Business
03 June 2006 [12:41]
Minister of Economic Development of Azerbaijan Heydar Babayev on 2 June met with the visiting delegation of the Iranian Ministry of Industry and Mines led by Minister, Dr. Alireza Tahmasebi.
03 June 2006 [12:39]
Azerdemiryolbank is expanding its microfinance operations with the support of the European Bank for Reconstruction and Development (EBRD).
03 June 2006 [12:15]
Work is complete on the Azeri section of Baku-Tblisi-Erzurum (BTE) natural gas pipeline, and the first test for transportation is now under way.
03 June 2006 [10:12]
20 workshops are brought an action against due to Ecology and Natural Resources Ministry application to State Prosecutor's Office. Huseyn Baghirov, Ecology and Natural Resources Minister, has told the media about.
03 June 2006 [10:09]
The Directorate of an international payment system Visa International has made decision about promoting the status of Open Joint Stock Company (OJSC) AtaBank from associative to full membership.
03 June 2006 [09:52]
It is expected that minimum level of pensions will be reached to AZN55 for 2008.
03 June 2006 [09:47]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8982/$1.
03 June 2006 [09:13]
A loan agreement in the framework of co-financing program between Joint-Stock Bank (JSB) Bank Respublika, Azerbaijan, and The European Bank for Reconstruction and Development (EBRD) may be signed in the next month.
03 June 2006 [09:10]
Improtex Marine & Facilities, Azerbaijan, has recently imported new products to Azerbaijan.
02 June 2006 [22:12]
Trade Union Committee (TUC) of the BOS Shelf Company in Azerbaijan today organized a protest action of workers at work today.
02 June 2006 [21:57]
The first shipment of Caspian Sea oil from a newly-built pipeline in Turkey was loaded onto a tanker destined for Western markets Friday.
02 June 2006 [12:18]
A two-day conference dedicated to economic policy in South Caucasian countries and the strategic role of the International Monetary Fund (IMF) starts in the National Bank of Georgia on Thursday.
02 June 2006 [09:18]
On Friday, crude oil from Azerbaijan is being loaded on to a British vessel on the Turkish Mediterranean coast, a test cargo that inaugurates BP's $4 billion (?2.1 billion) Baku-Tbilisi-Ceyhan (BTC) pipeline, a vital piece of energy infrastructure that will deliver 1 million barrels per day of high quality oil into the Mediterranean.
02 June 2006 [08:43]
Economic Cooperation Organization (ECO) Islamic member countries intend to create International Blue Card System.
02 June 2006 [08:27]
The Black Sea Trade and Development Bank (BSTDB) will run business days in Baku June 11-12. The organizer is Azerbaijan Export and Investment Promotion Foundation (AzPromo).
02 June 2006 [08:25]
JSCB Bank of Baku has today opened its new three branches. This action is realized in the framework of "Increasing the Quality of Services for Clients" Program.
02 June 2006 [08:23]
UN experts have drawn out the report for 2006 on Economic trends, as well as risks and opportunities, for the economies in the Economic Commission for Europe region.
02 June 2006 [08:18]
Joint Stock Azerigasbank had opened its branch in Ganja two days ago.
02 June 2006 [08:16]
State Social Protection Fund (SSPF) will start the process of distributing social insurance certificates for employed citizens from June, 5.
02 June 2006 [01:22]
The Baku-Tbilisi-Ceyhan (BTC) pipeline, a year behind schedule and some 30 percent over budget, is now a reality.
01 June 2006 [19:00]
The litigation over the international row that emerged between Malta's Finbank and the Ministry of Communications and Information Technologies is about to be settled in favor of Azerbaijan, Minister Ali Abbasov has said.
01 June 2006 [18:58]
The 13th Azerbaijan International "Oil & Gas, Refining and Petrochemicals-2005" Exhibition and Conference will start in Baku on June 6.
01 June 2006 [18:57]
BP Azerbaijan plans to double the funds it spends through local companies in the coming years to bring the amount to $500m, the company's vice-president Phil Home has said.
01 June 2006 [18:49]
South Caucasus Pipeline (SCP) testing on exploitation and filling a new gas export system up beginning in Sangachal terminal has been started.
01 June 2006 [18:35]
Asian Development Bank (ADB) has today signed two loan agreements of $52 million total value on the Project "Improvement of East-West Transport Corridor" with Azerbaijani Government.
01 June 2006 [18:33]
Georgia offered Azerbaijan to pay the debt of electricity this summer.
01 June 2006 [09:15]
The first oil to flow through the Baku-Tbilisi-Ceyhan (BTC) pipeline linking the Caspian and the Mediterranean seas will be loaded on to a tanker in the next few days.
01 June 2006 [08:43]
The World Labor Organization (WLO) will have its 95th session in Geneva June 6-10.
01 June 2006 [08:32]
D-Link Co., Chinese leading entity in information technologies sphere, intends to open the Azerbaijani office to strengthen its position in the market here.
01 June 2006 [08:28]
An automobile factory built by Iran Hodro, Iran in Shamakhi, Azerbaijan will be officially opened June 3.
01 June 2006 [08:19]
The Commission to examine Limited Liability Company Barmek-Azerbaijan Energy Network compliance with its contract was formed at Economic Development Ministry.
01 June 2006 [08:01]
Azerbaijani Government supports the maintenance of foreign capital limitation in local insurance market after 10 years of joining The World Trade Organization (WTO).
01 June 2006 [07:58]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN average weighted rate was AZN 0,8985/$1.
01 June 2006 [07:47]
The World Bank experts will say their opinions to Azerbaijani side after a new draft of insurance law is expertized.
31 May 2006 [23:57]
Russia and Turkey signed Tuesday a protocol agreement to increase bilateral trade and expand energy cooperation.
31 May 2006 [22:03]
Azerbaijani President Ilham Aliyev began talks with France's Total and Technip to bolster energy ties.
31 May 2006 [10:31]
Turkey will undertake the principal mediator role in Gazprom's struggle for South European natural gas market.
31 May 2006 [10:17]
Azerbaijan plans to increase its natural gas exports to Western Europe, the country's president said Tuesday, in comments aimed at easing concern over the security of the region's energy supply and its over-reliance on Russia.
31 May 2006 [09:07]
About 70 companies in Azerbaijan have been put out of the Department for Big Taxpayers registration, Taxes Ministry this year.
31 May 2006 [08:44]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8992/$1.
31 May 2006 [08:34]
Business forums including Azerbaijani, Latvian, Romanian and Finnish businessmen will be held in Baku till the end of this year.
31 May 2006 [08:25]
31 May 2006 [08:01]
Baku Stock Exchange (BSE) will today host an auction on placement of Azerbaijan National Bank's short-term notes with state registration number 50102212S.
30 May 2006 [20:30]
Though Azerbaijani oil has reached Ceyhan and has been pumped into tanks, the shipping into tankers has not yet started for the reason that one of the tanks is empty in Ceyhan.
30 May 2006 [20:16]
Companies from USA, Canada, Great Britain, Australia, Japan and South Korea are now being negotiated with for the processing of gold mines discovered in Azerbaijan.
30 May 2006 [20:07]
Israeli officials will participate in energy conferences in China and Azerbaijan in the coming weeks, the Ministry of National Infrastructures said Monday.
30 May 2006 [12:02]
President of Azerbaijan Ilham Aliyev met May 29 with businessmen representing MEDEF (Movement of the French Enterprises) companies in Paris.
30 May 2006 [11:48]
Azerbaijan's President Ilham Aliyev says he will discuss the possibility of Azerbaijani gas deliveries to Europe when he meets with French President Jacques Chirac on May 30.
30 May 2006 [11:45]
The Islamic Development Bank's (IDB) Executives have approved total USD 393.5 million in funds for overall projects.
30 May 2006 [09:52]
OAO Gazprom, the world’s largest natural-gas exporter, may build a second pipeline under the Black Sea to Turkey, alongside an existing line with a capacity of 16 billion cubic meters a year.
30 May 2006 [09:03]
Oil prices rose toward $72 on Tuesday, as a dispute between Iran and the West over Tehran's nuclear programme rumbled on and OPEC delegates said the cartel would keep pumping at near maximum rates to soothe market fears.
30 May 2006 [08:41]
Stockholm World International Researches Institute has announced the report of world states' allocation for 2005 in military field.
30 May 2006 [08:04]
The State Committee for State Property Management (SCSPM) launched privileged sale of stocks of "Moscow" Hotel Open Joint-Stock Company (OJSC) to employees.
28 May 2006 [23:08]
The Project of the Century Baku-Thbilisi-Ceyhan (BTC) Oil Pipeline experienced a pinnacle moment on Saturday.
28 May 2006 [12:28]
In the foothills of the Caucasus mountains, a long line of broken mud cuts across the meadows. If you go anywhere near it, camouflaged guards carrying automatic weapons emerge from the forest beyond.
27 May 2006 [20:51]
27 May 2006 [13:57]
Only a few days remain for the rich hydrocarbon reserves lying underneath the cold waters of the Caspian Sea to be transported to international energy markets through the Baku-Tblisi-Ceyhan oil pipeline project, branded as 'The Project of the 21st Century'.
27 May 2006 [09:59]
Milli Majlis has confirmed changes and amendments to Law on 2006 State Budget and Social Protection Fund Budget for 2006 in the session yesterday.
27 May 2006 [09:47]
BP announced "Best of Business" awards for partners.
26 May 2006 [21:07]
BP Exploration Sah Daniz Ltd. Thursday began pumping gas into the Baku-Tbilisi-Erzurum pipeline.
26 May 2006 [19:25]
The first cargo of oil from a $4bn (?2.2bn) pipeline between Azerbaijan and Turkey will be loaded onto a tanker this weekend - a year behind schedule.
26 May 2006 [19:13]
Azerbaijan's State Committee for State Property Management and Economic Development Ministry sent notification to Barmek-Azerbaijan Electricity Distribution LLC that the company’s activity in 2002-2005 will be inspected.
26 May 2006 [16:42]
U.S. oil major ExxonMobil has bought a 2.2 million barrel cargo with Azeri Light crude, the first ever being loaded at the Turkish port of Ceyhan, thus marking the launch of a huge pipeline from Azerbaijan.
26 May 2006 [15:38]
Azerbaijan Microfinance Association (AMFA) has launched III Azerbaijan Microfinance Conference today in Baku, which will continue 2 days.
26 May 2006 [15:35]
A delegation of 20 Azeri business persons are to attend the 23rd International Textile Machinery Exhibition in Istanbul from May 31 to June 4, informs National Confederation of Entrepreneurs /Employers/ Organizations of Azerbaijan.
26 May 2006 [15:21]
The Ministry of Industry and Energetics (MIE) has signed technical assistance agreement with Asian Development Bank (ADB) with the aim of discovering energy production potential and finding new ways.
26 May 2006 [14:31]
he Swiss company Addax B.V. has won a tender called by the State Oil Company of the Azerbaijani Republic (SOCAR) for the seventh consignment of Azeri Light crude oil produced at Azerbaijan's Azeri-Chirag-Gunashli (ACG) fields this year, a source at SOCAR told Interfax.
26 May 2006 [13:51]
Russia will not push up gas prices for Azerbaijan until late 2006, president of Azerigas joint-stock company Alikhan Melikov said.
26 May 2006 [13:24]
Azerbaijan National Bank (ANB) proposes to soften mortgage conditions on preliminary disbursement and term.
26 May 2006 [13:17]
Expenditures for military industry, border guarding, and emergency situations preventing has been increased in Azerbaijan as a result of amendments to the State Budget Law 2006.
26 May 2006 [11:50]
Turkey-Greece natural gas pipeline transmitting Azeri natural gas would be in operation by the end of 2006, Energy and Natural Resources Minister Hilmi Guler said on Thursday.
26 May 2006 [10:14]
Expenses to defense sector, frontier defense and emergency expenses of Azerbaijan have been increased as a result of changes and regulations to Law on 2006 State Budget.
26 May 2006 [09:55]
The State Committee for Securities (SCS) registered the issue prospectus of JSCB Gunaybank ordinary registered stocks. The volume of the issue is AZN4,5 million, the face value per stock AZN4 thousand.
26 May 2006 [09:24]
The Ministry of Agriculture will make 2007-2015 strategy for the solution of agricultural problems and for development of this field.
26 May 2006 [09:06]
Asian Development Bank yesterday signed trade finance facilitation agreements with two Azeri banks - AzeriGazBank and Respublika Bank - in the amount of US$4 million for each bank, respectively.
EU acknowledges strategic significance of Baku International Sea Trade Port in Middle Corridor
Weapons & ammunition discovered in Khankendi
South Korea conducts live-fire exercises near borders of DPRK
TikTok closed in Kyrgyzstan
Azerbaijani Army units conduct inspection in military equipment
Azerbaijan's AccessBank joins UN Global Compact
Navigating challenges in Azerbaijan's trade turnover amidst global uncertainties