Business
26 September 2008 [10:34]
Georgia has suspended import of Russian electric power, supplied by the Salkhino power transmission line, passing via Abkhazia.
26 September 2008 [09:48]
26 September 2008 [09:33]
The process of the transfer of all assets, created in the framework of the PSA agreement on the development of the Azeri-Chirag-Guneshli oil fields, has been launched and it will finish by 2009, said SOCAR president Rovnag Abdullayev.
26 September 2008 [09:08]
The Cato Institute has released the rating of economic freedom of the world 2008.
25 September 2008 [17:17]
The State Oil Company of Azerbaijan plans to buy an oil refinery in Europe, said SOCAR president Rovnag Abdullayev.
25 September 2008 [15:27]
The ceremony of receipt of two new ships of the State Oil Company of Azerbaijan, called Caspian Qala and Caspian Breeze, was held in Baku on September 25.
25 September 2008 [13:14]
It is planning to create a circular power supply system for qualitative and reliable supply of electric power to the Baku city center, as well as the settlements around Baku, said spokesman for Bakielektrikshebeke Tanriverdi Mustafayev.
25 September 2008 [11:35]
The organization "The Clean city", founded by decree of President of Azerbaijan Ilham Aliyev in August of this year, will deal only with the problem of the solid household wastes disposal in Baku", said deputy Economic Development Minister of Azerbaijan Mikail Jabbarov.
25 September 2008 [09:46]
BP has closed the BTC pipeline, reports ITAR-TASS quoting on a company representative.
24 September 2008 [16:30]
Azerbaijan may launch production of aircrafts and helicopters in cooperation with several foreign companies, a source in the government told APA-ECONOMICS.
24 September 2008 [15:40]
The fourth international youth employment summit opened at Gulistan palace in Baku today.
24 September 2008 [09:04]
The National department of Transparency International in Azerbaijan is concerned with the country's low rating in the Corruption Perceptions Index for the last two years.
23 September 2008 [17:56]
The first international conference BlackSeaCruise 2008 will be held in Odessa (Ukraine) on September 24-25 of this year under support of the Black Sea Economic Cooperation.
23 September 2008 [17:36]
Azerbaijan’s Cabinet has today approved the 2009 state draft budget with participation of Prime Minister Artur Rasizade, Minister of Economic Development Heydar Babayev, Minister of Finance Samir Sharifov and other government officials.
23 September 2008 [15:56]
Transparency International has released the rating of countries for the level of corruption held among 200 states on September 23.
23 September 2008 [15:23]
Day.Az interview with Qubad Ibadoghlu, head of the Economic Research Center and famous economist.
23 September 2008 [14:16]
President of Azerbaijan Ilham Aliyev took part in the opening ceremony of one of the parts of the road junction near Meshadi Azizbeyov metro station.
23 September 2008 [13:27]
An agreement on the construction of a household waste recycling plant in Baku will be signed later this month.
23 September 2008 [12:56]
The session of the directors' board of the Black Sea Trade and Development Bank will be held in Istanbul on October 4-5.
23 September 2008 [12:38]
The Azerbaijani-German business-forum, held in Baku, will open new opportunities for German investments, especially Baden-Wurttemberg in Azerbaijan, said Mikail Jabbarov, deputy Economic Development Minister of Azerbaijan at the forum opening.
23 September 2008 [09:39]
Increase of the interest on credits is one of the anti-inflation tools now used in Azerbaijan.
23 September 2008 [08:55]
Azerbaijan and Netherlands will apply system of double taxing evasion regarding incomes and property, says the press release of Azerbaijan Taxes Ministry, according to Interfax-Azerbaijan.
22 September 2008 [13:12]
Azerbaijan Airlines (AzAL) will start domestic flights between Baku and Zagatala from September 26, Maharram Safarli, Press Secretary of AzAL, the flag carrier of the country.
22 September 2008 [10:43]
Day.Az interview with Ilham Shaban, head of the OIl Research Center.
22 September 2008 [09:30]
The Azerbaijan-Norway seminar was held in Norwegian Oslo.
20 September 2008 [12:27]
The State Oil Company of Azerbaijan is negotiating with Russia on bringing the Baku-Novorossiysk pipeline capacity to the projected capacity of 5,000,000 per day, SOCAR president Rovnag Abdullayev told reporters.
20 September 2008 [11:58]
20 September 2008 [11:30]
The total capacity of two underground gas reservoirs Kalmaz and Qaradagh after reconstruction will top 2 bln cubic meters of gas per year in 2009, SOCAR president Rovnaq Abdullayev told reporters.
20 September 2008 [11:07]
The underwater inspection of the oil platform in the Central Azeri field, suspended by the Azerbaijan International Operating Company due to gas leakage, started today, said SOCAR president Rovnag Abdullayev.
19 September 2008 [11:03]
The World Economic Forum has released the Global Enabling Trade Report for 2008.
19 September 2008 [08:59]
Zagatala Airport will soon be opened after reconstruction, said Azerbaijan Airlines (AzAL).
18 September 2008 [16:10]
Azerbaijan completed grain and grain legumes (without corn) gathering as of September 1 and 2,334,100 tons of crops was gathered from 860,200 hectares of lands.
18 September 2008 [11:04]
18 September 2008 [09:16]
17 September 2008 [15:31]
In January-August of 2008, Azerbaijan accounted for AZN 13,363,000,000 circulating in the country.
17 September 2008 [13:27]
Gas leakage occurred today at the Central Azeri platform, owned by BP-Azerbaijan. In the result, the personnel was completely evacuated from the platform, reports Day.Az with reference to ANS-Press.
17 September 2008 [09:21]
In January-August of 2008 Azerbaijan's GDP made AZN 25.9 bln, which is 13.2% higher, as compared to the same period of the last year.
16 September 2008 [16:37]
16 September 2008 [15:16]
The protocol on cooperation between the Azerbaijan Export and Investment Encouragement Foundation (AZPROMO) and British Business Association on Middle East signed a protocol of cooperation in Baku today.
15 September 2008 [17:47]
Estonian President Toomas-Hendrik Ilves will attend the fourth energy summit, to be held in Baku on November 14 of this year, reports Novosti-Azerbaijan with reference to the Estonian presidential administration.
15 September 2008 [17:20]
15 September 2008 [16:12]
The Public association "Participants of immovables market" drew conclusions of the monitoring of the state of the market of primary residence in the capital of Azerbaijan for August 2008.
13 September 2008 [12:21]
The World Bank has named Azerbaijan the global leader in business reforms, according to a new study that examines how countries improve their commercial environments and encourage start-ups.
13 September 2008 [10:51]
The National Bank of Azerbaijan (NBA) didn’t instruct the commercial banks to limit lending consumer loans because banks are free to choose what to do, NBA chairman Elman Rustamov told APA-ECONOMICS.
13 September 2008 [10:50]
Azerbaijan's Ministry of Taxes considers it expedient to reduce the VAT rate from the current 18%, Azerbaijan's Taxes Minister Fazil Mamedov told reporters.
13 September 2008 [10:39]
The National Bank of Azerbaijan (NBA) is working on a new draft program for mortgage loan lending.
13 September 2008 [10:23]
The National Bank of Azerbaijan is likely to permit to Russian Vneshtorgbank to purchase a control stock in local AF Bank in October, said chairman of NBA's board Elman Rustamov, according to Day.Az.
13 September 2008 [09:49]
According to Azerbaijani political scientist Rasim Aghayev, Nabucco pipeline is unreal without Russia's participation, reports Novosti-Azerbaijan.
13 September 2008 [09:00]
BP Plc stopped oil pumping by BTC pipeline after a leakage was revealed in Turkey's territory, reports Bloomberg agency.
10 September 2008 [09:59]
10 September 2008 [09:41]
09 September 2008 [16:13]
Consumer Price Index rose 1.02 percent in Azerbaijan, including 0.91 percent in Baku and 1.13 percent in regions during August, according to the Economic Research Center’s report based on the Alternative Inflation Methodology Development Project.
09 September 2008 [13:23]
President of Azerbaijan Ilham Aliyev welcomed participants of the International conference "Oil and gas potential of Azerbaijan and Turkmenistan: energy, economy, ecology, strategy of cooperation", reports Day.Az with reference to AzerTac.
09 September 2008 [12:19]
The department of marketing and economic operations of SOCAR has declared a winner of the marketing poll on export of 600,000 barrels of REBCO oil from Novorossiysk port.
09 September 2008 [11:42]
08 September 2008 [17:30]
Iranian Energy Ministry plans to build dams and hydroelectric power stations in 10 countries in the near future.
08 September 2008 [17:12]
08 September 2008 [17:01]
The ninth Azerbaijani-German economic forum will be held in Baku on September 23.
08 September 2008 [16:06]
08 September 2008 [14:38]
08 September 2008 [13:44]
Electronic facilities enterprise Kur will start producing internet booths for the first time in Azerbaijan.
08 September 2008 [11:52]
Azerbaijan's Minister of Economic Development Heydar Babayev received chairman of Hungarian National Assembly (parliament) Katalin Szili, visiting our country.
08 September 2008 [10:25]
The average volume of oil supplies from Azerbaijan will hit 1,020,000 barrels per day in 2008, which is 155,000 barrels per day higher as compared to 2007, says the OPEC August report on the oil market, posted on the official website of the cartel.
08 September 2008 [09:47]
National standards are being worked out in Azerbaijan in line with the international standards for information security.
06 September 2008 [11:16]
"There are some problems in connection with the personnel in the field of agriculture in Azerbaijan", Ismet Abasov, minister of agriculture, told APA.
06 September 2008 [10:44]
The European Union must reduce its dependence on Russian energy supplies by accelerating the planned Nabucco pipeline to bring gas from central Asia, the EU’s energy chief said on Thursday.
06 September 2008 [08:55]
From September 19, Azerbaijan Airlines (AzAL) will launch flights between Baku and Lenkeran, a southeastern city of the country.
06 September 2008 [08:52]
Azerbaijan can review it participation in the project of the Nabucco gas pipeline not only as sources supplier, but also as an investor, reports oilru.com with reference to RBK, according to Azerbaijan's Minister of Industry and Energy Natik Aliyev.
05 September 2008 [17:45]
In August of this year the oil refineries of Azerbaijan processed 611,800 tons of oil which is 36,040 tons (5.6%) lower as compared to the indicator, planned for this year, reported the SOCAR press service.
05 September 2008 [12:27]
The State Program on industrial development of Azerbaijan has already been introduced to the country's government and it is expected to be ratified by the end of the year, said Azerbaijani Minister of Industry and Energy Natik Aliyev.
05 September 2008 [09:42]
05 September 2008 [09:28]
05 September 2008 [09:03]
Turkey plans to raise gas import from Azerbaijan in winter months.
04 September 2008 [17:33]
Azerbaijan's Ministry of Finance intends to present draft state budget for 2009 to the country's Cabinet of Ministry in the near future.
04 September 2008 [17:02]
"Inflation rate in Azerbaijan can not exceed 20% this year", said Economic Development Minister of Azerbaijan Heydar Babayev, according to Day.Az.
Azerbaijan reduces automobile imports from Georgia
Azerbaijan's energy strategy boosts regional influence and export prospects
Azerbaijani, Saudi Arabian ministers exchange views on economic development goals
President Ilham Aliyev receives President of Chinese People's Association for Friendship with Foreign Countries [PHOTOS/VIDEO]
Republican meeting held within Green World Solidarity Year
Founder of Premier LTD speaks about Gidon Kremer's and his orchestra's concert in Baku
Satellites spot clusters of 'spiders' sprawled across Mars' Inca City