Business
22 May 2007 [08:19]
On May 23, Azerbaijani-Germany Business Forum will be held in Ganja, a second largest city of Azerbaijan, said Frank Weizig, an official of German Ministry of Economics and Technology.
22 May 2007 [08:16]
Some low-quality alcoholic beverages are imported to Azerbaijan under the brand of famous high-quality drinks, the country's agriculture minister said.
22 May 2007 [08:14]
Parliament's social policy commission has made some additions and amendments to the 2007 budget blueprint of the Azerbaijan State Social Protection Fund.
22 May 2007 [08:12]
As per a presidential decree on governmental support for farmers, AZN 80 million has been earmarked from the state budget for selling fuel and lubricants (AZN 56 million) and fertilizers (AZN 24) to farmers at 50% discount.
22 May 2007 [08:11]
22 May 2007 [08:10]
Azerbaijan's Bank Standard has launched a unique Private Banking for VIP customers and opened a VIP office at 191, Tolstoy Street, Baku.
22 May 2007 [08:00]
Construction of suspension bridge is underway in Zagatala region of Azerbaijan.
22 May 2007 [07:33]
Some European energy experts believe that Russia's latest deals with Turkmenistan and Kazakhstan -- which could jeopardize Turkey's policy of becoming an energy route for Caspian oil and gas, bypassing the strategic and busy Bosporus and Dardanelles straits -- should be seen as a serious blow both to Turkey and the EU's aspirations to reduce reliance on Russian gas and energy.
21 May 2007 [17:30]
President Ilham Aliyev received Reinier Zwitserloot, Chairman of the Board of Executive Directors of the German company Wintershall, the country's largest crude oil and natural gas producer.
21 May 2007 [16:33]
The efforts to seek a manager and a legal consultant for the first issue and flotation of eurobonds in the international market have continued to progress, said Gunduz Mammadov, chair of the State Committee for Securities.
21 May 2007 [16:23]
Azerbaijan's State Committee for Securities has completed development of a bill on Investment Funds and submitted to a panel of international experts for review.
21 May 2007 [15:54]
Baku will host the14th International Caspian Oil and Gas Exhibition and Conference Incorporating Refining and Petrochemicals June 5-8.
21 May 2007 [15:03]
"Germany wants to import Azeri gas. The government of Germany intends to ensure its gas supply in diversified way, from different nations, including Caspian countries like Azerbaijan and Kazakhstan."
21 May 2007 [14:45]
A delegation of South Korean railway specialists will come to Baku on May 22, said Gurban Nazirov, an officer of Azerbaijan State Railway Company (ADDY).
21 May 2007 [14:33]
Supported by German-Azerbaijan Economic Development Assistance Union (DAWF), [Deutsch-Aserbaidschanische Wirtschaftsforderverein] Azerbaijan's Economic Development Ministry and Azerbaijan Export and Investment Foundation (AzPromo), a forum titled Azerbaijani-German Economy Days was held in Baku.
21 May 2007 [14:18]
Baku can start natural gas shipments to Turkey as soon as Ankara is capable of receiving them, Azerbaijan's energy and industry minister said Monday.
21 May 2007 [13:51]
IFC, BP and The Micro Finance Bank of Azerbaijan (MFBA) today announced the launch of the Supplier Finance Facility (SFF) in Azerbaijan.
21 May 2007 [12:33]
Avropa Gapilari Open Joint-Stock Company has been suspended for a month.
21 May 2007 [08:11]
The court hearing on suit of Barmek-Azerbaijan Electricity Distribution was held on May 18 in the International Centre for Settlement of Investment Disputes (ICSID).
21 May 2007 [08:10]
The European Bank for Reconstruction and Development (EBRD) is holding its annual meeting in Kazan city.
21 May 2007 [08:07]
Norway's Statoil Company is interested in the projects on cleaning of rivers in Azerbaijan.
21 May 2007 [08:05]
Azerbaijan's Finance Minister Samir Sahrifov left for Jordan on May 18 to attend the World Economic Forum in Amman.
19 May 2007 [10:26]
Ankara 16th Executive Court passed a verdict on arresting Azerbaijan's planes by the suit brought by EurAsia Company.
19 May 2007 [10:13]
For the first quarter of 2007, the amount of telecommunications services reached AZN 140.2 million in Azerbaijan, up 16.6% from the same period last year, Ali Abbasov, the country's Communications and Information Technologies Minister, told at the press conference.
19 May 2007 [10:12]
Farhad Amirbayov, director of Baku Interbank Currency Exchange (BICEX) visited Tbilisi Interbank Currency Exchange.
19 May 2007 [10:10]
People's Bank of Georgia is seeking a partner in Azerbaijan for money transfer.
19 May 2007 [10:06]
As of January 1, 1.131 million VISA International Payment System cards were issued in Azerbaijan.
19 May 2007 [10:05]
Azerbaijan should offer great concessions in regional innovation zones to be established, said Ali Abbasov, the country's Communications and Information Technologies Minister.
19 May 2007 [10:04]
Azerbaijan's Taxes Minister Fazil Mammadov met with the UN Resident Coordinator Bruno Pouezat.
19 May 2007 [10:03]
EBRD will further expand its investment operations in the South Caucasus nations, EBRD official Murtaz Kikoria told the 2nd Caucasus International Banking and Finance Conference in Tbilisi.
19 May 2007 [10:01]
Social Finance Department of Azerbaijan's Finance Ministry has released a report on activities from January 1 to May 10.
19 May 2007 [09:32]
In London the International Centre for Settlement of Investment Disputes (ICSID) will today have a preliminary sitting on the arbitration request filled by Barmek, which had a 25-year contract to distribute electricity in Azerbaijan, against the Government of Azerbaijan.
19 May 2007 [09:30]
Russia's Krasnoye Sormovo Shipyard and Palmali inked a deal aimed at building of one more tanker.
19 May 2007 [09:30]
Anil Agarwal-led metal giant Vedanta has been accused of illegal mining by Azerbaijan, prompting India to assure the government of the former Soviet republic of investigating the issue.
19 May 2007 [09:28]
Bank of Baku has established a branch in Yasamal district of Baku.
19 May 2007 [09:27]
The 46th meeting of the Railway Transport Council of the CIS and Baltic nations took place in Astana, Kazakhstan on May 17.
19 May 2007 [09:27]
The 1st Black Sea and 4th Silk Road Conference took place on 14-16 May 2007 in Istanbul.
19 May 2007 [09:09]
Evrosib Logistics included into Evrosib Group is going to enter the transport market in Azerbaijan, as it was informed.
19 May 2007 [08:52]
The World Bank said Friday it had allocated $17 million for Azerbaijan to create the largest national park in the south Caucasus.
18 May 2007 [22:30]
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) is a winner of the 2007 UN Public Service Award in the category of "Improving transparency, accountability and responsiveness in the Public Service".
18 May 2007 [22:19]
The State Oil Company of Azerbaijan (SOCAR) has today delivered a record of 14 million cubic meters of natural gas to the national grid.
18 May 2007 [15:27]
The 2nd Caucasus International Banking and Finance Conference today discussed a number of issues on prospects of developing banking and insurance services in the South Caucasus, cooperation and the present situation in Tbilisi.
18 May 2007 [14:05]
World Bank President Paul Wolfowitz resigns less than halfway through his five-year term amid a furor over securing a huge pay for his girlfriend and the U.S. reserves the power to choose a successor.
18 May 2007 [13:20]
Azerbaijani President Ilham Aliyev has issued a decree to approve the new composition of the supervisory board of State Oil Fund of Azerbaijan (SOFAZ).
18 May 2007 [08:35]
Azerbaijan's Industry and Energy Minister, Natig Aliyev, met with Mihail Lupoi, head of Romanian delegation to NATO Parliamentary Assembly, Vice President of Parliamentary Assembly.
18 May 2007 [08:34]
Rovnag Abdullayev, President of the State Oil Company of Azerbaijan, met with Mihail Lupoi, head of Romanian delegation to NATO Parliamentary Assembly, Vice President of Parliamentary Assembly.
18 May 2007 [08:14]
Azerbaijan Credit Bank lent 54 mortgage loans through the country.
18 May 2007 [08:12]
The National Bank of Azerbaijan has already installed currency shredding devices and granulators purchased from the Kusters Engineering to destroy old banknotes.
18 May 2007 [08:07]
Azerbaijan, Georgia, Kazakhstan, and Turkey will set up a consortium for information transit between the west and east.
18 May 2007 [07:56]
Azerbaijan's Absheron Insurance Company intends to raise its authorized capital 11.1% to AZN 800,000 by this year's end.
18 May 2007 [07:55]
Azerbaijan's UniBank has opened two new branches in Baku.
18 May 2007 [07:39]
When a south wind blows from the Caspian Sea towards the coastal village of Hovsan, 32 kilometers (20 miles) east of the Azerbaijani capital of Baku, hundreds of dead fish are washed ashore.
17 May 2007 [23:35]
International Bank of Azerbaijan-Georgia (IBA-Georgia) will be an intermediary in Baku-Tbilisi-Kars railway project to run from Azerbaijan to Turkey via Georgia.
17 May 2007 [23:21]
The project of organic honey production will be implemented in North-Eastern Anatolia where the Baku-Tbilisi-Ceyhan main export pipeline passes.
17 May 2007 [22:28]
March 20-21, the EBRD will host a conference bringing together the heads of Multilateral Development Banks, high-ranking government officials and senior corporate executives who will discuss concrete initiatives to combat climate change in a partnership between the public and private sectors, the EBRD Office in Baku told.
17 May 2007 [16:59]
Three men leaving City Hall's first job fair, which aims to match migrants with the city's desperate need for workers, at an Azeri cultural center on Wednesday.
17 May 2007 [16:53]
Construction of Baku-Tbilisi-Kars railway project will soon start in Turkey and the lands through which the railroad to run have been bought from people for some months.
17 May 2007 [16:38]
Azerbaijan is negotiating on transmission of its own broadcasts in Russia in exchange for ORT and RTR broadcasts in Azerbaijan, said Ali Abbasov, the country's communications and information technologies minister.
17 May 2007 [16:32]
The National Bank of Azerbaijan has detected 65 counterfeit bills during January April.
17 May 2007 [16:29]
The 2nd Caucasus International Banking and Finance Conference and Showcase have started in Tbilisi.
17 May 2007 [16:20]
"I agree with the decision passed by the Tariff Council. If the decision is passed, we have to fulfill it," said Ali Abbasov, Azerbaijan's Communications and Information Technologies Minister.
17 May 2007 [16:00]
"Azerbaijan and Norway have very common similarities. Norway was poor country in the past, but it succeeded to develop its economy later."
17 May 2007 [14:22]
The Tariff Council, State Price Regulator of Azerbaijan, has received a package of proposals to reconsider railway tariffs.
17 May 2007 [13:25]
Chef of Tariff Council, Economic Development Minister Heydar Babayev publicized the decision of the meeting held on May 14, 2007. Tariff Council made decision on four out of the 13 proposals. The others were returned for improving.
17 May 2007 [13:20]
International Bank of Azerbaijan has raised interest rates on deposits in national currency and dollar.
17 May 2007 [10:53]
Industrial production grew 36.6%, year-on-year, during January-April to AZN 6.1 billion in Azerbaijan, the State Statistical Committee told.
17 May 2007 [10:51]
The Caspian Sea Oil Navy has completed repair of Ali Amirov vessel.
17 May 2007 [10:48]
Debate of the education bill has been postponed till the parliament's autumn session, the parliament told.
17 May 2007 [10:08]
Azerbaijan-Iran joint venture Azer-Asia intends to shift its legal status to Open Joint Stock Company in June.
17 May 2007 [10:01]
As of April 1, International Bank of Azerbaijan's assets stood at AZN 1,821,146,948, up 47.3% from the same period last year.
17 May 2007 [09:54]
Economic Development Ministry's Antimonopoly State Service has unveiled irregularities in auto sales and service in Azerbaijan.
17 May 2007 [09:09]
State Committee on Managing Public Property organized trainings for its officers working in the cities and regions, the committee's press service told. The trainings will last till September.
17 May 2007 [09:04]
The IMF mission for functional overview of public debt management will visit Azerbaijan May 17.
17 May 2007 [00:13]
"Former BP representative in Azerbaijan Les Abraham’s revelations to the London Daily Mail has been significantly falsified by opposition press" ruling YAP deputy chairman, executive director Ali Ahmadov exclusively told.
16 May 2007 [22:29]
We are studying prospects of expansion of Heydar Aliyev International Airport cargo terminal, Jahangir Asgarov, Director General of Azerbaijan Airlines State Concern (AzAL), told the 2nd Caspian Air Cargo Summit under way in Baku.
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