Business
26 December 2007 [12:18]
The Tariff Council of Azerbaijan (State Price Regulator) has reconsidered proposals on domestic airfares, prices of transportation and storage of radioactive substances, and customs laboratory examination.
26 December 2007 [12:07]
The law "On Insurance Activities" was adopted at the plenary session of Azerbaijani parliament.
26 December 2007 [11:44]
The Azerbaijan-Egypt business forum is planned to be held in Baku on December 27, as reported by the press service of the Azerbaijan Export and Investments Encouragement Fund (AZPROMO).
26 December 2007 [10:57]
Inflation rate will near 12% in Azerbaijan in 2008, as reported by Elman Rustamov, chairman of the Directors' Board of the National Bank of Azerbaijan.
26 December 2007 [10:42]
Azerbaijan plans to make significant improvements in the mortgage lending mechanism next year, Elman Rustamov, Chairman of the Directors' Board of the National Bank of Azerbaijan, said.
25 December 2007 [17:43]
The Commission on Extractive Industries Transparency Initiative (EITI) in cooperation with the Coalition of Intergovernmental Organizations on EITI and oil companies, operating in Azerbaijan, has issued the seventh report of Azerbaijan on EITI.
25 December 2007 [17:22]
The first footbridge will open at Heydar Aliyev Avenue in Baku in a few days.
25 December 2007 [17:03]
Today's session of the parliament discussed electricity supply to the population, and its debts.
25 December 2007 [16:30]
The third congress of credit unions of Eastern Europe will be held in Baku in Autumn of 2009.
25 December 2007 [15:13]
Azerbaijan will adopt a strategy of the development of agro-industrial complex in the near future, sources from the Azerbaijani Ministry of Agriculture reported.
25 December 2007 [15:04]
Confederation of Entrepreneurs of Azerbaijan has received a letter from Afro American Services Group Morocco (AAS-Group) company, operating in Morocco.
25 December 2007 [14:54]
A regular session of the Azerbaijan-Japan intergovernmental commission will be held in Tokyo in February of 2008, as reported by Japanese Ambassador to Azerbaijan Masamutsi Oki.
25 December 2007 [14:43]
Agreements on implementation of two projects in Azerbaijan, estimated at $172,205, were signed in the residence of Japanese Ambassador to Azerbaijan Masamutsi Oki Tuesday.
25 December 2007 [13:39]
Import of Iranian poultry products has been banned in Azerbaijan due to the detection of avian flu virus in Iran.
24 December 2007 [18:01]
Rolls-Royce and BP-Azerbaijan have signed a contract on ?120 million, sources from Rolls-Royce reported.
24 December 2007 [17:52]
"I think cost of calls over cell phones will decline in 2008", Minister of Communication and Informational Technologies of Azerbaijan Ali Abbasov told reporters.
24 December 2007 [16:08]
"We do not intend to appeal to the Tariff Council for raising underground fare in 2008", chief of the Baku Metro Tagi Akhmedov told reporters.
24 December 2007 [14:41]
The UN International Atomic Energy Agency (IAEA) is ready to support Azerbaijan in the construction of the first research nuclear reactor, as reported by Adil Garibov, head of the Institute for Radiation Problems under the National Academy of Science.
24 December 2007 [14:00]
The International Bank of Azerbaijan (IBA) has obtained a license for opening representations in Dubai and Luxembourg.
24 December 2007 [13:44]
24 December 2007 [13:33]
Direct flights between Azerbaijan and Jordan will open on April 1, as reported by Azerbaijani Ambassador Extraordinary and Plenipotentiary to Jordan Elman Arasli.
24 December 2007 [13:28]
38.8 million tons of goods and 148.9 million passengers were transported by Azeri section of the TRACECA Corridor in January-October.
24 December 2007 [11:25]
Azerbaijani President Ilham Aliyev has started his visit to the Ali Bayramli region.
24 December 2007 [11:18]
Agreements on implementation of two projects in Azerbaijan are to be signed in the residence of Japanese Ambassador to Azerbaijan Masamutsi Oki on December 24, as reported by the press service for the Japanese Embassy.
20 December 2007 [16:12]
According to the International Telecommunications Union, the average cost of a three minute local telephone call over was the highest in Ecuador-$0.60 per minute in 2006.
20 December 2007 [15:13]
20 December 2007 [12:42]
Ecological situation is unsatisfactory in Azerbaijan’s lands occupied by Armenia, said Azerbaijan’s Minister of Ecology Huseyn Baghirov.
19 December 2007 [19:11]
Azerbaijan's industrial production and services made up 17.4 billion AZN in January-November of 2007, which is a 24.7% rise as compared to the same period of 2006, according to the State Statistical Committee.
19 December 2007 [18:54]
Korea has allocated a grant of $50,000 to finance a part of a project to be implemented in the framework of the Fund of postal system improvement in Azerbaijan.
19 December 2007 [18:36]
The number of facts, connected with illegal registration of lands, reached 1600 in 2007, according to the chairman of the State Committee for Land and Cartography of Azerbaijan Gariv Mamedov.
19 December 2007 [17:58]
The Ministry of Labor and Social Protection of the Population of Azerbaijan has introduced a draft law "On compulsory accident insurance", relying on the global practice, to the Cabinet of Ministers.
19 December 2007 [17:04]
The Center of Social and Economic Development held a presentation of a report on effective use of assets of the State Oil Fund of Azerbaijan in Baku Wednesday.
19 December 2007 [14:24]
Jewels have always been considered the best present on the East, therefore, the prices of gold were expected to rise in Baku.
19 December 2007 [13:44]
Azerbaijan’s President Ilham Aliyev has today joined an opening ceremony of a road bridge at the intersection of Ali Mustafayev and Javad Khan Streets in Baku.
19 December 2007 [12:59]
19 December 2007 [12:30]
As part of his visit to Oman, Azerbaijan's Deputy Foreign Minister Khalaf Khalafov met with Undersecretary of the country`s Tourism Ministry Mohammed bin Hamoud Al Tobi to discuss tourism relations between the two countries.
19 December 2007 [12:29]
19 December 2007 [11:24]
Oman and Azerbaijan held a round of political consultations on Monday with the Sultanate's side led by Sayyid Badr bin Hamad Al Busaidi, Secretary-General of the Foreign Ministry, and the Azerbaijani delegation by Deputy Foreign Minister Khalaf Ali Khalafov.
18 December 2007 [17:50]
The World Bank has compared consumer prices in 146 countries of the world.
18 December 2007 [16:32]
The government of Azerbaijan is examining proposals to construct a toll road from Baku to Georgia border (Trans-Azerbaijan National Express Way).
18 December 2007 [13:30]
1,692 foreigners have legalized their jobs in Azerbaijan, Rauf Tagiyev, Migration Officer of Azerbaijan’s Ministry of Labor and Social Protection said.
17 December 2007 [18:08]
The monetary reserves of the National Bank of Azerbaijan have risen $ 82.4 million or by 2.44% through a period from December 6 until December 13.
17 December 2007 [13:28]
The next year will not bring rise in prices of utilities, as reported by a high-ranking official from the Azerbaijani government.
17 December 2007 [13:20]
Azerbaijani President Ilham Aliyev received the vice president of BP Andrew Inglis.
17 December 2007 [11:41]
The visit of a delegation from Egypt to Azerbaijan is scheduled from December 25 until December 30.
17 December 2007 [10:43]
Azerbaijan is interested in Nabucco pipeline as it will open up additional opportunities for delivering gas from the Shahdeniz field to the European markets, the country`s Ministry of Industry and Energy said.
15 December 2007 [14:40]
The first forum on leadership in global infrastructure, recently held in New York (United States), aroused great interest among foreign investors.
15 December 2007 [14:05]
Several embassies, accredited in our country, evade taxes of their officials, who are the citizens of Azerbaijan, thus violating the country's legislation.
15 December 2007 [12:58]
New rules on transport means have been applied in the Nakhchivan Autonomous Republic (NAR).
15 December 2007 [12:45]
The shadow economy nears 15-16% in Azerbaijan, as reported by the chairman of the State Statistical Committee of Azerbaijan Arif Veliyev.
15 December 2007 [12:22]
An Italian delegation, led by the Italian Minister of External Trade Emma Bonino, is to arrive in Baku in late January-early February, 2008.
15 December 2007 [12:12]
The Asian Development Bank (ADB) and International Bank of Azerbaijan (IBA) have signed a $20 million subordinate loan agreement on December 14.
15 December 2007 [11:07]
15 December 2007 [10:56]
Azerbaijan has imported 55,758 passenger cars through 11 months of 2007.
15 December 2007 [10:16]
At present Azerbaijan does not have great problems with unemployment, as reported by the Azerbaijani Minister of Labor and Social Protection Fizuli Alekperov.
14 December 2007 [17:58]
Investments into the construction sector of Azerbaijan have made up 5,700,000,000 AZN through 11 months of 2007, which is a 17% rise as compared to 2006.
14 December 2007 [17:06]
Statistics shows rise in manufacture of production, which has previously been imported to Azerbaijan, as reported by the chairman of the state statistical committee of Azerbaijan Arif Veliyev.
14 December 2007 [16:50]
Since the beginning of the year, Azerbaijan has produced 38,100,000 tons of oil, which is over 30% rise as compared to 2006.
14 December 2007 [14:34]
South Korean builders are poised to ride on the latest oil boom to seek opportunities in Azerbaijan.
14 December 2007 [14:03]
The trade turnover between Azerbaijan and Korea has reached $100,000,000 this year.
14 December 2007 [12:32]
Kazakhstan doesn’t rush to pump its oil through the Baku-Tbilisi-Ceyhan Pipeline, Kazakh President Nursultan Nazarbayev told a joint conference with his Turkish counterpart Abdullah Gul.
14 December 2007 [11:03]
A delegation from the Transport Ministry of Azerbaijan will take part in the first annual leading global infrastructural forum in New York.
13 December 2007 [17:25]
The Citibank (United States) may be licensed for opening its representation in Azerbaijan by the end of the year.
13 December 2007 [15:14]
The Economic Research Center forecasts the rise in prices in Azerbaijan in late December.
13 December 2007 [14:35]
According to experts of the Economic Research Center, the State Statistical Committee of Azerbaijan deliberately uses imperfect methods of statistical research to declare information on country's economic growth which would please the government.
13 December 2007 [11:44]
The Netherlands Development Finance Company (FMO) has acquired 10% stocks in AzerDemiryolBank.
13 December 2007 [11:26]
Import of poultry products from Russia to Azerbaijan is banned temporarily, as reported by the deputy chief of the State Veterinary Service, Emin Shahbazov.
13 December 2007 [10:18]
A delegation comprising the representatives of Italian companies is to arrive in Baku in mid January of 2008 to discuss prospects of cooperation with Azerbaijani partners.
12 December 2007 [18:02]
The average annual inflation rate in Azerbaijan is forecasted to be 17-18% in 2007.
12 December 2007 [15:43]
Belarus parliamentarians have ratified an intergovernmental agreement on working activity and social protection of citizens of Belarus and Azerbaijan, temporary working on the territories of both countries.
12 December 2007 [14:53]
1692 foreign citizens, engaged in the economic sector, have been officially registered in Azerbaijan this year, as reported by the press service of the Ministry of Labor and Social Protection.
12 December 2007 [14:38]
The execution of the agreement on cooperation between Azerbaijan Investment Company and the Kuwait Financial House (KFH) will take more time, than it has previously been supposed, as reported by the chief executive of the Azerbaijan Investment Company Anar Akhundov.
12 December 2007 [13:38]
World Bank will assign $100,000,000 for the implementation of the first stage of the project of reclamation of oil polluted lands in Absheron, as reported by the WB vice president on Europe and Central Asia Shigeo Katsu.
12 December 2007 [13:22]
The turnover between the GUAM member-states have totaled $3,000,000,000 through 11 months of 2007, which is a $ 1,000,000,000 rise as compared to the previous year.
12 December 2007 [11:35]
Azerbaijan will not receive lax credits of the World Bank beginning from mid 2008.
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