At a December 21 general meeting of shareholders of Baku Stock Exchange, Rovshan Allahverdiyev was elected the new Chairman of the Supervisory Board of the Exchange.
Rovshan Allahverdiyev from 2013 has held the position of Chairman of the Board of JSC Capital Bank. In the Supervisory Board he replaced another representative of the bank, Yashar Mammadov.
By the decision of shareholders, the former Chairman of the Supervisory Board of the BSE was suspended from membership in that body. As a member of the Supervisory Board he was replaced by Fuad Islamov, one of the three Directors-General of the International Bank of Azerbaijan.
In total, the Supervisory Board includes representatives of 7 of the 20 shareholders of the BSE.
BSE was established in 2000 and is the only exchange platform for the participants of the stock market. ---08D
Economics
-
Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
-
Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
-
Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
-
The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
Leave a review