Business
08 February 2006 [14:53]
?urkey started talks on Turkmenistan gas deliveries, Turkish Minister of Energy and Natural Resources Hilmi Guler told journalists before his flight to the USA, where discussions of issues related to the Caspian energy carriers deliveries to Turkey and further to European markets are planned.
08 February 2006 [14:51]
The workers' wages raised 25% on February 1, informed Rovnag Abdullayev, the president of State Oil Company of Azerbaijan (SOCAR).
08 February 2006 [14:30]
Samir Nabiyev, Anar Badalov and Vusal Jafarov, persons who were fired by McDermott's contractor company PCH are ready to take legal actions against company's management.
08 February 2006 [11:48]
Last year Azerbaijan exported 61% more of its non-oil production, comparing with 2004.
08 February 2006 [10:05]
One more worker was dismissed from the McDermott Company.
07 February 2006 [20:17]
State Concern cancels flights to Dehli and Karachi.
07 February 2006 [15:06]
The Azercell Telecom plans to invest $93,572,000 in the communication field in 2006, the JV head Serdar Djanogullari said today at the news briefing.
07 February 2006 [03:58]
As of the beginning of the current year, total volume of deposits of juridical and natural persons in banks operating in the republic increased by 25.6% to AZN 1288.02 million.
06 February 2006 [20:46]
The winner of the investment competition on privatization of 99.34% of shares of Siyazan-Sharab JSC, announced by the State Committee on Governance of State Property, became Jahandar Company.
06 February 2006 [20:19]
International Finance Corporation (IFC) has prolonged duration of Azerbaijan Leasing Development Project for another year.
06 February 2006 [19:20]
Azerbaijan has cut off delivery of natural gas to Georgia since yesterday.
06 February 2006 [19:04]
Azerenerji JSC supposes to establish two groups to construct module power stations simultaneously taking into consideration short terms of construction.
04 February 2006 [15:30]
The oil policy and strategy of Azerbaijan have been discussed in Berlin at the international conference "Opportunities for application of socio-economic and political strategy of Norway in the Caspian region."
04 February 2006 [15:02]
On the results of 2005 the profit of the International Bank of Azerbaijan comprised 105,308bn manats, or 41.1% more as compared 2004.
03 February 2006 [18:53]
The Fifth sitting of the state commission on Azerbaijan joining the World Trade Organization has been held today at the Baku business centre. The sitting was chaired by the Minister of Economic Development Heydar Babayev.
03 February 2006 [16:29]
Barmek Azerbaijan, the energy distributing company, is ready to implement 10-year investment program in 2 years.
03 February 2006 [16:19]
Azerbaijani President Ilham Aliyev participated in an opening ceremony of a module station in Astara District, south Azerbaijan, on Friday.
03 February 2006 [03:35]
"Zaminbank" OJSC increased its assets by 32.6% during the past year to AZN 15.956 million by the beginning of 2006.
03 February 2006 [03:17]
The Azerbaijan Microfinance Bank (AMFB) increased its assets by 2.3 times in 2005 to AZN 20.39 million by the beginning of the current year.
03 February 2006 [03:08]
24 banks participated in auctions held in the currency section of the Baku Interbank Currency Exchange (BICEX) in January, 2006.
03 February 2006 [02:54]
Numbers of the CDMA operator CATEL Azerbaijani-American Joint Venture (JV) will start from 200.
03 February 2006 [02:37]
The "Standard Insurance" Company collected AZN 6.2 million (AZM31 billion or $6.8 million) of insurance premiums last year and it exceeds the previous year's indicator twice.
03 February 2006 [02:21]
An international investment conference, planned to be held by Islamic Development Bank (IDB) in Baku in April, was postponed to the end of the current year.
02 February 2006 [17:29]
The largest tobacco producer in the South Caucasus region, European Tobacco Baku, has invested $60 million in Azerbaijan so far, its head, MP Rufat Guliyev has said.
02 February 2006 [16:21]
The Baku Interbank Currency Exchange (BICE) determined five leading operators of the hard currency exchange market on the results of trading in currency section of BICE in January 2006.
02 February 2006 [16:14]
In 2005 the exchange-rate of the national currency in regard to U.S. dollar consolidated by 6.72%.
02 February 2006 [16:10]
AZAL State Air Company signed a memorandum with the British company Intercontinental Hotels Group on transfer to management of the first of Holiday Inn hotels in Azerbaijan.
02 February 2006 [16:06]
UniLeasing completed the first project on transfer the leasing object (motor transport) to the ownership of the leasor.
02 February 2006 [10:52]
A ceremony of presentation of the "Tax Prize" instituted by the Turkish Industrialists and Businessmen Association (TUSIAD) will be held on February 17.
02 February 2006 [10:35]
The compulsory reserve norm on deposits with a period more than 1 year has been increased from 0% to 10% from February 1 according to the decision issued by the Board of the National Bank of Azerbaijan (NBA).
02 February 2006 [10:15]
Next meeting of the state commission on Azerbaijan’s admission to the World Trade Organization (WTO) will be held on February 3.
02 February 2006 [10:06]
The Baku Steel Company has already resumed production by 100% yesterday.
02 February 2006 [10:03]
An auction on placement of short-term public bonds of the National Bank of Azerbaijan (NBA) with the state registration number 50100512S was held in the Baku Stock Exchange (BSE) yesterday.
02 February 2006 [10:00]
As the Ministry of Finance reports, the state budget receipts were implemented in AZM10.028 trillion or 100.5% level and it exceeds the 2004 figure by 43.5%.
02 February 2006 [09:58]
Marlen Asgarov gives explanations.
02 February 2006 [09:49]
The Oil-and-Gas production Unit (OGPU) named after A.J.Amirov extracted 465 thousand cubic metres of additional gas against 2 million 570 thousand cubic metres of gas extraction stipulated in the plan last month.
02 February 2006 [09:45]
Over 504 thousand retirees (37% of all pensioners) are paid their pensions and pension benefits by means of plastic cards in Azerbaijan at present.
02 February 2006 [09:40]
There are several incomprehensible details in the third report "On gross receipts derived by the Government of Azerbaijan Republic from the extractive industry" audited by the AGN Mak Company.
02 February 2006 [09:28]
The delegation of the Ministry of Transport will attend a seminar on application of digital topography in motor transport to be held in Moscow on March 2-3.
02 February 2006 [09:15]
The Ministry of Finance is currently conducting inspections in the Ministry of Health and Ministry of Economic Development.
02 February 2006 [09:09]
Deputy Minister of Transport Musa Panakhov talks about the project.
01 February 2006 [22:45]
2 more ships to be added to Azeri merchant fleet.
01 February 2006 [21:46]
"Plastic cards development" workship took place in Baku
01 February 2006 [17:03]
First stage of construction is over.
01 February 2006 [11:23]
"No need to raise fees in passenger carrying transport means," said Heidar Babaev, Chairman of the Tariff Council.
01 February 2006 [03:36]
The Joint Venture (JE) Azercell-Telecom was awarded with the "Ughur-2005" prize on two nominations.
01 February 2006 [03:01]
A ceremony of signing an agreement between the Sumitomo Mitsui Banking Corporation and International Bank of Azerbaijan (IBA) on lending credit in amount of $15 million to IBA will be held in Baku today.
01 February 2006 [02:24]
Representatives of the Azerigas Close Joint-Stock Company (CJSC) together with their Georgian counterparts are participating in the trilateral negotiations in Tehran concerning delivery of Iranian gas to Georgia through the territory of Azerbaijan.
01 February 2006 [02:17]
Kharkov State Aviation Production Enterprise (KSAPE) which produced the plane AN-140-100 will give no comment until the commission investigating the causes of the plane crash happened in Baku on 23 December gives its opinion.
01 February 2006 [02:10]
Receipts and expenditures of the state budget totaled AZN 1844.9 million and AZN 1867.7 million respectively in January-November of the past year and AZN 22.8 million of deficit (0.2% of GDP) occurred in implementation of the budget.
01 February 2006 [02:06]
Country's population income increased by 27% during 2005 in comparison with 2004 and reached AZN 7792.3 million and volume of per capita income increased by 25.7% to AZN 942.
01 February 2006 [01:48]
The National Confederation of the Entrepreneurs Organization of Azerbaijan Republic (AEC) will hold a one-day seminar concerning additions and changes made to the Tax Code on February 7.
01 February 2006 [01:45]
Georgia returns electricity received from Azerbaijan back in volume of 100 thousand kWh on certain days.
01 February 2006 [01:34]
The Caspian Shipping Company (CSC) continues negotiations with the Russian party in a governmental level for the purpose of receiving Russia's consent for navigating in its internal waters.
01 February 2006 [01:28]
The Chamber of Accounts (CA) of Azerbaijan plans to sign bilateral agreements on cooperation with the Chambers of Accounts of Ukraine and Kazakhstan this year.
01 February 2006 [01:11]
Total volume of insurance premiums collected by the Ateshgah Azerbaijan-Russia Insurance Company during 2005 totaled AZN 11.912 million and it is 7% less than the previous year figure.
01 February 2006 [01:07]
The Azerkimya State Company (SC) plans to start secondary production of waste paper soon.
01 February 2006 [01:00]
Repair works carried out in the 100th sector of the cracking unit of the Baku Oil Refinery named after H.Aliyev are about to complete.
01 February 2006 [00:57]
Medicines produced in Azerbaijan will be exported to Uzbekistan soon.
01 February 2006 [00:40]
It is planned to hold a regular annual conference on development of leasing in Azerbaijan within the first ten-days of February. The Leasing Development in Azerbaijan Project of the International Finance Corporation (IFC) and Association of Leasing Companies of Azerbaijan are the organizers of the event.
01 February 2006 [00:38]
A delegation consisting of Azerbaijani businessmen is expected to visit Kazakhstan and Afghanistan in February this year.
31 January 2006 [06:43]
Abdolbari Goozal, President of the Azersun Holding Group of Companies and Ahmet Yeman, Vice-President of the Holding were elected the winners of the "Ughur-2005" prize constituted by the "Consulting & Business" journal of Azerbaijan.
31 January 2006 [06:16]
A regular auction on placement of short-term notes of the National Bank of Azerbaijan will be held in the Baku Stock Exchange (BSE) on February 1.
31 January 2006 [06:04]
The Ministry of Taxes plans to attract all tax debts from taxpayers to the state budget this year and is currently reanalyzing the structure of tax debts.
31 January 2006 [05:46]
Azerbaijan will also attend an international tourism exhibition to be held in Masgad city of Oman Sultanate from January 31 to February 2.
31 January 2006 [05:43]
A license given to the Capital Investment Bank for getting to dealer activity was considered invalid.
31 January 2006 [05:41]
The State Committee for Securities (SCS) registered emission prospectus of ordinary registered stocks of the Royal Bank of Baku Open Joint-Stock Company (OJSC).
31 January 2006 [05:34]
Tariffs of postal services are not intended to be raised during this year.
31 January 2006 [05:31]
Wireless communication system based on the CDMA technologies is established in the Autonomous Republic of Nakhchivan (ARN).
31 January 2006 [05:27]
Enterprises and organizations operating in the territory of the republic will be able to send their financial reports to the State Social Protection Fund (SSPF) via mail till the end of the current year.
31 January 2006 [05:16]
Positive balance in amount of $146483.6 thousand occurred in foreign trade turnover of Azerbaijan last year. Volume of export and import operations increased by 20.23% and 19.46% respectively, in comparison with 2004.
31 January 2006 [04:49]
The leading economist of the World Bank (WB) on Southern Caucasus Christian Petersen started negotiations with the government of Azerbaijan on the project "Strategy for cooperation with the country".
31 January 2006 [04:45]
Assets of the "Respublika" Joint-Stock Commercial Bank (JSCB) increased by 97.5% during the past year and totaled AZM 291.4 billion (AZN 58.3 million) by January 1, 2006.
31 January 2006 [04:13]
The Trade Chamber of France is expected to start its activity in Azerbaijan soon. Registration documents of this Chamber consisting of French organizations operating in our country or participating in projects implemented in the republic are currently examined in the Ministry of Justice.
31 January 2006 [03:50]
A delegation led by chair of the Accounts Chamber Namig Nasrullayev will visit Kuwait within the first half of March.
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