Business
27 January 2007 [02:56]
Azerbaijan's ALFA Insurance will open its first branch in Sumgait in February.
27 January 2007 [02:54]
AGLeasing increased its leasing portfolio to AZN 3,092,319, to January 1, during 2006, up 25.4% from the previous year.
27 January 2007 [02:52]
Bank Respublika's assets grew 91%, to January 1, and reached AZN 111.3mln.
27 January 2007 [02:33]
The weighted average exchange prices made up 0,8706 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 26.
27 January 2007 [02:20]
Azerbaijan State Customs Committee opened the building for its department in Sumgait.
27 January 2007 [02:19]
A delegation led by Deputy Minister of Communications and Information Technologies, Iltimas Mammadov, returned from Goteborg, Sweden.
27 January 2007 [02:15]
Baku will host the meeting of the Transport Coordination Council of GUAM.
27 January 2007 [02:08]
The meeting on the results of the tender announced by National Television and Radio Council on ANS TV and ANS ChM Radio frequency will be held on January 31.
27 January 2007 [02:05]
Minister for Special Assignments for Electronic Government Affairs of Latvia Ina Gudele's visit date to Azerbaijan has been changed.
27 January 2007 [02:01]
Iranian ambassador to Azerbaijan Afshar Suleymani met with Minister of Agriculture Ismet Abbasov.
27 January 2007 [01:53]
President of Azerbaijan Ilham Aliyev met with Mr. Craig R. Barrett, Chairman of the Board of the US Intel Corporation, Jan. 26, in Davos.
26 January 2007 [22:08]
Norway is to provide Azerbaijan with funding worth US$1.5M to develop small hydroelectric power plants in the country.
26 January 2007 [21:58]
McDermott Caspian Contractors Inc., a U.S.-based design and engineering company, said Friday it has been granted a contract by a subsidiary of Russia's largest crude producer, LUKoil, to build an oil pipeline along the bottom of the Caspian Sea.
26 January 2007 [18:28]
President of Azerbaijan Ilham Aliyev who is participating in the World Economic Forum in Davos met with the Chairman of Microsoft Corporation, Bill Gates.
26 January 2007 [16:36]
In spite the fact that Georgia can not receive gas from Shah Deniz any more, the country will have no problems at all, Azerbaijan Ministry of Energy states.
26 January 2007 [16:23]
Director of State Agency for Standardization, Metrology and Patents Ramiz Hasanov interviewed by the APA.
26 January 2007 [16:18]
As Yanukovych said, Ukraine and Azerbaijan consider likelihood of creating a consortium of oil transportation to Europe together with Russia and Kazakhstan.
26 January 2007 [13:14]
Economic Court #1 has considered the appeal of ANS Group of Companies on ministry's decision.
26 January 2007 [01:29]
Germany's Select Energy GmbH has won the tender announced by the SOCAR Department for Marketing and Economic Operations.
26 January 2007 [01:18]
26 January 2007 [01:14]
Azerbaijan Micro Finance Bank (AMMB) has opened a new branch in capital's Sabayel district.
26 January 2007 [01:12]
Karasu Operating Company (KAOC), dealing with exploration and development of the Mishovdag and Kelameddin onshore oilfields in Azerbaijan, produced 4,648,000 cu m of gas during 2006, 23.9% down from the previous year.
26 January 2007 [01:10]
Salyan Oil, dealing with development of Kursengi-Garabagli onshore fields, produced 43,127,000 cubic meters of gas during 2006, 21.2% up from previous year.
26 January 2007 [01:08]
Azerbaijan's ALFA Insurance raised insurance fees collection 23% to AZN 995,600 and more than tripled insurance payment, year-over-year, to AZN 145,600.
26 January 2007 [01:02]
Azerbaijan State Statistical Committee released macroeconomic performance indicators, saying the country's gross domestic product grew to AZN 17,735,800 last year.
26 January 2007 [00:43]
Azerbaijan produced agricultural products worth AZN 1,894,731,200 last year.
26 January 2007 [00:34]
"Our trade and economic partnership is the basis of the relations between Azerbaijan and Russia," said representative of Russia's Trade mission to Azerbaijan Yuri Shedrin.
25 January 2007 [21:00]
Russia's Gazprom intends to store up its natural gas in Azerbaijan's underground gasholders to supply to its southern regions, Head of Russia's Trade Office in Azerbaijan, Yuri Shedr said.
25 January 2007 [20:56]
The weighted average exchange prices made up 0,8709 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 25.
25 January 2007 [20:51]
The first meeting on the theme "Increasing importance of oil geopolicy" of World Economic Forum was held in Davos, Switzerland.
25 January 2007 [19:20]
Developments in 2006 and notably the recent Russian-Belarusian crisis proved that energy is consolidating its position as Europe's long-term security challenge.
25 January 2007 [18:55]
Any gas or oil pipelines across the floor of the Caspian Sea would be environmentally unacceptable, an official with the Russian Natural Resources Ministry said Thursday.
25 January 2007 [18:33]
Azerbaijan Armed Forces Assistance Fund has collected AZN 3.03mln and $65 188 so far.
25 January 2007 [17:27]
The amount allocated for education sector increased by 33% in 2006 and by 47% in 2007.
25 January 2007 [17:21]
Tomorrow Economic Court #1 will consider the appeal of ANS Group of Companies on Ministry decision, ANS Groups of Companies told.
25 January 2007 [15:33]
Azerbaijan Statistical Committee projected the Jan. 1, 2007 population will beat 8,533,000.
25 January 2007 [12:52]
Three bakeries producing low-quality and below-standard bread have bee closed in Baku.
25 January 2007 [12:46]
Taxes Ministry's Department for Preliminary Investigation of Tax-related Crimes has instituted criminal case against ANS Commerce of ANS Group of Companies on mass tax evasions.
25 January 2007 [01:25]
Since Jan. 23 the oil prices came to raise hopes.
25 January 2007 [01:24]
Turkish mega-star Tarkan will have concert at the end of this year.
25 January 2007 [01:23]
The supply of natural gas to Zagatala was stopped.
25 January 2007 [01:12]
Azerbaijan Mortgage Fund intends to use AZN 20mln allocated from the State Budget to mortgage lending for 2007.
25 January 2007 [01:09]
SOCAR Social Development Department and Oil and Gas Industry Labor Union officers held a workshop ay Heydar Aliyev Baku Deepwater Jackets Factory and a house of Social development Department in the settlement of Bakikhanov.
25 January 2007 [01:09]
Rabitabank's assets grow 37% to AZN 44,337,000 in January, 2007.
25 January 2007 [01:07]
Paris Court has refused the request lodged by Malta's FimBank for suspension of the execution of a court decision on lifting the arrest from 500,000 stocks of Azeri Government in the European Telecommunications Satellite Organization (Eutelsat).
25 January 2007 [00:57]
Azerbaijan's surplus trade with faraway nations in 2006 reached US $2,277 billion while trade gap with Commonwealth of Independent States (CIS) amounted to $1.170 billion.
25 January 2007 [00:55]
Azerbaijan Industry Bank's assets reached AZN 27,919,359.86.
25 January 2007 [00:33]
World Bank mission for Trade and Transport Facilitation Project led by Gerald Oliver will visit Azerbaijan on January 29.
25 January 2007 [00:26]
Tbilisi can sell the state's stake in Georgia Railway LLC, said Georgian Economy Minister Georgi Arveladze.
25 January 2007 [00:23]
Islamic Development Bank delegation's one-week visit to Azerbaijan is over.
25 January 2007 [00:20]
AGBank has commenced a new service for its customers.
25 January 2007 [00:17]
The delegations of Kurgan and Stavropol provinces of Russia will visit Azerbaijan next month.
24 January 2007 [22:38]
The weighted average exchange prices made up 0,8711 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 24.
24 January 2007 [21:23]
Kazakhstan's national oil company said Wednesday it had signed a memorandum of understanding with several international companies outlining a new export route for Kazakh oil, using tankers to transport the oil across the Caspian Sea.
24 January 2007 [15:05]
IFC will continue to actively seek direct investment opportunities in areas such as food retail to support growth and employment in the non-oil sectors.
24 January 2007 [14:16]
President Ilham Aliyev has issued a decree on improvement of mortgage lending mechanism in the country.
24 January 2007 [13:06]
President Ilham Aliyev will leave for Switzerland to participate in World Economic Forum in Davos as a special guest.
24 January 2007 [12:16]
The World Intellectual Property Organization (WIPO) announced that the Government of the Republic of Azerbaijan will become on April 15, 2007 party to the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks, adopted in Madrid on June 27, 1989 (Madrid Protocol 1989).
24 January 2007 [00:57]
As of January 1, the assets of Amrahbank grew 54% during 2006 to AZN 29.8m.
24 January 2007 [00:56]
As of January 1, the assets of Kapital Bank rose 50.78% to AZN 148,879,000 last year.
24 January 2007 [00:43]
Azerbaijan's trade surplus in 2006 amounted to $1.107 billion, up 650% from previous year, State Customs Committee Chairman Aydin Aliyev told a government annual meeting on Monday.
24 January 2007 [00:43]
Bank Standard held a press conference to deliver presentation of its annual report.
24 January 2007 [00:40]
Azerbaijan allocated AZN 694 million to finance infrastructure projects in 2006.
24 January 2007 [00:28]
Last year AZN 297.6m were considered as taxable during the examination of 5,302 taxpayers by Azerbaijan Taxes Ministry and were paid to the State Budget.
24 January 2007 [00:15]
President Ilham Aliyev issues an executive order on increasing the salaries of the employees of social security organizations by 25% from February 1.
24 January 2007 [00:12]
Bank Standard is going to implement Temenos T24 banking system in order to bring business process in line with world standards.
24 January 2007 [00:11]
Government of Azerbaijan is considering the project on establishment of a special oil shipping company.
24 January 2007 [00:09]
Government of Azerbaijan intends to acquire some part of Swiss Hollsim's interest in Garadagh Cement.
24 January 2007 [00:06]
Bank Standard, as an authorized bank of the Azerbaijan Mortgage Fund, lent 34 mortgage loans worth AZN 668,476 during 2006.
24 January 2007 [00:05]
The assets of the UniBank CB rose 115% to AZN 138.9m in 2006.
23 January 2007 [23:59]
Three more villages of Gedebey are planned to be supplied with gas.
23 January 2007 [21:48]
The weighted average exchange prices made up 0,8711 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 23.
23 January 2007 [21:46]
A delegation of the Islamic Development Bank (IDB) led by F. Maaruf visited Azerbaijan from January 15 to 22, public relations department of IDPs Social Development Fund said.
23 January 2007 [21:44]
President Ilham Aliyev received at the Presidential Palace Mogens Bay, the Chairman and Chief Executive Officer of the American Valmont Industries, Inc.
23 January 2007 [21:07]
Russia's largest mobile handset retailer Euroset has opened its first store in Azerbaijan, the company said in a press release Tuesday.
CBA forges strategic partnership with VISA to drive payment sector innovation
Azerbaijan congratulates Algeria on 30th anniversary of relations
Poland to host event to investigate possibilities of exporting Polish agricultural products to Azerbaijan
Cargo, passenger transportation increases in Azerbaijan
President Ilham Aliyev holds one-on-one meeting with President Vladimir Putin [PHOTOS/VIDEO]
SOCAR and bp host field visits under global methane emission reduction initiative
Kremlin: Russia, Azerbaijan encouraged to enhance trade relations