November 12 at the JW Marriott Hotel Absheron Baku will be an Oracle Banking Forum.
The event will be held by the representative office of Oracle in Azerbaijan Oracle and sponsored by companies Force Europe, RISK and Ultra. Participants invited leaders and IT- specialists of the companies of the financial sector of Azerbaijan, banks, insurance companies and credit institutions.
Presentations and discussions will cover such topics as the management and analysis in finance, CRM systems and HCM, Risk Management, Procurement Management , and Performance Management.
For effective storage, management, integration, processing, and use of business information, Oracle now offers a variety of software products , which are divided into three product lines . First - business applications, including vertical applications for banks, as well as the application of ERP and CRM (Oracle, Siebel, Hyperion, FlexCube, Reveleus , etc.). The second - an integrated platform application server Oracle Fusion Middleware, designed for efficient development and use of applications, and includes more than 40 pre-integrated products. The third is the database management system Oracle Database.
Work with the financial sector is one of the key areas of Oracle in Azerbaijan. A number of companies have traditionally works with Oracle, as some banks implemented the solution Siebel CRM, which once again proves the high demand for this product in the market. Also , by using Oracle tools are upgraded and the expansion of remote services in a number of other organizations of the financial sector.
For registration to participate in the Oracle Banking Forum please email gunel.zimova@oracle.com. - 17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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