Business
14 February 2007 [08:20]
Government of Azerbaijan are making great progress in implementation of State Program for Social and Economic Development of Regions, World Bank Country Manager for Azerbaijan, Gregory Jedrzejczak, said at a conference dedicated to the third anniversary of the State Program.
14 February 2007 [07:50]
International Monetary Fund mission will be visiting Azerbaijan on February 14-28.
14 February 2007 [07:45]
Asian Development Bank mission for transport will visit Azerbaijan in February 22.
14 February 2007 [07:40]
Azerbaijan's Kapital Bank has developed an in-country money transfer system called Khazri.
14 February 2007 [07:35]
Azerbaijan Agriculture Ministry has suggested selling fuel, lubricants and fertilizers to farmers at 50% discount in order to mitigate the impact of energy price rise on agricultural production.
13 February 2007 [20:17]
"During 2006 Azeri-Chirag-Guneshli spent $234mln in operating expenditure against the target of $227mln and $2,477mln of the planned $2,552mln capital expenditure for the year," BP-Azerbaijan President Bill Schrader stated at the 2006 results media briefing.
13 February 2007 [19:56]
Shah Deniz Field, the giant one in the Azerbaijani sector of the Caspian, will return on stream in March, BP-Azerbaijan President Bill Schrader said at the press conference.
13 February 2007 [19:54]
Azerbaijani Communications and Information Technologies Ministry will have developed a package of proposals by this year's end for orbiting a satellite by 2010.
13 February 2007 [19:52]
International Bank of Azerbaijan (IBAR) intends to open its office in Dubai.
13 February 2007 [19:50]
The State Program for Social and Economic Development of Regions is mostly related to improvement of the legal framework in Azerbaijan, Economic Development Minister Heydar Babayev told a conference dedicated to the third anniversary of the State Program.
13 February 2007 [19:46]
Azerbaijan may pull Turkish TRT TV off the air.
13 February 2007 [19:35]
The State Oil Company of Azerbaijan (SOCAR) could resume oil deliveries to Russia through the Baku-Novorossiisk pipeline in the second quarter of 2007, SOCAR's head said Tuesday.
13 February 2007 [17:07]
Azerbaijan's A-Group Insurance Company intends to increase its authorized capital 23.7% to AZN 1.25mln through a new shareholder during this year.
13 February 2007 [17:06]
"Instability in prices of air tickets is related to competition between air companies," Azerbaijan Airlines Company (AZAL) public affairs officer Maharram Safarli said.
13 February 2007 [17:02]
Baku Steel Company, which shut down in early January for raw material shortage, has returned on stream.
13 February 2007 [16:56]
Conference on the third anniversary of the 2004-2008 State Program on social-economic development of Azerbaijani regions started.
13 February 2007 [15:41]
The day before Ambassador of Kazakhstan to Azerbaijan Andar Shukputov met with Economic Development Minister Heydar Babayev in Baku.
13 February 2007 [15:37]
Azerbaijan's Foreign Minister Elmar Mammadyarov will invite Kazakhstan to join the construction of a railway linking Baku, Tbilisi and Kars during a visit to Astana on February 27.
13 February 2007 [13:37]
Azerbaijan has no problems with grain, nor is expected to have any, the republic's Minister of Agriculture Ismet Abbasov told reporters on Tuesday.
13 February 2007 [11:12]
Azerbaijan Transportation Ministry is developing a Special Plan to improve transportation system in Baku.
13 February 2007 [11:11]
British Energy Institute organized International Petroleum Week to discuss urgent problems of world oil market. Conferences, seminars and roundtables on oil industry will be held on Feb-12-15.
13 February 2007 [10:58]
In 2007 AZN 80mln are earmarked from the State Budget or the development of enterprises in Azerbaijan.
13 February 2007 [10:57]
Azerbaijan Airlines (AZAL) intends to complete transition to e-ticketing by October, 2007.
13 February 2007 [10:45]
The 45th meeting of the Railway Council of the CIS and Baltic States will be held in Moscow February 21-22.
13 February 2007 [10:29]
Producer Price Index climbed 12%, Consumer Price Index advanced 9% in Commonwealth of Independent States.
13 February 2007 [10:25]
In the nearest future Azerbaijan will have electronic money transfer with France, Estonia, Uzbekistan and Tajikistan.
13 February 2007 [01:51]
The weighted average exchange prices made up 0,8699 AZN for 1 US dollar in the Baku Interbank Currency Exchange on February 12.
13 February 2007 [00:45]
Kazakh President Nursultan Nazarbayev's February 2 visit to Ukraine appeared to be an ill-timed event that triggered controversial speculations in light of the recent gas row between Belarus and Russia and the lingering standoff between Moscow and Kyiv on energy issues.
12 February 2007 [17:33]
Azerbaijan Investment Company intends to acquire a 20% stake in Garadagh Cement, the largest cement producer in Azerbaijan.
12 February 2007 [17:31]
Azerbaijan State Agency for Standardization, Metrology and Patents found numerous irregularities and infringements in Baku Chinar Refrigerator Plant.
12 February 2007 [15:03]
Chief of Kapital Bank branch in Bilesuvar region Guloglan Nagiyev, arrested for the relationship with former Minister of Economic Development Farhad Aliyev, has been released.
12 February 2007 [14:03]
The February 2 decision on fares passed by Tariff Council, State Price Regulator, are effective from today.
12 February 2007 [13:54]
Bakielectricshebeke, Baku Electricity Network Company, announced it would cut off electricity supply to debtors from 15.00, February 15.
12 February 2007 [10:51]
Kazakhstan, the top oil producer on the Caspian Sea, plans to spend more than $860 million over the coming years to develop its sea-transport system as the country seeks new routes to raise crude exports.
12 February 2007 [10:49]
Glencore has won Azeri state oil firm SOCAR's tender for 450,000 barrels of Russian Urals crude oil for loading at Novorossiisk on Feb. 27-28.
12 February 2007 [10:42]
World Bank's mission on Real Estate Register project will visit Azerbaijan next week.
10 February 2007 [16:52]
Azerbaijan's Taxes Ministry plans to work out development program of tax system for the next five years, Taxes Minister Fazil Mammadov said.
10 February 2007 [16:41]
BBC staff are to stage a 24 hour strike in a row over job cuts, unions Bectu and the NUJ have announced.
10 February 2007 [16:40]
10 February 2007 [16:27]
Taxes will be paid through ATMs soon, Azerbaijan’s Taxes Minister Fazil Mammadov said.
10 February 2007 [12:26]
In recent years there has been renewed speculation as to how the issues surrounding exploitation of the oil resources in the Caspian Sea might be resolved.
10 February 2007 [02:21]
Oil rose on Friday after OPEC member Nigeria moved to cut supplies and on growing tension between the United States and Iran.
10 February 2007 [02:13]
British Financial Times Newspaper wrote that Turkey's strained relationship with the Bush administration is likely to worsen after the foreign minister, Abdullah Gul, failed to make significant progress on Ankara's main objectives in Washington this week.
10 February 2007 [02:08]
For the first time in Azerbaijan, postal delivery can be followed by the Internet.
10 February 2007 [02:08]
State Committee for Public Property Management, together with consulting companies, has prepared a package of proposals on restructuring of utilities and infrastructure sectors.
10 February 2007 [02:06]
International Bank of Azerbaijan-Moscow intends to enter TOP100 in Russia.
10 February 2007 [02:05]
UK Bureau Veritas Quality International will audit AtaLeasing for use of Quality Management System in accordance with ISO 9001:2000.
10 February 2007 [02:03]
As at February 1, Bank Standard's assets amounted to AZN 285.1mln ($327.4), up AZN 32.5mln ($37.3mln) or 13% from January 1.
10 February 2007 [01:57]
The weighted average exchange price made up 0.8699 AZN/USD at trading sessions on the Baku Interbank Currency Exchange today.
10 February 2007 [01:56]
Azerbaijan's transition from analog transmission to digital transmission will have three phases (2007-10, 2011-13, 2014-15).
10 February 2007 [01:53]
SOFAZ and Overture Financial Services LLC signed Thursday a contract to implement Phase II of the US TDA-funded SOFAZ Institutional Capacity Building project.
10 February 2007 [01:51]
Shahmar Movsumov, Executive Director of the State Oil Fund of Azerbaijan (SOFAZ), received the government delegation from the United States.
10 February 2007 [01:48]
On Feb. 15-18, International Hotel and Restaurant Equipments Exhibition (HOTEQ) will be held in Istanbul, Turkey.
10 February 2007 [01:48]
IBAR-Georgia, a subsidiary of International Bank of Azerbaijan, will start up in two months.
10 February 2007 [01:46]
Heavy industrial enterprises in Baku will move to the industry zone in suburban area, said Chairman of Azerbaijan State Committee for Property Management Karam Hasanov.
10 February 2007 [01:44]
International Monetary Fund mission will be visiting Azerbaijan on February 14-28.
10 February 2007 [01:43]
10 February 2007 [01:39]
10 February 2007 [01:38]
Azerbaijan Investment Company (AIC) and Milk-Pro LLC can sign an investment in March.
10 February 2007 [01:34]
United Kingdom National Audit Office has won the tender for Corporate and Public Sector Accounting Project funded by Japanese Government grant for Development of Political and Human Resources.
09 February 2007 [22:37]
President Ilham Aliyev has Friday issued a decree on privatization of state-owned Kapital Bank.
09 February 2007 [17:55]
About 50% of the vouchers have to date been withdrawn from circulation in Azerbaijan, said Chairman of Azerbaijan State Committee for Public Property Management Karam Hasanov.
09 February 2007 [17:53]
"The criminal case launched on theft in International Monetary Fund (IMF) Office in Azerbaijan continues. The office representatives cooperate with governmental bodies. We hope the investigation will soon be over, criminals will be punished and all the equipment of our office will be returned," IMF Office states.
09 February 2007 [17:20]
"The criminal case launched on theft in International Monetary Fund (IMF) Office in Azerbaijan continues. The office representatives cooperate with governmental bodies. We hope the investigation will soon be over, criminals will be punished and all the equipment of our office will be returned," IMF Office states.
09 February 2007 [15:48]
Azerbaijan's Minister of Economic Development Heydar Babayev met with Secretary General of the Economic Cooperation Organization (ECO) Khurshid Anwar.
09 February 2007 [15:33]
Kazakhstan's Parliament on Friday backed a government plan to tighten control over foreign oil companies, increase state and domestic companies' assets in the energy sector, and limit foreign borrowing by Kazakh banks.
09 February 2007 [14:42]
Azerbaijan State Agency for Public Property Management, Finance Ministry, Economic Development Ministry, National Bank and other relevant bodies have prepared a package of proposals on privatization of 50% of the state owned Kapital Bank.
09 February 2007 [14:15]
New administrative building for the Department on work with heavy taxpayers has been inaugurated.
09 February 2007 [13:50]
State Veterinary Service under Agriculture Ministry taking into account bird flu virus in Turkey, temporarily limited the import of fowls, feed and goods under veterinary control from this country.
09 February 2007 [11:33]
Bank Respublika, in an effort to expand its network in the country, opened a new service point in Goychay located at 23, M.A.Rasulzade Street.
09 February 2007 [11:30]
International expert panel and Booz Allen Hamilton Consulting will offer a package of proposals to Azerbaijan's parliament and government on March 31.
09 February 2007 [11:29]
Azerbaijan's AtaLeasing has concluded leasing agreements worth $350,000 in January, 2007.
09 February 2007 [11:28]
"There is no problem unsolved between Azerbaijan Taxes Ministry and Barmek-Azerbaijan," said Taxes Minister Fazil Mammadov.
09 February 2007 [11:17]
A Communications House is planned to be constructed in Ganja in the nearest future.
09 February 2007 [11:16]
Money transfer turnover of Azerdemiryolbank in 2006 rose fivefold to AZN 29.8mln (US $34mln).
Six Italian cities on red alert as heatwave approaches peak
President Ilham Aliyev accepts credentials of newly appointed ambassador of Iran
President Ilham Aliyev receives credentials of new ambassador of Sudan to Azerbaijan
President Ilham Aliyev accepts credentials of newly appointed ambassador of Poland
VOMA prepares to replace Srbazan's gang
Iran confident Azerbaijan will not allow its territory to be used against Tehran – Ambassador
Colonel-General Karim Valiyev leads Azerbaijani delegation at major Turkish military drills