Business
10 November 2006 [13:33]
Turcas Petroleum A.S started negotiations for the establishment of a joint venture with State Oil Company of Azerbaijan (SOCAR), the owner of 25 percent shares of BTC pipeline.
10 November 2006 [13:29]
Chairman of Azerbaijan's State Customs Committee Aydin Aliyev met with Special Representative for Commercial and Business Affairs at the U.S. Department of State Frank Mermoud, the Committee's press service said.
10 November 2006 [13:25]
President of SOCAR Rovnaq Abdullayev met with Special Representative for Commercial and Business Affairs at the U.S. Department of State Frank Mermoud and Ambassador of the USA to Azerbaijan Mrs. Anne Derse, press service of SOCAR said.
10 November 2006 [13:09]
Hand-over test of Bayva-Energy has been completed.
10 November 2006 [13:09]
Workshop on Export Alliance, supported by Economic Development Ministry, was held in the framework of EU TACIS Project Support to AZPROMO.
10 November 2006 [13:05]
As of November 1, Tekhnikabank JSC has allowed 65 mortgages. The total amount of the mortgages is AZN 1 430 000.
10 November 2006 [13:04]
The assets of Bank Standard grew by AZN 112% (USD 127 118 000), compared with late last year, in October.
10 November 2006 [13:03]
Technikabank JS CB has become a principal member of MasterCard.
10 November 2006 [13:02]
Azercell Telecom JV concluded roaming agreements with Hi3G Access AB and Hi3G Denmark Aps.
10 November 2006 [13:00]
Finance Ministry has announced a tender for high-quality documentary stamps or products.
10 November 2006 [12:59]
A delegation led by Industry and Energy Minister Natig Aliyev has visited China to attend oil conference to be held between November 9 and 16 in Beijing.
10 November 2006 [12:57]
Construction of Khachmaz thermal power plant has continued to progress.
10 November 2006 [09:04]
Investors from Islamic countries have been offered 34 private sector projects worth $453 million in Azerbaijan.
10 November 2006 [00:05]
The weighted average exchange prices made up 0.8728 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 9.
10 November 2006 [00:01]
Azerbaijan's Minister of Economic Development Heydar Babayev today met with visiting Chairman of the Polish Senate Bogdan Borusewicz and his accompanying delegation.
09 November 2006 [23:44]
Compensation rate for Azerbaijan will be 16.5% in international postal exchange from January 1, 2007.
09 November 2006 [23:31]
Issues relating to civil participation in discussions on the 2007 state budget and a new assessment of an international group were discussed at a roundtable in Baku on Wednesday.
09 November 2006 [23:30]
A senior Azeri official has dismissed statements by some economists concerning double-digit inflation in the country. "Evidently, these people have no idea what they are talking about," the State Statistics Committee chairman Arif Valiyev said.
09 November 2006 [16:30]
SOCAR associate company Khazardenizneftgaztikinti and Geoengineering is implementing repair works on main gas pipeline in Georgia, spokesmen of Azerbaijani embassy in Georgia, Elkhan Polukhov stated.
09 November 2006 [14:36]
Earlier this week the Dutch company FONDEL METAL PARTICIPATION BV filed its request for arbitration against the Government of Azerbaijan with the Washington-based International Centre for Settlement of Investment Disputes.
09 November 2006 [13:43]
British petroleum giant BP has stopped pumping oil from Azerbaijan to Georgia through the Baku-Supsa pipeline due to 'anomalies' exposed in the pipeline.
09 November 2006 [13:10]
Azerbaijan Investment Company OJSC will finance the first project by this year end, Company Executive Director Anar Akhundov told.
09 November 2006 [13:08]
SOCAR President Rovnag Abdullayev has today met with the members of the Caspian Development Advisory Panel (CDAP).
09 November 2006 [12:43]
Those living in the centers of regions and cisties will be able to receive social security benefits by plastic cards.
09 November 2006 [12:08]
SOCAR implemented drilling works of 14 459 meters in October with an exception of Joint Ventures and Operating Companies.
09 November 2006 [11:36]
Micro Finance Bank of Azerbaijan intends to open a branch in Khachmaz, Bank officer Sebastian Fariniarts told.
09 November 2006 [11:11]
SOCAR Marketing and Economic Operations Department exported 239 909 metric tons of crude oil from Novorossiysk Terminal in October.
09 November 2006 [10:06]
"Georgia is going to transfer electrical energy to Turkey and Azerbaijan. Expansion of the hydroelectric power stations enables Georgia to transfer electricity to these countries," Georgia State Electrical System told.
09 November 2006 [09:59]
Ganja-Istanbul-Ganja flight will be opened from December 2, 2007, Plantet.Co Director Elkhan Hasanov stated.
08 November 2006 [22:55]
Azerbaijan and Belarus led the CIS countries in January-September 2006 for industrial growth with 39.2 and 12.2 percent respectively on the same period last year.
08 November 2006 [22:26]
Polish Senate Marshal Bogdan Borusewicz said his country shows interest in cooperating with Azerbaijan in the oil and gas sector.
08 November 2006 [22:22]
As is informed, Prime Minister of Azerbaijan Artur Rasizade has met the Islamic Development Bank (IDB)’s President Ahmed Muhammad Ali who has arrived in Baku to partake at the International Investment Conference.
08 November 2006 [22:21]
The weighted average exchange prices made up 0,8721 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 8.
08 November 2006 [22:19]
08 November 2006 [22:10]
The officers of Interior Ministry Department Fighting Organized Crimes found lots of counterfeit goods cost over AZN 100 000 in Sederek Trade Center.
08 November 2006 [18:06]
The discussion of 2007 Draft State Budget continued in Parliament today.
08 November 2006 [17:52]
"Rumor that there is no accurate statistical information about construction in Azerbaijan is far from the true.
08 November 2006 [17:48]
Polish National Exhibition has today been held in Baku.
08 November 2006 [17:45]
The Georgian prime minister on Wednesday denounced Russia's move to more than double the price for natural gas for the ex-Soviet nation as "political blackmail," and said that Georgia would look for alternative suppliers.
08 November 2006 [15:47]
Investment conference has today been held in Baku by the Government of Azerbaijan and Islamic Development Bank.
08 November 2006 [15:15]
Armenia will sell VimpelCom the remaining 10% in one of the country's two telecom companies on condition it abandons further expansion plans, a minister said Wednesday.
08 November 2006 [14:51]
Azerbaijan's Communications and Information Technologies Minister Ali Abbasov addressed the Plenipotentiary Conference of the International Telecommunications Union (ITU), which will take place from Monday, November 6 to Friday, November 24 in Antalya, Turkey.
08 November 2006 [13:43]
"Hand-over test of Barmek is ongoing. The Government has control over the process. As to investment to the electricity companies after Barmek hands over all authority, the perspectives will be investigated, and investment might be attracted," Deputy Minister of Economic Development Mikayil Jabbarov told reporters.
08 November 2006 [13:41]
Collection of the electric bills in Ganja from population rose 15.3%, year-on-year, to 63% in October, Ganja Electric Supply Department spokesman Rafig Abbasov told.
08 November 2006 [13:16]
Taxes Ministry Operational Control Department have to date examined 139 757 various kinds of trade facilities and found serious irregularities in 32 695 of them.
08 November 2006 [11:53]
After November 15 Azerbaijan and Russia will discuss the issues on energy exchange and the price and volume of electrical energy Azerbaijan will import from Russia for 2007, Azerenergy Vice-President Marlen Asgarov told.
08 November 2006 [11:31]
"Local poultry farms shouldn't be blamed for Chicken and egg price jump in market. Azerbaijan imports 95% of the feedstuffs, as well as medicines and eggs for incubation from abroad. The prices don't go down because the feed prices are high," Azerbaijan Poultry Company chair Aydin Valiyev stated.
07 November 2006 [22:26]
Azerbaijan's Minister of Economic Development Heydar Babayev met at the Excelsior Hotel Baku with members of the Azerbaijan-Turkey Businessmen Union.
07 November 2006 [22:18]
The weighted average exchange prices made up 0.8725 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 7.
07 November 2006 [22:11]
Since Azerbaijan refines and sells petroleum products, the country has an interest in the realization of the Odesa-Brody-Plock oil pipeline project, Azerbaijani President Ilkham Aliyev said in Brussels on Tuesday.
07 November 2006 [21:36]
Azerbaijan's president will arrive in Moscow Wednesday for a three-day visit ahead of negotiations on Russian natural gas deliveries for 2007, the presidential press service said.
07 November 2006 [21:34]
The European Commission says it has signed an agreement on energy partnership with Azerbaijan.
07 November 2006 [16:51]
Azerbaijani-Jordanian business forum took place in Baku today.
07 November 2006 [16:42]
The process for the construction of the Russian-supported Burgas-Alexandroupolis oil pipeline, an alternative to Baku-Tbilisi-Ceyhan pipeline, has been intensified.
07 November 2006 [15:33]
"Barmek-Azerbaijan and Bakielectricshebeke OJSC signed a hand-over agreement on Monday. Hand-over test of all substations will be concluded and an agreement on accounting will be signed shortly," Barmek President Huseyn Arabul stated.
07 November 2006 [14:21]
Finance Ministry and Foreign Ministry have developed a bill on financial provision of diplomatic servants, Finance Ministry officer Shakir Guliyev said.
07 November 2006 [13:56]
"In Azerbaijan Science spending makes up 0.7% of the GDP. As a result, the science has no influence on economy," Azerbaijan national Academy of Sceice President Mahmud Kerimov said.
07 November 2006 [13:14]
Azerigas CJSC has sued 391 individuals for interfering in the gas meters.
07 November 2006 [13:12]
Communications and Information Technologies Minister Ali Abbasov has visited Turkey to attend the Plenipotentiary Conference of the International Telecommunications Union (ITU), which will take place from Monday, November 6 to Friday, November 24 in Antalya, Turkey.
07 November 2006 [12:27]
Workshop was held in Baku at initiative of the Finance Ministry and Turkish International Cooperation Agency (TICA) Program Coordinator in Baku.
07 November 2006 [12:24]
Taxes Ministry implemented the taxes prediction by 108.8 percent during the period of January-October.
07 November 2006 [12:23]
Fuel consumption for electricity generation was 354.93 gram/1kilowatt/h against 358.84 in the thermal power plants in Azerbaijan during October.
07 November 2006 [12:08]
Collection of electric bills reached 60.3% in October, Azerenergy Energy Supply Officer Hidayat Yariyev stated.
07 November 2006 [11:56]
SOCAR Marketing and Economic Operations Department announced a tender for export of 1 200 barrels of Azeri Light Crude Oil from Ceyhan Port at two stages-half on December 1 and half on Dec. 15.
07 November 2006 [11:40]
Chief of Ali Bayramli Gas Supply Department has been dismissed.
07 November 2006 [11:35]
Taxes Ministry Operational Control Department have to date examined 138 909 various kinds of trade facilities and found serious irregularities in 32 492 of them.
07 November 2006 [11:32]
Some 200 Korean-made big buses are intended to be imported to Azerbaijan for provision of Baku bus demand, Deputy Minister of Transportation Musa Panahov told.
06 November 2006 [23:34]
The weighted average exchange prices made up 0,8727 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November.
06 November 2006 [18:41]
Local farmers do not expect harvest this year.
06 November 2006 [15:07]
The Cement prices have recently began to go down in the retail market in Azerbaijan. The price per bag cement has fallen to AZN 6.4 from AZN 9.
06 November 2006 [13:45]
It depends on the next round of talks to reach any agreement on the prices and volume of Russian gas Azerbaijan is going to import, Industry and Energy Minister Natig Aliyev told.
05 November 2006 [14:35]
Sikorsky Aircraft announced today it has signed an agreement which makes effective a contract with the Ministry of National Defense, Undersecretariat for Defense Industries (SSM) of the Government of Turkey for 17 new S-70B SEAHAWK helicopters. First deliveries are scheduled to begin in 2009. Sikorsky Aircraft is a subsidiary of United Technologies Corp.
05 November 2006 [14:24]
The international investment conference organized by the Ministry of Economic Development and Islamic Development Bank will be held November 8-9 in Baku.
05 November 2006 [14:23]
05 November 2006 [14:20]
According to the State Oil Company, Azerbaijan purchased 33,4 million cubic meters of gas in October for electric stations from Russia, totalling 3 billion 45,9 million cubic meters in January-October.
Azerbaijani servicemen's moral-psychological training is at high level, Defense Ministry
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Switzerland reduces its investment in Azerbaijani economy by 3-fold
China's top legislator meets North Korea's Kim Jong Un on goodwill visit