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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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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