Business
09 April 2009 [09:11]
USAID and Azerbaijan's Finance Ministry have signed a memo of mutual understanding on joint financing, according to the press service for the US embassy to Azerbaijan.
08 April 2009 [15:40]
In January 2009, the United States imported 2.1 million barrels of oil from Azerbaijan compared to roughly 1.9 million barrels in the same period of 2008, the U.S. State Energy Information Agency (EIA) reported.
08 April 2009 [10:47]
Azerbaijan attaches special importance to the development of bilateral cooperation with Lithuania in the political, economic, cultural and humanitarian spheres.
08 April 2009 [09:07]
The Azerbaijani-Lithuanian business forum was held in the capital of Azerbaijan- Baku under support of the Azerbaijan Economic development ministry on April 7, according to the press service for the Ministry of Economic Development.
07 April 2009 [09:04]
06 April 2009 [17:38]
Additional deposits to economy of countries are necessary in terms of global financial crisis, Azerbaijani Finance Minister Samir Sharifov said at discussions on the Public Television.
06 April 2009 [14:59]
The United States must continue supporting Azerbaijan to diversify its energy supplies, New Mexico State Governor Bill Richardson said.
06 April 2009 [14:21]
President of Azerbaijan Ilham Aliyev attended the opening ceremony of a new tunnel at the junction of the avenue of Heydar Aliyev and Agha Neymatulla street, according to the official website of the President of Azerbaijan.
06 April 2009 [10:35]
The Russian government has supported Azerbaijan's initiative on construction of a bridge over the Samur river, according to Azerbaijani Transport Minister Ziya Mamedov, Novosti-Azerbaijan reports.
06 April 2009 [10:08]
06 April 2009 [10:05]
06 April 2009 [09:26]
The Azerbaijani-Lithuanian forum will be held in the capital of Azerbaijan-Baku on April 7-8, according to AzerTac.
06 April 2009 [08:46]
Board of Directors of the Brussels-based European Economic Chamber of Trade, Commerce and Industry (EEIG) announced the Azerbaijan International Bank (AIB) as the most stable credit institution in Europe amidst global financial crisis, AIB told APA-ECONOMICS.
04 April 2009 [12:31]
04 April 2009 [12:07]
04 April 2009 [10:29]
The Azerbaijani Ministry of Economic Development suggested the OPEC Fund for International Development participating in financing of projects implemented through the Azerbaijani Investment Company and the National Entrepreneurship Support Fund, the Ministry said on April 3.
03 April 2009 [17:23]
03 April 2009 [13:18]
Lithuanian Foreign Minister Vigaudas Ushatskas will open Lithuanian Trade House in Baku, Lithuanian Ambassador to Azerbaijan Kestutis Kudzmanas told Trend News on April 3.
03 April 2009 [10:30]
A meeting with delegations of the British companies Oxfham and Unilever was held in the standing commission on agrarian policy of Milli Medjlis, according to the press service for Milli Medjlis.
03 April 2009 [10:23]
President Ilham Aliyev received a delegation led by Suleiman Al-Herbish, Director General of OPEC Fund for International Development.
Suleiman Al-Herbish spoke about meetings he held in Baku.
02 April 2009 [17:10]
Nar Mobile has 20% market share in local GSM market by gaining tremendous achievements within the short period of time.
02 April 2009 [15:25]
The first session of the Transport Ministers of the Caspian states in Baku ended in signing a final communique, Transport Minister of the country Ziya Mamedov told reporters.
02 April 2009 [12:13]
Azerbaijan's non-oil sector grew 14% within two months of this year, said head of the administration of the Ministry of Economic Development Samir Veliyev, according to Novosti-Azerbaijan.
02 April 2009 [09:35]
"Azerbaijan is among the countries least affected by financial and economic crisis not only in the CIS area but also in the world, said Finance Minister of Azerbaijan Samir Sharifov, according to AzerTac.
01 April 2009 [08:59]
CIS states should allot from 1 to 3% of GDP for support of banking sector, said Finance Minister of Russia Alexi Kudrin at a meeting with Finance Ministers of the CIS states, according to Reuters.
31 March 2009 [17:30]
Sources from the National Bank report that in February inflation on Azerbaijan made 10.3%, according to AzerTac.
31 March 2009 [15:44]
Today Nabucco project is actively discussed and spoken of in most countries and its advantage is that it will establish competitive prices on gas, said economic expert Vagif Sharifov.
31 March 2009 [12:40]
Baku is hosting a business forum on March 31, bringing together Azeri and German businesspeople with support from Azerbaijan’s Ministry of Economic Development and Azerbaijan Export and Investment Promotion Foundation (AzPromo).
31 March 2009 [09:19]
Azerbaijan will be represented in the first session of Council of Business women of OEC Trade and Industrial chamber, according to Turkish ANKA news agency.
30 March 2009 [17:20]
Azerbaijan and France are interested in enhancing cooperation in the agricultural sector, Azerbaijani Deputy Agriculture Minister Bahram Aliyev said.
30 March 2009 [17:19]
Azerbaijan together with Korean specialists will begin production of rice in Shaki region.
30 March 2009 [14:38]
Through two months of this year Russia accounted for 17% of Azerbaijani import, sources in the State Customs Committee told Novosti-Azerbaijan.
30 March 2009 [14:01]
Through two months of this year the share of oil products in the overall volume of Azerbaijani export made 10.2%, sources in the state customs committee told Novosti-Azerbaijan.
30 March 2009 [13:20]
A work meeting of the chairman of Gazprom Alexei Miller and president of the State Oil Company of Azerbaijan Rovnag Abdullayev was held in Moscow.
30 March 2009 [13:01]
The transport Ministry continues implementation of all the projects, launched in the past years, said deputy Minister of Transport of Azerbaijan Musa Panakhov.
30 March 2009 [12:14]
The authorized capital stock of the Azerbaijan-Kuwait Investment Company (KAIC) will reach 20 million manat in two years.
30 March 2009 [10:00]
Baku will host the Azerbaijani-German business forum on March 31, AzerTac reports.
29 March 2009 [16:41]
The Azerbaijan State Securities Committee (SSC) canceled the license of the Iron Investments Azerbaijan Ltd.
29 March 2009 [14:05]
Baku considers that the idea of laying pipeline from Iran to Armenia is both politically and economically unfavorable.
29 March 2009 [10:24]
Azerbaijani Defense Minister Safar Abiyev left for an official visit to Qatar Saturday.
29 March 2009 [09:22]
Russia's Gazprom said Friday it was in talks to buy gas from Azerbaijan in a move that could undermine attempts by European countries to diversify their sources of energy, AFP reported.
19 March 2009 [17:36]
President of Azerbaijan Ilham Aliyev received Friday Anne-Marie Idraque, the state secretary on external trade of France and co-chair of the joint French-Azerbaijani economic commission, according to the official website of the country's president.
19 March 2009 [17:22]
The next session of the Azerbaijan-Kazakhstan intergovernmental commission on economic cooperation will be held in April-May of 2009, said Kazakh ambassador to Azerbaijan Serik Primbetov at a press conference Thursday.
19 March 2009 [12:04]
The supplies of oil products to the internal market of Azerbaijan made 937,400 tons in January-February of 2009, which is 37.4% lower as compared to the same period of the last year, according to sources in the State Statistical Committee, Interfax-Azerbaijan reports.
19 March 2009 [11:45]
The volume of cargo transportation made 26.9 mln tons in January-February of 2009 which is 0.4% higher over the same period of the last year, according to sources in the state statistical committee of the country, Interfax-Azerbaijan reports.
19 March 2009 [09:56]
Azerbaijani Minister of Industry and Energy Natik Aliyev discussed issues of mutual cooperation in energy, in particular the prospects of the project pipeline "Nabucco", to export gas from Central Asia and the Caspian region to Europe with the Federal Minister of Economics and Labor of Austria Reinhold Mitterlenerom.
17 March 2009 [16:19]
The reconstruction of a pipeline and extension of existing compressor stations will allow to transit gas to Iran via the territory of Azerbaijan, State Oil Company of the Azerbaijani Republic (SOCAR) President Rovnag Adullayev said on March 17.
17 March 2009 [16:01]
Through two months since the beginning of this year prices on industrial production in Azerbaijan dropped 2.2%, Novosti-Azerbaijan reports with reference to sources in the State Statistical Committee.
17 March 2009 [14:10]
Deputy chairman of the Azerbaijan-Turkey Businessmen Association (ATIB) Jemal Yanghin considers that Azerbaijan has favorable conditions for activity of entrepreneurs.
17 March 2009 [12:57]
In January-February of this year, GDP growth in Azerbaijan made 3.4%, according to sources in the State Statistical Committee, Novosti-Azerbaijan reports.
17 March 2009 [11:23]
16 March 2009 [15:00]
In January-February Azerbaijani organizations and population received services in the amount of AZN 123,200,000, which is 1,8% higher than the indicators of the same period of 2008, according to the State Statistical Committee.
16 March 2009 [12:01]
The international festival on Novruz will be held in Azerbaijan with participation of young people from more than ten countries, according to the press service for the Ministry of youth and sports Monday, according to Interfax-Azerbaijan.
14 March 2009 [13:54]
In January-February of this year the State Oil Company of Azerbaijan transferred 1,007,820 tons of oil for refining in January-February of this year, according to SOCAR's press service, Novosti-Azerbaijan reports.
14 March 2009 [12:31]
In spite of the intensifying of the global crisis since August 2008, the growth rates in the Azerbaijan economy demonstrated two-figure increase, said the Chairman of the Board of the National Bank of Azerbaijan Elman Rustamov on March 13.
14 March 2009 [11:30]
Azerbaijani Tax Ministry suspended the exit tax control through time-keeping with taxpayers engaged in certain activities in order to prevent the possible influence of the financial crisis on the country.
14 March 2009 [10:47]
"In 2008 GDP of Azerbaijan made AZN 38 bln growing 10.8% as compared to 2007, said first vice premier Yagub Eyubov making a report of the Azerbaijani government by results of the socioeconomic development of the country in 2008.
14 March 2009 [10:36]
13 March 2009 [18:19]
Last year the economic growth in Azerbaijan made 11%, said Milli Medjlis speaker Oqtay Asadov at a plenary session of the parliament on discussion of the report of the Azerbaijani government by results of the socioeconomic development of the country in 2008.
13 March 2009 [14:35]
The Azerbaijani and Russian governments plan to sign an agreement to protect and promote mutual investments, Russian Ambassador to Azerbaijan Vasiliy Istratov told journalists on March 13.
12 March 2009 [17:53]
In January of this year Azerbaijan conducted export and import operations with 92 countries in the amount of $1.2 bln, according to sources in the State Statistical Committee, according to Novosti-Azerbaijan.
12 March 2009 [13:30]
Lithuanian Foreign Minister Vygaudas Ushatskas will discuss energy security cooperation between Azerbaijan and Lithuania in Baku, Lithuanian Ambassador to Azerbaijan Kestutis Kudzmanas told Trend News on March 11.
12 March 2009 [13:26]
Through two months since the beginning of this year Azerbaijani population got consumer goods in the amount of AZN 1.8 bln ($2.2 bln under the exchange rate of AZN 0.805 per dollar), said sources in the State Statistical Committee, according to Novosti-Azerbaijan.
12 March 2009 [13:20]
Chairman of the Union of Free Consumers Union Eyub Huseynov considers that it is necessary to open a lab on the analysis of genomodified foodstuffs in Azerbaijan.
12 March 2009 [13:11]
Fight for tourists has intensified between Azerbaijani hotels due to drop in prices on tourism services, said Minister of Culture and Tourism Abulfaz Garayev at the Baku Information Center Thursday.
12 March 2009 [12:29]
The first meeting of the Union of Azerbaijani and Ukrainian Presidents will be held in Baku during Ukrainian President Viktor Yushchnko's visit to Azerbaijan.
12 March 2009 [10:07]
The restoration of land works in Georgia in the framework of the construction of the Baku-Tbilisi-Kars railroad is expected from March 15.
10 March 2009 [17:37]
In January-February of 2009 Azerbaijan processed 1,025,130 tons of oil, said the press service for the State Oil Company of Azerbaijan, according to Novosti-Azerbaijan.
10 March 2009 [14:38]
British Foreign Minister David Miliband delivered a lecture on "European Union in present century" at the London economic school, according to Turkish Cihan news agency.
07 March 2009 [09:48]
On March 11-12 "The Economic club of Eurasian scientists", Ministry of Economic and Budget Planning and Institute of Economic Studies of Kazakhstan will hold the second economic forum on "The Eurasian economic security in the system of global risks" in Astana, according to AzerTac.
06 March 2009 [18:31]
The world’s rich economies are shrinking at rates not seen since the Second World War and the downturn may last into 2010, justifying unprecedented policy responses, said an International Monetary Fund official said.
06 March 2009 [16:46]
Azerbaijan is ranking fourth among the CIS and Baltic states by the minimal pension, according to chairman of the State Fund of Social Protection of Azerbaijan Salim Muslimov, reports Novosti-Azerbaijan.
06 March 2009 [11:53]
SOCAR Vice President for Refinery, Davud Mammadov, spoke with Trend Capital in an exclusive interview:
05 March 2009 [16:38]
Azerbaijan with a score of 3.84 has moved up three ranks from last year to share 76-77 places with Ukraine among 133 countries, according to the third annual Travel & Tourism Competitiveness Report, published by the World Economic Forum.
05 March 2009 [13:19]
Second larger cities of Azerbaijan and Russia - Ganja and Saint-Peterburg will be bound with air communication.
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