Business
30 November 2006 [10:23]
Azerbaijan International Operating Company (AIOC) increased oil exports by 88.6%, year-over-year, to 16 634 000 metric tons during the period of January-October.
30 November 2006 [10:20]
Prosecuting attorney prohibited Barmek-Azerbaijan President Huseyn Arabul to leave Baku for Ankara.
30 November 2006 [10:18]
The supply of natural gas to Zagatala was stopped.
30 November 2006 [10:15]
Bakielectricshebeke has to date renewed some 60 transformers in Baku and surrounding districts, laid 17km-long electricity line and installed over 4 000 electric meters.
30 November 2006 [10:13]
AtaHolding intends to build a tractor plant in Azerbaijan.
30 November 2006 [10:10]
30 November 2006 [10:10]
29 November 2006 [23:55]
The weighted average exchange prices made up 0.8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 29.
29 November 2006 [23:52]
President Ilham Aliyev of Azerbaijan on November 29 received Sultan Ahmad Bin Sulayem, Executive Chairman of Dubai Ports, Customs and Free Trade Zone Corporation.
29 November 2006 [14:39]
Azerbaijan intends to produce 5bn cubic meters of natural gas next year.
29 November 2006 [14:38]
President Saakashvili said his meeting with Azeri counterpart Ilham Aliyev on the sidelines of the CIS summit in Minsk on November 28 will have "very important" results, as Tbilisi tries to obtain alternative sources of gas supplies to ease dependency on Russia's Gazprom.
29 November 2006 [12:41]
As Today.Az reported earlier, presidents of Belarus, Ukraine and Azerbaijan were discussing energy security in Minsk.
29 November 2006 [11:47]
The volume of transportation through the international Transport Corridor Europe-Caucasus-Asia (TRACECA) for January-October 2006 has grown 7.2% and reached 35.9 million tonnes, the State Statistic Committee of Azerbaijan said.
29 November 2006 [11:35]
The incomes and expenditures of the State Budget of Azerbaijan equaled AZN 2 683.6m and AZN 2 420.9m respectively.
29 November 2006 [11:32]
Favorable balance reached $999 941 900 in exports and imports of Azerbaijan during the period of January-October.
29 November 2006 [11:27]
Azerbaijan's parliament passed a 2007 budget Tuesday that increases projected income and spending by some 40 percent over last year, relying largely on oil for revenues.
29 November 2006 [10:49]
Bank Respublika has used the second tranche allowed by the Netherlands Development Finance Company (FMO) and lent $4m to oocal beneficiaries.
29 November 2006 [10:44]
Azerbaijani transport companies carried 117.5m tonnes of goods within January-October this year which represents an increase of 13.1% the same period last year.
29 November 2006 [10:43]
As of November 1, economically active population of Azerbaijan reached 3 960 800 in number, of which 33.4% are hirelings.
29 November 2006 [10:41]
Azeristiliktechizat OJSC plans to implement a heating project in order to improve heating supply of the regions.
28 November 2006 [23:40]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 28.
28 November 2006 [23:16]
Websites opened in Azerbaijan in 1997 and 1998 and electronic newspapers appeared in 1999, but they have not been registered by the Justice Ministry yet.
28 November 2006 [15:49]
A Kazakh Caspian oil transportation system is planned to be formed by 2010. The total value of the project is approximately $1 billion 600 million. Mahambet Batyrbayev, Vice President of JSC "NC "KazMunaiGaz", Director of KMG Office for Western Region, has stated this at the I Caspian Investment Forum.
28 November 2006 [15:31]
According to the State Customs Committee, World Customs Organization's Baku Regional Training Center is playing host to a seminar on Application of the World Trade Organization's Customs Valuation Agreement for customs officers of the Economic Cooperation Organization member countries.
28 November 2006 [15:27]
The Azerbaijan State Economic University hosts an international seminar entitled "Basics and Practice of the Islamic Economy and Islamic Banking" with the assistance of the Islamic Development Bank’s (IDB) Islamic Research and Training Institute.
28 November 2006 [15:25]
Iranian parliament members here on Tuesday voted in favor of two agreements with Switzerland and Azerbaijan as well as two bills on Iran's membership in two international conventions.
28 November 2006 [11:48]
Over AZN 4 750.1m, 15% up from last year, was directed to capital investment in Azerbaijan during the period of January-October.
28 November 2006 [11:47]
Communications services of AZN 434.8m were provided for the legal entities and individuals in Azerbaijan during the period of January-October.
28 November 2006 [11:46]
Azerbaijan will attend the FITUR-2007 tourism exhibition in Spain.
28 November 2006 [11:45]
France-Azerbaijan intergovernmental commission for economic cooperation will meet in Paris early January, 2007.
28 November 2006 [11:45]
Azerbaijan and Russia will fix the date of the next round of talks between Azerbaijan and Gazexport, the Russian Gazprom's arm, on setting the volume and price for Russian gas supplies to the Caspian country in 2007.
28 November 2006 [11:34]
The State Committee for Public Properties Management has announced an investment tender for the sale of the stocks of Tovuz Sharab-2 OJSC and a tender for the sale of the stocks of Tovuz Salyan Khidmat (Service) OJSC.
28 November 2006 [11:33]
The U. S. Agency for International Development (USAID) will hold the opening ceremony of the electrical system rehabilitation project implemented by USAID's Community Development Activity Program in Isti Su community of Lenkeran district, Tuesday.
28 November 2006 [11:32]
A business forum between Kazakh and Azerbaijani businessmen will be organized at Astana.
28 November 2006 [11:31]
The stockholders have come to agreement to increase the authorized capital of the International Bank of Azerbaijan (IBA) to AZN 100m in 2007.
27 November 2006 [20:11]
Taxes Ministry lifted arrest put on bank account of ANS TV and ANS CM radio.
27 November 2006 [20:10]
Azerbaijan and Iran have agreed on mutual power supplies in their alternating consumption peak seasons from December 1, the Azerenergy national power utility said Monday.
27 November 2006 [20:01]
As Vice President of the "Strategy 1" foundation, former Deputy Chairman of the UkrTransNafta Mykhailo Honchar said, a new gas pipeline from Azerbaijan to Ukraine will run on the Black Sea floor.
27 November 2006 [19:49]
The weighted average exchange prices made up 0,8723 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 27.
27 November 2006 [19:44]
27 November 2006 [19:24]
The U.S. will not approve Georgia's long-term energy-related cooperation with Iran, but it seems it may turn a blind eye on short-term Georgian-Iranian deals envisaging emergency gas supplies during the winter period.
27 November 2006 [17:28]
The authorized banks of Azerbaijan Mortgage Fund have reduced mortgage interest rate as per the amendments to the mortgage law.
27 November 2006 [15:11]
Taxes Ministry put arrest on bank account of ANS TV and ANS ChM radio, the adviser of the president of ANS group of companies Mais Mammadov informed.
27 November 2006 [14:37]
Russian RAO EES (Unified Energy Systems) has sent Azerbaijan's Azerenergy the draft agreement on the amount and prices of electricity it will provide for this country in 2007.
27 November 2006 [10:04]
Exxon Mobil has informed SOCAR it will cancel Exxon Azerbaijan Operating Company on Dec. 19, 2006.
26 November 2006 [16:33]
Azerbaijan's major electricity company Azerenerji said its representatives would visit China at the invitation of the China National Electronic Equipment Company (CNEEC).
26 November 2006 [16:22]
The consortium of three European consulting companies headed by GDSI Ltd. from Ireland has begun to implement the TACIS program to support regional economic development. The program with a EUR 3.5 million budget will be implemented in 36 months.
26 November 2006 [16:20]
26 November 2006 [16:18]
The State Insurance Company Azersigorta collected insurance premiums of AZN 4,519,000 (+AZN 500,000 or +11% against the Jan.-Sept. 2005) in Jan.-Sept. 2006.
26 November 2006 [16:16]
The Azerbaijani insurers' conference that will amalgamate their different associations into one will be conducted at the Baku Enterprise Center on Nov. 28.
26 November 2006 [16:11]
The assets of the Bank of Baku increased by AZN 12.29 million (22.52%) in Jan.-Oct. 2006 and totaled AZN 66.89 million. The loan portfolio increased by AZN 13.42 million (45.66%) to AZN 42.82 million.
26 November 2006 [16:07]
The Tovuz district's authorities invite bids to repair the roads there.
26 November 2006 [16:02]
Starting on 1 December 2006 the activity of shops, restaurants, and other objects of public nourishment in Nakhchivan will be prohibited after 19:00 "for the saving of electric energy."
26 November 2006 [15:59]
The Iranian Deputy Trade Minister, Hossein Soltania stated that no "bird flu" is existing in his country, so the Azeri government should not have banned the imports of chicken and other poultry products from Iran. He said Iran will try to persuade Azerbaijan to cancel the ban.
26 November 2006 [13:47]
The recent acquisition of Armenia's dominant telephone company by a Russian company is raising concerns here that Moscow is attempting to exert economic control over the republic it once controlled politically.
26 November 2006 [13:41]
USAID-funded Azerbaijan Small and Medium Enterprise Support through Financial Sector Development Project conducted a presentation of the secured lending system on November 23 at the Hyatt hotel.
26 November 2006 [13:40]
Azerbaijan's Minister of Agriculture Ismat Abbasov met with Cuban Deputy Minister for Foreign Investment and Economic Cooperation Ricardo Gerrero.
26 November 2006 [13:08]
AIOC said oil from the East Azeri platform is currently flowing from two wells at a rate of about 70000-barrel-per-day.
26 November 2006 [13:05]
A member of Iran's parliament energy commission, Hussein Afarideh, commented that winter and internal gas consumption increase, posed no obstacle in the way of Iran's gas export to Armenia.
25 November 2006 [13:31]
As a part of the cooperation with European Union Tempus-TACIS program, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) hosted the roundtable discussion on the special economic zones on November 24 at the Park INN-Azerbaijan Hotel with the support of the Ministry of Economic Development.
25 November 2006 [13:27]
Economic Development Minister Heydar Babayev met November 24 with the visiting delegation of Bulgaria led by chairman of the Bulgarian Parliament Georgi Pirinski.
25 November 2006 [13:23]
Natural gas supply to Lenkeran was restored on Friday.
25 November 2006 [11:06]
Azerenergy President Etibar Pirverdiyev gave a press conference on the situation of energy grid and preparation for winter
25 November 2006 [11:04]
Azerbaijan and Moldova have signed an agreement on experience and information exchange in staff qualification in equities, State Securities Committee said.
25 November 2006 [11:03]
Union of Black Sea and Caspian Confederation of Enterprises (UBSCC) will hold the first meeting in Istanbul in November 26-27.
25 November 2006 [10:46]
25 November 2006 [10:46]
Azercell Telecom JV has signed a roaming agreement with Vinaphone of Vietnam.
25 November 2006 [10:44]
"Electricity supply has never been limited in Baku with exception of accidents," Azerenergy President Etibar Pirverdiyev said.
24 November 2006 [23:00]
The World Economic Forum (WEC), which brought together the officials and businessmen from 40 countries commenced November 23 in Istanbul, Turkey. Azerbaijani delegation led by first Deputy Prime Minister Yagub Eyyubov attends the event.
24 November 2006 [22:59]
Azerbaijan's Minister of Economic Development Heydar Babayev met with visiting Belarussian Deputy Minister of Industry Valentin Gurinovich.
24 November 2006 [22:56]
Awarding ceremony of the biggest taxpayers of the Turkish Industrialists and Businessmen Union (TUSIAB) was held in Gulustan palace, on November 23.
24 November 2006 [22:44]
Azerbaijan's Minister of Communication and Information Technologies Ali Abbasov has left for Antalya, Turkey, to participate in the final session of the International Telecommunication Union’s 17th Plenipotentiary Conference.
24 November 2006 [22:42]
The weighted average exchange prices made up 0,8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 24.
24 November 2006 [22:35]
Georgia is paying its electricity debt to Azerbaijan. Azerenergy President Etibar Pirverdiyev said the two countries concluded that Georgia would pay off the debt by this month's end.
24 November 2006 [22:15]
Iranian investors have invested over $350 million in Republic of Azerbaijan during the period from 1993 to 2005, noted an Azeri officials on Thursday.
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