The former Chairman of the Supervisory Board and the Board of JSC Synergy Group Dayanat Guliyev received a new appointment. He became Chairman of the Board of JSC Ata Bank.
Prior to this, the position was occupied by Etibar Babashli, who works as Guliyev’s deputy now.
JSC Ata Bank with the authorized capital of AZN 50 million has been effective from 1994. Its sole founder is the group of companies Ata Holding. The head of its Supervisory Board is Ashraf Kamilov.
According to unofficial but reliable information, both Ata Holding and Synergy Group are included in the direct sphere of influence of the Minister of Taxes Fazil Mammadov. --17D-
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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