From residents of Oguz, Shaki, Gabala and Ismayilli local insurance companies received about 70 applications demanding damages to real property as a result of Friday's earthquake of magnitude 7.
The most popular is the company Azsigorta, which insured more than 60 buildings - 10 homes and more than 50 shops and other profitable projects. The local branch of the company in this regard established headquarters to support the victims. Four people appealed to Ateshgah, another three - to AXA MBASK.
According to data obtained from insurers, experts estimate the damage within 500 to 1 thousand manats. --17D-
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review