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If Turan Leaves…
SOCAR implements the Leucipa digital program to optimize production
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Azerbaijan reduced gas exports by 300 million cubic meters in January
Azerbaijan’s oil exports decreased by 100 thousand tons in January
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Georgia reduced gasoline imports from Russia in 2024
OPEC maintains its oil demand growth forecast
U.S. expects Brent oil price of $74.5 per barrel in 2025
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
OPEC: $10 trillion spent on the energy transition
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
European Gas Prices Fell After Putin-Trump Phone Call
Moldova Closes the "Russian House" in Chișinău
Home page
Economics
Economics
Economics News
31 October 2013
Subsidies from State Budget to Increase
Foreign Debt per Capita Rose by 19.3%
DemirBank Increased Net Profit by 57 %
Discussed Progress of Execution of Action Plan for Development of Securities Market
Theory and practice of journalism from Azercell
The winners of the Summer Football School Manchester United will be shot in the new commercial for the company Bakcell
With the support of Azercell authors of start-up projects visited the United States
Samsung Galaxy Note 10.1 (2014 Edition) in Baku is cheaper than the average for the CIS
Insurance Supervision to Become More Mobile in Azerbaijan
SOCAR started extraction of gas condensate from well no 90
AGBank starts Golden Crown
Ganja House-Building Plant Cannot Find Client
Actuaries in Law
Shopping on the Internet and Stores Outside Bolkart Network in Installments over 3 Months
Authorized Capital of Ganjabank Reached 45.5 Million Manats
Insurance Company A-GROUP until October Suffered Loss of 600,000 Manats
CBA notes yield fell to 1.09 % per annum
Gasprom, LUKoil and Rosneft in Platts top ten
Statoil invested $5 billion into Azerbaijani projects
38.2% of gas extracted from Shah-Deniz phase 1 bought by SOCAR
88.7 billion cub.m. of associated gas extracted on Azeri-Chirag-Guneshli field
SOCAR put into operation production well on Neft Dashlary
Economics News
30 October 2013
Ministry of Environment prevented construction of facility on the site of trees felled
Ganja to host Azerbaijani- Turkish business forum
Civil society proposes to improve the system of land alienation and registration
New language pack integrated into Windows 8 and Windows 8.1
Tomorrow starts Healthcare Exhibition BIHE 2013
Bank Nikoil increased its net profit by almost 28%
Gas supply from well no 90 on Bulla Deniz field into system suspended
The Accounting Chamber endorsed the parliamentary discussion of the state budget of the country
Foreign currency trade in August fell significantly
Nar Mobile Internet sponsors theater AzCinemaOnline
Polymedia Company in Baku
Turnover of money transfers in 8 months reached 1.8 billion dollars
Advanced training for mediators of the insurance market
Local business spent 99.6 % of concessional lending for 2013
Amrahbank announces additional issue
Electronic money will be on an equal footing with other means of payment
Employers will be required in respect of salaried employees
The share of foreign capital in the local insurance market could rise to 30%
TuranBank increases share capital by 10 %
On October 1, 2013 assets of VTB Azerbaijan reached 200 million U.S. dollars.
BP net profit increased by 2.3 times up to $22.4 billion
Iran to offer advantageous contracts to oil companies
AGIP KCO president resigns
In 2015 Kazakhstan intends to launch polypropylene production
National plan of measures to prevent oil spill worked out
Express insurance for customers of Taxi 189
State commission for Azerbaijani gas deliveries to Europe created
Economics News
29 October 2013
Within Dilmanc speech is converted to text
A lump sum from Qala Hayat Sigorta
Expected increase in utility tariffs and energy prices
The Chamber has tested tax charge of commercial structures
The total profit of banks in the first eight months reached 225 million manats
The government does not know how to cover the budget deficit
Ata Bank has expanded loan portfolio by almost a quarter
Net profit increased by 92% at Accessbank
Azer-Turk Banki completed the placement of the last issue of shares
Just over a third of the total private deposits insecure
Instability in the aluminum market, affecting exports Det.AL Holding
There are no conditions for small and medium-sized enterprises in Azerbaijan
DemirBank made possible online payment on loans
AMF put half of the announced issuance of bonds
Cities will not need night illumination anymore
Azerbaijan consumes more and more oil products
Investments into Azerbaijan"s oil industry exceeded $5 billion
Moving terminal from Baku bay to Alat district advantageous from commercial and social viewpoints
After ten years SOCAR Turkey Enerji to have incomes worth $15 billion
EU imposes trans-Caspian pipeline project on Azerbaijan and Turkmenistan, says Russian foreign minister
Economics News
28 October 2013
Credit House issued bonds for AZN 1 million
Parabank increased its net profit by 70.2 %
Bank VTB (Azerbaycan) increased for three quarters by almost 94 %
Zaminbank opens new branch in Baku
As part of the campaign "Pay non-cash, get cash" cash prizes totaled 35 695manatov
Ganjabank posted more than 81 % of the last issue of shares
At the local market sold 12.42 % of the mobile devices of unknown origin
AzeriCard fully completed work on acquiring the introduction of Visa payWave
Investors bought SMTB for 5.5 million manat
Turkish experts help professional development of junior staff in hotels of Baku
JSC AtaInsurance announced financial results for the first 9 months of 2013
Since the beginning of the year increase of foreign labor was 2 544 people
In Chisinau, discussed the regulation of the securities market in CIS
The project Khazar Islands inspired privatization of Avesta Concern
LUKoil extracted first oil in Iraq
Iran builds underground oil storages
Until end of 2013 Gasprom and CNPC could sign gas contract
Azerbaijan occupies 81st place in the world in energy stability rating
IMF forecast: Azerbaijan has balanced budget with oil price at $90.00 per barrel
State budget received $55 billion from oil fund
Economics News
25 October 2013
Saved Well on Bulla Deniz Ready for Operation
Bank Avrasiya increased its net profit by 5.2 times
The situation with the performance of occupational health to be checked
Khalg Bank under the state mortgage program credited the more than 1,000 families
Bank Silk Way expanded its lending by 3.4 times
ABTC scheduled for November 11 thematic courses
State Property Committee used 90 % of the special account
IBA grew by a quarter
Azer-Turk Banki put half of the last issue of shares
Heads of AZAL and "Caspar" ignore the Ministry of Transport
AMF puts on the sale of bonds next batch of the latest issue
Bureau of Mandatory Insurance activated in the Green Card
Azerbaijanis in intellectual club HP CIS
Commercial digital TV package for Lenkoran , Guba and Sheki regions
Company BAKOND - Champion service solutions LG Electronics
New solutions in information technology from Oracle
Hard times for Gunay Sigorta
Gas resources of biggest field in Turkmenistan could be increased
Number of crimes in oil industry increased in Kazakhstan
Kazakhstan put up for sale onshore oil and gas blocs
During 9 months Russia reduced gas deliveries to Armenia by 3.7%
SOCAR: well on Bulla Deniz denis fully under control
Economics News
24 October 2013
Needed universal implementation of laws on small and medium business
Bank Respublika offers a loan that will make your small business stronger
The analysis of the comparative superiority of the non-oil sector
Financial services provided by 1,016 post offices of LLC Azerpoct
CBA notes yield fell to 1.13 % per annum
Centralized resources CBA fifth of all bank liabilities
Deficit of cash circulation in August was 240 million manats
Start of "The League of insurers - 2013"
Long-term and short-term savings individuals grew in proportion to August
Payout ratio Bashak -Inam Insurance an example for the insurance market of Azerbaijan
Taxes announced a reduction of tax debts
Transit carriages along the TRACECA decrease by 8 %
Tajikistan has most expensive fuel in central Asia
Rosneft applied for offshore sections in Caspian sea
Production to be resumed on Kashagan field as soon as reason of gas leakage detected
Till 2030 oil production in Russia could increase up to 600-800 million tons
Call- center VTB (Azerbaijan) handled 30,000 calls for year
Kura Energy to build 16 hydraulic power stations in Georgia
Azerbaijan and France to consider possibility of development of bitumen field
Oil pumping via Baku-Novorossisk pipeline suspended for a day because of strike in Daghestan
SOCAR saved well on Bulla Deniz field, fire extinguished
Economics News
23 October 2013
Eased Conditions of Sale of State Assets
Experts Believe Illegal Appointment of Head of Accounting Chamber as Minister
The winner of the Summer School Football Manchester United in the final of World Skills 2013
Income from Asset Management at SOFAR Decreased Almost 30%
Prepared rules of organization and transfer of broadband Internet
iPad mini with Retina display: small, but efficient
Presented new models of Apple products
Association of Kaspar and SOCAR Oil Fleet Centralizes Cash Flow Industry
Securities Market Shrinks by a Third
Started Regular Regional Trainings by Finance Ministry
Amount of Data received by FMS Increased in January -September, up 38 %
Gubad Ibadoglu: The relocation of Ministers and the Sum of their Efforts will not Change
NFES Identified Priority Areas for Lending in Gobustan
AtaBank Announced Launch of Campaign "Discover the World of Privileges Visa!"
Azer-Turk Banki Proceeds to Most Recent Issuance of Shares
International Reserves Increased in September by 2.2 %
KazMunaiGas Exploration and Development forecasts growth of production from 2013 to 2015
Georgia to start petrol import from Turkmenistan
Industry not part of ministry of energy anymore
Economics News
22 October 2013
All owners of Bolkart can now change the card for MasterCard
The number of active payment cards of Capital Bank declined by almost 9 %
Premium VISA card from Bank Respublika to give a 20% discount in stores MyBrands
Bank BTB posted a 63.8 % stake of the last issue
Industrial accidents decreased
Muganbank increases the authorized capital by 5 million manats
Tomorrow starts Exhibition BakuBuild 2013
Only 53.4 % of subscribers are provided with water meters
Changed the composition of the Supervisory Council of VTB Bank (Azerbaijan)
Credit card "Exclusive" from VTB Bank (Azerbaijan)
Investors complain about one in four joint-stock companies
Import of cars increases by 11.4%
State Property Committee proposes to simplify the procedure of foreclosure
Within 4 years, the authorized capital of IBA will exceed $ 1 billion
Armenia , Georgia and Moldova joined the Eastern Partnership Energy
Company Ata Sigorta can be called car insurer
Halliburton profit increased by 17.2%
Growth of oil products production expected in Azerbaijan
$3 billion spent for Shah-Deniz-2 project development
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14 February, 15:11
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If Turan Leaves…
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SOCAR implements the Leucipa digital program to optimize production
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A Unique Exploration of Climate Change and Storytelling in Baku: A New Documentary Theatre Experience
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MP on deportation of migrants from Russian Federation
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13 February, 13:28
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13 February, 12:43
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Azerbaijan to redeem part of domestic public debt ahead of schedule
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13 February, 11:53
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13 February, 11:49
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Jeyhun Bayramov to attend Munich Security Conference
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13 February, 11:45
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Azerbaijan files lawsuit against Armenia to international arbitration
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Ilham Aliyev receives credentials of Ambassadors of Paraguay, Belarus and Turkey
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Azerbaijan increases social insurance receipts by nearly 12%
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13 February, 11:07
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Azerbaijan's revenues from export of insurance services decline by more than 23%
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'İpək Yolu Sığorta' insurance company convenes shareholders' meeting
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13 February, 10:43
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Foreign currencies rates fixed by Central Bank
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European powers demand seat at table in Ukraine talks
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Russia's Putin holds phone call with Syria's Sharaa
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Russian spy in Ukraine's anti-terror centre 'caught after being fed false secrets' to send to Moscow
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