Business
30 March 2007 [23:23]
Insurance companies operating in Azerbaijan collected a total of AZN 88.330mln in premiums during 2006. Ateshgah Joint Stock Venture tops the list of collections.
30 March 2007 [22:58]
During January, 2007 Azerbaijan's trade operations with 86 nations totaled to US $785.6mln of which exports accounted for $396.0 mln and imports made up $389.5mln, including humanitarian goods worth $8,9mln imported to the country through the state, government and international organizations.
30 March 2007 [15:03]
Malta's FimBank appealed against the court decision on lifting the arrest from 500,000 stocks of Azeri Government in the European Telecommunications Satellite Organization (Eutelsat).
30 March 2007 [14:25]
Real estate market is healthier in Baku than Yerevan and Tbilisi, said Mr. Norman D. Flynn, Chief Executive Officer of International Real Property Foundation, who is visiting Baku.
30 March 2007 [13:39]
Turkey is devising plans to transport oil to Far Eastern markets from the Baku-Tbilisi-Ceyhan oil pipeline (BTC) via Israel, said Ismail Capanoglu, foreign relations director of the state-owned Turkish Pipeline Company (BOTAS).
30 March 2007 [13:33]
Azerbaijan's real estate market prices rose 15% during January-February, said Real Estate Market Participants Union CEO Nusrat Ibrahimov.
30 March 2007 [13:29]
Mr. Norman D. Flynn, Chief Executive Officer of International Real Property Foundation and Mr. Nusrat Ibrahimov, President of Azerbaijan Real Estate Market Participants Union signed an agreement with support of the U.S. Agency for International Development (USAID).
30 March 2007 [13:27]
Azerbaijan is going to build a high-tech oil refinery in Ceyhan Port, a Turkish port which is the end of Baku-Tbilisi-Ceyhan Pipeline carrying the Caspian oil from Azerbaijan to the world market via Georgia and Turkey.
30 March 2007 [09:41]
Belarusian companies got the permission for oil mining in Azerbaijan, a corresponding agreement was signed by the Prime Ministers of Belarus and Azerbaijan Syargey Sidorsky and Artur Rasizade in Baku on Thursday.
30 March 2007 [09:23]
Azerbaijan is interested in implementation of the Nabucco pipeline and is ready to be a transit player, said the country's industry and energy minister Natig Aliyev.
30 March 2007 [09:22]
Caucasus Holding's tractor repair plant in Sabirabad will produce high-pressure rubber pipe.
30 March 2007 [09:21]
Azerbaijan's leading mobile operator Azercell telecom has concluded roaming agreements with Russia's LLC Ekaterinburg 2000 (GSM 1800) and South Korea's KTF (WCDMA).
30 March 2007 [09:20]
Baku hosted a meeting discussing establishment, specialization of Free Economic Zones in Azerbaijan.
30 March 2007 [09:19]
The total volume of harmful emissions discharged to atmosphere reduced 28.8% to 344,200 tons in Azerbaijan.
30 March 2007 [09:18]
Baku Electricity Networks cut off supply to 21,200 defaulting customers for two years.
30 March 2007 [09:17]
Azerbaijan's EraTrans Insurance Company plans to open branches in Ganja and Gabala.
30 March 2007 [09:16]
The real volume of retail goods and catering turnover grew 13.9% to AZN 1,115.2mln in Azerbaijan during January and February.
30 March 2007 [09:11]
Latvia's Parex Bank intends to open a branch in Azerbaijan.
30 March 2007 [09:09]
Azerbaijan Export and Investment Foundation (AzPromo) will start an office in Aktau, Kazakhstan in late April.
30 March 2007 [09:06]
Azerbaijan's Communication and Information Technologies Ministry has restricted the transmission of Turkey's TRT channel for seven hours.
30 March 2007 [08:59]
State Labor Inspection under Ministry of Labor and Social Defense of Population will survey building companies in Sumgayit, Ganja and other big cities.
30 March 2007 [08:49]
The meeting of TRACECA Intergovernmental Commission National Secretaries has started in Antaliya March 29.
30 March 2007 [08:47]
The US-Azerbaijan Industry-State Relations Forum has started in Baku, Thursday.
30 March 2007 [08:46]
AtaSighorta Insurance Company intends to raise its authorized capital to AZN 2mln, Executive Director Ismayil Garayev stated.
30 March 2007 [08:44]
The U.S. Agency for International Development (USAID) and Azerbaijan Appraisers Society have signed a letter of intent in Baku.
30 March 2007 [08:42]
Azerbaijan State Committee for Public Property Management has announced an investment competition to sell shares of OJSC Siyazan Sanaye Cihaz.
29 March 2007 [22:24]
"We are on the doorstep of signing huge economic projects. The Baku-Tbilisi-Ceyhan oil pipline is already operating. The project for transporting Azeri gas from Shah Deniz field to Turkey has been completed."
29 March 2007 [16:23]
Azerbaijan's Emergencies Minister, General Colonel Kamaladdin Heydarov today received Bill Schrader, president of BP-Azerbaijan company.
29 March 2007 [16:21]
Azerbaijan's Communications and Information Technologies Ministry has held a forum discussing use of Latvia's experience in implementation of E-Government State Program.
29 March 2007 [16:08]
Ina Gudele, Minister for Special Assignments for Electronic Government Affairs of Latvia today met with Azerbaijani Minister of Communication and Information Technologies Ali Abbasov.
29 March 2007 [16:05]
Booz Allen Hamilton consulting firm will submit the package of proposals on Regional Innovation Zones Establishment Project to the Government of Azerbaijan in a two days.
29 March 2007 [14:32]
The opening ceremony of the 2nd Turkish Construction Materials exhibition was held in the Republic Olympic Centre in the Azerbaijani capital, Baku.
29 March 2007 [14:24]
Addressing the sixth international oil and gas conference in Turkey on March 27, Turkey's Minister of Energy and Natural Resources Hilmi Guler said Azerbaijan's natural gas would be transported to Greece from July.
29 March 2007 [14:17]
The US-Azerbaijan Industry-State Relations Forum has started in Baku on Thursday.
29 March 2007 [13:12]
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, was again postponed.
29 March 2007 [08:48]
Georgia will pay off its debt to Azerbaijan for electricity impost by this year's end in the form of electrical power.
29 March 2007 [08:47]
Azerbaijan's Ganja Automobile Plant will assemble 390 'Belarus' tractors at the first stage.
29 March 2007 [08:45]
There is a gap between the revenues and expenditures of Azerkimya, the state-owned chemicals maker, said Azerbaijan's Industry and Energy Minister Natig Aliyev.
29 March 2007 [08:44]
It will be possible to construct Azerbaijan-Georgia-Turkey power line while no concrete agreement has been reached yet, said Azerenergy Vice-President Marlen Asgarov.
29 March 2007 [08:43]
Azerbaijan's leading mobile operator Azercell Telecom JV is rewarded as "GSM operator of the year" and "Philanthropist of the year."
29 March 2007 [08:41]
In Azerbaijan, waste of electricity has been minimized after the energy prices rise in January and acceleration of metering process. Electrical power consumption fell between 20% and 25% in regions.
29 March 2007 [08:36]
The next round of negotiations on Azerbaijan's WTO accession efforts is scheduled for May-June.
29 March 2007 [08:34]
The weighted average exchange price made up 0.8675 AZN/USD at trading sessions on the Baku Interbank Currency Exchange.
29 March 2007 [08:34]
The State Committee for Securities has registered OJSC Turanbank's issue prospectus for ordinary book-entry stocks. The amount of the issue is AZN 1,000,000, face value per stock AZN 1,000.
29 March 2007 [08:27]
During January and February, shipment flow into and out of Baku International Sea Trade Port totaled 732,800 tons, down 35.4% from the same period a year earlier.
29 March 2007 [08:26]
Communications services provided for the legal entities and individuals in Azerbaijan amounted to AZN $89.7mln during January and February, up 16.5% from a year earlier.
29 March 2007 [08:25]
Imishli Sugar Refinery plans to expand its daily capacity to 1,500 tons by this year's end, through application of advanced technology, said the company owner Azersun Holding President Abdolbari Goozal.
29 March 2007 [08:23]
A forum will be held in Crescent Beach Hotel, Baku to have exchange of views on management and corporate governance.
29 March 2007 [08:14]
Azerbaijan's first Ambassador for Sri Lanka Dr.Tamerlan Karayev asks Sri Lankan entrepreneurs to join with Azerbaijanis to form business partnerships and market Sri Lankan products at Azerbaijan.
29 March 2007 [08:09]
Ina Gudele, Minister for Special Assignments for Electronic Government Affairs of Latvia will arrive in Baku.
28 March 2007 [23:09]
The International Center for Settlement of Investment disputes (ICSID) appointed the legal procedure on case of the Azerbaijani government on the charges raised by Barmek- Azerbaijan Electricity Distribution LLC for May 18.
28 March 2007 [22:57]
Azerbaijan will be more interested to join Odessa-Brody pipeline if it establishes chain fuel-filling stations in Ukraine, said Azerbaijan's Industry and Energy Minister Natig Aliyev.
28 March 2007 [22:50]
Georgian parliament unanimously ratified the agreement on construction of Kars-Tbilisi-Baku railway project.
28 March 2007 [22:45]
Azerbaijan's Transport Minister Ziya Mammadov reviewed streets and roads in Baku.
28 March 2007 [22:37]
Azerenergy, State Electricity Company, has sent the Government the draft program aimed at reconstruction of power grids, networks and stations in the country, said Company Vice-President Marlen Asgarov.
28 March 2007 [22:28]
In two months, two road bridges will be commissioned in Ziya Bunyadov Avenue and the 3rd Microdistrict in Baku.
28 March 2007 [22:28]
The work on construction of Imishli-Parabad high-voltage power supply line between Azerbaijan and Iran has continued to progress and the construction work will be complete by this year's end, said Azerenergy Vice-President Marlen Asgarov.
28 March 2007 [22:25]
In Azerbaijan, oil and non-oil sectors should pace in parallel and by 2012 revenues coming from these sectors have to be parallel, said the country's industry and energy minister Natig Aliyev.
28 March 2007 [22:23]
A total of USD 7 billion ws invested in the economy of Azerbaijan last year, of which 42% was domestic and 58% foreign capital investments, said the Cabinet's Financial Policy Officer Ogtay Hagverdiyev.
28 March 2007 [22:22]
In late May or early June, the Government of Azerbaijan might reconsider revenues and expenditures of the state budget for 2007, said the Cabinet's Financial Policy Officer Ogtay Hagverdiyev.
28 March 2007 [22:19]
Today, Azerbaijan's Transport Minister Ziya Mammadov reviewed streets and roads in Baku.
28 March 2007 [22:18]
Belarus and Azerbaijan are considering the refining of Azeri oil at Belarusian refineries, and Azerbaijan is inclined to believe such a move would be beneficial, Azeri Prime Minister Artur Razizade said at a meeting of a joint Belarusian-Azeri commission.
28 March 2007 [22:11]
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, was again postponed.
28 March 2007 [22:00]
Industry ad Energy Minister Natig Aliyev has met with his Georgian counterpart Nika Gilauri.
28 March 2007 [21:56]
Azerbaijan Airlines State Concern (AzAL) intends to open direct flight between Baku and Munich, the Company told.
28 March 2007 [15:09]
Azerbaijan's Energy Minister said Wednesday that the ex-Soviet Caspian Sea nation would double its oil output by 2010.
28 March 2007 [09:25]
Cargo transportation in Azerbaijani part of Transport Corridor Europe-Caucasus-Asia (TRACECA) reached 3.9mln tonnes in January, up 6.1% from a year earlier.
28 March 2007 [09:24]
Gas supply system of the Azerbaijani region of Ganja is being reconstructed.
28 March 2007 [08:59]
Azerbaijan's Azerenergy and Russia's RAO UES (Unified Energy Systems) intend to set the prices of electricity imports for the second quarter by the end of March.
28 March 2007 [08:58]
Baku Electricity Networks has begun to cut off electricity supply to debtors from March 27.
28 March 2007 [08:57]
Azerbaijan intends to form information network and resources registry system to control and register the firms engaged in this sphere, said Communications and Information Technologies Ministry Officer for Information Society Development Rufat Gulmammadov.
28 March 2007 [08:55]
The world's leading enterprise software company, Oracle held a presentation of Oracle Business Intelligence Suite EE 10g Release 3.
28 March 2007 [08:53]
Director of Azerbaijan's Absheron Insurance Company Aghahuseyn Huseynov was dismissed.
28 March 2007 [08:52]
The delegation of Turkey's Radio and Television Corporation will visit Baku on April 5.
28 March 2007 [08:43]
Azerbaijan's State Student Admission Commission has announced an open contest for procurement of stationery and supply of its administrative building with heating.
Azerbaijan, Georgia, Turkiye, and Bulgaria advance Green Energy Corridor discussions
Chemical weapons agency chief to meet Syrian officials in Damascus on Saturday, sources say
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South Korean tech giant to display Saudi-tailored AI models at LEAP 2025
Azerbaijan's Health Ministry launches HIV prevention syringe initiative
Hopes for co-op amid growing friction: Azerbaijan’s diplomatic struggle with Iran
Azercosmos hosts Aerospace and Digital Innovations Forum for high school students