Thursday 23 October 2014
 
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Azerbaijan

Azerbaijan bank in sharia supervisory deal with SRB

The International Bank of Azerbaijan (IBAR) has signed a sharia supervisory agreement with the Shariyah Review Bureau (SRB), a leading global sharia advisory firm, The IBAR has a history of successful sharia compliant investments in a v

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Topaz clinches $100m BP contracts

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won two contracts worth $100 million from BP for supply of additional vessels in Azerbaijan’s largest oil and ga

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Topaz clinches $100m BP contracts

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won two contracts worth $100 million from BP for supply of additional vessels in Azerbaijan’s largest oil and ga

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DI, subsidiaries take part in Baku Build

Dubai Investments, the largest investment company listed on the Dubai Financial Market, is showcasing its capabilities and that of its subsidiaries at a major construction trade exhibition currently underway in Azerbaijan. The Bak

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Russian pipeline could doom Europe's plan

Europe's grand plan for a gas pipeline from the Caspian Sea that would make its eastern states less reliant on Russia may have been fatally undermined by Russia's even bigger project. As Azerbaijan nears a decision on whic

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Gulf banks to arrange $100m loan for IBA

International Bank of Azerbaijan (IBA) has mandated JP Morgan and three top Gulf banks to arrange a $100 million syndicated loan for funding its Shariah-compliant financing activities in the country. The top Gulf banks involved in

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Infiniti opens 2 more centres in Mideast

Infiniti, the luxury automotive brand from Japan, has opened two new facilities in the Middle East in the past two weeks – the Infiniti Centre in Baku, Azerbaijan and the Infiniti Service Centre in Dubai. With this, the number of Infiniti

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Azerbaijan group to build 'tallest tower'

Plans to build to the 'world's tallest tower' in Azerbaijan have been announced by a leading businessman, a report said. Azerbaijani businessman Haji Ibrahim Nehramli, president of the Avesta Group of Companies, said the project will come

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Turkey, Azerbaijan to sign gas pipeline deal

Azerbaijan and Turkey will sign a memorandum of understanding tomorrow (Dec. 26) to build a Trans-Anatolian gas pipeline project, which will carry Azeri gas across Turkey to Europe, Turkish energy ministry said in a statement on Sunday. Az

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Qatar Airways delays Azerbaijan, Georgia service

Qatar Airways has postponed the launch date of its new flights to Azerbaijan and Georgia to February, 2012 due to operational reasons. Originally slated to start operations on November 30, the new daily services to the capital cities of Ba

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