Business
19 September 2006 [09:14]
The Bahamas magistrate presiding over the Viktor Kozeny extradition matter is now expected to deliver a ruling on September 28, in another delay of proceedings in the high-profile matter.
19 September 2006 [09:06]
The State Committee for Management of Public Property has worked out number draft legal and normative document on the implementation of 23 August 2006 Presidential decree on extra measures concerning improvement of state-run enterprises management and privatization of the state properties.
18 September 2006 [20:57]
The weighted average exchange prices made up 0,8772 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 18.
18 September 2006 [18:29]
Turkey has hosted the second biggest economy summit twice in the last four months. A total of 450 businessmen and 10 ministers from 12 countries discussed new opportunities of business partnership at the Lutfi Kirdar Congress Center in Istanbul.
18 September 2006 [16:29]
US President George W Bush is calling for multilateral sanctions on Iran. Sanctions won't succeed in cowing Iran, but they will indeed have ominous consequences for the United States and the rest of the world.
18 September 2006 [16:22]
Caspian Holdings Plc, the oil and gas production and exploration Company in Kazakhstan, issues a further set of positive results from the drilling campaign at its Zhengeldy oil field.
18 September 2006 [12:48]
AZN 8.4 bln worth of manufactured goods were produced in Azerbaijan in January-August, up by 40.5% on the same period last year.
18 September 2006 [12:39]
"The present deficit is attributed to the currency flow abroad and the imbalance between currency incomes and currency expenses.
18 September 2006 [11:10]
Ambassador David Gross, the State Department's coordinator for international communications and information policy, will stay in Azerbaijan on September 21-22.
18 September 2006 [11:08]
Poland backs Azerbaijan's bid for World Trade Organization (WTO) membership and is ready to send its specialists to bring Azerbaijani laws in line with WTO standards.
18 September 2006 [11:02]
BP PLC (BP) is open to the addition of new oil suppliers for the Baku-Tbilisi-Ceyhan, or BTC, pipeline it operates, a company spokesman said this week.
17 September 2006 [02:08]
Azerbaijani workers of Chinese Excavation Company in Salyan region started a protest action.
17 September 2006 [01:54]
The Tariff Council raised the price of natural crude gas to AZN 4,37 per 1 000 cubic meters at its meeting on Saturday.
16 September 2006 [10:22]
The weighted average exchange price made up 0.8777 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
16 September 2006 [10:18]
Meeting of Azerbaijani and Southern Korean businessmen will take place in Baku on September 26.
16 September 2006 [10:14]
Azerbaijan is looking forward to Iran's answer to the proposal on start of the establishment of additional electricity stations in Astara in late September.
16 September 2006 [09:42]
Taxes Ministry Operational Control Department have to date examined 99 767 various kinds of trade facilities and found serious irregularities in 23 218 of them.
16 September 2006 [09:39]
Rural Enterprise Competitiveness Program workshop examining how to take advantage of growing agribusiness foreign trade opportunities took place yesterday.
16 September 2006 [09:33]
Azerbaijan International Operating Company exported 12 631 000 tonnes of crude oil during the period of January-August. This figure is a 4 103 000 or 48.1% rise on the same period last year.
16 September 2006 [09:29]
Azerbaijan International Operating Company (AIOC) produced 14 188 000 tonnes of oil during the period of January-August.
15 September 2006 [20:22]
A delegation led by Gunduz Mammadov, Chairman of the State Committee for Securities under the President of Azerbaijan met with the heads of large financial structures of Great Britain to attract investments to Azerbaijan.
15 September 2006 [19:59]
After the collapse of the Soviet empire, the Caspian states of Azerbaijan and Kazakhstan generated a great deal of excitement because of their oil and gas fields, about which little was known.
15 September 2006 [19:38]
At latest Azerbaijan will issue the first eurobonds in 2007 to the international capital market, said Finance Minister Samir Sharifov.
15 September 2006 [14:54]
The Finance Ministry has submitted the Draft State Budget for 2007 to the Cabinet of Ministers today, Finance Minister Samir Sharifov said.
15 September 2006 [14:36]
The Government of Azerbaijan doesn't plan to raise the price of gasoline in the domestic market, Economic Development Minister-Tariff Council chief Heydar Babayev told a media briefing today.
15 September 2006 [14:08]
The state budget of Azerbaijan will rise at least by 50 percent next year, said President Ilham Aliyev in a speech delivered before the residents of Zabrat settlement.
15 September 2006 [10:22]
ZenglerimCELL service of Azercell Telecom has been replaced with IzahatCELL since yesterday.
15 September 2006 [10:13]
The weighted average exchange price made up 0.8785 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
15 September 2006 [10:10]
Taxes Ministry Operational Control Department have to date examined 98 950 various kinds of trade facilities and found serious irregularities in 23 104 of them.
15 September 2006 [09:35]
The Micro Finance Bank of Azerbaijan (MFBA) on 13 September signed a USD 2 million loan with Triodos International Fund Management BV.
15 September 2006 [09:18]
The International Monetary Fund has raised its forecasts for global economic growth.
15 September 2006 [09:15]
The assets of Respublika Joint-Stock Commercial Bank rose 47.1 percent to AZN 85 700.8 mln during January-August.
14 September 2006 [21:51]
Fizuli Alakbarov, Azerbaijani Minister of Labor and Social Protection of Population met on September 14 with his Turkish counterpart Murat Bashesgioglu.
14 September 2006 [21:45]
On September 14, President of Azerbaijan Ilham Aliyev received at the Presidential Palace President of BP-Azerbaijan company David Woodward.
14 September 2006 [21:41]
Russia's LUKoil has discovered six new hydrocarbon fields in the Caspian Sea.
14 September 2006 [21:02]
Moody's Investors Service on Thursday assigned Azerbaijan a foreign and local currency issuer rating of "Ba1", one notch below investment grade, citing little government debt and rising revenues from oil exports.
14 September 2006 [16:38]
The first deputy chairman of Russia's central bank died in hospital early on Thursday after being shot by gunmen outside a Moscow sports stadium, a senior doctor said.
14 September 2006 [15:14]
Azerbaijan's GDP constituted AZN 10.2bn during January-August and this figure represents a 34.4% increase on the same period last year.
14 September 2006 [15:06]
Minister of Communication and Information Technologies Ali Abbasov met with Ambassador of the USA to Azerbaijan Mrs. Anne Derse to discuss participation of the U.S delegation in the BakuTel international exhibition and conference to be held in October, press service of the Ministry said.
14 September 2006 [14:52]
The anniversary exhibition in honor of the 75th anniversary of Izmir International Fair was organized in Izmir, Turkey.
14 September 2006 [14:28]
Azerfon LLC, the third GSM operator in Azerbaijan, has signed an agreement with Siemens AG of Germany for the supply, installation and commissioning of advanced network equipment required to establish the new Azerfon network in Azerbaijan.
14 September 2006 [14:27]
Employee of McDermott Company Rmail Mehbaliyev will bring the company to court.
14 September 2006 [14:05]
A consortium of BP PLC-led Western companies is set to start production at the Shah Deniz Caspian Sea gas field, energy giant BP said.
14 September 2006 [11:40]
One of the largest mobile operators of Azerbaijan Joint Venture Azercell Telecom has signed a new roaming agreement with Burkina Faso's 'Telmob' (Onatel) operator.
14 September 2006 [10:19]
2006 Annual Meetings of the World Bank and International Monetary Fund will take place in Singapore on September 19-20.
14 September 2006 [10:16]
From September 19 through 24, an international exhibition TUYAP "BURTARIM 2006" and the second exhibition "Bursa Dairy industry" will take place in Bursa (Turkey).
14 September 2006 [09:49]
The weighted average exchange price made up 0.8786 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
14 September 2006 [09:43]
Taxes Ministry Operational Control Department have to date examined 96 967 various kinds of trade facilities and found serious irregularities in 22 933 of them.
14 September 2006 [09:38]
The tender announced by SOCAR Marketing and Business Operations Department has ended.
14 September 2006 [09:29]
Grave Crimes Court today started a hearing of former six officers of Barmek-Azerbaijan Electricity Distribution LLC.
14 September 2006 [09:06]
4899.25 tonnes of agrarian goods were sold at fairs held in Baku from July 12 through September 11.
14 September 2006 [08:59]
Business workshop on the investment potential of Azerbaijan was held within the meeting of Polish-Azerbaijani intergovernmental commission on economic cooperation.
13 September 2006 [15:41]
Iran wants to build a second natural gas pipeline to energy-strapped neighbor Armenia, the Islamic republic's parliament speaker Gholam-Ali Hadad-Adel said Monday.
13 September 2006 [14:08]
800 Azerbaijani workers of McDermott Company are expected to be reduced soon. 15-20 workers have already been dismissed.
13 September 2006 [13:13]
Azerbaijan Mortgage Fund has already submitted the Government amendments to mortgage terms.
13 September 2006 [09:58]
The weighted average exchange price made up 0.8789 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
13 September 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 94 984 various kinds of trade facilities and found serious irregularities in 22 763 of them.
13 September 2006 [09:46]
Azerphone, the third mobile operator-to-be of Azerbaijan has started a trial, Deputy Minister of communications and Information Technologies Iltimas Mammadov said.
13 September 2006 [09:17]
State Oil Company of Azerbaijan (SOCAR) President Rovnag Abdullayev received yesterday Daniel Stein, NIS regional director for the US Trade and Development Agency (TDA).
13 September 2006 [09:08]
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received on September 11, 2006 Daniel Stein, NIS regional director for the US Trade and Development Agency (TDA).
12 September 2006 [20:19]
Science Applications International Corporation (SAIC) announced on Tuesday that Azerbaijan Customs has ordered additional VACIS(R) cargo, vehicle and contraband inspection systems to support its border security program.
12 September 2006 [20:10]
The southern Caucasus state of Azerbaijan is a key energy partner for European Union newcomer Poland, Polish Economy Minister Piotr Wozniak said Tuesday following talks in Warsaw with a senior Azeri government official.
12 September 2006 [15:20]
Oil prices fell to their lowest point since April, to $65.30 per barrel of crude, as the Organization of the Petroleum Exporting Countries (OPEC) met in Vienna on Monday, reporting it would keep its pumping crude unchanged at 28 million barrels per day.
12 September 2006 [10:38]
The Islamic Republic of Iran on Monday put forward a number of proposals to boost tourism cooperation among Islamic countries.
12 September 2006 [10:20]
An auction on placement of T-bills with the state registration number 10202613S was held at Baku Stock Exchange on Monday.
12 September 2006 [10:18]
The weighted average exchange price made up 0.8786 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Monday.
12 September 2006 [09:38]
Azerbaijan takes the 14th place for its economy among Eastern European countries.
12 September 2006 [09:35]
Two pipelines with 4.1 MPa and 9 MPa working pressure are planned to be built to deliver offshore natural gas of Azeri-Chirag-Guneshli and Shahdeniz to Azerigas CJSC and Sangachal Terminal.
12 September 2006 [09:32]
Negotiation on the natural gas importation between Azerbaijan and Russia are intended to be stared in late November.
12 September 2006 [09:29]
CIS Economic Council will meet in Moscow on September 15, Azerbaijani Cabinet of Ministers told APA.
12 September 2006 [09:23]
Azerbaijan Credit Unions Association (ACUA) will hold the 2nd conference on October 26.
12 September 2006 [09:22]
Baku Telephone Unity has started reconstruction of telephone exchanges in Baku in order to replace telephone numbers with 499 initial with 596.
12 September 2006 [09:21]
On Monday in Nijni Novgorod the Krasnoye Sormovo Shipyard launched Mirzagha Khalilov dry-cargo vessel built on the order of Palmali Group of Companies.
12 September 2006 [09:19]
A delegation of Cisco Systems, one of the world's leading ICT companies, is expected to visit Azerbaijan in early October.
12 September 2006 [09:18]
Turkish Foreign Trade Minister Kursad Tuzmen and a delegation of 100 businessmen are heading to the U.S to enhance the economic ties between the two countries.
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