Business
14 May 2007 [16:31]
UniBank general meeting has decided to admit Ernst Welteke as Independent Director to the Supervisory Board.
14 May 2007 [16:27]
Managing Director of Software Research & Development Company (SANARAI) said on Friday Iran would participate at 1st Baku CeBit Fair.
14 May 2007 [16:16]
The second International Air Cargo Summit will be held in Baku on May 16.
14 May 2007 [16:15]
The energy summit in Krakow with participation of the presidents of Poland, Azerbaijan, Ukraine, Lithuania and Kazakhstan Energy Minister’s deputy was very fruitful, said Polish Ambassador to Azerbaijan Krzysztof Krajewski.
14 May 2007 [16:13]
The opening ceremony of Azerbaijan-Korea Electronic Trade Center was today held in Baku.
14 May 2007 [15:56]
Representatives from the Transport Ministries of Azerbaijan, Georgia and Turkey have come together in Baku to discuss some issues related to implementation of Baku-Tbilisi-Kars railway project.
14 May 2007 [12:49]
The Islamic Corporation on Development of Private Sector (ICD) held a workshop in Alma-Ata for CIS bank agents, dedicated to the co-operation of the ICD with the agents and development of joint proposals on the improvement of a financing line.
14 May 2007 [12:16]
Draft law on amendments and additions to the 2007 state budget of Azerbaijan was submitted to the parliament.
14 May 2007 [11:56]
Russian President Putin failed to get Kazakh and Turkmen partners to entirely reject the idea of a trans-Caspian pipeline.
14 May 2007 [11:49]
Baku Electricity Networks started to cut off supply to defaulting villas in the city.
14 May 2007 [11:39]
An idea was suggested at the summit of Polish, Azerbaijani, Georgian, Ukrainian and Lithuanian Presidents held in Krakow, Poland, to establish a consortium to study prospects of and issues related to delivery of the Caspian hydrocarbon resources to Europe via Georgia, the Black Sea, Ukraine and Poland.
14 May 2007 [11:27]
Russia agreed to build a new pipeline to import more natural gas from Turkmenistan, bolstering its dominant hold on supplies to Europe and heading off a rival U.S.-backed plan that would bypass Russian territory.
14 May 2007 [11:17]
Azerbaijan delegation headed by the Minister of Economic Development Heydar Babayev arrived in Aktau, Kazakhstan with official visit.
12 May 2007 [14:44]
The presidents of Poland, Azerbaijan, Georgia, Lithuania and Ukraine, and the Kazakh Deputy Minister for energy and natural resources, meeting in Krakow, Poland, on May 11, signed a document declaring joint energy security.
12 May 2007 [12:47]
Representatives from the Transport Ministries of Azerbaijan, Georgia and Turkey will come together in Baku on May 14-15 to discuss some issues related to implementation of Baku-Tbilisi-Kars railway project.
12 May 2007 [12:44]
Azerbaijan's Labor and Social Protection Ministry and the United Nations Development Programme (UNDP) held an official opening ceremony of Baku Vocational Training Center for jobseekers.
12 May 2007 [12:43]
Chairman of State Commission for State Service at President of Azerbaijan Bahram Khalilov and the rector of Azerbaijan State Oil Academy Sayavush Garayev have been announced honorary members of the Caspian Integration Business Club.
12 May 2007 [12:42]
OSCE and Eurasian Fund will hold a conference dedicated to reforms in customs legislation and procedures as necessary step in the economic development of the South Caucasus on in Tbilisi on May 14-15.
12 May 2007 [12:32]
The first vacancy fair for foreign workers will take place in Moscow on May 16.
12 May 2007 [12:22]
In Azerbaijan consumer goods sales rose to AZN 2.3 billion during January-April, up 14.2% from the same period last year.
12 May 2007 [12:21]
The International Bank of Azerbaijan has delivered 3,000 bank cards to the State Social Protection Fund to circulate to pensioners.
12 May 2007 [12:18]
The revenues of Azerbaijan's state budget were AZN 1.0868 billion against the planned 1.1216 billion (96.6%) for the first quarter of 2007, 58.3% more than a year earlier.
12 May 2007 [12:16]
Azerbaijan's Kapital Bank intends to buy 40 ATMs, of which 28 will be installed in regions 4 in Nakhchivan and 8 in Baku and Sumgait.
12 May 2007 [12:15]
12 May 2007 [11:51]
The informal energy meeting of developing countries in Krakow agreed Friday to extend the existing Odessa-Brody pipeline to Polish terminals and refining centers and create a corridor to bring Central Asian energy to Europe bypassing Russia.
12 May 2007 [11:45]
Khalg Sighorta Insurance Company has opened a branch in Sumgait.
12 May 2007 [11:42]
The Industry Ministry of Belarus is planning to double trade with Azerbaijan during 2007.
12 May 2007 [11:29]
Russia, Kazakhstan and Turkmenistan agreed to build a gas pipeline along the Caspian coast and will sign the deal by September 1, a joint declaration of the three presidents said Friday.
12 May 2007 [11:25]
Black Sea Economic Cooperation Organization (BSECO) Foreign Ministers are expected to meet in June.
11 May 2007 [15:34]
Russian President Vladimir Putin, on a tour of Central Asia aimed at strengthening Moscow's control over the region's energy export routes, called Friday for closer ties with Turkmenistan.
11 May 2007 [15:31]
Trial on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and six more company officials, who are accused of abuse of power, embezzlement and negligence of court judgements, was again postponed.
11 May 2007 [15:00]
Transition to electronic delivery of pension benefits has started since 2005 and most of the pensioners are able to get their benefits through ATMs at present, the State Social Protection Fund Chairman Salim Muslumov told a workshop examining automation of pension benefits: current situation and prospects.
11 May 2007 [13:35]
"Azerbaijan's 2008 budget is likely to beat US $8 billion while it was between $600 million and 700 million a decade ago," Ziyad Samadzade, chair of the parliament standing commission for economic policy, told.
11 May 2007 [13:02]
The Azerbaijan Corporate Governance Project, implemented by the International Finance Corporation (IFC) and funded by SECO, along with Azerbaijan's State Committee for Securities today held a workshop in Baku, discussing issues on protecting shareholders' rights, experiences and practices.
11 May 2007 [12:35]
The presidents of Russia, Kazakhstan, and Turkmenistan are holding a summit today in Turkmenistan's capital, Ashgabat, to discuss energy cooperation between the three countries.
11 May 2007 [12:33]
"Azerbaijan has done its best with regard to the protection of pipelines," said Deputy Prime Minister Abid Sharifov.
11 May 2007 [09:43]
Amid Azerbaijan's accession to the World Trade organization, the issue with AzTeleCom Unit is the subject of discussion, said the Deputy Foreign Minister Mahmud Mammadguliyev.
11 May 2007 [09:42]
The first metrological test laboratory will be established in Baku in three months, said Ramiz Hasanov, Chairman of Azerbaijan State Agency for Standardization, Metrology and Patents.
11 May 2007 [09:39]
Azerbaijan's Tariff Council debates on Transport Ministry's proposals on increasing transportation tariffs, Deputy Transport Minister Musa Panahov told journalists.
11 May 2007 [09:37]
Elman Rustamov, chair of the board of the National Bank of Azerbaijan, will pay a business visit to Belarus in June.
11 May 2007 [09:37]
16th meeting of CIS Interstate Council on the Industrial Property Protection will be held in Baku on May 28.
11 May 2007 [09:29]
President of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul, accused of abuse of power, embezzlement and negligence of court judgements will not attend the trial fixed to May 11.
11 May 2007 [09:17]
"Azerbaijan" Thermal Power Plant generated 88,262.643 million kilowatts-h of electricity, up 62.643 million kilowatts from the planned.
11 May 2007 [09:16]
Azercell Telecom JV put into operation international one-sided roaming service with Egyptian Mobinil operator.
11 May 2007 [09:15]
The average annual inflation rate is a bit above 16% while four-month inflation is around 10%, said Elman Rustamov, the National Bank's board chair.
11 May 2007 [09:13]
Azerbaijan State Caspian Shipping Company plans to buy several vessels by the year-end, president of Caspian Shipping Company Aydin Bashirov told journalists.
11 May 2007 [09:12]
Action plan is being prepared for removing plants and other buildings in Baku bay, president of Azerbaijan State Caspian Shipping Company Aydin Bashirov told journalists.
11 May 2007 [09:10]
Azerbaijan's Communications and Information Technologies Ministry has set up a working group for the Popular (People's) Computer Project aimed at improving socially disadvantaged people's computer knowledge and access to the Net.
11 May 2007 [08:59]
Russkiy Registr Certification Association has registered ISO 9001-2001 quality management system, ISO 14001:2004 environmental management system and OHSAS 18001:1999 Occupational Health & Safety Management Systems with the IQNET for Heydar Aliyev Baku Deepwater Jacket Factory.
11 May 2007 [08:57]
AtaSighorta Insurance Company collected AZN 1,504,300 in premiums during January-April, 49.3% higher than a year earlier.
11 May 2007 [08:56]
Azerbaijan may adopt a new Customs Code by this year's end.
11 May 2007 [08:55]
Collection rate for electricity continues to improve after notable decline after energy prices hike in early 2007.
11 May 2007 [08:48]
The Draft State Program for Development of Industry has been sent to the Government of Azerbaijan.
11 May 2007 [08:47]
"AzeriGas has completed provision of the customers with gas meters. The metering process has led to efficient use of natural gas. We see positive results," said Alikhan Malikov, President of AzeriGas.
10 May 2007 [19:31]
Azerbaijan's Taxes Ministry has opened the first tax terminal and a new building which will house a number of tax departments.
10 May 2007 [19:30]
Energy summit is to be held in Krakow, Poland on Friday. Polish President Lech Kachinsky invited Presidents of Azerbaijan, Ukraine, Georgia, Kazakhstan and Lithuania to participate in the summit.
10 May 2007 [19:24]
By late May the Tariff Council, State Price Regulator of Azerbaijan, will consider the Communications and Information Technologies Ministry's proposals to increase monthly subscription fees and to reduce international and domestic call prices in return.
10 May 2007 [19:22]
10 May 2007 [19:19]
Azerbaijan's Working Group and the World Trade Organization reps will have its fifth meeting at the headquarters of the WTO, Geneva in June.
10 May 2007 [19:16]
Conference on hydrocarbons of the Caspian Sea will be held in the European Parliament.
10 May 2007 [19:10]
Azerbaijani delegation headed by Economic Development Minister of the country Heydar Babayev is expected to visit Mangystau oblast with one-day visit on May 11.
10 May 2007 [19:08]
Austria's Raiffeisen International, one of the world's largest banking groups, is considering entering the banking markets of former Soviet republics, CEO Herbert Stepic said Thursday.
10 May 2007 [19:06]
The presidents of Lithuania, Ukraine, Georgia, Azerbaijan and Poland will meet in Poland to discuss the extension of the Odessa-Brody oil pipeline.
10 May 2007 [15:51]
"The head of state ordered to work out a new general plan of Baku. This work is to be carried out by professionals. But this issue can not be solved soon. It will take some years," said Deputy Prime Minister Abid Sharifov.
10 May 2007 [15:33]
Russian President Vladimir Putin, on a Central Asian tour aimed at boosting Russia's influence in the region's rich energy sector, on Thursday agreed to allow most of Kazakh oil to be shipped through Russian territory.
10 May 2007 [14:54]
Azerbaijan's Transport Ministry has submitted the Railway Development Draft Program to the Government for consideration.
10 May 2007 [14:08]
More than 1,700 customs officers have to date dismissed for their unsatisfactory work and wrongdoing and some 2,000 have been administratively disciplined in Azerbaijan, said the State Customs Committee chair Aydin Aliyev.
10 May 2007 [13:13]
Azerbaijan exported a total of 9.659 million tonnes of oil during January-April, 65.2% more than the same period last year.
10 May 2007 [12:40]
Azeri-Chirag-Guneshli (ACG) produced 10,828,000 tonnes of oil during January-April, up 70% from the same period last year.
10 May 2007 [12:38]
Romania's Oil Terminal Company joined the consortium of states participating in the implementation of the oil pipeline project Constance-Trieste-Paneurope envisaging transportation of the Caspian oil, Mircha Taiss, head of the development programs of the company said.
10 May 2007 [11:59]
Vladimir Putin, the Russian president, has embarked on a seven-day trip to Kazakhstan and Turkmenistan armed with a raft of proposals to broaden energy co-operation and beat off competition for central Asian natural gas supplies.
10 May 2007 [09:55]
Azerbaijan will take part in the Trans-Caspian gas pipeline project if its implementation is started, Azeri Deputy Foreign Minister Araz Azimov said.
10 May 2007 [09:45]
Azerbaijan's Tariff Council is expected to increase some public utilities bill next week, Economic Development Minister Heydar Babayev said.
09 May 2007 [12:48]
Azerbaijan's delegation headed by Finance Minister Samir Sharifov attended the 40th meeting of Asian Development Bank Directors Council in Kyoto.
09 May 2007 [12:47]
Baku Gas Supply Department (BakGas) has cut of supply to 1,274 defaulting customers who owe a total of AZN 260,674.56.
Poland to host event to investigate possibilities of exporting Polish agricultural products to Azerbaijan
Georgian PM: longest tunnel project “historic moment” for domestic road infrastructure
Documents in commercial & economic sector to be inked during Kyrgyz President's visit to Baku
China's used vehicle sales up 7.62 pct in Q1
Azerbaijan eliminates double taxation on income based on agreement with Turkiye
Türkiye hosts inaugural event on ocean action, climate crisis
AvtoVAZ may return to Uzbekistan market