The assets of the insurance company Buta Sigorta in the first half of the year amounted to 10 million 775.838 thousand manats, decreasing since the beginning of the year by 17.1% (2 million 237.789 thousand manats).
The company’s capital for the reported period grew by 21% (1,564,869 manats) and totaled 8,801,778 manats.
The liabilities of Buta Sigorta for the six months decreased to 1,974,060 manats (65.8% - 3,802,657 manats).
The company's net income in the first half of the year amounted to 1,564,868 manats. -----71D
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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