Business
19 March 2007 [22:58]
The weighted average exchange prices made up 0,8675 AZN for 1 US dollar in the Baku Interbank Currency Exchange on March 19.
19 March 2007 [22:49]
"MoU on Energy Cooperation to be signed between Azerbaijan's Foreign Minister Elmar Mammadyarov and Secretary of State Condoleezza Rice on March 22 supports construction of 'new generation' pipelines for transporting energy resources, especially natural gas of the region to Europe," said Deputy Assistant Secretary of State Matthew Bryza.
19 March 2007 [17:42]
Belarus ambassador to Azerbaijan Nikolay Patskevich visited Ganja Auto Plant and concerned himself with the production lines of the plant.
19 March 2007 [17:35]
Azerbaijan's GDP grew 41.7%, or AZN 950mln, year on year, in January and February, to AZN 3,273mln.
19 March 2007 [16:55]
Azerbaijan intends to complete full transition to electronic telephone switch system by the end of 2008, said Communications and Information Technologies Minister Ali Abbasov, adding that the process is currently 72% complete.
19 March 2007 [16:40]
Turkey's main opposition CHP party prepared a report on some private educational institutions operating in different parts of the world through financial support from Turkey.
19 March 2007 [15:56]
The number of automobile imports to Azerbaijan has started to decline since the excise tax on imports effective January 1.
19 March 2007 [15:51]
State Oil Company intends to carry out exploration works in some fields.
19 March 2007 [14:57]
State Oil Company (SOCAR) intends to dismantle old offshore platforms.
19 March 2007 [14:50]
President Ilham Aliyev attend the opening of different intersections constructed in "20 January" circle in the crossroad of Tbilisi avenue and Hasan Zardabi street in the capital Baku.
19 March 2007 [14:34]
The biggest gas exporting nations will come together in Doha 0n April 9 to roll out a so-called gas-OPEC -gas exporting countries organization, after reaching a final agreement a week earlier.
19 March 2007 [14:25]
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, was held today.
19 March 2007 [12:07]
In April Azerbaijani, Iranian and Russian railroaders will have a trilateral meeting on North-South Transport Corridor in Baku.
19 March 2007 [11:19]
For Kazakhstan's President Nursultan Nazarbaev, the current two-day visit to Russia won't be easy.
19 March 2007 [09:25]
Iranian President Mahmoud Ahmadinejad and his Armenian counterpart will formally open the first stretch of a natural gas pipeline Monday in Armenia, that relies on Russia for most of its gas.
17 March 2007 [16:14]
Official opening ceremony of a road bridge in the 20 Yanvar Circle and a tunnel in Shamakhinka will be held on March 19.
17 March 2007 [16:12]
The houses, buildings or graveyards located on the project line of the Baku metro will be demolished, said Baku Metro Chief Tagi Ahmadov.
17 March 2007 [10:59]
The amount of Shah Deniz gas Georgia is importing should be increased.
17 March 2007 [10:58]
Azerbaijan's leading mobile operator Azercell Telecom has concluded GPRS/MMS roaming agreements with two operators of Israel-Partner and Celcom and two operators of Canada-Rogers and Fido.
17 March 2007 [10:57]
A international seminar on real estate cadastre and registry will be held in Baku by this year's end.
17 March 2007 [10:56]
Azerbaijan's Amrah Sigorta Insurance Company intends to raise its nominal capital by 12.5% by this year's end.
17 March 2007 [10:54]
Azerbaijan-Iran joint venture Azer-Asia intends to shift its legal status to Open Joint Stock Company by the end of March.
17 March 2007 [10:53]
AGBank intends to open a branch in Yevlakh in July.
17 March 2007 [10:52]
Azerenergy has announced a competition for the construction of high voltage power line between Imishli and Azerbaijan Thermal Power Plant.
17 March 2007 [10:50]
During 2006, the national budget of Azerbaijan was formed 69% from taxes and 13.3% from customs and 1.7% from extrabudgetary revenues, the country's Prime Minister Artur Rasizade told the parliament in an annual government report.
17 March 2007 [10:41]
AtaBank increased its term-deposit portfolio 98%, year-on-year, to AZN 39,462,300, as of March 1.
17 March 2007 [10:40]
Azerbaijan's Transport and Communications and Information Technologies Ministries show great interest in cooperation with Russia's Transtelecom.
17 March 2007 [10:38]
Azerbaijan State Oil Company (SOCAR) intends to buy Russian-made oil equipment.
17 March 2007 [10:19]
CIS Tourism Council's meeting will be held in the Russian capital, Moscow on March 19.
17 March 2007 [00:19]
A working group set up to coordinate a draft CIS Head-of-State Council resolution to facilitate transportation and guaranteed supply of hydrocarbons to the commonwealth's member states will hold a meeting in Moscow on March 21-22.
17 March 2007 [00:14]
Azerbaijan's Caspian Shipping Company is negotiating with the relevant bodies of the foreign countries on construction of a shipyard around Baku.
16 March 2007 [23:53]
Georgia will be receiving Shah Deniz Gas via Baku-Tbilisi-Erzurum pipeline from Saturday.
16 March 2007 [23:52]
Criminal case has been launched on collapse of the upper part of an under-construction 21-storey building at the intersection of Nizami and Fikret Amirov streets (behind British embassy) in Baku.
16 March 2007 [17:24]
According to the Azeri Finance Minister, at the end of 2006 the country's foreign debt totalled USD 1.9 billion, which equals USD 232.5 per capita.
16 March 2007 [17:20]
Azerbaijan's Prime Minister Artur Rasizade made an annual report at the parliament, saying that a total of US $6 billion was invested in the economy during last year.
16 March 2007 [17:19]
Despite inflation pressures, the Azerbaijani Government achieved to keep inflation rate in 8.3% in 2006, Prime Minister Artur Rasizadeh said when presenting the government's annual report to the Parliament.
16 March 2007 [17:18]
Baku Telephone-Communication Unit customers can pay the bills through ATMs.
16 March 2007 [17:17]
Russia's initiative to build a pipeline alternative Baku-Tbilisi-Ceyhan will not affect the BTC project, said Azerbaijan's Industry and Energy Minister Natig Aliyev.
16 March 2007 [17:15]
There is an increasing possibility that Turkmen hydrocarbons may reach Europe bypassing Russia.
16 March 2007 [15:44]
The oil ministers of the Organization of Petrolem Exporting Countries (OPEC), meeting here at their 144th regular session, reached the agreement to maintain the present production quota at 25.8 million barrels per day after intensive consultations that preceded the closed-door regular meeting.
16 March 2007 [14:55]
Azerbaijan Internet Forum has submitted a package of proposals to the parliament, prime minister, communication and information technologies minister and interior minister to improve the legislation for cell-phone services and operator-customer relation.
16 March 2007 [08:52]
The development of Azeri Field in the Azerbaijan's sector of the Caspian has to date spent $6.49 million.
16 March 2007 [08:50]
Azerbaijan’s Standard Insurance has to date signed 58 mortgage insurance agreements within the scope of the mortgage lending in the country through funding by Azerbaijan Mortgage Fund.
16 March 2007 [08:49]
The price of the immovable property climbed 25% on average in Baku during 2006.
16 March 2007 [08:48]
The IFC, Azerbaijan Microfinance Bank and BP-Azerbaijan intend to sign an agreement to provide funding to service companies engaged in oil sector.
16 March 2007 [08:45]
As part of its ongoing coverage of energy issues in the South Caucasus, EurasiaNet is providing an illustrated overview of how the Baku-Tbilisi-Ceyhan oil pipeline has affected the lives of residents in its three host countries: Azerbaijan, Georgia and Turkey.
16 March 2007 [08:18]
Azneft Production Unit Director General Shahin Ismayilov has been dismissed.
16 March 2007 [08:17]
Azerbaijan International Operating Company (AIOC) produced a total of 5,341m tons of oil from Azeri-Chirag-Guneshli field during the period of January February, up 2.371m tons or 79.3% from a year earlier.
16 March 2007 [08:15]
The Sangachal Terminal Expansion Programme (STEP)-Phase 3 main construction works are progressing well and are currently 88% complete, said the Project Manager Norman Ingram.
16 March 2007 [07:55]
"Petrodollars create opportunities for Azerbaijan that a lot of countries do not have.
15 March 2007 [23:04]
Azerbaijan President Ilham Aliyev has issued an executive order on approval of the PSA between SOCAR, SOCAR Joint Company and RussNeft on the development and restoration of the Zigh and Hovsan onshore oilfield.
15 March 2007 [23:03]
Autostar Caucasus, dealing with the selling and service of Mercedes-Benz, Chrysler and Jeep in Azerbaijan, displays C-280 and CL-500 models of Mercedes on the Fourth Azerbaijan International Automotive Exhibition-AutoShow Azerbaijan-2007.
15 March 2007 [23:00]
A man deceiving people claiming that a description of the Prophet Muhammad (s) appeared on the pavement has been detained near Neftchiler metro station by Nizami district policemen.
15 March 2007 [22:51]
"The buildings constructed without the relevant project of the country will not be included into the state registry," warned Arif Garashov, Chairman of the State Real Estate Registry Service.
15 March 2007 [22:48]
IFC and Rabitabank have signed an agreement to open a $2 million credit line for the bank on-lending to small, medium-size and micro enterprise.
15 March 2007 [17:42]
Nihad Motors has already imported 10 buses for in-city public transportation in Baku.
15 March 2007 [16:40]
Azerbaijan Real Estate Registry Project is expected to be approved by the World Bank Board of Directors.
15 March 2007 [15:56]
On March 15, USAID's SME Support through Financial Sector Development Project implemented by ACDI/VOCA signed a Memorandum of Understanding with the Azerbaijan State Real Estate Registry Service.
15 March 2007 [14:41]
The State Veterinary Service under Agriculture Ministry has partly reversed the ban on import of some products, except eggs and feed, which are under veterinary control, from Turkey and Moscow, State Veterinary Service press secretary Yolchu Khanveli told.
15 March 2007 [14:21]
During the period of January-February Azerbaijan exported a total of 4.815m metric tons of oil, up 2.134m tons or 79.6% from a year earlier.
15 March 2007 [10:07]
Azerbaijan Airlines selected the GEnx to power the three 787-8s it ordered last month.
15 March 2007 [09:19]
Oil prices gained Thursday on figures showing that supplies of U.S. gasoline and other refined products fell in the most recent week, and ahead of an OPEC meeting later in the day.
15 March 2007 [09:11]
Russian President Vladimir Putin will attend a signing ceremony Thursday for a deal to build a Russian oil pipeline to a port in northern Greece - following strong pressure from Moscow to conclude decade-long negotiations.
15 March 2007 [09:06]
Binagadi Oil, dealing with development of the Binagadi oilfields onshore Azerbaijan, produced 9,400 tons of oil during January, up 30.2% from a year earlier.
15 March 2007 [09:05]
Shirvan Oil Operating Company, dealing with development of Kurovdagh Field onshore Azerbaijan, produced 18,900 cubic meters of natural oil during January, down 1.8% from a year earlier.
15 March 2007 [09:04]
Azerbaijan Mortgage Fund has announced a contest for the supply of its administrative building with security system, computers and relevant software, computer network, furniture, switchboard, jalousie, repair and a generator.
15 March 2007 [09:02]
The National Bank of Azerbaijan has announced a competition to COBIT 4.0 (Control Objectives for Information and related Technology).
15 March 2007 [09:01]
March 15, 2007 USAID SME Support through Financial Sector Development Project implemented by ACDI/VOCA will sign a Memorandum of Understanding with the Azerbaijan State Real Estate Registry Service.
15 March 2007 [08:51]
The legal procedure on the appeals of two former officials of Barmek-Azerbaijan Electricity Distribution LLC was held on Wednesday.
15 March 2007 [08:43]
A Ring Road covering the Black Sea basin will be constructed in the nearest future, said Azeri Deputy Minister of Transport Musa Panahov.
15 March 2007 [08:42]
Azerbaijan intends to seek the World Bank's assistance in implementation of e-government project, said Azerbaijan's Information and Technologies Minister Ali Abbasov.
15 March 2007 [08:40]
Azerbaijan's leading mobile operator Azercell Telecom JV has signed a roaming agreement with France Telecom Espana S.A (3G 2100).
15 March 2007 [08:30]
"Measures can be taken on developing tourism in Hajikand after being sure that Armenians will not violate the ceasefire. It is not expedient to take measures there at present," Culture and Tourism Minister of Azerbaijan Abulfas Garayev told journalists.
14 March 2007 [21:46]
Azerbaijan Airlines State Company will increase the number of Baku-Nakhchivan flights on the national holiday Novruz.
14 March 2007 [21:44]
Azerbaijan's Health Ministry has closed Farm Invest company engaged in import of medications and wholesale trade due to functioning in unsanitary conditions.
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