Business
11 October 2006 [22:53]
The weighted average exchange prices made up 0,8734 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 11.
11 October 2006 [22:50]
Eurasia Energy Limited ("Eurasia") announces that it has completed all field work necessary to conclude the development plan for Eurasia's 600 square kilometer offshore oil and gas block (the "Block") in the Republic of Azerbaijan.
11 October 2006 [22:47]
About 100 companies from 20 countries including Azerbaijan, Russia, Iran, Turkey, Germany, France, Ukraine, Belarus, Kazakhstan, Poland, Finland and South Korea have participated in the exhibition to showcase their machinery and construction materials in the field of building construction.
11 October 2006 [22:46]
Hydrocarbons produced in the Caspian Sea could be shipped to European markets through Romania, the country's president Traian Basescu said Wednesday during a two-day visit to oil-rich Azerbaijan.
11 October 2006 [15:47]
12th Azerbaijan International Construction Exhibition (BakuBuild 2006) and 4th International Furniture and Woodworking, Interiors and Design Exhibition (BakuMebel 2006) and 1st Real Estate Exhibition started on Wednesday.
11 October 2006 [15:41]
CITES (Convention on International Trade in Endangered Species of Wild Flora and Fauna) kept in force the ban on fishing and export of black caviar and Caspian sturgeon from Azerbaijan in the meeting of the standing secretariat.
11 October 2006 [14:46]
"16-storeyed buildings were built in Baku on the basis of permits for 12-storeyed ones. These facts are under investigation," chairman of State Agency for Construction Safety Jabrail Khanlarov said.
11 October 2006 [13:22]
The Azerbaijan-Ukraine business forum will be held during the Ukrainian businessmen's visit to Azerbaijan in December.
11 October 2006 [13:06]
Anglo Asian Mining PLC (AIM: AAZ), the gold and copper development company with projects in Azerbaijan, today issues the following operational update:
11 October 2006 [10:16]
A trial on the lawsuit the ANS Group of Company's ANS Commerce brought against Taxes Ministry took place on Tuesday.
11 October 2006 [10:14]
Taxes Ministry Operational Control Department have to date examined 120 684 various kinds of trade facilities and found serious irregularities in 28 195 of them.
11 October 2006 [10:07]
Det.Al Limited Co. will construct a new aluminium plant in Ganja. The annual production capacity of the high-tech plant will be 100 000 tonnes.
11 October 2006 [10:04]
UniBank CB has increased the rate of interest carried by the USD 'Accumulation' deposits to 12%+1%, while the 'Accumulation' deposits made in AZN shall carry the unchanged rate of interest of 10.6%+1%.
11 October 2006 [10:03]
Lenkeran Electricity Supply Department collected AZN 117000 from the customers in September. This indicator was AZN 105000 in August.
11 October 2006 [10:00]
Fuel consumption for electricity generation was 371.51 gram/kilowatt/h against 375.33 in the thermal power plants in Azerbaijan during September.
11 October 2006 [09:56]
Official currency reserve of the National Bank of Azerbaijan reached $1,5 bn.
11 October 2006 [09:54]
A press conference on the summary of September was held in Standard Bank CJSB.
11 October 2006 [09:27]
High oil prices have direct influence on the rise of the revenues of the State Oil Fund.
11 October 2006 [09:23]
Caspian Integration Business Club members met with Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ).
11 October 2006 [09:19]
Bank of Baku has today started campaign which gives special bonuses to the customers.
11 October 2006 [09:16]
Annual meeting of the Black Sea International Ship-owners Association (BINSA) was held in Baku.
11 October 2006 [09:11]
The State Committee for Securities registered the issue prospectus of ordinary book-entry bonds of Azerigazbank OJSC.
11 October 2006 [08:53]
The price of eggs is expected to fall as from the second half of October, National Poultry Society chief Aydin Valiyev told.
10 October 2006 [20:11]
10 October 2006 [20:02]
The weighted average exchange prices made up 0,8734 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 10.
10 October 2006 [19:43]
12th Azerbaijan International Construction Exhibition (BakuBuild 2006) and 4th International Furniture and Woodworking, Interiors and Design Exhibition (BakuMebel 2006) will start tomorrow.
10 October 2006 [09:40]
The first Chinese automobile has been made at Ganja Automobile Plant on Monday.
10 October 2006 [09:39]
As of October 1, the State Oil Company of Azerbaijan (SOCAR) (excluding Operating Companies and Joint Ventures) has 6 182 production wells.
10 October 2006 [09:38]
Construction of Nakhchivan Module Power Plant continued to progress on the schedule.
10 October 2006 [09:37]
State Agency for Management of Public Property has begun receiving applications for job vacancies.
10 October 2006 [09:36]
Black Sea International Ship-owners Association (BINSA) will hold an annual meeting in Baku on October 10.
10 October 2006 [09:35]
An auction on placement of T-bills with the state registration number 10203013S will be held at Baku Stock Exchange on October 10.
10 October 2006 [09:33]
10 October 2006 [09:29]
French Court will review Azerbaijan's complaint on removal of the seizure of the Azerbaijan's shares on October 13.
10 October 2006 [09:27]
Azercell Telecom announced a tender on the medical insurance for its employees and families of them.
10 October 2006 [09:24]
Oil price is expected to increase at the world markets, Azerbaijani Finance Minister Samir Sharifov said.
09 October 2006 [22:54]
President Ilham Aliyev of Azerbaijan on October 9 received at President Palace founder and CEO of Noble Group Richard Elman.
09 October 2006 [22:49]
The weighted average exchange prices made up 0.8739 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 9.
09 October 2006 [21:53]
McDermott began to dismiss the number of the Azerbaijani workers because of the end of projects.
09 October 2006 [16:02]
09 October 2006 [15:58]
Press conference has been held in the Polish Embassy in Azerbaijan on occasion of the Polish national exhibition to take place in Baku November 8-10.
09 October 2006 [15:50]
State Oil Company of Azerbaijan (SOCAR) said construction of the Baku-Tbilisi-Erzurum gas pipeline is nearing its end.
09 October 2006 [15:47]
Azerbaijani Finance Minister Samir Sharifov said that the World Bank provided US$50mn-credit to Azerbaijan on favorable conditions.
09 October 2006 [10:11]
The Russian government has developed guidelines to establish a crude oil and oil product exchange in Russia, President Vladimir Putin said on Saturday.
08 October 2006 [22:39]
Iran made a pitch to become a strategic export route for Central Asia's oil, even as Tehran faces mounting pressure from the West to abandon its nuclear ambitions.
08 October 2006 [02:48]
ITECA Caspian LTD, the exclusive partner of ITE Group Plc - the leading organizer of the international trade exhibitions and conferences in the South Caucasus will open 12th Azerbaijan International Construction Exhibition "BakuBuild 2006" and 1st International Real Estate Exhibition "AzRealty-2006", October 11- 14 in Heydar Aliyev Sport and Exhibition Complex.
07 October 2006 [17:43]
Azerbaijan's mobile operator Azercell Telecom has mounted 38 stations in September in the capital of Baku and provinces.
07 October 2006 [17:38]
The weighted average exchange prices made up 0,8739 AZN for 1 US dollar in the Baku Interbank Currency Exchange on October 6.
07 October 2006 [14:36]
The level of the minimum salary will be raised from January 1, 2007.
07 October 2006 [10:20]
UniBank CB has joined the GTFP (Global Trade Finance Programme) of the International Finance Corporation, in the format of which the Bank is awarded with a termless revolver credit line for trade finance in the total amount of $1.5 mn.
07 October 2006 [10:15]
The weighted average exchange price made up 0.8739 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
07 October 2006 [09:58]
1 146 404 tonnes of Azerbaijani oil was transported through Baku-Tbilisi-Ceyhan (BTC) in September.
07 October 2006 [09:47]
As of October 1, BakGas has provided 320 000 customers with gas meters, Baku Main Gas Department chief Tahir Aliyev told a press conference.
07 October 2006 [09:35]
RAO EES will open its representative office in Azerbaijan in near future.
07 October 2006 [09:32]
International Epizootic Bureau has started workshop in Baku on dialogue and joint activities among the EU member-states and Regional Commission for Europe member-states.
06 October 2006 [19:28]
The second meeting of Azerbaijan-Rumanian intergovernmental joint commission will be held in Baku on Saturday.
06 October 2006 [19:06]
Russian Economic Development and Trade Minister German Gref said Friday that neither Georgia nor any other country had the right to veto Russia's accession to the World Trade Organization (WTO).
06 October 2006 [16:17]
Economic Development and Trade Minister Heydar Babaev and his Russian counterpart German Gref and has signed a protocol on cooperation between the two ministries.
06 October 2006 [15:35]
Russia's LUKoil Oil Company President Vahid Alakbarov gave a press conference in Azerbaijan.
06 October 2006 [14:01]
Azerbaijan hopes for long-term business cooperation with Russia, Azeri President Ilham Aliyev told a meeting with Russian Economic Development and Trade Minister German Gref in Baku on Friday.
06 October 2006 [13:56]
1 000 of 3 000 villa-like detached houses in Baku owe Baku Main Gas Department, Chairman of the department, Tahir Aliyev said.
06 October 2006 [13:53]
Azerbaijan is in favour of Russian companies participating in the development of oil deposits in its territory, said Elmar Mammadyarov, the Azerbaijani foreign minister.
06 October 2006 [13:39]
Azerbaijan consulate in Kars appealed to relevant bodies of the two countries for opening Baku-Kars-Istanbul flight.
06 October 2006 [13:31]
Russia's economics minister will discuss Friday in Azerbaijan stepping up bilateral trade and economic cooperation, the ministry's press-service said.
06 October 2006 [10:13]
Nakhchivan Autonomous Republic imported some 70.706mn KW/h electrical power in September.
06 October 2006 [10:03]
Taxes Ministry has completed check-ups in VMF Company which gives financial support to ANS TV.
06 October 2006 [09:41]
Finance Ministry's Department for Control of Insurance Activities has developed an action plan for qualification of the insurance companies’ staff, Department Chairman Namig Khalilov told.
06 October 2006 [09:37]
Finance Ministry is working out Program for Development of Insurance System.
06 October 2006 [00:07]
Russia's energy giant Gazprom said Thursday it is conducting no negotiations with Georgia over the gas price for 2007, despite a Georgian energy businessman's statements.
05 October 2006 [19:44]
On Thursday the World Bank and Azerbaijani Government have signed an agreement on Agricultural Develoment and Credit Project Phase II. According to the agreement, the World Bank will allow a loan of 29mn to the Government.
05 October 2006 [19:01]
Ambassador of the Republic of Azerbaijan to Tehran voiced his country's enthusiasm for transferring its oil to the waters of the Persian Gulf.
05 October 2006 [18:50]
Executive Director of the Azerbaijan State Oil Fund (SOFAZ) Shahmar Movsumov met with executive director of the Open Society Initiative for West Africa (OSIWA) Nana Tanko and head of the Open Society Institute-Soros Foundation Farda Asadov.
05 October 2006 [18:38]
"A number of officers-in-reserve cannot receive belongings compensation because, Finance Ministry did not allocated funds for it," said Ilgar Verdiyev, Defense Ministry press service officer.
05 October 2006 [15:04]
The Shah Deniz gas and condensate development project has continued to progress according to schedule since the beginning of 2006 and construction is currently almost complete overall.
05 October 2006 [09:43]
Azerbaijani authorized credit institutions received 191 official appeals from the citizens for mortgage within seven months.
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