Business

24 November 2008 [11:56]

Presidents of Azerbaijan, Turkey and Turkmenistan to discuss prospects of energy cooperation

President of Turkey Abdullah Gul will arrive in Turkmenbashi city on November 28.
22 November 2008 [13:56]

IBA entering market of countries of Persian gulf

According to the press service for the Bank, the first regional representative office of the International Bank of Azerbaijan has opened in the United Arab Emirates.
22 November 2008 [12:40]

Gudrat Hasanquliyev: "The global economic crisis already has a negative influence on Azerbaijan"

"The global financial crisis already affects Azerbaijan", said chairman of the United popular front party of Azerbaijan Gudrat Hasanquliyev.
22 November 2008 [10:30]

$1 bln to be invested into electricity and gas distribution spheres of Azerbaijan

$1 bln will be invested into the electricity and gas distribution sectors of Azerbaijan in the framework of the program of Central-Asian regional cooperation by 2017, said vice president of Asian Development Bank Siaoyu Zhao.
22 November 2008 [10:12]

NBA bans activity of MoneyGram in Azerbaijan

In early November Day.Az has posted a material "MoneyGram monetary transfers system again assists to Nagorno Karabakh separatists even more intensively, thus deceiving Azerbaijan" in which we stressed the pro-Armenian nature of MoneyGram.
21 November 2008 [17:31]

15th session of Coordination bureau of CIS tax services held in Baku

Baku hosted the 15th session of the Coordination bureau of the heads of the CIS tax services.
21 November 2008 [12:17]

Ministerial conference on Central-Asian regional economic cooperation starts in Baku

The seventh ministerial conference on Central-Asian regional economic cooperation (CAREC) has kicked off in Baku.
21 November 2008 [11:01]

BTC pipeline pumps 17,400 tons of Kazakh oil

First Kazakh oil was pumped by the BTC pipeline in October.
20 November 2008 [18:45]

People withdraw deposits from banks in Azerbaijan

As of November 1, the amount of deposits held in banks by individuals reached AZN 1 784 million, up 22.2% on early this year and up 34.3% on a year ago, said the National Bank of Azerbaijan.
20 November 2008 [16:05]

President of Azerbaijan receives ADB president

President of Azerbaijan Ilham Aliyev has received a delegation, led with ADB president Haruhiko Kuroda, reports Day.Az with reference to the official website of the President of Azerbaijan.
20 November 2008 [11:06]

ADB President arrives in Azerbaijan

The President of the Asian Development Bank, Mr. Haruhiko Kuroda, has arrived in Azerbaijan.
20 November 2008 [10:31]

Azerbaijani Economic Development Minister discuss prospects of cooperation with WB vice president

Azerbaijani Economic Development Minister Shahin Mustafayev received WB vice president on the European and Central Asian region Shigeo Catsu, visiting Baku.
19 November 2008 [18:11]

Head of the Azerbaijani state committee for securities dismissed

Gunduz Mamedov has been dismissed from the position of the state committee for securities of Azerbaijan.
19 November 2008 [17:55]

SOCAR to build oil refinery in Turkey by 2012

"By 2012 the State Oil Company of Azerbaijan will build an oil refinery of a capacity of 200,000 barrels per day in Turkish Aliagha city", said SOCAR vice president Davud Mamedov at a Baku meeting with a delegation of entrepreneurs from Aliagha at a meeting in Baku.
19 November 2008 [17:28]

Alan Waddams: "I hope nothing will threaten to the perspective energy projects with Georgia's participation"

Day.Az interview with Alan Waddams, chief of representative of the European Commission in Azerbaijan.
19 November 2008 [16:25]

Kshishtof Kraevski: "Poland is ready to develop all previously defined trends of cooperation not only with Azerbaijan but also with other countries of the region"

"The summit in Azerbaijan showed than all plans, defined in Krakov and Vilnius, continue to develop", said ambassador extraordinary and plenipotentiary of Poland in Azerbaijan Kshishtof Kraevski.
19 November 2008 [14:20]

Kestutis Kudzmanas: "Azerbaijan is ready to supply energy sources to Europe and Europe must not linger this process"

Blitz-interview with ambassador extraordinary and plenipotentiary of Lithuania to Azerbaijan Kestutis Kudzmanas.
19 November 2008 [13:17]

Azerbaijani-Swedish business - forum starts in Baku

The Azerbaijani-Swedish business-forum was launched at the Nobel's Family Foundation in the capital of Azerbaijan on Wednesday.
19 November 2008 [12:25]

Gubad Ibadoghlu: "Foodstuffs prices must have dropped long before in Azerbaijan, but they are preserved artificially"

Day.Az interview with Gubad Ibadoghlu, head of the Economic Research Center.
19 November 2008 [11:03]

Italian ambassador: "I think the Caspian energy summit in Baku was a success"

Day.Az blitz-interview with Gianluidji Mascha, ambassador extraordinary and plenipotentiary of Italy to Azerbaijan.
19 November 2008 [10:09]

Azerbaijan's inflation rate makes 21.6% by results of October

October consumer prices in Azerbaijan rose 0.8% over September and 21.6% over the past year.
18 November 2008 [18:20]

Azerbaijan to abolish "slave markets" in the capital city

Azerbaijan’s Ministry of Labor and Social Protection offers to put an end to the unorganized "slave markets" in Baku.
18 November 2008 [16:12]

President of Azerbaijan receives WB vice president

President of Azerbaijan Ilham Aliyev has received a delegation, led with WB vice president of Europe and Central Asia Shigeo Catsu, reports Day.Az with reference to the official website of the President of Azerbaijan.
18 November 2008 [15:54]

President of Azerbaijan receives Swedish employment minister

President of Azerbaijan Ilham Aliyev has today received a delegation led by Swedish employment minister Swen Otto Littorin, reports Day.Az with reference to AzerTac.
18 November 2008 [15:28]

Ukrainian ambassador to Azerbaijan: "The commodity turnover between Azerbaijan and Ukraine will reach $1 bln between Azerbaijan and Ukraine"

The commodity turnover between Ukraine and Azerbaijan made $705 mln through 8 months of 2008, said Ukrainian ambassador to Azerbaijan Boris Klimchuk at a press conference today.
17 November 2008 [18:13]

Swedish employment minister to arrive in Azerbaijan

A delegation of five people, headed by employment minister of Sweden Swen Ottolittorin will arrive in Azerbaijan capital tonight, said spokesman for Azerbaijan Ministry of Labor and Social protection of the population Elnur Kalantarli.
17 November 2008 [13:51]

Sabit Baghirov: "Most potential consumers of Caspian energy sources are groundlessly scared with Russia's actions in Georgia"

Day.Az interview with Sabit Baghirov, political scientist and former SOCAR President.
17 November 2008 [13:36]

Second session of US-Azerbaijani commission on economic partnership

Azerbaijani delegation, led with Finance Minister Samir Sharifov directed to the United States for participation in the second session of the US-Azerbaijani intergovernmental commission on economic partnership.
17 November 2008 [10:58]

Georgian Prime Minister highly appreciates decision to preserve tariffs on Azerbaijani gas

Georgian Prime minister Grigol Mgaloblishvili is high appreciating the decision not to change gas tariffs within five years adopted at the energy forum in Baku.
15 November 2008 [14:09]

Zardusht Alizade: "If the Kremlin is ready to return Nagorno Karabakh to Azerbaijan and pay European prices for our energy sources, Nabucco project may go to hell"

Azerbaijan has a definite volume of oil, which it sells, earning some money, mostly successfully misappropriated, said famous political scientist Zardusht Alizade.
15 November 2008 [12:17]

Full text of the declaration of the Baku energy summit made public

A declaration was signed by results of the fourth energy summit in Baku on November 14, reports Day.Az with reference to AzerTac.
15 November 2008 [12:05]

Azerbaijan outstrips Armenia on industrial production in the CIS area

In January-September of 2008 Azerbaijan took the third place on industrial production in the CIS area, reports Day.Az with reference to AzerTac.
15 November 2008 [10:52]

SOCAR and Georgian Energy Ministry sign memorandum of cooperation in the sphere of gas supplies

SOCAR and Energy Ministry signed a memorandum on supplies of Azerbaijani gas to Georgia.
15 November 2008 [10:30]

Estonian Prime Minister: "EU states are for the development of energy dialogue with Azerbaijan"

Estonia and EU states appreciate and speak for any development of an energy dialogue with Azerbaijan.
14 November 2008 [18:40]

Mikhail Saakashvili: "Georgia will strike a five year contract on the supply of Azerbaijani gas"

"Georgia and Azerbaijan are concluding a five year contract on supplies of Azerbaijani gas to Georgia", said Georgian President Mikhail Saakashvili, attending the energy summit in Baku.
14 November 2008 [16:55]

Yuri Shedrin: "Russia is the biggest consumer of non-primary Azerbaijani goods"

"Russia is the biggest consumer of Azerbaijani non-primary goods", said Russian trade representative in Azerbaijan Yuri Shedrin at a press conference today.
14 November 2008 [16:21]

Energy summit ends in Baku - UPDATED

Baku is hosting the fourth energy summit.
14 November 2008 [15:53]

President of Azerbaijan receives Hungarian Premier

President of Azerbaijan Ilham Aliyev has received Premier of Hungary Ferentz Durchan, reports Day.Az with reference to the official website of the President of Azerbaijan.
14 November 2008 [11:23]

SOCAR and Kazmunaygaz sign agreement in Baku

The State Oil Company of Azerbaijan and Kazmunaygaz signed an agreement "On basic principles of the Transcaspian transport system" in Baku.
14 November 2008 [11:02]

Oil production from Central Azeri to resume by late 2008

Oil production at the Central Azeri platform of the Azeri-Chirag-Guneshli bloc to resume by the end of the year, said SOCAR president Rovnag Abdullayev (SOCAR, owns 10% in the project).
13 November 2008 [16:33]

Lithuanian President arrives in Baku

13 November 2008 [15:51]

Ganja car plant plans to open representative office in Turkey

The Ganja car plant is planning to open its own representative office in Turkey soon, said director of the enterprise Khanlar Fatiyev.
13 November 2008 [14:41]

Mahmud Mamedkuliyev: "Before WTO accession Azerbaijan intends to neutralize all negative implications for its economy, otherwise, our country would have been the member of the organization long before"

The talks on Azerbaijan's WTO accession are held with different countries, said Mahmud Mamedkuliyev, deputy Foreign Minister of Azerbaijan and head of the national work group on WTO accession.
13 November 2008 [13:09]

Azerbaijani oil refineries process 6,117.43 thousand tons of oil through 10 months of this year

In October of this year the oil refineries of Azerbaijan processed 651.87 thousand tons of oil, reports the press service for the State Oil Company of Azerbaijan.
13 November 2008 [12:54]

US Secretary of Energy Department: "Conduction of an energy summit in Baku is already a success"

Conduction of an energy summit is already a success and it is attended by more states, as compared to the three others, said secretary of US energy department Samuel Bodman, arriving in Baku to attend the fourth energy summit.
13 November 2008 [10:16]

President of Azerbaijan receives US Secretary of Energy Samuel Bodman

President of Azerbaijan Ilham Aliyev has today received US Secretary of Energy Samuel Bodman and his accompanying delegation, Day.Az reports with reference to AzerTac.
12 November 2008 [16:24]

SOCAR Energy-Georgia declared "Investor of the year" in Georgia

The ceremony of presentation of awards, established by the Sakhelebi publishing house has recently been held in Georgia.
12 November 2008 [15:27]

Milli Medjlis deputy offers to involve Nakhchivan into the construction of the Baku-Tbilisi-Kars railroad

Milli Medjlis deputy Siyavush Novruzov suggests to involve Nakhchivan into the construction of the Baku-Tbilisi-Kars railroad.
12 November 2008 [13:11]

CIS statistical committee: "GDP growth makes 115% in Azerbaijan"

The CIS statistical committee has published data on the main socioeconomic indicators of the CIS member-states through nine months of this year.
12 November 2008 [11:27]

Rovnag Abdullayev: "Azerbaijan takes an active part in ensuring energy security of Europe"

SOCAR President Rovnag Abdullayev has received a delegation led by US senator Bob Corker.
12 November 2008 [10:48]

Waste incineration plant constructor registered in Baku

The Ministry of Taxes has registered CNIM Azerbaycan LTD to construct and regulate a waste incineration plant in Baku by the "single window" principle.
12 November 2008 [10:24]

Azerbaijan taking 69th place on competitiveness index

Day.Az reports with reference to Gazeta.kz portal that Azerbaijan takes 69th place among 134 countries by the competitiveness growth index in 2008-2009 in the framework of the Global Competitiveness program.
12 November 2008 [10:05]

Issue of Azerbaijani gas export to Georgia in 2009 not considered yet

The issue of export of Azerbaijani gas to Georgia in 2009 have not yet been considered, said head of Azerigaz Alikhan Melikov.
11 November 2008 [18:28]

Alikhan Melikov: "The population of Azerbaijan will not face problems with gas supply in winter"

In winter the population of Azerbaijan will not face problems with gas supply, said Azerigaz president Alikhan Melikov.
11 November 2008 [16:02]

German experts holding seminar on human resources management in Baku

A three-day seminar on human resources management in conditions of reformation of the systems of social insurance and pensions started in Baku.
11 November 2008 [15:22]

US senator visits Azerbaijan

U.S. Senator Bob Corker is visiting Azerbaijan November 11-12 to explore the broad range of bilateral issues, according to sources from the US embassy to Azerbaijan.
11 November 2008 [15:14]

US Energy Secretary to arrive in Baku

US President George Bush has ratified a composition of the US delegation to attend an energy summit to be held in Baku on November 14, reports Day.Az with reference to AzerTac.
11 November 2008 [14:45]

Turkish President to arrive in Azerbaijan

President of Turkey Abdullah Gul will pay a working visit to Azerbaijan on November 13.
11 November 2008 [14:14]

Azerenerji vice president: "Construction of Azerbaijani Hydroelectric power station not planned to continue"

The continuation of the construction of Azerbaijani hydroelectric power station is not planned, said vice president of Azerenerji Marlen Askerov, according to Novosti-Azerbaijan.
11 November 2008 [13:30]

State Statistical Committee: "Inflation rate will not top 22% by the end of the year"

Inflation rate will not top 22% by the end of the year in Azerbaijan and will not exceed this indicator, said acting chairman of the State Statistical Committee Arif Veliyev.
11 November 2008 [12:47]

Baku to host Azerbaijani-Swedish business-forum

Swedish Minister of Labor Swen Otto Litorin will arrive in Baku by invitation of the Azerbaijani Ministry of Labor and Social Protection.
11 November 2008 [11:31]

WB vice president to arrive in Azerbaijan

WB vice president Schigeo Catsu will arrive in Azerbaijan on November 18, reports Day.Az with reference to AzerTac.
10 November 2008 [18:50]

Baku to host Israeli-Azerbaijani seminar on hi-tech opportunities

Baku will host an Israeli-Azerbaijani seminar on hi-tech opportunities, said the press-service for the Israeli embassy to Azerbaijan.
10 November 2008 [17:55]

HP director general in Russia: "Azerbaijan is among CIS leaders in the sphere of information technologies"

Today Azerbaijan is among the leaders in the CIS area for the rates of application of information technologies in different spheres of human life, said HP general director on Russia and CIS states Rudi Kozak.