Azerbaijan Airlines CJSC (AZAL) plans to establish air service with the Russian Volgograd and Astrakhan cities, as well as with the cities of Russia’s Far East, AZAL Vice President Eldar Hajiyev said. Hajiyev said these plans were reflected in the company’s program that covered the period of up to 2021. As of now, AZAL is…Details
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In the course of the regular auction held by Azerbaijan’s State Committee on Property Issues on November 29, 19 state property units have been sold as part of a new privatization program. Three small state property units and one unused non-residential area of the privatized objects are located in Baku, one facility is located in…Details
Kazakh national gas transportation operator KazTransGas built a booster compressor station at the connection TIP-02 between the main gas pipeline “Bukhara gas-bearing region-Tashkent-Bishkek-Almaty” and “Kazakhstan-China”, the company said in a message. The new booster compressor station located in Zhambyl region will allow to have gas pumping between these pipelines, despite different design pressures. This is…Details
An ad hoc working group being created in the government would draw up a program on restoration of Ukrainian aviation industry for the medium term outlook. The document is to be approved by Ukraine’s Cabinet of Ministers in early 2017. The press service of the government reported that the decision was made after a meeting…Details
Azerbaijan and Mexico are successfully cooperating in trade, Mexican ambassador to Azerbaijan Rodrigo Labardini said at a press-conference in Baku on November 29. Labardini recalled that the Azerbaijani embassy opened in Mexico in 2007, while the Mexican embassy in Azerbaijan launched its activity in 2014. The ambassador said that the opening of diplomatic missions contributed…Details
An auction for placement of short-term notes worth 75 million manats of Azerbaijan’s Central Bank will be held at the Baku Stock Exchange (BSE). Some 750,000 notes at a par value of 100 manats each and maturity period of 28 days will be put up for auction. The maturity date of the notes is December…Details
Uzbekistan plans to start a large-scale liberalization of its exchange rate policy in 2017 in accordance with the draft decree of the Uzbek president. The draft decree was developed by the Central Bank and was promulgated for discussion on the Uzbek single portal of interactive state services. One of the main lines of the new…Details