Business
31 January 2007 [10:40]
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-December, 2006 reached 985.9 million manats (AZN) while budget expenditures constituted AZN 981.3mln, the SOFAZ Executive Director, Shahmar Movsumov, told a press conference.
31 January 2007 [10:40]
Azeri-US intergovernmental economic commission in a new content for the first time will take place on February 7 in Baku.
31 January 2007 [10:27]
"ATR and Baku-based National Air Company Azerbaijan Airlines (AZAL), flag carrier of Azerbaijan, have announced the signature of a deal for 6 new ATR aircraft (2 ATR-42/500s and 4 ATR-72/500s).
30 January 2007 [17:24]
Some 360,000 tonnes of oil will be pumped through the Baku-Novorossiysk pipeline in February 2007 in accordance with Azerbaijan's order as of January 15, 2007.
30 January 2007 [17:12]
Ecology and Natural Resources Ministry made a statement on ecological problems created by Ganja "Gil-torpag" (Clay-soil) industry unit.
30 January 2007 [17:01]
The Head of Kars municipality Naif Alibeyoglu received a group of Azerbaijani media chiefs who are on visit to Igdir and Kars.
30 January 2007 [16:59]
Turkey said on Tuesday work would start in June on a "strategic" railway line it hopes will eventually link Europe to China via the south Caucasus and Central Asia.
30 January 2007 [14:24]
Georgia's pharmaceutical company PSP Group plans to boost its exports.
30 January 2007 [01:01]
UniLeasing intends to open a new regional branch in Guba in early February.
30 January 2007 [00:59]
Economic Court #1 presided over Judge Ilgar Dadasov postponed the trial on the appeal of ANS Group of Companies on ministry's decision.
30 January 2007 [00:48]
Georgia is importing diesel fuel from Azerbaijan without interruptions.
30 January 2007 [00:47]
International Bank of Azerbaijan-Moscow, a subsidiary of the International Bank of Azerbaijan, has launched transactions on corporate bonds by Russia issuers.
30 January 2007 [00:40]
Azerbaijan Publishing House will increase rentals by 50% starting from February.
30 January 2007 [00:32]
State Agency for Standardization, Metrology and Patents kept effective bans imposed on some wineries.
30 January 2007 [00:31]
Asian Development Bank mission for transport will visit Azerbaijan in February.
30 January 2007 [00:29]
Bank Respublika has opened an office at 24, Huseynbala Aliyev Street, Baku.
30 January 2007 [00:28]
Azerbaijan National Federation of Entrepreneurs (Employers) will Wednesday hold a seminar examining Amendments to the Taxes Code.
30 January 2007 [00:28]
Under the decision made by the State Oil Company of Azerbaijan sand Oil and Gas Industry Labor Union, there will be a 25% rise in salary effective on Feb 1.
30 January 2007 [00:27]
SOCAR Marketing and Economic Operations Department has announced a tender for oil export.
30 January 2007 [00:26]
Azerbaijan's ALFA Insurance intends to launch aviation insurance services this year.
29 January 2007 [22:17]
Bakielectricshebeke (Baku Electricity Network) will cut off electricity supply to the debtors from Monday.
29 January 2007 [18:00]
Armenia has been always guided by economic effectiveness of projects and it categorically opposes political projects that look like economic ones only on the first sight, which is in particular true about the Kars-Akhalkalaki-Tbilisi-Baku railway, Armenian president's spokesman Viktor Sogomonyan announced at a news conference on January 29.
29 January 2007 [15:28]
Baku intends to host a summit on the 10th anniversary of the TRACECA (Transport Corridor Europe Caucasus Asia) Inter-Governmental Commission.
29 January 2007 [13:18]
Azerbaijan's foreign debt stood at 1.97 billion manat ($2.293 billion) as of January 1, 2007, the Finance Ministry said Monday.
29 January 2007 [12:46]
Ukrainian Prime Minister Viktor Yanukovych said he was working to build a pipeline to transport oil from the Caspian Sea area directly to the European Union, the Wall Street Journal reported Friday, citing an interview.
28 January 2007 [15:42]
Georgian President Mikhail Saakashvili said Georgia hopes to receive gas mainly from Azerbaijan.
27 January 2007 [15:34]
Opening ceremony of administrative building of "Azerbaijan Terminal Complex" Foreign Economic Unity of State Customs Committee (SCC) was held on Saturday.
27 January 2007 [15:30]
Moldova, Belarus, Ukraine and Azerbaijan plan to sign the intergovernmental agreement in order to simplify the process of produce movements through the territory of these states.
27 January 2007 [03:16]
State Agency for Standardization, Metrology and Patents has worked out a draft program for standardization, metrology, certification, accreditation and patents.
27 January 2007 [03:15]
World markets moved down after a rally on Thursday.
27 January 2007 [03:14]
On the oil markets, crude oil began to fall from a week-second high.
27 January 2007 [03:13]
National Bank of Azerbaijan has granted the proposal of Debutbank Joint Stock Commercial Bank on opening of a new branch in Baku.
27 January 2007 [03:10]
79 thousand vehicles were brought to Azerbaijan last year.
27 January 2007 [03:06]
"We carry out intensive negotiations with oil-producing countries in order to cooperate with them. We are ready to establish joint ventures with them," Belarusian President Aleksander Lukashenko stated in the interview to German publication "Die Welt."
27 January 2007 [02:59]
Azerbaijan's mobile operator Azercell Telecom has concluded unilateral roaming agreement with Congo's CelTel operator.
27 January 2007 [02:57]
Azersu Open Joint Stock Company will announce winners of the tender for design engineering and construction of the Oguz-Gabala-Baku Water Pipeline Project.
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.