Business
26 November 2006 [13:08]
AIOC said oil from the East Azeri platform is currently flowing from two wells at a rate of about 70000-barrel-per-day.
26 November 2006 [13:05]
A member of Iran's parliament energy commission, Hussein Afarideh, commented that winter and internal gas consumption increase, posed no obstacle in the way of Iran's gas export to Armenia.
25 November 2006 [13:31]
As a part of the cooperation with European Union Tempus-TACIS program, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) hosted the roundtable discussion on the special economic zones on November 24 at the Park INN-Azerbaijan Hotel with the support of the Ministry of Economic Development.
25 November 2006 [13:27]
Economic Development Minister Heydar Babayev met November 24 with the visiting delegation of Bulgaria led by chairman of the Bulgarian Parliament Georgi Pirinski.
25 November 2006 [13:23]
Natural gas supply to Lenkeran was restored on Friday.
25 November 2006 [11:06]
Azerenergy President Etibar Pirverdiyev gave a press conference on the situation of energy grid and preparation for winter
25 November 2006 [11:04]
Azerbaijan and Moldova have signed an agreement on experience and information exchange in staff qualification in equities, State Securities Committee said.
25 November 2006 [11:03]
Union of Black Sea and Caspian Confederation of Enterprises (UBSCC) will hold the first meeting in Istanbul in November 26-27.
25 November 2006 [10:46]
25 November 2006 [10:46]
Azercell Telecom JV has signed a roaming agreement with Vinaphone of Vietnam.
25 November 2006 [10:44]
"Electricity supply has never been limited in Baku with exception of accidents," Azerenergy President Etibar Pirverdiyev said.
24 November 2006 [23:00]
The World Economic Forum (WEC), which brought together the officials and businessmen from 40 countries commenced November 23 in Istanbul, Turkey. Azerbaijani delegation led by first Deputy Prime Minister Yagub Eyyubov attends the event.
24 November 2006 [22:59]
Azerbaijan's Minister of Economic Development Heydar Babayev met with visiting Belarussian Deputy Minister of Industry Valentin Gurinovich.
24 November 2006 [22:56]
Awarding ceremony of the biggest taxpayers of the Turkish Industrialists and Businessmen Union (TUSIAB) was held in Gulustan palace, on November 23.
24 November 2006 [22:44]
Azerbaijan's Minister of Communication and Information Technologies Ali Abbasov has left for Antalya, Turkey, to participate in the final session of the International Telecommunication Union’s 17th Plenipotentiary Conference.
24 November 2006 [22:42]
The weighted average exchange prices made up 0,8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 24.
24 November 2006 [22:35]
Georgia is paying its electricity debt to Azerbaijan. Azerenergy President Etibar Pirverdiyev said the two countries concluded that Georgia would pay off the debt by this month's end.
24 November 2006 [22:15]
Iranian investors have invested over $350 million in Republic of Azerbaijan during the period from 1993 to 2005, noted an Azeri officials on Thursday.
24 November 2006 [22:14]
Georgia won't have problems with gas deliveries, President Mikhail Saakashvili said on Friday.
24 November 2006 [16:41]
Azerbaijan has started negotiating with Iran on electrical energy because Russia increase prices to some 4.4 cents, Azerenergy President Etibar Pirverdiyev said.
24 November 2006 [12:58]
Vice-Speaker of the Georgian Parliament Mikheil Machavariani, who has just recently visited Azerbaijan, said on November 24 that Russia is mounting pressure on Azerbaijan not to sell additional gas to Georgia.
24 November 2006 [11:10]
24 November 2006 [11:07]
SOCAR is ready to use inability of the BOTAS, the state oil&natural gas pipelines and natural gas imports company, to receive gas from Shakh-Deniz gas deposit by the fixed date.
24 November 2006 [11:02]
During the period of January-October the per capita incomes of Azerbaijani population reached AZN 998 or AZN 99.8 a month.
24 November 2006 [11:01]
Natural gas supply to Lenkeran has been cut off again.
24 November 2006 [10:57]
EBRD continues to organize a series of leasing training programmes in the following five Early Transition Countries (ETCs): Armenia, Azerbaijan, Georgia, Moldova and Uzbekistan. The seminar in Georgia will begin on Tuesday, 28 November.
24 November 2006 [10:56]
Average monthly salary of employees working for Azerbaijani economy rose by 19.8%, year-over-year, to AZN 139.5 in the period of January-October.
24 November 2006 [10:54]
24 November 2006 [10:53]
Foreign investment of USD 3 531 200 was made in Azerbaijani economy during the three quarters of the year.
24 November 2006 [10:53]
Azercell telecom JV has concluded GPRS/MMS roaming agreement with Mobistar Belgium.
24 November 2006 [10:51]
"Azerbaijan and Turkey can sign an agreement on standardization of goods. We are interested to expand relations in this filed," Turkish Standardization Institute director Kerim Malatali said.
24 November 2006 [10:50]
"We are sometimes accused of lack of European standards.
24 November 2006 [10:40]
24 November 2006 [10:39]
The interest-bearing book-entry bonds of Technikabank OJSC were placed at the Baku Stock Exchange on Thursday.
24 November 2006 [10:38]
Cargo transportation in Azeri part of Transport Corridor Europe-Caucasus-Asia (TRACECA) reached 35.9m tonnes in the period of January-September which represents an increase of 7.2% as against last year's same period.
24 November 2006 [10:37]
International Insurance Company forecasts to collect insurance fees in the amount of AZN 5.5m, 15% up from the same period last year.
24 November 2006 [10:33]
"Ukraine can participate in transportation of the Caspian oil to Belarus and Europe," President of Belarus, Aleksandr Lukashenko told a press conference in Ukraine.
23 November 2006 [23:53]
The delegation of the Turkish Standards Institution led by its President Kenan Malatyali will visit Baku November 23-25, press service of Azerbaijan State Agency on Standardization, Metrology and Patent said.
23 November 2006 [23:49]
The weighted average exchange prices made up 0,8717 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 23.
23 November 2006 [23:40]
The 28th Plenary Session of the General Assembly of the Parliamentary Assembly of the Organization of the Black Sea Economic Cooperation was continued on November 28 under the chairmanship of the Speaker of the Azerbaijani parliament Ogtay Asadov.
23 November 2006 [23:38]
Akkan Suver, the President of the Turkish Marmara Group Strategic and Social Research Foundation, participating in the 28th Plenary Session of the General Assembly of the Parliamentary Assembly of the Organization of Black Sea Economic Cooperation (PABSEC), announced at a press briefing today that his organization has joined the PABSEC in an observer capacity.
23 November 2006 [18:14]
The fourth meeting of the Azerbaijan-Japan state commission took place November 22 in Baku.
23 November 2006 [15:29]
"From January, 2007 migrants will not allowed to be engaged in trading in Russia. At times I raised this issue at meetings with international migration officials that a migration agreement should be concluded. Unfortunately, we have no migration agreement with Russia," said Minister of Labour and Social Protection of Population of Azerbaijan (MLSPP), Fuzuli Alakbarov.
23 November 2006 [15:19]
Justice Ministry Center on Work with Local Authorities sent corresponding documents concerning the activity of 16 local authorities.
23 November 2006 [14:53]
According to the Asian Development Bank Office in Baku, ADB delegation led by lead economist Hong Wang has been visiting Azerbaijan from 8 to 22 November. The aim is to apply a new multitranche financing facility for the road infrastructure.
23 November 2006 [14:46]
A meeting between Azerbaijani and Iranian businessmen, supported by Azerbaijan National Confederation of Entrepreneurs (Employers) (ACE) and Iran’s embassy, took place in Baku on Thursday.
23 November 2006 [14:40]
"Liquefied petroleum gas jumped in Georgia because Azerbaijan reduced supplies," said Vano Mtvralashvili, Chairman of Georgia's Union of Oil Producers, Importers and Consumers.
23 November 2006 [11:17]
Bank Respublika has used $2m credit resources allowed by the European Bank for Reconstruction and Development (EBRD).
23 November 2006 [11:16]
For some days Ali Bayramli has been supplied with natural gas with interruptions.
23 November 2006 [11:15]
Kurdemir Energy Supply LLC has to date installed 47 136 watthourmeters.
23 November 2006 [11:13]
National Confederation of the Entrepreneurs (Employers') Organizations of Azerbaijan Republic (AEC) has been chosen as local partner of Tacis MTP 4 in Azerbaijan.
23 November 2006 [11:12]
The Economic Department of Austrian embassy in Russia will hold economic mission of Austrian firms in Baku with support of Azerbaijan Economic Development Ministry.
23 November 2006 [11:07]
Secured Transactions Bill on Azerbaijan SME Support through Financial Sector Development Project, being implemented by the USAID and ACDI/VOCA, will be presented on Thursday.
23 November 2006 [11:05]
The total incomes of the International bank of Azerbaijan (IBA) reached AZN 120.6m during past nine months.
23 November 2006 [10:56]
23 November 2006 [10:53]
A delegation led by Belarusian Deputy Minister of Industry Valentin Gurinovich has visited Azerbaijan.
23 November 2006 [10:51]
AtaBank's financial indicators doubled during the period of January-October.
22 November 2006 [22:46]
Russia has reportedly told Azerbaijan it may cut electricity by 80 percent next year because of a shortage of electricity at home.
22 November 2006 [22:45]
Iran and Azerbaijan Republic are to hold a seminar on the ways to boost economic and trade cooperation between the two countries.
22 November 2006 [22:32]
From the minute you arrive in Baku, you can smell the oil. In a glass jar it looks nothing like the black viscous substance one would expect, but more like petrol. Experts praise Azerbaijani oil as among the best in the world.
22 November 2006 [22:22]
Gazprom [RTS: GAZP], Russia's energy giant, said Wednesday it intended to reduce natural gas exports to Azerbaijan in 2007 by 66.7%, to 1.5 billion cubic meters, against 4.5 billion cubic meters in 2006.
22 November 2006 [22:19]
The weighted average exchange prices made up 0,8715 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 22.
22 November 2006 [22:16]
Leading Russian TV channels have issued a joint statement over copyright violations by Azerbaijan.
22 November 2006 [15:15]
Azerbaijani state-owned oil company SOCAR has organized a $175 million loan from ABN Amro (ABN) and Societe Generale SA (13080.FR), the company said Wednesday.
22 November 2006 [14:16]
28th fall plenary session of Black Sea Economic Cooperation Organization has begun in Baku today.
22 November 2006 [13:44]
The International Bank of Azerbaijan (IBA) said it is going to open its branch in Georgia.
22 November 2006 [11:52]
Ways to raise the effectiveness of the activities of the Black Sea Economic Cooperation Organization (BSEC) will be discussed at the 28th plenary session of the Parliamentary Assembly of the BSECO, opening in Baku on Wednesday, with parliamentary delegations from 11 countries of the region participating.
22 November 2006 [11:51]
UniBank CB issues foreign exchange corporate bonds for the first time ever; the bonds with the registration number AZ200400202 will be on offer at the Baku Stock Exchange on 21 November 2006.
22 November 2006 [11:47]
Problems with the delivery of Shah Deniz gas to Turkey is related to BOTASH constructing Turkish part of the pipelines, SOCAR President Rovnag Abdullayev said.
22 November 2006 [11:24]
Taxes Ministry Operational Control Department have to date examined 147 652 various kinds of trade facilities and found serious irregularities in 34 632 of them.
22 November 2006 [11:23]
Azerbaijani delegation led by Deputy Premier Yagub Eyyubov will attend Istanbul Economic Forum between Nov 22 and 25.
22 November 2006 [11:21]
SOCAR plans to improve the oil-polluted territories in Absheron peninsula within a few years, Company President Rovnag Abdullayev said.
21 November 2006 [21:19]
The loan agreement between the Azerdemiryolbank and the European Bank for Reconstruction and Development is on the verge of the being finalized. EBRD intends to set aside $6 million for 5-7 years.
21 November 2006 [21:18]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 21.
21 November 2006 [21:06]
"Georgia will not support Russia's accession to the World Trade Organization," said newly appointed economic development minister of Georgia Giorgi Arveladze.
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