Business
01 August 2009 [09:06]
Gasoline prices in Armenia rose 2.9 percent in July 2009 compared to the June figures, according to the national statistics agency.
31 July 2009 [14:54]
“Armenia will see two-digit indicator of economic recession at an annualized pace,” adviser to speaker of Armenia’s National Assembly and economist Tatul Manaseryan said.
30 July 2009 [17:34]
International air passenger traffic fell by 7.2 percent in June over 12 months, with the swine flu pandemic adding a blow to an airline industry already depressed by the economic crisis, IATA said on Thursday.
30 July 2009 [14:34]
Turkish Energy and Natural Resources Minister Taner Yildiz and Georgian Energy Minister Alexander Khetaguri have signed an agreement on building 1,000-megawatt “Borchka-Meskhetian” electricity transmission line between the two countries.
30 July 2009 [12:11]
Azerbaijan State Oil Company (SOCAR) plans to increase country’s proven gas reserves up to 5 trillion cubic meters.
30 July 2009 [11:37]
Azeri Drilling Company has put into operation a new high debit well for State Oil Company of Azerbaijan (SOCAR).
30 July 2009 [11:19]
U.S. President Barack Obama said on Wednesday the United States may be seeing the "beginning of the end of the recession" as he launched a sweeping defense of his efforts to stimulate the economy.
30 July 2009 [11:04]
Azerbaijani parliament will adopt Competition Code at third reading during the autumn session, economic policy committee chair Ziyad Samadzade said.
29 July 2009 [13:38]
The monitoring by the Union of Free Consumers of Azerbaijan has revealed sale of false cements on the markets of the central, southern and western areas of Azerbaijan, UFC chairman Eyyub Huseynov said.
29 July 2009 [11:58]
Azerbaijan's Transport Ministry and World Bank have signed an agreement on a second additional financing and loan agreement as a part of the second highway project in Azerbaijan, the Ministry said.
29 July 2009 [11:06]
Russian Economic Development Minister Elvira Nabiullina spoke with Trend Capital in an exclusive interview.
28 July 2009 [16:19]
Azerbaijan’s budget surplus totaled 424 million manat or 2.97 percent of GDP in the first half of 2009, the Finance Ministry said.
28 July 2009 [14:37]
The results of the tender opened to select a company to create Azerbaijan’s first national communication satellite will be summed up next week, Azerbaijani communication minister Ali Abbasov said.
28 July 2009 [12:46]
Turkmen President Gurbanguly Berdimuhammed has stated that Ashgabat is interested in supplying gas to the United Kingdom.
28 July 2009 [11:58]
The Nabucco Gas Pipeline Project enjoys all chances to be implemented, said Ambassador Marc Franco, the outgoing head of the European Commission delegation to Russia.
28 July 2009 [09:08]
President of Azerbaijan Ilham Aliyev inspected rebuilding work in the capital and construction of new roads on July 27.
27 July 2009 [16:35]
Management of Azerfon and Azercell met at the Ministry of Communication and Information Technologies to settle the conflict between the two mobile operators on July 25, Azercell said.
27 July 2009 [15:57]
Some members of the World Trade Organization support Azerbaijan’s accession to the organization under favorable conditions, the Foreign Ministry said in a statement.
27 July 2009 [12:21]
Oil quotations on Asian stock exchanges reached $69 per barrel on July 27.
27 July 2009 [10:58]
Nord Stream has new opposers now.
27 July 2009 [10:18]
Azerbaijan, Iraq, Egypt and Turkmenistan are potential suppliers of the first round of implementation of the Nabucco project, Austrian Federal Chancellor Faymann said.
25 July 2009 [09:19]
25 July 2009 [09:07]
Oil prices ended above 68 U.S. dollars a barrel on Friday and gained for the second straight week as investors felt more confident about the global economy, Xinhua reported.
24 July 2009 [15:59]
Korean delegation was on a visit to Azerbaijan.
24 July 2009 [15:16]
The revenues of the State Oil Fund of Azerbaijan (SOFAZ) were 3.156 billion manat and expenditures - 2.685 billion manat in January-June, 2009, SOFAZ Executive Director Shahmar Movsumov said at a news conference.
24 July 2009 [15:09]
The Azerbaijani National Entrepreneurship Support Fund at the Azerbaijani Ministry of Economic Development issued 166 loans more on preferential terms on July 24, the Ministry said.
24 July 2009 [13:59]
Opening of the Armenia-Turkey border will reduce cost of Armenian exports specifically that of mining products, Transition Economies Institute expert Lev Freinkman said.
24 July 2009 [12:14]
“Armenia will not see economic growth and inflation will surpass the projected figure in 2009,” Russian expert at the Institute of Transition Economies Lev Freinkman said.
24 July 2009 [11:07]
Belarus should set up effective partnership with Kazakhstan, Turkmenistan and Azerbaijan.
23 July 2009 [17:30]
Azercell and Azerfon have launched talks to settle differences regarding cut-off of interconnection channels, Azercell said.
23 July 2009 [15:18]
23 July 2009 [10:19]
Customs agencies contribute more to public budget revenues.
23 July 2009 [09:36]
Azerbaijan’s grain output including maize is expected to reach 3 million tons in 2009, 2.2 million tons of which will be wheat.
23 July 2009 [09:22]
Azerbaijan has secured stability of economy.
22 July 2009 [16:44]
On July 22, the Cabinet of Ministers held a large meeting on the socio-economic results of the first half of 2009.
22 July 2009 [12:52]
Oil prices fell for the first time since the last six trade sessions following official data testifying to increased oil reserves in the U.S. earlier last week.
22 July 2009 [11:38]
Extractive Industries Transparency Initiative (EITI) Council will hold its next meeting in Baku, Norwegian ambassador to Azerbaijan Jone Romberg said.
22 July 2009 [11:21]
U.S. State Department Special Envoy for Eurasian Energy Richard Morningstar addressed the Senate Committee on Foreign Relations.
21 July 2009 [17:55]
The United Kingdom supports reforms implemented in Azerbaijan, business transparency, corporative governance and transition to international accounting system, London City Mayor Alderman Ian Luder said in Baku.
21 July 2009 [17:31]
Azerbaijan’s Azneft production union has launched a new well in Oil Rocks field, the SOCAR Web site said.
21 July 2009 [16:41]
RV Investment Group (deals with development of gold fields) and the Azerbaijani government signed a protocol on Azerbaijani gold export on July 21, founder and president of the company Reza Vaziri said on July 21.
21 July 2009 [16:16]
First Baku-Lvov flight will be carried out on August 3, 2009, Simurq Travel, engaged in the sale of tickets, said.
21 July 2009 [14:37]
Ganja-Odessa-Ganja flight will be launched to boost tourism in Azerbaijan and provide convenience of passengers.
21 July 2009 [14:01]
Armenia’s exports reduced 45.9 percent in January-June 2009 and totaled 98.9 billion drams.
21 July 2009 [12:33]
Armenia’s GDP shrank 16.3 percent in January-June 2009
20 July 2009 [15:32]
Oil export via the Baku-Tbilisi-Ceyhan oil pipeline will reach 50 million tons in 2009, SOCAR President Rovnag Abdullayev said at a meeting with Swedish Foreign Minister Karl Bildt in Baku, the SOCAR Web site reported.
20 July 2009 [13:38]
Azerbaijan may offer sattelite services soon, Azerbaijani Communication and Information Technology Minister Ali Abbasov said.
20 July 2009 [12:32]
Head of Iran’s national gas company Azizullah Ramezani says Iran’s involvement with filling up Nabucco is “quite possible”, Fars news agency reported.
20 July 2009 [11:37]
Housing of 23.1 million square meters has been privatized in Azerbaijan which makes up 68.9 percent of total housing, the State Statistics Committee said.
20 July 2009 [10:56]
The next stage of negotiations between Azerbaijani SOCAR and Turkish Botas on volume and price of Azerbaijani gas exported to Turkey as a part of the Shah Deniz-I will be held in early August, the SOCAR Web site said.
20 July 2009 [09:28]
In January-May 2009, nearly 17.4 million tons of cargo and 82.4 million passengers were conveyed via Europe-Caucasus-Asia transport corridor (TRACECA), the State Statistics Committee said.
18 July 2009 [08:57]
Oil prices demonstrated a rise following a report on unexpected rise in number of newly-built buildings in the U.S., Bloomberg reported.
17 July 2009 [12:22]
Azerbaijan reached $6.853 billion foreign trade turnover with 120 countries in January-May, 2009, the State Statistics Committee said.
17 July 2009 [10:27]
In January-July 2009, Azerbaijan’s communication sector rendered services worth 468.3 million manat, a rise of 12.3 percent from the same period of 2008, the State Statistics Committee said.
16 July 2009 [17:16]
Revenues from information and communication technologies grow 30-35 percent in Azerbaijan per year in recent years, Azerbaijani Communication and Information Technology Minister Ali Abbasov said.
16 July 2009 [14:01]
The average salary totaled 298 manats in Azerbaijan in the first quarter of 2009. a rise of 19 percent from the same period of 2008, the State Statistics Committee said.
16 July 2009 [13:31]
“The market of mobile phones is striving in Azerbaijan and it is one of the most attractive areas for investments,” Azerbaijani Communication and Information Technology Minister Ali Abbasov said.
16 July 2009 [13:16]
Ukrainian Lvov Airlines will open Lvov-Baku-Lvov flight from August 3, Lvov Airlines Deputy Director General Sergei Pidgorodetskiy said at a news conference.
16 July 2009 [12:51]
Ukraine welcomes the gas deal on export of Azerbaijani gas from January 2010 signed between Azerbaijan State Oil Company and Gazprom, Ukrainian ambassador to Azerbaijan Boris Klimchuk said.
16 July 2009 [12:09]
The next round of talks on gas price will be held on July 17, CNN Turk reported.
16 July 2009 [11:52]
Azerbaijani citizens say payment of pensions via plastic cards is the major achievement of the pension system reforms, Social Protection Fund said in a statement.
16 July 2009 [11:14]
Azerbaijan-Turkmenistan talks over the Caspian issues are underway in Baku.
15 July 2009 [17:27]
The Azerbaijani government provided 1$00,000 in financial assistance to Tajikistan to support the victims of natural disasters this spring, the Cabinet of Ministers of Azerbaijan said.
15 July 2009 [13:46]
Azerbaijan-Korea Commission (Working Group) on Economic Cooperation held its third meeting in Seoul.
15 July 2009 [12:28]
A trilateral agreement on supply of Azerbaijani gas to Bulgaria as a part of the ITGI project was signed in Sofia on July 14, Italian ambassador to Azerbaijan Gian Luigi Masha told reporters.
15 July 2009 [11:52]
"Baku was instrumental, in my mind at least, in getting an agreement finalized at very last moment for this agreement with Turkey by reaching a deal with Russia," Alexandros Petersen, associate director of the Eurasia Energy Center at the Atlantic Council in Washington, said.
15 July 2009 [11:38]
The French Total denied media reports on closure of the company's Baku office in July.
15 July 2009 [11:04]
Azerbaijan will develop a code to regulate construction activities and align them with certain norms and laws, parliament’s Economic Policy Committee Chaiman Ziyad Samadzade said.
15 July 2009 [10:44]
Azerbaijan's and Turkey's signing an agreement on a gas export price can become the next step in implementing the Nabucco gas pipeline project, the Deputy Chairman of the U.S. Senate Committee on Foreign Affairs, Senator-Republican Richard Lugar said.
15 July 2009 [10:23]
In rating of resistibility against world crisis in economic, political and socio-cultural spheres, Armenia ranks in the last place among CIS member states, the first report by the union of Eurasian expert network said.
15 July 2009 [09:33]
Ukraine welcomed the launch of the Nabucco gas pipeline project intended to pump gas to Europe bypassing Russia and said it was ready to join, a deputy head of the Ukrainian president's secretariat said on Tuesday.
14 July 2009 [15:32]
Gas reserves in the Caspian region make it possible to realize only one major project - Nabucco, or Southern Stream. The chances of latter are more preferable, The Heritage Foundation Russia-Eurasia program director Ariel Cohen said.
14 July 2009 [13:33]
Iraqi Prime Minister Nouri al-Maliki promised that his country will fill up Nabucco by half from 2015 by supplying 15 billion cubic meters of gas per year, The Financial Times said.
13 July 2009 [14:32]
Total of 50 Azerbaijani citizens were issued mortgage loans worth 2.56 million manat in the first decade of July.
13 July 2009 [13:55]
"Azerbaijan fully supports the Nabucco gas pipeline project and everything related to it."
EU acknowledges strategic significance of Baku International Sea Trade Port in Middle Corridor
Weapons & ammunition discovered in Khankendi
South Korea conducts live-fire exercises near borders of DPRK
TikTok closed in Kyrgyzstan
Azerbaijani Army units conduct inspection in military equipment
Azerbaijan's AccessBank joins UN Global Compact
Navigating challenges in Azerbaijan's trade turnover amidst global uncertainties