Hayala Nagiyeva was appointed a new member of the Board of JSC «PASHA Bank». By decision of the Supervisory Board, she was also appointed Chief Investment Officer of the largest private commercial structure. According to the bank , previously she worked in the Department of Risk and Underwriting. So now the bank's board consists of five persons, two of whom, Aydin Atakishiyev and Shirin Aliyev were elected at the end of June this year. The OJSC «PASHA Bank» was founded in 2007, and enters a group of companies “PASHA Holding.” --17D-
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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