• TEKNOFEST Azerbaijan Aerospace and Technology Festival has today kicked off in Baku. The event has been organized annually by the Turkish Technology Team (T3 Foundation) and the Ministry of Industry and Technology ...
  • 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 ...

REFUGEES RECEIVED 1 MILLION 300 THOUSAND USD CREDIT

13.10.2003 [14:51]
Granting credits to the internally displaced persons is underway.
The World Bank has allotted 2 million USD to finance the IDPs, Social Fund for refugees and IDPs said. 7 credit ...

EU TO REALIZE TWO ECONOMIC PROJECTS IN AZERBAIJAN

13.10.2003 [14:51]
European Union will realize two economic projects in Azerbaijan - "Assistance to the ministry of economic development" and "Modernization of tax system".
Realization of these projects will ease automation of ...

MICROFINANCING BANK GRANTED OVER 1500 CREDITS

12.10.2003 [16:59]
The total amount of the credits granted by the Azerbaijan Microfinancing Bank has reached $2,6 million. Over 1500 of them were to repaid before October 1. According the bank’s official, ...

TENDERS AT BICEX

11.10.2003 [15:57]
Weighted average exchange prices made up 4909,54 manat for 1 US dollar in Baku Interbank Currency Exchange on October 10.
In the morning, the volume of deals closed by two ...

MICRO FINANCING BANK HAS GIVEN 1500 LOANS

11.10.2003 [15:32]
The total amount of credit portfolio of the Azerbaijan Micro Financing Bank has reached today $2,6 million. The number of loans which were to be returned by October 1 exceeds ...

EBRD WILL OPEN A $5 MILLION CREDIT LINE TO MICRO FINANCING BANK OF AZERBAIJAN

11.10.2003 [15:32]
Micro Financing Bank of Azerbaijan signed an agreement with the European Bank for Reconstruction and Development (EBRD), which is to allocate a $5 million credit line for entrepreneurship development in ...

UNIBANK ENTERED VISA INTERNATIONAL SYSTEM

11.10.2003 [15:31]
Unibank has become an associated member of the international payment system Visa International. This decision was taken at a regular meeting of Visa International Board held on October 9, 2003 ...

COOPERATION OF IRANIAN AND AZERBAIJANI ENERGY WORKERS DEVELOPING

11.10.2003 [12:54]
National energy companies of Iran and Azerbaijan “Azerenergy” and “Tavahir” are developing communications and technological dispatch control as a vital part of the power system dispatching.
According to “Azerenergy”, a ...

ISSUES ON WOMEN ENTREPRENEURSHIP IN GEORGIA AND AZERBAIJAN DISCUSSED

11.10.2003 [12:53]
The National Confederation of Entrepreneurs Organizations together with the International Labor Organization have conducted course on October 5-9.
This action is taken within the frameworks of the “Development of the ...

IRAN GAVE CONSENT FOR 40 MILLION USD CREDIT

11.10.2003 [12:53]
The government of the Islamic Republic of Iran gave its consent to assign a $40 million credit for reconstruction of Alat-Astara road. The adjoining state looks destined to construct the ...

BUG CLEARED AT HPS

11.10.2003 [12:52]
Within the program on preparations for the wintertime 2003-2004 maintenance crews of Mingachevir Hydroelectric Power Station /HPS/ and “Azerenergykhususitamirsazlama” continue working at the Mingachevir and Varvara HP Stations.
According to ...

DEVELOPMENT OF ANIMAL HUSBANDRY IN CENTRAL ASIA AND CAUCASUS DISCUSSED

10.10.2003 [15:49]
A regional conference dedicated to the development of animal husbandry issues was held in Tashkent. The workshop was initiated by the Center for Agricultural Studies in the Dry Lands. Specialists ...

EC REPRESENTATIVES TO DISCUSS TACIS PROJECTS IN BAKU

10.10.2003 [15:18]
On 15 October, a delegation led by head of the A-4 cooperation department of the European Commission Dino Sinigaliya and TACIS projects manager Estatis Dalamangas will visit Baku.
As stated, ...

UNIBANK LAID OVER 24 PERCENT OF FUNDS OF THE EBRD CREDIT LINE

10.10.2003 [15:17]
By the end of September 2003, Unibank has laid over 24 percent of funds of the credit line of the European Bank for Reconstruction and Development, directed to crediting of ...

CUSTOMS OFFICIALS OVERFULFILLED 9 MONTH PLAN

10.10.2003 [14:58]
State Customs Committee, its local structures fulfilled plan by 102,8% for January-September.
Customs officials gathered and transferred to the state budget customs taxes and duties in sum 744,8 bln ...

TENDERS AT BICEX

10.10.2003 [13:08]
Weighted average exchange prices made up 4910 manat for 1 US dollar in Baku Interbank Currency Exchange on October 9.

In the morning, the volume of deals closed by two ...

SMALL ENTERPRISE BECOMES LARGE PRODUCTION BRANCH

10.10.2003 [12:05]
The Ganja small enterprises “Chirag” occupying in one of the national trade - metal coining, produces numerous household goods. Production was repeatedly raised high interest at the international exhibitions held ...

INTERNATIONAL FORUM HELD IN KAZAKHSTAN

10.10.2003 [12:04]
An int’l forum, “Customs policy as a mean of foreign investments attraction”, with the participation of the representatives of customs services of Azerbaijan, Georgia, Turkey, Russia, US Embassy, main companies-investors ...

SUMGAIT BUILDING MATERIALS PLANT LAUNCHED

09.10.2003 [22:56]
The Sumgait building materials plant has launched its first production. Recently, the certain private company refurbished and reconstructed the Sumgait brickworks.
Speaking at the opening ceremony, head of Sumgait Executive ...