The insurance company Azerbaycan Senaye Sigorta became the first holder of the certificate of professional associations Charter Insurance Institute (UK).
The document category CII Award, provided to insurers outside of Albion, issued Azerbaijan Risk Professionals Association (ARPA).
According to ARPA, the certificate is issued on the basis of the January exam. It became known that in addition to Azerbaycan Senaye Sigorta similar documents received as insurance companies Ata Sigorta and Amrah Sigorta.
The said program is interesting for local insurers, because being recruited another group of employees of insurance companies for certification.
ARPA Association this year plans to conduct examinations and training for all levels of certification CII.
ARPA has acquired the right to conduct examinations, training and certification curriculum based on the British Institute concluded in 2012 an agreement. ARPA has become a regional partner for CII. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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