Business
22 December 2006 [13:28]
Azerbaijan Airlines State Company intends to spend between $450 and $480 to purchase new aircrafts next year.
22 December 2006 [13:01]
South Korea has reached an agreement with Azerbaijan to liberalize air travel and cargo transport between the two countries, officials said Friday.
22 December 2006 [11:10]
Azerbaijan's Kapital Bank intends to place two corporate bond issues in early 2007. The amounts of the issues are expected to be AZN 10m and USD 10m at par values.
22 December 2006 [11:08]
AGLeasing intends to treble its leasing portfolio to AZN 10m in 2007.
22 December 2006 [11:07]
Turkey is concerned over the delay of the construction of Kars-Akhalkalaki-Tbilisi-Baku railway line.
22 December 2006 [11:06]
This year date on more than 105,000 real estates owned by some 13,000 state enterprises and their branches were received by the State Property Registry, of which 103,000 were registered.
22 December 2006 [11:02]
22 December 2006 [10:58]
Explosion occurred in one of the departments of steel mill situated in Z. Bunyadov Avenue, Narimanov territory.
22 December 2006 [10:57]
22 December 2006 [10:57]
The board of trustees of the Azerbaijan Export Investment Promotion Foundation (AzPromo) has held a workshop.
22 December 2006 [10:55]
21 December 2006 [23:14]
A seminar "Regional Development Initiative (RDI) and three-year plan: 2006-2008" was held December 20 for media outlets at the BP's Enterprise Center.
21 December 2006 [23:05]
The weighted average exchange prices made up 0.8717 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 21.
21 December 2006 [22:48]
The unexpected death of Turkmen President Saparmurat Niyazov left the Russian government wondering how the event will affect Turkmen gas deliveries.
21 December 2006 [22:34]
"The gas reserves is 200m more in compare with last year," the chief of Azerigaz CSC Alikhan Melikov said.
21 December 2006 [16:52]
Georgia's President Saakashvili said on December 21 he is optimistic about Georgia's gas supplies from Azerbaijani Shah-Deniz field after talks with the Turkish leadership, but hinted that "many technical issues" may still remain unclear.
21 December 2006 [15:32]
Russian natural gas exporter Itera began switching off gas supplies to some parts of Georgia Thursday, citing unpaid debts.
21 December 2006 [15:11]
Georgia will ensure electric power transportation from Russia and Azerbaijan to Turkey via its territory, Georgian President Mikhail Saakashvili said in Istanbul at a meeting with the Turkish business community on Thursday.
21 December 2006 [14:22]
Azerbaijani people will face no problem in gas supply during the winter, SOCAR president Rovneg Abdullayev told reporters.
21 December 2006 [11:22]
The SOCAR plans to construct six platforms of 78 wells in the Oil Rocks by 2010.
21 December 2006 [11:21]
CIS Economic Council will meet in Moscow on December 27.
21 December 2006 [11:16]
TRACECA (Transport Corridor Europe Caucasus Asia) member states can discuss the issue on lifting permission system between the corridor states.
21 December 2006 [11:15]
Kapital Bank experts have drafted the 2007 budget and introduced it to the Observation Board.
21 December 2006 [11:14]
Azerbaijan will find an international consulting company for the proposals on the project of special innovation zones in Azerbaijan.
21 December 2006 [11:13]
National Budget Group delivered a presentation on the judgement of 2007 Budget.
21 December 2006 [11:12]
21 December 2006 [11:11]
21 December 2006 [11:10]
Azerbaijan's Kapital Bank has large-scale and ambitious plans and the new ratings will provide good opportunities to realize these ideas, Kapital Bank Management Board Chairman Rauf Rzayev said.
21 December 2006 [11:09]
Azeri, Russian officials will meet in Moscow on Dec. 22 to continue negotiations on gas supplies for Azerbaijan in 2007.
21 December 2006 [10:53]
In 2007 Azerbaijan Airlines (AZAL) will launch direct flights to a number of cities to which Azerbaijanis travel often.
21 December 2006 [10:52]
Next year Azerbaijan may apply digital customs declaration system, State Customs Committee chairman Aydin Aliyev said.
21 December 2006 [10:51]
Azerbaijan is the leader of South Caucasus for the number of internet users according to the International Telecommunication Union.
21 December 2006 [10:49]
The trial of 7 Barmek-Azerbaijan Electric Network officers in Republic Prosecutors Office Fight against Corruption Department is finishing.
21 December 2006 [10:47]
The issue on personal income declaration system is under discussion at the level of the Cabinet.
20 December 2006 [22:26]
Japanese Government will allocate some $200 000 grant to Azerbaijani Government to arrange technical-economic basis for project on building high-speed railways in Azerbaijan.
20 December 2006 [22:13]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 20.
20 December 2006 [20:41]
The World Bank and Korea will pledge $30m to assist Azerbaijan in creating electronic government (e-gov), said Azerbaijan Minister of Communication and Information Technologies Ali Abbasov.
20 December 2006 [20:26]
"Economic Development Ministry tries to delay the conclusion of the final agreement with Barmek as long as possible. We have already requested the Ministry to hurry," said Barmek-Azerbaijan President Huseyn Arabul.
20 December 2006 [15:08]
Trade between Azerbaijan and Russia is rapidly growing, Chairman of the Azerbaijan-Russia Business Cooperation Chamber, Intiqam Huseynov, told AzerTAg reporter.
20 December 2006 [15:06]
The second forum of businesswomen of Islamic countries was held in the Malaysian capital, Kuala Lumpur. The event gathered about 80 businesswomen from 44 countries worldwide.
20 December 2006 [15:04]
On December1 2-16, the delegation led by chairman of Auditor Chamber of Azerbaijan Vahid Novruzov has been with a working visit in Paris.
20 December 2006 [14:53]
Foodstuffs imported into Armenia should be subjected to obligatory marking in Armenia, head of the Standardization and Compliance of the Trade and Economic Development Ministry Robert Dayan announced at a news conference on December 21.
20 December 2006 [13:51]
Azerbaijan will become Georgia's major gas supplier in 2007, Georgian Prime Minister Zurab Nogaideli told the government session on December 20.
20 December 2006 [13:21]
Azerbaijani president Ilham Aliyev decreed on establishing Commission on Export Control.
20 December 2006 [11:22]
Azerbaijan and China will invest USD 12 million in creation of a joint venture in Sumgait Glass Manufacturing Plant, Industry and Energy Minister Natig Aliyev said.
20 December 2006 [11:14]
The license of the buses in Baku which increase the fare illegally will be revoked, Tariff Council chairman Heydar Babayev said.
20 December 2006 [11:13]
Azerigas has warned regions that it would cut off natural gas supply, from Dec. 25, to the regions where collection of gas bills is under 60%.
20 December 2006 [11:12]
Azerbaijan's leading cellular provider Azercell Telecom concluded three international roaming agreements with Brasilia's Amazonia Celular, Croatia's Vipnet Croatia and Spain's Vodafone.
20 December 2006 [11:11]
Azerbaijan and Turkey plans to raise the trade turnover to $1 billion by this year's end and double to $2bn in 2007, Azerbaijan-Turkish Business Council chairman Chingiz Gul said.
20 December 2006 [11:10]
New lifts are being constructed in Ganja. People can use them after the reference of a special commission.
20 December 2006 [11:10]
Kurdemir Energy Supply LLC has to date installed 43 072 electric meters.
20 December 2006 [11:09]
New procedures have been developed for payment of the debt by Nakhchivan AR for the electricity imported from Turkey during 1990s, Turkish ambassador to Azerbaijan Turan Morali said.
20 December 2006 [10:59]
Director General of AzeriLeasing, Ceyhun Nagiyev, has been chosen President of Association of Azerbaijan Leasing Companies.
20 December 2006 [00:17]
Armenia's underground gas storage facilities may be empty this winter if Georgia fails to restore its pipeline pumping Russian gas on time, an official spokesman for Russian energy giant Gazprom said Tuesday.
20 December 2006 [00:06]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 19.
20 December 2006 [00:02]
A trade agreement between Iran and Azerbaijan approved by the Parliament and Guardians Council earlier was communicated to the governmental bodies by the president on Tuesday.
19 December 2006 [23:46]
Azerbaijani Energy Minister Natig Aliyev said that representatives of Georgia, Azerbaijan and Turkey failed to reach an agreement over redistribution of Turkey's share of Azeri gas transported via Baku-Tbilisi-Erzerum pipeline.
19 December 2006 [23:43]
All industrial enterprises in Heydar Aliyev Avenue, Baku will be removed to the suburban areas.
19 December 2006 [23:42]
Finance Ministry has appointed new chairs to the newly established departments.
19 December 2006 [23:36]
Turkish Tarhan Tower Airlines performs direct flights to Armenia. Direct flights to Yerevan have been realizing four times a week at night since May.
19 December 2006 [15:48]
Ukraine is interested in strengthening cooperation with Azerbaijan, in trade-economic and energy spheres, in particular. Viktor Yanukovych stressed during the meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Ukraine Talyat Aliyev.
19 December 2006 [15:46]
Azerbaijan Air Lines holds negotiations with Boeing leadership to purchase new planes next year.
19 December 2006 [15:20]
A new price for natural gas proposed by Russia is disadvantageous for Azerbaijan, the country's industry and energy minister said Tuesday.
19 December 2006 [15:04]
Today, within the visit of Turkish Industry and Trade Minister Ali Coskun to Azerbaijan, a meeting of Turkish-Azerbaijan Business Council was held by Azerbaijani Economic Development Ministry and Turkish Council for Foreign Economic Cooperation.
19 December 2006 [11:46]
Azerbaijan International Operating Company (AIOC) increased oil exports by 82.43%, year-over-year, to 18 726 000 metric tons during the period of January-November.
19 December 2006 [11:25]
Azerbaijan Investment Company has concluded memo of understanding with Milk-Pro LLC which produces dairy products and juice.
19 December 2006 [11:23]
Iran will start shipping gas through a pipeline to Armenia in January, the Tehran Times reported Sunday, citing an Iranian official.
19 December 2006 [11:22]
The UK National Audit Office will audit Azerbaijan Accounting Chamber (AAC) next year.
19 December 2006 [11:05]
Azerbaijan Accounting Chamber intends to conclude an agreement of cooperation with South Korean, Latvian and Chinese Supreme Audit Offices.
19 December 2006 [11:04]
2 out of 9 road bridge projects is expected to be commissioned in Baku on weekend.
19 December 2006 [11:03]
A delegation led by Turkish Industry and Trade Minister Ali Coskun visiting Baku has been received by Azerbaijani Industry and Energy Minister Natig Aliyev.
19 December 2006 [11:02]
State Committee for Management of Public Property held 50 auctions and the stocks of some 180 shareholders were sold during the period of January-November.
19 December 2006 [11:02]
Standard Insurance collected insurance fees of AZN 6.514m during the period of January-September.
19 December 2006 [11:01]
Moscow will host a trilateral forum of Russian, Azerbaijani and Turkish businesspeople in March-April, 2007, Azerbaijan and Russia Business Cooperation Chamber chairman Intigam Huseynov said.
19 December 2006 [10:55]
During November 491.18m cubic meters of natural gas were delivered to Azerigaz against the planned 623m cu m by implementing the forecast by 78.8 percent.