Another Gap in Financial Market
Financial problems have swept another participant of the financial market.
According to the official newspaper of the Ministry of Taxes, Vergiler, Trust Asset Management Company engaged in asset management in the securities market has announced self-destruction. After this, the market segment now involves only 2 companies - Invest Az Asset Management and Az Finance Asset Management.
Recall, the company Trust Asset Management with the authorized capital of 500 thousand manat was registered in July 2014.
In addition, the securities market has 12 licensed brokers, 13 dealers, 2 companies leading registers of holders of securities and 2 depositories. In addition, it includes BSE and a processing center. --17D-
Economics
-
The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas projects in the Mediterranean, SOCAR said in a statement on Wednesday.projects in the Mediterranean, SOCAR said in a statement on Wednesday.
-
On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
-
Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
-
Azerbaijan Railways (AZD) has launched rail transit shipments from Zira Port, located 45 kilometers east of Baku, strengthening the country's position as a logistics hub on the Middle Corridor.
Leave a review