Business
20 September 2006 [19:39]
The weighted average exchange prices made up 0.8762 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 20.
20 September 2006 [16:17]
The Gross Domestic Product of Azerbaijan is forecasted to be AZN 18.1bn in the end of this year and AZN 22.2bn next year off which 77% and 79% will be produced by the private sector Azerbaijan's Economic Development Ministry said.
20 September 2006 [15:40]
Union of oil products enterprisers, importers and consumers announced list of filling stations where price of imported petrol is reduced by GEL 0,10-0,15 from Tuesday.
20 September 2006 [15:37]
Azerbaijan's crude production will reach 47 million metric tons (345 mln bbl) in 2007, rising about 40% over the next two years, the president of the country's state-run oil company said Wednesday.
20 September 2006 [13:57]
Azerbaijan may refuse to import Russian gas next year if the price isn't satisfactory, Industry and Energy Minister Natig Aliyev said.
20 September 2006 [13:47]
The price of gasoline and liquid gas won't be raised next year, SOCAR President Rovnag Abdullayev said.
20 September 2006 [10:06]
Asian Development Bank will hold a workshop within the Central Asia Regional Economic Cooperation (CAREC) Program.
20 September 2006 [10:03]
Next round of negotiations between Azerbaijan and the World Trade Organization will take place in Geneva later this year.
20 September 2006 [10:01]
Foreigners working for BP-Azerbaijan will be attracted to state compulsory social insurance, State Social Protection Foundation chief Salim Muslumov said.
20 September 2006 [10:01]
Azerbaijan and the European Union can sign an agreement on energy cooperation after the Action Plan was confirmed.
20 September 2006 [10:00]
The placement of T-bills of Ministry of Finance with the state registration number 10302713S was held at Baku Stock Exchange.
20 September 2006 [09:57]
Industry and Energy Ministry will start checkeing of fuel stations in a few days.
20 September 2006 [09:55]
Gas supply to Lenkeran and some settlements will be restored after the gas bills are paid.
20 September 2006 [09:27]
Transportation fees have fallen by 0.7 percent as against previous months but rose by 6.8 percent in comparison with December last year.
20 September 2006 [09:23]
State Social Protection Foundation has coordinated preliminary parameters of the budget for 2007.
20 September 2006 [09:19]
BIHE-2006 – 12th Azerbaijan International Health Exhibition and Dental Azerbaijan 2006 – 1st Azerbaijan International Dental Exhibition will take place in Heydar Aliyev Sport and Concert Palace on September 26.
20 September 2006 [09:13]
Armenians have extracted nearly 30 tonnes of gold from Soyudlu gold deposit in the occupied Azerbaijani region of Kalbajar.
20 September 2006 [09:01]
World Bank Mission on the project of support for railway transport and trade has visited Baku.
20 September 2006 [08:59]
UniBank CB has done the financial summary of the first eight months of 2006 indicating the material growth over all the key financial parameters as against the same period, 2005, on average 1.7-2 times.
20 September 2006 [08:56]
Auction on placement of notes of National Bank will be held at BSE on September 20.
19 September 2006 [22:10]
The weighted average exchange prices made up 0.8768 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 19.
19 September 2006 [14:27]
Today Caspian Integration Business Club members met with Salim Muslumov, chair of State Social Protection Fund.
19 September 2006 [14:06]
Barmek is pleased with hand-over test with Economic Development Ministry, Barmek Azerbaijan Electricity LLC President Huseyn Arabul stated.
19 September 2006 [13:09]
Natig Aliyev, Minister of Industry and Energy of Azerbaijan met with Constantin Mihailescu, Moldova’s Minister for Natural Resources and Ecology.
19 September 2006 [11:37]
According to Ziyad Samadzadeh, Milli Majlis economic policy standing commission chief, Azerbaijan government has to increase the budget expenditures in 2007.
19 September 2006 [10:25]
Informal meeting of Azerbaijani and Russian Accounting Chambers took place in Baku yesterday.
19 September 2006 [10:14]
Azerbaijani citizen can receive unemployment benefits in Turkey and Turkish citizens in Azerbaijan.
19 September 2006 [09:46]
State Oil Company of Azerbaijan (SOCAR) has completed jet fuel delivery to Roc Oil of Australia.
19 September 2006 [09:44]
Azerigas cut off natural gas supply to Lenkeran and its some settlements.
19 September 2006 [09:40]
12th Azerbaijan International Telecommunications and Information Technologies Exhibition-BakuTel will take place in October 3-6 in Baku.
19 September 2006 [09:35]
Taxes Ministry Operational Control Department have to date examined 101 684 various kinds of trade facilities and found serious irregularities in 23 746 of them.
19 September 2006 [09:18]
Russian telecoms firms are vying with each other for market share in neighboring countries as the domestic mobile market reaches saturation point.
19 September 2006 [09:14]
The Bahamas magistrate presiding over the Viktor Kozeny extradition matter is now expected to deliver a ruling on September 28, in another delay of proceedings in the high-profile matter.
19 September 2006 [09:06]
The State Committee for Management of Public Property has worked out number draft legal and normative document on the implementation of 23 August 2006 Presidential decree on extra measures concerning improvement of state-run enterprises management and privatization of the state properties.
18 September 2006 [20:57]
The weighted average exchange prices made up 0,8772 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 18.
18 September 2006 [18:29]
Turkey has hosted the second biggest economy summit twice in the last four months. A total of 450 businessmen and 10 ministers from 12 countries discussed new opportunities of business partnership at the Lutfi Kirdar Congress Center in Istanbul.
18 September 2006 [16:29]
US President George W Bush is calling for multilateral sanctions on Iran. Sanctions won't succeed in cowing Iran, but they will indeed have ominous consequences for the United States and the rest of the world.
18 September 2006 [16:22]
Caspian Holdings Plc, the oil and gas production and exploration Company in Kazakhstan, issues a further set of positive results from the drilling campaign at its Zhengeldy oil field.
18 September 2006 [12:48]
AZN 8.4 bln worth of manufactured goods were produced in Azerbaijan in January-August, up by 40.5% on the same period last year.
18 September 2006 [12:39]
"The present deficit is attributed to the currency flow abroad and the imbalance between currency incomes and currency expenses.
18 September 2006 [11:10]
Ambassador David Gross, the State Department's coordinator for international communications and information policy, will stay in Azerbaijan on September 21-22.
18 September 2006 [11:08]
Poland backs Azerbaijan's bid for World Trade Organization (WTO) membership and is ready to send its specialists to bring Azerbaijani laws in line with WTO standards.
18 September 2006 [11:02]
BP PLC (BP) is open to the addition of new oil suppliers for the Baku-Tbilisi-Ceyhan, or BTC, pipeline it operates, a company spokesman said this week.
17 September 2006 [02:08]
Azerbaijani workers of Chinese Excavation Company in Salyan region started a protest action.
17 September 2006 [01:54]
The Tariff Council raised the price of natural crude gas to AZN 4,37 per 1 000 cubic meters at its meeting on Saturday.
16 September 2006 [10:22]
The weighted average exchange price made up 0.8777 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
16 September 2006 [10:18]
Meeting of Azerbaijani and Southern Korean businessmen will take place in Baku on September 26.
16 September 2006 [10:14]
Azerbaijan is looking forward to Iran's answer to the proposal on start of the establishment of additional electricity stations in Astara in late September.
16 September 2006 [09:42]
Taxes Ministry Operational Control Department have to date examined 99 767 various kinds of trade facilities and found serious irregularities in 23 218 of them.
16 September 2006 [09:39]
Rural Enterprise Competitiveness Program workshop examining how to take advantage of growing agribusiness foreign trade opportunities took place yesterday.
16 September 2006 [09:33]
Azerbaijan International Operating Company exported 12 631 000 tonnes of crude oil during the period of January-August. This figure is a 4 103 000 or 48.1% rise on the same period last year.
16 September 2006 [09:29]
Azerbaijan International Operating Company (AIOC) produced 14 188 000 tonnes of oil during the period of January-August.
15 September 2006 [20:22]
A delegation led by Gunduz Mammadov, Chairman of the State Committee for Securities under the President of Azerbaijan met with the heads of large financial structures of Great Britain to attract investments to Azerbaijan.
15 September 2006 [19:59]
After the collapse of the Soviet empire, the Caspian states of Azerbaijan and Kazakhstan generated a great deal of excitement because of their oil and gas fields, about which little was known.
15 September 2006 [19:38]
At latest Azerbaijan will issue the first eurobonds in 2007 to the international capital market, said Finance Minister Samir Sharifov.
15 September 2006 [14:54]
The Finance Ministry has submitted the Draft State Budget for 2007 to the Cabinet of Ministers today, Finance Minister Samir Sharifov said.
15 September 2006 [14:36]
The Government of Azerbaijan doesn't plan to raise the price of gasoline in the domestic market, Economic Development Minister-Tariff Council chief Heydar Babayev told a media briefing today.
15 September 2006 [14:08]
The state budget of Azerbaijan will rise at least by 50 percent next year, said President Ilham Aliyev in a speech delivered before the residents of Zabrat settlement.
15 September 2006 [10:22]
ZenglerimCELL service of Azercell Telecom has been replaced with IzahatCELL since yesterday.
15 September 2006 [10:13]
The weighted average exchange price made up 0.8785 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
15 September 2006 [10:10]
Taxes Ministry Operational Control Department have to date examined 98 950 various kinds of trade facilities and found serious irregularities in 23 104 of them.
15 September 2006 [09:35]
The Micro Finance Bank of Azerbaijan (MFBA) on 13 September signed a USD 2 million loan with Triodos International Fund Management BV.
15 September 2006 [09:18]
The International Monetary Fund has raised its forecasts for global economic growth.
15 September 2006 [09:15]
The assets of Respublika Joint-Stock Commercial Bank rose 47.1 percent to AZN 85 700.8 mln during January-August.
14 September 2006 [21:51]
Fizuli Alakbarov, Azerbaijani Minister of Labor and Social Protection of Population met on September 14 with his Turkish counterpart Murat Bashesgioglu.
14 September 2006 [21:45]
On September 14, President of Azerbaijan Ilham Aliyev received at the Presidential Palace President of BP-Azerbaijan company David Woodward.
14 September 2006 [21:41]
Russia's LUKoil has discovered six new hydrocarbon fields in the Caspian Sea.
14 September 2006 [21:02]
Moody's Investors Service on Thursday assigned Azerbaijan a foreign and local currency issuer rating of "Ba1", one notch below investment grade, citing little government debt and rising revenues from oil exports.
14 September 2006 [16:38]
The first deputy chairman of Russia's central bank died in hospital early on Thursday after being shot by gunmen outside a Moscow sports stadium, a senior doctor said.
14 September 2006 [15:14]
Azerbaijan's GDP constituted AZN 10.2bn during January-August and this figure represents a 34.4% increase on the same period last year.
14 September 2006 [15:06]
Minister of Communication and Information Technologies Ali Abbasov met with Ambassador of the USA to Azerbaijan Mrs. Anne Derse to discuss participation of the U.S delegation in the BakuTel international exhibition and conference to be held in October, press service of the Ministry said.
14 September 2006 [14:52]
The anniversary exhibition in honor of the 75th anniversary of Izmir International Fair was organized in Izmir, Turkey.
14 September 2006 [14:28]
Azerfon LLC, the third GSM operator in Azerbaijan, has signed an agreement with Siemens AG of Germany for the supply, installation and commissioning of advanced network equipment required to establish the new Azerfon network in Azerbaijan.
14 September 2006 [14:27]
Employee of McDermott Company Rmail Mehbaliyev will bring the company to court.
14 September 2006 [14:05]
A consortium of BP PLC-led Western companies is set to start production at the Shah Deniz Caspian Sea gas field, energy giant BP said.