• 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 ...

AZERBAIJANI OIL EXPORTS TO NOVOROSSIISK UP 0.9% IN JAN-NOV

02.12.2003 [16:39]
Exports of Azerbaijani oil through the Baku-Novorossiisk route in the first 11 months of 2003 amounted to 2.338 million tonnes, which is 0.9% more than in January-November 2002, a ...

NEW VERSION OF AGREEMENT SUBMITTED TO SOCAR FOR CONSIDERATION

02.12.2003 [16:37]
In spite of the regular supplies of oil along the Baku-Novorossiisk pipeline, actual volumes transported however do not conform with the volumes indicated in the agreement for oil transit signed ...

PRESENTATION OF SECOND STAGE OF “MODEL PROJECT”

02.12.2003 [15:19]
A presentation of the second stage of the “Model Project” took place in the Public Corporation after Sattarkhan on December 1.
Opening the ceremony, chairman of “Azerneftkimyamash” public corporation Ali ...

PRESIDENTIAL DECREE ON SOCIO-ECONOMIC DEVELOPMENT IN AZERBAIJAN REPUBLIC DISCUSSED

02.12.2003 [15:19]
According to Finance Ministry’s press-center, a collegiums dedicated to goals resulting from Presidential Decree “On Measures for Acceleration of Socio-Economic Development in Azerbaijan Republic” took place on December 1 in ...

VOLUME OF CURRENCY TRADES AT BICEX CLOSE TO $500 MILLION

01.12.2003 [22:28]
The currency section of the BICEX has defined the list of banks – leading operators of currency market in November 2003.
According to BICEX’s PR office, International Bank of Azerbaijan, ...

TENDERS AT BICEX

01.12.2003 [19:13]
Weighted average exchange prices made up 4916,88 manat for 1 US dollar in Baku Interbank Currency Exchange on December 1.
In the morning, the volume of deals closed by two ...

AZERBAIJAN REJECTS RUSSIA’S CLAIMS

01.12.2003 [19:07]
Azerbaijan has not accepted Russia’s proposals to increase volume of oil transporting via northern Baku-Novorossysk pipeline. Transportation of extra oil through the pipeline is not profitable from economic point of ...

INTERNATIONAL CONFERENCE FOR TEA-GROWING DEVELOPMENT

29.11.2003 [22:14]
In accordance with the November 24 decree of President of Azerbaijan Ilham Aliyev “On Measures for Acceleration of Social and Economic Development in the Republic of Azerbaijan”, an international scientific ...

NIKOL ASSETS INCREASED 2,8-FOLD

29.11.2003 [21:58]
“NIKoil” bank’s assets rose 2,8-fold to 35 billion AZM against 12,3 billion manat in early 2003. the rest on accounts increased by 40 percent to about 9 billion AZM. The ...

NIKOIL BANK FOCUSED ON DEVELOPMENT OF SMALL AND MEDIUM ENTREPRENEURSHIP IN AZERBAIJAN

29.11.2003 [21:58]
Further capitalization of “NIKoil” bank will be continued within the frames of the development strategy until 2008. Shareholders should give their own vision of business development in Azerbaijan, thus, the ...

PRODUCTION VOLUME OF SOME OIL PRODUCTS INCREASED

29.11.2003 [21:29]
Although, production of black diesel oil has been decreased by 13,2 and 2 percent respectively by “Azerneftyanajag” and “Azerneftyag” plants for the last ten months, according to the State Statistics ...

DIVIDENDS TAX EXEMPTION TO INCREASE CONFIDENCE IN BANKS

29.11.2003 [21:28]
Chairman of the Milli Majlis Standing Commission for economic policy Sattar Safarov told AzerTaj correspondent that exemption of lottery and loan winnings as well as dividends from banking operations from ...

TACIS SUPPORTS MINISTRY OF ECONOMIC DEVELOPMENT

29.11.2003 [14:40]
British company IMC Consulting starts realization of TACIS’ project ‘Supporting the Ministry of economic development of Azerbaijan’ at the cost of 1,6 Mln. Euro.
This project has been worked out ...

TENDER AN BICEX

29.11.2003 [14:14]
Weighted average exchange prices made up 4916,81 manat for 1 US dollar in Baku Interbank Currency Exchange on November 28.
In the morning, the volume of deals closed by two ...

WORKSHOP IN FRAME OF “ASSISTANCE TO WOMEN’S ENTREPRENEURSHIP” PROGRAM

28.11.2003 [23:00]
The Independent Law Center has arranged a workshop within the frames of the OSCE-funded project “Assistance to Women’s entrepreneurship”. The conference was attended by representatives of embassies, OSCE’s Baku office ...

CAPACITY OF HYDROELECTRIC POWER STATIONS INCREASED IN AZERBAIJAN

28.11.2003 [22:59]
The heavy rains increased the level of water in Mingachevir reservoir. And it, at the same time, boosts the electric energy output.
According to Azerenergy, as a result of showers ...

CREDIT INVESTMENTS IN ECONOMY INCREASED

28.11.2003 [22:59]
According to estimations by November 1, 2003, 3128,2 billion credits have been invested in Azerbaijan economy and it is, according to the National Bank, by 20,3 percent more than that ...

TENDERS AT BICEX

28.11.2003 [19:04]
Weighted average exchange prices made up 4918 manat for 1 US dollar in Baku Interbank Currency Exchange on November 27.
In the morning, the volume of deals closed by two ...

AMENDMENTS AND SUPPLEMENTS TO TAX CODE TO ACCELERATE ECONOMIC DEVELOPMENT

28.11.2003 [18:18]
The Milli Majlis of Azerbaijan discussed the draft law “On Amendments and Supplement to Tax Code of the Republic of Azerbaijan” during its November 27 sitting. Prior to the discussions, ...