The assets of the insurance company Ata Insurance in the first half of 2016 increased from the beginning of the year by 0.5% (178,093 AZN), amounting to 31,859,799 manats.
During the reporting period the company's capital increased by 10% (1,669,829 AZN) and amounted to 17,171,210 AZN.
In the first half of the year the obligations of Ata Insurance amounted to 14,688,589 manats (reduced by 9.2% compared with the beginning of the year – 1,491,735 manats).
The net profit of the insurance company for the first half of 2016 amounted to 1,669,829.36 manats, with the revenue of 7,644,181.12 AZN and the costs of 5,974,351.76 manats. --75D
Economics
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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.
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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.
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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.
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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.
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