Business
30 October 2006 [22:49]
Washington-based International Center for Settlement of Investment Disputes made decision October 18 to consider the arbitration claim filed by Barmek-Azerbaijan against the Government of Azerbaijan.
30 October 2006 [16:15]
A seminar "Legal framework of fighting the laundry of dirty money, contribution to terrorism and other financial crimes" organized by the US embassy in Azerbaijan and Council of Europe began in Baku.
30 October 2006 [14:04]
"The place where the Volga joins the Caspian constitutes 75-80% of the Sea pollution"
30 October 2006 [13:52]
The talks of Russia's President Vladimir Putin and his Armenia's counterpart Robert Kocharian begin in Moscow today, October 30, 2006.
30 October 2006 [00:02]
Germany's big gas pipeline deal with Russia has been criticised by a US official, in a sign of Washington's mounting unease about Berlin's ties with Moscow.
29 October 2006 [18:50]
During the first three quarters of the year Baku-Tbilisi-Ceyhan oil pipeline spent $834 million (including the costs of line-fill and financing) in capital expenditure, press service of the BP Azerbaijan said.
29 October 2006 [13:44]
The Black Sea Economic Cooperation (BSEC) will celebrate its 15th anniversary in Istanbul as Turkey will host a BSEC summit of heads of state and government in June 2007, said Ambassador Murat Sungar, first deputy secretary-general of the Istanbul-based organization.
28 October 2006 [15:12]
Communications and Information Technologies Minister Ali Abbasov has today visited regions of Sabirabad and Ali Bayramli.
28 October 2006 [12:23]
Oracle Corporation, world's leader in business-to-business software and services, including Internet-enabled databases, tools, and application products will conduct a technical seminar November 8 in Baku.
28 October 2006 [11:33]
The 5th Republic Conference was held about the improvement of internal tourism.
28 October 2006 [11:28]
SOCAR delivered 4.303bn cu m of gas to Azerigas CJSC during the period of January-September. 3.309bn cu m of gas were imported from Russia in this period.
28 October 2006 [10:39]
Taxes Ministry Operational Control Department have to date examined 132 456 various kinds of trade facilities and found serious irregularities in 30 934 of them.
28 October 2006 [10:36]
International Insurance LLC has today commissioned a customer service department at 17 Najaf Rafiyev Street, Khatai District, Baku.
27 October 2006 [21:05]
Azerbaijan's largest mobile company Azercell Telecom has signed new roaming agreement with Polish "Centertel" operator, press service of Azercell said.
27 October 2006 [21:04]
The weighted average exchange prices made up 0,8725 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 27.
27 October 2006 [20:54]
Chairman of the State Customs Committee Aydin Aliyev met with the minister of economic development of Georgia Irakly Chogovadze.
27 October 2006 [20:18]
CHF International guaranteed realization of projects on road's restoration in Gasanli village of Masalla area and restoration of school in Guneshli village of Jalilabad area in frames of Community Activities Development Program, realized by the USAID in Azerbaijan; it was informed at the US Embassy in Azerbaijan.
27 October 2006 [20:01]
Price of the natural gas provided for customers will be discussed next year, Azerigas CJSC chairman Alikhan Malikov said.
27 October 2006 [19:42]
Azerbaijan's credit unions will keep deposits of population if the Government approves of proposals submitted by the Azerbaijan Credit Union Association, ACUA management board chair Elchin Baghirov said.
27 October 2006 [19:40]
Aydin Bashirov, the Chief of the Azerbaijan Caspian Shipping Company (ACSC), gave a press conference on activities and future of the Company.
27 October 2006 [19:31]
Economic Development Ministry's Antimonopoly Policy Department has begun to probe into the grounds for the rise of the price of cement in the retail market.
27 October 2006 [19:25]
The prices of bread in Salyan rose from 10-15 kopecks to 20 kopecks.
27 October 2006 [12:32]
During September Taxes Ministry delivered AZN 184 624 100 to the State Budget. This figure is implementation of the forecast by 91.4 percent.
27 October 2006 [12:31]
Taxes Ministry Operational Control Department have to date examined 131 630 various kinds of trade facilities and found serious irregularities in 30 728 of them.
27 October 2006 [12:16]
Roundtable examining investment legislation of Azerbaijan took place in Baku yesterday.
27 October 2006 [10:43]
Ukrainian-Azerbaijan business forum will be held in Kiev by Azerbaijan National Confederation of Entrepreneurs (ACE).
27 October 2006 [10:42]
Baku will host Azerbaijani-Pakistani investment forum on November 9.
27 October 2006 [10:22]
Each Azerbaijani living in Russia sends $150 on average to their family in Azerbaijan a month, State Statistical Committee chairman Arif Valiyev said.
26 October 2006 [20:29]
Azerbaijan said it is considering buying gas from Iran amid continued discussions with Russia over the price and volume of gas.
26 October 2006 [19:44]
The weighted average exchange prices made up 0.8719 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 26.
26 October 2006 [19:32]
On October 26, President of Azerbaijan Ilham Aliyev welcomed at the Presidential Palace the delegation of the European Bank of Reconstruction and Development (EBRD).
26 October 2006 [19:09]
Azeri state oil firm SOCAR may start exploratory drilling of prospective natural gas structures at the Babek-Umid block in the Caspian Sea in the spring of next year, a senior company official said on Thursday.
26 October 2006 [14:43]
State Statistical Committee chairman Arif Valiyev gave a press conference on macroeconomic indicators of socioeconomic development of Azerbaijan during the period of January-September.
26 October 2006 [13:07]
Market price has risen by 73% this year. Price of foodstuffs has risen by 10.3% other products 4.8%.
26 October 2006 [12:35]
Azerfon LLC, the third GSM operator in Azerbaijan, will start up in late this year and early next year.
26 October 2006 [10:46]
In Azerbaijan the rise of cement price was caused by high demand in the domestic market, reduction of the cement production because of shortage of raw, decrease of imports, Garadagh Cement informs.
26 October 2006 [10:45]
The EBRD is expanding its support for microfinance in Azerbaijan and extending a $1 million loan to the local microfinance institution CredAgro. $250.000 of the $1 million is being funded by TaiwanICDF.
26 October 2006 [10:43]
AtaBank Commercial Bank offers new plastic cards to customers. The bank informs that these cards ca be used for long time.
26 October 2006 [09:58]
Azerbaijan has not yet set the volume and price of gas imports for 2007, Industry and Energy Minister Natig Aliyev told reporters.
26 October 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 130 835 various kinds of trade facilities and found serious irregularities in 30 543 of them.
26 October 2006 [09:25]
Caspian Oil&Gas Field-2006 conference has started in Baku yesterday. The two-day conference is supported by Industry and Energy Ministry, SOCAR, International East Oil Academy, Oil and Gas Geotechnical Problems Scientific Research Institute.
26 October 2006 [00:59]
Turkey's Air Force has selected the F-35 Lightning II, over Europe's Eurofighter Typhoon for the NATO nation's 15-year, $10 billion program to buy about 100 new-generation fighter aircraft, Turkish procurement and military officials said.
26 October 2006 [00:58]
BP raised by 20 percent its estimate of proven oil reserves in three offshore fields in the Azeri sector of the Caspian Sea, which the British company is developing with partners.
25 October 2006 [22:49]
About 10 Azerbaijani companies attend the International Food Industry Exhibition "SIAL-2006" in Paris, from 22 to 26 October.
25 October 2006 [20:20]
The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 25.
25 October 2006 [20:19]
25 October 2006 [20:11]
Construction of Kars-Akhalkalak-Tbilisi-Baku railway line is aimed at restrictive policy and is economically inefficient.
25 October 2006 [19:33]
The annual crediting rate of Azerbaijan Mortgage Fund can be reduced to 3-4% from 6%, AMF executive director Faig Mammadov said.
25 October 2006 [15:52]
SOCAR-owned oil mining territories should be cleared from illegal constructions, SOCAR President Rovnag Abdullayev said.
25 October 2006 [13:47]
Oil price fall in the world market is not risky for Azerbaijan, Azerbaijan's industry and energy minister Natig Aliyev told reporters.
25 October 2006 [12:54]
Georgia plans to be maximally ready for winter. Georgia can import electrical energy from 5 neighboring countries-Azerbaijan, Russia, Armenia, Iran and Turkey, Georgian fuel and energy minister Nika Gilauri told at briefing yesterday.
25 October 2006 [11:35]
The incomes and expenditures of the State Budget of Azerbaijan equaled AZN 2 427.8m and AZN 2 155.3m respectively. The budget surplus stood at AZN 272.5m (2.6% of the GDP) during the period of January-August.
24 October 2006 [19:40]
Compnay to provide streaming content teasers to the idle screens of Azercell's 2.2 million users, is aiming to reach 40% subscriber uptake for mobile content, and is powered by Celltick's LiveScreen Media™.
23 October 2006 [15:42]
Turkey has been monitoring the "saddening events" between Turkish and Kazakh workers in Kazakhstan, and the Turkish Embassy in Almaty has launched necessary initiatives, Turkish Foreign Ministry said in a statement on Sunday.
23 October 2006 [15:40]
The BP led AIOC consortium has began pumping oil four months earlier than planned from the East Azeri field, part of the huge Azeri-Chirag-Guneshli (ACG) group of fields in the Caspian Sea, the company said on Monday.
23 October 2006 [15:38]
ATA Holding recently joined the International Hockey Federation (FIH) as one of their major sponsors.
23 October 2006 [15:36]
The Moscow office of the International Bank of Azerbaijan has opened its second branch in Saint Petersburg.
21 October 2006 [17:58]
Representatives of the shareholders of the EBRD begin a four-day visit to Azerbaijan on Monday, October 23. The Board of Directors represents the Bank's 62 public shareholders and has to approve all Bank projects before they are put into action.
21 October 2006 [17:42]
Taxes Ministry approved some suggestions by Azerbaijan Entrepreneurs Confederation (AEC) on amendments in Tax Code.
21 October 2006 [11:52]
Azerbaijan is ready to held with mail delivery from Russia to Georgia if Universal Postal Union appeals.
21 October 2006 [11:50]
There is no deficiency of liquid gas in Azerbaijan in domestic market, SOCAR President Rovnag Abdullayev said.
21 October 2006 [11:48]
"Delay of the production of Shah Deniz gas is related to marine activities. The wells and pipeline to Sangachal terminal are ready."
21 October 2006 [11:42]
"First Dynasty Mines" (FDM) Company of Canada invested US $22, 1 in gold extraction in Nagorno Karabakh, occupied Azerbaijan territories.
21 October 2006 [11:23]
Number of issues were discussed at the first meeting of Azerbaijan-Italian intergovernmental commissions for economic cooperation, Deputy Economic Development Minister told reporters.
21 October 2006 [11:15]
Hand-over test of Barmek Electricity Distribution Company LLC is in plight and our expectations go real, Deputy Economic Development Minister Mikayil Jabbarov said.
21 October 2006 [10:49]
The assets of the UniBank have risen by 106.9% in comparison with September 2005 and reached AZN 122.053 m, which represents an 88.5% increase as against January 1, 2006.
21 October 2006 [10:47]
KfW Development Bank, in Frankfurt, and the Swiss State Secretariat for Economic Affairs (SECO), in Berne, signed respectively the loan and grant agreements covering the financing of the 'Open Program Municipal Infrastructure II' aiming at the rehabilitation of the water supply and waste water treatment systems in the towns of Ganja and Sheki.
21 October 2006 [10:31]
Average monthly salary of employees working for Azerbaijani economy constituted AZN 138.5 in January-August this year. That represents 20% increase as against the same period last year.
21 October 2006 [00:56]
Azerbaijani delegation led by Taxes Minister Fazil Mammadov visited October 17-18 Turkey to discuss the development of cooperation with the Turkey's Finance Minister, Ministry's public relations department said.
21 October 2006 [00:54]
The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 20.
20 October 2006 [16:40]
Implementation of the Baku-Tbilisi-Akhalkalaki-Kars Railway Project will be completed by late 2008, transport minister Musa Panahov said.
20 October 2006 [16:31]
The National Bank announced an open competition for designing and building new administrative buildings.
20 October 2006 [16:23]
The meeting of the Milli Majlis standing commission on natural resources, energy and ecology issues held October 19 focused "Loan Agreement between the Republic of Azerbaijan and the OPEC Fund for International Development on Samur-Absheron Irrigation System Project."
20 October 2006 [15:01]
The decision to cut output 1.2m barrels a day (4%), slightly more than expected, was made at a late-night emergency meeting in Doha, the capital of the Persian Gulf state of Qatar.
20 October 2006 [11:04]
Russian energy monopoly Unified Energy System is ready to replace Barmek Company in Azerbaijan and to run electricity in Baku and Sumgait.
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