Business
13 March 2007 [15:36]
Azerkimya state-owned chemicals maker is drafting proposals on application of new technology and acceleration of chemical industry development in the country.
13 March 2007 [14:46]
Finance Ministry found waste of AZN 78.9m in the state budget-funded organizations during 2006, five times higher than a year earlier.
13 March 2007 [13:38]
"At present rise of prices for grain is natural case. Because every year when the grain is collected the price is cheap, but later it becomes expensive. The price for grain will not rise after it," official of Azerbaijan's Agriculture Ministry Mammad Huseynov told.
13 March 2007 [10:07]
Swiss State Secretariat for Economic Affairs (SECO) plans to allocate $5m technical assistance to projects being implemented in Azerbaijan.
13 March 2007 [10:03]
Georgian Prime Minster Zurab Nogaideli announced overall support to the Caspian Integration Business Club (CIBC) during a meeting with the delegation from CIBC and "Caspian Energy" International Publishing House on March 9 in Tbilisi.
13 March 2007 [09:53]
Monday, Aktau hosted the meeting bringing together the heads of Azerbaijani and Russian Accounting Chambers and Kazakh Audit Committee to discuss use the bioresources, protection, rearing and efficient use of sturgeon and marine stocks.
13 March 2007 [09:38]
Elman Zeynalov, Ambassador of Azerbaijan to Bulgaria, said "Baku-Tbilisi-Akhalkalaki-Kars railway will contribute to the development of Azerbaijan-Bulgaria relations".
13 March 2007 [09:32]
The subscribers with double-sided closed lines gain an opportunity of reactivating their lines.
13 March 2007 [09:31]
Government plans to discuss suspending all main and subsidiary enterprises of Azerkimya State Company, Deputy Head of Sumgayit Executive Power Akif Zeynalov said.
13 March 2007 [09:30]
There will be no interruptions in natural gas supply in Azerbaijan during holidays.
13 March 2007 [09:29]
Azerbaijan State Oil Company (SOCAR) and Thailand's PTT Public Co Ltd have signed a one-year agreement for exportation of crude oil of Azerbaijan.
13 March 2007 [09:28]
Khalg Insurance plans to open a branch in Sumgait in the first half of the year.
13 March 2007 [09:27]
New telecommunication line is being constructed for amplifying communication between Georgia and Azerbaijan.
13 March 2007 [09:26]
The delegation for Consortium established with the participation of Mott McDonald (Great Britain), CNTOR Management Consultant (Greece) and ASPI Consulting Engineers (Azerbaijan) left for Ashgabat to discuss issues on transportation of Turkmen gas to Europe through Azerbaijan territory. The visit will end on March, 15.
13 March 2007 [09:25]
Azer-Turk Bank intends to open its first branch in Ganja during the first half of the year.
13 March 2007 [09:20]
Consultative Group to Assist the Poorest awarded two financial institutions of Azerbaijan in 2006.
13 March 2007 [09:19]
The opening ceremony of Nahang Dash trade center built in 6 hectare area in 'Yeni Ganja' was held in Ganja.
12 March 2007 [23:32]
Monday, Aktau hosted the meeting bringing together the heads of Azerbaijani and Russian Accounting Chambers and Kazakh Audit Committee to discuss use the bioresources, protection, rearing and efficient use of sturgeon and marine stocks.
12 March 2007 [23:25]
Azerbaijan's State-owned chemicals maker owes a great amount of electricity bill to Sumgait Electricity Networks and won't pay off despite regular warnings, the SEN spokesman Mubariz Zeynalov stated.
12 March 2007 [22:54]
IFC inked an agreement with Azerbaijan's Bank Respublika to open a $5m credit line on-lending to small and medium-sized enterprises.
12 March 2007 [22:29]
Monday, power outage struck districts of Sabayel and Nasimi in Baku following the power grid failure in afternoon.
12 March 2007 [14:40]
Azerbaijan's Taxes Ministry has started to receive tax declarations on trial.
12 March 2007 [13:53]
In April Azerbaijan Microfinance Association will host an international conference, bringing together about 20 microfinance organizations, as well as government and bank representatives to discuss rating services.
12 March 2007 [10:26]
Free Consumers' Union appealed to Baku Mayor's Office for picket on March 15 on the occasion of World Consumers Day.
10 March 2007 [15:46]
Russian police have searched the Moscow office of the international auditing company PricewaterhouseCoopers.
10 March 2007 [14:55]
The U.S. Food and Medicine Agency has banned the sale of 'Jermuk' mineral water produced in Armenia.
10 March 2007 [14:55]
10 March 2007 [14:52]
Azercell Telecom offered for SimSim, GenjSim and BizdenBize subscribers the scratch card in the amount of 5 AZN.
10 March 2007 [14:37]
Most of oil products were sold in Baku within February, the least indicator recorded in Horadiz settlement of Fuzuli region of Azerbaijan.
10 March 2007 [11:19]
Latvia's Parex Leasing & Factoring increased investments in Azerbaijan by fivefold in February to $5,030,022.
10 March 2007 [11:17]
March 13-14 the EBRD will host a conference bringing together the heads of Multilateral Development Banks, high-ranking government officials and senior corporate executives who will discuss concrete initiatives to combat climate change in a partnership between the public and private sectors.
10 March 2007 [11:13]
Azerbaijan Social Protection Fund is negotiating with BP and other oil companies operating in the country on provision of social insurance for foreign employees.
10 March 2007 [11:10]
Some 30,000 hectares of territory were polluted in Absheron Peninsula, Azeri land and Cartography Committee Chairman Garib Mammadov said.
10 March 2007 [11:08]
Azerbaijan Tural Sigorta Insurance Company intends to boost its authorized capital 7.1% to AZN 750,000 by the end of this year.
10 March 2007 [11:06]
No restrictions on gas supply to population were set forth in the Azerbaijan's energy balance for 2007.
10 March 2007 [11:01]
The weighted average exchange price made up 0.8682 AZN/USD at trading sessions on the Baku Interbank Currency Exchange.
10 March 2007 [10:57]
601.42mln cubic meters of gas were delivered to Azerigas against the planned 547.31mln cubic meters in February, 2007.
10 March 2007 [10:56]
Uraltrubmash shows great interest in Azerbaijan's market.
10 March 2007 [10:27]
AzAuto, official importer of Isuzu vehicles in Azerbaijan will present Turkish-made RoyBus and Japanese-made CYZ-51K dump trucks at the fourth Azerbaijan International Automotive Exhibition-AutoShow Azerbaijan-2007.
10 March 2007 [10:19]
Booz Allen Hamilton consulting firm will submit the package of proposals on Regional Innovation Zones Establishment Project to the Ministry of Communications and Information Technologies in late March.
09 March 2007 [23:10]
International Finance Corporation and Azerbaijan Investment Company signed a memorandum of understanding on mutual cooperation for corporate governance in Azerbaijan.
09 March 2007 [15:10]
Preliminary trial on case of Huseyn Arabul and 7 Barmek officials will be held in Court of Grave Crimes March 19.
09 March 2007 [14:47]
Georgia will be receiving Shah Deniz Gas via Baku-Tbilisi-Erzurum pipeline as from March 15, Georgia's Energy Minister Nika Gilauri stated.
09 March 2007 [14:17]
Azerbaijan State Oil Company (SOCAR) and Turkish state-owned Petroleum Pipeline Corporation BOTAS are negotiating on delivery of the Caspian Shah Deniz gas to Turkey.
09 March 2007 [12:24]
An agreement on construction of the pipeline alternative to Baku-Tbilisi-Ceyhan will be signed next week.
09 March 2007 [11:44]
India's largest refiner Indian Oil Corp (IOC) has bought at least 1 million barrels of Azeri Light crude via its monthly tender, traders said on Friday.
09 March 2007 [11:30]
Azerbaijan's economy, drunk on oil, is suffering rapid inflation.
08 March 2007 [12:28]
Azerbaijan Economic Development Ministry's Antimonopoly Service will monitor the market in order to prevent artificial price increase on the eve of Novruz Holiday.
08 March 2007 [12:27]
Effective March 1, the targeted social assistance benefits rise AZN 5 for every member of the vulnerable families.
08 March 2007 [12:26]
Up to now, Technikabank has lent 169 mortgage loans worth AZN 4.2m on the scope of the mortgage lending process through funding from the Azerbaijan Mortgage Fund.
08 March 2007 [12:26]
Azerbaijan Industry and Energy Minister Natig Aliyev has met with Hungarian ambassador to Turkey and Azerbaijan Istvan Szabo and discussed prospects for oil and gas cooperation between the two countries.
08 March 2007 [12:25]
Azerbaijan Industry and Energy Minister Natig Aliyev met with Mexican ambassador to Azerbaijan Salvador Campos Icardo and briefed the guest about Azerbaijan's industry and energy sector, project and programs and oil and gas resources.
08 March 2007 [12:05]
The power supply landlines will be replaced by underground cables by this year's end.
08 March 2007 [12:04]
Transport Ministers of TRACECA member states will meet in Astana in September-October.
08 March 2007 [11:54]
Poland is planning to host a Caspian crude oil summit in which the heads of states of Azerbaijan, Georgia, Kazakhstan and Ukraine will discuss the transpoet of crude oil into the European Union zone, German news reports said Wednesday.
08 March 2007 [11:50]
State Oil Company (SOCAR) will hire the State Department's Future Leaders Exchange (FLEX) Program alumni on the scope of the From-Exchange-To-Practice Project.
08 March 2007 [11:19]
Oil supply from countries outside OPEC will grow strongly through 2007 because of significant new production in central Asia, North America and Africa, energy consultants Wood Mackenzie said on Wednesday.
07 March 2007 [22:48]
The materials of the criminal case launched on Barmek Electricity Distribution president and seven more officers were sent to the Court of Grave Crimes, the deputy chairman of the Bar Association Farhad Najafov told.
07 March 2007 [22:14]
Azerbaijan Economic Development Ministry's Antimonopoly Service will monitor the market in order to prevent artificial price increase on the eve of Novruz Holiday.
07 March 2007 [22:02]
Labor and Social Protection Ministry will submit a package of proposals to the Cabinet to better target social assistance benefits to the most vulnerable groups.
07 March 2007 [14:04]
Emergencies Ministry set up a special commission to determine buildings in danger.
07 March 2007 [13:54]
Fertilizer producing plant will be constructed in Sumgayit.
07 March 2007 [13:36]
Emergencies Ministry sent the fifth part of building materials to Balaken, Sheki, Gakh, Oguz, Gebele, Ismayilli and Gusar regions to remove the results of windstorm on the night of February 24-25.
07 March 2007 [12:18]
Baku Electricity Network will cut off supply to all debtor customers at 14:00, March 9.
07 March 2007 [11:33]
The first Caspian trade and transport conference will be carried out in Baku, the capital of Azerbaijan, on April 23-24.
07 March 2007 [09:20]
On March 14-18TUYAP Congress and Exhibition center will host an agriculture fair in Konya, Turkey.
07 March 2007 [09:17]
Azercell Telecom JV has completed all paperwork for privatization of the state's stake in the company.
07 March 2007 [09:15]
Belarus companies intend to participate in reconstruction of Azerbaijan's Mingechevir Hydroelectric Power Plant, said the ambassador to Azerbaijan Nikolay Patskevich.
07 March 2007 [08:46]
Heads of Azerbaijani, Kazakh and Russian Accounting Chambers will meet in Aktau on March 12.
07 March 2007 [08:39]
Azerbaijan's AtaLeasing increased investments in February by 1.43% to AZN 355,000.
07 March 2007 [08:20]
In February, the exchange rate of Azeri manat against the US dollar rose 0.15% to 0.8688 AZN/USD from AZN 0.8701 AZN/USD1.
07 March 2007 [08:20]
Azerbaijan's Pasha Sigorta Insurance intends to raise its authorized capital 50% to AZN 1.5m during the first half of the year.
07 March 2007 [08:18]
The design engineering for Baku Ring Road Project has been complete and the road will be 60km, longer then planned because of buildings on the project road.
07 March 2007 [08:16]
The 6th meeting of the TRACECA Intergovernmental Commission scheduled for May has been postponed.
07 March 2007 [08:13]
The second part of the commercial demonstrating tourism potentials of Azerbaijan has started to be broadcasted on CNN channel.
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