The Financial Markets Supervision House (FMSH) has canceled the license of the insurance company JSC Qarant Sigorta on the basis of the company’s appeal, FMSH said.
The shareholders' meeting in December 2015 decided to eliminate the insurance company.
‘Due to the fact that the company was being eliminated on their own decision and according to the law, the insurance portfolio was transferred to Pasha Sigorta Insurance Company to meet the liabilities.’
Note that the license for the activities of the insurance company Qarant Sigorta was given on July 23, 2013. ---71D
Economics
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On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
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The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
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Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
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The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
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