Business
03 February 2007 [10:35]
Azerbaijan's Taxes Ministry paid AZN 2,716,621,200 to the State Budget, meting the forecast with a surplus (103.3%) in 2006.
03 February 2007 [10:30]
The weighted average exchange price made up 0.8701 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Friday.
03 February 2007 [10:25]
Authorized banks of Azerbaijan Mortgage Fund reached 23 in number after Industry Bank of Azerbaijan joined.
03 February 2007 [10:20]
The first preferential mortgage loan has been allowed after the presidential decree on improvement of mortgage lending mechanism in the country.
03 February 2007 [10:15]
The construction of Baku Module Power Station has continued to progress, and lighting and renovation of the territory is ongoing.
03 February 2007 [09:35]
Gunay Bank will be moving to a new location.
03 February 2007 [09:30]
Oil prices rose to more than $59 a barrel Friday on expectations of bitter cold weather in the U.S. Northeast this weekend and on growing concerns over geopolitical factors.
03 February 2007 [09:25]
Two road bridges and a tunnel will be commissioned in Baku on the eve of Novruz Holiday.
03 February 2007 [09:20]
At January 1, 2007, total amount of the current loan portfolio of 22 AMFA member bank and nonbank crediting organizations reached US $139,767,756, up 91.1% from the previous year.
02 February 2007 [23:12]
U.S. oil giant Exxon Mobil Corp. posted Thursday a record profit of 39.5 billion dollars in 2006, also the largest annual profit by a U.S. company.
02 February 2007 [22:48]
Azerbaijan Deputy Minister of Transport Musa Panahov comments perspectives of a regional railway project.
02 February 2007 [22:40]
President Ilham Aliyev of Azerbaijan received Senior Economist of the World Bank, author of the "Doing Business 2007" Simeon Djankov and the WB country manager Gregory Jedrzejczak, 2 February.
02 February 2007 [21:48]
The problem in the road bridge near Azizbayov metro station is related to corrosion in metal constructions.
02 February 2007 [18:12]
The presidents of Ukraine and Kazakhstan pledged Friday to boost energy cooperation between the two ex-Soviet republics as Kazakhstan tries to find more outlets for its energy resources and Ukraine seeks to boost the reliability of its imports.
02 February 2007 [15:09]
The Dow Jones Industrial Average (DJIA) closed at a record high following investor confidence in inflation and the economy.
02 February 2007 [14:31]
Turkey plans to sell natural gas to Greece from its own reserves if delays from the new Azeri Shah Deniz project are extended, an energy ministry official said.
02 February 2007 [01:36]
An explosion ripped through a storage tank at Turkey's largest oil refinery in northwestern Turkey on Thursday, killing two South African workers and injuring seven other people, the governor's office said.
02 February 2007 [01:04]
The Tokyo Stock Exchange and the New York Stock Exchange announced that they have signed a tie-up agreement.
02 February 2007 [01:03]
Stocks soared Wednesday afternoon amid the Federal Reserve, as expected before, left short-term interest rates unchanged at 5.25 percent, and showing that the economy remains healthy and that inflation pressures are easing gradually.
02 February 2007 [01:02]
Oil futures regained nostalgic prices Wednesday.
02 February 2007 [01:01]
Georgia is reshaping its energy balance to reduce gas consumption as much as possible by closing gas-fuelled power plants.
02 February 2007 [01:00]
Azerbaijan's Azerdemiryolbank has started up new Khamsa deposit product campaign.
02 February 2007 [00:54]
The weighted average exchange price made up 0.8701 AZN/USD at trading sessions at the Baku Interbank Currency Exchange on Thursday.
02 February 2007 [00:50]
Azerbaijan's UniLeasing doubled investments in the economy to AZN 10.9mln during 2006.
02 February 2007 [00:49]
Azerbaijan State Agency for Standardization, Metrology and Patents are monitoring bakeries in Baku to assess the quality and weight of bread loafs.
02 February 2007 [00:47]
The amount and price of Russian electricity supplies Azerbaijan is importing in the second quarter can be reconsidered, said Azerenergy Vice-President Marlen Asgarov.
02 February 2007 [00:45]
Azerbaijan is developing a five-year program on reconstruction of electricity networks in regions.
02 February 2007 [00:42]
Representatives from Lafarge, the largest cement manufacturer, are doing market research in Azerbaijan.
02 February 2007 [00:41]
Azerbaijan Micro Finance Bank trebled its loan portfolio to US $47.6mln at early January, 2007.
02 February 2007 [00:40]
Azerbaijan's leading mobile operator, Azercell JV, has concluded a GPRS/MMS roaming agreement with SFR operator of France.
02 February 2007 [00:39]
Taxes Ministry has deregistered 62 taxpayers for VAT during January.
02 February 2007 [00:27]
Communications services provided for the legal entities and individuals in Azerbaijan amounted to AZN $571.8mln during 2006, up 24% from the previous year. Privately owned communications entities provided 72.4% of the services (+24.1%).
02 February 2007 [00:26]
A delegation led by Ezzatollah Zarghami, President of Islamic Republic of Iran Broadcasting (IRIB), has visited Azerbaijan.
02 February 2007 [00:23]
The prices of Garadagh Cement products are not expected to be reviewed this year, Garadagh Cement Marketing and Sales Director Horia Adrian said.
01 February 2007 [23:44]
Head of Korean Purchasing Service Yong Min Kim had some meetings in the Ministry of Communication and Information Technologies.
01 February 2007 [16:52]
The European Bank for Reconstruction and Development is investing $10 million for a 10% equity stake in Garadagh Cement, the largest cement producer in Azerbaijan.
01 February 2007 [15:37]
Italy and Greece have concluded a cooperation agreement on construction of a natural gas pipeline linking Greece with Italy is due begin in June 2008, with completion slated for 2011, giving the European Union access to Caspian Sea and Middle East natural gas.
01 February 2007 [15:01]
Transport Ministry has invited the experts of Moscow Auto-Road Institute to investigate the problems appeared on the bridge near Mashadi Azizbayov metro station, Transport Ministry told.
01 February 2007 [13:52]
United Arab Emirates' Aabar Petroleum Investments Company (Aabar) announced the appointment of oil industry veteran David Woodward as Chief Executive Officer of the company.
01 February 2007 [13:25]
170 countries are taking part in the 27th edition of FITUR, The Madrid International Tourism Fair which was opened by King Juan Carlos on Wednesday.
01 February 2007 [01:09]
Cargo transportation in Azeri part of Transport Corridor Europe-Caucasus-Asia (TRACECA) reached 43.7mln tonnes in the period of January-November last year, up 5.3% from the same period previous year.
01 February 2007 [01:08]
The Board of Trustees of Azerbaijan Export and Promotion Foundation (AzPromo) will meet on February 6.
01 February 2007 [01:08]
Azerbaijan State Shipping Company (XDG) has submitted a passage schedule of its 28 dry-cargo ships for 2007 to Russia's Federal Agency for Sea and River Transport.
01 February 2007 [01:02]
As of January 1, the amount of loans invested in the economy of Azerbaijan reached AZN 2 362.7mln, up 64% or AZN 921.7mln from the previous year.
01 February 2007 [01:01]
Azerbaijan's Communications and Information Technologies Ministry has acquired third-generation (3G) technology frequencies.
01 February 2007 [01:00]
The total of Azeri banks' deposit and savings portfolios amounted to AZN 2 129.2mln at January 1, 2007.
01 February 2007 [00:52]
The weather changed on the night of January 30-31 in the northern regions of Azerbaijan.
01 February 2007 [00:43]
Recent energy price rise has increased the cost price of water in Azerbaijan, Azersu President, Nizamaddin Rzayev, said.
01 February 2007 [00:42]
The weighted average exchange price made up 0.8703 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Wednesday.
01 February 2007 [00:40]
Azersu Company concluded an agreement with an alliance of companies –Turan Hazinedaroglu Inshaat ve Ticaret/Tekser Inshaat Sanayi ve Ticaret/Gence Korpu Tikinti 2 on construction of Oghuz-Gabala-Baku water pipeline project.
01 February 2007 [00:26]
Brioni Roman Style SpA, the suit maker that stitched gun holsters into tuxedos for the latest James Bond film, will focus on the richest Asian clients and offer more casual wear after ousting its top executive in 2006.
01 February 2007 [00:21]
Chairman of the Mogilev town hall Viktor Shorikov and Ambassador Extraordinary and Plenipotentiary of Azerbaijan to Belarus Ali Nagiyev have discussed today the prospects of the trade-economic cooperation between Mogilev and Azerbaijan.
01 February 2007 [00:05]
Azerbaijan, Georgia and Turkey will sign a final agreement on Baku-Tbilisi-Akhalkalak-Kars strategic railroad link Feb 7.
31 January 2007 [23:53]
The prices for the newspapers published in Azerbaijan Printing House will rise from tomorrow, the director of the Printing House Agabey Askerov told.
31 January 2007 [17:28]
Azerfon LLC, the third GSM operator in Azerbaijan, will start up within a month.
31 January 2007 [16:43]
"The electronic war between Azerbaijan and Armenia appears undesirable. Azerbaijan enjoys much more technical and financial potential (levers), so this hostility is likely to harm Armenia more," Azerbaijan's Information and Technologies Minister, Ali Abbasov, stated.
31 January 2007 [13:24]
Azerbaijan State Railway Company (ADDY) is negotiating with South Korean companies on use of fast trains in Azerbaijan.
31 January 2007 [11:28]
31 January 2007 [11:24]
The mood at the Cheryomushkinsky market in southwest Moscow, normally a buzzing Oriental bazaar with a hubbub of diverse accents from the Caucasus and Central Asia, is subdued: One-third of the stalls stand empty.
31 January 2007 [11:17]
On January 30, President of Azerbaijan Ilham Aliyev met at his temporary residence in Paris with Yves-Thibault de Silguy, chairman of the Board of VINCI, French construction company.
31 January 2007 [11:14]
ITECA Caspian LTD, the exclusive partner of ITE Group - the leading organizer of international trade exhibitions and conferences in the South Caucasus rescheduled some of international exhibitions because of the Taekwondo and Aikido World Championships to be held at Heydar Aliyev Sport and Exhibition Complex, in autumn 2007.
31 January 2007 [11:13]
80 tankers carrying 7.671mln tons of Azeri Light crude oil have to date sailed from Ceyhan Port to the world market.
31 January 2007 [11:11]
Azerbaijan's Azerdemiryolbank has, to January 1, increased its assets to AZN 90.3mln, up 78.8% from the previous year.
31 January 2007 [11:10]
Azerbaijan's Transport Minister, Ziya Mammadov, will pay a visit to Georgia on Feb. 5.
31 January 2007 [11:09]
Kres GmbH, selling and servicing Audi and Volkswagen vehicles in Azerbaijan, intends to open Porsche sales and service center this year.
31 January 2007 [11:08]
Azerbaijan's EraTrans Insurance plans to increase its authorized capital to AZN 900,000 (approx. USD 1.033mln) this year.
31 January 2007 [11:07]
Azerbaijan's BE&G Insurance Company intends to increase its authorized capital 40.8% to some AZN 1mln (US $1.148mln).
31 January 2007 [10:59]
Head of Russia's Trade Office in Azerbaijan, Yuri Shedrin, met with Azerbaijan's Industry and Energy Minister, Natig Aliyev.
31 January 2007 [10:58]
The World Bank Mission for Trade and Transport Facilitation Project, led by Gerald Oliver has arrived in Baku.
31 January 2007 [10:57]
On Tuesday, a delegation led by Azerenergy President, Etibar Pirverdiyev, has left Baku to China.
31 January 2007 [10:56]
Azerbaijan’s Azerneqliyyatbank, to January 1, increased its assets to AZN 16.2mln, up 46% from the previous year.
31 January 2007 [10:55]
State Oil Company of Azerbaijan (SOCAR) sold 852,674 tons of diesel fuel to Total Company of France in 2006.
31 January 2007 [10:55]
During 2006 State Oil Company of Azerbaijan (SOCAR) sold 852,700 metric tons of fuel oil to Petrofarm Company of Singapore. In December no sale is made.
31 January 2007 [10:44]
All insurance companies in Azerbaijan have, to January 1, increased their authorized capital to AZN 700,000, the minimum limit determined by the legislation.
31 January 2007 [10:43]
The weighted average exchange price made up 0.8705 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Tuesday.
Armenia's European integration reaches impasse. As expected
UN Commissioner’s bias: Truth behind Armenian war crimes & lobbying influence
Vovaevich offers Azerbaijan his decrepit corridor again
President Ilham Aliyev reprimands State Tourism Agency's Fuad Naghiyev - decree
Baku Media Center's president attends film presentation at Nizami Cinema Centre
Pashinyan's dreams: the train has left, but he is still waiting
Russia's insurance company compensates AZAL for Embraer 190 crash in Kazakhstan