The process of placing additional shares in the amount of 3 million 228 manat by AXA Mbask has been completed. Due to this, its share capital has reached 19 million 733.74 thousand manats.
According to the report by AXA Mbask, it is an increase of 17.9%. The additional issue is divided into 7,854 shares of a par value of 382 manats for each security.
The insurance company AXA Mbask was established in 1992. All 100% of the shares were purchased by the company AXA Seguros Generales, SA, De Seguros YReaseguros (Spanish French financial holding company structure).
Over the past three quarters its premiums amounted to 13 million 612.25 thousand manat with payments of 8 million 310.96 thousand manat. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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