The licenses of another 15 individuals providing services as insurance agents have been canceled. According to the decision of the Ministry of Finance on the basis of the submission of AR State Insurance Supervision Service, perpetual licenses were canceled for Ulvi Bagirov, Elchin Efendiyev, Farhad Akberov, Vyusal Farzaliyev, Alim Hasanov, Miryahya Huseynov, Nigar Guliyeva, Altay Mammadov, Eldar Mammadov, Mardan Mammadov, Tahir Mammadov, Julia Milevskaya, Afgan Safarli, Parvin Sharif and Farid Teymurov.
The reasons for this distrust by the Ministry of Finance were not listed. Since November last year, they decided to revoke the licenses of more than 40 individuals to provide services as insurance agents.
According to the ministry, in 2014 licenses to operate as insurance agents were received by 109 individuals. --17D-
Economics
-
Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
-
Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
-
Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
-
Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
Leave a review