Business
27 October 2006 [20:54]
Chairman of the State Customs Committee Aydin Aliyev met with the minister of economic development of Georgia Irakly Chogovadze.
27 October 2006 [20:18]
CHF International guaranteed realization of projects on road's restoration in Gasanli village of Masalla area and restoration of school in Guneshli village of Jalilabad area in frames of Community Activities Development Program, realized by the USAID in Azerbaijan; it was informed at the US Embassy in Azerbaijan.
27 October 2006 [20:01]
Price of the natural gas provided for customers will be discussed next year, Azerigas CJSC chairman Alikhan Malikov said.
27 October 2006 [19:42]
Azerbaijan's credit unions will keep deposits of population if the Government approves of proposals submitted by the Azerbaijan Credit Union Association, ACUA management board chair Elchin Baghirov said.
27 October 2006 [19:40]
Aydin Bashirov, the Chief of the Azerbaijan Caspian Shipping Company (ACSC), gave a press conference on activities and future of the Company.
27 October 2006 [19:31]
Economic Development Ministry's Antimonopoly Policy Department has begun to probe into the grounds for the rise of the price of cement in the retail market.
27 October 2006 [19:25]
The prices of bread in Salyan rose from 10-15 kopecks to 20 kopecks.
27 October 2006 [12:32]
During September Taxes Ministry delivered AZN 184 624 100 to the State Budget. This figure is implementation of the forecast by 91.4 percent.
27 October 2006 [12:31]
Taxes Ministry Operational Control Department have to date examined 131 630 various kinds of trade facilities and found serious irregularities in 30 728 of them.
27 October 2006 [12:16]
Roundtable examining investment legislation of Azerbaijan took place in Baku yesterday.
27 October 2006 [10:43]
Ukrainian-Azerbaijan business forum will be held in Kiev by Azerbaijan National Confederation of Entrepreneurs (ACE).
27 October 2006 [10:42]
Baku will host Azerbaijani-Pakistani investment forum on November 9.
27 October 2006 [10:22]
Each Azerbaijani living in Russia sends $150 on average to their family in Azerbaijan a month, State Statistical Committee chairman Arif Valiyev said.
26 October 2006 [20:29]
Azerbaijan said it is considering buying gas from Iran amid continued discussions with Russia over the price and volume of gas.
26 October 2006 [19:44]
The weighted average exchange prices made up 0.8719 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 26.
26 October 2006 [19:32]
On October 26, President of Azerbaijan Ilham Aliyev welcomed at the Presidential Palace the delegation of the European Bank of Reconstruction and Development (EBRD).
26 October 2006 [19:09]
Azeri state oil firm SOCAR may start exploratory drilling of prospective natural gas structures at the Babek-Umid block in the Caspian Sea in the spring of next year, a senior company official said on Thursday.
26 October 2006 [14:43]
State Statistical Committee chairman Arif Valiyev gave a press conference on macroeconomic indicators of socioeconomic development of Azerbaijan during the period of January-September.
26 October 2006 [13:07]
Market price has risen by 73% this year. Price of foodstuffs has risen by 10.3% other products 4.8%.
26 October 2006 [12:35]
Azerfon LLC, the third GSM operator in Azerbaijan, will start up in late this year and early next year.
26 October 2006 [10:46]
In Azerbaijan the rise of cement price was caused by high demand in the domestic market, reduction of the cement production because of shortage of raw, decrease of imports, Garadagh Cement informs.
26 October 2006 [10:45]
The EBRD is expanding its support for microfinance in Azerbaijan and extending a $1 million loan to the local microfinance institution CredAgro. $250.000 of the $1 million is being funded by TaiwanICDF.
26 October 2006 [10:43]
AtaBank Commercial Bank offers new plastic cards to customers. The bank informs that these cards ca be used for long time.
26 October 2006 [09:58]
Azerbaijan has not yet set the volume and price of gas imports for 2007, Industry and Energy Minister Natig Aliyev told reporters.
26 October 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 130 835 various kinds of trade facilities and found serious irregularities in 30 543 of them.
26 October 2006 [09:25]
Caspian Oil&Gas Field-2006 conference has started in Baku yesterday. The two-day conference is supported by Industry and Energy Ministry, SOCAR, International East Oil Academy, Oil and Gas Geotechnical Problems Scientific Research Institute.
26 October 2006 [00:59]
Turkey's Air Force has selected the F-35 Lightning II, over Europe's Eurofighter Typhoon for the NATO nation's 15-year, $10 billion program to buy about 100 new-generation fighter aircraft, Turkish procurement and military officials said.
26 October 2006 [00:58]
BP raised by 20 percent its estimate of proven oil reserves in three offshore fields in the Azeri sector of the Caspian Sea, which the British company is developing with partners.
25 October 2006 [22:49]
About 10 Azerbaijani companies attend the International Food Industry Exhibition "SIAL-2006" in Paris, from 22 to 26 October.
25 October 2006 [20:20]
The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 25.
25 October 2006 [20:19]
25 October 2006 [20:11]
Construction of Kars-Akhalkalak-Tbilisi-Baku railway line is aimed at restrictive policy and is economically inefficient.
25 October 2006 [19:33]
The annual crediting rate of Azerbaijan Mortgage Fund can be reduced to 3-4% from 6%, AMF executive director Faig Mammadov said.
25 October 2006 [15:52]
SOCAR-owned oil mining territories should be cleared from illegal constructions, SOCAR President Rovnag Abdullayev said.
25 October 2006 [13:47]
Oil price fall in the world market is not risky for Azerbaijan, Azerbaijan's industry and energy minister Natig Aliyev told reporters.
25 October 2006 [12:54]
Georgia plans to be maximally ready for winter. Georgia can import electrical energy from 5 neighboring countries-Azerbaijan, Russia, Armenia, Iran and Turkey, Georgian fuel and energy minister Nika Gilauri told at briefing yesterday.
25 October 2006 [11:35]
The incomes and expenditures of the State Budget of Azerbaijan equaled AZN 2 427.8m and AZN 2 155.3m respectively. The budget surplus stood at AZN 272.5m (2.6% of the GDP) during the period of January-August.
24 October 2006 [19:40]
Compnay to provide streaming content teasers to the idle screens of Azercell's 2.2 million users, is aiming to reach 40% subscriber uptake for mobile content, and is powered by Celltick's LiveScreen Media™.
23 October 2006 [15:42]
Turkey has been monitoring the "saddening events" between Turkish and Kazakh workers in Kazakhstan, and the Turkish Embassy in Almaty has launched necessary initiatives, Turkish Foreign Ministry said in a statement on Sunday.
23 October 2006 [15:40]
The BP led AIOC consortium has began pumping oil four months earlier than planned from the East Azeri field, part of the huge Azeri-Chirag-Guneshli (ACG) group of fields in the Caspian Sea, the company said on Monday.
23 October 2006 [15:38]
ATA Holding recently joined the International Hockey Federation (FIH) as one of their major sponsors.
23 October 2006 [15:36]
The Moscow office of the International Bank of Azerbaijan has opened its second branch in Saint Petersburg.
21 October 2006 [17:58]
Representatives of the shareholders of the EBRD begin a four-day visit to Azerbaijan on Monday, October 23. The Board of Directors represents the Bank's 62 public shareholders and has to approve all Bank projects before they are put into action.
21 October 2006 [17:42]
Taxes Ministry approved some suggestions by Azerbaijan Entrepreneurs Confederation (AEC) on amendments in Tax Code.
21 October 2006 [11:52]
Azerbaijan is ready to held with mail delivery from Russia to Georgia if Universal Postal Union appeals.
21 October 2006 [11:50]
There is no deficiency of liquid gas in Azerbaijan in domestic market, SOCAR President Rovnag Abdullayev said.
21 October 2006 [11:48]
"Delay of the production of Shah Deniz gas is related to marine activities. The wells and pipeline to Sangachal terminal are ready."
21 October 2006 [11:42]
"First Dynasty Mines" (FDM) Company of Canada invested US $22, 1 in gold extraction in Nagorno Karabakh, occupied Azerbaijan territories.
21 October 2006 [11:23]
Number of issues were discussed at the first meeting of Azerbaijan-Italian intergovernmental commissions for economic cooperation, Deputy Economic Development Minister told reporters.
21 October 2006 [11:15]
Hand-over test of Barmek Electricity Distribution Company LLC is in plight and our expectations go real, Deputy Economic Development Minister Mikayil Jabbarov said.
21 October 2006 [10:49]
The assets of the UniBank have risen by 106.9% in comparison with September 2005 and reached AZN 122.053 m, which represents an 88.5% increase as against January 1, 2006.
21 October 2006 [10:47]
KfW Development Bank, in Frankfurt, and the Swiss State Secretariat for Economic Affairs (SECO), in Berne, signed respectively the loan and grant agreements covering the financing of the 'Open Program Municipal Infrastructure II' aiming at the rehabilitation of the water supply and waste water treatment systems in the towns of Ganja and Sheki.
21 October 2006 [10:31]
Average monthly salary of employees working for Azerbaijani economy constituted AZN 138.5 in January-August this year. That represents 20% increase as against the same period last year.
21 October 2006 [00:56]
Azerbaijani delegation led by Taxes Minister Fazil Mammadov visited October 17-18 Turkey to discuss the development of cooperation with the Turkey's Finance Minister, Ministry's public relations department said.
21 October 2006 [00:54]
The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 20.
20 October 2006 [16:40]
Implementation of the Baku-Tbilisi-Akhalkalaki-Kars Railway Project will be completed by late 2008, transport minister Musa Panahov said.
20 October 2006 [16:31]
The National Bank announced an open competition for designing and building new administrative buildings.
20 October 2006 [16:23]
The meeting of the Milli Majlis standing commission on natural resources, energy and ecology issues held October 19 focused "Loan Agreement between the Republic of Azerbaijan and the OPEC Fund for International Development on Samur-Absheron Irrigation System Project."
20 October 2006 [15:01]
The decision to cut output 1.2m barrels a day (4%), slightly more than expected, was made at a late-night emergency meeting in Doha, the capital of the Persian Gulf state of Qatar.
20 October 2006 [11:04]
Russian energy monopoly Unified Energy System is ready to replace Barmek Company in Azerbaijan and to run electricity in Baku and Sumgait.
20 October 2006 [10:59]
The average salary was 138.5 AZN from January to September of 2006 in Azerbaijan.
20 October 2006 [10:56]
The first sitting of the economic intergovernmental commission of Azerbaijan and Italy will be held on October 20 in Baku.
20 October 2006 [09:49]
Ilham Aliyev, President of Azerbaijan, signed the law "On Ratification of the Agreement between Azerbaijan and the Republic of Kazakhstan on Co-operation and Creation of Conditions for the Oil Transportation from Kazakhstan through the Caspian Sea and the Territory of Azerbaijan to International Markets via the Baku-Tbilisi-Ceyhan (BTC) System.
20 October 2006 [09:44]
Azerbaijan and Turkey are negotiating on energy transfer to Nakhchivan for 2007 Azerenergy OJSC President Etibar Pirverdiyev said.
20 October 2006 [09:32]
As of October 1, the assets of Respublika Joint-Stock Commercial Bank rose 55.3 percent during January-September to AZN 90 497.8mn.
20 October 2006 [09:22]
The weighted average exchange price made up 0.8721 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
20 October 2006 [09:10]
Gross domestic product – the output of goods and services produced by labor and property in Azerbaijan- grew by 34% year on year, in the first nine months of 2006, to AZN 12.7302bn, State Statistical Committee told.
20 October 2006 [09:05]
Auction on placement of short-term notes of National Bank with the state registration number 50100114S was held at Baku Stock Exchange on October 19. The volume of the issue is AZN 40m, face value per note AZN 200, turnover period 27 days.
20 October 2006 [09:03]
International Bank of Azerbaijan (IBA) will provide banking service in Georgia from January 1, 2007, Georgia's economic development minister Irakli Chogovadze told press.
20 October 2006 [09:01]
Glencore Energy UK Ltd. has won the tender announced by SOCAR Marketing and Economic Operations Department.
20 October 2006 [08:55]
TRACECA members - Azerbaijan, Georgia and Turkey - supports Baku-Tbilisi-Akhalkalaki-Kars railway project but the European Union doesn't take this issue positive, Akif Mustafayev, TRASECA National Secretary for Azerbaijan, told.
20 October 2006 [08:51]
During the period of January-September the incomes of Azerbaijani population reached AZN 7.4bn at face value which represents a 21.2% or AZN 1.3 m on the same period last year.
20 October 2006 [08:43]
State Agency for Standardization, Metrology and Patents' ban on some wineries will be effective for long period, Agency Director Ramiz Hasanov stated.
19 October 2006 [21:08]
Azerbaijan will not be able to supply Georgia this year with the additional gas supplies that the Georgian government is seeking in order to forestall the possibility of an energy crisis. Some experts in Baku believe that Russia's ongoing diplomatic row with Georgia is influencing Azerbaijani policy decisions.
19 October 2006 [15:57]
Strong fire happened in Khatai district today.
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
Navigating challenges in Azerbaijan's trade turnover amidst global uncertainties
TikTok closed in Kyrgyzstan
Azerbaijan's AccessBank joins UN Global Compact
Rising fuel expenses signals economic challenges for Azerbaijan