Insurance company "Amrah Sigorta" launched today by placing additional shares of 262 million manat, increasing the share capital by 5.5%.
According to the Baku Stock Exchange, where the shares are placed, as a result the capital will reach 5 million 661 thsd manat. Earlier it was reported that the shareholders of the structure decided to apply the method of additional issue - the cost of each of the 1 310 thousand uncertified unregistered shares is 200 manats. The underwriter of the accommodation is Unicapital.
Insurance company "Amrah Sigorta" operates in the insurance market since 1993.
In 2008, in accordance with the laws, the company, changing the legal form of organization, became a public company. In the same year, "Amrah Sigorta" received a perpetual license to conduct insurance business.
The authorized capital of the company is equal to 4 million 738.66 thousand manats. Its shareholders are two individuals (the family Ildirimzade). - 17D -
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review