Business
16 February 2006 [14:19]
"The Azerbaijan government notified the PA Consulting Company that it does not plan to set up a special regulating body in the country's energy field," the company's head of the project for technical assistance in the Azerbaijan energy sector, MacNeil Watkins said on Thursday.
16 February 2006 [08:18]
The Turkish Industrialists' and Businessmen's Association (TUSIAD) jointly with the Ministry of Taxes will award its members that are disciplined and paid taxes most of all in 2004.
16 February 2006 [04:17]
Tax revenue forecast was implemented 113.1% in January this year and AZN 313.2 thousand entered the budget.
16 February 2006 [04:00]
A credit agreement was signed between Tekhnikabank and Toronto-Dominion Bank of Canada yesterday.
16 February 2006 [03:48]
The chair of the Supervisory Board of the Tekhnikabank Open Joint-Stock Company Etibar Aliyev refuted information on detention of employees of the Bank as a result of inspections implemented in the Bank by tax authorities.
16 February 2006 [00:34]
The National Bank of Azerbaijan (NBA) calls on the depositors of the Azerbaijani Technikabank and Debutbank not to worry about the measures, taken by the tax bodies at the banks in relation to violation of tax legislations by firms Olymp-L and Buta.
15 February 2006 [18:24]
Japan welcomes the desire of Azerbaijan to become a member of the World Trade Organization (WTO), the Ambassador of Japan to Azerbaijan Tadahiro Abe said in a statement, commenting on the official Tokyo stance in regard to the membership of Azerbaijan in WTO.
15 February 2006 [13:59]
The "Azerenerji" Joint Stock Company (JSC) jointly with the general contractor of the modular stations constructing in Azerbaijan will accomplish erecting of two stations in Sheki and Hachmaz areas of Azerbaijan during August-September.
15 February 2006 [10:30]
The Baku Telephone Communication Production Union (BTCPU) intends to secure a license from the National Teleradio Council for providing telecasting service by means of telephone lines.
15 February 2006 [10:25]
III meeting of the Extractive Industry Transparency Initiative (EITI) International Advisory Group will be held in Nigeria on February 16.
15 February 2006 [10:20]
Level of oil production in Azerbaijan has increased approximately by 2 times since 1991.
15 February 2006 [09:30]
According to the state investment programme, the Superphosphate Plant situated in Sumgait will be privatized till the end of the year.
15 February 2006 [09:25]
Azercell Telecom intends to open a customer service office in Ali Bayramli in May.
14 February 2006 [22:30]
As a result of the activities of UniBank in January 2006 its assets grew by 61% as compared January 2005, and comprised 69.14m AZN (345.7bn AzM).
14 February 2006 [22:25]
"PSA on Azeri-Chirag-Guneshli fields is applied only on the development of oil reserves of the field, while the vacant gas remained a topic of another agreement," said Natik Aliyev, the Azerbaijani Minister for Industry and Development.
14 February 2006 [22:10]
In the framework of the fourth sitting of the International Consulting Group of the Extracting Industry Transparency Initiative (EITI) to take place on 5 April in Baku the workshop or conference on transparency are scheduled to be organized, the EITI commission head, the chief of the State Oil Fund of Azerbaijan (SOFAR) Samir Sharifov said.
14 February 2006 [22:05]
"Europe looks for additional sources of gas delivery and the Azerbaijan's role in the process considerably grows. Azerbaijan will produce around 20bn cu m of gas by 2015," Natig Aliyev, the Industry and Energy Minister, said.
14 February 2006 [21:55]
Sitting of the working group on the energy cooperation of the Black Sea Economic Cooperation Organization (BSECO) member states started in Baku on Tuesday.
14 February 2006 [16:15]
"The Azerbaijani government spent around $800,000 on the work in the framework of the struggle with Bird flu," Ismayil Hassanov, the Head of the State Veterinary Service under the Agriculture Ministry, said on Tuesday.
14 February 2006 [15:10]
The first tanker with the Azerbaijani oil produced from the Azeri-Chirag-Guneshli fields will be delivered from the Turkish port Ceyhan in May 2006, Natik Aliyev, the Azerbaijani Minister of Industry and Energy, stated.
14 February 2006 [12:37]
The chief economist of the International Monetary Fund (IMF) statistics department Mig Silver will visit Azerbaijan on 28 February.
14 February 2006 [10:20]
Ministry of Communication and Information Technologies plans to raise a question in International GSM Association on illegal activity of "Karabakh Telecom" registered in Armenia on the occupied Azerbaijani territories.
14 February 2006 [09:25]
Next competition for selection of commercial banks for servicing the treasury will not be held earlier than the beginning of 2007.
14 February 2006 [09:15]
Taxes transferred to the budget in foreign currency will be used by the government for implementation of payments in currency.
14 February 2006 [09:10]
The Ministry of Taxes forecasts that tax revenue will increase by 46% in 2007.
14 February 2006 [08:45]
Several agreements in various economic realms are planned to be signed between Azerbaijan and Russia within the framework of the Russia-Azerbaijan economic forum to be held in Baku on February 22-25.
14 February 2006 [08:39]
The State Customs Committee (SCC) announced a tender on plumbing installation in the administrative building of the SCC Medical Service Office.
14 February 2006 [08:30]
The AZAL National Aviation Company has cancelled Baku-Delhi and Baku-Haleb flights since February 17 due to increase of price of TS-1 aviation fuel.
14 February 2006 [08:07]
Next meeting of the Working Groups on the Baku-Tbilisi-Akhalkalaki-Gars railway-construction project will be held in Turkey late in February.
14 February 2006 [07:50]
The government of Azerbaijan refused receiving two credit transfers in amount of $40 million from the World Bank (WB) under the Poverty Reduction Support Credit (PRSC) project.
14 February 2006 [07:48]
The government of Azerbaijan intends to introduce the mechanism for reduction of taxes by stages in the nearest future.
14 February 2006 [07:42]
Consumer goods amounting to AZN 426.5 million were sold to population of the country in January of the current year and it exceeds the same figure of the relevant month of 2005 by 12.3%.
13 February 2006 [15:05]
Azeri postal officials will attend a regular meeting of the Council of Postal Operators of the Regional Cooperation Organization to take place in the Latvian capital Riga on April 19-21.
13 February 2006 [15:00]
By the decision of the National Bank of Azerbaijan (NBA) the quotation rate of the Azerbaijan Mortgage Fund (AMF) on which it will allocate credit resources to authorized banks have been approved. It constitutes 6%.
13 February 2006 [14:59]
A seminar to prepare a transport sector development strategy will be held in Baku February 14-15.
13 February 2006 [13:38]
The Finance Ministry of Azerbaijan will submit a draft decree on approval the program on strengthening control for state funds expenditures to the presidential administration for signing by the President of Azerbaijan.
13 February 2006 [03:20]
The government of Azerbaijan intends to attract $1.2 billion of credit within the framework of the cooperation strategy with the World Bank (WB) for 2006-2009.
13 February 2006 [03:16]
The International Bank of Azerbaijan (IBA) intends to sell at least 250 thousand chip-cards to clients in 2006.
13 February 2006 [03:11]
The Azerbaijan Airlines State Company stopped Baku-Delhi and Baku-Karachi flights from yesterday.
13 February 2006 [03:02]
A meeting on the 6th anniversary of establishment of the Ministry of Taxes was held the day before yesterday.
12 February 2006 [15:59]
As of 1 January, 2006, credit investments in various sectors of economy, including past-due loans have totaled 7204.8 billion manats with natural persons getting 29.09% of them, National Bank's press-service reported.
12 February 2006 [15:38]
Finance Minister Avez Alekberov said that Azerbaijan would use its own funds to finance some projects.
11 February 2006 [22:17]
Ministry of Taxes is conducting an inspection in over 4000 establishments at present, Taxes Minister Fazil Mammadov told.
11 February 2006 [15:29]
Budget receipts of the State Oil Fund of Azerbaijan Republic (SOFAZ) made up 660 million manats in 2005 while budget outlays came to 233 million manats.
11 February 2006 [11:50]
It was said at a roundtable "Where are national information resources? Hosting state in Azerbaijan: problems and perspectives", held by non-governmental organization Internet Forum of Azerbaijan on Friday.
11 February 2006 [01:27]
Presentation of a harvester-thresher, purchased according to Agricultural Production Volumes' Raising in Azerbaijan Project in the framework of common grants' program of Japan government, took place at Meshadi Azizbekov experimental-testing plant of Azerbaijan Agricultural Ministry.
11 February 2006 [01:10]
The Azerbaijan oil will reach on 15 February the second pumping station, located in Pasinler, Erzerum area, Turkey, through the Baku-Tbilisi-Ceyhan oil pipeline.
10 February 2006 [18:11]
The Azerbaijan oil will reach the second pumping station, located in Pasinler, Erzerum area, Turkey, through the Baku-Tbilisi-Ceyhan oil pipeline, on February 15.
10 February 2006 [17:27]
The preparatory stage of the work under the Baku-Tbilisi-Akhalkalaki railway route. In the nearest future it is planned to set up direct actions over the construction of groundwork.
10 February 2006 [09:20]
Oracle, the biggest producer of corporative software in the world, holds Oracle Days in Azerbaijan. Business conference "Oracle Applications Day" and technological conference "Oracle Technology Day" are organized within this event under support of the Azerbaijani President's Administration on Thursday.
09 February 2006 [17:32]
"Oracle evaluates the IT market of Azerbaijan as attractive, the Oracle vice-president," said general director of Oracle CIS Boris Sherbakov said in a statement to journalists today.
09 February 2006 [11:31]
Fitch international rating agency has released a report called "Systemic risks in the banking sector".
09 February 2006 [09:20]
British company won a tender.
08 February 2006 [19:57]
The Commission on Subscriber Complaints of Barmek Energy Distribution Company of Baku considered complaints by 1,777 subscribers in January 2006.
08 February 2006 [19:54]
The report from the Georgian Railways says, the strategy, produced by the service in the current year envisages due attention to the requirements of customers, quick shaping of documents and efficiency of the control system.
08 February 2006 [16:46]
Chairman of the State Committee on Securities under the president of the Azerbaijan Republic (SCS) Gyunduz Mammadov held the news conference.
08 February 2006 [14:53]
?urkey started talks on Turkmenistan gas deliveries, Turkish Minister of Energy and Natural Resources Hilmi Guler told journalists before his flight to the USA, where discussions of issues related to the Caspian energy carriers deliveries to Turkey and further to European markets are planned.
08 February 2006 [14:51]
The workers' wages raised 25% on February 1, informed Rovnag Abdullayev, the president of State Oil Company of Azerbaijan (SOCAR).
08 February 2006 [14:30]
Samir Nabiyev, Anar Badalov and Vusal Jafarov, persons who were fired by McDermott's contractor company PCH are ready to take legal actions against company's management.
08 February 2006 [11:48]
Last year Azerbaijan exported 61% more of its non-oil production, comparing with 2004.
08 February 2006 [10:05]
One more worker was dismissed from the McDermott Company.
07 February 2006 [20:17]
State Concern cancels flights to Dehli and Karachi.
07 February 2006 [15:06]
The Azercell Telecom plans to invest $93,572,000 in the communication field in 2006, the JV head Serdar Djanogullari said today at the news briefing.
07 February 2006 [03:58]
As of the beginning of the current year, total volume of deposits of juridical and natural persons in banks operating in the republic increased by 25.6% to AZN 1288.02 million.
06 February 2006 [20:46]
The winner of the investment competition on privatization of 99.34% of shares of Siyazan-Sharab JSC, announced by the State Committee on Governance of State Property, became Jahandar Company.
06 February 2006 [20:19]
International Finance Corporation (IFC) has prolonged duration of Azerbaijan Leasing Development Project for another year.
06 February 2006 [19:20]
Azerbaijan has cut off delivery of natural gas to Georgia since yesterday.
06 February 2006 [19:04]
Azerenerji JSC supposes to establish two groups to construct module power stations simultaneously taking into consideration short terms of construction.
04 February 2006 [15:30]
The oil policy and strategy of Azerbaijan have been discussed in Berlin at the international conference "Opportunities for application of socio-economic and political strategy of Norway in the Caspian region."
04 February 2006 [15:02]
On the results of 2005 the profit of the International Bank of Azerbaijan comprised 105,308bn manats, or 41.1% more as compared 2004.
03 February 2006 [18:53]
The Fifth sitting of the state commission on Azerbaijan joining the World Trade Organization has been held today at the Baku business centre. The sitting was chaired by the Minister of Economic Development Heydar Babayev.
03 February 2006 [16:29]
Barmek Azerbaijan, the energy distributing company, is ready to implement 10-year investment program in 2 years.
03 February 2006 [16:19]
Azerbaijani President Ilham Aliyev participated in an opening ceremony of a module station in Astara District, south Azerbaijan, on Friday.
03 February 2006 [03:35]
"Zaminbank" OJSC increased its assets by 32.6% during the past year to AZN 15.956 million by the beginning of 2006.
03 February 2006 [03:17]
The Azerbaijan Microfinance Bank (AMFB) increased its assets by 2.3 times in 2005 to AZN 20.39 million by the beginning of the current year.
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