Business
18 May 2006 [20:32]
The weighted average exchange prices made up 0.9006 AZN for 1 US dollar in the Baku Interbank Currency Exchange on May 18.
18 May 2006 [19:56]
Rufat Jabrail Aslanli is appointed a new Chief Director of Azerbaijan National Bank (ANB) with a decision of the central bank Executive Board.
18 May 2006 [18:38]
The 1st international conference - "Europe-Asia transport relations in wider European context" took place in Baku today.
18 May 2006 [18:30]
Azerbaijan's Transport Ministry has prepared proposals on giving buses to transport companies by competition. Deputy transport minister Musa Panahov told journalists.
18 May 2006 [12:34]
A total of $747 million has been spent on the upgrade of roads in Azerbaijan in the past few years.
18 May 2006 [12:22]
The phone calls to Armenia using Azerbaijan's cellular provider Azercell Telecom are not dangerous, according to Minister of Communications and Information Technologies Ali Abbasov.
18 May 2006 [12:20]
The illegal interference of foreign television and radio channels, in particular, those of Armenia and Iran, to the air broadcasts in Azerbaijan will be prevented soon.
18 May 2006 [12:16]
Investments in Azerbaijan's economy have increased.
18 May 2006 [12:14]
The fees on the use of Internet in Azerbaijan are expected to rapidly fall soon, Minister of Communications and Information Technologies Ali Abbasov told the press Wednesday.
18 May 2006 [10:23]
Azerbaijan Chamber of Auditors (ACA) carries out examination.
18 May 2006 [10:15]
European Bank for Reconstruction and Development is in negotiations with Open Joint Stock Company (OJSC) Azerbaijan Investment Company to take part in its projects.
18 May 2006 [10:07]
Limited Liability Company (LLC) Barmek-Azerbaijan Energy Network has not paid fees for energy received by Open Joint Stock Company (OJSC) Azerenergy in last three months.
18 May 2006 [10:02]
Chan Gan Company, China, mission will visit Azerbaijan.
18 May 2006 [09:49]
Azerbaijan Mortgage Fund (AMF) has transacted first refinancing with Closed Joint Sock Company Bank Standard and Open Joint Stock Company Texnikabank.
18 May 2006 [09:26]
GDP production in Azerbaijan totaled AZN4 477,9 million or 39,5% more than last year’s figure, with comparative prices. GDP per capita reached AZN537,4 or $US589,2 increasing by 38,5%. State Statistical Committee informs.
18 May 2006 [09:21]
Rahim Huseynov, Head of Antimonopoly Policy Department of Economic Development Ministry has voluntarily resigned from his post.
18 May 2006 [09:08]
Barmek Holding filed a notification against The Ministry of Economic Development (MED) abuse of some duties appeared from the Contract on Bakuenergynetwork Management to MED itself.
18 May 2006 [08:50]
US companies have expressed interest in building a large petrochemical facility worth half a billion dollars in Azerbaijan, Minister of Economic Development Heydar Babayev told journalists.
18 May 2006 [08:49]
Azerbaijani government may revise valid transit tariffs for transportation of Kazakhstan corn to third country via Azerbaijani area.
17 May 2006 [21:28]
May 17 Chairman of the Constitutional Court of the Azerbaijan Republic Farhad Abdullayev met the World Bank Country Director for South Caucasus, Ms. Donna Dowsett-Coirolo.
17 May 2006 [13:18]
Kazakhstan has made up its mind about joining the Baku-Tbilisi-Ceyhan (BTC) main export pipeline to take Caspian oil to world markets.
17 May 2006 [13:09]
Latvian airline AirBaltic announced the opening of direct flights from Riga to Baku at the official reception at the Excelsior Hotel on Monday.
17 May 2006 [13:05]
The reports submitted by the stakeholders of the Extractive Industries Transparency Initiative (EITI) for 2005 will be reviewed by Deloitte & Touche auditing company.
17 May 2006 [13:04]
A summit on Caspian Eurasia Cargo Transport started in Baku on Tuesday.
17 May 2006 [09:08]
Azerbaijan plans to open a trade office in Israel in the coming year, according to Azerbaijan officials.
17 May 2006 [08:54]
Namig Hasanov, Head of Ministry of Transport Secretariat, states that businessmen and Baku City Executive Board applied to Tariff Council for this case last week.
17 May 2006 [08:47]
Alikhan Malikov, Azerigas Closed Joint Stock Company (CJSC) Director, held press-conference on current problems such as disbursement for natural gas, problems appearing in this realm and other relevant issues.
17 May 2006 [08:30]
Experts in The Finance Ministry vote against creating common tax on property through combining taxes on property and land considering this idea a useless offer.
17 May 2006 [08:21]
Turkish company Naturel plans to open trade place in Baku in the near future with the aim of organizing its products' sales in Azerbaijan.
16 May 2006 [22:05]
The 15th annual meeting of the Board of Directors of the European Bank of Reconstruction and Development (EBRD) will take place in London, May 21-22, according to press service of the Ministry of Economic development of Azerbaijan.
16 May 2006 [21:46]
Belarus said it will begin studying prospects of supplies of oil and oil products from Azerbaijan.
16 May 2006 [20:38]
Azerbaijan's President Ilham Aliyev issued a decree on ratification of the Regulations of Industry and Energy Ministry.
16 May 2006 [20:37]
"There will be five international airports in Azerbaijan," said Jahangir Asgharov, general manager of the Azerbaijan Airlines State Concern (AzAL).
16 May 2006 [20:35]
$200 million cost loan agreement on financing the reconstruction of Alat-Astara part of Baku-Astara highway and on repairs of Baku-Shamakhi road has today been signed between Azerbaijani government and The World Bank (WB).
16 May 2006 [20:29]
Works in Baku-Tbilisi-Ceyhan (BTC) oil-pipeline have completed. The first oil will be filled in tankers in the end of May early in June, Prime Minister Artur Rasizade has told journalists.
16 May 2006 [20:18]
An official ceremony on commissioning of Azerbaijan State Railway (ASR) Bilajari flushing and steaming station was held today.
16 May 2006 [09:49]
Baku Stock Exchange (BSE) hosted the auction on Ministry of Finance T-bills placement with the state registration number 10301013S yesterday.
16 May 2006 [08:59]
Program of industrial enterprises development in Sumgait is worked out.
16 May 2006 [08:55]
About 60 businessmen from Ankara and Istanbul cities of Turkey invited by Azerbaijani-Turkish Union of Industrialists and Businessmen (TUSIAB) have held meeting on TUSIAB premises.
16 May 2006 [08:36]
Russian RAO EES Company representatives will visit Azerbaijan next week.
16 May 2006 [08:07]
International Finance Corporation (IFC) and Asian Development Bank (ADB) are expected to obtain Azerigasbank Joint-Stock Bank shares of 17,5% for each by mid-June this year.
15 May 2006 [20:28]
Azerbaijan's President Ilham Aliyev issued an executive order on appointment of Shahmar Movsumov executive director of the State Oil Fund.
15 May 2006 [19:28]
Kazakhstan's prime minister said Monday that the energy-rich ex-Soviet republic will next month sign up to pump its oil through a pipeline that starts in Azerbaijan to Turkey, the government press office said.
15 May 2006 [18:17]
Rafik Asadov, the Chairman of Baku Grain Terminal (Baku, Azerbaijan) is the participant of "Grain Forum" which will be held on the 18th of May in Kiev.
15 May 2006 [16:28]
Intergovernmental commission on economic cooperation between Belarus and Azerbaijan held its following meeting in Minsk.
15 May 2006 [14:53]
The second tender is to be announced on construction of Baku ring road soon.
15 May 2006 [14:49]
The strategy on cooperation between the World Bank and Azerbaijan is assessed USD 1,2 billion.
15 May 2006 [13:12]
Article by Egemen Bagis, foreign policy advisor to Prime Minister Recep Tayip Erdogan.
15 May 2006 [12:18]
Article by Richard N. Haass, Newsweek International
15 May 2006 [12:00]
Article by Karen Lowry Miller, Newsweek International
15 May 2006 [11:57]
State Oil Company of Azerbaijan Republic purchased 357.2 million cubic meters of gas from Russia's Gasexport company with 1 billion 692.8 million cm bought for four months.
15 May 2006 [11:53]
The Azerbaijan International Operating Company (AIOC) exported 5 507 thousand tons of crude in January-April this year, up by 60.7% on the same period last year.
15 May 2006 [08:20]
Baku-Tbilisi-Akhalkalaki-Kars railway construction might start in 2006.
14 May 2006 [19:50]
Iran's Ambassador to Kazakhstan Ramin Mehmandoost stated Sunday that the Islamic Republic of Iran is opposed to laying oil and gas pipelines on Caspian seabed.
14 May 2006 [09:46]
The key goal of the South Korean businessmen's talks in Baku was to discuss investments in the oil sector, but the outcome of the visit revealed extensive opportunities for doing business in other fields in Azerbaijan, said Emil Majidov, president of the Azerbaijan Export & Investment Promotion Foundation (AZPROMO).
13 May 2006 [09:21]
Deepwater oil production is an exacting and expensive technology with a very flat learning curve. But these hurdles are not stopping the South Koreans from building an energy firm with global competency, including deepwater oil production competency.
13 May 2006 [09:00]
Four foreign companies have won SOCAR Marketing and Economic Transactions Department (METD) tender on lubricating oil (industrial, turbine, transformer, transmission and cylindrical) sales.
12 May 2006 [23:26]
Today South Korea minister of information and communication Rho Jun-hyong has met with Azerbaijani communication and information technologies minister Ali Abbasov.
12 May 2006 [23:18]
The Digital Age Company in Khatt Group of Companies finished its project on making a new tourist map of Baku City.
12 May 2006 [23:13]
Azersu Joint Stock Company (JSC) will finish installation of water meters till 2007 in Baku and till 2008 in the republic. Nizameddin Rzayev, Head of Azersu JSC, told the media about.
12 May 2006 [23:07]
Baku Stock Exchange (BSE) will host the following auction on Ministry of Finance state short-term loan (SSL) investments on May 15.
12 May 2006 [23:04]
The World Bank (WB) experts will evaluate final version of the Law on Insurance Activity during May.
12 May 2006 [22:59]
The Ministry of Finance and Prosecutor's Office proposed Milli Majlis to make responsibility tough for tax crimes.
12 May 2006 [22:58]
Bakcell Company has created dual roaming connection with Cubacel, Cuba, mobile communications operator in 900 MHz.
12 May 2006 [22:54]
Zaman Holding, Nurgun Holding's branch establishment, will start new technological production of washing detergents and gels.
12 May 2006 [22:44]
Jeyranbatan and Kur water that provides supply for Baku completely meets The World Health Organization norms. Drinkable water from 50 sources for Baku is examined every day.
12 May 2006 [21:39]
An Azeri company is denying reports that a Russian energy giant will take over Baku power grids.
12 May 2006 [19:11]
The United States – Azerbaijan Chamber of Commerce (USACC) today announced that "USACC Business Directory 2006", a new publication of the United States – Azerbaijan Chamber of Commerce, is published and available for distribution.
12 May 2006 [17:21]
The weighted average exchange prices made up 0,9010 AZN for 1 US dollar in the Baku Interbank Currency Exchange May 12.
12 May 2006 [16:05]
Crude-oil futures dropped Friday after the International Energy Agency sharply cut its forecasts for world oil demand and three foreign oil workers kidnapped in Nigeria were released unharmed.
12 May 2006 [14:31]
As Rufat Aslanli, Deputy Chair of management board of the National Bank, stated, technical factors hindering usage of the new bank notes were removed. Commercial operations with national currency are easier now.
12 May 2006 [12:50]
Russian company to take part in overhaul and updating of turbines and boilers at Ganja heating plant in Azerbaijan.
12 May 2006 [10:03]
CATEL Joint-Stock Company (JSC) installed new CDMA mobile network base station in Ali Bayramli covering Hajigabul, Ali Bayramli and near residences.
12 May 2006 [09:55]
Today Musavat Party Head Isa Gambar has held a press conference dedicated to re-parliamentary elections on May 13.(APA). Isa Gambar has stated that the party has forwarded 7 candidates on 10 constituencies, on the other constituency it supports other party's candidate.
12 May 2006 [08:56]
Agreement protocol on installation of Chinese automobiles in Azerbaijan has today been signed between Lifan Company, China and Ganja Automobile Plant (GAP) on GAP premises.
Scholz calls Merz to discuss US-Ukrainian Summit amid Ukraine crisis
Georgian bishop dismisses election concerns, calls for acceptance of results
From Savior to Scapegoat: Ukraine caught in crossfire
There is no sense of logic here: the Armenian woman decided to starve INSTEAD OF Rubik Vardanyan
Turkish FM Hakan Fidan to attend European leaders' meeting in London on Ukraine conflict
Iranian media highlights Armenia’s ongoing pollution of Araz River
Vietnam to grant Starlink license for satellite internet service