Business
23 September 2005 [08:43]
(ITAR-TASS) – Azerbaijan is an indisputable leader in CIS for the economic growth pace.
23 September 2005 [08:40]
Delegation composed of Azerbaijani deputies, intellectuals and cultural figures will visit the Turkish Republic of North Cyprus (TRNC) in early October.
23 September 2005 [08:38]
The Open Joint Stock Company (OJSC) Garadagh Cement refuses temporarily from implementation of its investment program.
20 September 2005 [12:07]
The balance profits of 72.9% of enterprises and organizations of Azerbaijan made up 4480.1 bn manats in the first half-year of 2005.
20 September 2005 [11:42]
After studies conducted a number of foreign companies refused from the project on rehabilitation and development of the of the off-shore oil-field “Pirallahi”, which is currently operated by the State Oil Company of Azerbaijan (SOCAR).
20 September 2005 [11:23]
The Azerbaijani government held an irregular meeting in early hours of Monday to lift the crisis which broke out on 17 September as a result of irregular fall in the rates of US dollar in regard to Azerbaijani manat.
20 September 2005 [11:15]
(Novosti-Ukraine) – The tenth session of the GUAM Council of Foreign Misters in New York under the UN Summit 2005.
16 September 2005 [10:26]
iBurst technology allows to do it without any problem.
14 September 2005 [09:43]
Some foreign companies are in consultations with the State Oil Company of Azerbaijan (SOCAR) on the prospective development of onshore and offshore fields of the country.
14 September 2005 [09:06]
The American McDermott launched construction this week of the underwater pipeline in the framework of the «Stage-1» of the project on development of the gas condensate deposit «Shakh- Deniz” in the Azerbaijani sector of the Caspian Sea. McDermott (a BP contractor) started constructing the pipeline for pumping the gas condensate from “Shakh-Deniz”.
13 September 2005 [10:09]
Since the start of the year the cotton yield in the regions of Azerbaijan was 44 657 tons.
13 September 2005 [10:02]
During the first 16 years of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline operation Turkey expects to receive up to $200 million direct revenues along with the indirect ones, the official site of the Turkish Botas company, engaged in the BTC construction on it’s country’s territory says.
13 September 2005 [09:51]
Plants will also be insured in Azerbaijan.
13 September 2005 [09:00]
A delegation of government and commercial representatives from the U.S. state of Oklahoma is visiting Baku from September 11 to September 16, 2005.
13 September 2005 [08:41]
The Ministry of Communications and Information Technologies (MCIT) of Azerbaijan invested 62715,7 million AZM ($13,69 million) for the 8 months of the current year.
13 September 2005 [08:33]
The Ganja automobile plant (GAP) has set up assembling of cars of different models of the Ulyanovsk Automobile Plant (UAP).
13 September 2005 [08:29]
The International Conference on liberalization of energy and Azerbaijani electric energy distribution model was held at Ataturk Center in Baku.
09 September 2005 [10:05]
During the expected official visit of the Azerbaijan’s President Ilham Aliyev to Bulgaria signing of two agreements in the agricultural sphere is planned. Among the documents is a convention in the veterinary sphere and phyto-sanitation, as well as an agreement on cooperation in the quarantine and protection of plants areas.
09 September 2005 [09:59]
Members of the Asian Development Bank's Board of Directors will visit Azerbaijan from 10-14 September 2005.
09 September 2005 [09:32]
The exhibition on the domestic tourism in Azerbaijan will be held on 1 October 2005 in Baku.
08 September 2005 [11:12]
"It is the right of any tax payer to apply to the court in case he does not agree with the decision of the tax body.”
08 September 2005 [10:41]
Radical changes, carried out in Azerbaijan for the last years and the targeted economic policy enabled to implement fundamental changes in the economic development.
08 September 2005 [10:02]
Azerbaijan needs 7-8 billion of cubic meters of gas a year for meeting its domestic demands.
08 September 2005 [10:00]
Old currency bills will remain in the circulation for a year, and be removed from the circulation by 1 January 2007.
08 September 2005 [09:34]
A delegation headed by the Vice-Premier of the Azerbaijan’s government Abid Sharifov is in Warsaw now.
08 September 2005 [09:32]
The prices of goods will be shown by both old manat and new manat in all retail shops and purchase and sale objects by 1 October.
08 September 2005 [09:03]
The Board of Directors of ??? ?? will hold a meeting in Ankara, Turkey, on Friday.
08 September 2005 [08:59]
“The political relations between Azerbaijan and Poland are in the highest level, but we have good opportunity to develop economic relations, particularly, increase goods turnover.”
07 September 2005 [10:24]
“Iteca Caspian Ltd does not rule out the organization of exhibitions in the regions of Azerbaijan by the end of the year.”
07 September 2005 [08:53]
An opening ceremony of the 3rd Azerbaijan International Furniture, Interior and Design Exhibition will be held in the Sport and Exhibition Complex today.
07 September 2005 [08:48]
The Employment Head Office of the Ministry of Labour and Social Protection of Population will hold 9 labour fairs in the regions till the end of September.
07 September 2005 [08:42]
An opening ceremony of the gas compressor station (GCS) near Astara town at the Azerbaijan-Iranian border will take place this week in the framework of the project on restoring the gas supply to the Nakhchevan Autonomous Republic (NAR), deputy chairman of the Joint Stock Company (JSC) Azerigaz Nasim Samedzade told the news conference on 6 September.
06 September 2005 [09:32]
An exhibition of industrial goods, made in Urmin Province of Iran will be held at the Palace of Hand Games in Baku from 6 to 8 September 2005, the Iranian embassy in Azerbaijan told Trend.
06 September 2005 [08:45]
“All the state organizations, especially law enforcement bodies should prevent the spread of false money in the republic.”
06 September 2005 [08:12]
The Open Joint Stock Company (OJSC) Garadagh Cement invested in the amount of $10 million in 2005.
05 September 2005 [09:22]
The general length of motor roads good for using in the territory of the country is more than 18 thousand kilometers.
05 September 2005 [09:11]
Rate of profit tax may be reduced by 4%. Thus, it may be decreased from 24% to 20%, Azer Bayramov, the deputy Minister of Finance told Trend.
05 September 2005 [08:58]
50% of alcoholic drinks and 20% of cigarettes sold in Azerbaijani market are faked-up.
05 September 2005 [08:55]
The Azerbaijan International Operation Company (AIOC), developing the oil fields block “Azeri-Chirag-Gyuneshli” (ACG) will start paying the profits tax in the current year.
05 September 2005 [08:50]
An international conference on liberalization of energy and its distribution will be held in Baku, Husseyn Arabul, the President of Barmek Azerbaycan, told Trend.
03 September 2005 [12:50]
Finance Minister Avaz Alakbarov today held a press conference on the 2006 state budget.
03 September 2005 [12:14]
The first Airbus "?319" purchased by the State Concern “Azerbaijan Hava Yollari” (AZAL) will arrive in Azerbaijan today at 18:00 p.m., the State Concern told Trend.
03 September 2005 [12:08]
28% of the annual volume of foreign investments to Azerbaijan fall at the share of the American business.
03 September 2005 [12:03]
The Finance Ministry of Azerbaijan specified the forecast oil price for 2006 at the level of $40 per barrel.
03 September 2005 [11:56]
An IMF mission led by Mr.Vitali Kramarenko, mission chief for Azerbaijan (Middle East and Central Asia Department), visited Baku from August 24-31, 2005.
03 September 2005 [11:54]
The state investment company will be established in Azerbaijan. About $100 million is planned to allocate from the state oil budget of Azerbaijan for its capitalization.
03 September 2005 [11:46]
Agriculture Minister Ismet Abbasov met with USA Trade and Development Agency director on Europe and Eurasia region Daniel Stain.
03 September 2005 [11:20]
A new company titled ‘National Repeated Insurance Company’ (NRIC) will be established in Azerbaijan.
02 September 2005 [13:25]
The joint-stock commercial «Bank of Baku» started implementation of the project on funding tourism within the project “Consumer Crediting”.
02 September 2005 [13:19]
In September 2005 partners in the Azerbaijan International Operating Company (AIOC), which is involved in the development of Azeri- Chirag-Gunashli fields (ACG), plans to deliver 430,000 tons of oil from the Georgian port of Supsa through four tankers.
02 September 2005 [12:28]
The head of the state Ilham Aliyev signed a decree on assertion of the regulations on the copyrights Agency of the Azerbaijan Republic.
25 August 2005 [12:07]
A ceremony was held at the “Europe” hotel today in connection with 80th anniversary of the “TuranAlem” bank of Kazakhstan and opening of the representation of the bank in our country.
25 August 2005 [09:36]
The 11th Azerbaijan International Health Exhibition will be held in the Sport and Exhibition Complex named after Heydar Aliyev on November 2-5.
25 August 2005 [09:14]
Since the beginning of 2005 goods turnover between Azerbaijan and Turkey comprised over $283m. the State Statistics Committee (SSC) informed Trend Azerbaijan imported $180.3m worth of goods from Turkey, or 7% of the entire import.
25 August 2005 [09:10]
Drilling equipment for the RV Investment Services Grou? LLC will be delivered to Azerbaijan from Europe on 5-7 September this year.
24 August 2005 [09:27]
RV Investment Services Grou? LLC is currently preparing proposals to the Azerbaijani government on the development of a new gold mine ‘Chovdar’ in Dashkasan, west Azerbaijan.
24 August 2005 [09:19]
The Azerbaijan International Operating Company (AIOC), the biggest oil producer in Azerbaijan under PSAs, will start profit tax payment to the public starting from 2006.
24 August 2005 [09:12]
Since the start of the year the goods in the total amount of about $368 million were imported to Italy from Azerbaijan.
24 August 2005 [08:59]
The State Oil Company of Azerbaijan (SOCAR) shipped today, on 23August 280 tons of the liquefied gas under the contract with a number of companies.
24 August 2005 [08:56]
The executive director of the Iran Export Development Bank Nouruz Kokhzadi and head of the “Elite” Azerbaijan Trade-Industry Group Ali Evsen signed an agreement on exporting 800 “Samand” motor cars produced by the “Iran-Khodrow” auto-industry group in Tehran on Monday.
24 August 2005 [08:49]
“Bayerishce Landesbank” acting in Azerbaijan invested 430 million euros in the economy of the country.
24 August 2005 [08:21]
Foreign debt of Azerbaijan still remains conservative.
24 August 2005 [08:19]
Intensive economic development and consolidation of exchange rate of the national currency will result in rise of the per capita Gross Domestic Product (GDP) in 2006.
24 August 2005 [08:17]
Three-sided sub- regional seminar on labor management and state employment services for the selected CIS countries will be held in Cyprus Republic by the International Labor Organization (ILO) on 17-18 October.
23 August 2005 [10:22]
11-th Azerbaijan International Building Exhibition will be held in Baku on 19-22 October.
23 August 2005 [10:20]
BP as operator of the Shah Deniz gas and condensate development project, today announced that it has spudded the fourth pre-drill development well which will complete the Shah Deniz Stage 1 Pre-drilling Programme.
23 August 2005 [09:47]
10 post offices of Baku will be ready to receive money transfers realized by means of “Western Union” system soon.
23 August 2005 [09:44]
The Ministry of Economic Development (MED) presented to the Ministry of Finances the macro-economic forecasts for 2006, Farhad Aliyev.
23 August 2005 [09:40]
The Production Union (PU) Bakı Telefon Rabitasi (BTRİB), part of the Ministry of Communications and Information Technologies (MCIT) plans to provide the subscribers with the CDMA (Code Division Multiple Access) services.
23 August 2005 [09:22]
On Saturday Baku hosted a conference on "The role of consumer rights protection in the development of national production in Azerbaijan”.
23 August 2005 [09:17]
The State Oil Company of Azerbaijan (SOCAR) forecasts, the world oil price will not drop below $45-50 for barrel in 2006.
23 August 2005 [09:14]
Barmek Azerbaijan company, which is involved in governing the energy networks of Baku and Sumgayit, will build a plant on the production of energy meters in the amount of $11m.
23 August 2005 [09:01]
Autumn exhibition season will be opened with III Azerbaijan International Furniture, Interior and Design Exhibition.
20 August 2005 [09:38]
There are no any legal grounds for refusing to give license for performing the cellular communication services to Catel from the part of the Ministry of Communications and Information Technologies (MCIT), executive director of the Azerbaijani-American Joint Venture (JV) Catel (Caspian American Telecommunications, LLC) Sadig Gumbatov told Trend exclusively.
20 August 2005 [09:20]
On Friday the International Bank of Azerbaijan (IBA) signed an agreement with the leading western banks headed by Citigroup bank of the United States and Commerzbank of Germany on attraction of syndicate credit of $56m.
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