Business
02 August 2006 [09:58]
Azerigas CJSC plans to develop an action program for addressing problems in the supply of the country with gas, the issue was discussed at Azerigas Board meeting today.
02 August 2006 [09:29]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN weighted average rate was AZN 0.8869/USD.
02 August 2006 [08:53]
The Taxes Ministry has already developed the draft of Tax Terminals to be established in region centers and submitted the draft to the Government.
02 August 2006 [01:00]
Emergencies Minister, Colonel-General Kamaladdin Heydarov today received Peter Thomson, manager of the World Bank Infrastructure and Energy Sector for Europe and Central Asia.
02 August 2006 [00:47]
The first oil production from East Azeri, part of the huge Azeri-Chirag-Guneshli (ACG) group of fields in the Caspian Sea, is expected towards the end of 2006, months ahead of plan, ACG Norwegian partner Statoil said.
02 August 2006 [00:27]
Budget revenues of the State Oil Fund in H1 2006 reached AZN 449.4 mn, while budget expenditures constituted AZN 314.4mn, the Fund executive director Shamar Movsumov told at the media briefing on Tuesday
02 August 2006 [00:17]
Russian Aluminum, the world's third-largest aluminum producer, will complete a feasibility study into the possible construction of a smelter in Azerbaijan by the end of the year, a company spokeswoman said Tuesday.
01 August 2006 [15:33]
The intergovernmental commission on commercial, economic, scientific-technical and cultural cooperation between Azerbaijan and Tatarstan has met for the first time in Baku today.
01 August 2006 [13:34]
Ministry of Ecology and Natural Resources (MENR) of Azerbaijan has raised claim in the amount of 50 mln manat for damage to environment against Shirvan-oil Operating Company, which is busy with exploration of Kurovdag deposit.
01 August 2006 [10:12]
SOCAR has proposed AIOC to transport SOCAR crude oil via Baku-Tbilisi-Ceyhan oil pipeline.
01 August 2006 [09:29]
Azerbaijani Mortgage Fund intends to increase the number of the authorized banks.
01 August 2006 [09:25]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN weighted average rate was AZN 0.8871/USD.
01 August 2006 [09:10]
AtaHolding Group of Companies is negotiating with Swedish Ericsson on development of regional communications service.
31 July 2006 [18:10]
The World Bank is pumping $21.6m into Azerbaijan's judicial system after it emerged that petroleum multinationals and other international companies have little faith in the local judges.
31 July 2006 [18:06]
While Israel's energy market has felt temporary effects of the three-week-old conflict with Hezbollah, such as a spike in gasoline prices and reduced operations at the Haifa oil refinery, the country's long-term energy plans remain intact, experts say.
31 July 2006 [15:09]
International Monetary Fund experts forecast that the US economy growth rate will slow and US dollar will fall by 15-35%.
31 July 2006 [12:46]
"Kars-Akhalkalak-Tbilisi is an economic project. An economic project within the time gets over the political obstacles."
30 July 2006 [14:48]
30 July 2006 [14:47]
The equipment for the digital television will be produced in Azerbaijan.
30 July 2006 [14:42]
According to the State Customs Committee, of 87,421 cargo customs declarations, 19 277 ones were import declarations while 68 144 one were related to export operations.
30 July 2006 [03:44]
Regular meeting of the Azerbaijan-Turkey intergovernmental economic commission ended July 28 in Baku with the signing of the final protocol by co-chairs Deputy Prime Minister of Azerbaijan Abid Sharifov and State Minister of Turkey Mehmet Aydin.
30 July 2006 [03:42]
There will be no problems with construction of the Kars-Akhalkalaki-Tbilisi-Baku railway, deputy Prime Minister Abid Sharifov said.
30 July 2006 [03:40]
President of Azerbaijan Ilham Aliyev today visited Narimanov district in Baku to view the agricultural products trade fair organized here at the warehouse of the Joint Stock Company Baki Takhil.
29 July 2006 [09:10]
Taxes Ministry Operative Control Department found 3109 irregularities in 7100 facilities in the examinations since July 24.
29 July 2006 [09:08]
The results of an extensive survey, conducted in 2005, based on interviews with tens of thousands of businesspeople throughout Eastern Europe and the former Soviet Union who were asked to assess the scale of corruption, was released by World Bank.
28 July 2006 [20:17]
Chirag company is about to complete construction of the five-star hotel in Ganja province.
28 July 2006 [20:09]
Natig Aliyev, Azerbaijani Minister of Industry and Energy met July 26 with Alan Waddams, special envoy of the European Commission to Azerbaijan.
28 July 2006 [20:05]
The weighted average exchange prices made up 0,8882 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 28.
28 July 2006 [19:27]
A protocol on the results of the meeting Azerbaijani-Turkish intergovernmental commission on economic cooperation was signed on Friday.
28 July 2006 [19:21]
A scandal between the Barmek-Azerbaijan Electricity Distribution LLC and the Azerbaijan government was not discussed at the third meeting of the Turkey-Azerbaijan intergovernmental economic commission in Baku, the commission co-chair from Turkish side, state minister Mehmet Aydin said.
28 July 2006 [14:06]
The three-day show has been organized by Azerbaijan Automobile Dealers' Association.
28 July 2006 [01:24]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN weighted average rate was AZN 0.8882/USD.
28 July 2006 [01:23]
A delegation headed by Accounts Chamber of Azerbaijan, Namiq Nasrullayev will visit China to attend ASOSAI's 10th session.
28 July 2006 [01:18]
Transport Ministry is monitoring bus fare in Baku.
28 July 2006 [01:08]
Azerbaijani industry and energy minister, Natig Aliyev has received Mark Henstridge, the Head of the BP's Macroeconomics Department.
28 July 2006 [00:57]
Bank Respublika JSC of Azerbaijan has opened its office in Ganja.
28 July 2006 [00:51]
Through investment competitions Azerbaijan Committee on Management of State Property implemented privatization of Oguz Sharab, Siyazan Sharab, Salyan Plastik Kutle Refinery, Khanlar Agrosenaye, Baku Telegraph, Sumgait Production, Ganja Industry Equipment, Azerbaijan Hotel and Mingechevir Isolate.
28 July 2006 [00:46]
Azerbaijani and Iranian national energy departments - Azerenergy and Tavanir agreed upon enhancement of bilateral cooperation and mutual relationship in Baku.
27 July 2006 [22:13]
The oil-rich country discusses the economic impact of its sudden new wealth.
27 July 2006 [16:20]
Governments of Azerbaijan and Turkey are resolute on Baku-Tbilisi-Akhalkalak-Kars-Kars railway.
27 July 2006 [15:17]
Container shipping Poti-Baku-Aktau-Almaty up to "Dostyk" station may be resumed in the next few months.
27 July 2006 [10:26]
Azerbaijani trade with faraway country yielded favorable balance of $1.1699868mn and trade with CIS countries resulted in unfavorable balance of $363.5673mn during the first year of the year.
27 July 2006 [10:23]
July 24 placement of T-bills of Ministry of Finance with the state registration number 10301913S was held at Baku Stock Exchange.
27 July 2006 [10:16]
During the first half of the year Azerbaijani insurance institutions could collect insurance fees of AZN 43.6mn which respects a 0.66% decrease as against the same period of last year.
27 July 2006 [09:32]
Having been built in Krasnoye Sormovo Shipyard in Nijini Novgorod, Russia, Koroghlu Tanker will be delivered to Azerbaijan State Caspian Sea Shipping Company in a few days.
27 July 2006 [09:28]
State Statistical Committee intends to obtain technical assistance from International Monetary Fund in order to improve calculation mechanism of shadow economy in Azerbaijan.
27 July 2006 [09:14]
Favorable balance equaled US$806.4196 mn in export-import of Azerbaijan during the first half of the year. Residents and nonresidents carried out trade operations of 5 041.6986mn during this period.
27 July 2006 [02:37]
Ukraine's state-owned oil pipeline company, Ukrtransnafta, has paid back a $108 million loan to the Russian-British joint venture TNK-BP ahead of schedule, freeing it of its obligations to transport Russian crude through the geopolitically sensitive Odessa-Brody pipeline in reverse mode and renewing Western hopes of getting Caspian oil to Europe around Russia.
27 July 2006 [02:21]
The top executives of BP, chastened by a string of safety, environmental and legal problems in their American operations, pledged Wednesday to restore credibility by bringing in outside experts, being more transparent and investing more heavily in safety and maintenance.
26 July 2006 [22:53]
The number of those taken accountable during examination in Barmek maw rise, Nazim Abbasov, Head of Department Fighting Corruption of General Public Prosecutor's Office stated.
26 July 2006 [22:27]
Ministry of Taxes Operative Control Department conducted examination in 4 200 facilities and found 1564 irregularities and frauds.
26 July 2006 [21:56]
"Foreign expert invited by Barmek will soon arrive in Azerbaijan to calculate the investment Barmek has to date made in Azerbaijan," Barmek President Huseyn Arabul stated.
26 July 2006 [13:54]
10 tens of oil has been stolen from the Baku-Tbilisi-Ceyhan main export pipeline section near Ceyhan district of Adana, Turkey.
26 July 2006 [13:50]
Finance Ministry conducted examination of efficiency of spending of budget-allocated means for the first half of the year.
26 July 2006 [09:45]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN weighted average rate was AZN 0.8881/USD.
26 July 2006 [09:41]
AtaHolding Group of Companies intends to carry out a project on alternative energy source.
26 July 2006 [09:03]
During January-June Taxes Ministry delivered AZN 1 027 059 300 to the state budget which means beating the forecast with a rise of ZN 41 459 300.
26 July 2006 [09:00]
Today in Baku Innovation Technologies Center (BITC) two day seminar "Russia Azerbaijan innovation cooperation, development perspectives" is held in Baku.
26 July 2006 [08:33]
Bank Respublika JSC has prolonged the monthly lottery campaign for 6 more months and the next winners will be announced August 15.
26 July 2006 [08:30]
USD 8.81 was transferred through Azerdemiryolbank JS in the first half of the year which represents an increase of 11 times as against last year respective period.
26 July 2006 [01:23]
For over a decade, its many detractors referred to it mockingly as the "pipeline to nowhere."
25 July 2006 [23:49]
A leading Azerbaijani bank plans to step into the Georgian banking sector, announcing on Monday that it envisages establishing a daughter company in Georgia.
25 July 2006 [22:13]
Natural gas import from Russian to Azerbaijan suspended for two days.
25 July 2006 [10:17]
According to the results of the trading sessions in the currency section of the Baku Interbank Currency Exchange (BICEX), USD/AZN weighted average rate was AZN 0.8884/USD.
25 July 2006 [10:10]
The US ICT companies are keen on making investment in Azerbaijan, Minister of Communications and Information technologies Ali Abbasov stated.
25 July 2006 [09:24]
International Bank of Azerbaijan has no probems in its activities and it continues to work normally.
25 July 2006 [09:19]
The placement of short-term notes of NBA with the state registration number 50103012S will be held at Baku Stock Exchange July 26.
25 July 2006 [09:14]
Agreement on removal of double taxation on income and capital reached by Azerbaijan and Latvia will come into the force next year.
25 July 2006 [08:34]
GDP of Azerbaijan is forecasted to rise by four times in 20 years. If the GDP is forecasted to be $17bn for 2006, the anticipation will reach $70bn by 2025.
24 July 2006 [22:01]
Baku Taxes Department started large-scale measures from today, it was said at a press conference in the Taxes Ministry.
24 July 2006 [12:12]
The Azeri-Turkish intergovernmental economic commission will hold its next meeting in Baku July 27-28, according to press service of the Turkish Embassy in Baku.
24 July 2006 [12:06]
Central Azeri (CA) oil platform is currently producing from ten pre-drilled production wells, according to press service of the BP Azerbaijan.
24 July 2006 [12:03]
Negotiations between Azeri Duet Auto and American Sound Stream Company stopped.
24 July 2006 [11:50]
The World Bank may allocate the Government of Azerbaijan for development of accounting system. The sides are negotiating on components of the project.
24 July 2006 [08:57]
The extractions from the Merkezi Azeri, Gerbi Azeri and Chirag platforms are more than estimated. President of the BP-Azerbaijan company David Woodward told journalists.
Crazy Macro Mania on: the whole truth about relations between Baku and Paris
Who is actually destroying relations between Baku and Tehran? About the silly excuses of the Iranian propaganda
Kuwait Amir expresses condolences over Azerbaijan Airlines plane crash in Kazakhstan
President Ilham Aliyev's interview reveals Azerbaijan's economic strength & strategic vision
MFA says Azerbaijani ships forced into Eritrean waters due to severe weather conditions
Mirzoyan wants to lay down rails between Azerbaijan and Turkiye
Azerbaijan aims for direct connection amid Iran's changing stance on Zangazur