Gilan Holding is working on updating the corporate website (www.gilanholding.com). Unlike the old (www.gilanholding.az) on the new portal will provide information about companies and holding companies , both within the country and abroad.
Now the site is partially available in English. Holding companies grouped under four blocks ( building materials , tourism, industry and affiliated companies ) . Just a group includes more than 50 commercial structures, as well as the football club Qabala.
In addition to the existing enterprises, the site provides information about ongoing projects. For example, Gilan Holding and Kempinski Group construct together the 36 - storied The Crescent Hotel on the Caspian shore.
The new site is no information about the owners of the holding company, as well as some companies that are owned and run by brothers Taleh and Nijat Heydarovs abroad.
In March this year, the agency Turan published information that was presented to the list of companies directly or indirectly related to the family of Emergencies Minister Kemaleddin Heydarov. It seems the Heydarovs decided to legalize and operate more transparently. - 08B-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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