Business
27 February 2009 [15:47]
The National Bank of Azerbaijan is planning to ensure stability of the national currency rate, said chairman of the National Bank of Azerbaijan at a press conference Friday.
27 February 2009 [14:37]
Chairman of the National Bank of Azerbaijan Elman Rustamov considers inflation of 5-6% to be optimal for 2009.
27 February 2009 [13:42]
Investments in Azerbaijan's 27 oil and gas contracts which were signed with foreign companies amounted to $30 billion, State Oil Company of Azerbaijan Republic (SOCAR) President Rovnag Abdullayev told journalists on Feb. 27, according to Trend Capital.
27 February 2009 [12:48]
Azerbaijan will re-impose the Value Added Tax on food wheat and flour imports from April 1 a year after the tax was scrapped, said Ismat Abasov, Minister of Agriculture.
27 February 2009 [12:46]
By the end of 2013 Azerigaz plans to raise the level of gas supplies to Azerbaijani population up to 93-95% from current 85%, said deputy chairman of Azerigaz Nazim Samedzade, according to Trend Capital.
27 February 2009 [12:28]
26 February 2009 [18:39]
The SOFAR budget for 2009 has already been developed, according to SOFAR chief executive Shahmar Movsumov, Novosti-Azerbaijan reports.
26 February 2009 [14:18]
"Consultations on opening a new air line Athens-Baku to connect the capitals of Azerbaijan and Greece continue by diplomatic channels", said Greek ambassador to Azerbaijan Johannes Metaksas, according to AzerTac.
26 February 2009 [12:04]
The third session of the intergovernmental economic commission Azerbaijan-Greece will be held in the capital of Azerbaijan - Baku, according to AzerTac.
18 February 2009 [15:40]
During the visit to Warsaw Armenian FM Edward Nalbadyan visited OSCE/ODIHR where he met with head of the office Yanush Lenrchik.
18 February 2009 [14:54]
The National Bank of Ukraine has instructed the local banks to take into account recommendations of UN, FATF, MONEYVAL and other international organizations that influence assessment of risks of the countries and jurisdictions.
17 February 2009 [18:08]
Probably the Azerbaijani Mortgage Foundation will resume mortgage lending this year.
17 February 2009 [17:32]
The Azerbaijan Investment Company in cooperation with the US Agency on International Development will hold an investment conference in Sheki on March 3.
17 February 2009 [16:19]
A delegation, led by president of the National organization of entrepreneurs of Azerbaijan Alekper Mamedov is paying a working visit to Germany.
17 February 2009 [15:00]
"Real estate prices continue falling down in the capital city", said Ramil Osmanov, chief executive of the public association "Real estate market participants" speaking about the situation on the real estate market.
17 February 2009 [14:31]
Last year the commercial chamber of Istanbul registered 125 companies from Azerbaijan, 451 from Germany, 358 from Netherlands and 170 from Iran.
16 February 2009 [18:39]
16 February 2009 [17:06]
16 February 2009 [17:00]
An international conference on Extractive Industries Transparency Initiative was launched in Doha (Qatar), said sources in the State Oil Fund of Azerbaijan.
16 February 2009 [16:42]
Sumgayitelektrikshebeke stock company has made a concession to Azersu company in the issue of repayment of debt for electricity, said spokesman for Sumgayitelektrikshebeke Anar Guliyev.
16 February 2009 [15:06]
16 February 2009 [13:31]
The global financial crisis has not caused problems in the insurance sector of Azerbaijan, said chief of department of the state insurance control under the Finance Ministry Namik Khalilov.
16 February 2009 [12:00]
The research group to study market of the OIC member-states - DinarStandardis has released a rating of 100 best companies of 2008.
13 February 2009 [14:35]
SOCAR department of marketing and economic operations of Azerbaijan has declared Glencore Energy UK Ltd (Great Britain) a purchaser of 1 mln Azeri Light oil barrels, according to the SOCAR press service.
13 February 2009 [13:23]
President of Azerbaijan Ilham Aliyev considers it necessary to reduce country's dependence on oil to minimum in the future.
13 February 2009 [12:57]
A delegation of the Minsk region of Belarus to be led by governor of this region Leodin Krupets is planning to visit Azerbaijan on February 23-26, according to AzerTac.
13 February 2009 [12:25]
The first session of the Azerbaijan-Jordan intergovernmental commission on trade-economic and technical cooperation will be held in the capital of Jordan Amman on February 25-26, according to AzerTac.
13 February 2009 [11:12]
Azerbaijan President Ilham Aliyev has today inaugurated the Baku International Bus Station Complex.
13 February 2009 [10:38]
President Ilham Aliyev inaugurated a tunnel on the Khyrdalan circle at the 11th km point of the Baku-Guba-Russia border highway.
13 February 2009 [09:59]
President Ilham Aliyev attended an inauguration ceremony of an interchange on the 16th km point of the Baku-Guba-Russia border highway.
12 February 2009 [15:40]
"The drop in basic oil price in the state budget for 2009 can be viewed in the Azerbaijani parliament only in May-June", said member of the standing commission of Milli Medjlis on economic policy Vahid Ahmedov.
12 February 2009 [14:31]
11 February 2009 [12:51]
SOCAR department of marketing and economic operations declared Taurus Petroleum Limited (Switzerland) the purchaser of 600,000 Azeri Light oil barrels.
10 February 2009 [17:38]
At today's plenary session of Milli Medjlis deputies in the third reading adopted a draft law "On combat against legalization of illegal money or other property and financing terrorism".
10 February 2009 [12:59]
Electricity supply to the pumping stations of the objects of water economy of the Azersu stock company, according to the press service for the open stock company Sumgayitelektrikshebeke.
10 February 2009 [12:36]
09 February 2009 [16:07]
09 February 2009 [10:52]
09 February 2009 [10:08]
The International exhibition of tourism and travels of East Mediterranean - EMITT will be held in Istanbul (Turkey) on February 12-15.
07 February 2009 [13:45]
The foodstuffs market of Azerbaijan is in a poor state, said chairman of the Union of Free Consumers Eyub Huseynov speaking about the situation on the foodstuffs market of Azerbaijan.
07 February 2009 [12:33]
07 February 2009 [10:23]
SOCAR department of Marketing and Economic Operations declared Sumato Energy Group Limited (New Zealand) the purchaser of 1 mln barrels of AzeriLight oil, according to the press service for SOCAR.
06 February 2009 [17:41]
Azerbaijani Ministry of Economic Development organized a forum on "Cooperation of small and middle enterprises of Azerbaijan and Korea in the sphere of use of advanced information and communication technologies".
06 February 2009 [17:22]
Azerbaijani Minister of Agriculture Ismet Abbasov is positively assessing the situation in agriculture.
05 February 2009 [18:41]
In 2008 Azerbaijan conducted import and export transactions with 140 countries of a total of $54.9 bln, said sources from the State Statistical Committee.
05 February 2009 [18:26]
Certain corrections have been introduced to the SOCAR project due to the drop in oil prices on the world markets, said SOCAR president Rovnag Abdullayev, according to Novosti-Azerbaijan.
05 February 2009 [11:48]
"Ukraine supports the Nabucco project and will take Azerbaijan's position in this issue into account", said Ukrainian ambassador to Azerbaijan Boris Klimchuk.
04 February 2009 [18:22]
"Nabucco needs Turkey and this country is in Nabucco", said chief executive of the Nabucco project Reinhard Mitchek, according to Turkish ANKA news agency.
04 February 2009 [18:08]
Great importance will be attached to the establishment of external ties for economic development of the Erzurum oblast (Turkey).
04 February 2009 [16:05]
04 February 2009 [14:13]
Azerbaijan should hold "hidden" analysis and compile a list of companies in need of state support, said Ali Masimli, deputy and member of the standing parliamentary commission on economic policy speaking about the proposals on nationalization of large companies.
04 February 2009 [13:23]
The Tariff Council of Azerbaijan does not consider issue about rise in fuel prices.
04 February 2009 [11:54]
04 February 2009 [11:40]
Expert of the International energy agency and organization for economic cooperation and development Mehmeh Ogutchu is skeptical about the implementation of the Nabucco gas pipeline.
03 February 2009 [15:13]
03 February 2009 [11:15]
02 February 2009 [18:47]
The seventh international GAPSHOES fair opened in Gaziantepe (Turkey).
02 February 2009 [18:41]
President of Iran Mahmud Ahmadinejad invited the Turkish President to attend the tenth summit of the Organization for Economic Cooperation to be held in Tehran on March 11 of this year.
02 February 2009 [18:26]
Turkish Airlines has cut air ticket prices for Baku-Istanbul-Baku flights by 14%.
02 February 2009 [17:33]
In 2008 Ceyhan port launched 245,000,000 barrels of Azerbaijani oil out of 313,000,000.
02 February 2009 [16:24]
Azerbaijan is interested in the Nabucco project but considers that large financial means should be found for its implementation, said country's president Ilham Aliyev.
02 February 2009 [14:57]
31 January 2009 [14:22]
31 January 2009 [12:36]
President of Azerbaijan Ilham Aliyev has participated in a forum on Business Interaction Group on Azerbaijan in Davos.
31 January 2009 [12:10]
Azerbaijan's explosive economic growth will slow this year to 10 percent as the Caspian oil producer seeks to stabilise crude prices with oil output cuts, Azeri President Ilham Aliyev told Reuters.
30 January 2009 [18:50]
Air flights by the Baku-Kars route will resume in late April, said consul general of Azerbaijan to Kars Hasan Sultanoghlu, reports the Turkish Anadolu news agency.
30 January 2009 [15:43]
President of Azerbaijan Ilham Aliyev will be invited to Saint Petersburg for the 13th Petersburg international economic forum to be held on June 4-6 of this year, report sources from the steering committee of the forum, according to Novosti-Azeraijan.
30 January 2009 [10:27]
President Ilham Aliyev attended a special session on "Oil and gas geopolitics – a map in transition" held at the Morosani Schweizerhof hotel on January 29.
29 January 2009 [11:59]
The National bank of Azerbaijan will reduce discount rate from 8 to 5% from February 2 of this year, said the press service for the National Bank of Azerbaijan.
29 January 2009 [10:44]
SOCAR president Rovnag Abdullayev received a delegation of Iranian NICO headed by its leader Mohamed Cavad Asemipur on January 28.
28 January 2009 [18:03]
27 January 2009 [16:40]
The Nabucco project has no concept, said Ilham Shaban, head of the Center of Oil Studies, according to Novosti-Azerbaijan.
27 January 2009 [14:16]
27 January 2009 [12:37]
Bulgaria will receive gas from Azerbaijan.
26 January 2009 [10:58]
Turkish Minister of Energy and Natural Resources Hilmi Guler will leave for the Hungarian capital Budapest to discuss project of Nabucco gas pipeline, reports Day.Az with reference to Turkish Cihan.
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