JSC Zaminbank has officially completed the order of the Central Bank to bring the authorized capital to 50 million manat.
Turan was told by an official of this bank that the Ministry of Taxes has recorded an increase in the level of opposition to financial risks by 10.6% - up to 52,181,800 manat.
Increase in the share capital was carried out by placing an additional issue of shares totaling 5 million manat in September 2014. Now (since 24 September), the equity capital of the JSC has reached 68 million manat (+ 36% against January 1, 2014). --17D-
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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