The general meeting of shareholders of the insurance company «A-Qroup» is scheduled for January 22. According to the information of the OJSC, it will discuss the financial performance in the past year and the implementation of the budget structure. The JSC «A-Qroup» with a registered capital of 8 million 5.75 thousands manat functions on the local insurance market since 1996. According to the State Insurance Supervision Service, over 10 months of last year, the company worked with a loss - collected premiums amounted to 4 million 855.31 thousands manat with payments of 5 million. 853.23 thousands manats. --17D-
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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