Business
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.
21 December 2006 [22:48]
The unexpected death of Turkmen President Saparmurat Niyazov left the Russian government wondering how the event will affect Turkmen gas deliveries.
21 December 2006 [22:34]
"The gas reserves is 200m more in compare with last year," the chief of Azerigaz CSC Alikhan Melikov said.
21 December 2006 [16:52]
Georgia's President Saakashvili said on December 21 he is optimistic about Georgia's gas supplies from Azerbaijani Shah-Deniz field after talks with the Turkish leadership, but hinted that "many technical issues" may still remain unclear.
21 December 2006 [15:32]
Russian natural gas exporter Itera began switching off gas supplies to some parts of Georgia Thursday, citing unpaid debts.
21 December 2006 [15:11]
Georgia will ensure electric power transportation from Russia and Azerbaijan to Turkey via its territory, Georgian President Mikhail Saakashvili said in Istanbul at a meeting with the Turkish business community on Thursday.
21 December 2006 [14:22]
Azerbaijani people will face no problem in gas supply during the winter, SOCAR president Rovneg Abdullayev told reporters.
21 December 2006 [11:22]
The SOCAR plans to construct six platforms of 78 wells in the Oil Rocks by 2010.
21 December 2006 [11:21]
CIS Economic Council will meet in Moscow on December 27.
21 December 2006 [11:16]
TRACECA (Transport Corridor Europe Caucasus Asia) member states can discuss the issue on lifting permission system between the corridor states.
21 December 2006 [11:15]
Kapital Bank experts have drafted the 2007 budget and introduced it to the Observation Board.
21 December 2006 [11:14]
Azerbaijan will find an international consulting company for the proposals on the project of special innovation zones in Azerbaijan.
21 December 2006 [11:13]
National Budget Group delivered a presentation on the judgement of 2007 Budget.
21 December 2006 [11:12]
21 December 2006 [11:11]
21 December 2006 [11:10]
Azerbaijan's Kapital Bank has large-scale and ambitious plans and the new ratings will provide good opportunities to realize these ideas, Kapital Bank Management Board Chairman Rauf Rzayev said.
21 December 2006 [11:09]
Azeri, Russian officials will meet in Moscow on Dec. 22 to continue negotiations on gas supplies for Azerbaijan in 2007.
21 December 2006 [10:53]
In 2007 Azerbaijan Airlines (AZAL) will launch direct flights to a number of cities to which Azerbaijanis travel often.
21 December 2006 [10:52]
Next year Azerbaijan may apply digital customs declaration system, State Customs Committee chairman Aydin Aliyev said.
21 December 2006 [10:51]
Azerbaijan is the leader of South Caucasus for the number of internet users according to the International Telecommunication Union.
21 December 2006 [10:49]
The trial of 7 Barmek-Azerbaijan Electric Network officers in Republic Prosecutors Office Fight against Corruption Department is finishing.
21 December 2006 [10:47]
The issue on personal income declaration system is under discussion at the level of the Cabinet.
20 December 2006 [22:26]
Japanese Government will allocate some $200 000 grant to Azerbaijani Government to arrange technical-economic basis for project on building high-speed railways in Azerbaijan.
20 December 2006 [22:13]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 20.
20 December 2006 [20:41]
The World Bank and Korea will pledge $30m to assist Azerbaijan in creating electronic government (e-gov), said Azerbaijan Minister of Communication and Information Technologies Ali Abbasov.
20 December 2006 [20:26]
"Economic Development Ministry tries to delay the conclusion of the final agreement with Barmek as long as possible. We have already requested the Ministry to hurry," said Barmek-Azerbaijan President Huseyn Arabul.
20 December 2006 [15:08]
Trade between Azerbaijan and Russia is rapidly growing, Chairman of the Azerbaijan-Russia Business Cooperation Chamber, Intiqam Huseynov, told AzerTAg reporter.
20 December 2006 [15:06]
The second forum of businesswomen of Islamic countries was held in the Malaysian capital, Kuala Lumpur. The event gathered about 80 businesswomen from 44 countries worldwide.
20 December 2006 [15:04]
On December1 2-16, the delegation led by chairman of Auditor Chamber of Azerbaijan Vahid Novruzov has been with a working visit in Paris.
20 December 2006 [14:53]
Foodstuffs imported into Armenia should be subjected to obligatory marking in Armenia, head of the Standardization and Compliance of the Trade and Economic Development Ministry Robert Dayan announced at a news conference on December 21.
20 December 2006 [13:51]
Azerbaijan will become Georgia's major gas supplier in 2007, Georgian Prime Minister Zurab Nogaideli told the government session on December 20.
20 December 2006 [13:21]
Azerbaijani president Ilham Aliyev decreed on establishing Commission on Export Control.
20 December 2006 [11:22]
Azerbaijan and China will invest USD 12 million in creation of a joint venture in Sumgait Glass Manufacturing Plant, Industry and Energy Minister Natig Aliyev said.
20 December 2006 [11:14]
The license of the buses in Baku which increase the fare illegally will be revoked, Tariff Council chairman Heydar Babayev said.
20 December 2006 [11:13]
Azerigas has warned regions that it would cut off natural gas supply, from Dec. 25, to the regions where collection of gas bills is under 60%.
20 December 2006 [11:12]
Azerbaijan's leading cellular provider Azercell Telecom concluded three international roaming agreements with Brasilia's Amazonia Celular, Croatia's Vipnet Croatia and Spain's Vodafone.
20 December 2006 [11:11]
Azerbaijan and Turkey plans to raise the trade turnover to $1 billion by this year's end and double to $2bn in 2007, Azerbaijan-Turkish Business Council chairman Chingiz Gul said.
20 December 2006 [11:10]
New lifts are being constructed in Ganja. People can use them after the reference of a special commission.
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