Business
08 April 2007 [11:43]
Islamic Development Bank will present proposals on establishing Islamic Investment Fund in Azerbaijan to Economic Development Ministry, Deputy Economic Development Minister Mikayil Jabbarov told journalists.
08 April 2007 [11:42]
Commission on establishing special economic zones in Azerbaijan has been set up in Economic Development Ministry, Deputy Economic Development Minister Mikayil Jabbarov told journalists.
08 April 2007 [11:40]
Barmek Azerbaijan Electricity Distribution LLC's claim for compensation worth $500 million in International Center for Settlement of Investment disputes (ICSID) has no legal base, Deputy Minister of Economic Development Mikayil Jabbarov told journalists.
08 April 2007 [11:34]
Forum on "Management and Best Practice on Corporate Management" was in Baku by Azerbaijan Bank Training Center (ABTC), AzPromo, International Financial Corporation Azerbaijan Corporate Management Project and Japan International Cooperation Association (JICA).
08 April 2007 [11:33]
Azerbaijan’s Emergencies Minister, General Colonel Kamaladdin Heydarov received Franz Heinzmann, director of German Agency for Technical Cooperation (GTZ) Baku office.
08 April 2007 [11:19]
The building of the new railway between Armenia and Iran will cost $1 bln, Armenia's acting Transport and Communication Minister Andranik Manukian said.
07 April 2007 [11:39]
Airports being constructed in Shaki and Zagatala will be commissioned by the year-end, deputy general director of AzAl State Concern Etibar Huseynov told journalists.
07 April 2007 [11:36]
Price Waterhouse Coopers international auditor has completed independent audit in Azerbaijan's Bank Standard.
07 April 2007 [11:32]
Direct flights are expected to be opened from Ganja city of Azerbaijan to St. Petersburg and Dubai, Beyler Najafov, director of Ganja International Airport told journalists.
07 April 2007 [11:30]
Azerbaijani State Agency for Standardization, Metrology and Patents holds negotiations with US and European countries on devices to test meters and controllers.
07 April 2007 [11:26]
The State Oil Company of Azerbaijan (SOCAR) produced 2.191 million metric tons of oil (16 million bbl) in January-March, a 1.1% decline year-on-year, the company said Friday.
07 April 2007 [11:17]
The next meeting of Coordination Council established in Azerbaijan's Industry and Energy Ministry for implementation of State Program on use of alternative and restorable energy sources was held.
07 April 2007 [11:14]
As at January-February, the volume of cargo transportations of Azerbaijan's industrial enterprises increased by 2.1%.
07 April 2007 [11:13]
Azerbaijan exported goods worth $59.8 million to the Commonwealth of Independent States and imported goods worth $167.1 million with a trade gap of $107.3 million.
07 April 2007 [11:12]
Baku Stock Exchange will hold an auction for placement of T-bills with registration number 10301115S on April 10.
07 April 2007 [11:11]
State Agency for Standardization, Metrology and Patents has closed three more bakeries in Baku.
07 April 2007 [11:10]
The US and Azerbaijani governments will organize seminar on production of construction materials of earthquake-proof and less energy intensity.
07 April 2007 [11:04]
Construction of the 300MWe multi-fuelled power plant will start in May, Azerenergy Vice-President Marlen Asgarov told.
07 April 2007 [11:02]
Russian FORS Development Center LLC and Azerbaijani MBASK Insurance Company have concluded contract on exportation and implementation of INSIS solution (FADATA Insurance package) on the basis of Oracle technologies. The contract costs $500 000.
06 April 2007 [22:59]
Azerbaijan's air park will be renewed, proper agreements have already been concluded for buying Airbus and ATR airplanes, Azerbaijan Airlines (AzAL) State Concern's deputy director-general Etibar Huseynov told journalists.
06 April 2007 [16:02]
Azerbaijan State Agency for Standardization, Metrology and Patents intends to establish a Standard Center in Baku.
06 April 2007 [15:58]
"Azerbaijan does everything to bring its products in line with international standard as it is a member of the International Organization for Standardization."
06 April 2007 [14:17]
The results of a survey to examine the implementation of the corporate governance practices by Azerbaijan's banks, firms, joint-stock companies, were released.
06 April 2007 [14:13]
Pakistan's Minister for Privatization and Investment Zahid Hamid will visit Azerbaijan in late April.
06 April 2007 [13:18]
There were relatively steady trends in Baku real estate market in March.
06 April 2007 [13:15]
The 3rd Azerbaijan-Latvia business forum will be held in the hotel “Park Inn” in Baku on April 17, 2007.
06 April 2007 [08:50]
Azerbaijan's Telecommunications and Information Technologies Minister Ali Abbasov said trade between the two countries is not satisfactory.
06 April 2007 [08:33]
Press conference has been held today on "expansion of transparency initiatives in municipal budgets" project in Economic Researches Center (ERC).
06 April 2007 [08:32]
Batumi or Aktau will host the meeting of TRACECA Member States' railway, shipping companies, port chiefs, representatives of customs and expeditor companies in the frame of TRACECA Intergovernmental Commission in June-July.
06 April 2007 [08:31]
Azerbaijan Airlines (AzAL) will add Saturday to Baku-Kiev-Baku flights schedule from May 19.
06 April 2007 [08:29]
The task force set by Sumgait Electricity Networks has received some 50 complaints from customers. The task force is processing the applications.
06 April 2007 [08:28]
Bakuelektriksebeke OJSC decided to organize extension courses in Educational Center in order to implement development program of the company.
06 April 2007 [08:27]
Khalg Bank offers services to customers of 26 bank organizations operating in Azerbaijan for receipt of payments for the services provided by the new GSM operator Nar Mobile (Azerfon).
06 April 2007 [08:15]
As at April 1, Azer-Turk Bank raised its assets to AZN 28,736,868, up 49% from the same period last year.
06 April 2007 [08:14]
A-Group Insurance Company collected AZN 4,959,982.18 in premiums last year with a 25.3% year-over-year rise.
06 April 2007 [08:12]
Georgia's Prime Minister Zurab Nogaideli told the journalists that in the frame of his visit to Baku, Georgia came to agreement to export electric energy to Azerbaijan.
06 April 2007 [08:11]
Sumgait Electricity Networks has cut off power supply to over 20,000 defaulting customers.
06 April 2007 [08:10]
The Shah Deniz gas and condensate field, the giant one in the Azerbaijani sector of the Caspian, will not meet the target of 5.8 billion cubic meters of output planned for 2007 because of technical failure in well SDA-01.
06 April 2007 [08:07]
Azerbaijan's leading mobile operator Azercell Telecom JV has put a first international MMS roaming service in Azerbaijan with aim of making its customers to feel at home.
05 April 2007 [20:07]
The BP-run Baku-Ceyhan pipeline from Azerbaijan to Turkey has reached its full capacity of 1 million barrels per day, the British firm said on Thursday.
05 April 2007 [20:05]
Azerbaijan, Kazakhstan, Turkey and Georgia will set up a consortium to lay the Caspian section of the Trans-Asia-Europe fiber optic communication line, Azerbaijan's communications and information technologies minister said Thursday.
05 April 2007 [19:55]
Azerbaijani Communications and Information Technologies Ministry are discussing with international organizations the issue of orbiting national communications satellite. The country is carrying out technical and economic assessment for launching the satellite.
05 April 2007 [19:53]
Thursday, Baku hosted a roundtable meeting, supported by the USAID, the Eurasia Foundation and Entrepreneurial Development Fund, to examine transparency and efficiency in use of the oil revenues in the country.
05 April 2007 [15:58]
"They think we'll die from hunger if they kick us out. But in reality it's them who will die from hunger."
05 April 2007 [15:43]
Azerenergy and RAO EES (Unified Energy Systems) are not negotiating on import of Russian electricity.
05 April 2007 [15:20]
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, did not take place.
05 April 2007 [14:25]
100mln barrels of oil have been exported to Europe via the Baku-Tblisi-Ceyhan (BTC) pipeline.
05 April 2007 [12:03]
Tariff Council, State Prices Regulator, are considering proposals to increase railway transportation and communications tariffs and utilities fees for refuse collection, elevator and so on.
05 April 2007 [08:23]
The meeting of Standing Secretariat of TRACECA (Transport Corridor Europe Caucasus Asia) Intergovernmental Commission, National Secretariats and civil air transport administrations' chiefs held in Antalya is over.
05 April 2007 [08:21]
Azerbaijan communications market player Caspian American Telecommunications, LLC (CATEL) intends to reduce subscription fees and tariffs.
05 April 2007 [08:20]
The campaign for sugar-beet organized by Imishli Sugar Refinery of Azersun Holding Group of Companies is over.
05 April 2007 [08:20]
Azerbaijan's AzSighorta has opened an additional office in Sumgait.
05 April 2007 [08:14]
German government has already paid the funds for reconstruction of sewerage system of Ganja and Sheki regions of Azerbaijan, German ambassador to Azerbaijan Per Stankina told journalists.
05 April 2007 [08:07]
A delegation from Ulyanov province of Russia intends to pay official visit to Azerbaijan.
05 April 2007 [08:02]
Chief of State Customs Committee of Azerbaijan Aydin Aliyev received president of BP Caspian Sea Company Bill Schrader.
05 April 2007 [08:01]
Conference on 'International Trade, Standards and World Trade Organization (WTO): current situation, problems and prospects' has been held in Azersun Holding Group of Companies' head office in Baku.
05 April 2007 [07:59]
It is very profitable to harness the sun's rays as a source of heat, said Azerbaijan's Industry and Energy Ministry's official for Economy Department Rafig Aliyev
05 April 2007 [07:52]
In Azerbaijan consumer goods and services bought by population during January and February totaled AZN 1,421.3 million, 18.5% higher than a year earlier.
05 April 2007 [07:51]
Dubai hosted seminar Azerbaijan’s Investment Climate and Investment Potentials, said Azerbaijan's Ambassador to United Arab Emirates Eldar Salimov.
05 April 2007 [07:47]
Turkey has carried out economic assessment of Baku-Tbilisi-Akhalkalaki-Kars railroad construction project.
05 April 2007 [07:45]
Azerbaijan communications market player Caspian American Telecommunications, LLC (CATEL) Joint Venture will enlarge its coverage around the northern and southern regions of Azerbaijan to provide CDMA (Code Division Multiple Access) services.
05 April 2007 [07:38]
United Arab Emirates' businessmen intend to cooperate with Azerbaijan closely, said Eldar Salimov, Azerbaijan's Ambassador to this country.
04 April 2007 [19:44]
Economical delegation from Germany is planning to visit Azerbaijan soon.
04 April 2007 [19:42]
Akkord Group of Companies refuted Youth and Sport Minister Azad Rahimov's statement about carrying out unproductive negotiations over construction of youth camp in Azerbaijan.
04 April 2007 [19:30]
Baku has today hosted a trilateral meeting of Azeri, Kazakh and Georgian Prime Ministers - Artur Rasizade, Karim Massimov and Zurab Nogaideli.
04 April 2007 [19:26]
Azerbaijan Mortgage Fund (AMF) has amended mortgage loan lending mechanism.
04 April 2007 [19:22]
Azerbaijan's Industry and Energy Ministry has delivered a presentation on renewable energy development project in the country.
04 April 2007 [14:17]
Opening ceremony of the Baku grain terminal located in the suburb of Azerbaijani capital took place on Wednesday.
04 April 2007 [14:01]
Azerbaijan communications market player Caspian American Telecommunications, LLC (CATEL) intends to assemble CDMA cell phones in Azerbaijan in the nearest future.
04 April 2007 [13:24]
The price of flour products are not expected to leap in Azerbaijan and the country is capable of supplying its own needs for grain, said Azeri Agriculture Minister Ismat Abbasov.
04 April 2007 [12:35]
The employees, who will be redundant after the Shah Deniz field development project is complete, will be granted severance pay equal to their three-month wages, said Rovnag Abdullayev, the President of the State Oil Company of Azerbaijan (SOCAR).
04 April 2007 [12:18]
There is a need to further advance the developing bilateral cooperation between Azerbaijan and Kazakhstan, Azeri Prime Minister Artur Rasizade told a joint conference with his Kazakh counterpart Karim Masimov after a closed-door meeting, Thursday.
04 April 2007 [10:43]
The weighted average exchange prices made up 0.8665 AZN for 1 US dollar in the Baku Interbank Currency Exchange on April 3.
04 April 2007 [09:06]
Improtex Motors has marketed the new models of BMW X5in Azerbaijan.
04 April 2007 [09:04]
The UK HSBC Bank is planning to target Bluetooth phone-owners outside bank offices to encourage them to get more information about the services.
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