Business
12 February 2008 [10:30]
The World Bank will allocate credits in the amount of $465,000,000 to Azerbaijan.
11 February 2008 [17:28]
US Agency for International Development (USAID) will allocate $6,000,000 for implementation of projects in Azerbaijan in 2008.
11 February 2008 [17:25]
The National Bank of Azerbaijan plans to introduce banknotes of AZN 200 in the near future.
11 February 2008 [17:02]
The state-owned share of Azerbaijan's biggest mobile operator Azercell has been fully privatized today.
11 February 2008 [16:47]
Azerbaijan's government to continue supporting development of entrepreneurship in the country.
11 February 2008 [16:04]
In February, Unicapital bought from Unibank its share in the authorized capital of the Baku Stock Exchange.
11 February 2008 [15:57]
GSMA World Congress is held in Barcelona, Spain from February 11 until February 14.
11 February 2008 [15:44]
Azerbaijan-based Nihad Motors plans to import 500 more buses from China.
11 February 2008 [15:02]
Volume of oil exportation from Azerbaijan made up 2,802,000 tons in January 2008, which is a 23.9% rise as compared to January of 2007.
11 February 2008 [13:48]
Microsoft Corporation plans to create a regional information center in Azerbaijan, Azerbaijan's minister of information and communication technologies Ali Abbasov said.
11 February 2008 [12:54]
Iran has suggested Azerbaijan to construct a 8 kilometers railroad Astara-Azerbaijan-Astara-Iran.
11 February 2008 [12:43]
The State Program for Development of Regions, adopted in February of 2004, has been executed almost by 98%.
11 February 2008 [12:22]
A conference on the four-year results of the implementation of “State Program on Socioeconomic Development of the regions of Azerbaijan Republic” (2004-2008) is being held in Gulustan palace.
11 February 2008 [11:34]
By some official reports, mutual commodity turnover between Azerbaijan and Iran makes up $600,000,000, while by unofficial reports it exceeds $1,000,000,000.
11 February 2008 [10:55]
The price of Azerbaijani gas, supplied to Georgia, may rise up to $180-200 per 1,000 cubic meters.
11 February 2008 [10:26]
The European commission hopes that the supplies of Azerbaijani gas to Greece will start by the end of this year.
09 February 2008 [14:50]
Azerbaijani importers have paid a working visit to Samtskhe-Javakheti.
09 February 2008 [12:48]
Ceyhan port shipped 27 tankers load of 2,611,376 tons of Azeri oil in January of 2008.
09 February 2008 [12:37]
AeroSvita-Ukrainian airlines will set new international flights in spring of 2008 including to Baku on March 30 and to Almaty on April 26.
09 February 2008 [12:33]
The Baku-Tbilisi-Ceyhan pipeline transported 2,877,793 tons of Azeri oil in January, 2008.
09 February 2008 [11:16]
Experts state that market prices will further rise.
09 February 2008 [10:50]
Azerbaijan is likely to pass the second valuation of compliance with FATF standards (International Group for Combat with Financial Irregularities) in late April of this year.
09 February 2008 [10:28]
A conference on the fourth anniversary of the State Pgram for socioeconomic development of the regions of the Azerbaijan Republic (2004-2008) will be held in the Gulistan palace on February 11-12.
09 February 2008 [10:21]
The US Citibank may receive a license on opening of a representative office in Azerbaijan.
08 February 2008 [17:57]
The international exhibition Expo-Pakistan 2008 will be held in Karachi (Pakistan) on March 13-16 of 2008.
08 February 2008 [17:52]
Azerbaijan’s 2008-2011 State Investment Program is predicted to take AZN 15.6 billion, country’s Ministry of Economic Development reports.
08 February 2008 [17:12]
Bakielektrikshebeke, power distribution company in Baku, plans to completely upgrade Azerbaijan's grid by 2020, Baba Rzayev, chief of the company, told a press conference.
08 February 2008 [17:07]
Germany’s Commerzbank has inaugurated a representative office in Baku.
08 February 2008 [11:02]
Azerfon LLC (Nar MobileTM) offered new campaign “Money Rain – even better!” which has no analogs in the country!
07 February 2008 [18:46]
The number of targeted social assistance benefits beneficiaries will surpass 150,000 in Azerbaijan at the end of 2008 after the standard criterion is raised by 12.5% to AZN 45.
07 February 2008 [18:32]
Azerbaijan generates 73–74 million kilowatt hours daily, according to vice president of energy company Azerenerji Marlen Askerov.
07 February 2008 [18:25]
The European Bank for Reconstruction and Development has provided financial assistance for implementation of 80 projects in Azerbaijan in the total amount of $720,000,000.
07 February 2008 [17:49]
Azerbaijan President Ilham Aliyev has approved Azerbaijani composition of Azerbaijan-Tajikistan Intergovernmental Commission for Economic Cooperation.
07 February 2008 [16:59]
The European Commission has introduced a financial agreement, a program of actions and a list of provisions to ensure budget assistance in the energy sector to the Ministry of Economic Development of Azerbaijan.
07 February 2008 [16:30]
Investments into the construction of private electric station with a capacity of 750 MW in Alyat settlement of Azerbaijan is estimated by Korean KEPCO at $1 billion.
07 February 2008 [15:54]
The Spanish-Azerbaijani business-forum will be held in Barcelona (Spain) on April 6-11 of 2008.
07 February 2008 [12:41]
Ahmed Erentok, chairman of the Board of Azerbaijani-Turkish Businessmen Association, paid a visit to Kazakhstan.
07 February 2008 [12:20]
An expanded collegium of Azerbaijan's Ministry of Economic Development was dedicated to the results of the last year.
07 February 2008 [11:06]
Azerbaijan's Minister of Economic Development does not exclude that inflation rate might be one-digit this year.
06 February 2008 [16:18]
The third Azerbaijan-Russia-Turkey business-forum is scheduled for September of 2008.
06 February 2008 [16:12]
06 February 2008 [15:19]
Our task is to increase the commodity turnover between Azerbaijan and Russia in 2008.
06 February 2008 [14:44]
Azerbaijan has been invited to participate in the Cisco Expo – 2008 Conference to be held in Almaty on March 25-26.
06 February 2008 [14:02]
Production of engineering, motor-car, chemical, metal, timber and building industry, as well as foodstuffs and agricultural raw materials make up about 80% of Russia's supplies to Azerbaijan.
06 February 2008 [13:49]
Last year 957 dump-trucks, 170 special cars and 165 buses were imported to Azerbaijan from Russia.
06 February 2008 [13:14]
Azerbaijan's State Statistical Committee reports that the commodity turnover between Azerbaijan and Russia has risen by 0.3% as compared to the same period of 2006 up to $1,529,800,000.
06 February 2008 [12:37]
Shahmar Movsumov, chief executive of the State Oil Fund of Azerbaijan, received ambassador of Switzerland to Azerbaijan Alain Guidetti.
06 February 2008 [10:41]
The State Oil Company of Azerbaijan (SOCAR) has undertaken operating of the Azeri section of Baku-Novorossiysk Oil Pipeline since February 2.
06 February 2008 [10:37]
Financial aid to Azerbaijan has been raised by $1,000,000 in the draft US state budget for 2009 as compared to 2008.
05 February 2008 [15:28]
Greek Development Minister Khristos Folias will pay a visit to Azerbaijan in mid March.
05 February 2008 [11:09]
Quotes of sturgeon fishing were ratified at a session of the Commission for Caspian biological reserves, held in Ashkhabad on January 29-31 of 2008.
04 February 2008 [17:57]
Azerbaijan is predicted to earn $400 billion of oil and gas revenues within 16 years, said Azerbaijan’s Industry and Energy Minister Natig Aliyev said in an interview with a group of reporters from the EU countries.
04 February 2008 [15:58]
Ukraine has not made any official proposal on Azerbaijan's participation in the "White flow" project.
04 February 2008 [13:43]
01 February 2008 [16:29]
Iran is interested in purchasing of Azerbaijani gas beginning from 2008 and currently the State Oil Company of Azerbaijan holds talks with the Iranian side on the issue.
01 February 2008 [14:41]
The World Fund of Environmental Protection spread a declaration which states the reduction in the number of sturgeons in the Caspian Sea.
01 February 2008 [14:17]
The European Bank for Reconstruction and Development (EBRD) is likely to approve the long-expected loan for railway system upgrading project in Azerbaijan.
01 February 2008 [13:57]
In the near future Azerbaijan's Ministry of Communications and Information Technologies will hold a session to discuss the list of proposals, including notifications and provisions to the European convention on cyber-crimes.
01 February 2008 [11:21]
Limits on local telephone calls will not be applied in Azerbaijan in 2008.
01 February 2008 [10:19]
BP will restore roads and irrigation canals which it damaged in Samukh region of Azerbaijan.
31 January 2008 [18:29]
In 2007 Azerbaijan conducted import and export transactions in the amount of $11,800,000,000 with 137 countries.
31 January 2008 [17:04]
Azerbaijan Export and Investments Encouragement Fund (AzPromo) plans to arrange Azerbaijan's presentation and an investment seminar in Kuwait.
31 January 2008 [15:16]
The amount of foreign credits, raised by Azerbaijan, made up $2,441,900 as of January 1 of 2008.
31 January 2008 [14:57]
31 January 2008 [14:13]
Azerbaijan has presented the initial variant of some interstate agreements to Philippines, Azerbaijani Ambassador Extraordinary and Plenipotentiary to Philippines Ibrahim Hajiyev told APA.
31 January 2008 [13:41]
The International Bank of Azerbaijan has established its representative offices in Luxembourg.
31 January 2008 [13:30]
Discussions of prospects of cooperation in the sphere of education were initiated between Azerbaijan and Jordan in Baku.
31 January 2008 [10:01]
Ukraine has imposed a ban on the import of pork from Azerbaijan, APA reports.
30 January 2008 [18:56]
Azerbaijan's external debt made up $4,441,900,000 as of January 1 of 2008 which is 8.2% of country's GDP.
30 January 2008 [17:44]
The number of tourists who visited Azerbaijan in a year has risen by 11%.
30 January 2008 [17:01]
The delegation of South Korean Jinhung will launch preliminary works on the construction of Light rail construction telpher between Baku and Sumgayit in February of 2008, APA reports with reference to the Korean Embassy to Azerbaijan.
30 January 2008 [16:03]
US Goldman Sachs International is ready to render consulting services to Azerbaijani enterprises in banking, telecommunication, industrial and energy sectors.
30 January 2008 [15:35]
A delegation of Azerbaijan's Confederation of Entrepreneurs will take part in the seminar of the World Labor Organization to be held in Turin (Italy) in February-March of 2008.
30 January 2008 [15:09]
It is not planned to review customs tariffs in Azerbaijan by the end of the year.
30 January 2008 [13:09]
Tokyo is preparing to host the fifth session of the Japanese-Azerbaijani intergovernmental economic commission on February 25-26, Novosti-Azerbaijan reports with reference to Azerbaijani embassy to Japan.
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