Business
09 November 2005 [13:42]
The Ministry of Transportation informs that it plans to spend 150 billion manats on a reconstruction of roads next year.
09 November 2005 [13:37]
250 thousand insurance certificates have been brought from Turkey to be distributed among citizens working in Azerbaijan.
09 November 2005 [13:31]
Next year the Ministry of Transportation will start the renovation of Baku-Guba highway.
09 November 2005 [13:16]
New draft of law "On labor pensions" will be discussed at the first session of Milli Majlis after the elections.
09 November 2005 [13:08]
According to APA news agency on November 29 an International Currency Foundation (ICF) Mission will visit Baku.
08 November 2005 [20:10]
The government of Azerbaijan and the International Bank for Reconstruction and Development [IBRD, a structure of the World Bank] signed a credit agreement on November 8 in Baku for implementation of the second stage of the SCADA introduction project, which will enhance reliability and the quality of the power supply and the industrial objects.
08 November 2005 [20:06]
"Russia plans to open a trade representation in Azerbaijan. The body will be established by the Economic Development Ministry," Intigam Husseynov, the head of the Azerbaijan-Russian Chamber of Business Cooperation, told Trend.
08 November 2005 [16:53]
"Azerbaijan’s oil exports are predicted to jump 61 percent up compiling 22.3 million tons in 2006," informs Baku office of BP.
08 November 2005 [13:57]
The delegation of Azerbaijan State Railway Office (ASRO) will attend the 42nd meeting of Board of Railway Transport of CIS and Baltic States that will take place in Ashgabat on November 22-24.
08 November 2005 [13:36]
"Aztelecom" Production built ATS of CDMA (wireless communication) technology to accelerate the process of providing Apsheron with telephones.
08 November 2005 [13:33]
The State Oil Company of Azerbaijan Republic paid 261.6 billion manats of tax to the state budget instead of planned 246.5 billion manats.
05 November 2005 [13:31]
The President of the Asian Development Bank (ADB), Kharokhiko Kuroda starts his 8-day official tour of the Central Asia on Saturday. He will meet with the Presidents and governmental representatives to discuss the aid program of the ADB and importance of regional cooperation for further development of the Central Asian countries and poverty reduction, the Baku representation of the Bank told Trend.
05 November 2005 [13:02]
A mission of the Asian Development Bank is on the visit to Azerbaijan to discuss the East-West transport project.
04 November 2005 [16:35]
The Ministry of Taxes and Baku city Taxes Department continue with the extraordinary mobile tax inspections at facilities belonging to the "Azpetrol" group of companies. However there are known some preliminary results of the inspections that show that the company was hiding some of its profits.
04 November 2005 [12:51]
754.6 thousand tons of oil were extracted in the country last month though it was predicted to be 743.0 thousand tons.
03 November 2005 [16:53]
The press service of the Ministry of Communications and Information Technologies informs that in the period from January to September of 2005 income in the communications sphere increased by 32,9%.
03 November 2005 [16:49]
Two new electronic automatic telephone stations for 512 and 256 telephone numbers have been opened in Gakhbash and Ilisu villages of Gakh district.
03 November 2005 [14:57]
"Barmek-Azerbaijan Electricity Distribution" LLC is implementing necessary measures to avoid possible electricity problems during the November 6 parliamentary elections.
02 November 2005 [18:30]
A number of proposals from the Azerbaijan's Leasing Companies Association are reflected in the country's Tax Code.
02 November 2005 [15:49]
The Association of Geophysics and Engineering Geology of the State Oil Company of Azerbaijan published results of its recent researches.
02 November 2005 [15:37]
The State Customs Committee (SCC) superfluously fulfilled prognosis of ten months of the current year.
02 November 2005 [15:22]
Oil supplies at Azeri-Chirag-Gunashli are bigger than they were predicted by earlier explorations.
02 November 2005 [15:14]
In the period from January to October 2005 Gasexport ltd, a branch company of Gasprom, has delivered 3.78 billions cubic meters of gas to Azerbaijan against 3.93 billion cubic meters over 10 month of 2004, Azeriqaz JSC told Trend.
02 November 2005 [15:04]
The 11-th International Exhibition «Healthcare -BIHE 2005” started on 2 November at the Heydar Aliyev Sports and Exhibition complex.
01 November 2005 [15:15]
Communication establishments in the Autonomous Republic of Nakhchivan rendered services to the enterprises and organizations, as well as the population in the volume of 8189.1 millions manats for the last nine months of this year and it is 20.9% more in comparison with the corresponding period of the last year.
01 November 2005 [15:10]
More than 3.5 millions barrels of oil were loaded into the Baku-Tbilisi-Ceyhan pipeline and one third of it has been filled with oil.
01 November 2005 [14:09]
The volume of the money supply in circulation was 4193.7 billions manats on October 1 of the current year.
01 November 2005 [14:05]
The "Aztelekom" Production Union of the Ministry of Communication and Information Technologies has brought a suit against 776 juridical and physical persons during this year.
31 October 2005 [18:50]
From 24 to 28 October URAL(EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $52.91 per barrel or dropped $0.47 barrel, or 0.9%, as compared the last week.
31 October 2005 [18:40]
Connection of the national post operator of Azerbaijan to the international electron money orders system (STEFI) with the assistance of the Ministry of Communication and Information Technologies is yielding its successful results.
31 October 2005 [14:15]
The "Bakcell" Company in the frame of the “Let us change and develop” campaign is implementing works on expansion of its service coverage area in districts of Azerbaijan .
31 October 2005 [14:06]
New 8th well was put into operation in the Central Azeri field.
31 October 2005 [14:02]
Nakhchivan AR representation in Baku stated that for the last nine months 4946.7 thousands tons of freight and 30070.7 thousands passengers were transported by physical persons working in transportation sphere in the Nakhchivan Autonomous Republic.
31 October 2005 [14:01]
"Azeri light" oil’s price went up for 1.70 dollars and became 61.30 dollars per barrel on the world market.
31 October 2005 [12:38]
"The new “A-319” airplane brought to Baku on October 29 will be firstly used for flights to Dubai and Kiev," informed the deputy of general director of "AZAL" State Company, chairman of Coordination and Foreign Relations Office Arif Mammadov.
29 October 2005 [18:15]
"The Ministry of Communications and Information Technologies plans to lower tariffs for usage of fiber optical communications that were installed in the Republic within the Trans-Asia-Europe project," informed the Minister of Communication Ali Abbasov.
29 October 2005 [14:59]
The ceremony of the second A-319 airbus commissioning that arrived in Azerbaijan took place at the Heydar Aliyev international airport in Baku on 29 October 2005.
29 October 2005 [11:42]
The general volume of assets of Bank Standard formed 479 milliard 4 million manats during last 9 months. This is 93 milliard 266 million manats or 24 % more in comparison with the same period of the previous year. APA was informed about it from the Bank Standard.
29 October 2005 [11:36]
The auction on secondary placement of T-bills with the state registration number 10601508S will be held in Baku Stock Exchange (BSE) on from 11.00 till 12.30 on November 1, in accordance with the contract signed between the BSE and Finance Ministry.
29 October 2005 [11:34]
"Azercell Telecom" JE concluded a roaming contract with the "Nawras" operator of Oman.
28 October 2005 [23:20]
In late 2005 the shareholders of the project on development of D-222 bloc in the Azerbaijani sector of the Caspian Sea will hold a meeting to discuss the further plan and work schedule informs Trend news agency.
28 October 2005 [22:03]
The members of the CIS Electric Power Council met in Tbilisi, Georgia on Friday, October 28 signing an agreement on common electric power market.
28 October 2005 [21:31]
"VISA International" will implement several projects in Azerbaijan. Among them are implementation of Visa 3-D Secure Authentication technology and phone banking.
28 October 2005 [17:21]
An auction on placement of short-term notes of the National Bank with the 50100511S state registration number was held at the Baku Stock Exchange (BSE) today.
28 October 2005 [16:28]
The next 13 session of Black Sea Economical Cooperation Organization Council of Ministers [BSEC CM] will be held in Chisinau, Moldova tomorrow, October 29. Azeri delegation led by the deputy of the Minister of Foreign Affairs Mahmud Mammadguliyev will also attend the session.
28 October 2005 [13:36]
Press service of "AZAL" state airways informs that the flight will open somewhere in the midst of next month.
28 October 2005 [12:13]
A meeting of chiefs of transportation administrations of Azerbaijan, Georgia and Kazakhstan will be held in Aktau, Kazachstan on Friday, October 5 under the Europe-Caucasus-Asia transport corridor project.
27 October 2005 [21:02]
The hot clashes between Azeri Internet providers continue while the Minister of Communication and Information Technologies tries to bring peace and equilibrium between the rivals.
27 October 2005 [17:57]
Representatives of the AZAL State Airlines left Baku today and are on their way to France where they will receive the second airbus
?-319 manufactured by the Airbus Industries international air concern.
27 October 2005 [13:27]
After moving downward the prices finally start to climb up.
27 October 2005 [12:57]
The BTC construction works are at the final stage. "The oil will flow in Ceyhan late 2005," promise BTC executives.
26 October 2005 [19:01]
The first Caspian International Information Communication Technologies (ICT) Conference will be held in the frame of the 11th International Telecommunication and Information Technologies Exhibition on October 27.
26 October 2005 [14:50]
For the 9 months of the current year the premium of the Azerbaijan’s insurance companies constituted 346,35 billion AZM.
26 October 2005 [13:41]
The first large equipment consignment for the Astara Module Power Station (MPS) arrived in a port of Baku from Finland.
25 October 2005 [19:09]
From 17 to 21 October URAL(EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $53.38 per barrel or dropped $1.70 barrel as compared the last week.
25 October 2005 [17:20]
The price for AZERI LT CIF on 21 October was $57.90 per barrel (dropped $0.29 per barrel as compared to the previous price).
25 October 2005 [14:33]
State Oil Company of Azerbaijan started drilling a new well on the “Govsan” oil field with a designed depth of 3700 meters. About 200 meters have been drilled alreadyby the moment. The daily average drilling speed is 50 meters.
25 October 2005 [14:23]
The “Shah Ismayil” tanker has already reached Baku. It is the third, tanker under a project 19619. Shah Ismayil Khatai was built at the Krasnoye Sormovo shipyard, in the regional city of Nizhniy Novgorod, Russia.
25 October 2005 [13:16]
“The request made to the Cabinet of Ministers by “Bayva Energy” Management Center on canceling its contract has not been replied yet”, said the chief of press and law service of “Bayva” Tahir Alirzayev.
24 October 2005 [18:39]
Internet Service Providers of Azerbaijan, declaring on October 20 a complete blockade of addresses belonging to Azeronline and stopping e-mail exchange with Azeronline, decided temporarily to stop it due to November 6 elections. They also announced an ultimatum to Azeronline promising to continue the blockade if Azeronline does not change its policy.
24 October 2005 [15:29]
“Over the last nine months Azeriqazbank (AGBank) reached considerable increase of financial outputs,” says a press release of the bank. The assets of AGBank grew 69.8 billions manats and comprised 262.7 billions.
24 October 2005 [13:48]
The French government has voiced its readiness to finance a purchase of an equipment for airports in Ganja and Nakhchivan through approval of a loan for purchase of navigation devices.
24 October 2005 [13:45]
Azerbaijan agreed with the proposal of Egypt on opening of new flight between two countries. The aggrement was achieved as a result of repeated meetings of Yusif Ahmad Al-Sharkavi, the Egyptian Ambassador to Azerbaijan, with the head of AZAL Air Lines Company.
24 October 2005 [11:31]
“Azerbaijan soon will turn into a rich country,” Samir Sharifov, the Executive Director of the State Oil Fund of Azerbaijan (SOFAR), said during the meeting of the Consultative Commission of the Extractive Industry Transparency Initiatives (EITI) recently held in Washington.
22 October 2005 [14:54]
Azerbaijan and Kazakhstan are about to sign an agreement on Kazakhstan pumping its oil through the Baku-Tbilisi-Ceyhan pipeline.
22 October 2005 [13:42]
“The expenses envisaged in the public budget for 2006 were increased on some spheres,” said Avaz Alakbarov, the Finance Minister on the Parliament’s Friday meeting.
22 October 2005 [13:33]
The process of installing new electric-meters in apartments and houses of Ganja inhibitants is implemented on 70 percents.
22 October 2005 [00:56]
This information was spread on October 20 in the press release of the Project of Leasing Development in Azerbaijan, implemented by International Finance Corporation (IFC – a group of World Bank)
22 October 2005 [00:27]
20.10.2005. BAKU. XI International Telecommunication and Information Technologies Exhibition will be held in Baku on October 26-29.
22 October 2005 [00:17]
The government of Azerbaijan plans to sign an agreement on Alat-Astara highway project with the International Bank of Reconstruction and Development (IBRD) and the Asian Development Bank in 2005. Azerbaijan plans to bore around $300millions from the World Bank (WB) and $100millions from the ADB.
21 October 2005 [18:33]
Azpetrol rejects incorrect press reports stating that the Company's bank accounts have been frozen.
21 October 2005 [17:04]
Azerbaijan is going to participate in the XI Packaging Industry exhibition that will take place in TUYAP Istanbul Exhibition Center on November 9-13.
21 October 2005 [12:11]
Today general director of the BTC Company and the head of the State Oil Company of Azerbaijan Republic [SOCAR] announced that the BTC Co. will not delay the oil shipment.
20 October 2005 [20:26]
Azerbaijan is going to be represented at "World Travel Market" exhibition in London and "The First Tourist Exhibiton of the Countries of the Organization of Islamic Conference" in Istanbul
20 October 2005 [11:39]
David Woodward, the head of BP-Azerbaijan explains that delay was caused by construction difficulties in Turkey. However BP-Azerbaijan plans to catch up with the schedule.
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