Business
27 March 2007 [14:09]
The World Bank and Azerbaijan's Communications and Information Technologies Ministry have jointly announced Small Grants Program for involvement of citizens in information society.
27 March 2007 [13:43]
The International Center for Settlement of Investment disputes (ICSID) postponed the legal procedure fixed for March 28 on case of the Azerbaijani government on the charges raised by Barmek - Azerbaijan Electricity Distribution LLC for uncertain time, Barmek president Huseyn Arabul exclusively told.
27 March 2007 [13:18]
Azerbaijan Accounting Chamber will audit OJSC Agroleasing according to the financial control program.
27 March 2007 [11:44]
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 held on Tuesday.
27 March 2007 [00:30]
Georgia's Economic Development Minister, Georgiy Arveladze said Kars-Akhalkalaki-Tbilisi-Baku railway will not be an alternative to the country's seaports, and those who say so are unaware of the current situation.
27 March 2007 [00:28]
It is possible to transport 1.6 million barrels of crude via the BTC pipeline, Salih Pashaoglu, director general of Turkey's BOTAS company said at the international conference.
27 March 2007 [00:25]
The Azerbaijan Air Lines (AZAL) launched a new Baku-Saint Petersburg flight on March 25.
27 March 2007 [00:19]
A seminar initiated by UNIfans, a Paris-based Organization, discussed the topic "Azerbaijan, Georgia, Kazakhstan and Uzbekistan: the visible sides of economic growth."
26 March 2007 [19:19]
The highest rate of lending since the eve of the Asian crisis in 1997 is "stretching" banking systems worldwide, according to Fitch Ratings.
26 March 2007 [17:38]
On March 22-23, regional energy leaders gathered in Tbilisi for the Georgian International Oil, Gas, Infrastructure and Energy Conference (GIOGIE) discussing among other issues Georgia's role in developing alternative oil and gas transport routes that bypass Russia and help Europe become less reliant on Russia for its energy needs.
26 March 2007 [14:55]
Azerbaijan saw its Gross Domestic Product grow 41.7% year-on-year to $3.8 billion in January and February 2007, the South Caucasus nation's government statistics agency said Monday.
26 March 2007 [14:42]
An official opening of the Baku grain terminal will be held in Govsany, Baku, on April 3, 2007.
26 March 2007 [13:54]
Chief executive of the state-run Georgian Oil and Gas Corporation (GOGC) Alexander Khetaguri will visit Baku on March 29 to negotiate with the Azerbaijan's state company, Azerigaz, on additional supplies of gas.
26 March 2007 [08:52]
Energy security has became the main theme of today's world.
24 March 2007 [20:33]
The World Bank has set aside a $30 million loan for the Real Estate Registration Project in Azerbaijan with a grace period of 5 years, the World Bank announced on March 22.
24 March 2007 [20:31]
BP Azerbaijan said it expects the ACG (Azeri-Chiraq-Gunashli) operating expenditure to be $396 million in 2007, and plans to spend $2.579 million in capital expenditure on ACG activities this year.
24 March 2007 [20:30]
Azerbaijan's State Oil Company (SOCAR) has named the winner of its tender who will transport 1 million barrels of Azerbaijani crude oil (Azeri Light) from the Turkish port of Ceyhan in April.
24 March 2007 [20:29]
Azerbaijan's Minister of Finance Samir Sharifov visited Hungary March 22-23.
24 March 2007 [15:30]
During its regular sitting the Armenian government decided to sell it 10 percent share of ArmenTel stocks to Russia's VympelCom, the owner of the 90 percent package.
23 March 2007 [23:15]
Former Ambassador in Azerbaijan Zurab Gumberidze was appointed the head of Georgian Oil and Gas Corporation branch office in Azerbaijan.
23 March 2007 [23:03]
Research Director for the Central Asia-Caucasus Institute of Johns Hopkins University Svante Cornell commented on Azerbaijan's Foreign Minister Elmar Mammadyarov's statements.
23 March 2007 [23:01]
Three meetings. Three cities. One goal: making Europe less dependent on Russian energy.
23 March 2007 [14:55]
Kazakhstan's deepening economic cooperation with Georgia and Ukraine is increasingly assuming political connotations which go far beyond the boundaries of bilateral relations.
23 March 2007 [13:52]
Central Asian countries are holding talks with European top officials on ways to transport and supply gas to Europe in projects that exclude Russia.
23 March 2007 [13:46]
Speaking at the GIOGIE 2007 [6th Georgian International Oil, Gas, Energy and Infrastructure Conference] hosted by Tbilisi's Sheraton Metechi Palace U.S. Ambassador to Georgia John Tefft hailed the plan transport Turkmenistan gas to Europe via Azerbaijan and Georgia.
23 March 2007 [03:03]
The meeting of Uralmashzavod's Board of Directors held on March 20, 2007 resulted in appointing Nazim Efendiev the company's CEO.
23 March 2007 [02:59]
6th Georgian International Oil, Gas, Energy and Infrastructure Conference has been launched at the hotel Sheraton Metechi Palace to energy-economic issues.
22 March 2007 [23:40]
Although regional pipelines rarely are recognized as progenitors of global power balance, the prospective agreement between Turkey and Israel to construct such a strategic connection may accomplish a seismic economic shift.
22 March 2007 [23:23]
Polish President Lech Kaczynski's visit to Azerbaijan and Kazakhstan is expected to focus on the building of a crude oil transportation corridor from the Caspian Sea.
22 March 2007 [01:28]
Georgian Parliament's Foreign Relations Committee has approved the agreement on Baku-Tbilisi-Akhalkalaki-Kars railway project.
21 March 2007 [14:39]
The first ever train will cover the Baku-Akhalkalaki-Kars in May 2010, Director General of the Georgian Railways Irakly Ezugbaya said at the meeting of the Georgian parliamentary committee for external relations.
21 March 2007 [13:45]
Georgia weathered Russia's economic embargo last year and expects foreign investment and growth to pick up in 2007 on the back of reforms, Economy Minister George Arveladze said on Tuesday.
21 March 2007 [13:30]
Azerbaijan has urged EU to buy gas from Turkmenistan despite the decision to halt any trading relations with that country because of the right violation there.
20 March 2007 [22:09]
Azerfon, LLC was licensed by the Ministry of Communications and Information Technologies of Azerbaijan in December, 2005 to provide mobile services throughout the territory of Azerbaijan.
20 March 2007 [21:56]
Azerfon LLC Director General John Armley told a press conference that the new operator has set up necessary infrastructure and installed the required equipment.
20 March 2007 [10:29]
Azerbaijan is going to increase natural gas exports to Georgia, said the country's energy minister Nika Gilauri during his visit to Jandara settlement where Baku-Tbilisi-Erzurum pipeline joins Georgia’s gas distribution grid.
20 March 2007 [10:28]
As of February 1, the amount of loans invested in the economy of Azerbaijan reached AZN 2,493.4m, up 80.6% from a year earlier.
20 March 2007 [10:28]
Azerbaijan Student Admission Commission has released the results of the tax bodies employment examination.
20 March 2007 [10:27]
The sixth international energy infrastructure conference will be held in Tbilisi on March 22-23.
20 March 2007 [10:26]
Azerbaijan's State Oil Company (SOCAR) intends to purify the oil-polluted territories in Bibiheybat.
20 March 2007 [10:25]
Azerbaijan's State Oil Company (SOCAR) has announced two competitions for exportation of Azeri Light and REBCO crude oil.
20 March 2007 [10:24]
Energy prices hike pushed up the expenses by approx. AZN 2mln to 2.5mln in the communications sectors, said Azerbaijan's Communications and Information Technologies Minister Ali Abbasov.
20 March 2007 [10:21]
"The Sultan expressed his sympathy with the government of the United States for the troubles in which it is involved, and the hope that the war would soon terminate with maintenance of the American Union in all its original power and integrity with the restoration of peace and concord among the American people. I am happy in thus being able to report to you that the United States has a true and loyal friend in the sovereign of this great empire."
20 March 2007 [10:04]
Azerbaijan Airlines (AzAL) will operate flights between Baku-St. Petersburg with a-319 airbus from March 25.
20 March 2007 [10:03]
During the period of January and February, Azerbaijani population’s pre-tax earnings rose 33%, year-on-year, to AZN 1,825.7mln.
20 March 2007 [10:02]
As of February 1, the savings put with Azeri banks by people amounted to AZN 805.4mln, up 63% from the same period last year.
20 March 2007 [09:55]
As of March 1, despite unfavorable weather 30,800 hectares have been planted for spring sowing in Azerbaijan, up 10.3% from a year earlier.
20 March 2007 [09:54]
Gas supply to the debtor defaulting customers will not be cut off in Azerbaijan during the nonworking days for Novruz.
20 March 2007 [09:52]
The World Bank Senior Public Health Specialist Enis Baris will lead a health mission to Azerbaijan on March 26.
19 March 2007 [22:58]
The weighted average exchange prices made up 0,8675 AZN for 1 US dollar in the Baku Interbank Currency Exchange on March 19.
19 March 2007 [22:49]
"MoU on Energy Cooperation to be signed between Azerbaijan's Foreign Minister Elmar Mammadyarov and Secretary of State Condoleezza Rice on March 22 supports construction of 'new generation' pipelines for transporting energy resources, especially natural gas of the region to Europe," said Deputy Assistant Secretary of State Matthew Bryza.
19 March 2007 [17:42]
Belarus ambassador to Azerbaijan Nikolay Patskevich visited Ganja Auto Plant and concerned himself with the production lines of the plant.
19 March 2007 [17:35]
Azerbaijan's GDP grew 41.7%, or AZN 950mln, year on year, in January and February, to AZN 3,273mln.
19 March 2007 [16:55]
Azerbaijan intends to complete full transition to electronic telephone switch system by the end of 2008, said Communications and Information Technologies Minister Ali Abbasov, adding that the process is currently 72% complete.
19 March 2007 [16:40]
Turkey's main opposition CHP party prepared a report on some private educational institutions operating in different parts of the world through financial support from Turkey.
19 March 2007 [15:56]
The number of automobile imports to Azerbaijan has started to decline since the excise tax on imports effective January 1.
19 March 2007 [15:51]
State Oil Company intends to carry out exploration works in some fields.
19 March 2007 [14:57]
State Oil Company (SOCAR) intends to dismantle old offshore platforms.
19 March 2007 [14:50]
President Ilham Aliyev attend the opening of different intersections constructed in "20 January" circle in the crossroad of Tbilisi avenue and Hasan Zardabi street in the capital Baku.
19 March 2007 [14:34]
The biggest gas exporting nations will come together in Doha 0n April 9 to roll out a so-called gas-OPEC -gas exporting countries organization, after reaching a final agreement a week earlier.
19 March 2007 [14:25]
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 held today.
19 March 2007 [12:07]
In April Azerbaijani, Iranian and Russian railroaders will have a trilateral meeting on North-South Transport Corridor in Baku.
19 March 2007 [11:19]
For Kazakhstan's President Nursultan Nazarbaev, the current two-day visit to Russia won't be easy.
19 March 2007 [09:25]
Iranian President Mahmoud Ahmadinejad and his Armenian counterpart will formally open the first stretch of a natural gas pipeline Monday in Armenia, that relies on Russia for most of its gas.
17 March 2007 [16:14]
Official opening ceremony of a road bridge in the 20 Yanvar Circle and a tunnel in Shamakhinka will be held on March 19.
17 March 2007 [16:12]
The houses, buildings or graveyards located on the project line of the Baku metro will be demolished, said Baku Metro Chief Tagi Ahmadov.
17 March 2007 [10:59]
The amount of Shah Deniz gas Georgia is importing should be increased.
17 March 2007 [10:58]
Azerbaijan's leading mobile operator Azercell Telecom has concluded GPRS/MMS roaming agreements with two operators of Israel-Partner and Celcom and two operators of Canada-Rogers and Fido.
17 March 2007 [10:57]
A international seminar on real estate cadastre and registry will be held in Baku by this year's end.
17 March 2007 [10:56]
Azerbaijan's Amrah Sigorta Insurance Company intends to raise its nominal capital by 12.5% by this year's end.
17 March 2007 [10:54]
Azerbaijan-Iran joint venture Azer-Asia intends to shift its legal status to Open Joint Stock Company by the end of March.
17 March 2007 [10:53]
AGBank intends to open a branch in Yevlakh in July.
17 March 2007 [10:52]
Azerenergy has announced a competition for the construction of high voltage power line between Imishli and Azerbaijan Thermal Power Plant.
17 March 2007 [10:50]
During 2006, the national budget of Azerbaijan was formed 69% from taxes and 13.3% from customs and 1.7% from extrabudgetary revenues, the country's Prime Minister Artur Rasizade told the parliament in an annual government report.
17 March 2007 [10:41]
AtaBank increased its term-deposit portfolio 98%, year-on-year, to AZN 39,462,300, as of March 1.
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Polad Bulbuloglu awarded with “For Service to Motherland” 1st degree order