The brokerage company "Qarant Invest", stopped its activities. The fact is seen as a restructuring of the holding company "ZQAN Holding", which recently got rid of the JSC "Bank of Azerbaijan".
The company "Qarant Invest", was established in August 2011, and received a five-year brokerage license from the State Securities Committee in November of that year. It acted in the financial market and serve customers in global stock markets. For this, it worked with "Baltikums investment bank" (Latvia) and "Dukascopy Bank" (Switzerland).
At present, Azerbaijan has 14 brokerage licenses. On the functioning of two brokerage firms ("Billionaire" and "PSG-Broker") there is no news.
"ZQAN Holding" includes "ZQAN Construction", "Qarant Sigorta", "Royal Estate", "Azbentonit", "AzEuroCom" and other companies. - 08B-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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