In 2014, the turnover of investment securities in Azerbaijan amounted to about 13.2 billion manat. According to the State Securities Committee, the share trading platform of derivative financial instruments accounted for 32% of the securities market.
Through BSE was concluded 26,787 contracts totaling the equivalent of 4 billion 94.7 million manat of trade derivative securities on the basis of currency. In addition, investors have made about 3 000 operations totaling 204.6 million manat.
According to the BSE (http://www.bfb.az/forex/canli-mezenneler), currently on the FOREX exchange there are carried out operations on more than 50 currency pairs, Brent, gold and silver.
Liquidity of the FOREX market is provided by the company Invest-AZ. Financial transactions are carried out by Standard Capital, Uni Bank and Demir Bank. --- 08B
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.
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Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.
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