Business
15 March 2007 [23:04]
Azerbaijan President Ilham Aliyev has issued an executive order on approval of the PSA between SOCAR, SOCAR Joint Company and RussNeft on the development and restoration of the Zigh and Hovsan onshore oilfield.
15 March 2007 [23:03]
Autostar Caucasus, dealing with the selling and service of Mercedes-Benz, Chrysler and Jeep in Azerbaijan, displays C-280 and CL-500 models of Mercedes on the Fourth Azerbaijan International Automotive Exhibition-AutoShow Azerbaijan-2007.
15 March 2007 [23:00]
A man deceiving people claiming that a description of the Prophet Muhammad (s) appeared on the pavement has been detained near Neftchiler metro station by Nizami district policemen.
15 March 2007 [22:51]
"The buildings constructed without the relevant project of the country will not be included into the state registry," warned Arif Garashov, Chairman of the State Real Estate Registry Service.
15 March 2007 [22:48]
IFC and Rabitabank have signed an agreement to open a $2 million credit line for the bank on-lending to small, medium-size and micro enterprise.
15 March 2007 [17:42]
Nihad Motors has already imported 10 buses for in-city public transportation in Baku.
15 March 2007 [16:40]
Azerbaijan Real Estate Registry Project is expected to be approved by the World Bank Board of Directors.
15 March 2007 [15:56]
On March 15, USAID's SME Support through Financial Sector Development Project implemented by ACDI/VOCA signed a Memorandum of Understanding with the Azerbaijan State Real Estate Registry Service.
15 March 2007 [14:41]
The State Veterinary Service under Agriculture Ministry has partly reversed the ban on import of some products, except eggs and feed, which are under veterinary control, from Turkey and Moscow, State Veterinary Service press secretary Yolchu Khanveli told.
15 March 2007 [14:21]
During the period of January-February Azerbaijan exported a total of 4.815m metric tons of oil, up 2.134m tons or 79.6% from a year earlier.
15 March 2007 [10:07]
Azerbaijan Airlines selected the GEnx to power the three 787-8s it ordered last month.
15 March 2007 [09:19]
Oil prices gained Thursday on figures showing that supplies of U.S. gasoline and other refined products fell in the most recent week, and ahead of an OPEC meeting later in the day.
15 March 2007 [09:11]
Russian President Vladimir Putin will attend a signing ceremony Thursday for a deal to build a Russian oil pipeline to a port in northern Greece - following strong pressure from Moscow to conclude decade-long negotiations.
15 March 2007 [09:06]
Binagadi Oil, dealing with development of the Binagadi oilfields onshore Azerbaijan, produced 9,400 tons of oil during January, up 30.2% from a year earlier.
15 March 2007 [09:05]
Shirvan Oil Operating Company, dealing with development of Kurovdagh Field onshore Azerbaijan, produced 18,900 cubic meters of natural oil during January, down 1.8% from a year earlier.
15 March 2007 [09:04]
Azerbaijan Mortgage Fund has announced a contest for the supply of its administrative building with security system, computers and relevant software, computer network, furniture, switchboard, jalousie, repair and a generator.
15 March 2007 [09:02]
The National Bank of Azerbaijan has announced a competition to COBIT 4.0 (Control Objectives for Information and related Technology).
15 March 2007 [09:01]
March 15, 2007 USAID SME Support through Financial Sector Development Project implemented by ACDI/VOCA will sign a Memorandum of Understanding with the Azerbaijan State Real Estate Registry Service.
15 March 2007 [08:51]
The legal procedure on the appeals of two former officials of Barmek-Azerbaijan Electricity Distribution LLC was held on Wednesday.
15 March 2007 [08:43]
A Ring Road covering the Black Sea basin will be constructed in the nearest future, said Azeri Deputy Minister of Transport Musa Panahov.
15 March 2007 [08:42]
Azerbaijan intends to seek the World Bank's assistance in implementation of e-government project, said Azerbaijan's Information and Technologies Minister Ali Abbasov.
15 March 2007 [08:40]
Azerbaijan's leading mobile operator Azercell Telecom JV has signed a roaming agreement with France Telecom Espana S.A (3G 2100).
15 March 2007 [08:30]
"Measures can be taken on developing tourism in Hajikand after being sure that Armenians will not violate the ceasefire. It is not expedient to take measures there at present," Culture and Tourism Minister of Azerbaijan Abulfas Garayev told journalists.
14 March 2007 [21:46]
Azerbaijan Airlines State Company will increase the number of Baku-Nakhchivan flights on the national holiday Novruz.
14 March 2007 [21:44]
Azerbaijan's Health Ministry has closed Farm Invest company engaged in import of medications and wholesale trade due to functioning in unsanitary conditions.
14 March 2007 [21:39]
The work on construction of a 500-KV power line linking Azerbaijan, Turkey, and Georgia will be activated in the nearest future.
14 March 2007 [21:37]
With an agreement to acquire a 33.3%-equity stake in and to provide a $3 million loan to UniLeasing, the EBRD is signing its first transactions in Azerbaijan's leasing sector. The project will strengthen the leasing company with strong potential in a rapidly growing market.
14 March 2007 [17:48]
The subsidiaries of Azerkimya state-owned chemicals maker will be brought on stream in a few days, Member of Parliament Ikram Israfilov told.
14 March 2007 [17:31]
March 21, the World Bank Board of Directors will have discussion over financing Azerbaijan Real Estate Registry Project.
14 March 2007 [15:42]
Russia's ORT and RTR have applied Azerbaijan to renew the agreement for continuation of broadcasts to this country.
14 March 2007 [15:29]
The work on the Development Program for Railway Infrastructure for 2007-2010 has continued to progress and is almost complete.
14 March 2007 [15:16]
"Spare parts have been brought for assembling Belarus tractors in Ganja Automobile plant. We consider that first tractors will be assembled in March and automobiles MAZ in April," Belarus ambassador to Azerbaijan Nikolay Paskevich said.
14 March 2007 [14:02]
Baku Metro will work on special schedule on the eve of the national holiday Novruz.
14 March 2007 [13:38]
The fourth Azerbaijan International Automotive Exhibition-AutoShow Azerbaijan-2007 has kicked off in Heydar Aliyev Sport and Exhibition Complex.
14 March 2007 [13:25]
Romania is interested in the implementation of the Nabucco project, which will transport Azerbaijan's gas to Europe, said Romania's Prime Minister Calin Popescu-Tariceanu.
14 March 2007 [13:24]
The meeting of GUAM Organization for Democracy and Development's Transport Workgroup has kicked off in Baku, bringing together representatives from the relevant bodies of the member states (Georgia, Ukraine, Azerbaijan and Moldova) to discuss expansion of cooperation in transportation.
14 March 2007 [12:06]
Russian President Vladimir Putin was on Wednesday scheduled to travel to Athens where he was to sign the following day a long-delayed Balkan oil pipeline deal with Greece and Bulgaria which will carry Russian oil to the Mediterranean.
14 March 2007 [10:03]
Annual exhibition "Caspian Oil&Gas 2007" will be organized in Baku on June 5-8.
14 March 2007 [08:30]
Azerbaijan State Committee for Public Property Management brought together heads of small and medium-size enterprises to discuss a number of issues on privatization, efficient use of the public property, improvement of the legislation and other problems.
14 March 2007 [08:29]
Baku will host the first meeting of the Transport Coordination Council of the Guam (Georgia, Ukraine, Azerbaijan and Moldova) on March 14.
14 March 2007 [08:28]
As of January 1, OJC AGBank increased its assets 48.9% during last year to AZN 97.3m.
14 March 2007 [08:14]
The National Bank of Azerbaijan has announced a competition for purchase of computer, server, network and office appliances.
14 March 2007 [08:13]
The water supply and sewerage system of Ganja and Sheki will be reconstructed in the framework of the project supported by German and Swiss governments in conjunction with Azerbaijan's government.
14 March 2007 [08:00]
As from March 13, Baku Stock Exchange has begun to hold the placement of Technikabank’s two issues of interest-bearing book-entry bonds.
14 March 2007 [07:59]
Azerbaijan's Economic Development Minister Heydar Babayev briefed U.S. ambassador to Azerbaijan Anne Derse about preparatory activities for Azerbaijan's accession to the World Trade Organization, recalling that USTDA and Azerbaijan inked a technical assistance grant agreement in 2002 to support Azerbaijan's WTO accession efforts.
14 March 2007 [07:53]
Yerevan regards the U.S. sanitary authorities' decision to bar the Armenian mineral water Jermuk from U.S. market as "anti-Armenian designs" and "encroachment on the Armenian prestige".
14 March 2007 [07:46]
During January a total of US $87,000 was transferred to Georgia from Azerbaijan, while Azerbaijan received $261,000 in remittance from this country.
13 March 2007 [23:15]
Azerbaijan's Prime Minster Artur Rasizade convened a meeting to discuss the problems made Azerkimya state-owned chemicals maker to shut down.
13 March 2007 [23:03]
The Iteca Caspian will hold the fourth Azerbaijan International Automotive Exhibition-AutoShow Azerbaijan-2007 in Heydar Aliyev Sport and Exhibition Complex on March 14-17.
13 March 2007 [22:22]
Official opening ceremony of a road bridge in the 20 Yanvar Circle and a tunnel in Shamakhinka will be held on March 20.
13 March 2007 [16:06]
The international Telecommunication Union has accepted Azerbaijan's bid for launching its own satellite.
13 March 2007 [16:00]
Azerbaijan Export and Investment Promotion Foundation (AzPromo), Azerbaijan's Embassy in Austria (also accredited in Slovakia) organized an investment-promotion workshop in Vienna.
13 March 2007 [15:36]
Azerkimya state-owned chemicals maker is drafting proposals on application of new technology and acceleration of chemical industry development in the country.
13 March 2007 [14:46]
Finance Ministry found waste of AZN 78.9m in the state budget-funded organizations during 2006, five times higher than a year earlier.
13 March 2007 [13:38]
"At present rise of prices for grain is natural case. Because every year when the grain is collected the price is cheap, but later it becomes expensive. The price for grain will not rise after it," official of Azerbaijan's Agriculture Ministry Mammad Huseynov told.
13 March 2007 [10:07]
Swiss State Secretariat for Economic Affairs (SECO) plans to allocate $5m technical assistance to projects being implemented in Azerbaijan.
13 March 2007 [10:03]
Georgian Prime Minster Zurab Nogaideli announced overall support to the Caspian Integration Business Club (CIBC) during a meeting with the delegation from CIBC and "Caspian Energy" International Publishing House on March 9 in Tbilisi.
13 March 2007 [09:53]
Monday, Aktau hosted the meeting bringing together the heads of Azerbaijani and Russian Accounting Chambers and Kazakh Audit Committee to discuss use the bioresources, protection, rearing and efficient use of sturgeon and marine stocks.
13 March 2007 [09:38]
Elman Zeynalov, Ambassador of Azerbaijan to Bulgaria, said "Baku-Tbilisi-Akhalkalaki-Kars railway will contribute to the development of Azerbaijan-Bulgaria relations".
13 March 2007 [09:32]
The subscribers with double-sided closed lines gain an opportunity of reactivating their lines.
13 March 2007 [09:31]
Government plans to discuss suspending all main and subsidiary enterprises of Azerkimya State Company, Deputy Head of Sumgayit Executive Power Akif Zeynalov said.
13 March 2007 [09:30]
There will be no interruptions in natural gas supply in Azerbaijan during holidays.
13 March 2007 [09:29]
Azerbaijan State Oil Company (SOCAR) and Thailand's PTT Public Co Ltd have signed a one-year agreement for exportation of crude oil of Azerbaijan.
13 March 2007 [09:28]
Khalg Insurance plans to open a branch in Sumgait in the first half of the year.
13 March 2007 [09:27]
New telecommunication line is being constructed for amplifying communication between Georgia and Azerbaijan.
13 March 2007 [09:26]
The delegation for Consortium established with the participation of Mott McDonald (Great Britain), CNTOR Management Consultant (Greece) and ASPI Consulting Engineers (Azerbaijan) left for Ashgabat to discuss issues on transportation of Turkmen gas to Europe through Azerbaijan territory. The visit will end on March, 15.
13 March 2007 [09:25]
Azer-Turk Bank intends to open its first branch in Ganja during the first half of the year.
13 March 2007 [09:20]
Consultative Group to Assist the Poorest awarded two financial institutions of Azerbaijan in 2006.
13 March 2007 [09:19]
The opening ceremony of Nahang Dash trade center built in 6 hectare area in 'Yeni Ganja' was held in Ganja.
12 March 2007 [23:32]
Monday, Aktau hosted the meeting bringing together the heads of Azerbaijani and Russian Accounting Chambers and Kazakh Audit Committee to discuss use the bioresources, protection, rearing and efficient use of sturgeon and marine stocks.
12 March 2007 [23:25]
Azerbaijan's State-owned chemicals maker owes a great amount of electricity bill to Sumgait Electricity Networks and won't pay off despite regular warnings, the SEN spokesman Mubariz Zeynalov stated.
12 March 2007 [22:54]
IFC inked an agreement with Azerbaijan's Bank Respublika to open a $5m credit line on-lending to small and medium-sized enterprises.
12 March 2007 [22:29]
Monday, power outage struck districts of Sabayel and Nasimi in Baku following the power grid failure in afternoon.
12 March 2007 [14:40]
Azerbaijan's Taxes Ministry has started to receive tax declarations on trial.
12 March 2007 [13:53]
In April Azerbaijan Microfinance Association will host an international conference, bringing together about 20 microfinance organizations, as well as government and bank representatives to discuss rating services.
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