Business
24 August 2009 [13:39]
A meeting of the TRACECA intergovernmental commission will take place September 23 in Brussels.
24 August 2009 [12:39]
The Azerbaijani State Customs Committee has released national trade figures for January-July 2009. Azerbaijan engages in trade operations with 126 countries, the committee reported.
24 August 2009 [11:51]
The Azerbaijani Mortgage Fund (AMF) under the Central Bank has expanded the list of authorized banks, insurance and appraisal companies, the fund said.
22 August 2009 [08:21]
The price of oil has hit its highest level of the year, boosted by sharp rises in Chinese stocks and rising shares on Wall Street, BBC reported.
21 August 2009 [15:58]
Azerbaijan Investment Company (AIC) is prepared to help entrepreneurs to implement projects to develop country’s regions, AIC executive director Afgan Isayev said at a conference “State Support for Entrepreneurship".
21 August 2009 [11:33]
Turkish ambassador to Kazakhstan Atilla Gunay spoke in an exclusive interview with Trend Capital.
21 August 2009 [08:53]
Turkish Minister of Energy and Natural Resources Taner Yildiz said Turkey have made a new proposal to Baku in terms of purchase of natural gas, Anadolu news agency reported.
20 August 2009 [17:51]
Armenia’s GDP declined 18.5 percent in January-July 2009, according to the national statistic service.
20 August 2009 [17:33]
Iran and Turkmenistan have signed an agreement regulating prices and schedule of gas supply from Turkmenistan to Iran, CA-News reported with reference to “The Globalist."
20 August 2009 [15:42]
One of the features of the global financial and economic crisis is the growth of investment on the part of individuals in their own education and improvement. With fewer jobs available, potential employees need to invest in their education in order to be employable.
20 August 2009 [14:31]
20 August 2009 [14:16]
Sector of information and communication technology (ICT) is one of the most attractive sectors for employment in Azerbaijan, ICT Information Center Director Farid Kazimov said.
20 August 2009 [13:19]
Entrepreneurs from Iran and Azerbaijan discussed possibility of enhancing mutual cooperation in the round table held in Baku, Azerbaijan Economic Development Ministry said.
20 August 2009 [11:31]
Azerbaijan’s fish factories released 5.8 million young sturgeon into the sea in the first half of 2009, Azerbaijan State Statistics Committee said.
20 August 2009 [11:19]
Negotiations on the Kazakh Caspian oil transport system (KCOTS) project entered an active phase at the end of July, Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said.
20 August 2009 [10:26]
The Azerbaijani Communications and Information Technologies Ministry forecasts to license mobile operators to set up third generation communications (3G) at the end of September, the ministry said.
20 August 2009 [09:52]
Italy is not opposed to the Nabucco gas pipeline project, country’s foreign minister told a newspaper.
19 August 2009 [16:35]
The Armenian government forecasts economic decline of 12-15 percent.
19 August 2009 [12:24]
Azerbaijan's Azeri-Chirag-Guneshli field took third place in a ranking of the world's 20 largest oil fields set up by the American Consulting Association CERA (Cambridge Energy Research Associates).
19 August 2009 [11:42]
Azerbaijani population purchased food and non-food products worth 6 billion manat in January-July 2009, a rise of 8.5 percent from last year, Azerbaijan State Statistics Committee said.
19 August 2009 [09:37]
European Union officials Tuesday called on member states to share information about their taxpayers to help combat value added tax (VAT) fraud, which costs governments billions of euros in lost revenues each year.
18 August 2009 [16:58]
BP, operator of Azeri-Chirag-Guneshli fields of Azerbaijan, produced about 146 million barrels (about 20 million tonnes) of oil in the first half of 2009, according to company's report on H1 of 2009.
18 August 2009 [12:04]
Azerbaijan’s agricultural production totaled 2 billion manat in January-July 2009, a rise of 6.6 percent from the same period of 2008, State Statistics Committee said.
18 August 2009 [11:51]
Professor at the U.S. World Marketing company Gene Aldridge says the global economy can overcome the recession at least in 5 years.
18 August 2009 [09:12]
According to CIS Statistics Committee estimates, the greatest GDP slump is recorded in Ukraine-20.3% and Armenia-16.3% compared to H1 2008. Russia is rated third (13.4%) among CIS countries for GDP slump and consumer price growth.
18 August 2009 [08:44]
On August 17, the President of Azerbaijan Ilham Aliyev signed an an order endorsing the state program on establishment and development of space industry in Azerbaijan.
17 August 2009 [17:06]
Presentation of the Guba Center of the Azerbaijani Red Crescent Society was held in Baku, on Aug.17 after major overhaul with the financial and technical assistance from the Israeli organization Magen David Adom.
17 August 2009 [16:48]
Donbassaero airway company launched regular Kiev-Ganja flights between Ukraine and Azerbaijan on August 18, the company said.
17 August 2009 [16:36]
The stars of some Azerbaijan-based hotels will be withdrawn in September this year, Culture and Tourism Minister Abulfas Garayev said.
17 August 2009 [14:26]
In January-July 2009, Azerbaijani GDP increased 2.7 percent compared to 2008, the State Statistics Committee said.
17 August 2009 [14:17]
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 1 million tons of the Kazakh Tengiz oil in January to July compared to 907,700 tons in January to June, the Azerbaijani state statistics committee said.
17 August 2009 [11:59]
Azerbaijan’s communication and mail agencies rendered services worth 560 million manat in January-July 2009, a rise of 12.7 percent from 2008, the State Statistics Committee said.
17 August 2009 [11:12]
The tax payments of the State Oil Company of Azerbaijan Republic (SOCAR) totalled 496 million manat in January-July 2009, the SOCAR official Web site said.
15 August 2009 [10:03]
14 August 2009 [12:59]
Turkmenistan will launch a new pipeline to Iran in December to diversify its gas exports, reports say.
14 August 2009 [12:32]
14 August 2009 [09:10]
According to Fitch Rating forecast, GDP decline in Armenia will make 15 percent by late 2009.
13 August 2009 [15:19]
Nabucco gas pipeline project, which is likely to involve Turkmenistan as well, will be a significant contribution to development of West-East energy corridor, American expert from The Tool Shed Group analytical center Jameson Katz said.
13 August 2009 [14:56]
Russian and Turkish authorities have agreed to study possibility of building a refinery and to organize joint marketing of oil products, according to the intergovernmental protocol signed during the recent visit of Russian delegation to Ankara.
13 August 2009 [14:14]
The State Oil Company of Azerbaijan (SOCAR) and the U.S. Trade and Development Agency (USTDA) signed a $572,068 grant agreement on Aug.13.
13 August 2009 [12:18]
The State Oil Company of the Azerbaijani Republic (SOCAR) will cover all expenses for construction of the Igdyr-Nakhchivan pipeline to be laid from Turkey to Azerbaijan under the relevant memorandum signed earlier, head of SOCAR Rovnag Abdullayev said.
13 August 2009 [11:29]
Delegation of the Belarus Ministry of Construction and Architecture has paid a two-day visit to Azerbaijan, Belarus embassy in Azerbaijan said.
13 August 2009 [09:54]
More than 20 million tons of Azerbaijani oil was exported via the Baku-Tbilisi-Ceyhan oil pipeline in January-July 2009, Azerbaijan State Oil Company said.
13 August 2009 [09:41]
12 August 2009 [17:39]
The U.S. economy has hit bottom and the current quarter will see positive growth due to the government's stimulus spending, billionaire financier George Soros said on Tuesday.
12 August 2009 [16:50]
Azerbaijan’s Azerkimiya state-owned chemicals maker was not affected by the world financial crisis, the company in a statement.
12 August 2009 [15:16]
Azerbaijan will see record grain this year, Azerbaijani minister of agriculture Ismat Abbasov said.
12 August 2009 [14:17]
Azerbaijani communication minister Ali Abbasov met with Latvian counterpart Kaspars Gerhards in the Azerbaijani Communication and Information Technology Ministry today.
12 August 2009 [12:52]
Currently, rate of internet tariffs in Azerbaijan is the same with that of the Eastern Europe, Azerbaijani communication minister Ali Abbasov told reporters.
12 August 2009 [12:12]
Unstable weather in Azerbaijan will not affect country's crop capacity, Azerbaijani agriculture minister Ismat Abbasov said.
12 August 2009 [12:05]
Cost of Azerbaijan's first communication satellite Azerspace totals 163 million manat, Azerbaijan's communications minister Ali Abbasov said.
12 August 2009 [11:39]
Ural Airlines launched the third Baku-Moscow-Baku flight in mid-August.
12 August 2009 [09:58]
Although the U.S. President Barack Obama has not yet formally nominated Assistant Secretary of State Matthew Bryza as the new U.S. ambassador to Azerbaijan, it is assumed that the nomination will proceed shortly, American political expert Richard Giragosian said.
12 August 2009 [09:23]
The delay in construction of Baku-Tbilisi-Kars railway is of purely technical nature, Georgian Minister of Economic Development Lasha Zhvania said.
11 August 2009 [16:49]
Visiting President of Latvia Valdis Zatlers has today visited the Sangachal oil terminal.
11 August 2009 [14:43]
11 August 2009 [13:14]
The Azerbaijan-Latvia business forum has commenced in Baku.
11 August 2009 [12:41]
11 August 2009 [12:22]
Turkey seeks extra concession from Russia in terms of gas prices, newspaper “Kommersant” reported.
11 August 2009 [09:19]
11 August 2009 [08:54]
10 August 2009 [16:57]
10 August 2009 [13:57]
The Latvian President Valdis Zatlers' visit to Azerbaijan that began today will deepen tourism relations between Azerbaijan and Latvia, member of Latvian Trade and Industry Chamber's board Jurgis Abele said in Baku at a round table on tourism held as a part of the Azerbaijan-Latvia business forum.
10 August 2009 [12:55]
More than $1 billion was invested in the Nakhchivan Autonomous Republic of Azerbaijan (NAR over the last five years, NAR Economic Development Minister Famil Seyidov said at the Azerbaijan-Latvia forum on investment opportunities of the NAR in Baku.
10 August 2009 [09:51]
Azerbaijan’s Nakhchivan Autonomous Republic will increase volume of electricity supply to Turkey, Nakhchivan AR Supreme Assembly Chairman Vasif Talibov said at a meeting with Turkish Energy Minister Taner Yildiz.
10 August 2009 [09:18]
Azerbaijan’s Town Building and Architecture Committee at the Economic Development Ministry has conducted a monitoring into companies’ complying with terms and requirements of a license, the committee said.
10 August 2009 [08:49]
Azerbaijani Culture and Tourism Ministry has released list of not recommended hotels for local and foreign tourists as well as tourism agencies.
08 August 2009 [11:09]
The agreement reached between Turkey and Russia on South Stream pipeline project shows that Turkey is trying to ensure itself against non-realization Nabucco gas pipeline project, Professor of International Relations of Turkish Ishik University Bulent Aras said.
08 August 2009 [10:16]
Turkey’s energy and natural resources minister Taner Yildiz will pay an official visit to the Nakhchivan Autonomous Republic on August 8.
08 August 2009 [09:26]
Kiev-Ganja-Kiev flight will be launched to boost tourist flow from Ukraine to Azerbaijan.
08 August 2009 [08:47]
Turkey considers Nabucco and South Stream to be parallel rather than alternatives to each other, Turkish Prime Minister Recep Tayyip Erdogan said.
07 August 2009 [17:44]
“Azerbaijan may join Blue Stream gas pipeline in future,” parliament’s economic policy committee chair Vahid Ahmadov said.
07 August 2009 [17:25]
“Russia’s readiness to support Samsun-Ceyhan oil pipeline project will not impact Baku-Ceyhan pipeline,” economic expert Vagif Sharifov said commenting on Russia’s readiness to support Samsun-Ceyhan oil pipeline project.
07 August 2009 [17:11]
There are some problems related to construction of Georgian section of the Baku-Tbilisi-Kars, Georgian ambassador to Azerbaijan Nikolaz Natbiladze said.
07 August 2009 [15:03]
Barcamp Azerbaijan 2009 Informal Conference will take place in Ganja on August 14-16, Azerbaijani Ministry of Communications and Information Technologies said.