Some 531 loans for the total amount of €6,2 million have been given by the German-Azerbaijani Foundation (GAF). The foundation, showing attention to crediting of small and medium business in ...

A 20-member delegation, consisting of Spanish business people is to be on visit to Baku between September 17 and 18. Spanish Embassy in Ankara and the Confederation of Entrepreneurs of ...

A special company will be founded to manage the Aktau-Baku system. Four companies, main investors of Kazakhstanian Kashagan field and members of the BTC Co with 15 percent of shares ...

A passenger express train Baku Astara was put into operation on September 5. This train named “Janub” consists of four carriages, for 43 seats in each, one business-class carriage for ...

Expedition of the Institute of Archaeology and Ethnography under National Academy of Sciences of Azerbaijan is implementing large-scale field researches.
As a result of rise of Kura river level, plenty ...

Two thousand young plants of “Grand Smit” и “Fuje” sots of apples have been delivered to Azerbaijan from France and planted in Guba Regional Scientific Plant-Growing Center.
The firm “Frazer” ...

According to the results of tenders held in currency section of the Baku Inter-bank Currency Exchange (BICEX), the average weighted exchange rate of USD/AZM on September 4 valued 4912.48 manat ...

A separate company will be founded to operate Aktau-Baku system; four companies: Eni, TotalFinaElf, ConocoPhilips and Inpex involved in development of Kazakh field ‘Kashagan’ with 15 percent share in BTC ...

An agreement on purchase of 20 percent of shares of the Azerbaijani UNIBANK by the European Bank for Reconstruction and Development (EBRD) was signed on September 5 in Baku. Today, ...

The 17th sitting of the CIS Economic Council with the participation of the Deputy Prime Ministers will be held in Moscow, on September 5.
The participants will discuss the proposals ...

The 7th export goods exhibition on the initiative of theAzerbaijan National Confederation of Entrepreneurs Union and Turkish Forum Fuar enterprise will be held in the Europe hotel in Baku, on ...

Enterprises of the joint stock company Azerenergy produced over 1,486 kwt/hr of electric power in August of 2003. This number was announced by the press-service of Azerenergy with the reference ...

A United Nations Conference on Trade and Development Conference /UNCTAD/ has issued a report on direct foreign investments inflow in the world, UN Baku office reports. According to UNCTAD ...

Since the beginning of 2003, 3,428 billion cubic meters of gas have been extracted in Azerbaijan, which is by 2,6% more than scheduled volume. Some 2,766 billion cubic meters out ...

The European Bank for Reconstruction and Development and the International Finance Corporation plan to consider financing the Baku-Tbilisi-Ceyhan pipeline project in October.
EBRD Senior Banker Charlotte Philips said ...

The European Bank for Reconstruction and Development is to make a resolve granting quota of the State Oil Company of the Azerbaijani Republic (SOCAR) a credit in 2004 to finance ...

According to results of tenders held in currency section of the Baku Inter-bank Currency Exchange (BICEX), the average weighted exchange rate of USD/AZM on September 3 valued 4914 manat for ...

Juridical persons and individuals of Azerbaijan have fulfilled foreign trade transactions with foreign partners from 111 countries for the total sum of $2,7 billion for 7 months of 2003. The ...

The LUKoil Company submitted a number of new offers to the State Oil Company of the Azerbaijani Republic (SOCAR) on rehabilitation of a block of onshore fields Govsani-Zikh, Director of ...