Business
05 April 2006 [14:13]
Presentation "World trading system and Azerbaijan" was held in Baku April 5.
05 April 2006 [13:00]
The Baku Interbank Currency Exchange (BICEX) has defined the list of banks - leading operators of foreign currency exchange market in March 2006.
05 April 2006 [10:48]
A high level business delegation from the Ministry of Culture and Tourism of Azerbaijan held talks with business and industry representatives of Ras Al Khaimah, to consolidate trade and business co-operation between Azerbaijan and RAK, especially in the fields of tourism and industry.
05 April 2006 [09:55]
The fourth meeting of the International consultation group of the Extractive Industry Transparency Initiative (EITI) started in Baku on Wednesday.
05 April 2006 [08:17]
The Ministry of Finance invited the Turkmenian part to Baku for continuation of negotiations on Azerbaijan's debt to Turkmenistan.
05 April 2006 [08:10]
Extraordinary and plenipotentiary Ambassador of Germany to Azerbaijan Detlef Lingemann has started his visit to western regions of Azerbaijan.
05 April 2006 [08:01]
The agricultural mission of the World Bank (WB) visited Baku yesterday.
05 April 2006 [07:56]
Total volume of savings and deposits attracted by banks operating in Azerbaijan made up AZN 1377.3 million by March 1 of the current year.
05 April 2006 [07:39]
In March of the current year, 399 thousand 417 tons of oil was transported by means of the Baku-Novorossiysk pipeline. SOCAR transported 60 thousand 455 tons and AIOC 338 thousand 962 tons.
04 April 2006 [19:21]
"The Azerbaijani-Turkish relationship is on the highest level," President stated after negotiations with Ahmad Nejded Sezer, the Turkish President, who is on official visit to Baku.
04 April 2006 [18:49]
Turkish businessmen have invested $2.2bn in the Azerbaijani economy, Turkish President Ahmet Nejdet Sezer stated April 4.
04 April 2006 [18:34]
Etibar Pirverdiyev, the President of Azerenerji JSC, has visited the Nakhchivan Autonomous Republic (AR) to get familiar with the course of the construction of the 40-MW gas turbine power station and the implementation of the project on construction of the module station in the republic.
04 April 2006 [15:33]
In the 1st quarter Bibieybat OGPU of the State Oil Company of Azerbaijan (SOCAR) produced 31,690 tons of oil with forecasted 30,650 tons of oil.
04 April 2006 [15:30]
A large delegation led by the Economy Minister of Poland, head of the Azerbaijan-Poland Intergovernmental Economic Commission, Piotr Wozniak will arrive in Baku tomorrow at the invitation of the Azerbaijani Minister for Economic Development Heydar Babayev.
04 April 2006 [11:24]
The Turkish company Yuksel Domonik has elaborated upon their technical and economic plan for the construction of the Kars-Akhalkalaki railway - a 98 kilometer project which is estimated to cost between USD 350-450 million.
04 April 2006 [09:11]
AtaAcademy operating under the AtaHolding Open Joint-Stock Company staged press-conference.
04 April 2006 [09:06]
Evaluation of financial efficiency of each operation has been started to be introduced in the MBask Insurance Company.
04 April 2006 [02:16]
Last year under the land reforms 4.9 million hectares (56.9%) of the single land supply was kept in state ownership, 2 million hectares (23.5%) transmitted to municipal ownership and 1.7 million hectares (19.6%) privatized.
04 April 2006 [02:06]
The President of the Barmek Azerbaijan Electricity Network Limited Liability Company (LLC) Huseyn Arabul will inform the President of Turkey Ahmad Nejdet Sezer of the problems the Company has been facing recently in Azerbaijan.
04 April 2006 [01:59]
In the nearest two months European Commission will start implementation of the project "Management of Borders" in Azerbaijan.
03 April 2006 [22:58]
Georgian police have discovered the theft of oil from the Baku-Supsa pipeline.
03 April 2006 [20:03]
03 April 2006 [15:54]
The Bahamian authorities will only decide about the Czech request to have Irish financier of Czech extraction Viktor Kozeny extradited after they settle the same request by the USA, Justice Minister Pavel Nemec and his deputy Roman Polasek told journalists.
03 April 2006 [15:20]
Natik Aliyev, the Azerbaijani Minister for Industry and Energy, is currently attending the Black Sea Energy Conference, which started in Bucharest, Romania, on 3 April and will last till 5 April.
03 April 2006 [15:18]
The head of the State Railroad Department (SRD) of Azerbaijan, Arif Askerov will head the Azerbaijani delegation at the meeting of the 43rd international forum of the Railroad Transport Council of CIS and Baltic countries that is to be held in Tallinn (Estonia).
03 April 2006 [15:10]
From 27 through 31 March AZERI LT average price, sold by Azerbaijan in Novorossiysk port, was $64.38 per barrel or $1.52 per barrel down as compared to the previous week.
03 April 2006 [14:51]
Next meeting of Tariff Council will be held soon.
03 April 2006 [14:48]
Dismissed employees of Azertrans, sub-company of Azpetrol Group of Companies, staged a protest outside the headquarters of the company in Icheri Sheher.
03 April 2006 [12:33]
If Imishli Sugar-Refinery meets the needs, there will be no need to sugar import, Economic Development Minister Heydar Babayev told journalists.
03 April 2006 [11:53]
Barmek, the company controlling energy supplies in Baku, Sumgayit and Northern districts of Azerbaijan has open its second customer service branch office in Sumgayit.
03 April 2006 [09:12]
On April 1, in the Baku Business Center, has been signed the Memorandum on mutual understanding between the Ministry of Economic Development of Azerbaijan and the Peace Corps of USA. Minister Heydar Babayev and Peace Corps country director Zoltan Szigethy signed the document.
03 April 2006 [09:01]
The preliminary estimated expenses for construction of the Turkish part of the Baku-Tbilisi-Ceyhan pipeline have went up by 400 million dollars.
03 April 2006 [08:55]
As it was earlier informed, the delegation, led by Vice-Chairman of the governmental commission of Azerbaijan on the World Trade Organization (WTO), the Deputy Foreign Minister of Azerbaijan Mahmud Mammadguliyev, is in Geneva to carry out bilateral and multilateral negotiations on admission of Azerbaijan Republic into WTO.
01 April 2006 [15:17]
Azerbaijan has successfully concluded talks with Moldova and Georgia on the cooperation under the World Trade Organization (WTO) as a result of the bilateral talks between the governments of both countries.
01 April 2006 [14:44]
Azerbaijan Investment Company's founding capital will be formed by the State Oil Fund of Azerbaijan.
01 April 2006 [14:39]
European Bank for Reconstruction and Development (EBRD) will purchase 20% of the stock packet of Swiss company Holcim, which has privatized Garadag-cement in 1999.
01 April 2006 [10:30]
126 hotels, 21 motels, and 115 establishments of hotel type operated throughout the last year in Azerbaijan.
01 April 2006 [10:02]
Business forum "Development of Azerbaijani Tourism" will be held in the United Arab Emirates 2-4 April.
01 April 2006 [09:50]
The Bank Standard Close Joint-Stock Company (CJSC) granted first mortgage loan through the Mortgage Fund of Azerbaijan (MFA).
01 April 2006 [09:30]
The State Agency for Standardization, Metrology and Patents will start inspections in all petrol-filling stations operating throughout the republic from April 1.
01 April 2006 [08:52]
Application of new certification standards in Azerbaijan is worked out and an action plan was prepared in this connection.
01 April 2006 [08:29]
Agreement was signed between the National Deposit Centre (NDC) of Azerbaijan and Rosbank Joint-Stock Commercial Bank (JSCB) of Russia.
01 April 2006 [01:25]
The state budget of 2006 will be reconsidered in the second half of the current year, Minister of Finance Avaz Alakbarov stated.
31 March 2006 [16:56]
Bankgesellschaft Berlin credit line allows UniBank to finance projects of different goods exports from EU and USA to Azerbaijan.
31 March 2006 [14:04]
Dede Gorqud - the fifth tanker of the Azerbaijani Caspian Shipping Company (CSC) build on the same model as Heydar Aliyev tanker will be launched in two months, the Head of CSC, Aydin Bashirov told.
31 March 2006 [13:57]
The Ministry of Ecology and Natural Resources drafted a project on afforestation in the area of 6,000h, which will enable to resolve partially a problem of throwing of carbon gas to air, Huseyn Bagirov, the Azerbaijani Minister for Ecology, told journalists today.
31 March 2006 [10:06]
The Azerdemiryolbank Joint-Stock Bank (JSB) joined the Travelex international money transfer system.
31 March 2006 [09:14]
AtaBank Open Joint-Stock Company (OJSC) presented "Advance – 13th prize", "Advance – With Bonus", and "Advance – Maximal" deposits to its clients.
31 March 2006 [09:09]
Time-table of trains will be reviewed at the next meeting of the Railway Transport Council of the CIS and Baltic countries in Tallinn late in April.
31 March 2006 [09:05]
New equipment regulating gas supply is expected from Holland to Nakhchivan gas-turbine power plant these days.
31 March 2006 [08:53]
"Holding the symposium on Energy Efficiency and Sustainable Development in Baku has a great significance for Azerbaijan."
31 March 2006 [08:49]
The Joint Venture Azercell Telecom concluded roaming contracts with the Orange operator of France and CelTel operator of Malawi.
31 March 2006 [08:36]
The issue on lending $50 million credit to the Azerbaijan State Railway Office (ASRO) will be reviewed at the meeting of the Directors' Board of the European Bank for Reconstruction and Development (EBRD).
31 March 2006 [00:45]
The Azerbaijan Investment Company JSC was established by decree on additional measures on facilitating of investment activities, signed by President Ilham Aliyev.
30 March 2006 [23:35]
On April 1 the Azerbaijani State Commission on Student Admission (SCSA) will hold entrance exam on admission to work to the State Property Management Committee (SPMC), SCSA informs.
30 March 2006 [22:54]
The Azerbaijani State Property Management Committee (SPMC) concluded a contract with RRC Ltd on purchase and sale of shares of "Oguz sharab" (wine) JSC.
30 March 2006 [13:45]
Construction works to build Baku-Tbilisi-Ceyhan (BTC) main export pipeline are conducted with an aim to finish all the construction works by May 27.
30 March 2006 [12:52]
Azerbaijani President Ilham Aliyev signed decree on state regulation of in the sphere of import and export of ozone-destructive substances.
30 March 2006 [10:27]
The chair of the State Customs Committee (SCC) Aydin Aliyev today received the Vice President of BP Azerbaijan, Mr.Phil Hom.
30 March 2006 [10:10]
Last year over 620 intellectual property objects and about 60 contracts on 110 objects passed the state registration in Azerbaijan, certificates were presented to more than 150 copyright owners and electron base for protection of musical compositions and folklore samples abroad was expanded up to 5 thousand.
30 March 2006 [09:53]
Deficiency of liquid gas in the republic will be eliminated these days.
30 March 2006 [09:47]
Destruction of the railroad infrastructure in the occupied Azerbaijani territories will be discussed at a conference of the directors general of the Organization for Cooperation of Railways to be held in Baku April 24-28.
30 March 2006 [09:25]
From this year on, foreign businessmen in Azerbaijan must pay social security tax according to the law "On social insurance".
30 March 2006 [08:49]
The management of the Barmek Azerbaijan Electricity Network Limited Liability Company (LLC) systematically informs the Prime Minister about the events taking place in the Company.
30 March 2006 [08:38]
Charges preferred by the management of the EKA Dish Tijaret Ltd. Company against the Unibank Joint-Stock Commercial Bank on Bank's misappropriating property pawned the Company are groundless.
29 March 2006 [18:14]
The issue was discussed at the meeting of the Azerbaijani Foreign Minister, Elmar Mammadyarov and the Delegation of the US Trade and Development Agency, with Daniel Stain in charge.
29 March 2006 [16:31]
The first stage of negotiations between the Ministry of Economic Development and Russian Aluminum on the building of aluminum factory in Azerbaijan has completed.
29 March 2006 [16:28]
More than 50 companies from 15 countries will take part at the 5th AITF-2006 tourist exhibition that is to take place at the Heydar Aliyev Sport-Concert complex April 20-22.
29 March 2006 [12:55]
State Committee for the State Property management has offered new legislative projects to bring the privatized State Property in accordance with the market price.
29 March 2006 [12:49]
6.3 billion of AZM were invested in the Azerbaijani economy from all the sources in 2005. It is in 12, 7% more than in the previous year. The Azerbaijani Minister of Economic Development, Heydar Babayev told that at the meeting with Director of the Energy and Communal Services Department of the European Bank for Reconstruction and Development (EBRD), Anthony Marsh.
29 March 2006 [10:51]
The 7th power unit in the Azerbaijan Thermal Power Plant (TPP) will be stopped for prophylactic purposes for 4-5 days.
29 March 2006 [10:49]
By January 1 of the current year, the number of leasing operations implemented in Azerbaijan was 365, and leasing portfolio totaled $34.008 million.
29 March 2006 [10:44]
Azerbaijan may hand over about 3 billion cubic metres of oil gas to the Azerbaijani side this year.
29 March 2006 [09:50]
On March 31 a conference "Direct Foreign Investments and Development" will be held in Baku under organization of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and with the support of the TACIS Program.
29 March 2006 [09:48]
The Azerenergy Open Joint-Stock Company (OJSC) is implementing structural reforms in the Bayva Energy Management Centre.
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