Business
25 December 2008 [12:18]
Turkish weapons manufacturer and defense contractor Reketsan and Azerbaijani military scientific and industrial enterprise Iglim has reached an agreement on the joint production of armaments.
24 December 2008 [18:34]
Azerbaijan’s Cabinet of Ministers has made changes the structure of Azerbaijan Airlines (AzAL).
24 December 2008 [18:04]
From January 1, 2009, agreements on avoidance of double taxation between Azerbaijan and Qatar, Tajikistan, Estonia, Bulgaria and South Korea will come effective.
24 December 2008 [17:32]
"Currently Azerbaijan has a strong potential in electric power export", said President of Azerbaijan Ilham Aliyev at the opening ceremony of the Sangachal electric power station.
24 December 2008 [16:44]
24 December 2008 [16:30]
22 December 2008 [17:32]
Despite two straight day decline, gold for February delivery settled $2.1 up at $837 an ounce on the Comex division of the New York Mercantile Exchange.
22 December 2008 [16:23]
SOCAR will build a new port in Georgia.
22 December 2008 [10:09]
President of Azerbaijan Ilham Aliyev attended Saturday the commissioning ceremony for the Caspian Shipping Company`s "Zangazur" tanker.
20 December 2008 [11:44]
19 December 2008 [17:24]
The Public association "Real estate market participants" drew conclusions of the monitoring of situation on the secondary real estate market of Azerbaijan for November of 2008.
19 December 2008 [15:21]
In January-November of 2008 foreign investments into Azerbaijan made AZN 2,046,000,000 (12.8% lower as compared to the due period of the last year).
19 December 2008 [15:03]
In January-Azerbaijan Azerbaijan produced 40.9 mln tons of oil and 20.9 bln cubic meters of gas (including, 14.5 bln cubic meters of commodity gas).
19 December 2008 [13:48]
Reconstruction work in Heydar Aliyev Avenue in Baku is scheduled for completion next week, said Punhan Mursaliyev, Press Secretary of Azeryolservis.
19 December 2008 [13:10]
The SOCAR department of marketing and economic operations declared a purchaser of 1,200 barrels of REBCO oil.
18 December 2008 [18:25]
The International Monetary Fund expressed readiness to assist to Azerbaijani government while developing changes to the Tax Code, said head of IMF mission Valeria Fikera in Baku.
18 December 2008 [16:49]
The railway delegation of South Korea has arrived in Baku, Azerbaijan, said spokesman for the Azerbaijan State Railway Company Nadir Azmamedov, according to Day.Az.
18 December 2008 [16:28]
The electricity supply has been cut to the pumping stations of several water supply objects of Azersu, said spokesman for Sumgayitelektrikshebeke Anar Guliyev, according to Day.Az.
18 December 2008 [15:25]
18 December 2008 [14:14]
The reduction in income tax and VAT rates is expected in Azerbaijan, said deputy Minister of Taxes Natik Amirov, according to Novosti-Azerbaijan.
18 December 2008 [12:51]
18 December 2008 [12:11]
18 December 2008 [10:36]
The International Monetary Fund predicts 12% economic growth in Azerbaijan for 2009.
18 December 2008 [10:15]
The SOCAR Department of Marketing and Economic Operations of Azerbaijan has declared a purchaser of 600,000 Azeri Light oil barrels.
17 December 2008 [17:28]
17 December 2008 [16:02]
17 December 2008 [14:44]
17 December 2008 [13:02]
Azerbaijan is for the first time taking part in the work of OPEC which is to hold session in Oran (Algeria) on Wednesday.
17 December 2008 [12:45]
17 December 2008 [12:00]
The successful implementation of the Baku-Tbilisi-Kars railway is going on.
17 December 2008 [09:48]
Azeri Light crude premiums to Dated Brent are rising sharply as a result of the smaller loading program next month, trading sources said.
16 December 2008 [18:20]
16 December 2008 [17:55]
16 December 2008 [11:25]
16 December 2008 [11:12]
"Separate political parties and organizations demand to reduce prices on energy sources. Yet Azerbaijan is unable to take this step", said chairman of the Umid party Igbal Aghazade.
15 December 2008 [17:05]
15 December 2008 [16:02]
The department of marketing and economic operations of the State Oil Company of Azerbaijan has declared the purchaser 1 mln barrels of Azeri Light oil.
15 December 2008 [15:19]
15 December 2008 [14:52]
The Association of the tourism agencies of Azerbaijan was created at Park Inn hotel in Baku on December 15.
15 December 2008 [14:32]
Baku hosts the Azerbaijani-Georgian talks on energy issues.
15 December 2008 [14:00]
OPEC President, Algerian Energy Minister Shakib Helil announced that representatives of Azerbaijan, Russia, Syria and Oman will attend the session of the structure.
15 December 2008 [12:54]
500,000,000 barrels of Azerbaijani oil were exported from the Ceyhan port to the world market.
15 December 2008 [12:39]
The association of construction companies of Turkey has invested $19,495,500,000 to foreign economy through the past year.
15 December 2008 [11:23]
Finland is interested in cooperation with Azerbaijan in energy sphere, reports Day.Az with reference to AzerTac.
15 December 2008 [10:41]
This winter Turkey will export apples to Azerbaijan, report Turkish entrepreneurs, Day.Az reports with reference to Turkish news website www.haberler.com.
13 December 2008 [10:32]
12 December 2008 [16:45]
"We did not address the Council of Tariffs to increase the price of electricity", President of Azerenergy JSC Etibar Pirverdiyev told journalists, APA reports.
12 December 2008 [16:30]
12 December 2008 [13:43]
12 December 2008 [12:55]
Inflation rate in Azerbaijan will drop to 16-17% by the end of this year, said Economic Development Minister Shahin Mustafayev, according to Novosti-Azerbaijan.
12 December 2008 [10:35]
12 December 2008 [10:17]
If there is a need for funds on the internal market of Azerbaijan, I think this need must be met from internal reserves and not attract foreign investments, said member of the parliamentary commission on economic policy Nazim Mamedov.
11 December 2008 [18:50]
On December 18 water supply will be fully cut to the pumping stations of Azersu water supply company, said the press service for Sumgayitelektrikshebeke.
11 December 2008 [14:34]
11 December 2008 [11:47]
President of Azerbaijan Ilham Aliyev has signed a decree to ratify the cost of living for 2009, reports Day.Az with reference to AzerTac.
11 December 2008 [11:20]
About 55-60% of trade in Azerbaijan is hidden from official control ("gray trade"), said chairman of the Association of Businessmen and Producers Sevgim Rahmanov, commenting on the situation in the sphere of trade.
11 December 2008 [10:30]
11 December 2008 [10:22]
10 December 2008 [18:10]
10 December 2008 [14:42]
The European Commission allowed 16 developing states to carry out a duty-free export of several thousands types of goods to EU.
10 December 2008 [12:29]
10 December 2008 [10:53]
The world economic crisis has started to influence Azerbaijan.
10 December 2008 [10:03]
By Alexander Jackson, Caucasian Review of International Affairs (www.cria-online.org)
10 December 2008 [09:50]
Russian VTB has finished a deal on purchase of 51% shares in AF-Bank in Azerbaijan, said sources from the bank.
06 December 2008 [12:15]
A Baku-Nakhchivan-Istanbul flight will be launched from Dec. 23, Nakhchivan Central Booking Office told APA local bureau.
06 December 2008 [10:59]
05 December 2008 [15:14]
04 December 2008 [11:12]
Turkish Transport Minister Binali Yildirim arrived in Baku yesterday, reports Day.Az with reference to OTV channel.
03 December 2008 [18:49]
03 December 2008 [16:30]
03 December 2008 [10:09]
Today, no country in the world can rival Azerbaijan in high prices, said deputy Camil Hasanly.
02 December 2008 [17:37]
The SOCAR Department of Marketing and Economic Operations exported 82,715 tons of oil in November of 2008.
02 December 2008 [16:38]
02 December 2008 [14:46]
The oil pumping by the Baku-Supsa pipeline is profitable for Azerbaijan, said Kazakh ambassador to Azerbaijan Serik Primbetov.
02 December 2008 [11:41]