Business
27 December 2006 [09:57]
Azerbaijan Culture and Tourism Ministry will start licensing hotel activities from January 10.
27 December 2006 [09:57]
Det.AL Ltd Joint venture (UK and Arab States) will start to construct new aluminum plant in Ganja in March.
27 December 2006 [09:55]
The foreign debt of Azerbaijan is anticipated to hit USD 2.1 billion by this year's end, which is a 27.3% rise from early year.
27 December 2006 [09:55]
Onshore Shirvan Oil Company, which is developing Kurovdagh onshore field, produced 14.8m cubic meters of gas during January-November.
27 December 2006 [09:45]
"The number of companies involved in illegal cable broadcast is increasing. Ministry of Interior Affairs and local administrative bodies are working together to prevent the issue. Such company leaders will be punished soon," stated National Television and Radio Council chairman Nushirevan Meherremli.
26 December 2006 [23:45]
Azerbaijan's Shah Deniz gas field has halted production due to a leak, just after its launch by operators BP and Norway's Statoil this month, Azeri state energy firm SOCAR said on Tuesday.
26 December 2006 [23:43]
Energy ministers from Turkey, Georgia and Azerbaijan will hold more talks in Istanbul to discuss the sharing of gas from the giant Shah Deniz field off Azerbaijan's Caspian coast, the Turkish minister said Tuesday.
26 December 2006 [23:30]
Emergencies Ministry announced the names of the companies importing low-quality cement to the country.
26 December 2006 [23:03]
The Head of Ukrainian Government Viktor Yanukovych disclosed during his meeting with the Prime Minister of Azerbaijan Artur Rasizade in Baku, according to the press-office of the Cabinet of Ministers.
26 December 2006 [23:01]
Ukraine's Economics Minister Volodymyr Makukha said this during Prime Minister Viktor Yanukovych's visit to Baku, Azerbaijan.
26 December 2006 [22:58]
Azerbaijan will not buy natural gas from Russia at $235 per 1,000 cubic meters, the head of the State Oil Company of Azerbaijan (SOCAR) said Tuesday.
26 December 2006 [17:11]
The embassies represented the Schengen states in Azerbaijan released information to the press.
26 December 2006 [14:54]
Georgian President Mikhail Saakashvili took stance on Azerbaijani gas supply during the meeting with the students of Tbilisi State University.
26 December 2006 [12:48]
In first ten-day of January Azerbaijani President will sign a decree on social mortgage lending.
26 December 2006 [10:26]
Azerbaijan Micro Fiannce Association is developing a three-year strategy plan on its activities and development.
26 December 2006 [10:26]
26 December 2006 [10:25]
The composition of the Management Board of the National bank of Azerbaijan will not be changed.
26 December 2006 [10:24]
Azerbaijan Communications and Information Technologies Ministry will sign a memorandum with the Asian Development Bank.
26 December 2006 [10:24]
26 December 2006 [10:23]
4.6m bank accounts have been opened in bank system of Azerbaijan.
26 December 2006 [10:22]
As of November 1, the total amount of bank savings rose 54.1%, year-over-year, to AZN 704.9m in Azerbaijan.
26 December 2006 [10:21]
Deutsche Bank, Microcredit Entrepreneurs and Developing World Markets show great interest in the microfinance sector of Azerbaijan.
26 December 2006 [10:18]
International Bank of Azerbaijan was awarded the Bank of 2006 by the Banker magazine.
26 December 2006 [10:17]
On Tuesday, the chief of National Television and Radio Council Nushirevan Meherremli will meet with the chiefs of cable televisions in Azerbaijan.
26 December 2006 [10:03]
Ganja Automobile Plant (GAP) intends to assemble the first Belarus tractors and MAZ trucks in January, 2007 as per the November 22 agreement concluded with Minsk Automobile and Tractor Plants which will enable it to assemble and sell tractors and trucks.
26 December 2006 [01:06]
National Iranian Oil Company (NIOC) is currently in talks with Russia's LUKoil on the development of North Azadegan Oilfield, southern Iran, NIOC managing director said.
26 December 2006 [00:51]
The weighted average exchange prices made up 0.8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 25.
26 December 2006 [00:46]
Turkey has not yet reached a deal with Georgia to supply the ex-Soviet republic with much-needed gas next year but expects talks to be concluded in one week, a senior Turkish Energy Ministry official told Reuters on Monday.
25 December 2006 [19:53]
Azerbaijani and Russian energy officials have today met in Baku to discuss the electricity imports to Azerbaijan, Azerenergy Marlen Asgarov said.
25 December 2006 [19:46]
The trade turnover between Azerbaijan and Iran has increased 30% and it is over $700m.
25 December 2006 [19:13]
Azerbaijan can help Georgia with the gas supply in the winter in an amount of one million cubic metres a day, Azerbaijani Prime Minister Artur Rasizade said after talks with his Georgian counterpart Zurab Nogaideli on Monday.
25 December 2006 [14:24]
People can exchange the old banknotes with the denominated manat at the National Bank and commercial banks by this year's end, but only the national bank will convert old currency notes as of January 1, 2007, National bank officer Hajibaba Masimov stated.
25 December 2006 [14:13]
Bakielectricshebeke will successfully supply electricity to Baku and surrounding settlements on forthcoming holidays, the Company told.
25 December 2006 [13:19]
Russian Gazprom is looking forward to receiving Azerbaijan's answer on the price and amount of Russian gas offered, Gazprom Officer in Baku Akif Hasanov told.
24 December 2006 [22:13]
Turkey has agreed to give up some of its share of a giant Caspian gas field to Georgia, allowing the small Caucasus nation to reduce its need for expensive Russian gas, the Georgian energy minister said Sunday.
23 December 2006 [14:51]
Azerbaijan's largest mobile operator 'Azercell Telecom' signed new roaming agreement with Brazil ' Amazonia Celular", " Croatian ' Vipnet Croatia" and Spanish " Vodafone".
23 December 2006 [14:48]
Azerbaijan's president said Saturday the country may stop importing natural gas from Russia.
23 December 2006 [12:40]
The Ministry of Culture and tourism has introduced 2007-2016 State Program for development of tourism in Azerbaijan to relevant government bodies.
23 December 2006 [12:39]
Georgia will start importing Azerbaijani electricity supplies from December 23.
23 December 2006 [12:37]
Azerbaijani transport companies carried 130.2m tonnes of goods within January-November this year which represents an increase of 13% the same period last year.
23 December 2006 [12:33]
Azerdemiryolbank OJSC has opened a regional branch in Yevlakh.
23 December 2006 [12:31]
Azerbaijan Hotels Association has been established at the initiative of Culture and Tourism Ministry.
23 December 2006 [12:23]
Milli Majlis Economic Policy Commission Chairman Ziyad Samadzade briefed the lawmakers about the decision of approval of he National bank Management Board members.
23 December 2006 [12:02]
The salary of Baku Metro employees will be raised by 50% to AZN 225-230 from next year.
23 December 2006 [11:58]
Malta's Fim Bank appealed against the Franch Court's decision on lifting 500,000 stocks of Azeri Government in he European Telecommunications Satellite Organization (Eutelsat).
23 December 2006 [11:57]
UniLeasing will open a branch in Guba.
23 December 2006 [11:56]
Communications services provided for the legal entities and individuals in Azerbaijan rose 24.6%, year-over-year, to AZN 489.4m during the period of January-November.
23 December 2006 [11:51]
Swiss Companies ADDAX BV and Sun Oil S.A have won the tender, for export of diesel fuel and crude oil to the world market, announced by the SOCAR Marketing and Economic Operation Department.
23 December 2006 [11:47]
Azerbaijan's largest mobile operator Azercell Telecom organized a meeting on occasion of its ten-year activities.
23 December 2006 [01:38]
A section of a gas pipeline through which Azerbaijan delivers natural gas to Georgia has been damaged in a terrorist attack, a Georgian TV channel reported Friday.
23 December 2006 [01:34]
The weighted average exchange prices made up 0,8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 22.
23 December 2006 [01:33]
While much of the groundwork has been done to make the long-discussed Transcaspian Gas Pipeline, TCP, feasible, the greatest obstacle of all remains unresolved – resistance from some of the Caspian states.
23 December 2006 [01:31]
ITECA Caspian LTD, the exclusive partner of the ITE Group - the leading organizer of international trade exhibitions and conferences in South Caucasus summed up the results of the 14 exhibitions held in Baku 2006.
23 December 2006 [01:27]
The European Bank of Reconstruction and Development (EBRD) said it is supporting the expansion and diversification of Azerbaijan bank, Bank of Baku, with a $5 million co-financing facility.
23 December 2006 [01:20]
Azerbaijan and Russian officials so far failed to reach common agreement on the amount and prices of the Russian gas imports at the meeting held in Moscow.
23 December 2006 [01:16]
Georgian Primer Zurab Nogaideli will pay a working visit to Baku on Dec. 25.
23 December 2006 [01:16]
"Azerbaijan's Shah Deniz gas will cover 70% of Georgia's gas needs in 2007," Georgian Premier Zurab Nogaideli told a media briefing after the government session.
22 December 2006 [17:55]
BP PLC said Friday that it had temporarily halted output at a massive Caspian Sea gas field off the coast of Azerbaijan because of technical problems.
22 December 2006 [17:48]
President Ilham Aliyev participated in the opening ceremonies of two bridges and two pedestrian crossings in Baku.
22 December 2006 [17:45]
The next round of negotiations on the amount and prices of Russian gas imports to Azerbaijan for 2007 is being discussed in Moscow.
22 December 2006 [17:37]
Baku Metro Chief Tagi Ahmadov gave a press conference on transition to chip-card system in Baku Metro.
22 December 2006 [13:37]
Turkish and Georgian officials held talks yesterday over the sharing of natural gas from Azerbaijan's Shah Deniz field in the Caspian Sea, but no deal was expected to emerge from the meeting due to a number of technical issues.
22 December 2006 [13:28]
Azerbaijan Airlines State Company intends to spend between $450 and $480 to purchase new aircrafts next year.
22 December 2006 [13:01]
South Korea has reached an agreement with Azerbaijan to liberalize air travel and cargo transport between the two countries, officials said Friday.
22 December 2006 [11:10]
Azerbaijan's Kapital Bank intends to place two corporate bond issues in early 2007. The amounts of the issues are expected to be AZN 10m and USD 10m at par values.
22 December 2006 [11:08]
AGLeasing intends to treble its leasing portfolio to AZN 10m in 2007.
22 December 2006 [11:07]
Turkey is concerned over the delay of the construction of Kars-Akhalkalaki-Tbilisi-Baku railway line.
22 December 2006 [11:06]
This year date on more than 105,000 real estates owned by some 13,000 state enterprises and their branches were received by the State Property Registry, of which 103,000 were registered.
22 December 2006 [11:02]
22 December 2006 [10:58]
Explosion occurred in one of the departments of steel mill situated in Z. Bunyadov Avenue, Narimanov territory.
22 December 2006 [10:57]
22 December 2006 [10:57]
The board of trustees of the Azerbaijan Export Investment Promotion Foundation (AzPromo) has held a workshop.
22 December 2006 [10:55]
21 December 2006 [23:14]
A seminar "Regional Development Initiative (RDI) and three-year plan: 2006-2008" was held December 20 for media outlets at the BP's Enterprise Center.
21 December 2006 [23:05]
The weighted average exchange prices made up 0.8717 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 21.
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