Business
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.
25 February 2007 [17:24]
Representatives of CITU International Consulting Company of Holland will visit Azerbaijan in May-June this year, Education Ministry informs.
25 February 2007 [16:44]
Iranian and Azeri officials from water sector urged the need for expansion of cooperation in the water industry.
25 February 2007 [13:43]
Moldova and Azerbaijan will set up joint ventures to process agri-food products, especially meat, milk and grapes.
24 February 2007 [13:47]
"New membership policy of FATF should be reconsidered. Our decisions in this sphere will be implemented only after 2009," Financial Action Task Force on Money Laundering executive secretary Alen Domez stated.
24 February 2007 [13:38]
Financial Action Task Force on Money Laundering and MONEYVAL-CE Committee of Experts on the Evaluation of Anti-Money Laundering Measures ended joint assembly.
24 February 2007 [10:30]
Azerbaijan Export and Investment Promotion Foundation (AzPromo) intends to organize an investment-promotion conference in Oslo next week.
24 February 2007 [10:25]
According to Azeri State Statistics Committee, foreign investment reached USD 4.6 billion in the country in 2006.
24 February 2007 [10:15]
Moldovan Prime Minister Vasile Tarlev met with Caspian Integration Business Club members.
24 February 2007 [10:05]
Moldovan trade house will be opened in Baku and Azerbaijani trade house will be opened in Kishinev, Moldovan Prime Minister Vasile Tarlev told journalists.
24 February 2007 [09:55]
Azerbaijan's Communications and Information Technologies Minister Ali Abbasov will be visiting the United States on February 27-28 at the invitation of Craig Barrett, chairman of GAID and the board of Intel Corp. and GAID Executive Coordinator Sarbuland Khan.
24 February 2007 [09:40]
Azerbaijan's leading mobile operator Azercell Telecom JV concluded GPRS/MMS roaming agreement with two networks of Elisa, a Finish company.
24 February 2007 [09:35]
There are proposals to increase transport tariffs in Azerbaijan's railways.
24 February 2007 [09:05]
On the 27th of February the Signing Ceremony of Grant Contracts of six projects within the framework of Grassroots and Human Society Grant Assistance Programme of the Government of Japan will be held at the Residence of the Ambassador of Japan to the Republic of Azerbaijan.
24 February 2007 [09:00]
Azerbaijan's President Ilham Aliyev has received the delegation headed by deputy chief of Directors' Board of Chevron corporation Peter J. Robertson.
24 February 2007 [08:00]
By the end of this year, International Telecommunications Union will consider Azerbaijan's appeal to orbit a communications satellite.
24 February 2007 [07:55]
Collection rate for electricity dipped 15-20% following the energy price rise in January, said Deputy Prime Minister Yagub Eyyubov.
24 February 2007 [07:50]
Azerbaijan is not expected to reconsider energy prices as the prices were increased in January, said Deputy Prime Minister Yagub Eyyubov.
24 February 2007 [07:10]
Baku and Sumgait Power Networks will not be under control of foreign companies, said Deputy Premier Yagub Eyyubov.
23 February 2007 [18:57]
The administration of Boss-Shelf come will give concrete answer to the demands of the workers that protested yesterday against compensation payments, the workers inform.
23 February 2007 [18:48]
Azerigas, State Gas Agency, intends to reconstruct gasholders in the country.
23 February 2007 [15:15]
Friday, Azerbaijan-Moldova Business Forum was held in Baku by Azerbaijani Economic Development Ministry and Azerbaijan Export and Investment promotion Foundation.
23 February 2007 [14:29]
During 2006 a total of US $2,851,376 was transferred to Georgia from Azerbaijan, compared to some $2.257mln a year earlier.
23 February 2007 [14:21]
Germany is not going to sign an individual agreement on energy cooperation with Azerbaijan, German Ambassador extraordinary and plenipotentiary to Azerbaijan Per Stankina stated.
23 February 2007 [13:29]
Boeing (NYSE: BA) and Azerbaijan Airlines have signed an order for three 787-8 Dreamliners and two Next-Generation 737-900ERs (Extended Range).
23 February 2007 [12:49]
Turkish History Organization chief, Professor Yusuf Halachioglu said that Turkish historians will be taught Armenian in order to investigate the Armenian documents in foreign archives.
23 February 2007 [09:20]
World crude oil prices jumped above $60 per barrel after stronger-than-expected falls to some US energy stockpiles, and as the US expressed disappointment at an apparent failure by Iran to suspend its nuclear programme.
23 February 2007 [08:55]
The weighted average exchange prices made up 0.8692 AZN for 1 US dollar in the Baku Interbank Currency Exchange on February 22.
23 February 2007 [08:45]
Barmek's damage to Azerbaijani power system will manifest itself in future, the chief of Azerenergy OJSC Etibar Pirverdiyev said.
23 February 2007 [08:35]
The fourth gas well has been brought online in Guneshli Field.
23 February 2007 [08:05]
President Ilham Aliyev has issued an executive order on measures for improvement of management in traffic.
23 February 2007 [07:50]
Yuksel Domanic will have completed technical and economic assessment of the Georgian-part of Baku-Tbilisi-Akhalkalak-Kars railway project in mid May, said Azeri Deputy Minister Musa Panahov.
23 February 2007 [07:45]
Azerbaijan Industry Bank has become an associative member of Visa International, the world's leading credit card.
23 February 2007 [07:35]
Autostar Caucasus, dealing with the selling and service of Mercedes-Benz, Chrysler and Jeep in Azerbaijan, will take part in the third Auto Show Azerbaijan to be held in Baku on March 14-17.
23 February 2007 [07:10]
The Dow Jones industrial average lost 0.38 percent to 12,738.41, the Standard & Poor's 500 index fell 0.14 percent to 1,457.63, Nasdaq composite index climbed 0.21 percent to 2,518.42 on American market.
23 February 2007 [07:05]
Asian Development Bank mission for transport has arrived in Azerbaijan on February 22.
22 February 2007 [20:33]
The Azerbaijani government is willing to supply gas to Israel through the Tbilisi-Baku-Erzurum pipeline.
22 February 2007 [20:26]
Russia's Federation Council, the upper house of parliament, Wednesday ratified amendments to an agreement between Russia and Kazakhstan to divide the northern part of the Caspian Sea bed, including oil fields.
22 February 2007 [20:03]
Azerbaijan State Railway Company (ADDY) intends to use fast trains in four or five years.
22 February 2007 [19:54]
Azerbaijan has lifted the ban on imports from Turkey and Krasnodar except fowls and feed.
22 February 2007 [19:52]
Javanshir Bridge and a Road Bridge near Meshedi Azizbayov Metro underwent corrosion and erosion, said Azerbaijani Transport Ministry Officer Javid Gurbanov.
22 February 2007 [19:50]
An Iranian working group has visited Azerbaijan to discuss a number of projects.
22 February 2007 [19:48]
AZAL opened direct flight from Baku to St Petersburg, Russia.
22 February 2007 [18:52]
Canadian company First Dynasty Mines (FDM) has produced near 13t gold in Azerbaijani Kelbejer region occupied by Armenians in last 4 years.
22 February 2007 [18:50]
The second meeting of Azerbaijan – Moldova intergovernmental economic commission was held today in the Cabinet of Ministers.
22 February 2007 [16:58]
Today, a group of workers of "Boss-Shelf" company protested against compensation payments.
22 February 2007 [16:13]
Thursday, Azerbaijan's Transgate Ltd. chairperson Khayal Rasulov and South Korea Daewoo International Vice-President Chang Ve Kinq signed an agreement in Baku.
22 February 2007 [14:24]
The fifth Baku Multi-Fuelled Power Plant opened today in Nizami district in Azerbaijan. Azerbaijani President Ilham Aliyev participated in the opening ceremony of Baku Multi-Fuelled Power Plant.
22 February 2007 [13:59]
Azerenergy, State Power Company, has submitted the list of buildings in special reserve zones and under high-voltage supply lines to the relevant government bodies.
22 February 2007 [09:50]
In fifteen years, Azerbaijan's revenues from the IT sector will equal to the revenues from the oil sector.
22 February 2007 [09:45]
Azerbaijan Accounting Chamber audited Physics Institute of Azerbaijan National Academy of Science to determine targeting of the finances allocated from the State Budget.
22 February 2007 [09:35]
Azerbaijani President Ilham Aliyev issued an executive order on approval of agreement between Azerbaijani and Georgian governments on 'Restructuring Georgia's debts to Azerbaijan.'
22 February 2007 [09:30]
The International Finance Corporation and Azerbaijan's Rabitabank may sigh a deal in March.
22 February 2007 [09:25]
Bank Respublika completed the process of connecting to system of urgent money transfers Xpress Money, in an effort to expand money transfer services to population.
22 February 2007 [09:20]
Azerbaijan State Agency for Standardization, Metrology and Patents intends to establish Training and Information Centers.
22 February 2007 [09:10]
National Bank of Azerbaijan will submit a package of proposals on establishment of a new agrarian-credit bank to the President on February 26, said Chairman of the Management Board of the national bank, Elman Rustamov.
22 February 2007 [09:05]
To open a special account for deduction of VAT in Azerbaijan is not correct.
22 February 2007 [08:45]
Azeri Leasing Company has made investment of AZN 16.3mln to the economy in 2006.
22 February 2007 [08:40]
The National Bank of Azerbaijan requested the EBRD to render technical assistance in implementation of the project on expansion of the use of business and people's financial resources in the country, said Chairman of the Management Board of the National Bank of Azerbaijan, Elman Rustamov.
22 February 2007 [08:30]
Construction of multi-storey buildings has been suspended in Ganja, Head of Ganja Executive Power Eldar Azizov told.
Russia and Iran launch joint naval drills in Caspian Sea
Azerbaijani FM Ceyhun Bayramov begins bilateral talks with Georgian counterpart in Tbilisi
Lithuania and new energy sources for Kaliningrad
Have you been taxed? No, you screwed up! - A few words to Grigory Karasin
Poland plans to buy stake in Finnish aerospace firm Iceye
The farce in the cassock: Bagrat Galstanyan decided to earn money while in jail
Azerbaijan, Cambodia hold high-level talks to boost bilateral cooperation