Business
03 May 2005 [13:54]
30 big buses have been brought to Azerbaijan from abroad.
03 May 2005 [13:29]
Azerbaijan International Bank (AIB) intends to strengthen the leadership of the country in plastic cards market.
03 May 2005 [13:27]
The antimonopoly code is under development in Azerbaijan.
03 May 2005 [13:20]
The financial police of Georgia informed BP Azerbaijan about incut to pipeline Baku-Supsa, which transports oil from Azerbaijan field "Azeri- Chirag-Guneshli".
30 April 2005 [16:30]
Presently, court examination between the ministry of ecology and natural resources of Azerbaijan and Gobustan Operational Company is proceeding.
30 April 2005 [16:28]
The highest quantity of oil to be produced in 2005 in Azerbaijan - 20 mln 293 tons.
30 April 2005 [15:07]
Investment Company DEG, the member of the group of German bank of development KfW, announced its plans on middle term investments to financial sector of Azerbaijan.
29 April 2005 [16:24]
After request of Georgia State Oil Company of Azerbaijan SOCAR is ready allocating to this state additional volume of diesel fuel.
29 April 2005 [15:49]
The session of management board of organization ECOSAI (Organization of Supreme Bodies of Financial control of states of Economic Cooperation Organizations ECO) has launched 28 April, in Baku.
29 April 2005 [15:36]
The president of State Oil Company of Azerbaijan Natik Aliyev appointed by his decree the new vice-president of the company.
29 April 2005 [15:05]
German investment company DEG, entering group of companies of German bank of development KfW, allocated credit line to Azerbaijan bank "Respublika".
28 April 2005 [19:46]
International Monetary Fund compiled the rating list of world states according to the level of national income per person.
28 April 2005 [18:44]
Bilateral agreement on joining of Azerbaijan post network to above indicated system of money orders is to be signed between the state enterprise "Azerpochta" and system of International money orders Western Union in the second half of 2005.
28 April 2005 [18:32]
Absence of interest to securities is directly connected with their low rate of profitability.
27 April 2005 [18:29]
Three main factors influence on growth of inflation in Azerbaijan.
27 April 2005 [17:45]
The employee of American McDermott, which is operator of BP Azerbaijan and conducts construction of underwater pipelines, died during accomplishment of works at specialized ship "Israfil Huseynov".
27 April 2005 [17:24]
The European Union intends starting development of new middle term plan.
27 April 2005 [17:17]
Several British companies are to start operation of gold mines, discovered in Kedabek region of Azerbaijan.
27 April 2005 [17:00]
The wages of employees of the budgetary organizations and social benefits will increase in Azerbaijan, Azerbaijani President Ilham Aliyev stated in an opening ceremony of the Olympic Complex in Shamakhi District, central Azerbaijan, on Tuesday.
26 April 2005 [14:06]
Five draft new inter-governmental and inter-departmental documents on cooperation have been prepared between Azerbaijan and Kazakhstan, diplomatic sources told Trend.
26 April 2005 [14:01]
Around 2 million tourists are expected to your Azerbaijan in 2005, the Ministry of Youth, Sports and Tourism told Trend.
26 April 2005 [13:54]
American ExxonMobil completed ecological researches by results of drilling of the first exploration well at prospective structure "Zafar- Mashal", the agency Trend reports, ExxonMobil informed about this. Company is operatorof the project with 30% of shares.
26 April 2005 [13:09]
The Ganja car plant produced 103 cars for the first quarter of this year.
23 April 2005 [08:55]
For three months of 2005 the volume of external turnover of Azerbaijan was $1,6 bln.
22 April 2005 [19:23]
"Silk Way Airlines" Azerbaijan company got permission for transporting international humanitarian freights.
22 April 2005 [19:11]
"Salyan Oil" company began to meet the worker's needs.
22 April 2005 [17:57]
Establishment of transport system for transportation of Kazakhstan oil up input flange of pipeline Baku-Tbilisi-Ceyhan (BTC) between two states is estimated by experts twice cheaper than it has been stated previously during round of negotiations between two states.
22 April 2005 [17:38]
In 2005 the Azerbaijani public budget grew approximately 30%, Azerbaijani President Ilham Aliyev told a meeting dedicated to the economic results of the first quarter of 2005.
21 April 2005 [16:43]
Azerbaijan and representatives of BTC Co. at today stage of negotiations with Kazakhstan party agree in the text of future intergovernmental agreement between two states about pumping of Kazakhstan oil by pipeline Baku-Tbilisi- Ceyhan (BTC).
21 April 2005 [16:41]
Georgia expressed its wish to increase future contract purchase of natural gas from Azerbaijan field Shah-Deniz.
21 April 2005 [16:27]
Effectiveness of operation of platform, installed in the central part of field Azeri is 84.2%, and its production presently exceeded 2,076 mln barrels of oil, the agency Trend reports, press release of Azerbaijan International Operating company (AIOC) informs about this.
20 April 2005 [17:03]
Companies do not show active interest in exhibition "TRANSCASPIAN 2005".
20 April 2005 [16:52]
Yesterday the president of Azerbaijan International Operation Company (AIOC) David Woodward and the heads of projects operator of which is "bp Azerbaijan" company held a press conference dedicated to the result of work done in the first quarter of this year.
20 April 2005 [16:51]
The head of the company Palmali, operating in Turkey, Mubariz Mansimov invested for construction of dairy factory in Lankoran an amount of 4 mln EURO. The agency Trend reports, the head of Executive power of Lankoran Zeynal Nagdaliyev informed about this.
20 April 2005 [16:29]
"British Bank" doesn't have intention to restore its activity in Azerbaijan.
20 April 2005 [16:22]
State Oil Company of Azerbaijan Republic (SOCAR) will export 85 thousand tons oil via Baku-Novorossiysk oil pipeline in May.
20 April 2005 [16:16]
Two agreements on transit of Kazakhstan oil are to be signed between Baku and Astana by end of year, which is to pass via territory of Azerbaijan. The agency Trend reports, the president of State Oil Company of Azerbaijan Republic (SOCAR) Natik Aliyev informed.
19 April 2005 [14:17]
Budget incomes of State Oil Fund of Azerbaijan Republic (SOFAR) was 364.6 billion manats, its budget expenses 221.0 billion manats in January-March of 2005.
19 April 2005 [14:14]
Participants of the project for development of Kashagan oil field in Kazakhstan consider several options for the export of oil from the contract area.
19 April 2005 [14:12]
Azerbaijan and Kazakhstan parties started next negotiations about joining of Kazakhstan to the project Baku-Tbilisi-Ceyhan (BTC) and preparation of the text of inter-governmental agreement between both states, 18 April, at Hyatt Regency in Baku.
19 April 2005 [13:38]
Azerbaijan has realized during January-February 2005 ex?ort-im?ort o?erations with 103 countries of the world against 119 countries in 2004 and 124 countries in 2003.
19 April 2005 [13:35]
The em?loyees of different institutions of the Ministry of economic develo?ment ?artici?ated at the ?rogram of young s?ecialists from the mid 2004 till beginning of 2005.
16 April 2005 [12:17]
The delegation of CSS of OC "Kazmunaygaz" is to arrive to Baku, Sunday.
15 April 2005 [16:44]
Five companies, participants of the project on development of the field "Shah-Deniz", will get privilege tariff on pumping of condensate by pipeline Baku-Tbilisi-Ceyhan (BTC), the agency Trend reports, projects sources informed.
15 April 2005 [16:27]
Yesterday President Ilham Aliyev received president of Azerbaijan International Operation Company (AIOC) David Woodward.
15 April 2005 [16:10]
French experts are studying opportunities for establishment of winter tourism in Azerbaijan, the Tourism Department of the Ministry of Youth, Sports and Tourism told Tend.
13 April 2005 [14:47]
Milli Mejlis is to reconsider state budget for 2005, and to increase predicted oil price during its compilation (by $25 dollars per barrel).
13 April 2005 [14:36]
CDMA technology is to be introduced during 2005 in Apsheron peninsula.
12 April 2005 [13:47]
President Ilham Aliyev signed an order today within the appointment of Elman Rustamov to the post of the chief of the Administrative Staff of National Bank.
12 April 2005 [13:22]
Drilling of 14 wells has been completed with starting of 20 another once, according to Azneft Corporation.
09 April 2005 [17:24]
Azerbaijan plans to sign an agreement on frees trade with United Arab Emirates and other countries of the Persian Gulf, Dubai-based newspaper Khaleej Times reports interviewing Elmar Mammadyarov, the Azerbaijani Foreign Minister.
09 April 2005 [17:11]
122 hotel, 14 motel, 102 hotel typed objects activated in the country in 2004. In hotels and hotel typed objects 213, 3 thousand persons or 45, 9% more tourists were placed in comparison with 2003.
09 April 2005 [17:09]
Experts of the Russian company Sibirneft are involved in studying the economy of the project on pumping oil from Russia via the Baku-Tbilisi-Ceyhan (BTC) main export oil pipeline.
09 April 2005 [16:35]
The European Bank for Reconstruction and Development (EBRD) set up development of joint projects with the operators of the financial markets in Azerbaijan, Raymond Konway, the head of the Baku office of the EBRD told Trend.
09 April 2005 [16:30]
70 million dollars allocated to "Excelsior Hotel" that will start activating in May.
09 April 2005 [16:29]
Azerbaijan Airlines - "AzAL" State Company is going to buy new planes.
09 April 2005 [16:18]
Different companies displaced interests in Azeraluminum JSC, Farhad Aliyev, Minister for Economic Development, told journalists on Friday.
09 April 2005 [15:12]
The European Bank for Reconstruction and Development is leading the first international syndicate to lend $5 million to a private bank in Azerbaijan, as part of efforts to encourage the Caspian seaside nation to foster competition in the banking sector and to further diversify the non-oil sector of its economy.
08 April 2005 [16:06]
The ministry of youth, sport and tourism plans reaching number of tourist arriving to the sate up to 3 mln, in the nearest 5-6 years, the agency Trend reports 7 April, the minister of youth, sport and tourism Abulfaz Garayev informed at the opening ceremony of international exhibition "Tourism and travels".
08 April 2005 [14:58]
During the first quarter of 2005 the Azerbaijan International Operating Company (AIOC), which involved in the development of the Azeri-Chirag- Gunashli (ACG) contract area, exported 1,851 million tons of oil, or 334,000 tons more than 2004.
08 April 2005 [14:50]
In the first quarter of 2005 the Azerbaijan International Operating Company (AIOC), which involved in the development of the Azeri-Chirag-Gunashli (ACG) contract area, produced 2,033 million tons (15,049 million barrels) of Azeri Light oil, the AIOC told Trend.
07 April 2005 [15:14]
The Asian Development Bank (ADB) presented a Review on Development of Asia in Baku office of the bank on Wednesday. Attending the ceremony were Mettiew Westfol, ADB County Director and Joseph Zveglich, ADB senior economist on country program, Trend reports.
07 April 2005 [15:04]
IV Azerbaijan International Tourism and Travel Exhibition will start its work by the organization of "Iteca Caspian" which is an exclusive partner of "Ite Group" of Great Britain in Caucasus.
06 April 2005 [15:18]
US oil company ChevronTexaco Corp. will purchase Unocal Corp. at $18bn, ChevronTexaco announced. The deal is paid at the expense of shares (75%) and in cash (25%).
06 April 2005 [14:48]
The Transport Ministers of Azerbaijan, Georgia and Turkey will hold a meeting in Istanbul, Turkey, late April - early May.
06 April 2005 [09:00]
Today Ambassador of USA to Baku Reno Harnish will attend the opening of the first southern region Marketing Center of the Azerbaijan Business Assistance and Development (ABAD) project in Jalilabad.
05 April 2005 [09:25]
In compliance with the payment balance of Azerbaijan for 2004, in 2004 Azerbaijan exported $3096.3m worth of oil and oil products, which 82.7% of all export ($3743m).
05 April 2005 [09:18]
In accordance with the 2004 payment balance of Azerbaijan, last year $4575.5m was invested in the country's economy, which 35.7% up as compared to 2003 ($3371m).
03 April 2005 [18:09]
Exhibition on International Transport and Logistics will be held in Baku on April 20-22.
03 April 2005 [17:43]
Yesterday an economical forum with the participation of businessmen representing different spheres of economy was held in the International Business Center.
02 April 2005 [16:41]
The world oil prices might reach $100 per barrel shortly, according to Investment bank Goldman Sachs publicized forecasts.
02 April 2005 [16:36]
A new general plan of Baku is being developed with close cooperation with the specialists from foreign countries such as Germany, France and Japan, Trend report quoting Akif Abdullayev, the senior architect of Baku.
02 April 2005 [16:11]
Every passenger of the metro is under strict control to ensure the security, Tagi Ahmadov, the head of the Baku Metro Production Association told a news conference held on Friday.
01 April 2005 [14:42]
An economic conference on Azerbaijan will be held in Berlin, Germany, on 31 May 2005, the Secretariat of the Council of Entrepreneurs at the Azerbaijani President told Trend.
01 April 2005 [14:25]
An issue on the establishment of the Azerbaijani President's Reserve Fund will be considered during the discussions of the draft law on Budgetary System in a spring session of the Milli Majlis [parliament], Fazil Farajaliyev, the head of the Budget Management Department of the Finance Ministry told Trend.
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