Business
10 October 2008 [12:12]
Oil output is expected to drop to nearly 45 - 50 million tonnes in 2018 after a peak of production, State Oil Company of Azerbaijan said.
10 October 2008 [10:27]
Day.Az interview with Romanian ambassador extraordinary and plenipotentiary to Azerbaijan Nikolae Ureke.
10 October 2008 [09:23]
10 October 2008 [09:00]
President of Azerbaijan Ilham Aliyev attended a commissioning ceremony for a new oil tanker bearing the name of Jabbar Hashimov at the Baku Sea Port on Thursday.
09 October 2008 [17:12]
Prospects of cooperation in the sphere of information and communication technologies between Azerbaijan and Finland were discussed in Baku today.
09 October 2008 [16:42]
An enterprise on production of iodine sale in Azerbaijan will be commissioned in the 3rd quarter of 2009, said chairman of the department for business and investment management of Azersun Holding Mehran Mamedov.
09 October 2008 [15:30]
Azersun Holding has started construction of a new paper wastes processing plant in Sumgayit.
09 October 2008 [15:02]
The Korean railway delegation, led by general manager of the authorized railway body of Korea Yon Hae Sin arrived in Azerbaijan today, said spokesman for Azerbaijan State Railway Company Nadir Azamamedov.
09 October 2008 [14:19]
President of Azerbaijan Ilham Aliyev received a delegation, led by Finland's Minister of External Trade and Development Paavo Vajrinen, reports Day.Az with reference to the official website of the President of Azerbaijan.
09 October 2008 [14:05]
The commission of international tender for development of the design concept of the Azerbaijan Oil Museum held itsd last session.
09 October 2008 [10:16]
Ilham Shaban, chief of the Center of Oil Researches, considers that the global financial crisis will have a negative impact on the main economic projects of Azerbaijan, connected with production and transportation of oil.
09 October 2008 [09:56]
The World Economic Forum has released the Global Competitiveness Report for 2008-2009.
09 October 2008 [09:44]
Azerbaijan Export and Investments Promotion Foundation voiced interest in opening a representative office in Turkmenistan.
09 October 2008 [09:38]
Azerbaijan Export and Investment Promotion Foundation received an invitation to hold a seminar on country's investment opportunities in Italy.
09 October 2008 [09:08]
Day.Az interview with ambassador extraordinary and plenipotentiary of Poland to Azerbaijan Kshishtov Krayevski.
08 October 2008 [16:13]
Inflation rate will range between 12-14% in Azerbaijan in 2009, according to the forecasts of the Economic Development Minister, said Economic Development Minister Heydar Babayev.
08 October 2008 [16:01]
Azerbaijani Ministry of Economic Development has prepared and introduced to the presidential administration proposals on investing abroad by the Azerbaijan Investment Company, said Azerbaijani Economic Development Minister and head of AIC observation council Heydar Babayev.
08 October 2008 [15:42]
A tender on development of detailed projection has been declared in the framework of the project of construction of an international trade seaport in Alyat settlement, said Azerbaijani deputy transport minister Musa Panakhov.
08 October 2008 [14:32]
Azerbaijan does not intend to change the state budget forecasts about the oil prices due to their decline on the world markets, said Azerbaijani Economic Development Minister Heydar Babayev.
08 October 2008 [13:56]
08 October 2008 [13:31]
The global financial crisis will not affect the economy of Azerbaijan greatly, said Minister of External Trade and Development of Finland Paavo Vajrinen in Baku.
08 October 2008 [09:03]
07 October 2008 [17:06]
The cost of the waste incineration plant construction project in Azerbaijan will be raised up to EUR 408,280,000, said a source in the government, according to which the increase will include VAT to be reflected in the contract with the project operator - French CNIM.
07 October 2008 [16:51]
07 October 2008 [16:19]
The Economic Development Ministry has prolonged the agreement with Korean KEPCO about the construction of a private electric station in Azerbaijan of a capacity of 818 MW until June of 2009, said chief of department of foreign investment and coordination of technical assistance Asker Alekperov.
07 October 2008 [15:58]
07 October 2008 [15:10]
Baku is hosting the Azerbaijani-Russian-Iranian meeting of the working groups, engaged in the implementation of the North-South international transport corridor, said spokesman of the Azerbaijan State Railway Company Nadir Azmamedov.
07 October 2008 [14:53]
The Central Food Laboratory of the Consumer Market Oversight Service under Azerbaijan's Economic Development Ministry will be launched in 2010, said acting head of the service Aslan Jafarov.
07 October 2008 [14:30]
The Azerbaijan Investment Company and Kaztransservis (Azersun Holding) are planning to alter the schedule of raising the capacity of the Sangachal-Garadagh terminal, said AIC chief executive Anar Akhundov.
07 October 2008 [12:30]
Baku will host several business forum with Romania, Sweden, Cuba and Mexico in late October-early November, said chief executive of the Azerbaijan Export and Investments Promotion Foundation (AZPROMO) Emil Mejidov.
07 October 2008 [11:46]
07 October 2008 [11:06]
This winter the population of Baku will have problems with water supply.
07 October 2008 [10:47]
06 October 2008 [17:51]
The Azerbaijan-Turkey enterprise Sheki Agro Industries opens in Sheki region of Azerbaijan.
06 October 2008 [14:56]
As of September 1 of this year money supply made AZN 5,365,100,000 in Azerbaijan.
06 October 2008 [14:44]
As of September 1 of this year the overall volume of credit investments in Azerbaijani economy made up AZN 6,450,000,000.
06 October 2008 [14:06]
The monetary reserves of the National Bank of Azerbaijan have grown $1,423,400,000 (35.4%) as compared to earlier this year.
06 October 2008 [10:58]
Shaban Guliyev has been appointed a new chief of the Azerbaijani representation of Russian Maritime Registry of Shipping (RS), said the press service for RS.
04 October 2008 [12:59]
12 new electric stations have been launched in Baku, said spokesman for Bakielektrikshebeke Tanriverdi Mustafayev.
04 October 2008 [12:38]
Construction of the bridge in Babak Avenue of Baku City has been stopped, APA-ECONOMICS reports.
04 October 2008 [10:09]
04 October 2008 [09:09]
The optical cable network building to a number of regions in Azerbaijan has continued to progress and is slated for completion by October 15, said Iltimas Mammadov, Azerbaijan’s Deputy Minister of Communications and Information Technologies.
03 October 2008 [15:19]
The SOCAR Department of Marketing and Economic Operations exported 82,832 tons of oil by the Baku-Novorossiysk pipeline in September of 2008.
02 October 2008 [11:41]
27 September 2008 [16:13]
This year the expected receipts of the country's economy from the tourism sector must exceed a billion of dollars, said Azerbaijani Minister of Culture and Tourism Abulfaz Garayev.
27 September 2008 [15:14]
The date of the first flight by the Baku-Lenkoran route has been put off again.
26 September 2008 [15:40]
The Azerbaijani government and International Bank for Reconstruction and Development (WB) have signed a credit agreement on the project of "Accounting in budget and corporate sector" (CAP/SAP) in Baku today.
26 September 2008 [15:10]
Baku will host the Azerbaijan-Russia-Iran meeting of the work groups, engaged in the project of international transport corridor North-South on October 7-8, said spokesman for the Azerbaijan State Railway Company Nadir Azmamedov.
26 September 2008 [14:34]
Deputy chief of the US department of commerce Paul Dick declared opening of the services office of the department in Azerbaijan.
26 September 2008 [14:21]
The parallel supplies of electric power between Azerbaijan and Georgia have not been ceased, said vice president of Azerenerji Marlen Askerov.
26 September 2008 [11:55]
The Cuba-Azerbaijan business forum will be held in November.
26 September 2008 [11:37]
The international conference on "Microinsurance integration into financial system - issues of regulation, control and policy", organized by the Financial Stability Institute, was held in Bazel (Switzerland) on September 16-18.
26 September 2008 [11:00]
Delegates from Turkey, Russia, Kuwait, Jordan and Lithuania participating at Azerbaijani Women’s III Congress attended Heydar Aliyev Foundation, reports Day.Az with reference to ANS-Press.
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.
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