The Processing Center Ltd. Milli Kart for the maintenance of non-cash payments in Azerbaijan for the first time offers the service Instant Issuance.
As reported in the center, now cards are available at branches / items of bank and could be obtained instantly.
Instant Issuance has a wide range of features that make instant card issuance more simple, safe and effective. New cards are sent directly to the bank card holders. The card holder has the opportunity to choose a PIN-code on the site and the entire procedure takes place without any delay, uncertainty, or costs of delivery of cards and PIN envelopes. -15D -
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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