Business
13 April 2007 [08:57]
Azerfon today connects ten thousands of people. By this year's end, the company is planning to get a powerful network with a capacity of one million customers, said the press service of Azerfon, the new GSM operator in Azerbaijan, which launched its commercial operation on March 21 with a unique brand - Nar Mobile.
13 April 2007 [08:49]
Azerbaijan's new GSM operator Azerfon, launched on March 21 with a unique brand- Nar Mobile, celebrated start of its business activity, Wednesday.
13 April 2007 [08:48]
13 April 2007 [08:47]
Thursday, Azerbaijan's senior deputy premier Yagub Eyyubov met with Russia's Kurgan province governor Oleg Alexeyevich Bogomolov.
13 April 2007 [08:47]
Azersu, State Water Supply Company, has announced a competition for construction and rehabilitation of water supply and sewerage network in 2007.
13 April 2007 [08:46]
Georgia is going to increase consumption gas prices on the domestic market after the initial discussion on April 16.
13 April 2007 [08:45]
Azerbaijan Accounting Chamber's (AAC) Report 2006 have been recently discussed in the meeting of the chamber and approved.
13 April 2007 [08:33]
President of State Oil Company of Azerbaijani Republic (SOCAR) Rovneg Abdullayev met with delegation headed by Gerhard Roiss, deputy chairman of Austria's OMV Oil Company.
13 April 2007 [08:31]
Azerbaijan's President Ilham Aliyev has approved the regulations for official registry of personal property and formation of single legislative framework.
13 April 2007 [08:30]
13 April 2007 [08:29]
The building materials market of Baku held relative stability in March and average price rise 0.45 higher than a month earlier and 21.8% higher from a year earlier.
13 April 2007 [08:27]
The negotiations with Oleg Bogomolov, Governor of Russian oblast Kurgan, can be estimated successful, Azerbaijan's Economic Development Minister Heydar Babayev told the journalists.
13 April 2007 [08:26]
Bank Standard has installed a touchscreen panel in the window of the head office for easy access to its website.
13 April 2007 [08:25]
28 May Oil and Gas Extraction Unit produced 972 million cubic meters of gas from Guneshli Field during the first quarter.
13 April 2007 [08:19]
The representatives of German tourist companies will visit Azerbaijan from April 15 till 22 and representatives Austrian tourism companies from April 15 till 19.
13 April 2007 [08:00]
Latvia and Switzerland are considering the opportunities to participate together in different projects implemented in the South Caucasus, Latvian Foreign Minister Artis Pabrics stated at the meeting with Swiss President Micheline Calmy-Rey in Riga.
13 April 2007 [00:35]
Former First Deputy Prime Minister of Azerbaijan Abbas Abbasov lives in Moscow at present and leads the Fund of Cooperation and Promotion of Entrepreneurship. He is engaged in large business activity.
12 April 2007 [11:04]
Azerbaijan Foreign Minister Elmar Mammadyarov on Wednesday conferred with Deputy Chairman of Damascus Chamber of Commerce Chassan al-Qalla on bilateral cooperation and means of developing and activating it, particularly in economy and trade.
12 April 2007 [10:59]
First Deputy Prime Minister Sergei Ivanov on Wednesday praised the imminent opening of a ferry route that will open up transportation links between Russia and Armenia.
12 April 2007 [10:57]
In keeping with its energy diversification strategy, Kazakshtan is taking steps to bolster its oil export capacity to the West via the Caspian Sea.
12 April 2007 [09:08]
Istanbul will host international Caspian Telecoms-2007 exhibition from April 12 to 13.
12 April 2007 [09:03]
Baku-Delhi-Baku direct flight will be restored soon.
12 April 2007 [09:02]
New power station is planned to be constructed in Fuzuli in the power of 20MVt.
12 April 2007 [09:00]
Conference was held on "Special economic zones: formalization and development aspects" in Baku.
12 April 2007 [08:57]
India offered Azerbaijan to establish joint venture in oil and gas sector, visiting Indian Minister of State for Commerce, Shri Jairam Ramesh said in Baku.
12 April 2007 [08:54]
Turkish mission met with Azerbaijani businessmen in the frame of their business visit to Azerbaijan.
12 April 2007 [08:53]
Azerbaijan shows great interest in cooperation with Indian companies in development ICT sector, said the country’s economic development minister Heydar Babayev.
12 April 2007 [07:49]
Azerbaijan's Taxes Ministry has studied taxation policy of the developed countries in order to apply before-tested favorable taxes on the free economic zones to be created in Azerbaijan.
12 April 2007 [07:46]
Paris Court has passed a decision that FimBank has to fulfill the 10 November verdict in favor of Azerbaijan by April 26.
11 April 2007 [23:06]
It is expedient for Azerbaijan to repay the debts owed to the international financial institutions ahead of schedule, the Cabinet’s Financial Policy Officer Ogtay Hagverdiyev told.
11 April 2007 [16:32]
India will probe the issue with its company that is engaged in illegal exploitation of gold in Azeri territories occupied by Armenia, said Indian Minister of State for Commerce Shri Jairam Ramesh in Baku.
11 April 2007 [16:28]
Azerbaijan's State Veterinary Service will finish the next monitoring of bird flu in the country by the end of the week.
11 April 2007 [16:16]
Economic Development Ministry and State Veterinary Service confirmed the fact on sale of low-quality buffalo meat in Azerbaijan's markets brought from India. Indian government has already reacted to the case.
11 April 2007 [15:02]
Azerbaijan intends to complete privatization of telecom structures by late 2008, the Deputy Minister of Communications and Information Technologies Iltimas Mammadov told.
11 April 2007 [14:35]
Azerbaijan will have inflation in double figures for 2007 as we have seen consumer prices index at 16.6% during the first quarter of this year, claimed the Cabinet's Financial Policy Officer Ogtay Hagverdiyev.
11 April 2007 [14:06]
Washington supports the construction of the South Caucasus gas pipeline, US Assistant Secretary of State Richard Boucher stated.
11 April 2007 [12:03]
VioleT napkins sold in Khachmaz markets caused discontent of residents.
11 April 2007 [11:21]
Azerbaijan's Transport Ministry has approved of South Korean Company's technical draft for creation of Intellectual Traffic Control System in Baku.
11 April 2007 [09:42]
Azerbaijani businessmen will pay business visit to China from May 8 to 14. The visit will be organized by China Building Materials Industry Association and Azerbaijani Entrepreneurs Confederation (AEC).
11 April 2007 [09:40]
As expected, oil products were most sold in Baku and least in the settlement of Horadiz, Fuzuli in March.
11 April 2007 [09:36]
Azerigas, State Gas Company of Azerbaijan, has suspended to export natural gas to Georgia via the old pipeline.
11 April 2007 [09:36]
Azerbaijan International Operating Company (AIOC) produced a total of 8,227,000 tons of oil from Azeri-Chirag-Guneshli field during the first quarter of the year, 76.6% higher than the same period last year.
11 April 2007 [09:34]
Azerbaijani government and Japanese Mitsubishi Corporation signed Memorandum of Understanding on "Application of Clean Development Mechanisms on utilization of methane in Baku dumps" project.
11 April 2007 [09:33]
Baku Steel Company (BSC) has not reduced 200 employees. BSC official for press service Namig Ahmadov told that the workers were fired after handing in their notice.
11 April 2007 [09:32]
Ganja City Gas Supply Office applied to law-enforcement bodies on its 7 employees in the first 3 years of the year.
11 April 2007 [09:29]
Three-year development plan of Azerbaijani Accounting Chamber is being worked out.
11 April 2007 [09:27]
SOCAR President Rovnag Abdullayev has today met with Shell Vice-President and Shell-Azerbaijan General Manager.
11 April 2007 [09:23]
Kazakhstan's Bank TuranAlem (BTA) intends to penetrate Azerbaijan's banking market.
11 April 2007 [08:57]
Azerbaijan's fixed asset investments for the first quarter totaled AZN 1.18 billion, including AZN 592 million in construction.
11 April 2007 [08:56]
Azerbaijan's President Ilham Aliyev received Akkan Suver, head of Turkey's Marmara Group.
11 April 2007 [08:56]
The price of crude oil fell below $62 a barrel Monday on a supply glut at a key North American delivery point as geopolitical tensions loomed.
11 April 2007 [08:53]
Today business forum was held on "Prospects of economy and agriculture development in Guba-Khachmaz economic region" in Nugedi village of Azerbaijani region of Guba.
11 April 2007 [08:50]
The biggest gas powers coming together on Monday in Doha took a step toward formation of an OPEC-like group for gas, but sought to reassure consumer nations it was business as usual for now.
11 April 2007 [08:44]
Plans for a southern European oil pipeline to take Caspian oil from the Black Sea to the Adriatic have taken a step forward, but NBCentralAsia observers say the project could be a risky venture because there is no guaranteed source of oil for it.
10 April 2007 [16:42]
Transport Ministry has worked out the regulations for the Baku-Tbilisi-Kars Railway Project Coordination Board and Management Board.
10 April 2007 [15:56]
Marlen Asgarov, the Vice-President of Azerenergy, Azerbaijan’s State Electricity Company, has led a delegation to Moscow to have discussion on electricity imports and exports between the two nations.
10 April 2007 [09:04]
AtaBank increased its assets during the first quarter 1.3% to AZN 63,462,700, as of April 1.
10 April 2007 [09:03]
Bank Standard intends to raise its authorized capital during the second quarter of the year.
10 April 2007 [09:00]
The 7th edition of the "Marketing: first step" book by the giants of marketing Garry Armstrong and Philippe Cutlery is translated into Azerbaijani for the first time by Azerbaijan Marketing Society (AMS).
10 April 2007 [08:54]
"Main dimensions of pharmaceutical policy" meeting was held in Health Ministry with participation of Ogtay Shiraliyev.
10 April 2007 [08:46]
Turkey hosted the second meeting of Economic Cooperation Organization (ECO) Finance and Economy Ministers.
10 April 2007 [08:44]
Azerbaijan produced 747,040 metric tons of oil against the target of 747,450 metric tons during March.
10 April 2007 [08:27]
YAP (New Azerbaijan Party) Youth Union will organize international conference on "Energy security in Euro-Atlantic arena".
10 April 2007 [08:20]
Russia will resume full electricity supplies to Azerbaijan starting May 1, the head of the Russian electricity monopoly Unified Energy System's subsidiary said Monday.
09 April 2007 [23:42]
Iran's President Mahmoud Ahmadinejad announced Iran started industrial scale nuclear fuel production.
09 April 2007 [23:02]
The USA Today published a range of articles about Azerbaijan. The supplement produced by the United World Ltd. presents facts and figures on Azerbaijan, economic development and implementation of oil strategy in the country, Heydar Aliyev Baku-Tbilisi-Ceyhan major export pipeline and interviews with representatives of the governmental agencies and private sector.
09 April 2007 [16:05]
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 in the second half of the day.
09 April 2007 [15:59]
Azerbaijan's state budget will be reviewed in May, Azerbaijani President Ilham Aliyev said.
09 April 2007 [15:57]
Azerbaijan's Communications and Information Technologies Minister Ali Abbasov will be visiting Thailand and Vietnam from April 9 through 14.
09 April 2007 [15:05]
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.
09 April 2007 [14:43]
Azerbaijani trade rose 28.1% in the first two months of this year, with a 10.7% increase in exports and a 44.2% rise in imports, the local state statistics committee was quoted as saying Monday.
09 April 2007 [14:13]
Azerbaijan's Bank Standard is negotiating with several international financial institutions on opening of credit lines.
09 April 2007 [14:06]
German chemical maker and the world giant BASF AG has started its first Caspian region-based subsidiary in Sumgait, an industrial town of Azerbaijan.
09 April 2007 [12:26]
Azerbaijan boosted gas production 35.3% year-on-year in the first quarter of 2007 to 2.239 billion cubic meters.
08 April 2007 [19:02]
India's Minister of State for Commerce, Shri Jairam Ramesh is leading a multi-sectoral Indian delegation to Azerbaijan from April 10-12, 2007 to boost bilateral economic relationships covering both investment and trade.
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