Business

26 May 2010 [15:22]

Israel willing to expand ties with Azerbaijan in alternative and renewable energy sources

Israel is interested in increasing the number of gas suppliers to its market, National Infrastructures Ministry Director-General Shaul Zemach said.
25 May 2010 [15:46]

Azerbaijan's business opportunities presented in Germany

Frankfurt hosted a conference "Azerbaijan - the country of investment" under the global business week May 17- 21 in, the Azerbaijani Economic Development Ministry reported.
24 May 2010 [16:13]

Fitch increases SOCAR's rating

24 May 2010 [14:30]

Azerbaijan's foreign debt exeeds $3.440 billion

As of April 1, 2010, the foreign national debt of Azerbaijan made $ 3 440.3 bln, up 0.5% compared with the beginning of 2010.
24 May 2010 [09:50]

Azerbaijan earns nearly $94m from traffic via Traceca in Q1 of 2010

Cargo and passenger traffic via the Azerbaijani section of the TRACECA corridor earned the country AZN75.2 million or nearly $94m in the first three months of 2010, the State Statistical Committee said.
22 May 2010 [14:12]

Commodity turnover between Azerbaijan and Russia to reach $3 billion in 2010

A commodity turnover between Azerbaijan and Russia is expected to reach 3 billion dollars by the end of 2010, chief of the trade delegates of Russia to Azerbaijan Yury Shedrin said at the meeting of Azerbaijan-Russia Chamber of Commerce in Baku.
22 May 2010 [11:08]

Azerbaijan's finance minister: Significant drop in euro rate not expected

Euro-zone countries will not allow the depreciation of euros in relevant to the dollar below the level at which the euro started - 1.19 dollar per one euros, said the Minister of Finance of Azerbaijan Samir Sharifov.
22 May 2010 [09:00]

SOCAR's Black Sea terminal transports Tengiz oil

At the Black Sea terminal of SOCAR in Kulevi, Georgia, transportation of crude oil has started.
21 May 2010 [16:49]

SOCAR presents Poty gas supply project

SOCAR Georgiagaz Company presented a project to supply Georgian city Poty with gas.
21 May 2010 [15:15]

SOCAR joins annual Global Refining Summit 2010 in Netherlands

The State Oil Company of Azerbaijan Republic (SOCAR) has participated for the first time in the 4th Annual Global Refining Summit 2010 in Rotterdam, the Netherlands.
21 May 2010 [14:40]

International conference "Azerbaijan – Country of Investments" wraps up in Frankfurt

A conference “Azerbaijan – country of investments” has ended in Frankfurt within the annual Global Business Week.
21 May 2010 [14:06]

Azerbaijan in EXPO 2010 held under motto "Better City - Better Life" – PHOTO

Universal exhibition EXPO-2010 in China is held under the motto "Better City - Better Life".
20 May 2010 [10:25]

ICT minister meets Azerbaijan-Turkey Business Association chief

Azeri Minister of Communication and Information Technology Ali Abbasov has met CEO of the Azerbaijan Turkey Business Association (ATIB) Fatima Aslan.
20 May 2010 [09:05]

Members of Romania-Turkey Businesswomen Association in Baku

A meeting has been held with members of the Romania-Turkey Businesswomen Association at the Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan.
19 May 2010 [14:21]

GDP grew by 5% for 4 months in Azerbaijan

The gross domestic product (GDP) grew by 5% to 13 billion AZN during four months of 2010 in Azerbaijan, State Statistic Committee said.
19 May 2010 [13:59]

SOCAR supplies Azerbaijan gas system with over 972 million cm

The State Oil Company of Azerbaijan Republic (SOCAR) supplied a gas system of the country with 972.339,000 cm in April.
19 May 2010 [10:51]

Azerbaijan state oil company launches new oiler

The State Oil Company of Azerbaijan (SOCAR) has put into operation another oiler in the "Gum Deniz" field, the company said.
19 May 2010 [09:26]

Tokyo hosts Japan-Azerbaijan investment forum

Over a total of 200 Japanese and Azerbaijani officials and businessmen have come together in Tokyo for a joint investment forum.
18 May 2010 [17:11]

Members of Romania-Turkey Businesswomen Association to visit Azerbaijan

Members of the Romania-Turkey Businesswomen Association will tomorrow visit Azerbaijan.
18 May 2010 [12:53]

Azerbaijani Minister of Finance Samir Sharifov: We have to delay emission of euro bonds

Interview with Azerbaijani Minister of Finance Samir Sharifov.
18 May 2010 [12:46]

BP spent $1.4m in Azerbaijan alone in 1st quarter of 2010 on sustainable development projects

BP said it spent around $1.36 million in Azerbaijan alone on sustainable development projects during the first quarter of 2010.
15 May 2010 [13:28]

SOCAR appoints new vice-presidents

President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev introduced new vice-presidents to the staff of the company.
15 May 2010 [09:51]

Azerbaijan discloses 12th EITI report

The meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on Friday.
14 May 2010 [15:22]

Azerbaijan's delegation attends International Forum in Sydney

Sydney has hosted an International Forum of Sovereign Wealth Funds (Forum).
14 May 2010 [10:05]

Belgrade to host 2nd Serbian-Azerbaijani business forum

A 2nd Azerbaijan-Serbia business forum will be held in Belgrade, said a Serbian state secretary.
12 May 2010 [16:30]

NGO: Azerbaijan has more alternative inflation rate than official rate

Azerbaijan recorded 0.73% inflation in April and 6.82% compared to the same period in 2009, the Economic Research Center reported today.
12 May 2010 [11:50]

Azerbaijan, Belarus to establish joint car-repair plant

Azerbaijan and Belarus are expected to establish joint car-repair plant.