Baku Stock Exchange (BSE) has taken into its ranks member N12. It is a brokerage firm Invest-AZ, which recently acquired 4.76 % (300 shares) of the shares of the exchange.
Membership in the Exchange enables companies to actively use the stock exchange platform in operations on purchase and sale of government and corporate securities.
The company Invest-AZ is licensed by the State Committee on Securities broker-dealer activities . The company is registered in Azerbaijan in 2006 with a registered capital of 10 manats. The group Invest-AZ LLC is Investaz Asset Management (authorized capital - 125,000 manat ), which in August of this year won a license for asset management. - 08D-
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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