Business
08 September 2006 [10:07]
Economic Development Minister, Heydar Babayev, has met with International Currency Fund's mission composed of leading economist on South Caucasus Vitali Kramarenko, Manager for Azerbaijan Bazil Zavoyko and other experts.
08 September 2006 [10:07]
The weighted average exchange price made up 0.8790 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Thursday.
08 September 2006 [10:05]
EBRD and UniBank signed the second agreement on allowance of a syndicated loan (A/B loan-II).
08 September 2006 [10:03]
A World Bank mission for sewerage and water supply improvement project will visit Baku on September 19.
08 September 2006 [10:02]
Preliminary trial on the lawsuit the ANS Group of Company brought against Taxes Ministry will take place on September 11.
08 September 2006 [09:51]
The State Committee for Securities registered the issue prospectus of interest-bearing book-entry bonds of Bank Standard CJSC CB.
08 September 2006 [09:50]
National Bank of Azerbaijan has given extra time to 3-4 banks which authorized capital is under AZN 6.4mn.
08 September 2006 [09:47]
The government donated 110bn manats (US $23-25mn) to local authorities in 2000-2005 after 1999 first local elections.
08 September 2006 [09:37]
Azerbaijan is ready to participate in the Odesa-Brody-Plotsk oil pipeline project.
08 September 2006 [09:34]
Azerbaijan Ukrainian President Viktor Yushchenko on Thursday urged oil-rich Azerbaijan to send Caspian Sea crude for delivery through a Ukrainian pipeline that has been the subject of geopolitical jostling in the former Soviet Union.
07 September 2006 [20:49]
Ali Abbasov, the Minister of Communications and Information Technologies of Azerbaijan has met with the newly appointed Belarus ambassador to Azerbaijan Nickolay Pastkevic.
07 September 2006 [20:47]
Rovnag Abdullayev, President of the State Oil Company of Azerbaijan (SOCAR) met September 7 with visiting delegation of Japan Bank for International Cooperation (JBIC).
07 September 2006 [20:44]
Elton Mammadov, Deputy Chairman of the standing commission for natural resources, energy and ecology left for Russian city of Nizhny Tagil to attend the first Ural industrial exhibition-fair.
07 September 2006 [14:31]
Late October Azerenergy JSC will start negotiating with Russian RAO EES on the purchase of electricity from Russia for 2007.
07 September 2006 [11:37]
The construction of the Kars-Akhalkalaki-Tbilisi-Baku railway has been hailed by the Georgian government as its latest 'flagship project'. Construction is due to begin in 2007, according to Minister of Economic Development Irakli Chogovadze.
07 September 2006 [09:30]
Azneft Oil Production Unit extracted 677 700 tonnes of oil during August, having implemented the forecast by 104.5 percent. The extracted oil was a 26 830 tonnes rise on the same period last year.
07 September 2006 [09:29]
The tender on the export of Azeri Light Crude Oil announced by the SOCAR's Marketing and Business Operation Department has come to an end.
07 September 2006 [09:20]
The rapidly expanding economy of oil-rich Azerbaijan risks increased inflation if government spending is not reined in, the International Monetary Fund warned on Wednesday.
07 September 2006 [09:12]
Azerbaijan took the 99th place on doing business, according to the results of 2005/06, as it is reported by the World Bank on September, 6.
07 September 2006 [09:08]
The weighted average exchange price made up 0.8795 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Wednesday.
07 September 2006 [08:58]
Rapid credit growth and strengthening exchange rates have increased the systemic risk in Romania and Ukraine, according to a new report yesterday from Fitch Ratings.
06 September 2006 [22:43]
The volume of investments into the development of the Kazakhstani sector of the Caspian Sea in 2011-2015 is expected at the level of $16.8 billion.
06 September 2006 [10:54]
82 persons have to date taken out a mortgage from the authorized banks of the Azerbaijani Mortgage Fund.
06 September 2006 [10:07]
Transeuro Energy Corp. has begun acquiring seismic data in its Block 2 license area in Armenia.
06 September 2006 [10:06]
The weighted average exchange price made up 0.8804 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
06 September 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 84 261 various kinds of trade facilities and found serious irregularities in 21 187 of them.
06 September 2006 [09:44]
Juan Miranda, Director General for Central and West Asia Department (CWRD) of the Asian Development Bank, will pay a visit to Azerbaijan.
06 September 2006 [09:37]
In August of this year according to the calculations by the Analytical Department of the BSE, in the government securities market (excluding repo operations market) International Transaction Systems headed ranking of brokers with brokerage services in the total amount of AZN 36 598 000 provided to a client.
06 September 2006 [09:28]
Preparatory trial hearing was held today on the case of Barmek-Azerbaijan Electricity Distribution LLC's six officials at the Grave Crimes Court.
06 September 2006 [09:02]
The Azerbaijan National Agency of Mine Action (ANAMA) plans to have six more de-mining machines till the end of the year, Nazim Ismayilov.
05 September 2006 [20:44]
Regional meeting of GAID Ministers (Global Alliance for Information and Communication Technologies and Development) will be held October 2 in Baku.
05 September 2006 [20:43]
Azerbaijan Microfinance Bank (MFBA) has singed a $4-million loan agreement with the Asian Development Bank to develop small-sized enterprises in Azerbaijan.
05 September 2006 [20:42]
05 September 2006 [20:39]
Chairman of the Milli Majlis standing commission on economic policy Ziyad Samadzade met September 5 with Vitaly Kramarenko, head of the International Monetary Fund’s (IMF) Middle East and Central Asia Department.
05 September 2006 [20:30]
The Assistance Fund for Azerbaijani Armed Forces received AZN 2.753.000 and $59,200.
05 September 2006 [16:29]
As of September 1, the number of the debtor taxpayers fell to 12 000 from 45 000 during the period of January-August.
05 September 2006 [14:55]
The State Oil Company of Azerbaijan said Tuesday it produced 5.92 million tons (43.51 million bbl) of oil in January-August 2006, or 0.2% less, year-on-year.
05 September 2006 [09:28]
SOCAR purchased 315.2mn cubic meters of gas from Russian Gasexport for power plants during August.
05 September 2006 [09:25]
Azericard Processing Center has to date installed over 2000 POS terminals for various banks.
05 September 2006 [09:20]
An auction on placement of short-term bonds of National Bank with the state registration number 50103612S will be held at Baku Stock Exchange on September 6.
05 September 2006 [09:06]
The official currency reserve of the National Bank of Azerbaijan reached USD 1 397mn which represents a 45.27% or $961.71mn during the eight months of the year.
05 September 2006 [09:04]
Transportation fees will fall by at least 30 percent after the Baku-Tbilisi-Akhalkalaki-Kars railway project is implemented.
05 September 2006 [09:03]
Georgia will also finance the Baku-Tbilisi-Akhalkalak-Kars railway project.
05 September 2006 [08:51]
Israel is negotiating for oil export from Azerbaijan.
04 September 2006 [20:28]
Russian President Vladimir Putin called Monday for an agreement on the construction of an oil pipeline in the Balkans to be signed as soon as possible.
04 September 2006 [20:19]
The weighted average exchange prices made up 0,8803 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 4.
04 September 2006 [19:39]
In terms of economy, CIS stepped up 6 percent from January to July of this year, according to Interstate Statistics Committee of CIS members.
04 September 2006 [16:38]
AtaHolding OJSC has received ISO certificate 199121.
04 September 2006 [16:37]
Draft law on the State Control over Agriculture is under development.
04 September 2006 [16:34]
04 September 2006 [13:42]
04 September 2006 [13:05]
Seeking to breathe life into an ambitious oil pipeline project stalled for 14 years, Russian President Vladimir Putin flies to Athens Monday for quick tripartite talks on the issue with Greek Prime Minister Costas Karamanlis and Bulgarian President Georgy Parvanov.
03 September 2006 [16:11]
What are the recent trends regarding Turkish investments in Georgia and Azerbaijan? Does geographical and cultural proximity present a particular advantage for Turkish investors? Recent figures show that Turkey has the firm intention to assert itself as a serious investor in the Caucasus with the aim of diversifying its investments in sectors other than energy.
03 September 2006 [13:02]
The managing director of the National Iranian Oil Company (NIOC) here on Saturday called on international oil companies, financial institutions and foreign direct investors to invest in Iran's oil and gas industries.
02 September 2006 [10:09]
113 dealings were registered at 46 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during August. The auctions were attended by 21 banks.
02 September 2006 [10:06]
Business forum of Azerbaijani and Ukrainian businessmen will take place in Kiev in late October-early November.
02 September 2006 [09:55]
Pakistan's Tourism Minister Nilofer Bakhtiyar will come to Azerbaijan on September 11-12 to attend the OIC Tourism Ministers 5th session.
02 September 2006 [09:31]
Economic Cooperation Organization member countries have not put forward concrete proposals on creation of Blue Card- international insurance system, Finance Ministry State Control over Insurance officer, Namig Khalilov told.
02 September 2006 [09:28]
Azerbaijan is expected to shortly be a member of the International association of Insurance Supervisors, Finance Ministry's State Control over Insurance Officer, Namig Khalilov told.
02 September 2006 [09:26]
Georgia started amortizing electricity debts to Azerbaijan speedily, Azerenergy chief engineer, Saleh Mammadov, said.
01 September 2006 [21:20]
BP, as the operator of the Azeri-Chirag-Gunashli, Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP) projects, announces today that Bill Schrader will be appointed President BP Azerbaijan with effect from November 10, 2006.
01 September 2006 [21:14]
The 7th meeting of Azerbaijani-Ukrainian intergovernmental commission took place in Baku today.
01 September 2006 [15:56]
On August 31, the Naftogaz of Ukraine Company CEO Vladimir Sheludchenko departed to Azerbaijan as a member of governmental delegation.
01 September 2006 [13:52]
Turkey will purchase 30 F-16 fighter jets as part of its modernization plans, Turkish Air Force Chief General Faruk Comert stated on Wednesday in Ankara.
01 September 2006 [13:47]
Today seminar was held with participation of regional social assistance benefits and subsistence allowances officers.
01 September 2006 [11:51]
Taxes Ministry of Azerbaijan has already examined 2 Sections of ANS Group of Companies.
01 September 2006 [10:36]
Russia's President Vladimir Putin will meet in Athens next Monday [September 4] with Greek and Bulgarian officials for what the Kremlin describes as a session to focus on a proposed new crude oil pipeline to carry Russian crude oil from Burgas (Bulgaria) to a new tanker terminal at the Aegean port of Alexandropoulos.
01 September 2006 [10:13]
The issue on creation of free economic zones was also discussed between Azerbaijani officials and Southern Korean delegation visiting Baku.
01 September 2006 [10:07]
The weighted average exchange price made up 0.8809 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
01 September 2006 [09:44]
Taxes Ministry Operational Control Department have up to August 31 examined 75 499 various kinds of trade facilities and found serious irregularities in 19 439 of them.
31 August 2006 [21:47]
A senior Iranian oil ministry official said Wednesday evening in Yerevan that Iran-Armenia gas pipeline will become operational by year-end.
31 August 2006 [21:38]
Finland's Wartsila said it has won a three-year contract from Turkey's Botas International Ltd (BIL) for the maintenance and supervision of the Turkish section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.
31 August 2006 [21:22]
Sugar Refinery in Imishli province has been awarded with ISO 9001:2000 quality certificate. The certificate of the International Organization for Certification (ISO) has been given to the factory after Turkish Standards Institute carried out an inspection here.
31 August 2006 [21:20]
The Khalg Sigorta insurance company has been included in the list of companies - agents of the mortgage lending market functioning through the Azerbaijan Mortgage Fund.
31 August 2006 [15:04]
Today a delegation led by Southern Korean Commerce, Industry and Energy Minister, Lee Won Gul, exchanged views with Azerbaijani Economic Development Ministry officials.
Head of Iran Railways Company arrives in Baku
Agricultural cooperation with Georgia, Turkey to expand
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Ilham Aliyev awards winning athletes of Azerbaijan at 30th World Summer Universiade