Business
26 April 2007 [23:48]
Azerigas, State Gas Supply Company has cut off supply to defaulting customers of Kurdekhani, Pirshaghi, Mashtaga, Bilgeh and Nardaran districts of Baku.
26 April 2007 [15:09]
The authorities have started to clear the highway going to the Heydar Aliyev International Airport from communications because of the road reconstruction project.
26 April 2007 [14:43]
Transport Ministry intends to appeal to the Tariff Council, the State Prices Regulator, for reconsideration of Baku-Sumgait bus fares.
26 April 2007 [10:12]
The State Oil Company of Azerbaijan and Palmali Group of Companies are negotiating on transportation of crude oil from Ceyhan Port, the outfall of Baku-Tbilisi-Ceyhan pipeline.
26 April 2007 [10:10]
Bank Standard has completed the lottery choosing a client for Arsenal-Chelsea match, England Premier League.
26 April 2007 [10:08]
In the medium run the European market may feel hungry for Russian oil, said Vahid Alakbarov, the President of Russia's biggest oil producer, LUKoil.
26 April 2007 [09:26]
Azerbaijan Caspian Shipping Company and Russia's Krasnoye Sormovo enterprise will conclude the next agreement.
26 April 2007 [09:23]
Azerbaijani Accounting Chamber (AAC) has approved auditing standards on Analytical procedures.
26 April 2007 [09:20]
The project to upgrade the networking architecture in the National Bank of Azerbaijan on the basis of CISCO provision has been completed.
26 April 2007 [09:19]
Azerbaijan's Ganja Auto Plant will launch assembly of MAZ trucks in a few days.
26 April 2007 [09:17]
Azerbaijani State Committee on Management of Property has hold meeting on 1Q results on privatization and management of state property.
26 April 2007 [09:16]
Sumgait Electricity Networks has cut power supply to some 10,000 defaulting customers since Tuesday.
26 April 2007 [09:15]
On 30 April, UK Bureau Veritas Quality International will conduct audit in AtaLeasing Company on application of Quality Management System that meets ISO 9001:2000 standards.
26 April 2007 [09:14]
Money transfers through Azerdemiryolbank reached $8.24 million equivalent for the first quarter, 2.8 times higher than a year earlier. The earnings from transfers increased more than 3.5 times.
26 April 2007 [09:13]
Director General of KamAz Sergey Koqogin will visit Azerbaijan this year.
26 April 2007 [09:12]
AzerEnergy, State Electricity Company intends to economize on fuel consumption in electricity generation by upgrading the running technology in power plants.
26 April 2007 [08:52]
Azerbaijan Bank Training Center (ABTC) has started to implement CAP- Certified Accountant Practitioner Program for accountants of local finance organizations.
26 April 2007 [08:40]
World Bank's mission on Internally Displaced Persons (IDPs) Economic Development Support Project lead by Ellen Hamilton has visited Galagayn IDPs camp in Sabirabad.
26 April 2007 [08:22]
Jordan's Minister of Energy and Mineral Recourses, Khaled Al-Shreidah met separately on Wednesday with the ambassadors of Azerbaijan to Jordan.
26 April 2007 [08:19]
On April, 24 Azerbaijain Investing Company and South Korean STX Shipbuilding Co. signed the memorandum of understanding due to which it is planned to build a shipyard to produce and repair tankers in Garadag district.
25 April 2007 [22:11]
Russia shows interest to take part in privatization of banks in Azerbaijan, said Yuri Shedrin, Head of Russia's Trade Office in Azerbaijan.
25 April 2007 [15:10]
Delegation of Russia's largest aluminum company Rusal will visit Baku this year, said Head of Russia's Trade Office in Azerbaijan Yuri Shedrin.
25 April 2007 [14:43]
Russian oil company RussNeft will begin developing two oil field in Azerbaijan May 3, a Russian trade representative in the Caspian country said Wednesday.
25 April 2007 [14:37]
The trade between Azerbaijan and Russia grew 20.4%, year-on-year, during the first quarter, said Head of the Russia's Trade Office in Azerbaijan Yuri Shedrin.
25 April 2007 [14:31]
Parliament's commission for economical & political affairs held meeting.
25 April 2007 [14:06]
The State Oil Company of Azerbaijan (SOCAR) has sent a delegation to Moldova to study the prospects of oil exploration, development and recovery in this country.
25 April 2007 [13:36]
Two IMF missions have visited Azerbaijan to render technical assistance to the National Bank and State Statistical Committee.
25 April 2007 [13:26]
The Government of Azerbaijan has sent answers to the Washington-based International Centre for Settlement of Investment Disputes (ICSID) for Barmek Azerbaijan Electricity Networks' arbitration request against it.
25 April 2007 [11:59]
The United States congratulated Turkey and the developers of the Samsun-Ceyhan oil pipeline for Tuesday's historic groundbreaking.
25 April 2007 [09:22]
Baku will host Azerbaijan-Israel telecommunications and high-tech business-forum from May 7 to 8.
25 April 2007 [09:19]
Today, the Director of Azerbaijan's State Agency for Standardization, Metrology and Patents, Ramiz Hasanov, met with Caspian Integration Business Club members.
25 April 2007 [09:17]
Fire safety is not observed in some buildings, as well as the majority of establishments in Baku, Etibar Mirzayev, Deputy Emergencies Minister said a briefing on April 24.
25 April 2007 [09:10]
If the standards are not observed during the construction of gas and electricity lines, Emergences Ministry will forbid energy delivery.
25 April 2007 [09:09]
Emergences Ministry examined that firefighting equipment brought to Azerbaijan from Turkey, Iran, Russia, China and other countries do not meet standards.
25 April 2007 [09:01]
Azercell Telecom JV put into operation roaming service with Bosnia and Herzegovina's Public Enterprise Croatian Telecom, Korea's SK Telecom, Croatia's Tele 2 (GSM1800) and Slovakia's Telefonica O2 (GSM900/1800).
25 April 2007 [08:58]
The representatives of the Antimonopoly State Service attend the next Vienna Seminar organized by Hungary Regional Centre for Competition in Budapest.
25 April 2007 [08:46]
BTC Co. has been studying the prospects of expansion of the Baku-Tbilisi-Ceyhan daily throughput capacity to 1.2 million barrels from the current operating capacity of one million bpd.
25 April 2007 [08:44]
A 7,000-kilometer circular road around the Black Sea will be built within the next few years, says a draft memorandum of the Black Sea Economic Cooperation Organization approved by the Russian government.
25 April 2007 [08:39]
The Taxes Ministry of Azerbaijan transferred AZN 226,271 to the state budget against the target of AZN 250,058.7 at a 9.5% deficit during March.
25 April 2007 [08:38]
Baku will host the meeting of Azerbaijani and Iranian experts of railway administrations on North-South Transport Corridor in mid May.
25 April 2007 [08:38]
Azerbaijan's EraTrans Insurance Company intends to establish local branches in the regions of Lenkeran, Yevlakh, Barda and Aghsu.
25 April 2007 [08:30]
World Bank's mission on Internally Displaced Persons (IDPs) Economic Development Support Project visits Baku. This project aims to improve living conditions, enhance economic opportunities and prospects for social integration for IDPs.
24 April 2007 [16:57]
"US is keen in cooperation with Azerbaijan, Kazakhstan, Turkmenistan, Iraq, which are transporting natural gas from the region via Turkey to Europe," US Embassy in Turkey stated in support to the ceremony of foundation laying of Samsun-Ceyhan pipeline.
24 April 2007 [16:26]
Business forum is being held in Seoul with the participation of Azerbaijani and South Korean government officials and businessmen.
24 April 2007 [15:54]
Tuesday, Azerbaijan Investment Company and STX Corporation sealed two memorandums of understanding within the scope of a joint business forum in Seoul.
24 April 2007 [14:54]
Two road bridges, one in the intersection of Darnagul Highway and Bunyadov Avenue and the second in the 3rd micro-district road circle, will be commissioned in Baku in May.
24 April 2007 [14:12]
Kazakhstan's government could join a proposed gas pipeline linking the energy-rich Caspian to Europe, bypassing Russia, if the project meets the country's economic interests, the premier said.
24 April 2007 [12:54]
In June, the World Bank's Board of Executive Directors is likely to consider the National Water Supply and Sanitation Service Project in Azerbaijan.
24 April 2007 [12:14]
BTC Co. has been studying the prospects of expansion of the Baku-Tbilisi-Ceyhan daily throughput capacity to 1.2 million barrels from the current operating capacity of one million barrels a day.
24 April 2007 [09:22]
State Oil Company of Azerbaijan has started to lay a gas pipeline from Sangachal Terminal to Garadagh underground gas holder.
24 April 2007 [09:19]
State Committee for Management of State Property holds regional meetings on proper organization of privatization and management of state property, improvement of the work of regional departments and controls on taken measures.
24 April 2007 [09:11]
Valeh Aleskerov, vice-speaker of the parliament, chief of the standing commission on natural resources, energy and ecology has left for Austria to attend the third Europe-Russia Economic Forum.
24 April 2007 [08:55]
Emerging markets private equity fund manager Aureos Capital has launched a new $100m Central Asia Fund. The fund will focused primarily on Kazakhstan and Azerbaijan.
24 April 2007 [08:52]
Baku Electricity Network OSJC began to probe illegal connections to elevator power lines.
24 April 2007 [08:48]
Baku Electricity Networks has begun to cut off electricity supply to defaulting customers since 12:00, April 23.
24 April 2007 [08:46]
Azerbaijan Mortgage Fund has to date lent 800 mortgage loans worth AZN 27,637 million.
24 April 2007 [07:52]
Bank Standard has to date lent 136 mortgage loans worth AZN 4,369,812.
24 April 2007 [07:51]
A delegation from Russia's RAO UES (Unified Energy Systems) will visit Azerbaijan on April 27 to continue the price-haggling discussion.
24 April 2007 [07:50]
Azerbaijan State Railway Company (ADDY) has bought two locomotives from Russia with a soon delivery.
24 April 2007 [07:49]
With an exception of the State Oil Company of Azerbaijan (SOCAR), other nine biggest taxpayers transferred a total of AZN 52.3mln to the state budget with a surplus over the predictions (119%).
24 April 2007 [07:47]
Nar Mobile presented a new entertainment portal - Nar Mobile World to its subscribers. Besides making mobile communications colorful the Nar Mobile World portal offers to subscribers enjoying a number of interesting and useful services.
24 April 2007 [07:45]
Debutbank has opened a new branch in Baku.
24 April 2007 [07:43]
With several large infrastructure projects in progress, such as the Black Sea coastline highway, the Marmaray metro project -- which will cross the Bosporus Strait -- the Baku-Tbilisi-Ceyhan oil pipeline, the Nabucco and many others, Turkey is rapidly checking off its to-do list of national projects.
24 April 2007 [07:41]
As of April 1, the assets of Azerbaijan's Amrahbank reached AZN 33,291,860, up 31% from the same period last year.
24 April 2007 [07:38]
As of April 1, the Biggest Taxpayers Department of the Taxes Ministry has 692 taxpayers in the lineup, of which 280 are state-owned entities, 84 privately-owned, 278 foreign entities, 47 joint ventures and 3 international organization-owned ones. The department registered 439 VAT payers.
23 April 2007 [23:03]
The loans used for construction of the Baku-Tbilisi-Ceyhan pipeline project will be repaid during 2013-15.
23 April 2007 [23:00]
"Seymour" fishing–boat sailing under the flag of Azerbaijan was detained in Kazakhstan section of the Caspian Sea.
23 April 2007 [22:18]
The International Bank of Azerbaijan had a good year in 2006. The bank has won the "Best Emerging Market Banks" named by Global Finance magazine in an exclusive survey.
23 April 2007 [21:35]
Barclays and ABN Amro have agreed terms for their multi-billion euro merger plans in a deal which values ABN Amro shares at ?36.25.
23 April 2007 [15:44]
The president will submit the draft on amendments to the 2007 state budget of Azerbaijan to the parliament by May 15, Hadi Rajabli, chief of parliament’s socio-political standing commission said.
23 April 2007 [14:44]
Gas supply to Sabunchu, Narimanov, Nizami, Khatai and Binagadi districts of Baku was interrupted because of connection of newly constructed gas line to the net.
23 April 2007 [14:37]
The leaders of South Korea and Azerbaijan agreed Monday to increase economic ties between the two countries, part of Seoul's campaign to expand relations with oil-producing nations to feed its development.
23 April 2007 [13:14]
Azerbaijan Defense Minister Safar Abiyev and Defense Industry Minister Yavar Jamalov are scheduled to make an official visit to Pakistan.
23 April 2007 [09:22]
The Turkish and Greek prime ministers will this summer inaugurate a new pipeline bringing natural gas from Azerbaijan and other Caucasus producers, the Greek development minister said on Saturday.
21 April 2007 [16:03]
The Baku-Tbilisi-Ceyhan oil pipeline, which carries Azeri oil to European markets through Turkey and is a key part of Turkey's plan to become a global energy hub, is transforming the port city of Ceyhan into a magnet for domestic and foreign investment.
Azerbaijan and Iraq expand legal cooperation through high-level judicial talks
Sumgait-based manufacturer strengthens Azerbaijan’s industrial exports
Vice-President of Heydar Aliyev Foundation Leyla Aliyeva meets with daughter of Chairman of Halk Maslahaty of Turkmenistan Oguljahan Atabayeva
EU’s recommendations on Georgia spark mixed reactions
Post-conflict Türkiye eyes economic revival after PKK exit
President Ilham Aliyev, Chairman of People's Council of Turkmenistan hold one-on-one meeting
China launches Tianzhou-9 cargo ship to Space Station