Business
06 September 2006 [22:43]
The volume of investments into the development of the Kazakhstani sector of the Caspian Sea in 2011-2015 is expected at the level of $16.8 billion.
06 September 2006 [10:54]
82 persons have to date taken out a mortgage from the authorized banks of the Azerbaijani Mortgage Fund.
06 September 2006 [10:07]
Transeuro Energy Corp. has begun acquiring seismic data in its Block 2 license area in Armenia.
06 September 2006 [10:06]
The weighted average exchange price made up 0.8804 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
06 September 2006 [09:53]
Taxes Ministry Operational Control Department have to date examined 84 261 various kinds of trade facilities and found serious irregularities in 21 187 of them.
06 September 2006 [09:44]
Juan Miranda, Director General for Central and West Asia Department (CWRD) of the Asian Development Bank, will pay a visit to Azerbaijan.
06 September 2006 [09:37]
In August of this year according to the calculations by the Analytical Department of the BSE, in the government securities market (excluding repo operations market) International Transaction Systems headed ranking of brokers with brokerage services in the total amount of AZN 36 598 000 provided to a client.
06 September 2006 [09:28]
Preparatory trial hearing was held today on the case of Barmek-Azerbaijan Electricity Distribution LLC's six officials at the Grave Crimes Court.
06 September 2006 [09:02]
The Azerbaijan National Agency of Mine Action (ANAMA) plans to have six more de-mining machines till the end of the year, Nazim Ismayilov.
05 September 2006 [20:44]
Regional meeting of GAID Ministers (Global Alliance for Information and Communication Technologies and Development) will be held October 2 in Baku.
05 September 2006 [20:43]
Azerbaijan Microfinance Bank (MFBA) has singed a $4-million loan agreement with the Asian Development Bank to develop small-sized enterprises in Azerbaijan.
05 September 2006 [20:42]
05 September 2006 [20:39]
Chairman of the Milli Majlis standing commission on economic policy Ziyad Samadzade met September 5 with Vitaly Kramarenko, head of the International Monetary Fund’s (IMF) Middle East and Central Asia Department.
05 September 2006 [20:30]
The Assistance Fund for Azerbaijani Armed Forces received AZN 2.753.000 and $59,200.
05 September 2006 [16:29]
As of September 1, the number of the debtor taxpayers fell to 12 000 from 45 000 during the period of January-August.
05 September 2006 [14:55]
The State Oil Company of Azerbaijan said Tuesday it produced 5.92 million tons (43.51 million bbl) of oil in January-August 2006, or 0.2% less, year-on-year.
05 September 2006 [09:28]
SOCAR purchased 315.2mn cubic meters of gas from Russian Gasexport for power plants during August.
05 September 2006 [09:25]
Azericard Processing Center has to date installed over 2000 POS terminals for various banks.
05 September 2006 [09:20]
An auction on placement of short-term bonds of National Bank with the state registration number 50103612S will be held at Baku Stock Exchange on September 6.
05 September 2006 [09:06]
The official currency reserve of the National Bank of Azerbaijan reached USD 1 397mn which represents a 45.27% or $961.71mn during the eight months of the year.
05 September 2006 [09:04]
Transportation fees will fall by at least 30 percent after the Baku-Tbilisi-Akhalkalaki-Kars railway project is implemented.
05 September 2006 [09:03]
Georgia will also finance the Baku-Tbilisi-Akhalkalak-Kars railway project.
05 September 2006 [08:51]
Israel is negotiating for oil export from Azerbaijan.
04 September 2006 [20:28]
Russian President Vladimir Putin called Monday for an agreement on the construction of an oil pipeline in the Balkans to be signed as soon as possible.
04 September 2006 [20:19]
The weighted average exchange prices made up 0,8803 AZN for 1 US dollar in the Baku Interbank Currency Exchange on September 4.
04 September 2006 [19:39]
In terms of economy, CIS stepped up 6 percent from January to July of this year, according to Interstate Statistics Committee of CIS members.
04 September 2006 [16:38]
AtaHolding OJSC has received ISO certificate 199121.
04 September 2006 [16:37]
Draft law on the State Control over Agriculture is under development.
04 September 2006 [16:34]
04 September 2006 [13:42]
04 September 2006 [13:05]
Seeking to breathe life into an ambitious oil pipeline project stalled for 14 years, Russian President Vladimir Putin flies to Athens Monday for quick tripartite talks on the issue with Greek Prime Minister Costas Karamanlis and Bulgarian President Georgy Parvanov.
03 September 2006 [16:11]
What are the recent trends regarding Turkish investments in Georgia and Azerbaijan? Does geographical and cultural proximity present a particular advantage for Turkish investors? Recent figures show that Turkey has the firm intention to assert itself as a serious investor in the Caucasus with the aim of diversifying its investments in sectors other than energy.
03 September 2006 [13:02]
The managing director of the National Iranian Oil Company (NIOC) here on Saturday called on international oil companies, financial institutions and foreign direct investors to invest in Iran's oil and gas industries.
02 September 2006 [10:09]
113 dealings were registered at 46 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during August. The auctions were attended by 21 banks.
02 September 2006 [10:06]
Business forum of Azerbaijani and Ukrainian businessmen will take place in Kiev in late October-early November.
02 September 2006 [09:55]
Pakistan's Tourism Minister Nilofer Bakhtiyar will come to Azerbaijan on September 11-12 to attend the OIC Tourism Ministers 5th session.
02 September 2006 [09:31]
Economic Cooperation Organization member countries have not put forward concrete proposals on creation of Blue Card- international insurance system, Finance Ministry State Control over Insurance officer, Namig Khalilov told.
02 September 2006 [09:28]
Azerbaijan is expected to shortly be a member of the International association of Insurance Supervisors, Finance Ministry's State Control over Insurance Officer, Namig Khalilov told.
02 September 2006 [09:26]
Georgia started amortizing electricity debts to Azerbaijan speedily, Azerenergy chief engineer, Saleh Mammadov, said.
01 September 2006 [21:20]
BP, as the operator of the Azeri-Chirag-Gunashli, Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP) projects, announces today that Bill Schrader will be appointed President BP Azerbaijan with effect from November 10, 2006.
01 September 2006 [21:14]
The 7th meeting of Azerbaijani-Ukrainian intergovernmental commission took place in Baku today.
01 September 2006 [15:56]
On August 31, the Naftogaz of Ukraine Company CEO Vladimir Sheludchenko departed to Azerbaijan as a member of governmental delegation.
01 September 2006 [13:52]
Turkey will purchase 30 F-16 fighter jets as part of its modernization plans, Turkish Air Force Chief General Faruk Comert stated on Wednesday in Ankara.
01 September 2006 [13:47]
Today seminar was held with participation of regional social assistance benefits and subsistence allowances officers.
01 September 2006 [11:51]
Taxes Ministry of Azerbaijan has already examined 2 Sections of ANS Group of Companies.
01 September 2006 [10:36]
Russia's President Vladimir Putin will meet in Athens next Monday [September 4] with Greek and Bulgarian officials for what the Kremlin describes as a session to focus on a proposed new crude oil pipeline to carry Russian crude oil from Burgas (Bulgaria) to a new tanker terminal at the Aegean port of Alexandropoulos.
01 September 2006 [10:13]
The issue on creation of free economic zones was also discussed between Azerbaijani officials and Southern Korean delegation visiting Baku.
01 September 2006 [10:07]
The weighted average exchange price made up 0.8809 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
01 September 2006 [09:44]
Taxes Ministry Operational Control Department have up to August 31 examined 75 499 various kinds of trade facilities and found serious irregularities in 19 439 of them.
31 August 2006 [21:47]
A senior Iranian oil ministry official said Wednesday evening in Yerevan that Iran-Armenia gas pipeline will become operational by year-end.
31 August 2006 [21:38]
Finland's Wartsila said it has won a three-year contract from Turkey's Botas International Ltd (BIL) for the maintenance and supervision of the Turkish section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.
31 August 2006 [21:22]
Sugar Refinery in Imishli province has been awarded with ISO 9001:2000 quality certificate. The certificate of the International Organization for Certification (ISO) has been given to the factory after Turkish Standards Institute carried out an inspection here.
31 August 2006 [21:20]
The Khalg Sigorta insurance company has been included in the list of companies - agents of the mortgage lending market functioning through the Azerbaijan Mortgage Fund.
31 August 2006 [15:04]
Today a delegation led by Southern Korean Commerce, Industry and Energy Minister, Lee Won Gul, exchanged views with Azerbaijani Economic Development Ministry officials.
31 August 2006 [13:27]
Meeting with the deputy Minister of Energy, Industry and Trade Won-Gul Lee ang his delegation took place in the Ministry of Communications and Information Technologies.
31 August 2006 [09:43]
The weighted average exchange price made up 0.8815 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
31 August 2006 [09:37]
Azeri state oil firm SOCAR will launch its oil trading branch next year and sell crude directly to refiners, scrapping the current system of tenders, a Socar official said Wednesday.
31 August 2006 [09:34]
International Monetary Fund mission led by Vitali Kramarenko has visited Baku.
31 August 2006 [09:30]
Goods transportation through TRASECA will rise by some 20 mln tonnes after implementation of Baku-Tbilisi-Akhalkalaki-Kars railway project.
30 August 2006 [22:40]
"We have undertaken to by the end of the year - Iranian year ends March 20 - prepare a comprehensive plan to curb Mnemiopsis Leidyi, the comb jellyfish pest newly introduced into the Caspian Sea," noted Wednesday, the director of the Research Institute of Iran's Fisheries Company.
30 August 2006 [21:10]
30 August 2006 [20:38]
Azeri businessmen are likely to take part in the jewellery exhibition that takes place in India from August 30 August to September 3, 2007 in response to the invitation extended by Sanjay Kutari, Head, Indian delegation of Council for Promotion of Gems and Jewelry Export.
30 August 2006 [20:06]
Participation payment is AZN 1 000.
30 August 2006 [19:52]
The National Bank of Azerbaijan has announced a tender for audit check to reveal conformity to COBIT 4.0 (standard of information technologies) and making of maturity model for each of the 34 IT-processes.
30 August 2006 [14:06]
Foreign physical persons working in seasonal jobs in Russia have sent US $1.3bn to their countries in the second term of this year.
30 August 2006 [11:44]
New gasoline-rich crude from Azerbaijan and Russia is blunting the impact of oil attacks in Nigeria this year but the relief will be shortlived as the world's available oil becomes ever more sulphurous.
30 August 2006 [10:27]
The weighted average exchange price made up 0.8819 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange yesterday.
30 August 2006 [09:51]
German Development Bank (KfW) and the Government Azerbaijan has signed a credit agreement to finance a Sheki-Ganja water project.
30 August 2006 [09:41]
Yesterday Minister of Emergencies of Azerbaijan, Kamaladdin Heydarov received a delegation led by Southern Korean deputy minister of commerce, industry and energy, Lee Won Gul, in Baku.
30 August 2006 [09:34]
Carbon resources make 229 000 tonnes and chrome resources make 260 000 tonnes.
29 August 2006 [21:29]
Azercell Telecom Joint Venture is going to reduce the price of Multimedia Messaging Service (MMS) by 50 percent from September 1.
29 August 2006 [21:26]
Azerbaijan Export & Investment Fund (Azpromo) received financing from State Budget. Azpromo president Emil Mejidov said the Fund was transferred AZN172,000 from State Budget.
29 August 2006 [21:25]
Bank Respublika board chair Hadija Hasanova and Huub Cornelissen, the director for Europe & Central Asia of Holland’s FMO (financial development company) have signed a $10 million credit agreement.
29 August 2006 [21:15]
A delegation consisting of 15 representatives of the leading American firms engaged in information and telecommunication technologies (ICT) will visit Azerbaijan from 1 to 4 October.
29 August 2006 [16:52]
South Korea's SK company will set aside $30 million on e-government project, according to the Communications and Information Technologies Ministry of Azerbaijan.