Business

01 April 2010 [14:32]

Gazprom official: Favorable conditions created for business development in Azerbaijan

Favorable conditions have been created for business development, well-known businessman Alisher Usmanov said.
31 March 2010 [15:28]

Azerbaijani official: Global crisis facilitates process of WTO admission

The Azerbaijani government plans to send new proposals on goods and services to the World Trade Organization (WTO) Secretariat as part of its negations to join the WTO, Chief Negotiator and Deputy Foreign Minister Mahmud Mammadguliyev said.
30 March 2010 [11:18]

Head of RWE Business Development: Nabucco is the most competitive project in the Southern Corridor

Interview with Jeremy Ellis, Head of Business Development, RWE Supply & Trading, Essen (Germany).
29 March 2010 [14:33]

Azerbaijan sees 8.5-percent rise in oil production

Oil production in Azerbaijan dropped in February as compared to January of the current year.
20 March 2010 [10:15]

President Ilham Aliyev inspected Oil clean-up operations - PHOTOS

Yesterday, President Ilham Aliyev inspected clean-up and greening operations in the territory of the Bibiheybet oil and gas producing department.
19 March 2010 [14:29]

Romania interested in Azerbaijan's energy sector

Romania has expressed interest in Azerbaijan's energy sector.
18 March 2010 [18:32]

New BMW 5 Series cars exhibition was held in Baku - PHOTOS

On the eve of Nowruz holiday, official BMW AG importer in Azerbaijan – Improtex Motors company held a presentation of the new BMW 5 series. The presentation was held in company’s main showroom.
18 March 2010 [10:22]

ABA president: Azerbaijani banking system has successfully built relations with internationall financial institutions

Azerbaijan's dynamic development calls for accelerating systemic banking sector reform, including the introduction of new banking technologies, expansion of banking services and wider involvement of economic actors to banks handling funds.
15 March 2010 [15:44]

Azerbaijani, Slovak businessmen meet in Baku

Azerbaijani and Slovak business people have come together in Baku to explore prospects for cooperation in a variety of fields.
12 March 2010 [16:35]

Azerbaijan, Bulgaria consider project on compressed gas supply to Europe

The State Oil Company of Azerbaijan Republic (SOCAR) continues negotiations on the transportation of compressed natural gas (CNG) to Europe.
11 March 2010 [00:08]

Ganja automobile plant to launch production of communal vehicles

Ganja Automobile Plant (Azerbaijan) and German Haller Company signed a protocol of intention for production of communal equipment on basis of MAZ cars, assembled at the plant in Azerbaijan, director of Ganja automobile plant Hanlar Fatiyev said.
10 March 2010 [18:29]

President Ilham Aliyev receives RWE AG's chairman of management board

President of Azerbaijan Ilham Aliyev has today received Chairman of the Management Board of RWE AG Juergen Grossmann.
10 March 2010 [16:44]

Libyan-Azerbaijani business forum held in Tripoli

Libyan-Azerbaijani business forum took place in Tripoli.
10 March 2010 [14:39]

RWE: Developing perspective offshore Nakhchivan field in Azerbaijan to contribute to Nabucco project

Development of perspective offshore structure Nakhchivan by German RWE can contribute to implementation of Nabucco project, RWE board chairman Juergen Grossmann said today in Baku.
10 March 2010 [13:24]

German RWE signs memorandum on perspective offshore field development in Baku

SOCAR (State Oil Company of Azerbaijan) and German RWE signed a memorandum of understanding for perspective offshore Nakhchivan field in the Azerbaijani sector of the Caspian Sea.
10 March 2010 [10:05]

Azerbaijan government to introduce Euro-2 standards

Azerbaijani Cabinet of Ministers has made a decision to bring the requirements on emissions of hazardous substances by cars into conformity with the European standards.
08 March 2010 [15:30]

Azerbaijan State Caspian Sea Shipping Company expects the cost of Azerbaijani marine vessels to be lower than world level

The Azerbaijan State Caspian Sea Shipping Company expects reduction of costs in connection with refuse of purchase of vessels abroad.
08 March 2010 [14:48]

Azerbaijan develops new strategy of development of electronic payment systems

The Central Bank of Azerbaijan (CBA) is going to stimulate the further development of electronic payment system of the country.
05 March 2010 [18:09]

Azerbaijani President opens newly-reconstructed Dalga enterprise

President Ilham Aliyev has today attended opening of newly-reconstructed Dalga enterprise of the Defense Industry Ministry`s Ufug Production Association.
05 March 2010 [16:34]

Central Bank: 15-20 banks enough for Azerbaijan

15-20 banks are enough for the economy of Azerbaijan, Alim Guliyev, First Deputy Chairman of the Board of the Central Bank of Azerbaijan (CBA), reported on Friday.
05 March 2010 [08:24]

Korean transport minister to discuss infrastructure projects in Baku

Minister of Land, Transport and Maritime Affairs of Korea Chung Jong-Kwan will visit Baku on March 10-12, the ambassador of Korea to Azerbaijan Lee Ji-Ha briefed the media on March 4.
04 March 2010 [18:49]

SOCAR President meets UK energy minister

President of Azerbaijan state-run energy company, SOCAR, Rovnag Abdullayev met Wednesday visiting Lord Hunt, UK Minister of State for the Department of Energy and Climate Change.
04 March 2010 [18:18]

Baku hosts twinning project seminar

A twining project seminar entitled “Legislation Process and Cooperation between Executive Authorities and Parliament: experience of European Union member countries” was held here on Wednesday.
04 March 2010 [15:06]

IDB president: Bank's activity in Azerbaijan appraised as positive

Interview with President of the Islamic Development Bank (IDB) Dr. Ahmad Mohamed Ali Al-Madani.
04 March 2010 [11:47]

Azerbaijan's national oil company studies possibility of introducing GIS in oil industry

The State Oil Company of Azerbaijan Republic (SOCAR) considers the proposal of the Integris Company on the introduction of geographic information systems (GIS) in the oil and gas companies, the company said.
04 March 2010 [10:38]

WB-Azerbaijan partnership strategy with government and NGOs to be discussed in April

The process of development of new Country Partnership Strategy (CPS) is still at preliminary stage.
03 March 2010 [22:10]

Caspian security to be discussed in Baku

There are plans to hold next meeting at the level of deputy foreign ministers of the Caspian countries in Baku on March 11-12, Deputy Foreign Minister of Azerbaijan Khalaf Khalafov briefed the media on March 3.