Business
02 September 2009 [13:29]
Recoverable oil reserves at Azerbaijan’s Azeri-Chirag-Ganeshli fields estimated at 923 million tons, the Azerbaijan State Oil Company (SOCAR) said.
02 September 2009 [13:11]
Oil prices on the world markets will stand at $60-$80 per barrel by late 2009.
02 September 2009 [10:26]
An informal summit of four heads of state in Aktau to take place on Sept.11 will not focus on status of the Caspian Sea and division of the seabed, official representative of the Kazakh Foreign Ministry Erzhan Ashikbayev said.
02 September 2009 [08:58]
11th meeting of Coordination Group on Digital Broadcasting of Regional Commonwealth in the field of Communications will be held in Astana, capital of Kazakhstan on Sept. 3 to 4.
02 September 2009 [08:35]
Baku will host the second international exhibition of second hand cars and equipment of the Caspian and Caucasus regions entitled 'RE-İNVEST CASPİAN', the Azerbaijani National Confederation of Entrepreneurs said.
02 September 2009 [08:28]
Azerbaijani, Georgian and Armenian high-rank officials will meet in Tbilisi on September 8 to 9 to discuss the environmental aspects of regional energy policies in the Southern Caucasus region, Euroconvention Conferences reported.
01 September 2009 [13:41]
SOCAR (State Oil Company of Azerbaijan) and Georgia have agreed to reduce gas tariffs for Georgian people, Georgian Energy Minister Alexander Khetaguri told reporters.
01 September 2009 [12:22]
A new unit of deep drilling Sahil has been established at the Complex Drilling Work Trust of the SOCAR (State Oil Company of Azerbaijan), SOCAR said.
31 August 2009 [13:57]
Taxpayers will be able to get information about their debts to the state budget via a mobile phone in Azerbaijan.
29 August 2009 [10:58]
The Center of the Scientific Innovations of the Azerbaijani National Academy of Sciences is participating in the IX Moscow International Exhibition of Innovations and Investments.
29 August 2009 [09:59]
Japanese core consumer prices fell at the fastest annual pace on record in July and the slide broadened on weak final demand, potentially putting pressure on a reluctant Bank of Japan to rein in a deepening deflation, Reuters reported.
29 August 2009 [09:18]
The technical council on standardization and technical regulation was established under Azerbaijan's State Committee for Standardization, Metrology and Patents to determine the main priorities of national standardization and technical regulation, the committee said on August 28.
28 August 2009 [15:24]
GDP index will fluctuate within the range of 10%-15% in 2009, Armenian Finance Minster Tigran Davtyan said.
28 August 2009 [14:21]
28 August 2009 [12:19]
Kazakhstan pursues diverse energy policy and favors Nabucco gas pipeline projects, Kazakh ambassador to Azerbaijan Serik Primbetov told reporters.
28 August 2009 [11:49]
Associate Director of the Eurasia Energy Center at the Atlantic Council in Washington Alexandros Petersen spoke with Trend Capital in an exclusive interview.
27 August 2009 [17:57]
Azerbaijan President Ilham Aliyev has received today chief of German RWI company Jurgen Grossman.
27 August 2009 [17:36]
The delegations of Azerbaijan and Syria hold the next round of talks to eliminate double taxation and prevent tax evasion on income and capital, the Azerbaijani Taxes Ministry said on Aug.27.
27 August 2009 [15:32]
Azerbaijan National Confederation of Entrepreneurs (ANCE) is negotiating with the World Bank experts to organize training for country’s enterpreneurs, ANCE chief Mammad Musayev said.
27 August 2009 [14:44]
“Taxes agencies do not demand religious figures to pay taxes,” Azerbaijani Taxes Ministry Spokesperson Fariz Samadov said commenting on media reports about demands towards religious figures (mullahs) to pay taxes.
27 August 2009 [14:14]
Azerbaijan holds 70th place out of 121 possible places in rating of the World Economic Forum (WEF) reflecting easiness of goods transport across the border.
27 August 2009 [13:55]
The Azerbaijan-Korea business forum on ‘Export of Korean Construction Equipment’ held in Baku on Aug. 27 focused on supplying Korean construction equipment to Azerbaijani market.
27 August 2009 [13:19]
Azerbaijan State Oil Company (SOCAR) has launched an headquarters led by company’s president Rovnag Abdullayev to mark 15th anniversary of the ‘Contract of Century’ signed on development of Azeri-Chiraq-Gunashli fields in a solemn manner, SOCAR Vice President Khaliq Mammadov said.
27 August 2009 [11:56]
U.S. Special Envoy for Eurasian Energy Richard Morningstar will debate the U.S. support for Azerbaijan in terms of development of diversified routes for oil and gas supply from the region to European and global markets in Baku on Aug. 27, the U.S. Embassy in Azerbaijan said.
27 August 2009 [11:12]
Azerbaijan's role in providing alternative energy supply routes from the Caspian Sea to world markets is one of the most fundamental and important, U.S. Special Envoy for Eurasian Energy Richard Morningstar said in Astana.
27 August 2009 [09:11]
"There is a need to build infrastructure in Israel," Israeli ambassador to Azerbaijan Michael Lavon Lotem said commenting on Israel's possible gas purchases from Azerbaijan.
26 August 2009 [17:31]
The U.S. commends intergovernmental agreement signed on the Nabucco project, U.S Special Envoy for Eurasian Energy Richard Morningstar said.
26 August 2009 [16:08]
Kazakh prime minister Karim Masimov had a meeting with U.S. Department of State Special Envoy Richard Morningstar on Aug. 26, KazTag news agency reported.
26 August 2009 [12:53]
Director of international programs at the Center for Law and Security in Washington Daniel Freifeld believes that Nabucco project is doomed to failure without Azerbaijan and its large reserves of natural gas.
26 August 2009 [12:21]
Decline in Armenia’s economy will be 12-14 percent in 2009, head of ‘Economy and Values’ studies center and partner manager of EV Consulting Manuk Hergnyan said.
26 August 2009 [11:38]
International Standardization Organization will hold its first South Caucasus seminar in Baku on October 21 to 23, Azerbaijan State Committee for Standardization, Metrology and Patent said.
26 August 2009 [11:29]
The recent unstable weather conditions have affected Azerbaijan’s grain harvest, Azerbaijani Agriculture Ministry official Sabir Valiyev said.
26 August 2009 [11:16]
26 August 2009 [09:39]
In the first half of this year, Armenia's budget revenues totaled 359bln AMD, and on-budget expenditures 426.5bln AMD, thereby ensuring the respective 67.1% and 70.3% of Armenia's government-specified 10-month program.
25 August 2009 [16:58]
China’s exports narrowly edged ahead of those from Germany in the first six months of the year, new figures showed on Monday, in a fresh sign that the latter’s status as the world’s leading exporter is at risk, 'Financial Times' reported.
25 August 2009 [15:51]
The economies of several countries, especially the EU giants - Germany and France - have demonstrated considerable growth in the second quarter.
25 August 2009 [14:01]
Azerbaijani airlines will face no problems while operating flights to Europe, a government source said on August 25. Earlier, The European Union released a list of airlines that it recommended to monitor emissions.
25 August 2009 [13:48]
The political organization of Washington DC and U.S.-based Turkish Diaspora organizations are not accepting seriously the Armenian initiatives to put "Armenian genocide" on agenda of the U.S. Congress and that of the local human rights organizations, one of leaders of the Turkish Diaspora in California Karahan Mete said.
25 August 2009 [12:31]
The average price of construction materials on the Baku market decreased 2.7 percent in July, the public organization Participants of Estate Market said.
25 August 2009 [11:49]
In January-July Azerbaijani transport means transported 23.33 million tons of cargo with a 66.78-percent decrease from the same period of 2008, Azerbaijani State Statistics Committee said.
25 August 2009 [10:18]
Britain is likely to move out of recession and post growth of 0.5 percent this quarter, a business survey by the Institute of Chartered Accountants in England and Wales (ICAEW) showed on Sunday, Reuters reported.
24 August 2009 [17:35]
Public Union Participants of Estate Market has released the results of the monitoring into situation in the market of land plots in the capital in July 2009.
24 August 2009 [14:14]
The ex-Advisor to the U.S Secretary of State on political affairs Marc Grossman says the Nabucco pipeline project which will transport gas from the Caspian region and the Middle East to the EU will not face filling up difficulties.
24 August 2009 [13:39]
A meeting of the TRACECA intergovernmental commission will take place September 23 in Brussels.
24 August 2009 [12:39]
The Azerbaijani State Customs Committee has released national trade figures for January-July 2009. Azerbaijan engages in trade operations with 126 countries, the committee reported.
24 August 2009 [11:51]
The Azerbaijani Mortgage Fund (AMF) under the Central Bank has expanded the list of authorized banks, insurance and appraisal companies, the fund said.
22 August 2009 [08:21]
The price of oil has hit its highest level of the year, boosted by sharp rises in Chinese stocks and rising shares on Wall Street, BBC reported.
21 August 2009 [15:58]
Azerbaijan Investment Company (AIC) is prepared to help entrepreneurs to implement projects to develop country’s regions, AIC executive director Afgan Isayev said at a conference “State Support for Entrepreneurship".
21 August 2009 [11:33]
Turkish ambassador to Kazakhstan Atilla Gunay spoke in an exclusive interview with Trend Capital.
21 August 2009 [08:53]
Turkish Minister of Energy and Natural Resources Taner Yildiz said Turkey have made a new proposal to Baku in terms of purchase of natural gas, Anadolu news agency reported.
20 August 2009 [17:51]
Armenia’s GDP declined 18.5 percent in January-July 2009, according to the national statistic service.
20 August 2009 [17:33]
Iran and Turkmenistan have signed an agreement regulating prices and schedule of gas supply from Turkmenistan to Iran, CA-News reported with reference to “The Globalist."
20 August 2009 [15:42]
One of the features of the global financial and economic crisis is the growth of investment on the part of individuals in their own education and improvement. With fewer jobs available, potential employees need to invest in their education in order to be employable.
20 August 2009 [14:31]
20 August 2009 [14:16]
Sector of information and communication technology (ICT) is one of the most attractive sectors for employment in Azerbaijan, ICT Information Center Director Farid Kazimov said.
20 August 2009 [13:19]
Entrepreneurs from Iran and Azerbaijan discussed possibility of enhancing mutual cooperation in the round table held in Baku, Azerbaijan Economic Development Ministry said.
20 August 2009 [11:31]
Azerbaijan’s fish factories released 5.8 million young sturgeon into the sea in the first half of 2009, Azerbaijan State Statistics Committee said.
20 August 2009 [11:19]
Negotiations on the Kazakh Caspian oil transport system (KCOTS) project entered an active phase at the end of July, Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said.
20 August 2009 [10:26]
The Azerbaijani Communications and Information Technologies Ministry forecasts to license mobile operators to set up third generation communications (3G) at the end of September, the ministry said.
20 August 2009 [09:52]
Italy is not opposed to the Nabucco gas pipeline project, country’s foreign minister told a newspaper.
19 August 2009 [16:35]
The Armenian government forecasts economic decline of 12-15 percent.
19 August 2009 [12:24]
Azerbaijan's Azeri-Chirag-Guneshli field took third place in a ranking of the world's 20 largest oil fields set up by the American Consulting Association CERA (Cambridge Energy Research Associates).
19 August 2009 [11:42]
Azerbaijani population purchased food and non-food products worth 6 billion manat in January-July 2009, a rise of 8.5 percent from last year, Azerbaijan State Statistics Committee said.
19 August 2009 [09:37]
European Union officials Tuesday called on member states to share information about their taxpayers to help combat value added tax (VAT) fraud, which costs governments billions of euros in lost revenues each year.
18 August 2009 [16:58]
BP, operator of Azeri-Chirag-Guneshli fields of Azerbaijan, produced about 146 million barrels (about 20 million tonnes) of oil in the first half of 2009, according to company's report on H1 of 2009.
18 August 2009 [12:04]
Azerbaijan’s agricultural production totaled 2 billion manat in January-July 2009, a rise of 6.6 percent from the same period of 2008, State Statistics Committee said.
18 August 2009 [11:51]
Professor at the U.S. World Marketing company Gene Aldridge says the global economy can overcome the recession at least in 5 years.
18 August 2009 [09:12]
According to CIS Statistics Committee estimates, the greatest GDP slump is recorded in Ukraine-20.3% and Armenia-16.3% compared to H1 2008. Russia is rated third (13.4%) among CIS countries for GDP slump and consumer price growth.
18 August 2009 [08:44]
On August 17, the President of Azerbaijan Ilham Aliyev signed an an order endorsing the state program on establishment and development of space industry in Azerbaijan.
17 August 2009 [17:06]
Presentation of the Guba Center of the Azerbaijani Red Crescent Society was held in Baku, on Aug.17 after major overhaul with the financial and technical assistance from the Israeli organization Magen David Adom.
17 August 2009 [16:48]
Donbassaero airway company launched regular Kiev-Ganja flights between Ukraine and Azerbaijan on August 18, the company said.
17 August 2009 [16:36]
The stars of some Azerbaijan-based hotels will be withdrawn in September this year, Culture and Tourism Minister Abulfas Garayev said.
17 August 2009 [14:26]
In January-July 2009, Azerbaijani GDP increased 2.7 percent compared to 2008, the State Statistics Committee said.
17 August 2009 [14:17]
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 1 million tons of the Kazakh Tengiz oil in January to July compared to 907,700 tons in January to June, the Azerbaijani state statistics committee said.
17 August 2009 [11:59]
Azerbaijan’s communication and mail agencies rendered services worth 560 million manat in January-July 2009, a rise of 12.7 percent from 2008, the State Statistics Committee said.
Dance of death at Azerbaijani border
EU acknowledges strategic significance of Baku International Sea Trade Port in Middle Corridor
IMF cuts 2025 growth forecast for Italy to 0.7%
Baku Engineering University & BS-Avtomatika LLC ink agreement on cooperation
Iran plays war game to avoid world's wrath over Palestinian issue
Uzbekistan's population nearing 37 million people
Delimitation and demarcation of borders are necessary, says head of EU delegation