Business
12 April 2007 [11:04]
Azerbaijan Foreign Minister Elmar Mammadyarov on Wednesday conferred with Deputy Chairman of Damascus Chamber of Commerce Chassan al-Qalla on bilateral cooperation and means of developing and activating it, particularly in economy and trade.
12 April 2007 [10:59]
First Deputy Prime Minister Sergei Ivanov on Wednesday praised the imminent opening of a ferry route that will open up transportation links between Russia and Armenia.
12 April 2007 [10:57]
In keeping with its energy diversification strategy, Kazakshtan is taking steps to bolster its oil export capacity to the West via the Caspian Sea.
12 April 2007 [09:08]
Istanbul will host international Caspian Telecoms-2007 exhibition from April 12 to 13.
12 April 2007 [09:03]
Baku-Delhi-Baku direct flight will be restored soon.
12 April 2007 [09:02]
New power station is planned to be constructed in Fuzuli in the power of 20MVt.
12 April 2007 [09:00]
Conference was held on "Special economic zones: formalization and development aspects" in Baku.
12 April 2007 [08:57]
India offered Azerbaijan to establish joint venture in oil and gas sector, visiting Indian Minister of State for Commerce, Shri Jairam Ramesh said in Baku.
12 April 2007 [08:54]
Turkish mission met with Azerbaijani businessmen in the frame of their business visit to Azerbaijan.
12 April 2007 [08:53]
Azerbaijan shows great interest in cooperation with Indian companies in development ICT sector, said the country’s economic development minister Heydar Babayev.
12 April 2007 [07:49]
Azerbaijan's Taxes Ministry has studied taxation policy of the developed countries in order to apply before-tested favorable taxes on the free economic zones to be created in Azerbaijan.
12 April 2007 [07:46]
Paris Court has passed a decision that FimBank has to fulfill the 10 November verdict in favor of Azerbaijan by April 26.
11 April 2007 [23:06]
It is expedient for Azerbaijan to repay the debts owed to the international financial institutions ahead of schedule, the Cabinet’s Financial Policy Officer Ogtay Hagverdiyev told.
11 April 2007 [16:32]
India will probe the issue with its company that is engaged in illegal exploitation of gold in Azeri territories occupied by Armenia, said Indian Minister of State for Commerce Shri Jairam Ramesh in Baku.
11 April 2007 [16:28]
Azerbaijan's State Veterinary Service will finish the next monitoring of bird flu in the country by the end of the week.
11 April 2007 [16:16]
Economic Development Ministry and State Veterinary Service confirmed the fact on sale of low-quality buffalo meat in Azerbaijan's markets brought from India. Indian government has already reacted to the case.
11 April 2007 [15:02]
Azerbaijan intends to complete privatization of telecom structures by late 2008, the Deputy Minister of Communications and Information Technologies Iltimas Mammadov told.
11 April 2007 [14:35]
Azerbaijan will have inflation in double figures for 2007 as we have seen consumer prices index at 16.6% during the first quarter of this year, claimed the Cabinet's Financial Policy Officer Ogtay Hagverdiyev.
11 April 2007 [14:06]
Washington supports the construction of the South Caucasus gas pipeline, US Assistant Secretary of State Richard Boucher stated.
11 April 2007 [12:03]
VioleT napkins sold in Khachmaz markets caused discontent of residents.
11 April 2007 [11:21]
Azerbaijan's Transport Ministry has approved of South Korean Company's technical draft for creation of Intellectual Traffic Control System in Baku.
11 April 2007 [09:42]
Azerbaijani businessmen will pay business visit to China from May 8 to 14. The visit will be organized by China Building Materials Industry Association and Azerbaijani Entrepreneurs Confederation (AEC).
11 April 2007 [09:40]
As expected, oil products were most sold in Baku and least in the settlement of Horadiz, Fuzuli in March.
11 April 2007 [09:36]
Azerigas, State Gas Company of Azerbaijan, has suspended to export natural gas to Georgia via the old pipeline.
11 April 2007 [09:36]
Azerbaijan International Operating Company (AIOC) produced a total of 8,227,000 tons of oil from Azeri-Chirag-Guneshli field during the first quarter of the year, 76.6% higher than the same period last year.
11 April 2007 [09:34]
Azerbaijani government and Japanese Mitsubishi Corporation signed Memorandum of Understanding on "Application of Clean Development Mechanisms on utilization of methane in Baku dumps" project.
11 April 2007 [09:33]
Baku Steel Company (BSC) has not reduced 200 employees. BSC official for press service Namig Ahmadov told that the workers were fired after handing in their notice.
11 April 2007 [09:32]
Ganja City Gas Supply Office applied to law-enforcement bodies on its 7 employees in the first 3 years of the year.
11 April 2007 [09:29]
Three-year development plan of Azerbaijani Accounting Chamber is being worked out.
11 April 2007 [09:27]
SOCAR President Rovnag Abdullayev has today met with Shell Vice-President and Shell-Azerbaijan General Manager.
11 April 2007 [09:23]
Kazakhstan's Bank TuranAlem (BTA) intends to penetrate Azerbaijan's banking market.
11 April 2007 [08:57]
Azerbaijan's fixed asset investments for the first quarter totaled AZN 1.18 billion, including AZN 592 million in construction.
11 April 2007 [08:56]
Azerbaijan's President Ilham Aliyev received Akkan Suver, head of Turkey's Marmara Group.
11 April 2007 [08:56]
The price of crude oil fell below $62 a barrel Monday on a supply glut at a key North American delivery point as geopolitical tensions loomed.
11 April 2007 [08:53]
Today business forum was held on "Prospects of economy and agriculture development in Guba-Khachmaz economic region" in Nugedi village of Azerbaijani region of Guba.
11 April 2007 [08:50]
The biggest gas powers coming together on Monday in Doha took a step toward formation of an OPEC-like group for gas, but sought to reassure consumer nations it was business as usual for now.
11 April 2007 [08:44]
Plans for a southern European oil pipeline to take Caspian oil from the Black Sea to the Adriatic have taken a step forward, but NBCentralAsia observers say the project could be a risky venture because there is no guaranteed source of oil for it.
10 April 2007 [16:42]
Transport Ministry has worked out the regulations for the Baku-Tbilisi-Kars Railway Project Coordination Board and Management Board.
10 April 2007 [15:56]
Marlen Asgarov, the Vice-President of Azerenergy, Azerbaijan’s State Electricity Company, has led a delegation to Moscow to have discussion on electricity imports and exports between the two nations.
10 April 2007 [09:04]
AtaBank increased its assets during the first quarter 1.3% to AZN 63,462,700, as of April 1.
10 April 2007 [09:03]
Bank Standard intends to raise its authorized capital during the second quarter of the year.
10 April 2007 [09:00]
The 7th edition of the "Marketing: first step" book by the giants of marketing Garry Armstrong and Philippe Cutlery is translated into Azerbaijani for the first time by Azerbaijan Marketing Society (AMS).
10 April 2007 [08:54]
"Main dimensions of pharmaceutical policy" meeting was held in Health Ministry with participation of Ogtay Shiraliyev.
10 April 2007 [08:46]
Turkey hosted the second meeting of Economic Cooperation Organization (ECO) Finance and Economy Ministers.
10 April 2007 [08:44]
Azerbaijan produced 747,040 metric tons of oil against the target of 747,450 metric tons during March.
10 April 2007 [08:27]
YAP (New Azerbaijan Party) Youth Union will organize international conference on "Energy security in Euro-Atlantic arena".
10 April 2007 [08:20]
Russia will resume full electricity supplies to Azerbaijan starting May 1, the head of the Russian electricity monopoly Unified Energy System's subsidiary said Monday.
09 April 2007 [23:42]
Iran's President Mahmoud Ahmadinejad announced Iran started industrial scale nuclear fuel production.
09 April 2007 [23:02]
The USA Today published a range of articles about Azerbaijan. The supplement produced by the United World Ltd. presents facts and figures on Azerbaijan, economic development and implementation of oil strategy in the country, Heydar Aliyev Baku-Tbilisi-Ceyhan major export pipeline and interviews with representatives of the governmental agencies and private sector.
09 April 2007 [16:05]
Preliminary court proceeding 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 judgements, continued in the second half of the day.
09 April 2007 [15:59]
Azerbaijan's state budget will be reviewed in May, Azerbaijani President Ilham Aliyev said.
09 April 2007 [15:57]
Azerbaijan's Communications and Information Technologies Minister Ali Abbasov will be visiting Thailand and Vietnam from April 9 through 14.
09 April 2007 [15:05]
Preliminary court proceeding 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 judgements, continued.
09 April 2007 [14:43]
Azerbaijani trade rose 28.1% in the first two months of this year, with a 10.7% increase in exports and a 44.2% rise in imports, the local state statistics committee was quoted as saying Monday.
09 April 2007 [14:13]
Azerbaijan's Bank Standard is negotiating with several international financial institutions on opening of credit lines.
09 April 2007 [14:06]
German chemical maker and the world giant BASF AG has started its first Caspian region-based subsidiary in Sumgait, an industrial town of Azerbaijan.
09 April 2007 [12:26]
Azerbaijan boosted gas production 35.3% year-on-year in the first quarter of 2007 to 2.239 billion cubic meters.
08 April 2007 [19:02]
India's Minister of State for Commerce, Shri Jairam Ramesh is leading a multi-sectoral Indian delegation to Azerbaijan from April 10-12, 2007 to boost bilateral economic relationships covering both investment and trade.
08 April 2007 [11:43]
Islamic Development Bank will present proposals on establishing Islamic Investment Fund in Azerbaijan to Economic Development Ministry, Deputy Economic Development Minister Mikayil Jabbarov told journalists.
08 April 2007 [11:42]
Commission on establishing special economic zones in Azerbaijan has been set up in Economic Development Ministry, Deputy Economic Development Minister Mikayil Jabbarov told journalists.
08 April 2007 [11:40]
Barmek Azerbaijan Electricity Distribution LLC's claim for compensation worth $500 million in International Center for Settlement of Investment disputes (ICSID) has no legal base, Deputy Minister of Economic Development Mikayil Jabbarov told journalists.
08 April 2007 [11:34]
Forum on "Management and Best Practice on Corporate Management" was in Baku by Azerbaijan Bank Training Center (ABTC), AzPromo, International Financial Corporation Azerbaijan Corporate Management Project and Japan International Cooperation Association (JICA).
08 April 2007 [11:33]
Azerbaijan’s Emergencies Minister, General Colonel Kamaladdin Heydarov received Franz Heinzmann, director of German Agency for Technical Cooperation (GTZ) Baku office.
08 April 2007 [11:19]
The building of the new railway between Armenia and Iran will cost $1 bln, Armenia's acting Transport and Communication Minister Andranik Manukian said.
07 April 2007 [11:39]
Airports being constructed in Shaki and Zagatala will be commissioned by the year-end, deputy general director of AzAl State Concern Etibar Huseynov told journalists.
07 April 2007 [11:36]
Price Waterhouse Coopers international auditor has completed independent audit in Azerbaijan's Bank Standard.
07 April 2007 [11:32]
Direct flights are expected to be opened from Ganja city of Azerbaijan to St. Petersburg and Dubai, Beyler Najafov, director of Ganja International Airport told journalists.
07 April 2007 [11:30]
Azerbaijani State Agency for Standardization, Metrology and Patents holds negotiations with US and European countries on devices to test meters and controllers.
07 April 2007 [11:26]
The State Oil Company of Azerbaijan (SOCAR) produced 2.191 million metric tons of oil (16 million bbl) in January-March, a 1.1% decline year-on-year, the company said Friday.
07 April 2007 [11:17]
The next meeting of Coordination Council established in Azerbaijan's Industry and Energy Ministry for implementation of State Program on use of alternative and restorable energy sources was held.
07 April 2007 [11:14]
As at January-February, the volume of cargo transportations of Azerbaijan's industrial enterprises increased by 2.1%.
07 April 2007 [11:13]
Azerbaijan exported goods worth $59.8 million to the Commonwealth of Independent States and imported goods worth $167.1 million with a trade gap of $107.3 million.
07 April 2007 [11:12]
Baku Stock Exchange will hold an auction for placement of T-bills with registration number 10301115S on April 10.
07 April 2007 [11:11]
State Agency for Standardization, Metrology and Patents has closed three more bakeries in Baku.
07 April 2007 [11:10]
The US and Azerbaijani governments will organize seminar on production of construction materials of earthquake-proof and less energy intensity.
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