• Azerbaijan Airlines is launching flights from Nakhchivan to Ganja and back, AZAL told AZERTAC. Starting from May 6, flights in the Nakhchivan-Ganja-Nakhchivan direction will be performed twice a week - on Tuesdays and Fridays ...
  • Azercosmos and the Swiss Signalhorn have entered into a partnership agreement to provide uninterrupted, secure and high-quality satellite services throughout Africa via the C Band capacity on Azerspace-1 satellite. Using the latest iDirect technology, Azercosmos and Signalhorn will be able to contribute ...
  • “Azerbaijan Airlines” will start operating flights to the capital of the Czech Republic - Prague within the summer schedule of 2022. The air carrier will operate flights on the Baku-Prague-Baku route twice a week - on Mondays and Fridays. The first flight will be operated on June 17 ...
  • Azerbaijan Airlines resume flights between Baku and Berlin from May 29, press service of Azerbaijan Airlines CJSC told AZERTAC. Thus, special flights en route Baku-Berlin-Baku will be operated by the airline twice a week - on Tuesdays and Sundays. Flight tickets ...
  • The State Road Transport Service under the Ministry of Digital Development and Transport continues to create regular bus routes in the most needed directions, taking into account the safety of transportation and passengers to the territories liberated from occupation. As part of the expansion of passenger traffic to the Karabakh region, a regular intercity ...

TENDERS AT BICEX

02.01.2004 [18:35]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on January 2.
In the morning, the volume of deals closed by two ...

EX-IM BANK APPROVES $160 MILLION GUARANTEE TO SUPPORT BAKU-TBILISI-CEYHAN PIPELINE

02.01.2004 [13:10]
The Export-Import Bank of the United States (Ex-Im Bank) today approved a $160 million long-term guarantee to support the export of U.S. equipment and services for construction of the Baku-Tbilisi-Ceyhan ...

CRUDE OIL GOES UP

02.01.2004 [12:59]
Crude oil rose in New York on speculation the dollar will go down against the euro.
Crude oil for February delivery rose up to $33.03 a barrel. Crude oil for ...

ODESSA-BRODY: TO BE OR NOT TO BE

02.01.2004 [12:20]
Ukraine again had to postpone a decision on whether the pipeline should pump Caspian Sea crude to Europe or to move Russian oil to a Black Sea oil terminal for ...

AZERBAIJAN FOREIGN TRADE OVERVIEW

30.12.2003 [18:56]
According to the State Customs Committee, the foreign trade of Azerbaijan has totaled $4 billion 480 million for January-November.
Approximately, goods valued at $2 billion 163 million have been imported, ...

STATE PROGRAM DRAFT ON COMPREHENSIVE ACTINS IN ENERGY SECTOR DEVELOPED

30.12.2003 [14:04]
The Ministry of Fuel and Energy of Azerbaijan has developed a State Comprehensive Actions Program draft in energy sector for 2004-2008 and until 2013.
The program was developed in accordance ...

TENDERS AT BICEX

29.12.2003 [21:27]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on December 29.
In the morning, the volume of deals closed by two ...

PETROCHEM GROUP GOES FOR ISO CERTIFICATION IN COOPERATION WITH BUSINESS ADVISORY SERVICES PROGRAM

29.12.2003 [15:04]
According to Enterprise Centre of BP-Azerbaijan Petrochem Group’s management made a decision to prepare the company for ISO 9001-2000 certification to enhance the management and quality controls within the ...

EBRD AND AZERIGASBANK SUPPORT TRADE IN AZERBAIJAN

29.12.2003 [15:03]
Local businesses in Azerbaijan will have more opportunities to promote their goods through trade following a $1 million trade finance line from the EBRD to Azerigasbank.
The finance is ...

KAZAKHSTAN SEEKS CASPIAN OIL CARTEL

29.12.2003 [11:59]
The nations surrounding the Caspian Sea should create an OPEC-like oil cartel to help support global prices and reassure OPEC itself, Kazakh President Nursultan Nazarbayev said in interviews published on ...

WORKSHOP HELD IN NATIONAL BANK

27.12.2003 [22:03]
A workshop entitled “Problems with Transformation of Business Accounting in Commercial banks into International Financial Reporting Standards” took place in the National Bank.
According to the National Bank’s press service, ...

TENDERS AT BICEX

27.12.2003 [13:35]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on December 26.
In the morning, the volume of deals closed by two ...

INT’L SCIENTIFIC CONFERENCE HELD

27.12.2003 [13:32]
An International conference on the topic “Economic reforms in Azerbaijan Republic: “preliminary results, problems and perspectives”, organized by the Department on Development of Entrepreneurship of the Ministry of Economic Development ...

INFLATION IN ARMENIA EXCEEDED FORECASTS THREE TIMES

26.12.2003 [19:29]
Inflation in Armenia by late 2003 made up 8,8 percent instead of forecasted 3 percent, the Arminfo agency reported quoting chairman of the Central Bank of Armenia Tigran Sargsian as ...

DEVELOPMENT OF TOBACCO-CULTIVATION IN SPOTLIGHT

26.12.2003 [19:28]
A meeting dedicated to results of work implemented towards creation the base of the high-quality tobacco raw materials, determination of the activity directions for the next year.
As it was ...

TENDERS AT BICEX

26.12.2003 [12:54]
Weighted average exchange prices made up 4923,79 manat for 1 US dollar in Baku Interbank Currency Exchange on December 25.
In the morning, the volume of deals closed by two ...

TURKEY - GREECE SIGNED AGREEMENT ON GAS PIPELINE CONSTRUCTION

25.12.2003 [21:23]
Minister for Energy and Natural Resources of Turkey Khilmi Guler and Minister for Development of Greece Atanasios Tsokhadzopulos signed agreement on construction of gas pipeline with length 285 km, which ...

TRANSIT FEES NOT A PROBLEM

25.12.2003 [19:29]
Transit fees via the Baku Tbilisi-Ceyhan pipeline are expected to vary between $28 and 32 a ton. "Karazhanbasmunay Open Joint Stock Company (JSC) is planning to export 50% of oil ...

PIPELINE GETS FUNDING

25.12.2003 [19:25]
A syndicate of international commercial banks is to provide 1.2bn dollars for the Baku-Tbilisi-Ceyhan oil pipeline project, the press service of BP Azerbaijan has told AzerTaj.
The press service ...