Business
20 July 2006 [21:17]
Kaspiygazprom Open Joint-Stock Company warned about cut off natural gas delivered to Dagestani cities and regions as well as to Azerbaijan from July 25 to 27.
20 July 2006 [15:39]
Allowance of state budget-funded mortgage by preferential conditions and amendments to the procedure of mortgaging will be discussed in the Cabinet of Ministers next week.
20 July 2006 [12:39]
Armenia's authorities have authorized U.K.-based Midland Resources Holding Ltd. to sell its 100% stake in Armenian Electricity Networks (AEN) to a subsidiary of Russia's Inter UES, the Russian company said.
20 July 2006 [12:11]
Iran's exports of natural gas to Nakhichevan Republic have increased electricity generation in the region, noted the Prime Minster of the Nakhichevan Autonomous Republic.
20 July 2006 [12:08]
Oil production in Azerbaijan reached 477.2 thousand tonnes in Azerbaijan in the I half of 2006, which is 51.3% more than in 1H 2005, Azerabaijani state statistics committee said.
20 July 2006 [09:37]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN weighted average rate was AZN 0.8889/USD.
20 July 2006 [09:23]
Management of Economic Development Ministry and Azerbaijani National Fund for Entrepreneurship Development (ANFED) met with the authorized credit institutions of the Fund.
20 July 2006 [08:46]
Implementation of charter flight from Finland to Nakhchivan is not ruled out and Nakhchivan International Airport has such a potential, Mubariz Bakhshiyev, chief of under-construction module power station in Nakhchivan, stated.
20 July 2006 [08:33]
As of June 1, credits allocated to the Azerbaijani economy reached AZN 1 556.8mn which represents an increase of 39.6% or AZN 442mn as against last year respective period.
19 July 2006 [22:04]
Azerbaijani State Border Service (SBS) and Emergency Situations Ministry monitored the shipping vessels in the Azerbaijani part of the Caspian Sea from July 8 through 16 in order to investigate the situation.
19 July 2006 [15:37]
Accounting Chamber of Azerbaijan has started to conduct an audit at Azerenergy JSC today.
19 July 2006 [14:18]
Angola, along with several other non-Opec countries, would be largely responsible for increasing in world oil supply by 2010, said a Deutsche Bank report.
19 July 2006 [12:52]
383 700 apartments of 20.6mn sq m have been privatized in Azerbaijan since the privatization of the state property started.
19 July 2006 [12:44]
Azerbaijan's budget surplus totaled about $220 million in January-June 2006 and inflation stood at 5.6%, the head of the country's statistics committee said Tuesday.
19 July 2006 [09:22]
Period of investigation of the case of Barmek employees - Rahib Musayev and Alasgar Huseynov - has been prolonged.
19 July 2006 [08:39]
Cargo transportation has reached 20.2mn tons in January-June which represents an increase of 11% as against last year’s respective period.
19 July 2006 [08:36]
As of June 1, savings of Azerbaijani population in the banks reached AZN 581.4mn which represents an increase of 36.8% as against last year respective period.
19 July 2006 [08:28]
July 5, 2006 criminal case was initiated against the crew members of Azerbaijani fishing boat, which was detained in the Caspian Sea waters in Dagestan.
18 July 2006 [18:59]
The Azerbaijani government on Monday held a meeting to discuss the recent abrupt increases in prices on agricultural goods, the underlying causes and ways of preventing the surge.
18 July 2006 [18:51]
Investments in Azerbaijan's economy have increased to exceed 2.6bn new manats ($2.93bn) in January-June, or 7.9% over the same period of last year.
18 July 2006 [18:50]
A number of changes have been made to the terms of mortgage loans aiming to benefit young families and help solve the housing problem in Azerbaijan.
18 July 2006 [18:48]
The World Bank is ready to allocate $500m to Azerbaijan to be invested in renovating roads of nationwide importance, Deputy Transport Minister Musa Panahov says.
18 July 2006 [18:47]
The World Bank has developed a general strategy on improving rural water supplies and upgrading the sewer system of Azerbaijan.
18 July 2006 [16:32]
Azerbaijan Ministry of Finance has granted a license to PASHA Insurance Company Closed Joint-Stock Company.
18 July 2006 [13:57]
Gross Domestic Product has risen 36.3% to AZN 7.1bn within January-June in Azerbaijan. Production constituted 68.6% of GDP.
18 July 2006 [13:43]
ISR Capital Investment LLC won the competition on selling Azerbaijan Hotel announced by Azerbaijan State Committee for Management of State Property.
18 July 2006 [13:31]
The Cabinet of Ministers started to work out three normative documents on licensing activities of hotels in Azerbaijan.
18 July 2006 [08:48]
Azerbaijani Minister of Communications and Information technologies Ali Abbasov has completed his visit to the US.
18 July 2006 [08:39]
The State Committee for Securities registered 26 issues of short-term notes of AZN 279mln in January-June this year.
18 July 2006 [08:28]
In January-June the nominal incomes of Azerbaijani population reached AZN 4.8bn which represents an increase of 19.6% or AZN 793.7mn as against last year’s respective period.
17 July 2006 [21:30]
Initial figure of most of the phone numbers will be placed with 5 in Baku in a month.
17 July 2006 [19:49]
The weighted average exchange prices made up 0,8896 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 17.
17 July 2006 [19:46]
A Russian environmental official warned Monday of potential ecological disaster in the Caspian Sea if aging oil tankers are used to transport crude from Kazakhstan to Azerbaijan for pumping through a pipeline that bypasses Russia.
17 July 2006 [14:30]
Today Azerbaijani State Committee on Securities chairman, Gunduz Mammadov, gave press conference on the first half of the current year.
17 July 2006 [13:38]
Millicart (National cards) Processing Center gave a conference to established new juridical persons with participation of 18 commercial banks in the form of LLC with authorized capital of AZN 4mn.
17 July 2006 [13:35]
Russia's top mobile phone operator, Mobile TeleSystems (MTS) (MBT.N: Quote, Profile, Research), has acquired a 75 percent stake in Dagtelecom, a GSM-operator in the Caucasus, MTS said in a regulatory document on Monday.
17 July 2006 [13:06]
The local Bank of Baku, jointly with the Baku Electronics company, has tackled implementation of the one-of-the-kind project in Azerbaijan enabling holders of plastic cards to buy and sell goods and services via the Internet.
17 July 2006 [13:04]
The shipyards in the Baku Bay on the Caspian coast are to be relocated due to their causing extreme pollution of the Sea, an official from the Azerbaijan Ministry of Ecology and Natural Resources, Latifa Huseynova, has said.
16 July 2006 [16:18]
The Azerbaijan-Egypt economic forum is due to take place October in Baku.
16 July 2006 [16:16]
Azerbaijani, Turkish, Georgian and Chinese official to visit Kazakh capital.
16 July 2006 [16:14]
Oil export from Sangachal terminal made up 1.8 million tons in June.
16 July 2006 [02:39]
Turkish contracting companies which carried out works and completed successfully at recently launched Baku-Tbilisi-Ceyhan (BTC) oil pipeline, press their employer BOTAS, the state oil&natural gas pipelines and natural gas imports company, for approximately $200 million payments.
16 July 2006 [02:35]
Georgia may get a new source of natural gas as an alternative to supplies from Russia, according to a political agreement on Azerbaijani gas deliveries to the country starting next year.
15 July 2006 [14:16]
The weighted average exchange prices made up 0.8905 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 14.
15 July 2006 [09:29]
Azerbaijani State Customs Committee found 2 415 irregularities in January-June. 77 of which is of crime and 71 people were detained as suspicious.
15 July 2006 [08:50]
The Baku-Tbilisi-Ceyhan (BTC) main export pipeline is a major step in the development of Caspian energy resources, US President George W. Bush wrote in a letter sent to the BTC opening ceremony in Ceyhan, Turkey, on Thursday.
15 July 2006 [08:15]
In January-June the incomes of the State Social Protection Fund constituted AZN 266.235mn which represents an increase of AZN 32.296mn or 13.3 percent as against last year's respective period.
14 July 2006 [10:15]
Georgian president Mikheil Saakashvili spoke at the Baku-Tbilisi-Ceihan oil pipeline opening ceremony held in Turkey, emphasizing the influence of the project on international relations and the global changes in the Caucasus and post-soviet space.
14 July 2006 [09:57]
On July 13 the Georgian National Bank held a presentation ceremony for a coin minted in commemoration of the official opening of the Baku-Tbilisi-Ceyhan oil pipeline.
14 July 2006 [01:39]
As of July 1, the total assets of the Bank Standard equaled AZN 80 696 000 which represents an increase by 38.5% in January-June.
14 July 2006 [01:38]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN weighted average rate was AZN 0.8911/$1.
14 July 2006 [01:34]
Baku subway has announced a tender on purchase of 3 escalators for 28 May Station.
14 July 2006 [01:32]
World oil prices struck fresh historic records today.
14 July 2006 [01:27]
AZN (new manats) constitutes 75% in the current circulation.
14 July 2006 [01:24]
Azerbaijani Auditors Chamber and Baku Office of Pricewaterhouse Coopers organized a seminar on International Financial Reporting Standards (IFRS).
14 July 2006 [01:05]
Accounts Chamber is examining execution of funds allocated from the state budget in 6 municipalities including Khatai District.
13 July 2006 [17:55]
The presidents of Turkey, Azerbaijan and Georgia formally opened a pipeline Thursday designed to bypass Russia and bring Caspian oil to Europe, a route that President Bush said would bolster global energy security.
13 July 2006 [11:28]
"The new Silk Road," "a vital East-West energy corridor," "Europe's second Rotterdam."
13 July 2006 [11:01]
Warnings from critics 10 years ago against project's cost, difficulty have now dried up.
13 July 2006 [10:12]
The International Monetary Fund representatives are due to hold talks with Azeri officials in Baku.
13 July 2006 [10:10]
Inflation made up 6% in Azerbaijan in the first half of 2006, the State Statistics Committee chairman Arif Valiyev says.
13 July 2006 [10:06]
The evaluation of Azerbaijan's leading cellular communications provider, Azercell Telecom JV, for its further privatization is scheduled to complete by the year-end, according to the chairman of the State Committee on Property Management, Karam Hasanov.
13 July 2006 [09:58]
13 July 2006 [00:40]
European Bank for Reconstruction and Development will set up a regional center for Caucasus countries, EURD officer in Baku Raymond Convey told journalists.
13 July 2006 [00:39]
An auction on placement of short-term bonds of National Bank with the state registration number 50102812S was held at Baku Stock Exchange.
13 July 2006 [00:37]
Georgia side presented no confirmed document on Kars-Akhalkalaki-Tbilisi-Baku railway.
13 July 2006 [00:32]
"All interests of Azerbaijan will be defended at the trial on Barmek-Azerbaijan Power Network LLC," Azerbaijani Economic Development Minister Heydar Babayev told journalists.
13 July 2006 [00:20]
"An ad hoc commission has been set up for abolishment of Transportation Department under auspices of Baku Mayor' Office and transfer of its authorities to the Ministry of Transportation," Transport Minister, Ziya Mammadov told journalists.
12 July 2006 [16:21]
Kvemo Kartli Investigative Department of Financial Police seized two lorries and two motorcars laden with unregistered products.
12 July 2006 [16:19]
12 July 2006 [15:45]
Preparations related to official opening ceremony of Baku-Tbilisi-Ceyhan main oil pipeline, are in progress.
12 July 2006 [12:01]
Over 14.4m tons of oil was produced in Azerbaijan in the first half of 2006.
12 July 2006 [11:58]
Iran and Turkmenistan plan to join the environmental study on the Caspian Sea to be carried out late in 2006, the chairman of the Azeri Accountancy Chamber, Namig Nasrullayev, told journalists Tuesday.
12 July 2006 [03:49]
Business seminar on Azerbaijan's investment potential will be held in Seoul, capital of South Korea on July 18.
12 July 2006 [03:47]
As of end of the Q2, the total assets of the Bank Standard equalled AZN 158 058 000 or $176 482 000 which represents an increase by 60% or AZN 59 007 000 ($65 885 000) in comparison with late 2005.
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