TRACECA SUPPORTS AZERBAIJAN MINISTRY OF TRANSPORT

03.12.2003 [18:06]
Preparation and technical parameters of TRACECA’s two projects for support of Azerbaijan Ministry of Transport were discussed in the course of a three-day visit of the head of TRACECA program’s ...

BTC CREDIT AGREEMENT TO BE SIGNED BY DECEMBER

03.12.2003 [16:23]
BTC Co., the operator for the Baku- Tbilisi-Ceyhan pipeline, will sign a credit agreement with financial organizations by December.
According to reports of BP an exact date has not ...

CONSULTATIONS HELD

03.12.2003 [14:32]
On November 24-28, consultations for development of bilateral cooperation were held between the Ministry of Economic Development of Azerbaijan and the Ministry of Economic Cooperation and Development of the Federative ...

TENDER AT BICEX

03.12.2003 [11:01]
Weighted average exchange prices made up 4917,43 manat for 1 US dollar in Baku Interbank Currency Exchange on December 2.
In the morning, the volume of deals closed by two ...

IFES IMPLEMENTS NEW PROJECT IN AZERBAIJAN

02.12.2003 [22:32]
International Foundation for Election System (IFES) has started implementing the project “Economic Courses for Municipalities” financed by the Organization for Security and Cooperation in Europe.
According to the organization’s Baku ...

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 ...