Business
18 April 2007 [13:58]
Azerbaijan's State Committee for Securities has completed draft law on investment funds and introduced to the exports of the international financial institutions.
18 April 2007 [13:49]
Azerigas, State Gas Supply Company, has announced that it has cut off supply to 1,675 defaulting customers since April 16.
18 April 2007 [13:19]
Two IMF missions for technical assistance will visit Azerbaijan on Wednesday.
18 April 2007 [12:45]
On April 17, the Republic of Azerbaijan and the Kingdom of Morocco signed an agreement of cooperation on agriculture within the scope of Azeri Agriculture Minister Ismat Abbasov's visit to this country at the invitation of Moroccan Agriculture, Rural Development and Fishing Minister Mohand Laenser.
18 April 2007 [12:40]
Preliminary court proceeding on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and seven more company officials, who are accused of abuse of power, embezzlement and negligence of court judgements, continued.
18 April 2007 [10:51]
Azerbaijan's Transport Ministry has developed some draft documents on technical services to vehicles and submitted to relevant state bodies.
18 April 2007 [10:43]
Azerbaijan Bank Training Center will organize courses on "Marketing: new bank products and services" and "Improvement of customers services" in April.
18 April 2007 [10:39]
Azerbaijani Accounting Chamber and Finance Ministry have developed draft bill on Financial Controls, Deputy Chairman of the chamber Abbas Allahverdiyev said on Tuesday during the discussions of 2006 Report of the AAC in Parliament.
18 April 2007 [10:39]
Azerenergy, the State Energy Company of Azerbaijan, pays twofold price for Finnish Wartsila Corporation’s multi-fuelled power plants, MP Jamil Hasanli told a parliament session.
18 April 2007 [10:36]
The 13th international second-hand equipment sale RESALE-2007 has started in Karlsruhe, Germany.
18 April 2007 [10:35]
The delegation headed by Turkey's Privatization Administration Chairman Metin Kilci visits Azerbaijan.
18 April 2007 [10:35]
Some enterprises of Russia's Kurgan district have taken profitable orders from Azerbaijan after the presentation of the oblast in Baku.
18 April 2007 [10:30]
Trade turnover between Azerbaijan and Mangistau province of Kazakhstan increased by 20% in 2006, Krimbek Kushembayev, head of Mangistau province of Kazakhstan said at Azerbaijan-Kazakhstan business forum.
18 April 2007 [10:28]
"Aktau Port's cargo flow mostly includes oil and steel. The shipment flow into and out of the port reached 10mln tons last year," Kazakhstan's Aktau Port deputy Director Dauren Kutpanbayev said.
18 April 2007 [10:25]
Presentation ceremony of the prize "Golden wheel" on occasion of the third anniversary of Union of Azerbaijani and Turkish Businessmen (ATIB) was held in Azerbaijan State Philharmonic Society.
18 April 2007 [10:13]
Latvia appealed to official Baku for allowing visa-free travel for its citizens.
18 April 2007 [10:09]
Azerbaijani students will participate at the conference "Modern technologies for Western Siberia's fuel-energy complex", Azerbaijani consul general to St Petersburg Gudsi Osmanov told.
18 April 2007 [09:32]
April 24, Russia - Azerbaijan Intergovernmental Commission for Economic Cooperation will meet in Moscow to discuss a number of issues, Yuri Shedrin, Head of Russia's Trade Office in Azerbaijan, told.
18 April 2007 [09:28]
Azerbaijan State Economics University and Azerbaijan Auditors Chamber (AAC) will organize scientific-practical conference on "Role of Audit in Azerbaijani economy".
18 April 2007 [09:16]
Nowadays, Azerbaijan attracts more and more tourists from Japan, South Korea and China.
18 April 2007 [08:40]
April 18, with the support of the U.S. Agency for International Development (USAID), the Eurasia Foundation and the Foundation for Assistance to Entrepreneurship will launch a one-day roundtable on "Spending of Oil Revenues: Competition Policy or Industrial Policy" to promote transparency and efficient use of oil revenues.
18 April 2007 [08:35]
Baku has today hosted Azerbaijan-Poland business-forum.
18 April 2007 [08:34]
Azerdemiryolbank intends to enlarge the geography of its micro loan lending program, by opening branches in Yevlakh, Aghdash, Zagatala, Goychay and Bayil.
17 April 2007 [21:14]
The weighted average exchange prices made up 0,8653 AZN for 1 US dollar in the Baku, Interbank Currency Exchange on April 17.
17 April 2007 [21:06]
Kazakhstan intends to buy drilling equipment from Azerbaijan to use in oil industry.
17 April 2007 [21:00]
South Korean Company intends to construct a shipyard at the Caspian Sea, Baku.
17 April 2007 [20:57]
Construction of the second cement factory will be commenced in this year's end, said Azerbaijan Investment Company Deputy Executive Director Riyad Gasimov.
17 April 2007 [20:48]
Some government agencies of Azerbaijan document the procured services and goods at a false exaggerated price, much more than the market prices, MP Jamil Hasanli told a parliament session on April 17.
17 April 2007 [20:47]
Azerbaijan is currently carrying out construction of more than 20 tourism facilities in the country.
17 April 2007 [17:47]
Azerbaijan's Transport Ministry has submitted Draft Regulations for Truck Transportation to the Government for approval.
17 April 2007 [17:33]
Azerbaijani Accounting Chamber's 2006 Report has been discussed at the sitting of Azerbaijani parliament.
17 April 2007 [17:16]
On April 18-20, the first Azerbaijan International Hotel Business Exhibition HotelExpo and the fifth Azerbaijan International Travel and Tourism Fair AITF-2007 will be held in Baku by Iteca Caspian, an exclusive partner of ITE Group PLC, the world's leading exhibition organizer.
17 April 2007 [17:11]
"Baku Underground has appealed to Binagadi district court on occupying the area of new metro station in the 7th and 8th micro districts," said Nazakat Tanriverdiyeva, spokesperson for Baku Underground.
17 April 2007 [16:50]
Petroleum Intelligence Weekly has published its annual ranking of the world's 50 largest oil companies, this ranking is the leading source of comparative performance assessments on all the world's oil companies.
17 April 2007 [15:56]
The temporary problem emerged with gas supply of Yeni Ganja settlement of Ganja region as a result of gas leak.
17 April 2007 [13:52]
Today, the third Azeri-Latvian Business Forum has started in Baku.
17 April 2007 [12:36]
Azerbaijan's Deputy Finance Minister Heydar Asadov was appointed as chairman of Azerbaijan’s Accounting Chamber.
17 April 2007 [12:10]
Within the scope of the three-year infrastructure development program, Azerbaijan intends to invest some $1 billion in railway modernization, including rationalizing the track and rolling stock asset base, increasing productivity, setting up a new legal framework and building up management capacity, Azerbaijan State Railway Company (ADDY) officer Gurban Nazirov told.
17 April 2007 [10:06]
BP Plc said on Monday reopening an oil pipeline from Baku to Supsa in Georgia, shut since last year, is not a high priority as supply rises from another export route.
17 April 2007 [08:53]
Azerbaijan's Culture and Tourism Ministry will hold presentations on Azerbaijan's tourism potentials in Switzerland, China, Uzbekistan and some other countries, Culture and Tourism Ministry's official for foreign tourism sector Elchin Gafarli told the journalists.
17 April 2007 [08:52]
As of April 1, Rabitabank's assets grew to AZN 49.2 million, 11% higher than the early year.
17 April 2007 [08:50]
In the first quarter of this year, Azerbaijan's Taxes Ministry has warned 18278 taxpayers who delayed their declarations.
17 April 2007 [08:46]
Azerbaijan State Committee for Public Property Management has announced an investment competition to sell shares of Sumgait Compressors Open Joint Stock Company. Any local and foreign investors can take part in the bidding.
17 April 2007 [08:45]
Berlin hosted the 2nd Board meeting of the Extractive Industry Transparency Initiative (EITI). Board member, Executive Director of State Oil Fund of Azerbaijan (SOFAZ) Shahmar Movsumov attended the meeting.
17 April 2007 [08:43]
A delegation of Mangystau oblast is expected to pay a one-day visit to Baku today.
17 April 2007 [08:41]
Azerfon LLC (trademark Nar Mobile) announced that as from April 16 Nar Mobile subscribers shall be able to use direct International roaming services being in Turkey, India and Hungary.
17 April 2007 [08:40]
SOCAR's President Rovneg Abdullayev received Managing Director of BP Group and Chief Executive of Exploration and Production Andrew Inglis and President of BP-Azerbaijan Bill Schrader.
17 April 2007 [08:37]
During the first quarter, Azerbaijan produced more than 6.6bn kilowatts of electricity, of which 6bn kilowatt-hour generated by thermal power stations and the rest by hydropower stations.
17 April 2007 [08:36]
Ganja Agrobusiness Association (GABA) held a conference on overall results.
17 April 2007 [08:34]
Russia will suspend gas exports to Georgia on the night of April 16-17 for pipeline repair.
17 April 2007 [08:30]
Azerbaijani President Ilham Aliyev received Andrew Inglis, Managing Director of the BP group and Chief Executive of Exploration & Production.
17 April 2007 [08:12]
The number of tourists visiting Azerbaijan has increased by 20-25% within the last five years, Azerbaijan's Culture and Tourism Ministry's official for foreign tourism sector Elchin Gafarli told the journalists.
17 April 2007 [08:07]
World Tourism Organization (WTO) and Azerbaijan's Culture and Tourism Ministry have today organized seminar on "Tourism marketing and advertising techniques."
16 April 2007 [21:50]
Georgia will only be receiving Shah Deniz gas via Baku-Tbilisi-Erzurum pipeline from Azerbaijan for two days as Russia suspends gas exports to Georgia on the night of April 16-17 for pipeline repair.
16 April 2007 [18:18]
Azerbaijan is working out a 10-year state program for tourism development.
16 April 2007 [12:20]
Representatives of the State Committee for Refugees and IDPs and Baku Underground along with the police visited the area belonging to Baku Underground situated on the crossroad of 7th and 8th micro districts in Binagadi.
16 April 2007 [12:19]
Azerigaz, State Gas Supply Company, has announced that it would cut off supply to defaulting customers from April 16.
16 April 2007 [12:17]
The next round of negotiations on electricity imports and exports between Azerbaijan's Azerenergy and Russia's RAO UES in Moscow has not yielded any good result for the parties.
16 April 2007 [12:16]
Azerbaijan exported a total of 7.42 million tons of oil during the first quarter, 76.25% higher than the same period last year.
16 April 2007 [12:08]
Azerbaijan's Ministry of Communication and Information Technologies said the negotiations are continuing with Kazakhstan over construction of the Caspian Sea stretch of the Trans-Asia-Europe (TAE) fiber-optic line.
16 April 2007 [11:37]
Officers of Yasamal police district detained president of Erdal Inshaat (Construction) LLC, Turkish Erdal Yilmaz and Baku resident Asif Veliyev, Interior Ministry press service told.
15 April 2007 [14:09]
"Some receive disability degree illegally and pretend to be disabled. But we have developed new regulations for determining disability. We will carry out reform in the Medial Examination Commission to bring it in line with international standards," Azerbaijan's Labor and Social Protection Minister Fuzuli Alakbarov told at the board meeting.
14 April 2007 [12:11]
SEMA Associates, a Californians-based company which developed the general plan of an Azeri town Shusha under illegal occupation by Armenia, is not recognized as a serious group anywhere, even the territory it was registered in.
14 April 2007 [11:51]
Pushed up by spending and demand growth, the inflation rate for the first quarter reached 16.6% in Azerbaijan, the National Bank board chair Elman Rustamov told a quarterly government meeting.
14 April 2007 [11:50]
As of April 1, there are 9,832 defaulting taxpayers in Azerbaijan and this figure accounts for 4.6% of the taxpayers in total, country's taxes minister Fazil Mammadov told a government meeting.
14 April 2007 [11:47]
State Oil Company of Azerbaijan (SOCAR) failed to fulfill the payment target to the state budget because of being underpaid by Azerenergy and Azerigas, the Taxes Minister Fazil Mammadov told a government meeting.
14 April 2007 [11:46]
Azerbaijan's industrial sector growth was 38.6% for the first quarter, the country's economic development minister Heydar Babayev told a government meeting.
14 April 2007 [11:44]
South Korea's STS company and Azerbaijan Investment Company will signed a memorandum of understanding on ship building and electricity generation during President Ilham Aliyev's visit to Seoul, Economic Development Minister Heydar Babayev said at the government meeting.
14 April 2007 [11:43]
The income forecast for the first quarter was implemented by AZN 1.88 million or 96.9% higher than a year earlier, Azeri finance minister Samir Sharifov told a government meeting.
14 April 2007 [11:31]
Government of Azerbaijan has approved regulations for the management of excessive treasury in the budget.
14 April 2007 [11:29]
Azerbaijani State Railway (ASR) plans to purchase nearly 40 locomotives in near three years in the frame of 2007-2010 Development Program of ASR.
14 April 2007 [11:29]
German Economy Minister Michael Glos will visit Azerbaijan in October this year.
14 April 2007 [11:25]
The Communications and Information Technologies Ministry has sent the Tariff Council the packages of proposals to increase subscription fee (from AZN 0.66 to AZN 1.10) and limit excessive telephone use this year.
14 April 2007 [11:06]
Azersu OJSC has begun to implement project on reconstruction of water supply and sewer system in Ganja and Shaki.
14 April 2007 [09:11]
On April 27, Baku will host the meeting of Azerbaijani and Polish business representatives.
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