Business
02 May 2007 [11:27]
02 May 2007 [10:19]
John Browne, an aggressive but mannerly British magnate who transformed BP into one of the most successful global companies, resigned abruptly Tuesday after losing a court battle with a London tabloid over disclosure of his sexual relationship with a younger man.
02 May 2007 [09:28]
As of April 1, the amount of loans, including non-performing loans invested in the economy of Azerbaijan doubled year-on-year reached AZN 2.8734 billion for the first quarter of 2007.
02 May 2007 [09:27]
The number of operational ATMs reached 1,105 in Azerbaijan as at April 1, up 24.2% or 215 from a year earlier.
02 May 2007 [09:26]
Two locomotives Azerbaijan State Railway Company (ADDY) bought from Russia have been delivered to Baku.
02 May 2007 [09:25]
The International Bank of Azerbaijan has established a Mortgage Department to roll out the first mortgage loan this month.
02 May 2007 [09:24]
Astana will host the 46th meeting of CIS and Baltic countries Council of Railway Transport from May 17 to 19.
02 May 2007 [09:24]
Grants Program under "Information society - the new stage of development" slogan within the agreement between the World Bank and the Ministry of Communication and Information Technologies of Azerbaijan has been prolonged to May 15 while the deadline was late April.
02 May 2007 [09:23]
The Economic Research Center held a one-day workshop on the Alternative Inflation Methodology Development.
02 May 2007 [09:22]
The first meeting of the intergovernmental economic commission between China and Azerbaijan will be held in Beijing this year.
02 May 2007 [09:20]
Azerbaijan's UniBank intends to establish 10 new branches in Baku and regions.
02 May 2007 [09:19]
AzerEnergy has installed AURA-M microprocessor devices to detect power failures and cuts in a more efficient way.
02 May 2007 [09:13]
Azerbaijan's customs bodies collected AZN 224.09 million in taxes and customs against the planned AZN 220.5 million with a surplus of 1.63% during January-April.
02 May 2007 [09:12]
The fifth meeting of the Council of the Chambers of Commerce and Industry of Commonwealth of Independent States will be held in Tbilisi June 14-15.
02 May 2007 [09:12]
Sumgayit will host congress on the German Technical Cooperation Organization's (GTZ) project on cooperation between Germany and Caucasus partner cities.
02 May 2007 [09:11]
Azerbaijani Accounting Chamber (AAC) intends to sign agreements on cooperation with some audit institutions this year.
02 May 2007 [09:09]
Azerbaijan Bank Training Center (ABTC) organized trainings on CIPA- Certified International Professional Accountant for the specialists of financial institutes.
02 May 2007 [09:07]
Netty-2007 Azerbaijan National Internet Award, an annual campaign aimed at choosing the best websites in the country, has held virtual jury vote to set nomination finalists.
01 May 2007 [21:27]
"I think that there is misunderstanding in this problem. Every company can be inspected. I believe that the inspections will yield positive results," founder of Avropa Gapilari OJSC, parliamentarian Baba Tagiyev told.
01 May 2007 [17:46]
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 judgements, continued at the Court of Serious Crimes.
01 May 2007 [17:37]
Commissioned by the Transport Ministry of Azerbaijan, Akkord Group of Companies has been reconstructing Balakhani-Khirdalan highway.
01 May 2007 [16:29]
AZN3.151mln was gathered in the Assistance Fund for Azerbaijani Armed Forces as for May 1.
01 May 2007 [16:16]
Azerbaijan's Communications and Information Technologies Ministry has drafted the initial version of Popular (People's) Computer Project aimed at improving socially disadvantaged people's computer knowledge and access to the Net
01 May 2007 [13:16]
Azerbaijan starts to import electricity from Russian. Azerergy, Azerbaijan State Electricity Company, vise-president Marlen Asagarov told that the amount of the electricity will be defined in accordance with needs.
01 May 2007 [13:00]
Malta FIM Bank has presented a cheque of EUR5900 to defender of the interests of Azerbaijani side due to the decision of Paris Court of Higher Instance passed on November 10.
01 May 2007 [11:08]
A site has been allotted in Heydar Aliyev Avenue to construct a new building for the State Oil Company of Azerbaijan (SOCAR).
01 May 2007 [11:04]
International Bank of Azerbaijan is Azerbaijan's leading financial institution, representing a vital factor for national banking industry development and fostering the integration of the national economy into the world economy.
01 May 2007 [10:51]
Rabitabank opened a new branch in the center of Baku in 3, Merdanov Brothers Street (in the opposite of Russian Dram theatre).
01 May 2007 [10:50]
Azerbaijan Accounting Chamber (AAC) will audit Azerbaijan State Pedagogical University, Communication and Information Technologies Ministry's Joint Operation Center and Agroleasing OSJC.
01 May 2007 [10:48]
A delegation from Kuwait Audit Bureau will visit Azerbaijan in the nearest future.
01 May 2007 [10:47]
Today it is risky to keep State Oil Fund's assets in the local banks. It is better to keep funds in foreign banks at low interest than in local bank at higher interest rates, said the Executive Director Shahmar Movsumov.
01 May 2007 [10:46]
The total amount of the assets owned by Azerbaijan's bank organizations reached AZN 4.069 billion as at April 1.
01 May 2007 [10:38]
State Service for Consumer Market Control under Economic Development Ministry has bought 3 new labs worth EUR 200,000in the frame of TACIS program.
01 May 2007 [10:37]
The 2007 budget of State Oil Fund of Azerbaijan (SOFAZ) is likely to be reconsidered because of financing Baku-Tbilisi-Kars railway project, said the Executive Director Shahmar Movsumov.
01 May 2007 [10:35]
As at April 1, 135 credit organizations have been registered in Azerbaijan. 91 of them are non-bank credit organizations, other 44 bank organizations.
01 May 2007 [10:34]
Delegation headed by first vise-president of Azerbaijani Commerce and Industry Chamber Niyaz Alizadeh will attend the meeting of the presidents of Eurochamber members organizations.
01 May 2007 [10:33]
SOCAR's Bayil Port Sea Exploration Drilling Department has handed over well #74 to 28 MAY Oil and Gas extraction Unit.
01 May 2007 [09:59]
Transport Ministry is working on the paperwork of the expected competition for installation of Baku Intelligent Traffic Control System.
01 May 2007 [09:56]
The British International Exhibition company ITE Group PLC and its exclusive partner in the Caucasus Iteca Caspian LLC will organize the 13th Azerbaijan International Exhibition "Food, Drinks and Packaging" from May 23 to 25.
01 May 2007 [09:52]
Azerbaijan and Belarus Agriculture Ministries will sign two agreements on cooperation in the frame of Belarus President Alexander Lukashenko's visit to Azerbaijan May 2-3.
01 May 2007 [09:37]
Azerbaijan's Education Ministry and INTEL company concluded a memorandum of mutual understanding and intent on the use of telecommunication and information technology in education, Minister Misir Mardanov represented Azerbaijani side and the director of education program on CIS countries Martina Ross represented INTEL in the conclusion of the memorandum.
01 May 2007 [08:56]
10,614 families received targeted social assistance benefits worth AZN 1.367 million in Nakhchivan AR during the first quarter of 2007.
30 April 2007 [22:16]
President Ilham Aliyev has today issued a decree on the development of entrepreneurship.
30 April 2007 [17:01]
"When the Azerbaijan Leasing Development Project (ALDP) was officially launched in 2003 there were 3 leasing companies with AZN 0.9 million portfolio and 38 leasing operations. At present there are 12 active leasing companies out of 25 ones, AZN 80 million and 787 leasing operations," IFC Officer in Azerbaijan, Aliya Azimova, told at the press conference.
30 April 2007 [16:02]
Huseyn Arabul, president of Barmek-Azerbaijan Electricity Distribution LLC will undergo an eye surgery.
30 April 2007 [15:58]
2007 will be a turning point for the State Oil Company of Azerbaijan (SOCAR). The company has unveiled its long-term plans to penetrate abroad.
30 April 2007 [15:55]
Plants and establishments belonging to the company were banned in the middle of last week and inspections started.
30 April 2007 [15:09]
Azerbaijan intends to establish a Transport Academy and a Scientific Research Academy in a few years.
30 April 2007 [14:11]
As of April 1, the assets of State Oil Fund of Azerbaijan (SOFAZ) grew 17.7% from the early year to AZN 1.4918 billion and earnings from asset management totaled to AZN 15.4 million for the first quarter, the Executive Director Shahmar Movsumov told a press conference.
30 April 2007 [13:58]
Trial on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and seven more company officials, who are accused of abuse of power, embezzlement and negligence of court verdicts, started at Court of Grave Crimes.
30 April 2007 [13:54]
India's MMTC and the National Mineral Development Corporation (NMDC) unveiled their plan to develop gold fields in Azerbaijan and Uzbekistan, said the Minister of State for Commerce, Shri Jairam Ramesh.
30 April 2007 [09:27]
Azersun Holding and Azerbaijan Investment Company are considering construction of a new oil terminal in Garadagh, near Baku.
30 April 2007 [09:26]
Azersun Holding and Azerbaijan Investment Company are considering construction of a salt plant.
30 April 2007 [09:25]
Inter RAO UES and AzerEnergy have agreed upon the price and volume of Russia's electricity exports to Azerbaijan up to the end of 2007, the Russian company's press service said.
30 April 2007 [09:24]
Relevant bodies of the region will discuss the transportations tariffs for Black and Caspian Seas.
30 April 2007 [09:23]
Czech financier Viktor Kozeny was released on bail on Friday from the Bahamas prison where he was sent in 2005 to await extradition to the United States, where he is wanted on a long list of corruption charges.
30 April 2007 [09:21]
Turkish Parliament is expected to ratify the agreement on the Baku-Tbilisi-Kars railway project in the nearest future. The process to buy railroad lands from residents in Turkey is under way.
30 April 2007 [09:19]
Istanbul will host 1st Black Sea and 4th Silk Road conference from May 14-16.
30 April 2007 [09:16]
Cold weather in western regions of Azerbaijan has damaged fruit trees. The fruit prices for this year are expected to triple. Especially apricot will be expensive.
28 April 2007 [11:30]
"The Economist" international group publicized the annual rating of countries’ electronic preparation.
28 April 2007 [11:12]
Azerbaijan's MugamBank JSCB has opened its branch in Guba aiming at expansion its activity.
28 April 2007 [11:11]
Two new Karel DS-200 telephone exchanges have been installed in Husenli and Azad-Garagoyunlu villages of Terter region.
28 April 2007 [11:09]
AzeriGas, State Gas Supply Company has cut off supply to 1134 defaulting customers of Baku.
28 April 2007 [10:47]
Rabitabank have started to implement the technical assistance project provided by the International Finance Corporation.
28 April 2007 [10:45]
Press conference was held dedicated to the 2nd International Congress on Caucasus and Central Asia in Globalization Process to be held in Baku from May 2 to 5.
28 April 2007 [10:43]
"There are three important energy regions in the world: Persian Gulf, Russia reserves and the Caspian Sea.
28 April 2007 [10:41]
Azerbaijan's Ministry for Labor and Social Protection are working out proposals to improve the legal framework for regulation of the issues related to economic immigration and illegal aliens.
28 April 2007 [10:40]
During the past five years the employers suffered loss of AZN 434,000 in over 200 work accidents per year. 246 accidents killed 81 people last year.
28 April 2007 [10:34]
On Friday republic seminar was organized in Baku on "Safety and Health at Work" in the frame of April 28 World Day for Safety and Health at Work.
27 April 2007 [16:44]
Malta's FimBank will have fulfilled the 10 November verdict returned by Paris Higher Instance Court in favor of Azerbaijan by May 3.
27 April 2007 [15:48]
Oil export through Baku-Tbilisi-Ceyhan pipeline was restored in Thursday evening after a short while of interruption.
27 April 2007 [15:26]
Insurers operating in Azerbaijan collected a total of AZN 36.8 million in premium during the first quarter of the year, up 29.49% from the same period last year.
27 April 2007 [15:21]
The Confederation of Azerbaijani Labor Unions intends to make a proposal on provision of employees with free dinner.
27 April 2007 [15:15]
Inter RAO EES, a subsidiary of Russia's RAO UES (Unified Energy Systems) and Azerenergy, Azerbaijan's State Electricity Company, have Friday come together in Baku to continue the long-drawn-out price-haggling negotiations after the repeated failure of discussions.
27 April 2007 [13:51]
Ministry for Labor and Social Protection are working out proposals to improve the legal framework for regulation of the issues related to economic immigration and illegal aliens.
Azerbaijan and Ukraine discuss cooperation in healthcare industry and medicine production
Cologne holds Second Forum of Azerbaijani Engineers in Europe
Iran’s nuclear efforts aimed at meeting national needs, not building weapons — President Pezeshkian
UNEC and BFSU deepen partnership in language and economics
Who stole the data on rare earths in Karabakh?
Baku opens door to foreign partners in Zangezur Corridor development
ADA Primary School hosts charity Autumn Festival Celebrating Harvest and Community Spirit