Business
24 May 2005 [09:26]
The European bank of reconstruction and development approved for construction of office complex in Baku allotment of $15,5mln for realization of the project by company Azinvest Property in Baku.
24 May 2005 [08:51]
The National bank of Azerbaijan increased Bank rate by 0,5%.
24 May 2005 [08:42]
The price of oil will reduce from $50 down to $30-40 in the middle-time perspective in the world market.
24 May 2005 [08:36]
The Board of directors of Islamic Bank of development adopted decision about conducting of annual meeting of the bank in 2010 in Baku.
23 May 2005 [11:56]
Prospects of development of relations between France and Azerbaijan were in the focus of the "Days of Caucasus" held recently in Paris, in the building of the Senate.
21 May 2005 [09:55]
Baku, IAA "Trend" 20 May corr. V.Sharifov.
21 May 2005 [08:58]
The purpose of IMF mission, which visited Baku 4-18 May 2005 led by Mr. Vitali Kramarenko (deputy division chief, Middle East and Central Asia department) was discussion with representatives of Azerbaijan government of economic policy, which could support summarization of results of the fifth review within frames of Poverty reduction and growth facility, which will end July 4, 2005.
21 May 2005 [08:18]
The delegation of the World Bank (WB), headed with director of WB on the state Mrs. Dona Kayrola and WB specialist Christian Peterson is to arrive to Azerbaijan 23 May.
20 May 2005 [19:50]
It will require years for Azerbaijan to join to the World Trade Organization (WTO).
20 May 2005 [19:01]
World Customs Security Exhibition II-Forum started in the Sport and Concert Complex named after Heydar Aliyev yesterday.
19 May 2005 [14:37]
At present automated taxes payment project is being realized in the field of improving the taxes system of the country.
19 May 2005 [14:23]
The Directors Council (DC) of the World Bank (WB) adopted a decision about granting to Azerbaijan $68 million credit.
19 May 2005 [14:12]
The series of measures must be conducted in order not to run polluted water from the lakes situated in the Absheron peninsula into the sea.
19 May 2005 [14:05]
7914,2 bln manats of the capital was invested into economy of Azerbaijan for January-April 2005 ($1622,76 mln by average exchange rate of January- April in 4877 AzM/USD).
19 May 2005 [13:55]
Within frames of corridor "East-West" the Presidents of Azerbaijan, Georgia, Turkey and Kazakhstan are to sign political declaration, during solemn event of starting of oil pumping to pipeline Baku-Tbilisi-Ceyhan (BTC) in Baku 25 May.
18 May 2005 [21:22]
For realization of the project on provision by high quality potable water finances in amount of $1 bln are to be required.
18 May 2005 [21:20]
"Garadagh" Cement LTD has rebuffed the local media reports on non-payment of taxes to the public budget by the company, Trend reports.
18 May 2005 [21:14]
In late May the German Society for Technical Assistance (GTZ) plans to hold seminars in Sheki and Guba, and late June in Gyanja for local judges, GTZ reports, according to Trend.
17 May 2005 [10:43]
The Ministry of transport of Azerbaijan plans starting realization of project of construction of Baku circle road by the end of this year.
17 May 2005 [10:36]
Session of the Board of directors of Azerbaijan-American Joint Venture Caspian Drilling Company (CDC) has started in London 16 May.
14 May 2005 [14:44]
As a result of the investigations held by he Ministry of Taxes (MT) in the "Garadagh-Cement" OSC some law disordering and violations were revealed in the work of the company.
14 May 2005 [14:33]
The chairman of the State Customs Committee Kamaladdin Heydarov held a press-conference yesterday.
14 May 2005 [14:31]
Danish company Maersk drilled 4100 meters during passage of the first exploration well in structure "Yalama" (block D-222) by order of Russian LUKOIL, the agency Trend reports, the reliable sources inform about this.
14 May 2005 [14:29]
It won't be possible to raise the minimum wage from June. Finance Minister Avaz Alakberov informed about it.
14 May 2005 [13:52]
State Oil Company of Azerbaijan Republic (ARSOC) is preparing the future oil export strategy of Azerbaijan taking into consideration Baku-Supsa, Baku-Novorossiysk, and Baku Tbilisi-Ceyhan pipelines.
13 May 2005 [12:49]
Georgian President Mihkeel Saakashvili and Azerbaijani leader Ilham Aliyev had a telephone talk on Thursday, the President's Executive Power announced.
13 May 2005 [12:32]
The Ministry of Finance will hold investigations in 55 objects this year.
13 May 2005 [12:24]
An annual conference was held concerning the execution of the "Poverty reduction and Economic Development Program" in Guba hall of the "Hyatt Regency" hotel yesterday.
13 May 2005 [12:21]
USA is ready to assist Georgia at negotiations on purchase of additional volumes of gas from Azerbaijan, produced at field "Shah-Deniz".
13 May 2005 [12:04]
Reserves of new gold deposit "Bashkend" in Nakhichevan (NAR) are estimated in amount of 300-350 tons.
13 May 2005 [11:51]
During January-April 2005 Azerbaijan International Oil company (AIOC) working at sea block "Azeri-Chirag-Guneshli", exported totally 2,744 mln. tons of oil, this is by 709 thousand tons more than indicators of January-April 2004.
12 May 2005 [19:17]
It is expected, that 1,5 million of tourists will visit Azerbaijan in 2005, the press-service chief of the Ministry of Youth, Sport and Tourism, Rafig Abbasobv told Trend.
12 May 2005 [18:45]
The representative staff guided by the leader of the mission on Azerbaijan of the International Currency Fund (ICF) Vitali Kromarenko is holding meeting with the official of the country.
11 May 2005 [18:45]
BTC Co, operated by BP, has started filling the BTC head pump station at the Sangachal terminal (PSA), marking the first line fill phase of the Baku-Tbilisi- Ceyhan (BTC) oil export pipeline, the agency Trend reports.
11 May 2005 [18:34]
For solution of tax payments with LUKOIL Azerbaijan involves international auditor companies.
07 May 2005 [17:50]
American ExxonMobil during negotiations with State Oil Company of Azerbaijan compensation in amount of $27 mln for refusal from drilling of exploration well at prospective structure "Nakhichevan".
06 May 2005 [16:06]
Next 10th meeting of the USA-Azerbaijan Working Group on Economical cooperation was held in Baku.
06 May 2005 [14:37]
The Minister of economic development Farkhad Aliyev predicts growth of economy by 18-20%.
06 May 2005 [14:23]
The decree of Azerbaijan president Ilham Aliyev about settlement of anti-inflation processes may be signed in the nearest two-three days.
05 May 2005 [19:25]
Several Chinese companies study the possibility of obtaining of operator functions in the project of rehabilitation and development of onshore field "Hovsany-Zykh", the agency Trend reports, reliable sources inform about this.
05 May 2005 [19:20]
Ganja car plant signed General agreement with Ulyanov car plant.
04 May 2005 [16:22]
Talks on Azerbaijan's entrance to he World Trade Organization (WTO) have been scheduled for June, the Azerbaijani Foreign Ministry announced.
04 May 2005 [15:41]
(Reuters) - Tbilisi will attempt changing contract with consortium headed with BP about transit of natural gas from Azerbaijan field "Shah Deniz" to Turkey, with aim to increase gas share, fixed by agreement for Georgia, the Minister of energy Nika Gilauri said.
04 May 2005 [15:24]
The head of mission of the International monetary fund (IMF) Vitaliy Kramarenko is to arrive to Azerbaijan 8-9 May.
03 May 2005 [14:48]
The company Ryder Scott, independent oil gas consultant, estimated reserves of Azerbaijan onshore filed "Southern-Western Gobustan".
03 May 2005 [13:54]
30 big buses have been brought to Azerbaijan from abroad.
03 May 2005 [13:29]
Azerbaijan International Bank (AIB) intends to strengthen the leadership of the country in plastic cards market.
03 May 2005 [13:27]
The antimonopoly code is under development in Azerbaijan.
03 May 2005 [13:20]
The financial police of Georgia informed BP Azerbaijan about incut to pipeline Baku-Supsa, which transports oil from Azerbaijan field "Azeri- Chirag-Guneshli".
30 April 2005 [16:30]
Presently, court examination between the ministry of ecology and natural resources of Azerbaijan and Gobustan Operational Company is proceeding.
30 April 2005 [16:28]
The highest quantity of oil to be produced in 2005 in Azerbaijan - 20 mln 293 tons.
30 April 2005 [15:07]
Investment Company DEG, the member of the group of German bank of development KfW, announced its plans on middle term investments to financial sector of Azerbaijan.
29 April 2005 [16:24]
After request of Georgia State Oil Company of Azerbaijan SOCAR is ready allocating to this state additional volume of diesel fuel.
29 April 2005 [15:49]
The session of management board of organization ECOSAI (Organization of Supreme Bodies of Financial control of states of Economic Cooperation Organizations ECO) has launched 28 April, in Baku.
29 April 2005 [15:36]
The president of State Oil Company of Azerbaijan Natik Aliyev appointed by his decree the new vice-president of the company.
29 April 2005 [15:05]
German investment company DEG, entering group of companies of German bank of development KfW, allocated credit line to Azerbaijan bank "Respublika".
28 April 2005 [19:46]
International Monetary Fund compiled the rating list of world states according to the level of national income per person.
28 April 2005 [18:44]
Bilateral agreement on joining of Azerbaijan post network to above indicated system of money orders is to be signed between the state enterprise "Azerpochta" and system of International money orders Western Union in the second half of 2005.
28 April 2005 [18:32]
Absence of interest to securities is directly connected with their low rate of profitability.
27 April 2005 [18:29]
Three main factors influence on growth of inflation in Azerbaijan.
27 April 2005 [17:45]
The employee of American McDermott, which is operator of BP Azerbaijan and conducts construction of underwater pipelines, died during accomplishment of works at specialized ship "Israfil Huseynov".
27 April 2005 [17:24]
The European Union intends starting development of new middle term plan.
27 April 2005 [17:17]
Several British companies are to start operation of gold mines, discovered in Kedabek region of Azerbaijan.
27 April 2005 [17:00]
The wages of employees of the budgetary organizations and social benefits will increase in Azerbaijan, Azerbaijani President Ilham Aliyev stated in an opening ceremony of the Olympic Complex in Shamakhi District, central Azerbaijan, on Tuesday.
26 April 2005 [14:06]
Five draft new inter-governmental and inter-departmental documents on cooperation have been prepared between Azerbaijan and Kazakhstan, diplomatic sources told Trend.
26 April 2005 [14:01]
Around 2 million tourists are expected to your Azerbaijan in 2005, the Ministry of Youth, Sports and Tourism told Trend.
26 April 2005 [13:54]
American ExxonMobil completed ecological researches by results of drilling of the first exploration well at prospective structure "Zafar- Mashal", the agency Trend reports, ExxonMobil informed about this. Company is operatorof the project with 30% of shares.
26 April 2005 [13:09]
The Ganja car plant produced 103 cars for the first quarter of this year.
23 April 2005 [08:55]
For three months of 2005 the volume of external turnover of Azerbaijan was $1,6 bln.
22 April 2005 [19:23]
"Silk Way Airlines" Azerbaijan company got permission for transporting international humanitarian freights.
22 April 2005 [19:11]
"Salyan Oil" company began to meet the worker's needs.
22 April 2005 [17:57]
Establishment of transport system for transportation of Kazakhstan oil up input flange of pipeline Baku-Tbilisi-Ceyhan (BTC) between two states is estimated by experts twice cheaper than it has been stated previously during round of negotiations between two states.
22 April 2005 [17:38]
In 2005 the Azerbaijani public budget grew approximately 30%, Azerbaijani President Ilham Aliyev told a meeting dedicated to the economic results of the first quarter of 2005.
21 April 2005 [16:43]
Azerbaijan and representatives of BTC Co. at today stage of negotiations with Kazakhstan party agree in the text of future intergovernmental agreement between two states about pumping of Kazakhstan oil by pipeline Baku-Tbilisi- Ceyhan (BTC).
21 April 2005 [16:41]
Georgia expressed its wish to increase future contract purchase of natural gas from Azerbaijan field Shah-Deniz.
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