Saudi Fund for Development to allocate $35 mln to restoration of Khirdalan`s water supply

21.02.2013 [10:17]
An Azerbaijani delegation headed by deputy chairman of “Azersu” OJSC for foreign investments Ilgar Tagiyev has paid an official visit to Ar-Riyadh to hold discussions with the Saudi Fund for Development (SFD) on the project “Credit Agreement on reconstruction and expansion of water supply and sewerage ...

About 2 bln cbm of gas transported via main pipelines in January 2013

20.02.2013 [22:05]
Nearly 2 bln cbm of gas were transported via main pipelines in Azerbaijan to the world market in January, up 4,9 % compared with the same period in 2012. According to the State Statistics Committee, some 18.4% of this volume were transported ...

Baku to host meeting of Eurasian Regional Committee of World Turkish Business Council

20.02.2013 [21:37]
Baku will host a meeting of Eurasian Regional Committee of the World Turkish Business Council under Turkey`s Foreign Economic Relations Board on February 22. Turkish businessmen working in Russia, Kazakhstan, Ukraine, Turkmenistan, Georgia and ...

Azerbaijan, EU discuss energy cooperation

20.02.2013 [21:17]
Azerbaijan and the European Union (EU) have discussed a Memorandum of Understanding (MoU) on energy cooperation in Baku. Speaking to the event, senior official at Azerbaijan`s Ministry of Industry and Energy Rasim Mammadov spoke of the country`s achievements in energy sector. ...

Azerbaijani businessmen to attend Tataristan investment forum

20.02.2013 [21:16]
Azerbaijani businessmen are invited the Kama Investment Forum 2013 which kicks off in Naberezhye Chelny, Tatarstan`s second largest city. Organized by the Tatarstan Investment Development Agency on behalf of the Government of the Republic of Tatarstan, the forum will serve as an important platform for developing ...

Several provisions to be developed in field of gas and electricity supply

20.02.2013 [20:16]
The Ministry of Industry and Energy of Azerbaijan will develop provisions for the application of new regulations in the field of gas and electricity supply, the Ministry official Ibrahim Agayev told media in Baku ...

Azerbaijan`s Taxes Minister meets IOTA officials

20.02.2013 [19:40]
Azerbaijan`s Taxes Minister Fazil Mammadov has today met President of Intra-European Organization of Tax Administrations (IOTA) Samuel Tanner and Executive Secretary Miklós Kok. They discussed prospects for cooperation between Azerbaijan and IOTA. ...

EU official: ‘In terms of energy cooperation between Azerbaijan and EU, this year can be considered important’

20.02.2013 [19:20]
In terms of the expansion of cooperation between Azerbaijan and the European Union (EU) in the energy sector, this year can be considered a very important, European Commission Head of Unit for International Relations and Enlargement at the Directorate General for Energy Paula Abreu Marques said Wednesday ...

Azerbaijani delegation visits Bosnia and Herzegovina

20.02.2013 [19:08]
An Azerbaijani delegation headed by Minister of Economic Development Shahin Mustafayev has visited Bosnia and Herzegovina. The Minister met President of the Republika Srpska entity of Bosnia and Herzegovina Milorad Dodik ...

Mining sector makes 75.9% of industrial production in January in Azerbaijan

20.02.2013 [19:07]
Mining sector made 75.9% of the industrial production in January in Azerbaijan. According to the State Statistical Committee, processing sector made 17.5%, while ...

Azerbaijan, Japan to discuss space technology cooperation

20.02.2013 [18:40]
Azerbaijan and Japan will explore prospects for cooperation in space technologies as a delegation of Japan`s Economy, Trade and Industry Ministry will embark on a visit to Baku next Monday. The delegation will include representatives of leading Japanese companies as Mitsubishi ...

Azeri Light crude sells for $120.06

20.02.2013 [16:16]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $120.06. On the New York Mercantile Exchange NYMEX, cost of the US Light crude oil increased $0.20 to stand ...

OIC member states` Labor Ministers to gather in Baku

20.02.2013 [13:53]
Azerbaijan`s Ministry of Labor and Social Protection of Population will organize a meeting of high ranking officials of Labor Ministries of the Organization of Islamic Cooperation (OIC) member countries and a conference of Labor Ministers ...

Representatives of World Banks`s international mission visit Azerkimya PU

20.02.2013 [12:30]
Representatives of the World Bank`s international mission on Tuesday visited the Azerkimya PU in Sumgait to meet the leadership of the company. The meeting focused on the role of Sumgait industrial center in Azerbaijan`s economy, Azerkimya PU`s activity and its development prospects ...

Trades at BICEX

20.02.2013 [12:17]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 19. The average-weighted dollar exchange rate was 0.7837 AZN at the morning session on US currency in the BEST ...

Turkey, Russia launch Samsun-Caucasus rail-ferry link

19.02.2013 [21:09]
Samsun city of Turkey has hosted the launch ceremony of the Samsun-Caucasus rail-ferry link. The ceremony was attended by Turkey`s Minister of Transport Binali Yildirim and his Russian counterpart Mikhail Sokolov. Delivering a speech in the event, Russian minister said that the new transport corridors ...

Trades at BICEX

19.02.2013 [15:41]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 18. The average-weighted dollar exchange rate was 0.7837 AZN at the morning session on US currency in the BEST ...

Intra-European Organization of Tax Administration PCP forum kicks off in Baku

19.02.2013 [13:20]
The 19th forum of Principal Contact Persons of the Intra-European Organization of Tax Administration (IOTA) has today started in Azerbaijan`s capital. The forum is attended by representatives of 33 member countries, as well as the ...

SOCAR, Delta Rubis ink contract on storage and distribution of fuel

19.02.2013 [13:03]
Azerbaijan`s state oil firm, SOCAR, and Delta Rubis have signed a contract on the storage and distribution of fuel in Ankara. According to SOCAR Turkey, the term of the contract is 5 years ...