AXA MBASK offers vacancies
On the background of the financial crisis, followed by a massive reduction in the banking system, a local insurance company AXA MBASK has announced the recruitment of specialists for sales services. Eligible standard: good knowledge of Azerbaijani and Russian, English language skills, diploma of higher education, at least three-year experience (preferably in the field of security), the practice in the field of specialization. To exercise the powers related promotions, including corporate products, the increase in the customer base and sales, providing high-quality information services. Salary is negotiable. Those interested can send a CV to the email addresscareer@axambask.az, details on the virtual page of the companyhttp://axambask.az/az/vakansiyalar-160. --17D-
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- Politics
- 25 February 2016 12:43
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- Question-answer
- 25 February 2016 12:51
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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