Business
12 July 2007 [13:24]
Last month price index in real estate market of Baku rose 0.5% or (1.1 steps) to stand at step 305.5, “Estate market attendees” public union told.
07 July 2007 [00:47]
The documents on the establishment of Azerbaijan Deposit Insurance Fund have already been submitted to the Justice Ministry.
29 June 2007 [12:08]
The National Bank of Azerbaijan’s decision to convert to “information rule” from “permission rule” for liberalization of capital movement allows capital outflow to the countries having mutual investment agreements.
14 June 2007 [14:28]
World Bank’s senior energy economist Bjorn Hamso will lead an energy mission to Baku on June 18.
14 June 2007 [14:27]
International Bank of Azerbaijan is planning to receive the fifth syndicated loan of $140 million to $150 million by this year’s end.
14 June 2007 [14:27]
European Union is to grant ?20 million to Azerbaijan this year.
14 June 2007 [14:25]
Improtex Marine & Sport Facilities, an official distributor of Japan’s Yamaha and UK’s Princess companies in Azerbaijan, intends to bring 5 Antares 650 yachts to Azerbaijan by this year’s end.
11 June 2007 [10:27]
06 June 2007 [11:00]
The total of deposits put with Azeri banks by Azerbaijani nationals amounted to AZN 908.4 million at April 1, 2007, up 66.6% from the same period last year.
06 June 2007 [10:59]
20.5 million barrels of crude oil was pumped to the world market via the Baku-Tbilisi-Ceyhan pipeline during May, said BP-Azerbaijan spokeswoman.
06 June 2007 [10:58]
The average monthly salary stood at AZN 166.1 during January and April, 25.8% higher than a year earlier.
01 June 2007 [17:09]
Azerbaijan Mortgage Fund (AMF) has used the 2006 budget-allocated AZN 26.5 million plus AZN 0.5 million earnings to finance mortgage loans.
01 June 2007 [17:03]
The Caspian Integration Business Club (CIBC) members have today met with Aydin Aliyev, chairman of the State Customs Committee.
01 June 2007 [17:02]
The Islamic Development Bank (IDB) is to lend a $100mln loan to Azerbaijan.
01 June 2007 [17:00]
24,000 vehicles were imported to Azerbaijan for the period of January-April, said Safar Mehdiyev, deputy chair of the State Customs Committee.
01 June 2007 [16:53]
Baku hosted a workshop on cooperation between Azerbaijan and South Korea in electricity generation.
01 June 2007 [15:08]
"The process of establishing a Guarantee Fund under Azerbaijan Mortgage Fund is complete. The charter and legal framework are ready too. The draft will be submitted to the Cabinet of Ministers and onward to the President for approval," said Faig Mammadov, the Executive Director of Azerbaijan Mortgage Fund.
01 June 2007 [14:55]
Azerbaijan-Germany Energy Forum will be held in Baku in July, 2007, Azerbaijani Embassy in Germany told.
01 June 2007 [13:46]
From March, 2006 to May, 2007 Azerbaijan Mortgage Fund (AMF) has lent AZN 50 million in mortgage loan.
01 June 2007 [13:15]
The Coalition Supporting Civil Society and the National Confederation of Entrepreneurs (Employers) have today held a roundtable in Baku to discuss the part business play in civil society development in Azerbaijan.
01 June 2007 [08:11]
Foreign experts fear that increasing budget expenditures will push up inflation in Azerbaijan. Surely, inflation mushrooms when there is money in great amount, said Ziyad Samadzade, chair parliament commission for economic policy.
01 June 2007 [08:07]
Azerbaijan's Bank Respublika has installed the first euro ATM in Azerbaijan.
01 June 2007 [08:06]
The services consumed by population during January-April amounted to AZN 623.2 million, up 33.5% from the same period last year.
01 June 2007 [08:05]
Baku Business Center has today hosted the second exhibition of young entrepreneurs.
01 June 2007 [08:04]
Azerbaijan's Azrgarant Insurance Company increased its authorized capital 43% to AZN 1 million.
01 June 2007 [08:03]
On May 31, Micro Finance Bank of Azerbaijan (MFBA) got a $5 million loan from the OFID International Financial Fund (The Opec Fund for International Development operating with OPEC – the Organization of Petroleum Exporting Countries).
01 June 2007 [08:00]
Azerbaijan has increases the limit for families to get targeted social assistance benefit by 14.3% to AZN 40 effective July 1.
01 June 2007 [07:58]
The 31st meeting of CIS Intergovernmental Council for Standardization, Metrology and Patents will take place in Dushanbe on June 3-4.
01 June 2007 [07:55]
The State Committee for Securities registered Atlantbank's issue prospectus for ordinary book-entry stocks.
01 June 2007 [07:54]
Baku Stock Exchange has held an auction for the placement of the National Bank's short-term notes with registration number 50102216S, total volume 80,000,000 manats, face value per note 200 manats, and turnover period 28 days.
01 June 2007 [07:53]
State Oil Company's 28 May Oil and Gas Production Unit has brought Well #162 online in platform #8 in Guneshli Field in the Azerbaijani sector of the Caspian Sea.
01 June 2007 [07:52]
Israel's Oil Refineries LTD has won a contest announced by the State Oil Company of Azerbaijan (SOCAR) for exportation of REBCO (Russian Export Blend Crude Oil) from Novorossiysk Port.
01 June 2007 [07:50]
Rovnag Abdullayev, President of the State Oil Company of Azerbaijan, has met with Rudi Lamprecht, Member of the Managing Board at Siemens AG, visiting Azerbaijan.
01 June 2007 [07:49]
More than 3,000 government, worker and employer leaders are to meet from 30 May to 15 June for the annual Conference of the International Labour Organization (ILO) in Geneva to discuss issues ranging from decent work and development to child labour in agriculture, work in the fishing sector, equality at work, forced labour and the promotion of sustainable enterprises.
01 June 2007 [07:48]
Azerbaijan Industrial Bank plans to join five international money transfer systems by this year's end- Migom, PrivateMoney, Blizko, Bistraya Pochta and Express Money.
01 June 2007 [07:46]
As of April 1, Nikoil's assets stood at 75.889 million, up 93.3% from the same period last year.
01 June 2007 [07:45]
Applicants had interview for German Universities through Scholarship Program funded by the State Oil Company of Azerbaijan.
31 May 2007 [21:49]
World Food program could halt providing Azerbaijan IDPs with food in September, Logistics officer of WFP Azerbaijan Fuad Guseynov told.
31 May 2007 [18:35]
State Agency for Standardization, Metrology and Patents is working on standards for national products.
31 May 2007 [17:03]
UniBank will remove the slogan "Your Supporting Point" from all commercials after Azer-Asia Insurance Company announced it will sue UniBank for misappropriating its motto.
31 May 2007 [16:57]
President of Azerbaijan Ilham Aliyev received Mr. Rudi Lamprecht, member of the Corporate Executive Committee of the company Siemens AG.
31 May 2007 [16:45]
President of Azerbaijan Ilham Aliyev received Mr. Pramod Mittal, President of the company Global Steel.
31 May 2007 [15:36]
The delegation led by Alain Azouaou, Director General of Gaz de France has today been received at the Industry and Energy Ministry of Azerbaijan.
31 May 2007 [13:33]
Annual regional conference "Combating corruption and institutional reforms in transition countries" on European and Central Asian countries is held in Baku today.
31 May 2007 [12:30]
The International Monetary Fund]s May 2007 Regional Economic Outlook: Middle East and Central Asia (REO) sees continued strong growth in the Caucasus and Central Asia, but highlights the need for vigilance against inflationary pressures and excessive external borrowing.
31 May 2007 [08:56]
The European Union offered Azerbaijan to cut import duty on all types of goods to 15% within the scope of WTO accession.
31 May 2007 [08:54]
Azerbaijan's Industry and Energy Minister Natig Aliyev has today met with Brazilian ambassador Cesario Melantonio Neto.
31 May 2007 [08:53]
AZERFON LLC (Nar Mobile TM ) is always concerned about subscribers' maximum convenience and easy establishment of communication and continues to propose efficient prices in the market.
31 May 2007 [08:36]
The USAID will allocate $3.7 million to strengthen Azerbaijan's trade potential, said the deputy U.S. Ambassador Mr. Donald Lu.
31 May 2007 [08:31]
The State Committee for Securities has registered Azer-Turk Bank's issue prospectus for book-entry inscribed stocks.
31 May 2007 [08:28]
Nikoil Bank will open a branch in Nizami District, Baku June 8.
31 May 2007 [08:26]
Bank Standard is going to roll out a unique banking product GancKart deposit card, which is the first brand for youth.
31 May 2007 [08:24]
Azerbaijan's government commission for WTO accession will meet in new composition June 6.
31 May 2007 [08:17]
An ambitious infrastructure upgrade campaign has taken Azerbaijan by storm in recent months, but some economists point to the 2008 presidential vote as the prime reason for the state-funded building boom and question the projects' transparency.
31 May 2007 [08:13]
Azerbaijan's Gandjabank intends to join Travelex and Allur international money transfer systems in a few days.
31 May 2007 [08:13]
Communications services provided for the legal entities and individuals in Azerbaijan amounted to AZN $192.7 million during January-April, up 17.3% from the same period last year.
31 May 2007 [08:11]
The National Budget Group released a statement, saying Azerbaijan's state budget get more and more dependent on oil revenues.
31 May 2007 [08:07]
Trial on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and six more company officials, who are accused of abuse of power, embezzlement and negligence of court judgments, is being continued under judge Sadraddin Hajiyev at the Graves Crime Court.
30 May 2007 [22:39]
Azerbaijan has since yesterday restarted pumping natural gas to Georgia.
30 May 2007 [22:27]
16 insurance and 2 broker companies have today held a job fair for graduates of Azerbaijan State Architecture and Construction University (ASACU) and State Economics University.
30 May 2007 [22:20]
The Caspian Integration Business Club members have today met with Alikhan Malikov, chair of Azerigas-the State Gas Company of Azerbaijan.
30 May 2007 [21:52]
Deputy Economic Development Minister Mikayil Jabbarov has today led a business leadership delegation to Los Angeles to attend t the U.S.- Azerbaijan Business Forum May 31.
30 May 2007 [14:31]
Azerbaijan is working to soften duties for currency outflow abroad, said the Economic Development Ministry officer, Adalat Muradov.
30 May 2007 [14:20]
"The number of regional broadcasters will increase in Azerbaijan in the nearest future, said the National Television and Radio Council chairman Nushiravan Maharramli."
30 May 2007 [13:25]
Southern District Court of New York has dismissed the request filed by Frontera Resources Azerbaijan Corporation against State Oil Company of Azerbaijan (SOCAR), demanding collateral of its assets, said Irene Dallas, a representative of UK Dallas & Co Solicitors law firm representing Frontera in arbitration.
30 May 2007 [13:09]
Rudi Lamprecht, Member of the Managing Board at Siemens AG, has arrived in Azerbaijan. German embassy in Baku told that Mr. Lamprecht will have meeting with Azerbaijan's President Ilham Aliyev, Health Minister Ogtay Shiraliyev, SOCAR President Rovnag Abdullayev and Azerenergy leadership.
30 May 2007 [08:53]
Azerbaijan has nominated its representative to the Coordination Council of the Baku-Tbilisi-Kars Railway Project.
30 May 2007 [08:52]
As of April 1, Azerbaijan's Gandjabank raised its assets to AZN 19,195,406, 4.1 times higher than the same period last year.
30 May 2007 [08:51]
Azerbaijan Industrial Bank intends to install 15 ATMs and 100 POS terminals in Baku by the year-end.
30 May 2007 [08:49]
The second meeting of the Transport Coordination Council of the Economic Cooperation Organization will take place in Baku in autumn.
30 May 2007 [08:48]
The Cabinet of Ministers will approve state-owned biggest companies' estimate of income and expenditure in the nearest future.
30 May 2007 [08:42]
AzerEnergy, the State Electricity Company of Azerbaijan, has submitted Draft Program for Domestic Energy Network Reconstruction to the Government for approval.
30 May 2007 [08:41]
In early April the Baku-Tbilisi-Ceyhan (BTC) pipeline celebrated the lifting of the 100 millionth barrel of oil from the Ceyhan Terminal in Turkey. Since last June, 131 million barrels (17.6 million tonnes or 165 taker loadings) have been exported via BTC.
30 May 2007 [08:38]
During the first three months of 2007, we spent $12 million of the planned $41 million doe capital expenditure on South Caucasus activities in 2007, BP-Azerbaijan President Bill Schrader told a 2007 first quarter results media briefing.
30 May 2007 [08:30]
Azerbaijan has drilled the deepest gas well at its Shakh Deniz field in the Caspian Sea, the exploration and drilling manager of BP-Azerbaijan said Tuesday.
EU acknowledges strategic significance of Baku International Sea Trade Port in Middle Corridor
Weapons & ammunition discovered in Khankendi
South Korea conducts live-fire exercises near borders of DPRK
TikTok closed in Kyrgyzstan
Azerbaijani Army units conduct inspection in military equipment
Azerbaijan's AccessBank joins UN Global Compact
Navigating challenges in Azerbaijan's trade turnover amidst global uncertainties