Business
08 July 2006 [09:38]
A delegation of Azeri entrepreneurs will visit Chelyabinsk in September this year.
08 July 2006 [09:37]
International Bank of Azerbaijan (IBA) will continue using MIDAS software by this year's end.
07 July 2006 [22:16]
On the sidelines of the summit of the Global Alliance for Information and Communication Technologies and Development held in Kuala Lumpur, Azerbaijani Minister of Communication and Information Technologies met with Jamaluddin Jarjis, Minister of Science, Technology and Innovation of Malaysia.
07 July 2006 [20:46]
Europe may be fed its gas supply from and through the Caspian region as Russian gas remains shaky and investment in the Caspian region grows.
07 July 2006 [15:32]
The Azerbaijan International Operating Company's gas output more than doubled in the first half of 2006 compared to the same period of last year.
07 July 2006 [15:28]
US Deputy Secretary of Energy Clay Sell will attend the official opening of the Baku-Tbilisi-Ceyhan (BTC) main export oil pipeline in Turkey on July 13, according to Turkish reports.
07 July 2006 [15:25]
The head of the Micro Finance Bank of Azerbaijan (MFBA), a leading micro-finance provider and commercial bank of the country, will step down to take another position.
07 July 2006 [15:21]
Azerbaijan topped all other former Soviet republics for economic growth in the first five months of 2006.
07 July 2006 [02:01]
New manager of World Bank Office in Azerbaijan, Gregory Jedzejczak took his post on Thursday.
07 July 2006 [02:00]
Azerbaijani government and the World Bank are expected to sign US$29.2mn-credit agreement on the Project of Development and Crediting of Agriculture II in September this year.
07 July 2006 [01:51]
The mammoth Baku-Ceyhan pipeline from Azerbaijan to the Mediterranean is a step toward freeing Caspian oil from Russia's stranglehold but the grip will not be broken until Kazakhstan finds new export routes, analysts say.
07 July 2006 [01:45]
As of July 1, except Operating Companies and Joint Ventures, the SOCAR per se has 6157 wells in operation.
07 July 2006 [01:44]
Azerdemiryolbank JS Commercial Bank has completed distribution of multipurpose credit allocated by the Black Sea Trade and Development Bank (BSTDB).
07 July 2006 [01:22]
Azerbaijani Improtex Motors Company intends to bring new BMW X3, BMW Z4, and 3-series model-BMW Coupe models to Azerbaijan shortly.
07 July 2006 [01:20]
A board meeting took place at the Ministry of Communications and Information Technologies.
07 July 2006 [01:20]
SOCAR Marketing and Economic Operations Office had announced a competition for conduct of consulting for adaptation to ISO 9001:2000 international standards.
07 July 2006 [01:16]
On Thursday Azerbaijani State Caspian Sea Shipping Company (ACSSC) and Russian Krasnoye Sormovo Shipyard signed a document on handing-over of newly-built Koroghlu Tanker to Azerbaijan.
07 July 2006 [01:05]
The last preparation works related to the official opening of Baku-Tbilisi-Ceyhan Main Export pipeline to be held in Ceyhan port of Turkey, are ongoing.
06 July 2006 [21:06]
Obrascon Huarte Lain SA said its Czech unit OHL ZS has been awarded a 55.7 mln eur contract from the Republic of Azerbaijan government to rebuild a 24-kilometre stretch of motorway from Baku, the country's capital, to the Russian border.
06 July 2006 [20:40]
Turkey will miss an agreed deadline for starting to import natural gas from Azerbaijan, an Azerbaijan government official said Thursday.
06 July 2006 [11:42]
The Azeri State Oil Company (SOCAR) produced 4.45m tons of oil in the first six months of 2006 against the target of about 4.36m tons, or 2% over the projection.
06 July 2006 [11:40]
The automobile plant in Azerbaijan's second largest city, Ganja, has suspended its cooperation with UAZ company on manufacturing SUVs.
06 July 2006 [10:54]
Georgia oil officials announced about export of Iran's natural gas to this country.
06 July 2006 [02:24]
Oil jumped to a record high above $75 a barrel on Wednesday on strong U.S. demand and ongoing tensions over Iran's nuclear program.
06 July 2006 [02:19]
Azerbaijan is not going to re-export to Georgia natural gas bought from Russia's Gazprom.
06 July 2006 [02:13]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0.8940/$1.
06 July 2006 [01:57]
An auction on placement of short-term bonds of National Bank with the state registration number 50102712S was held at Baku Stock Exchange on Wednesday.
06 July 2006 [01:53]
Azerbaijani authorized credit institutions received 113 official appeals from the citizens about mortgage crediting within 4 months.
06 July 2006 [01:41]
1.6bn kilowatt/h of electricity was generated in energy system of Azerbaijan in June this year.
06 July 2006 [01:40]
Ministry of Taxes of Azerbaijan implemented the tax forecast by 104.2% in January-June and AZN 1026.7 mn was brought to the state budget against the forecast of AZN 985.6 mn.
06 July 2006 [01:38]
SOCAR sold 444 177 tons of diesel to Total Company of France in January-June in January-June.
06 July 2006 [01:37]
State Oil Company of Azerbaijan (SOCAR) sold 87 044 tons of gasoline to Petrofarm Company of Singapore in January-June.
06 July 2006 [01:35]
BNP Paribas Bank of France intends to join investment projects concerning improvement of infrastructure in Azerbaijan.
06 July 2006 [01:32]
Azerbaijani Improtex Marine&Sport Facilities Company plans to bring new models of Sport Bike R1, Sport Bike R6 and VMax Chopper sports motorbikes to Azerbaijan in July.
06 July 2006 [01:30]
Avtol Motors intends to bring new Cabriolet C70 model of Volvo to Azerbaijan.
05 July 2006 [20:50]
The delegation of Azerbaijan led by Minister of Finance Samir Sharifov arrived July 4 on an official visit to Turkey.
05 July 2006 [16:43]
Georgian-Azerbaijan inter-governmental economic commission will hold meeting in autumn of this year. Prime Minister of Azerbaijan Artur Rasizadeh told in the meeting with Prime Minister of Georgia, Zurab Nogaideli.
05 July 2006 [12:14]
French telecommunications major Alcatel plans to open a company in Azerbaijan, its Executive Vice-President Gerhard Richter has told journalists.
05 July 2006 [09:23]
Azerbaijani President signed order on increase of salaries of State Border Service military servicemen and civil associates.
05 July 2006 [09:13]
Azerbaijan Economic Development Ministry announces tender on repair-reconstruction of the administrative building of its regional departments.
05 July 2006 [08:37]
1.8mn tons of Azerbaijan oil was exported to the world market from Sangachal terminal in June this year.
05 July 2006 [08:30]
Azerbaijani Ministry of Communications and Information Technologies plans to make electronic all telephone exchanges in a year.
05 July 2006 [08:22]
Auction on placement of notes of National Bank will be held at BSE July 5.
05 July 2006 [08:19]
Azerbaijan purchased 325.6mn cubic meters of gas from Russian Gasexport Company in June this year.
04 July 2006 [21:21]
Although Barmek announced stop of its activity in Azerbaijan yesterday after unilateral cancellation of the agreement, it will continue services by giving up all works.
04 July 2006 [16:20]
A mobile plant for recycling missile fuel, commonly known as melange, was commissioned on Tuesday in the settlement of Alyaty, 80 kilometers south of capital Baku.
04 July 2006 [15:29]
State Oil Company of Azerbaijan Republic (SOCAR) received about 325.6 million cubic meters of gas from Russian company "Qazeksport" in June of this year.
04 July 2006 [10:02]
Azerbaijan State Caspian Sea Shipping Company carried 7.06 mln tons of shipment through marine transport in January-June.
04 July 2006 [09:36]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN average weighted rate was AZN 0.8943/$1.
04 July 2006 [09:33]
Azerbaijan State Caspian Sea Shipping Company was awarded European Quality-international prize of the Europe Business Assembly.
04 July 2006 [09:29]
Rate of Azerbaijani manat to USD rose 0.4% and exchange rate rose AZN 0.8986 to AZN 0.8950 per USD at Baku Interbank Currency Exchange (BICEX) in June.
04 July 2006 [09:25]
The Organization for Economic Cooperation and Development (OECD) estimated Azerbaijan's risk level on long and medium term credits by 5 points.
04 July 2006 [08:59]
Azerbaijani Ministry of Taxes intends to complete preparation for conversion to the system of general tax declaration of the population by 2008.
03 July 2006 [22:21]
Prisoners of Gobustan detention place started hunger strike from June 26.
03 July 2006 [19:11]
Azerbaijan will start building a technology park and a university in 2007 with a joint Azerbaijani and Swedish research center, officials said Saturday.
03 July 2006 [16:09]
All property and bank accounts of Barmek-Azerbaijan Electricity Network LLC have been seized at claim raised by the Economic Court of Azerbaijan and Economic Development Ministry.
03 July 2006 [03:01]
Azerbaijan-Finland business forum will be held in autumn in Helsinki.
03 July 2006 [02:57]
Nokia plans to open new regional network in the nearest future.
02 July 2006 [18:30]
Gazprom [RTS: GAZP] plans to buy an Iran-Armenia pipeline currently under construction, a deputy chairman of the Russian energy giant said Friday.
02 July 2006 [18:23]
The ship repair plant is scheduled to be constructed in Garadagh district of Baku.
02 July 2006 [18:19]
The event aims to give insight into issues concerning the international reporting standards.
02 July 2006 [18:17]
The course on social dialogue will be conducted from July 24 to August 4 at the International Labour Organization's International Training Center in Turin, National Confederation of Employers' (Entrepreneurs) Organizations said.
02 July 2006 [18:15]
According to the State Committee for State Property Management, Azkompozit company became a winner of the investment contest for purchasing Sumgait Senaye Istehsal joint-stock company.
02 July 2006 [18:14]
Catalytic reforming unit producing high-octane gasoline was suspended for repairs at the Baku Oil-refining Plant. Repair work is scheduled to be completed July 21.
02 July 2006 [18:12]
To increase gas production in 2007, State Oil Company of Azerbaijan (SOCAR) will lay a new high-pressure gas pipeline to exploit the wells in the Guneshli field.
01 July 2006 [22:05]
Economic Development Minister Heydar Babayev met with Deputy Foreign Minister of the Arab Republic of Egypt Mrs. Fatma al-Zakhra on June 30.
01 July 2006 [21:19]
"Mercedes-Benz" new dealer in Azerbaijan Saba Cars Company's exhibition hall opening ceremony was held.
01 July 2006 [21:06]
Bank Standard has opened one more branch office in the Azerbaijani capital of Baku.
01 July 2006 [20:57]
Iran will not be able to meet the natural gas needs in both the peace pipeline and the European Union's Nabucco project concurrently unless the demand for gas in both pipelines are lowered, said an Iranian Oil Ministry official Saturday.
01 July 2006 [10:32]
Azerbaijani Economic Development Ministry sued the Barmek-Azerbaijan Electricity Distribution LLC.
01 July 2006 [09:48]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN average weighted rate was AZN 0.8950/$1.
01 July 2006 [09:41]
Analyses of the household activity of Azerbaijani population by Azerbaijani State Statistical Committee showed that 54% of people's income came from employment and self-employment, 17% from agricultural activities, 1.4% from property and leasing, 12.3% from pensions and social allowances, 15.3% from other spheres in first quarter of 2006.
01 July 2006 [09:12]
Chairman of Azerbaijan Calculation Chamber, Namig Nasrullayev, will attend VII meeting of heads of CIS countries Supreme Finance Supervisory Bodies to be held in Minsk on September 3-5.
01 July 2006 [08:52]
Armenians extract nearly 3 tons of gold from the "Soyudlu" gold deposit in the occupied Azerbaijani region of Kalbajar every year.
30 June 2006 [21:23]
Azerbaijani Deputy Foreign Minister Vagif Sadikhov held a press conference on the 33rd session of the Islamic Conference of Foreign Ministers which took place in the Azerbaijani capital of Baku from June 19 to 21, 2006.
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