international group publicized the annual rating of countries’ electronic preparation.
28 April 2007 [11:12]
Azerbaijan's MugamBank JSCB has opened its branch in Guba aiming at expansion its activity.
28 April 2007 [11:11]
Two new Karel DS-200 telephone exchanges have been installed in Husenli and Azad-Garagoyunlu villages of Terter region.
28 April 2007 [11:09]
AzeriGas, State Gas Supply Company has cut off supply to 1134 defaulting customers of Baku.
28 April 2007 [10:47]
Rabitabank have started to implement the technical assistance project provided by the International Finance Corporation.
28 April 2007 [10:45]
Press conference was held dedicated to the 2nd International Congress on Caucasus and Central Asia in Globalization Process to be held in Baku from May 2 to 5.
28 April 2007 [10:43]
"There are three important energy regions in the world: Persian Gulf, Russia reserves and the Caspian Sea.
28 April 2007 [10:41]
Azerbaijan's Ministry for Labor and Social Protection are working out proposals to improve the legal framework for regulation of the issues related to economic immigration and illegal aliens.
28 April 2007 [10:40]
During the past five years the employers suffered loss of AZN 434,000 in over 200 work accidents per year. 246 accidents killed 81 people last year.
28 April 2007 [10:34]
On Friday republic seminar was organized in Baku on "Safety and Health at Work" in the frame of April 28 World Day for Safety and Health at Work.
27 April 2007 [16:44]
Malta's FimBank will have fulfilled the 10 November verdict returned by Paris Higher Instance Court in favor of Azerbaijan by May 3.
27 April 2007 [15:48]
Oil export through Baku-Tbilisi-Ceyhan pipeline was restored in Thursday evening after a short while of interruption.
27 April 2007 [15:26]
Insurers operating in Azerbaijan collected a total of AZN 36.8 million in premium during the first quarter of the year, up 29.49% from the same period last year.
27 April 2007 [15:21]
The Confederation of Azerbaijani Labor Unions intends to make a proposal on provision of employees with free dinner.
27 April 2007 [15:15]
Inter RAO EES, a subsidiary of Russia's RAO UES (Unified Energy Systems) and Azerenergy, Azerbaijan's State Electricity Company, have Friday come together in Baku to continue the long-drawn-out price-haggling negotiations after the repeated failure of discussions.
27 April 2007 [13:51]
Ministry for Labor and Social Protection are working out proposals to improve the legal framework for regulation of the issues related to economic immigration and illegal aliens.
27 April 2007 [13:05]
When back in the '90s the international community discovered the Caspian region's enormous hidden wealth, US energy experts were quick to announce the region as the world's third largest in energy resources.
27 April 2007 [09:29]
German Technical Cooperation [officially known as Deutsche Gesellschaft fur Technische Zusammenarbeit (GTZ) GmbH] has delivered a presentation of Phase 2 Private Sector Development Program in Azerbaijan.
27 April 2007 [09:28]
State Statistics committee can join Special Data Dissemination Standard (SDDS) of International Monetary Fund (IMF), chairman of the committee Arif Veliyev has today said in the press conference.
27 April 2007 [09:27]
Russia is going to propose Caspian states to set up a consortium for of a second line of the Volga-Don navigation canal, the country's transport minister said Thursday.
27 April 2007 [09:26]
It is very important to develop tourism in Azerbaijan, this is a new sphere for the country, chief of German Technical Cooperation’s (GTZ) program on development of private sector Michael Gerlich said.
27 April 2007 [09:24]
Technical failure occurred in the Guzanli province of Agdam caused temporary problems in the telecommunication network of the region
27 April 2007 [09:23]
Guram Guramishvili, deputy director of Georgian Railways OJSC has been appointed chief of Coordination Council of Baku-Tbilisi-Kars railway project.
27 April 2007 [09:22]
Azerbaijan's Communication and Information Technologies Minister Ali Abbasov has approved 2007-2008 Action Plan for non-stop communications services in Autumn-Winter.
27 April 2007 [09:08]
The State Oil Company of Azerbaijan has brought a new well in Hovsan oil field.
27 April 2007 [09:05]
Azerbaijan's Ministry for Communications and Information Technologies is planning to invest AZN 29 million in IT sector of the country during 2007.
27 April 2007 [09:01]
Baku will host 33rd meeting of CIS Scientific-Technical Commission on Standardization from May 2 to 5.
27 April 2007 [08:42]
Athens will host seminar for the representatives of Maritime Administrations and institutions of Azerbaijan, Georgia, Ukraine and Kazakhstan in the frame of Maritime training from April 29 to May 5.
27 April 2007 [08:38]
Azerbaijan's State Statistical Committee's Chairman Arif Veliyev held press conference on 1Q overall results.
27 April 2007 [08:33]
The recent prices increase has been caused and encouraged by better living standard in the country. The inflation keeps pace with the increasing earnings, Azerbaijan's State Statistical Committee chair Arif Valiyev told a press conference.
27 April 2007 [08:31]
Economic Researches Center (ERC) organized the presentation of public discussions of conception project on strengthening of municipalities in Azerbaijan.
27 April 2007 [08:30]
Signature designers each win high-profile contracts in the world’s fastest growing economy.
27 April 2007 [08:26]
Azerbaijan's foreign trade with 109 nations bought out a trade deficit worth $217,067,900 during the first quarter.
26 April 2007 [23:48]
Azerigas, State Gas Supply Company has cut off supply to defaulting customers of Kurdekhani, Pirshaghi, Mashtaga, Bilgeh and Nardaran districts of Baku.
26 April 2007 [15:09]
The authorities have started to clear the highway going to the Heydar Aliyev International Airport from communications because of the road reconstruction project.
26 April 2007 [14:43]
Transport Ministry intends to appeal to the Tariff Council, the State Prices Regulator, for reconsideration of Baku-Sumgait bus fares.
26 April 2007 [10:12]
The State Oil Company of Azerbaijan and Palmali Group of Companies are negotiating on transportation of crude oil from Ceyhan Port, the outfall of Baku-Tbilisi-Ceyhan pipeline.
26 April 2007 [10:10]
Bank Standard has completed the lottery choosing a client for Arsenal-Chelsea match, England Premier League.
26 April 2007 [10:08]
In the medium run the European market may feel hungry for Russian oil, said Vahid Alakbarov, the President of Russia's biggest oil producer, LUKoil.
26 April 2007 [09:26]
Azerbaijan Caspian Shipping Company and Russia's Krasnoye Sormovo enterprise will conclude the next agreement.
26 April 2007 [09:23]
Azerbaijani Accounting Chamber (AAC) has approved auditing standards on Analytical procedures.
26 April 2007 [09:20]
The project to upgrade the networking architecture in the National Bank of Azerbaijan on the basis of CISCO provision has been completed.
26 April 2007 [09:19]
Azerbaijan's Ganja Auto Plant will launch assembly of MAZ trucks in a few days.
26 April 2007 [09:17]
Azerbaijani State Committee on Management of Property has hold meeting on 1Q results on privatization and management of state property.
26 April 2007 [09:16]
Sumgait Electricity Networks has cut power supply to some 10,000 defaulting customers since Tuesday.
26 April 2007 [09:15]
On 30 April, UK Bureau Veritas Quality International will conduct audit in AtaLeasing Company on application of Quality Management System that meets ISO 9001:2000 standards.
26 April 2007 [09:14]
Money transfers through Azerdemiryolbank reached $8.24 million equivalent for the first quarter, 2.8 times higher than a year earlier. The earnings from transfers increased more than 3.5 times.
26 April 2007 [09:13]
Director General of KamAz Sergey Koqogin will visit Azerbaijan this year.
26 April 2007 [09:12]
AzerEnergy, State Electricity Company intends to economize on fuel consumption in electricity generation by upgrading the running technology in power plants.
26 April 2007 [08:52]
Azerbaijan Bank Training Center (ABTC) has started to implement CAP- Certified Accountant Practitioner Program for accountants of local finance organizations.
26 April 2007 [08:40]
World Bank's mission on Internally Displaced Persons (IDPs) Economic Development Support Project lead by Ellen Hamilton has visited Galagayn IDPs camp in Sabirabad.
26 April 2007 [08:22]
Jordan's Minister of Energy and Mineral Recourses, Khaled Al-Shreidah met separately on Wednesday with the ambassadors of Azerbaijan to Jordan.
26 April 2007 [08:19]
On April, 24 Azerbaijain Investing Company and South Korean STX Shipbuilding Co. signed the memorandum of understanding due to which it is planned to build a shipyard to produce and repair tankers in Garadag district.
25 April 2007 [22:11]
Russia shows interest to take part in privatization of banks in Azerbaijan, said Yuri Shedrin, Head of Russia's Trade Office in Azerbaijan.
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