Business
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.
04 September 2008 [16:02]
Iranian side is against laying pipelines by the Caspian floor, as it can "cause damage to the ecology of the sea", said Deputy Iranian Foreign Minister Mehti Safari, according to Novosti-Azerbaijan.
04 September 2008 [15:32]
The commodity turnover between Ukraine and Azerbaijan will reach $1 bln in the next few years, said Ukranian ambassador to Azerbaijan Boris Klimchik, according to Novosti-Azerbaijan.
04 September 2008 [12:43]
GDP growth rates will fall down to 5-6% from the current 15-16% until 2012, said editor-in-chief of the survey department of The Economist Magazine Anna Walker.
04 September 2008 [12:02]
Third Energy Summit will be held in Baku on November 14, Ukrainian Ambassador to Azerbaijan Boris Klimchuk said, APA reports.
04 September 2008 [09:30]
As of September 1, the National Bank of Azerbaijan’s official foreign exchange reserves reached $5.3 billion, up 32.4% on January 1.
04 September 2008 [09:17]
Azerbaijan Airlines (AzAL) is going to buy Green Liner-700 and Green Liner-708 passenger aircrafts.
03 September 2008 [17:26]
Representatives of the International Atomic Energy Agency arrived in Azerbaijan yesterday, said head of the Institute for Radiation Problems under the Azerbaijan National Academy of Science Adil Qaribov.
02 September 2008 [17:23]
One more French-made ATR will be delivered to Azerbaijan on September 10 under the agreement between Avions de Transport Regional and Azerbaijan State Airline (AzAL), the flag carrier of the country.
02 September 2008 [15:47]
It would have been more correct to speak of 30% inflation rate by results of 2008, rather than 22-23%, said Ilham Shaban, head of the Center of Oil Researches, speaking of the real unofficial level of inflation by results of 2008.
02 September 2008 [15:16]
New buses have been brought to Nakhchivan City, Azerbaijan.
02 September 2008 [11:19]
From September 1, Turkey has started carrying out extra border inspections of Russian goods in a mounting trade row that was seen as retaliatory move after Russia imposed non-tariff barriers against Turkish exports and restricted Turkish goods sent to Russia from some logistic centers in Europe.
02 September 2008 [10:07]
Inflation rate in Azerbaijan will make 22-23% in 2008, said deputy Economic Development Minister Sevinj Hasanova.
02 September 2008 [09:41]
The International Atomic Energy Agency (IAEA) will send a delegation to Azerbaijan on September 2, the IAEA coordinator for Azerbaijan Andrei Chupov told APA.
02 September 2008 [09:17]
Kulevi Oil Terminal in Georgia’s Black Sea shore has restarted full operation, said Nadir Azmammadov, Press Secretary of Azerbaijan State Railways Company (ADDY).
01 September 2008 [14:17]
On September 10, the Board of Directors of the Asian Development Bank is due to approve a $160 million loan for the Power Transmission Enhancement Project in Azerbaijan.
01 September 2008 [13:28]
The Employment Department of Azerbaijan’s Ministry of Labor and Social Protection will hold job fairs in six regions this week.
01 September 2008 [09:45]
Azerbaijan’s Ministry of Economic Development is going to establish business incubator in Baku as part of the industrial area project supported by the Korean Government.
01 September 2008 [09:41]
For the purpose of assistance to Sheki farmers in the sale of grain, the Azerbaijan's Economic Development Ministry arranged a meeting of local farmers with Turkish Fatoglu.
01 September 2008 [09:11]
The Ministry of Economic Development of Azerbaijan presented macroeconomic indicators for 2009 to the Ministry of Finance.
30 August 2008 [12:31]
30 August 2008 [10:53]
Seminar on "Strengthening of labor management in Azerbaijan, Kazakhstan, Georgia and Armenia" will be held in Turin (Italy) on September 22-26 under support of the International Labor Organization.
30 August 2008 [10:44]
Turkish Minister of Energy and Natural Resources Hilmi Guler will visit Azerbaijan, Turkmenistan and Iran.