Business
02 March 2007 [08:35]
IMF mission visiting Baku has completed the Article IV report on Azerbaijan.
02 March 2007 [08:30]
The weighted average exchange price made up 0.8688 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on March 1.
02 March 2007 [08:28]
National Bank's Board Chair Elman Rustamov and head of IMF mission for Azerbaijan Vitali Kramarenko discussed the recent macroeconomic processes in the country.
02 March 2007 [08:24]
Azerbaijan's President Ilham Aliyev decreed on abolishing Azerbaijan National Aerospace Agency and Special Engineering and Conversion Committee.
02 March 2007 [08:17]
Complains of the interferences of the Ganja police in entrepreneurship reduced by three times compared with last year, Eldar Azizov the Head of Ganja Executive Power said.
02 March 2007 [08:15]
Oil exports have caused Azerbaijan's growth rate to rocket past 30 percent, but Azerbaijani officials know the oil will not last forever.
02 March 2007 [08:11]
Azerbaijan State Customs Committee collected AZN 109.01m in tax and customs against the plan of 107.1m during January-February.
02 March 2007 [08:09]
The first meeting of the Azerbaijan-Latvia intergovernmental commission started in Economic Development Ministry.
02 March 2007 [08:05]
Azerbaijan State Statistical Committee has requested IMF to render technical assistance over improvement of the mechanism for Consumer Price Index calculation in the country.
02 March 2007 [08:00]
Chairman of the Management Board of the National Bank of Azerbaijan, Elman Rustamov has received a delegation led by KfW Senior Vice-President, Doris Kohn.
02 March 2007 [08:00]
Azerbaijan State Agency for Standardization, Metrology and Patents has applied over 7,000 ISO standards in the country.
01 March 2007 [21:50]
Azerbaijan International Mining Operating Company has submitted a report on exploration work in Gadabey and Gosha fields.
01 March 2007 [21:45]
Azerbaijan International Mining Operating Company wants an international monitoring group to be sent to the occupied Azerbaijani lands in order to get acquainted with the situation of gold fields, AIMOC President Rza Veziri told.
01 March 2007 [16:09]
Azerbaijan's President Ilham Aliyev issued an executive order on establishment of a State Commission on control over privatization of state property.
01 March 2007 [16:08]
National Television and Radio Council has not received any appeal on tender for ANS's frequency announced on February 20.
01 March 2007 [16:04]
As of February 1, the amount of loans invested in the economy of Azerbaijan reached AZN 2,493.4m, up 80.6% from a year earlier.
01 March 2007 [14:36]
The first meeting of the Azerbaijan-Latvia intergovernmental commission started in Economic Development Ministry.
01 March 2007 [13:58]
Alan Bryden, Secretary-General of International Organization for Standardization (ISO) has visited Azerbaijan at the invitation of Azerbaijan State Agency for Standardization, Metrology and Patents.
01 March 2007 [09:16]
Alan Bryden, Secretary-General of International Organization for Standardization (ISO) has visited Azerbaijan at the invitation of Azerbaijan State Agency for Standardization, Metrology and Patents.
01 March 2007 [09:14]
Ganja Automobile Plant begins assembling tractors in March this eyar.
01 March 2007 [09:11]
Appeals Court again postponed the legal procedure on the appeals of two former officers of Barmek-Azerbaijan Electricity Distribution, the court informs.
01 March 2007 [09:07]
Azerdemiryolbank will hold a winning campaign called "I paid I won" from March 1 through August 31.
01 March 2007 [08:41]
Parliament is expected to adopt a number of economics bills during the spring session.
01 March 2007 [08:37]
The first meeting of Greece-Azerbaijan intergovernmental commission on economic cooperation will be held March 15, Economic Development Minister Heydar Babayev said.
01 March 2007 [08:36]
There some problems with refund of soviet-time bank savings and the government commission is working on the issue, Ziyad Samadzade, Chair of Parliament Commission for Economic Policy, stated.
01 March 2007 [08:32]
A number of new enterprises will be opened in Azerbaijan this year, aid Economic Development Minister Heydar Babayev.
01 March 2007 [08:28]
Azerbaijan Industry Bank intends to open eight branches by this year end on the scope of the strategic development plan for 2006-2008.
01 March 2007 [08:26]
Asian Development Bank's energy mission will visit Azerbaijan this week.
01 March 2007 [08:24]
Economic Development Minister Heydar Babayev will meet with the Caspian Integration Business Club members.
01 March 2007 [07:54]
Azerbaijan Investment Company (AIC) considered more than 50 investment projects last year.
01 March 2007 [07:45]
First flight from Azerbaijani capital to Belarus capital will be made today, Emin Ilyasov.
01 March 2007 [07:41]
Azerbaijan will transfer $100,000 to the account of the UN Global Alliance for Information and Communication Technologies (ICT) and Development (GAID), Ali Abbasov, Azerbaijani Information and Communication Technologies Minister stated at the meeting of the Strategic Council of the organization.
28 February 2007 [23:14]
"If the Government of Azerbaijan doesn't take effective additional measures, the inflation rate will continue to rise and to hit 17% at the year-end."
28 February 2007 [22:56]
Emergencies Ministry is taking measures to solve the problems caused by recent strong wind in southern regions.
28 February 2007 [16:11]
Health Ministry began to take measures against medicine commercials, the director of Innovation and Supply department of the Ministry Vahid Nagiyev told.
28 February 2007 [16:08]
Azerbaijan's state budget for 2007 will be reconsidered in May.
28 February 2007 [14:32]
Azerbaijan Economic Development Ministry has submitted to the Government the draft document on the country's accession to the World Trade Organization, said Minister Heydar Babayev.
28 February 2007 [09:31]
Invitation of Azerbaijani specialists to contribute to the power generation development in Moldova is commendable, said Azerenergy Vice-Presidetn Marlen Asgarov.
28 February 2007 [09:22]
Foreign Minster Elmar Mammadyarov met with Kazakhstan's President Nursultan Nazarbayev in Astana.
28 February 2007 [09:14]
Delegation headed by Azerbaijani Defense Industry Minister Yaver Jamalov had a business visit in Romania on Feb 19-25.
28 February 2007 [09:09]
One more item has been added to the agenda of the first meeting of Azerbaijan-Latvia intergovernmental commission, Extraordinary and Plenipotentiary Ambassador of Latvia to Azerbaijan Mikhail Popkovsk stated.
28 February 2007 [09:06]
Head of IMF mission for Azerbaijan Vitali Kramarenko is finishing his visit to Azerbaijan.
28 February 2007 [09:05]
January, 2007 Azerbaijan enjoyed trade surplus of US $113,689,000 in trade operations with faraway nations and suffered trade gap of $107,268,800 in trade with Commonwealth of Independent States.
28 February 2007 [09:02]
Standard Insurance increased the total collection of premiums 36% during 2006 to AZN 8.34m.
28 February 2007 [08:56]
Modern buildings are planned to be constructed along the Ganja airport highway, Ganja Mayor Eldar Azizov stated.
28 February 2007 [07:15]
Azerbaijan's Communications and Information Technologies Minister Ali Abbasov visited the scientific core of Silicon Valley, San Jose State University and inked a memorandum of understanding on cooperation with the university.
27 February 2007 [22:07]
Israel is deeply interested in importing natural gas from Azerbaijan and negotiation between the two countries will start soon, said Economic Development Minister Heydar Babayev.
27 February 2007 [22:04]
Washington-based International Centre for Settlement of Investment Disputes (ICSID) will hold a preliminary trial on the arbitration request lodged by Barmek against Azerbaijan's Economic Development Ministry.
27 February 2007 [21:50]
The share of the private sector in gross domestic product generation has reached 81% and the number of legal entities engaged in entrepreneurship exceeded 73,000 in Azerbaijan, Economic Development Minister Heydar Babayev stated.
27 February 2007 [21:46]
Today Azerbaijan's Health Minister Ogtay Shiraliyev chaired a meeting dedicated to problems in the sphere of free and chargeable medical service, distribution of medications to the hospitals and the ways out of the problems.
27 February 2007 [21:43]
"Some forces circulate subversive rumors that energy prices will be re-increased in order to create public tension," said Economic Development Minister Heydar Babayev.
27 February 2007 [21:36]
Azerbaijan Economic Development Ministry is considering a number of companies' proposals on household effluents processing plant construction project.
27 February 2007 [16:26]
Azerbaijan Accounting Chamber found irregularities while auditing industry and construction expenses and Sumgait Power Plant construction expenses in Azerenergy financial statement July 1, 2006.
27 February 2007 [15:29]
Emergencies Ministry is preparing a plan of measures to address all problems caused by natural and man-made disasters.
27 February 2007 [14:39]
Customers of Azerbaijan’s Bakcell mobile operator have been complaining about loss of unused pre-paid talk units (credits), saying the units loss has been more frequent recently.
27 February 2007 [09:20]
25m cubic meters of natural gas have to date been delivered to Azerigas, the national grid, from Shah Deniz gas and condensate field after the restart.
27 February 2007 [09:15]
Sumgait Electricity Network has begun to cut off electricity supply to debtors yesterday.
27 February 2007 [08:50]
Azerbaijan and US are expected to conclude a memorandum on energy cooperation.
27 February 2007 [07:55]
Azerbaijan's draft energy balance for 2007 may be introduced to the Cabinet this week, Industry and Energy Ministry officer Rafig Aliyev stated.
27 February 2007 [07:50]
Baku Circular Road will be commissioned in two years and this will enable trucks and buses to run outside Baku.
27 February 2007 [07:45]
Representatives from Iran's companies engaged in oil-chemical, agricultural, transportation and commerce sectors will be visiting Azerbaijan March 27-28.
27 February 2007 [07:40]
"The cold weather-driven high demand for natural gas is satisfied by underground gasholders in Azerbaijan," said Azerigas Chairman Alikhan Malikov.
27 February 2007 [07:35]
Standard Insurance LLC has changed to Open Joint Stock Company by the decision of shareholders.
27 February 2007 [07:30]
4 criminal cases have been launched on irregularities in the organization of cashless payments and collection of bills for public utilities in result of examinations carried out by Office to Combat Corruption in the regions of Sheki, Goranboy, Shamakhi and Salyan.
27 February 2007 [07:20]
Azerbaijan Labor and Social Protection Ministry has been drafting Social Rehabilitation Program for families on low incomes, said Minister Fuzuli Alakbarov.
26 February 2007 [21:40]
Iran's oil minister warned Turkey on Sunday not to re-export the Islamic state's natural gas to other countries.
26 February 2007 [19:50]
Azerbaijan's Cabinet has approved of Regulations on Targeting of Budget Revenues in Foreign Currencies toward Expenditures in the Same Currencies.
26 February 2007 [19:04]
Inflation rate stood at 6.4% in January and gained 1.3% during the past period of February, said Chairman of State Statistical Committee Arif Valiyev.
26 February 2007 [18:10]
Azerbaijani Economic Development Minister Heydar Babayev visited Israel at invitation last week and met with Israeli Foreign Minister Tzipi Livni and Infrastructure Minister Benjamin Ben-Eliezer and Strategic Affairs Minister Avigdor Lieberman to discuss bilateral relation and development prospects.
26 February 2007 [17:18]
Today, Azerbaijan is enjoying fast social and economic growth and can afford to finance education so as to ensure that the development flag will be carried out ahead in the future.
26 February 2007 [15:14]
"It is true that senior officials of Azerigas have been detained. But the detention is related to their personal affairs. It has nothing to do with their activity in the company. I must add that one of the detainees, department chief Anar Aliyev has already been released," chief of Azerigas CJSC Alikhan Malikov told, commenting on detention of three officials of the company by Azerbaijan's National Security Ministry with suspicion of their banned religious functioning.
26 February 2007 [14:50]
Azerfon LLC, the third GSM operator in Azerbaijan, will come on stream within the first quarter of this year.
26 February 2007 [13:16]
Baku Ring Road will be commissioned in two years and this will enable trucks and buses to run outside Baku.
26 February 2007 [12:28]
State Labor Inspection is going to examine construction companies in order to study working conditions and labor safety there, SLI chief Nebi Shukurlu stated.
26 February 2007 [11:35]
Kim Yoon-mi writing for the Korea Herald reported that Daewoo International Corp. said yesterday it will export 1,000 buses worth $60 million to Azerbaijan under a contract with the country's state-run transportation company Transgeyt.
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