• / ECONOMY

    ECONOMY

    • AZAL launches flights from Nakhchivan to Ganja
      AZAL launches flights from Nakhchivan to Ganja
      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, Swiss Signalhorn to deliver reliable satellite services to Africa
      Azercosmos, Swiss Signalhorn to deliver reliable satellite services to Africa
      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 ...
    • AZAL launches flights from Baku to Prague
      AZAL launches flights from Baku to Prague
      “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 ...
    • AZAL to resume flights between Baku and Berlin
      AZAL to resume flights between Baku and Berlin
      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 ...
    • Regular intercity bus route Baku–Fuzuli–Baku put out to tender
      Regular intercity bus route Baku–Fuzuli–Baku put out to tender
      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 ...

    NO OBSTACLES ON BAKU-CEYHAN PIPELINE

    27.11.2003 [20:35]
    Within past time, numerous public organizations express claims to the International Financial Corporation and make terms. In particular, ecologists and advocates of these organizations cast doubt on advisability of transportation ...

    AGREEMENT ON PRICE & VOLUME OF RUSSIAN GAS SIGNED

    27.11.2003 [20:34]
    Russia and Turkey signed an agreement on price and volume of the Russian gas to be transported through “Mavi akhin” gas pipeline to Turkey, AzerTAj referring to the press-service ...

    WB REPRESENTATIVES TOURED GUBA-KHACHMAZ REGION

    27.11.2003 [18:32]
    World Bank representative for Eastern Europe, Central and Middle Asia Chitendra Srivastava has recently visited Azerbaijan. Within the frames of the visit, the guest visited Guba-Khachmaz region where he was ...

    30,8 MILLION TONS OF CARGO CARRIED THROUGH EURASIAN TRANSPORT CORRIDOR

    27.11.2003 [18:32]
    30,8 million tons of cargo has been carried through Azerbaijan stretch of the Eurasian Transport Corridor. According to the State Statistics Committee, the volume of cargo carried through the corridor ...

    MOBILE SUBSCRIBERS EXCEED 973 THOUSAND

    27.11.2003 [17:28]
    Receipts from mobile phone communication in Azerbaijan have reached 559,7 billion manat for ten months of this year. According to the State Statistic Committee, the total revenue has increased by ...

    BUDGET OF SOCIAL FUNDS FOR 2004 INCREASED

    27.11.2003 [17:22]
    At the 26 November sitting of Milli Majlis, the parliamentarians discussed the draft “On budget of state fund for social security of Azerbaijan Republic for 2004”.
    Chairman of the standing ...

    TENDERS AT BICEX

    27.11.2003 [16:49]
    Weighted average exchange prices made up 4916 manat for 1 US dollar in Baku Interbank Currency Exchange on November 26.
    In the morning, the volume of deals closed by two ...

    CHEVRONTEXACO TO DOUBLE INVESTMENT IN KAZAKHSTAN IN 4-5 YEARS

    27.11.2003 [15:03]
    U.S. ChevronTexaco plans to invest about $4 billion in the Kazakh oil and gas sector in the next four-five years.
    The company has already invested over $4 billion and ...

    ARCADIA BUYS DECEMBER CONSIGNMENT OF AZERBAIJANI OIL

    27.11.2003 [15:02]
    International company Arcadia has won a tender to purchase the December consignment of Azeri Light oil, a source in the State Oil Company of the Azerbaijani Republic (SOCAR) told ...

    LATEST DEVELOPMENTS IN THE REGION WILL NOT HAVE A NEGATIVE IMPACT ON BTC PIPELINE CONSTRUCTION

    27.11.2003 [14:01]
    President of the State Oil Company of Azerbaijan Natig Aliyev has stated that neither recent terrorist acts committed in Turkey nor power change in Georgia would have a negative impact ...

    OPEC FUND TO FINANCE A NUMBER OF GOVERNMENTAL PROJECTS

    27.11.2003 [13:59]
    International Fund of cooperation OPEC agreed to finance a number of Governmental projects approved by the latter as very important objects: reconstruction of Ujar-Yevlah worth 30,2 Mln. USD, construction of ...

    REPRESENTATIVE OF AZERBAIJAN TOOK PART IN THE 63RDSESSION OF GENERAL ASSEMBLY

    27.11.2003 [13:57]
    The 63rd session of the General assembly of International organization of railroads has been carried out in Paris. Azerbaijan was represented by Amiraslan Ashrafov, Chief of Tariffs and Transport service ...

    BM COMPANY – CONSULTANT ON BUSBANK PRIVATIZATION

    26.11.2003 [16:55]
    Azerbaijan BM company became tender winner on choice of the consultant for privatization of the United Universal Stock Bank of Azerbaijan /BUSBank/.
    In accordance with the terms of tender, BM ...

    TENDERS AT BICEX

    26.11.2003 [14:03]
    Weighted average exchange prices made up 4915,50 manat for 1 US dollar in Baku Interbank Currency Exchange on November 24.
    In the morning, the volume of deals closed by two ...

    JOINT-STOCK COMPANY “AZERENERGY” TO PARTAKE IN WORKSHOP IN TOKIO

    26.11.2003 [12:28]
    A workshop entitled “Assessment of Projects Realized on ODA Program” will take place from November 25 to December 13, 2003 in Tokio.
    According to “Azerenergy”, the Japanese International Cooperation Agency, ...

    OIL & GAS PRODUCTION TO BE INCREASED

    24.11.2003 [16:15]
    Oil production is planned to be reached 15,45 mln tons in Azerbaijan, in 2004, exceeding current production by 50 thousand tons.
    8,75 mln tons will be produced from offshore and ...

    TENDERS AT BICEX

    24.11.2003 [15:55]
    Weighted average exchange prices made up 4915 manat for 1 US dollar in Baku Interbank Currency Exchange on November 21.
    In the morning, the volume of deals closed by two ...

    TWO NEW SETTINGS TO BE INSTALLED ON “AZERNEFTYAG” PLANT

    22.11.2003 [23:04]
    Two new settings on purification of diesel and aviation fuel are planned to install on “Azerneftyag” refinery, in the next year.
    Documents of the upcoming tender for construction of ...

    EBRD & BP INTEND TO ALLOCATE $ 25 MLN FOR GEORGIA

    22.11.2003 [23:03]
    European Bank for Reconstruction & Development / EBRD/ and BP company intend to allocate credits and grants in 25 mln dollars for Georgia to implement some projects of the regional ...
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