Business
05 March 2008 [09:57]
Rovnag Abdullayev, president of the State Oil Company of Azerbaijan, received US deputy assistant secretary of state Matthew Bryza.
04 March 2008 [10:17]
Azerbaijan will be represented in CeBIT 2008 international exhibition, devoted to high technologies and computers, to open in Hanover (Germany) on March 4.
04 March 2008 [09:57]
Italian foundry equipment maker Danieli has won a EUR 220 million ($334 million) contract in Azerbaijan, the company said on Monday.
03 March 2008 [10:22]
Kazakh experts are visiting Baku to discuss an agreement on the Trans-Caspian pipeline.
03 March 2008 [10:17]
Crude oil and oil products made up 87.79% of the overall export of Azerbaijan in January of 2006.
03 March 2008 [09:57]
Azerbaijan’s Minister of Economic Development Heydar Babayev met with the mission of the International Monetary Fund (IMF) visiting Baku.
01 March 2008 [11:48]
01 March 2008 [10:06]
KBR, Inc. (Kellogg Brown & Root) has won a tender from the State Oil Company of Azerbaijan (SOCAR) for the Trans-Caspian Project.
29 February 2008 [16:45]
Azerbaijan’s Ministry of Communications and Information Technologies is exploring ways of trimming down prices of internet services in the country.
29 February 2008 [12:34]
Azerbaijan's external trade turnover made up $1,120,000,000 in January of this year.
29 February 2008 [11:14]
The number of foreign tourists, visiting Azerbaijan, is rising by 11% every year.
28 February 2008 [16:46]
Confederation of Azerbaijani entrepreneurs in cooperation with the Eurasian Cooperation Fund will hold a presentation on corporate social investments on February 29.
28 February 2008 [15:54]
Azerbaijan's Ministry of Communication and Information Technologies started the development of a draft new State program on the development of the information-communication technologies.
28 February 2008 [11:02]
The European Bank for Reconstruction and Development considers credit interest rates to be too high in Azerbaijan.
27 February 2008 [18:14]
Microsoft Corporation has appointed Teymur Akhundov a new General Manager of Microsoft Azerbaijan.
27 February 2008 [16:24]
Azerbaijan plans to increase oil production by 27% and natural gas output by 64%, year-on-year, in 2008, the country's president said on Wednesday.
27 February 2008 [15:13]
After discussing with the relevant bodies, the Government of Azerbaijan has submitted the Railway Development Program to head of state for approval.
27 February 2008 [10:37]
"Azerbaijan still strongly depends on energy sources".
27 February 2008 [10:28]
The European Bank for reconstruction and development is ready to allocate $140,000,000-180,000,000 for 18 projects in the private sector of Azerbaijan in 2008.
26 February 2008 [17:58]
26 February 2008 [16:08]
26 February 2008 [15:47]
Teleradio Director Aflatun Sharifov told APA-Economics that new equipment and transmitters will be installed in Baku and Gandja to support digital transmission.
26 February 2008 [13:37]
Azerbaijan will review tariffs on gas sold to neighbor countries.
26 February 2008 [11:53]
The United States became Azerbaijan's first partner on export in January of 2008.
26 February 2008 [11:19]
SOCAR president Rovnag Abdullayev received Steven Mann, coordinator of US Department of State on Eurasian energy issues, on Monday.
25 February 2008 [18:27]
The volume of official monetary reserves of the National Bank of Azerbaijan made up $3,923,600,000 as of February 1 of 2008 which is a 98.9% rise as compared to February 1 of 2007.
25 February 2008 [17:55]
Russia’s Inter RAO EES and Azerbaijan’s AzerEnerji have completed negotiations on electricity and signed an agreement.
25 February 2008 [16:49]
25 February 2008 [14:22]
The outflow of migrants from Azerbaijan has not weakened lately.
25 February 2008 [13:03]
The fifth session of the Japan-Azerbaijan intergovernmental economic commission will be held in Tokyo o February 26.
25 February 2008 [11:12]
25 February 2008 [11:04]
The Azerbaijani government intends to participate in the privatization of Georgian railroad.
25 February 2008 [10:51]
A company, connected with Mikhail Gutseriyev, has bought Azerbaijani fields.
25 February 2008 [10:28]
23 February 2008 [11:10]
All of the three GSM mobile operators in Azerbaijan were proposed frequencies for provision of third generation services to their customers.
23 February 2008 [10:30]
The fifth Azerbaijan International AutoShow-2008 will be held in Baku on March 13 to 16.
22 February 2008 [18:06]
Import of Armenian production to Azerbaijan including coffee, has not only trade but also political grounds.
22 February 2008 [16:21]
Italian Edison SpA intends to hold talks with Azerbaijan to launch project of pipeline Greece -Italy.
22 February 2008 [12:11]
The need to intensify Iranian-Azerbaijani economic relations was stressed at a session of the Azerbaijani-Iranian business-forum held under the auspices of AZPROMO.
22 February 2008 [11:08]
An event on tourism in Central Asia and the Caucasus was held by initiative of Japanese Ministry of Foreign Affairs in Tokyo on February 6-13.
22 February 2008 [10:36]
The South Korean energy company KEPCO estimates the volume of investments into the construction of the first private electric station in Alyaty at AZN 640,000,000 or EUR 523,000,000.
22 February 2008 [10:08]
Azerbaijan is expected to be the first country to pump natural gas into to the Nabucco pipeline which will deliver “blue fuel” from the Caspian Sea to Europe, eroding the continent’s dependence on Russia.
21 February 2008 [18:01]
The communication enterprises of Azerbaijan rendered services in the amount of AZN 56,100,000 in January of 2008.
21 February 2008 [17:51]
The Azerbaijani-Iranian business-forum will be held in Baku tomorrow.
21 February 2008 [15:06]
The average cost of mobile services in Azerbaijan does not exceed the average indicator on other CIS countries.
21 February 2008 [15:04]
The Azerbaijan Tariff Council has received proposals on reduction of the cost of intercity and international calls twice through the last four years, and took them into account.
21 February 2008 [14:34]
21 February 2008 [12:21]
Iltimas Mamedov, Azerbaijan's deputy minister of communications and information technologies, will pay a visit to Japan capital city Tokyo.
20 February 2008 [15:34]
The State Oil Company of Azerbaijan has received an unsecured credit in the amount of $500,000,000 for the term of 3 years.
20 February 2008 [14:57]
The stock and commercial Azal Bank has changed its brand for Bank Silk Way.
20 February 2008 [13:53]
The National Bank of Azerbaijan has issued a license for opening of a representative office of Turkish Citibank Anonim Shirketi in the country.
20 February 2008 [10:35]
The European Bank for Reconstruction and Development forecasts inflation rate to make up 16% in 2008.
20 February 2008 [10:18]
A business forum has today brought together businesspeople and officials from Azerbaijan and Hungary within the framework of Azerbaijani President Ilham Aliyev’s official visit to Budapest.
20 February 2008 [10:09]
Azerbaijan International Mining Operating Company plans to produce gold in Gosha Field in spring next year.
19 February 2008 [16:59]
Azerbaijan plans to start reconstruction of old bridges in Baku this year.
19 February 2008 [10:10]
Iran has begun importing 1 million cubic metres of natural gas per day from Azerbaijan, an Iranian news agency said on Monday, in an apparent move to help compensate for shortages caused by a cut in Turkmen deliveries.
18 February 2008 [18:43]
The Azerbaijan Investment Company is waiting for proposals of the Estonian Caspian Group and Investment bank GILD regarding further activity of the joint venture fund.
18 February 2008 [18:21]
Azerbaijan recorded 1783 expatriates, engaged in its economic sector, as of January 1 of 2008.
18 February 2008 [18:15]
Representatives of Russian Inter RAO EEC will arrive in Azerbaijan to hold talks on electric power sale and purchase on February 21.
18 February 2008 [17:50]
The Azerbaijan Investment Company has introduced results of surveys on the project of oil refinery, carried out by the Allied Investment Company, to the government.
18 February 2008 [17:33]
The observation council of the Kuwait financial house made a decision on allocation of first investments of $15,000,000 into the project of creation of an investment fund, with the Azerbaijan Investment Company.
18 February 2008 [12:06]
The Azerbaijani representation of Transparency International held trainings against corruption in Baku, Ganja, Lenkoran, Guba and Sheki on February 11 and 16.
16 February 2008 [15:37]
The activity of the Azerbaijani government aims at encouraging inflation rate rather than curbing it.
16 February 2008 [13:59]
The State Oil Company of Azerbaijan lends its ships to foreign companies, operating in the Caspian Sea.
16 February 2008 [10:55]
Havana Cigars House will open in Baku in April-May, Kaballero Torres, Cuban charg? d’affaires in Azerbaijan said, APA reports.
16 February 2008 [10:34]
The government of Azerbaijan will allocate funds for featuring its tourism potential on Euronews, according to country’s Minister of Culture and Tourism.
16 February 2008 [10:28]
The Azerbaijan Investment Company (AIC) and Kavkaztransservis (member of Azersun Holding group) have launched talks with foreign banks to raise additional credits for construction of the Sangachal-Garadagh oil and gas terminal.
15 February 2008 [18:57]
Azerbaijan has introduced a draft resolution, support Extractive Industries Transparency Initiative (EITI) to the UN Secretariat.
15 February 2008 [15:18]
Project "Anti-corruption enlightenment and virtual center of consultations" is being implemented by the Fund of Combat with Corruption in 12 regions of Azerbaijan.
15 February 2008 [14:39]
Royal Jordan delegation will hold regular discussions on establishment of direct air flights Amman-Baku in Baku.
15 February 2008 [13:25]
"If we want to reduce corruption to minimum, we should undertake due steps".
15 February 2008 [13:10]
Iran plans to import natural gas from Azerbaijan, country’s ambassador to Azerbaijan Nasir Hamidi Zare told APA.
15 February 2008 [12:31]
We will start exportation of 10,000,000 cubic meters of gas to Georgia in the near future.
15 February 2008 [11:58]
Azerbaijan's Ministry of Economic development forecasts Azerbaijan's demand for cement to rise by 3,000,000 tons from the current 4,000,000 in the next three years.
15 February 2008 [10:31]