Business
20 April 2007 [23:50]
Culture and Tourism Ministry will propose to make monuments of satirists and musical instruments due to the executive order of the Head of State on monumental sculpture works, memorial and architecture complexes.
20 April 2007 [16:04]
A local individual has won investment competition for the shares of Baku Taxil Open Joint Stock Company.
20 April 2007 [12:58]
State Oil Company of Azerbaijan (SOCAR) and Turkey’s Turcas which agreed to set up a joint venture for oil exploration, refining and marketing submitted an offer to Energy Market Regulatory Authority (EPDK) to build a petroleum refinery in Ceyhan.
20 April 2007 [11:57]
Netty-2007 Azerbaijan National Internet Award, an annual campaign aimed at choosing the best websites in the country, has held virtual jury vote to set nomination finalists.
20 April 2007 [11:54]
Industrial production grew 38.6%, year-on-year, during the first quarter to AZN 4.6 billion in Azerbaijan.
20 April 2007 [11:52]
The representatives of Azerbaijani Microfinance Association (AMFA) will attend the 10th conference of Microfinance organizations in Sofia, Bulgaria, from May 29 to June 2.
20 April 2007 [11:50]
The debts of Azergas and Azerenergy to SOCAR have reached to AZN100m.
20 April 2007 [11:47]
National Bank of Azerbaijan has submitted draft bill on Non-bank credit organization to government.
20 April 2007 [11:32]
Russia's Kommersant newspaper published new version of ranking "CIS's 1000 banks" published in March.
20 April 2007 [11:30]
47 tankers took on board 5.549 million tonnes of Azeri Light crude oil at the Ceyhan Port in Turkey during the first quarter of 2007.
20 April 2007 [11:30]
Energy summit expected to be held in Warsaw on May 11-12 will possibly rescheduled.
20 April 2007 [11:29]
The total daily production rate at Azeri-Chirag-Guneshli has beaten 690,000 barrels per day.
20 April 2007 [11:14]
Seoul will host Azerbaijan-Korea business forum on April 24.
20 April 2007 [09:52]
A South Korean consortium led by the Korea National Oil Corporation (KNOC) is pushing to win the right to search for oil at Azerbaijan's Inam field by September, the Korean government said Friday.
20 April 2007 [08:56]
Baku hosts the two-day meeting of Trans-Asia-Europe (TAE) international fiber-optic cable line projects on Baku-Aktau segment. TAE member states and leading operators of regional countries attend the meeting.
20 April 2007 [08:46]
National Teleradio Council started checks with online "Day.Az Radio".
20 April 2007 [08:04]
A great number of unsafe products were withdrawn from the sales in Azerbaijan, said Consumer Market Control Service.
19 April 2007 [22:25]
The countries sharing the shores of the Black Sea and a few neighboring states announced plans Thursday to bolster economic and other cooperation in their oil-rich region, including a construction of a "ring road" around the sea.
19 April 2007 [22:11]
Ernst&Young company ended auditing in Barmek-Azerbaijan Electricity Distribution LLC.
19 April 2007 [21:52]
Preliminary court proceeding on case of president of Barmek-Azerbaijan Electricity Distribution LLC Huseyn Arabul and seven more company officials, who are accused of abuse of power, embezzlement and negligence of court judgements, continues.
19 April 2007 [21:37]
It is slated to lay Poti (Georgia)-Odessa (Ukraine) and Poti (Georgia)-Istanbul (Turkey) cables in the short run.
19 April 2007 [21:34]
The shareholders of Azerbaijan International Operating Company (AIOC), which have a stake in BTC Co, have reoriented all the oil coming from Azeri-Chirag-Guneshli through Baku-Tbilisi-Ceyhan pipeline. All theses companies have stopped exporting oil via Baku Novorossiysk and Baku-Batumi routes.
19 April 2007 [21:27]
The shareholders of Azerbaijan International Operating Company (AIOC), which have a stake in BTC Co, have reoriented all the oil coming from Azeri-Chirag-Guneshli through Baku-Tbilisi-Ceyhan pipeline.
19 April 2007 [14:23]
The meeting of the heads of government of the Black Sea Economic Cooperation (BSEC) member countries is to be held in Turkey on June 25, BSEC deputy general-secretary Andrei Urnov told.
19 April 2007 [14:09]
Price rise of recent months in Azerbaijan impacted country's medicine market.
19 April 2007 [09:00]
"The documentation of Baku-Tbilisi-Akhalkalak-Kars railway project is to be completed," Azerbaijan's Transport Minister Ziya Mammadov told the journalists.
19 April 2007 [08:58]
State Oil Company of Azerbaijan (SOCAR) will take complex measures to prevent construction of houses near oil wells.
19 April 2007 [08:57]
Chief of Antimonopoly State Service Samir Dadashov and official for analytic-information sector of the service Elshad Mammadov attend the 55th spring session of American Bar Association in Washington.
19 April 2007 [08:56]
Baku-Supsa oil pipeline will be commissioned by the end of this year.
19 April 2007 [08:55]
State Oil Company of Azerbaijan (SOCAR) and German Academic Exchange Service (DAAD) signed joint scholarship program.
19 April 2007 [08:51]
"The IDPs settled in Binagadi district will be replaced in the regions in which they were registered. Every IDP has temporary registered address," said Baku Underground's chief Taghi Ahmadov. According to him refugees settled there illegally.
19 April 2007 [08:17]
Geneva will host the 97th conference of International Labour Conference (ILC) from June 10 to 16.
19 April 2007 [08:14]
On 16 April, Azerbaijan's Unibank and VTB Bank Europe plc launched syndicated loan facility for $15mln with split tranches of 12 and 15 months.
19 April 2007 [08:13]
As at April 1, Yapi Kredo Bank Azerbaijan raised its assets to AZN 56,491,510, up 32% from the same period last year.
19 April 2007 [08:11]
Azerbaijan's State Committee for Securities has submitted new proposals to World Bank in the frame of modernization of financial sector of the country.
19 April 2007 [08:10]
Iranian Transport Minister Mustafa Rahmati is expected to visit Baku in last decade of May.
19 April 2007 [07:58]
National Bank of Azerbaijan (NBA) the Chairman of the Management Board Elman Rustemov has received the delegation headed by Christos Kostopoulos, Senior Country Economist of World Bank.
19 April 2007 [07:57]
The National Bank board chair Elman Rustamov has today met with the BP-Azerbaijan President Bill Schrader.
19 April 2007 [07:56]
Azerbaijan Auditors Chamber (AAC) intends to sign agreements on cooperation with audit-accounting institutions of Romania, Poland and Ukraine.
19 April 2007 [07:55]
Baku will host the meeting of Working Group on construction of Trans-Asia-Europe (TAE) international fiber-optic cable line from April 19 to 21.
19 April 2007 [07:53]
For the first quarter, Azerbaijan's State Committee for Securities registered 22 issues of shares worth AZN 41.8mln and 4 issues of corporate bonds worth AZN 9.7mln.
18 April 2007 [21:55]
Emergencies Ministry bans constructing buildings higher than 12 storeys in the capital Baku, Orujeli Hajiyev, Deputy Emergencies Minister told journalists.
18 April 2007 [21:53]
Azerbaijan's Transport Ministry intends to charge cars for entrance to historical-agricultural monument sites in Baku, said Azerbaijan Road Service Chairman Javid Gurbanov.
18 April 2007 [21:51]
Azerbaijan has prepared the preliminary paperwork for construction of an oil refinery in Ceyhan Port, said Rovnag Abdullayev, the President of the State Oil Company of Azerbaijan (SOCAR).
18 April 2007 [21:44]
BASF Caspian JKS has held the second congress in Baku, examining modern construction and concrete production.
18 April 2007 [21:43]
Azerbaijan negotiates with Russia for expanding relations with Ulyanovsk province.
18 April 2007 [21:37]
The project for upgrading 22 km Section of the Alat Astara Highway (Baku-Astara) has started Wednesday. The project is funded by the government of Azerbaijan ($94mln), the World Bank ($106.1mln) and Asian Development Bank ($200mln).
18 April 2007 [21:20]
Within the scope of Azerbaijani president's visit, Azeri Transport Ministry and South Korean Company (SKS) will sign an agreement for installation of Intellectual Traffic Control System in Baku.
18 April 2007 [21:16]
Azerbaijani President Ilham Aliyev received OMV Executive Board's chairman Wolfgang Ruttenstorfer.
18 April 2007 [21:05]
Azerbaijan's Nihad Motors has made some changes to the terms of the agreement with China's ChangAn Motors for delivery of 500 buses to Azerbaijan.
18 April 2007 [21:01]
The first Azerbaijan International Hotel Business Exhibition HotelExpo and the fifth Azerbaijan International Travel and Tourism Fair AITF-2007 have started in Baku.
18 April 2007 [21:00]
Azerbaijan's Finance Ministry has announced two contests to find a manager and a legal consultant for the first issue and flotation of eurobonds in the international market.
18 April 2007 [20:48]
Azerbaijan, Georgia and Turkey are studying prospects of the idea of connecting the national power systems to operate in parallel.
18 April 2007 [14:36]
The meeting of Azerbaijan-Russia intergovernmental economic commission scheduled for April 23 has been postponed.
18 April 2007 [13:58]
Azerbaijan's State Committee for Securities has completed draft law on investment funds and introduced to the exports of the international financial institutions.
18 April 2007 [13:49]
Azerigas, State Gas Supply Company, has announced that it has cut off supply to 1,675 defaulting customers since April 16.
18 April 2007 [13:19]
Two IMF missions for technical assistance will visit Azerbaijan on Wednesday.
18 April 2007 [12:45]
On April 17, the Republic of Azerbaijan and the Kingdom of Morocco signed an agreement of cooperation on agriculture within the scope of Azeri Agriculture Minister Ismat Abbasov's visit to this country at the invitation of Moroccan Agriculture, Rural Development and Fishing Minister Mohand Laenser.
18 April 2007 [12:40]
Preliminary court proceeding on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and seven more company officials, who are accused of abuse of power, embezzlement and negligence of court judgements, continued.
18 April 2007 [10:51]
Azerbaijan's Transport Ministry has developed some draft documents on technical services to vehicles and submitted to relevant state bodies.
18 April 2007 [10:43]
Azerbaijan Bank Training Center will organize courses on "Marketing: new bank products and services" and "Improvement of customers services" in April.
18 April 2007 [10:39]
Azerbaijani Accounting Chamber and Finance Ministry have developed draft bill on Financial Controls, Deputy Chairman of the chamber Abbas Allahverdiyev said on Tuesday during the discussions of 2006 Report of the AAC in Parliament.
18 April 2007 [10:39]
Azerenergy, the State Energy Company of Azerbaijan, pays twofold price for Finnish Wartsila Corporation’s multi-fuelled power plants, MP Jamil Hasanli told a parliament session.
18 April 2007 [10:36]
The 13th international second-hand equipment sale RESALE-2007 has started in Karlsruhe, Germany.
18 April 2007 [10:35]
The delegation headed by Turkey's Privatization Administration Chairman Metin Kilci visits Azerbaijan.
18 April 2007 [10:35]
Some enterprises of Russia's Kurgan district have taken profitable orders from Azerbaijan after the presentation of the oblast in Baku.
18 April 2007 [10:30]
Trade turnover between Azerbaijan and Mangistau province of Kazakhstan increased by 20% in 2006, Krimbek Kushembayev, head of Mangistau province of Kazakhstan said at Azerbaijan-Kazakhstan business forum.
18 April 2007 [10:28]
"Aktau Port's cargo flow mostly includes oil and steel. The shipment flow into and out of the port reached 10mln tons last year," Kazakhstan's Aktau Port deputy Director Dauren Kutpanbayev said.
18 April 2007 [10:25]
Presentation ceremony of the prize "Golden wheel" on occasion of the third anniversary of Union of Azerbaijani and Turkish Businessmen (ATIB) was held in Azerbaijan State Philharmonic Society.
18 April 2007 [10:13]
Latvia appealed to official Baku for allowing visa-free travel for its citizens.
18 April 2007 [10:09]
Azerbaijani students will participate at the conference "Modern technologies for Western Siberia's fuel-energy complex", Azerbaijani consul general to St Petersburg Gudsi Osmanov told.
18 April 2007 [09:32]
April 24, Russia - Azerbaijan Intergovernmental Commission for Economic Cooperation will meet in Moscow to discuss a number of issues, Yuri Shedrin, Head of Russia's Trade Office in Azerbaijan, told.
18 April 2007 [09:28]
Azerbaijan State Economics University and Azerbaijan Auditors Chamber (AAC) will organize scientific-practical conference on "Role of Audit in Azerbaijani economy".
18 April 2007 [09:16]
Nowadays, Azerbaijan attracts more and more tourists from Japan, South Korea and China.
18 April 2007 [08:40]
April 18, with the support of the U.S. Agency for International Development (USAID), the Eurasia Foundation and the Foundation for Assistance to Entrepreneurship will launch a one-day roundtable on "Spending of Oil Revenues: Competition Policy or Industrial Policy" to promote transparency and efficient use of oil revenues.
EU acknowledges strategic significance of Baku International Sea Trade Port in Middle Corridor
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Azerbaijan's AccessBank joins UN Global Compact
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