Business
15 September 2006 [09:35]
The Micro Finance Bank of Azerbaijan (MFBA) on 13 September signed a USD 2 million loan with Triodos International Fund Management BV.
15 September 2006 [09:18]
The International Monetary Fund has raised its forecasts for global economic growth.
15 September 2006 [09:15]
The assets of Respublika Joint-Stock Commercial Bank rose 47.1 percent to AZN 85 700.8 mln during January-August.
14 September 2006 [21:51]
Fizuli Alakbarov, Azerbaijani Minister of Labor and Social Protection of Population met on September 14 with his Turkish counterpart Murat Bashesgioglu.
14 September 2006 [21:45]
On September 14, President of Azerbaijan Ilham Aliyev received at the Presidential Palace President of BP-Azerbaijan company David Woodward.
14 September 2006 [21:41]
Russia's LUKoil has discovered six new hydrocarbon fields in the Caspian Sea.
14 September 2006 [21:02]
Moody's Investors Service on Thursday assigned Azerbaijan a foreign and local currency issuer rating of "Ba1", one notch below investment grade, citing little government debt and rising revenues from oil exports.
14 September 2006 [16:38]
The first deputy chairman of Russia's central bank died in hospital early on Thursday after being shot by gunmen outside a Moscow sports stadium, a senior doctor said.
14 September 2006 [15:14]
Azerbaijan's GDP constituted AZN 10.2bn during January-August and this figure represents a 34.4% increase on the same period last year.
14 September 2006 [15:06]
Minister of Communication and Information Technologies Ali Abbasov met with Ambassador of the USA to Azerbaijan Mrs. Anne Derse to discuss participation of the U.S delegation in the BakuTel international exhibition and conference to be held in October, press service of the Ministry said.
14 September 2006 [14:52]
The anniversary exhibition in honor of the 75th anniversary of Izmir International Fair was organized in Izmir, Turkey.
14 September 2006 [14:28]
Azerfon LLC, the third GSM operator in Azerbaijan, has signed an agreement with Siemens AG of Germany for the supply, installation and commissioning of advanced network equipment required to establish the new Azerfon network in Azerbaijan.
14 September 2006 [14:27]
Employee of McDermott Company Rmail Mehbaliyev will bring the company to court.
14 September 2006 [14:05]
A consortium of BP PLC-led Western companies is set to start production at the Shah Deniz Caspian Sea gas field, energy giant BP said.
14 September 2006 [11:40]
One of the largest mobile operators of Azerbaijan Joint Venture Azercell Telecom has signed a new roaming agreement with Burkina Faso's 'Telmob' (Onatel) operator.
14 September 2006 [10:19]
2006 Annual Meetings of the World Bank and International Monetary Fund will take place in Singapore on September 19-20.
14 September 2006 [10:16]
From September 19 through 24, an international exhibition TUYAP "BURTARIM 2006" and the second exhibition "Bursa Dairy industry" will take place in Bursa (Turkey).
14 September 2006 [09:49]
The weighted average exchange price made up 0.8786 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
14 September 2006 [09:43]
Taxes Ministry Operational Control Department have to date examined 96 967 various kinds of trade facilities and found serious irregularities in 22 933 of them.
14 September 2006 [09:38]
The tender announced by SOCAR Marketing and Business Operations Department has ended.
14 September 2006 [09:29]
Grave Crimes Court today started a hearing of former six officers of Barmek-Azerbaijan Electricity Distribution LLC.
14 September 2006 [09:06]
4899.25 tonnes of agrarian goods were sold at fairs held in Baku from July 12 through September 11.
14 September 2006 [08:59]
Business workshop on the investment potential of Azerbaijan was held within the meeting of Polish-Azerbaijani intergovernmental commission on economic cooperation.
13 September 2006 [15:41]
Iran wants to build a second natural gas pipeline to energy-strapped neighbor Armenia, the Islamic republic's parliament speaker Gholam-Ali Hadad-Adel said Monday.
13 September 2006 [14:08]
800 Azerbaijani workers of McDermott Company are expected to be reduced soon. 15-20 workers have already been dismissed.
13 September 2006 [13:13]
Azerbaijan Mortgage Fund has already submitted the Government amendments to mortgage terms.
13 September 2006 [09:58]
The weighted average exchange price made up 0.8789 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
13 September 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 94 984 various kinds of trade facilities and found serious irregularities in 22 763 of them.
13 September 2006 [09:46]
Azerphone, the third mobile operator-to-be of Azerbaijan has started a trial, Deputy Minister of communications and Information Technologies Iltimas Mammadov said.
13 September 2006 [09:17]
State Oil Company of Azerbaijan (SOCAR) President Rovnag Abdullayev received yesterday Daniel Stein, NIS regional director for the US Trade and Development Agency (TDA).
13 September 2006 [09:08]
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received on September 11, 2006 Daniel Stein, NIS regional director for the US Trade and Development Agency (TDA).
12 September 2006 [20:19]
Science Applications International Corporation (SAIC) announced on Tuesday that Azerbaijan Customs has ordered additional VACIS(R) cargo, vehicle and contraband inspection systems to support its border security program.
12 September 2006 [20:10]
The southern Caucasus state of Azerbaijan is a key energy partner for European Union newcomer Poland, Polish Economy Minister Piotr Wozniak said Tuesday following talks in Warsaw with a senior Azeri government official.
12 September 2006 [15:20]
Oil prices fell to their lowest point since April, to $65.30 per barrel of crude, as the Organization of the Petroleum Exporting Countries (OPEC) met in Vienna on Monday, reporting it would keep its pumping crude unchanged at 28 million barrels per day.
12 September 2006 [10:38]
The Islamic Republic of Iran on Monday put forward a number of proposals to boost tourism cooperation among Islamic countries.
12 September 2006 [10:20]
An auction on placement of T-bills with the state registration number 10202613S was held at Baku Stock Exchange on Monday.
12 September 2006 [10:18]
The weighted average exchange price made up 0.8786 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Monday.
12 September 2006 [09:38]
Azerbaijan takes the 14th place for its economy among Eastern European countries.
12 September 2006 [09:35]
Two pipelines with 4.1 MPa and 9 MPa working pressure are planned to be built to deliver offshore natural gas of Azeri-Chirag-Guneshli and Shahdeniz to Azerigas CJSC and Sangachal Terminal.
12 September 2006 [09:32]
Negotiation on the natural gas importation between Azerbaijan and Russia are intended to be stared in late November.
12 September 2006 [09:29]
CIS Economic Council will meet in Moscow on September 15, Azerbaijani Cabinet of Ministers told APA.
12 September 2006 [09:23]
Azerbaijan Credit Unions Association (ACUA) will hold the 2nd conference on October 26.
12 September 2006 [09:22]
Baku Telephone Unity has started reconstruction of telephone exchanges in Baku in order to replace telephone numbers with 499 initial with 596.
12 September 2006 [09:21]
On Monday in Nijni Novgorod the Krasnoye Sormovo Shipyard launched Mirzagha Khalilov dry-cargo vessel built on the order of Palmali Group of Companies.
12 September 2006 [09:19]
A delegation of Cisco Systems, one of the world's leading ICT companies, is expected to visit Azerbaijan in early October.
12 September 2006 [09:18]
Turkish Foreign Trade Minister Kursad Tuzmen and a delegation of 100 businessmen are heading to the U.S to enhance the economic ties between the two countries.
12 September 2006 [09:16]
A delegation of Azerbaijan Export and Investment Promotion Foundation (AzPromo) left Baku for China to attend the business meeting of the trade and investment promotion organizations of the Asian Countries to be held in China on September 11-12.
12 September 2006 [09:15]
Preliminary trial on the lawsuit the ANS Group of Company brought against Taxes Ministry had been scheduled for today was adjourned for September 22.
11 September 2006 [19:41]
Oil dropped $1 on Monday as OPEC looked set to keep pumping at high rates to ensure world consumers were well-supplied despite a 20 percent fall in prices since mid-July.
11 September 2006 [19:36]
The price of license for TV channels broadcasted in Azerbaijan will be raised.
11 September 2006 [12:26]
By this year's end Agroleasing JSC of Azerbaijan will have bought 300 tractors and 250 combine harvesters.
11 September 2006 [12:21]
Economic Development and Trade Minister of Russia, German Gref is expected to pay a visit to Azerbaijan in October this year within Russian Year in Azerbaijan.
11 September 2006 [10:21]
Resident of Binagadi District, Rahila Mammadova claims that her land was squatted and she was unable to use her own land.
10 September 2006 [19:00]
Turkish Industrialists' and Businessmen's Association will host Foreign Trade Bridge between Turkey and Eurasia Conference eon September 17-18 in Istanbul.
10 September 2006 [13:43]
Workers in the Krasnodar territory used a dredger to try to free a second ship that ran aground in Russia's Sea of Asov in as many days.
09 September 2006 [13:42]
A round table devoted to questions of membership in the World Trade Organization (WTO) took place in Baku, September 6-8.
09 September 2006 [13:40]
Sugar Refinery in Imishli province has been awarded with ISO 9001:2000 quality certificate.
09 September 2006 [13:38]
The first sitting of Azerbaijan-Poland Intergovernmental Commission for Economic Cooperation will take place September 11-12 in Warsaw, press-service of the Ministry of Economic Development said.
09 September 2006 [13:27]
Chairman of the Agency of Communications and Information of Kazakhstan Askar Zhumagaliyev at session of parliament of the country (Majlis) has declared that Azerbaijan, Uzbekistan and Kyrgyzstan are going to use opportunities of KazSat satellite.
09 September 2006 [10:00]
Hand-over test in Barmek Azerbaijan ca be completed in second half of September, Barmek Azerbaijan LLC President Huseyn Arabul told.
09 September 2006 [09:58]
Draft Law on "the refund of Soviet-period savings" is expected to be discussed at the fall session of Parliament, Chairman of Parliament standing commission on economic policy, Ziyad Samadzade, stated.
09 September 2006 [09:30]
The weighted average exchange price made up 0.8794 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
09 September 2006 [08:56]
Platts has today released its annual 2006 Top 250 Global Energy Companies rankings, recognizing the industry's top-performing companies around the world.
08 September 2006 [22:33]
The absence of diplomatic relations between Armenia and Turkey does not impede a Turkish company to officially register and freely act on the territory of Armenia.
08 September 2006 [22:20]
A two day seminar "Communication Strategy Workshop," a part of "Primary Health Care Strengthening Project in Azerbaijan" (PHC Project, $5 mln ) began September 7 in Park Inn Azerbaijan Hotel.
08 September 2006 [21:53]
Ukrainian guests toured the terminal by bus.
08 September 2006 [21:51]
Ukrainian President Viktor Yuschenko says he did not discuss with Azerbaijani President Ilkham Aliyev the price of oil supplies to Ukraine.
08 September 2006 [21:37]
Speaking to students and professors of Slavic University of Baku on Friday, Victor Yushchenko said his talks with President Ilham Aliyev of Azerbaijan had resulted in the decision to create a special group that would consider ways to transport gas from the Caspian Sea to Europe via the Caucasus and Ukraine, according to the President's press-office.
08 September 2006 [14:06]
Oil exports from Azerbaijan in January- August 2006 amounted to 13.361 million tonnes, up 71.5% year-on-year.
08 September 2006 [10:07]
Economic Development Minister, Heydar Babayev, has met with International Currency Fund's mission composed of leading economist on South Caucasus Vitali Kramarenko, Manager for Azerbaijan Bazil Zavoyko and other experts.
08 September 2006 [10:07]
The weighted average exchange price made up 0.8790 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Thursday.
08 September 2006 [10:05]
EBRD and UniBank signed the second agreement on allowance of a syndicated loan (A/B loan-II).
08 September 2006 [10:03]
A World Bank mission for sewerage and water supply improvement project will visit Baku on September 19.
08 September 2006 [10:02]
Preliminary trial on the lawsuit the ANS Group of Company brought against Taxes Ministry will take place on September 11.
08 September 2006 [09:51]
The State Committee for Securities registered the issue prospectus of interest-bearing book-entry bonds of Bank Standard CJSC CB.
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