Reshuffle has occurred in Pasha Sigorta JSC.
According to the report of the largest insurance company, as the First Deputy Chairman of the Board they appointed Ali Bayramov, and Tural Aliyev became a Deputy Head.
In addition, the Board includes Murad Suleymanov and Aygun Melikova, who will oversee the financial block and the technical issues, respectively.
JSC Pasha Sigorta with a registered capital of 50 million manats was established in July 2006. The Chairman of the Board of Directors is Mirjamal Pashayev and a member of the Board of Directors is Chairman of the BSE Fariz Azizov.The Chairman of the Board is Ulviyya Jabbarova. --17D-
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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