PLANT PROVIDES FREE FOOD ITS STAFF

26.08.2003 [22:56]
After Ganja Aluminous Plant was handed over to the management of Holland “Fonder-Metal”, technological processes have been gradually put in order here and the plant has resumed its operation. About ...

‘AUSTRIAN AIRLINES’ OPENS ITS OFFICE IN AZERBAIJAN

26.08.2003 [21:43]
Josef Burger, President of ‘Austrian Airlines’ told a press-conference dedicated to the opening of the company’s office in Azerbaijan that the oil strategy, economic reforms carried out in Azerbaijan indicate ...

TENDERS AT BICEX

26.08.2003 [19:26]
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 August 26 valued 4914 manat for ...

KAZAKH-UKRAINIAN OIL EXPORT PIPELINE PROJECT

26.08.2003 [14:33]
Kazakhstan and Ukraine will create a working group to study the possibility of transporting Kazakh oil exports through a pipeline between the Black Sea port of Odessa and the ...

ELECTRIC FLUX SET IN OPERATION

26.08.2003 [14:30]
The inter-system trans-Azerbaijani power line Astara (Azerbaijan)- Astara (Iran) has been set in operation. This was contained in a press release from Azerenergy JSC. According to testing schedules, on ...

PRIVATE COMPANY RENDERS ASSISTANCE TO VILLAGES

26.08.2003 [14:28]
Administrative buildings for local municipalities were constructed in the villages of Garabagli, Kursangi, Kerimbeyli at the financial support of Salyan Oil Ltd, Compny. Besides, school buildings in these villages were ...

FOR EQUIPMENT UPGRADING OF THE ENERGY SYSTEM OF AZERBAIJAN

26.08.2003 [14:25]
The report complied from the study into the state of affairs of the energy sector of Azerbaijan, prepared by the American company Burns and Roe Enterprises will be the ...

INCREASE CARRIAGE BY SEA

26.08.2003 [14:24]
The Baku International Commercial Sea Port, for the first seven months of this year handled 5.8 million tonnes of cargo, a 19.5% growth considered on year-on-year assessment. According to ...

TENDERS AT BICEX

25.08.2003 [21:48]
Weighted average exchange prices made up 4915 manats for 1 US dollar in Baku Interbank Currency Exchange on August 25.
In the morning, the volume of deals closed by two ...

VOLUME OF DEPOSITS INCREASED BY 52,6 PERCENT

25.08.2003 [21:46]
The amount of funds and deposits, attracted by Azerbaijani banks, has totaled at 2862,3 billion manat. According to the National Bank’s press-service, this figure has become more by 11,5% compared ...

VOLUME OF CREDIT INVESTMENTS TO ECONOMY OF AZERBAIJAN INCREASED

25.08.2003 [21:08]
By August 1, 2003, credit investments to economy of Azerbaijan come to 2924,4 billion manats, it is more by 12,4 percent more than the data by January 1, 2003, press ...

OVER 50 PERCENT OF CREDIT DEPOSITS ARE DIRECTED TO COMMERCE AND SERVICES

25.08.2003 [21:08]
The total volume of credit deposits on different fields of economy, without data on overdue credits, come to 2378.6 billion manats by August 1.
According to the press service of ...

TOTAL VOLUME OF AUTHORIZED CAPITALS OF BANKS INCREASED

25.08.2003 [21:07]
By August 1, 2003, ninety-four credit organizations have licenses for conducting banking transactions. Forty-eight out of this number are non-banking credit organizations, press service of the National Bank of Azerbaijan ...

MONEY SUPPLY IN CIRCULATION INCREASED BY 5.6 PERCENT

25.08.2003 [19:13]
The total volume of money supplies in circulation came to 2331,4 billion manats by August 1. According to the press service of the National Bank of Azerbaijan (NBA), it is ...

DEPOSIT INSURANCE FUND TO CREATE

25.08.2003 [19:13]
A number of actions directed to insurance of deposits in banks and their return are being taken.
A deposit insurance fund will be founded to create a system of deposit ...

NEGOTIATIONS WILL GO ON IN DUBAI

25.08.2003 [19:12]
Discussion of the draft Convention “On cancellation of double taxation” and Agreement “On encouragement and mutual defense of investments” between the governments of the Republic of Azerbaijan and the United ...

GASPROM TO OPEN REPRESENTATION IN TURKMENISTAN

25.08.2003 [13:41]
The board of directors of Gasprom has approved the move to open a representation in Turkmenistan. This was contained in a press release from Gasprom JSC. The board meeting ...

KAZAKH BLACK SEA OIL EXPORTS UP 40 %

25.08.2003 [13:41]
The Caspian pipeline consortium, shipping crude from Kazakhstan to Russia's Black Sea port of Novorossiisk, said on Friday its exports will rise by 40 percent to 435,000 barrels per ...

U.S. ROLL BACK CLEAN AIR RULES

25.08.2003 [13:40]
The Bush administration will allow old coal-fired power plants and oil refineries to emit more air pollution.
The aim of the move is to make it easier for industrial ...