Business
12 September 2009 [09:57]
Following rather high global demand for oil under excess of crude on the market, OPEC decided to maintain oil output quotas at a meeting in Vienna.
12 September 2009 [08:36]
UK Minister of State for the Department of Energy and Climate Change Lord Hunt will be visiting Azerbaijan on Sept. 15-17.
11 September 2009 [14:33]
John Mack, who struggled to return Morgan Stanley to profitability after surviving the worst financial crisis since the Great Depression, will turn over his chief executive officer title to Co-President James Gorman, Bloomberg reported.
11 September 2009 [13:54]
China International Oil & Gas Conference (CIOGC 2009) will be held at the Dongying Huanghe International Exhibition & Conference Center in China on Sept.18-19.
11 September 2009 [12:27]
Next week, the Baku Metro will receive five new carriages made at the Russian Metrovagonmash OJSC, a source at the Baku Metro said.
11 September 2009 [08:34]
10 September 2009 [17:13]
Azerbaijan President Ilham Aliyev has received First Executive Vice President of Ericsson company Hans Vestberg.
10 September 2009 [16:14]
A presentation of Doing Business 2010: Reforming through Difficult Times, the seventh in a series of annual reports published by IFC and the World Bank, was held in Baku on Sept. 10.
10 September 2009 [15:40]
Azerbaijani national has become one of the leaders of the World Bank, largest financial organization worldwide.
10 September 2009 [14:16]
Azerbaijani Railway Office's (ARO) revenues totaled 4.2 million manat in January-July, ARO chief said in an interview with state media.
10 September 2009 [11:51]
Azerbaijan moves up an impressive 18 places to rank 51st this year, with measurable improvements across many aspects of the Index, said in the Global Competitiveness Report 2009-2010 disclosed by World Economic Forum (WEF).
10 September 2009 [10:48]
OPEC on Thursday decided to leave its production quotas unchanged, opting to take a cautious approach in a market awash in crude and a global economy still in the nascent stages of recovery, AP reported.
10 September 2009 [09:58]
Azerbaijan, Turkey and Israel will produce armored vehicles jointly.
09 September 2009 [15:25]
Azerbaijan has ranked 38th in the ranking of favorable conditions for entrepreneurial activity according to the World Bank and International Finance Corporation (IFC) "Doing Business 2010 Reformers in Difficult Times" joint report, the IFC Baku office said.
09 September 2009 [11:43]
09 September 2009 [11:03]
There are no problems in terms of construction of the Baku-Tbilisi-Kars railway which will connect Azerbaijan, Georgia and Turkey, Chief Engineer at the Azerbaijani Railway Office Gurban Nazirov said.
08 September 2009 [17:56]
08 September 2009 [16:17]
Azerbaijan ranks 51st at a rating of competitiveness for 2009-2010.
08 September 2009 [15:32]
Earthquake that occurred in Georgia on Sept. 7 at night did not affect schedule of construction of Baku-Tbilisi-Kars railway which will connect Azerbaijan, Georgia and Turkey, Azerbaijani Railway Office Spokesperson Nadir Azmammadov said.
08 September 2009 [11:33]
Barack Obama's new plan to strengthen control over banking capital is a dangerous policy which may lead to furthering unemployment in the world, Gene Aldridge, professor and President of the U.S. World Marketing company, said.
08 September 2009 [09:25]
President Hugo Chavez on Monday urged energy-rich Turkmenistan to join a proposed gas cartel similar to the Organization of Petroleum Exporting Countries, in a move that might irritate the West, AP reported.
08 September 2009 [08:52]
Azerbaijan Export and Investment Promotion Fund (AZPROMO) will open will open representative office in Tbilisi on Sept. 8.
07 September 2009 [16:53]
Azerbaijan’s Industry and Energy Minister Natiq Aliyev spoke in an interview with Interfax Azerbaijan.
07 September 2009 [12:51]
The Sate Oil Company of the Azerbaijan (SOCAR)President Rovnag Abdullayev has confirmed that he will participate in the Eurasian Enerhy Forum KAZENERGY, Adviser to the KAZENERGY Meriuert Baffina, said at a news conference.
07 September 2009 [11:27]
Venezuela is to supply fuel-starved Iran with 20,000 barrels of petrol a day, President Hugo Chavez said on Sunday at the end of a two-day visit to the Islamic republic during which deals were also inked on medicine and commerce, AFP reported.
07 September 2009 [11:16]
Azerbaijan State Oil Company (SOCAR) exported 1.715 million tons of oil via Baku-Novorossiysk in Jan.-Aug. 2009, a rise of 1.9 times from the same period of 2008, the company said.
05 September 2009 [10:38]
In Aug. a ton of gasoline was sold at $691 on world markets, Azerbaijan State Oil Company (SOCAR) said.
05 September 2009 [10:25]
The World Trade Organisation has ruled that Europe's Airbus benefited from illegal subsidies, US and European officials said Friday, AFP reported.
05 September 2009 [10:14]
Russian economy will be on the rise again as early as in the third quarter of 2009, the country's finance minister said.
05 September 2009 [09:28]
Finance ministers from the world's richest countries and emerging economic powers are meeting in London for two days of preparatory talks ahead of the Group of 20 summit in the U.S. city of Pittsburgh on September 24-25, France 24 reported.
04 September 2009 [13:53]
Ministry of Taxes of Azerbaijan continues to study possibility to use advanced methods of tax audits based on international experience and to identify new functions of tax audit, the ministry said in a statement.
04 September 2009 [09:11]
Director of the Central Bank of Azerbaijan Elman Rustamov commented on the embezzlement of 7 billion manats during the re-denomination of national currency.
04 September 2009 [08:37]
The Central Bank of Azerbaijan has issued 750 million manat in loan to the State Oil Company of Azerbaijan (SOCAR), Central bank Director Elman Rustamov said.
03 September 2009 [16:07]
Today Azerbaijan’s banking sector faces no bankruptcies, maintains high profitability and investment appeal, Azerbaijani Central Bank Director Elman Rustamov said at a news conference.
03 September 2009 [14:28]
In January to July 2009, Armenia’s GDP dropped 18.5 percent compared to the same period of 2008.
03 September 2009 [10:27]
The results of the technical detailed engineering for the Nabucco gas pipeline will be known in 2009, said Christian Dolezal, representative of international projects and Nabucco at the OMV company, operating the project.
02 September 2009 [13:46]
The accident on the Stavropol-Tbilisi gas pipeline will not affect Georgia's gas supply.
02 September 2009 [13:29]
Recoverable oil reserves at Azerbaijan’s Azeri-Chirag-Ganeshli fields estimated at 923 million tons, the Azerbaijan State Oil Company (SOCAR) said.
02 September 2009 [13:11]
Oil prices on the world markets will stand at $60-$80 per barrel by late 2009.
02 September 2009 [10:26]
An informal summit of four heads of state in Aktau to take place on Sept.11 will not focus on status of the Caspian Sea and division of the seabed, official representative of the Kazakh Foreign Ministry Erzhan Ashikbayev said.
02 September 2009 [08:58]
11th meeting of Coordination Group on Digital Broadcasting of Regional Commonwealth in the field of Communications will be held in Astana, capital of Kazakhstan on Sept. 3 to 4.
02 September 2009 [08:35]
Baku will host the second international exhibition of second hand cars and equipment of the Caspian and Caucasus regions entitled 'RE-İNVEST CASPİAN', the Azerbaijani National Confederation of Entrepreneurs said.
02 September 2009 [08:28]
Azerbaijani, Georgian and Armenian high-rank officials will meet in Tbilisi on September 8 to 9 to discuss the environmental aspects of regional energy policies in the Southern Caucasus region, Euroconvention Conferences reported.
01 September 2009 [13:41]
SOCAR (State Oil Company of Azerbaijan) and Georgia have agreed to reduce gas tariffs for Georgian people, Georgian Energy Minister Alexander Khetaguri told reporters.
01 September 2009 [12:22]
A new unit of deep drilling Sahil has been established at the Complex Drilling Work Trust of the SOCAR (State Oil Company of Azerbaijan), SOCAR said.
31 August 2009 [13:57]
Taxpayers will be able to get information about their debts to the state budget via a mobile phone in Azerbaijan.
29 August 2009 [10:58]
The Center of the Scientific Innovations of the Azerbaijani National Academy of Sciences is participating in the IX Moscow International Exhibition of Innovations and Investments.
29 August 2009 [09:59]
Japanese core consumer prices fell at the fastest annual pace on record in July and the slide broadened on weak final demand, potentially putting pressure on a reluctant Bank of Japan to rein in a deepening deflation, Reuters reported.
29 August 2009 [09:18]
The technical council on standardization and technical regulation was established under Azerbaijan's State Committee for Standardization, Metrology and Patents to determine the main priorities of national standardization and technical regulation, the committee said on August 28.
28 August 2009 [15:24]
GDP index will fluctuate within the range of 10%-15% in 2009, Armenian Finance Minster Tigran Davtyan said.
28 August 2009 [14:21]
28 August 2009 [12:19]
Kazakhstan pursues diverse energy policy and favors Nabucco gas pipeline projects, Kazakh ambassador to Azerbaijan Serik Primbetov told reporters.
28 August 2009 [11:49]
Associate Director of the Eurasia Energy Center at the Atlantic Council in Washington Alexandros Petersen spoke with Trend Capital in an exclusive interview.
27 August 2009 [17:57]
Azerbaijan President Ilham Aliyev has received today chief of German RWI company Jurgen Grossman.
27 August 2009 [17:36]
The delegations of Azerbaijan and Syria hold the next round of talks to eliminate double taxation and prevent tax evasion on income and capital, the Azerbaijani Taxes Ministry said on Aug.27.
27 August 2009 [15:32]
Azerbaijan National Confederation of Entrepreneurs (ANCE) is negotiating with the World Bank experts to organize training for country’s enterpreneurs, ANCE chief Mammad Musayev said.
27 August 2009 [14:44]
“Taxes agencies do not demand religious figures to pay taxes,” Azerbaijani Taxes Ministry Spokesperson Fariz Samadov said commenting on media reports about demands towards religious figures (mullahs) to pay taxes.
27 August 2009 [14:14]
Azerbaijan holds 70th place out of 121 possible places in rating of the World Economic Forum (WEF) reflecting easiness of goods transport across the border.
27 August 2009 [13:55]
The Azerbaijan-Korea business forum on ‘Export of Korean Construction Equipment’ held in Baku on Aug. 27 focused on supplying Korean construction equipment to Azerbaijani market.
27 August 2009 [13:19]
Azerbaijan State Oil Company (SOCAR) has launched an headquarters led by company’s president Rovnag Abdullayev to mark 15th anniversary of the ‘Contract of Century’ signed on development of Azeri-Chiraq-Gunashli fields in a solemn manner, SOCAR Vice President Khaliq Mammadov said.
27 August 2009 [11:56]
U.S. Special Envoy for Eurasian Energy Richard Morningstar will debate the U.S. support for Azerbaijan in terms of development of diversified routes for oil and gas supply from the region to European and global markets in Baku on Aug. 27, the U.S. Embassy in Azerbaijan said.
27 August 2009 [11:12]
Azerbaijan's role in providing alternative energy supply routes from the Caspian Sea to world markets is one of the most fundamental and important, U.S. Special Envoy for Eurasian Energy Richard Morningstar said in Astana.
27 August 2009 [09:11]
"There is a need to build infrastructure in Israel," Israeli ambassador to Azerbaijan Michael Lavon Lotem said commenting on Israel's possible gas purchases from Azerbaijan.
26 August 2009 [17:31]
The U.S. commends intergovernmental agreement signed on the Nabucco project, U.S Special Envoy for Eurasian Energy Richard Morningstar said.
26 August 2009 [16:08]
Kazakh prime minister Karim Masimov had a meeting with U.S. Department of State Special Envoy Richard Morningstar on Aug. 26, KazTag news agency reported.
26 August 2009 [12:53]
Director of international programs at the Center for Law and Security in Washington Daniel Freifeld believes that Nabucco project is doomed to failure without Azerbaijan and its large reserves of natural gas.
26 August 2009 [12:21]
Decline in Armenia’s economy will be 12-14 percent in 2009, head of ‘Economy and Values’ studies center and partner manager of EV Consulting Manuk Hergnyan said.
26 August 2009 [11:38]
International Standardization Organization will hold its first South Caucasus seminar in Baku on October 21 to 23, Azerbaijan State Committee for Standardization, Metrology and Patent said.
26 August 2009 [11:29]
The recent unstable weather conditions have affected Azerbaijan’s grain harvest, Azerbaijani Agriculture Ministry official Sabir Valiyev said.
26 August 2009 [11:16]
26 August 2009 [09:39]
In the first half of this year, Armenia's budget revenues totaled 359bln AMD, and on-budget expenditures 426.5bln AMD, thereby ensuring the respective 67.1% and 70.3% of Armenia's government-specified 10-month program.
25 August 2009 [16:58]
China’s exports narrowly edged ahead of those from Germany in the first six months of the year, new figures showed on Monday, in a fresh sign that the latter’s status as the world’s leading exporter is at risk, 'Financial Times' reported.
25 August 2009 [15:51]
The economies of several countries, especially the EU giants - Germany and France - have demonstrated considerable growth in the second quarter.
25 August 2009 [14:01]
Azerbaijani airlines will face no problems while operating flights to Europe, a government source said on August 25. Earlier, The European Union released a list of airlines that it recommended to monitor emissions.
25 August 2009 [13:48]
The political organization of Washington DC and U.S.-based Turkish Diaspora organizations are not accepting seriously the Armenian initiatives to put "Armenian genocide" on agenda of the U.S. Congress and that of the local human rights organizations, one of leaders of the Turkish Diaspora in California Karahan Mete said.
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