Baku/28.02.14/Turan : Four days was enough for Capital Bank for a complete offering of shares to raise 70 million manat , although not all of its shareholders to participate in this process.
Share placement completed on February 27 . The rest of the three-day grace period for existing shareholders bought 3464 shares holder of 99.9 % of the shares - LLC Pasha Holding. Just placing attended 32 of about 170 shareholders.
Thus, the authorized capital of "Kapital Bank" has reached 150 million manats. Since the privatization of this position increased by 130 million manat. Then about 2.5 thousand minority bank owned 2.5% of its shares. - 08D-
Economics
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Azerbaijan’s state-owned energy company, SOCAR, is deepening its engagement in international gas projects as it seeks to diversify supply routes to Europe. In January 2025, the company acquired a 10% stake in Israel’s Tamar gas field, which holds an estimated 300 billion cubic meters (bcm) of natural gas. The field, located near the giant Leviathan deposit, is seen as a key source for expanding gas exports from the eastern Mediterranean.
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Police officers from the 36th Department of the Khatai District Police Department have detained Saday Sarkarov, who was elected by residents of the residential complex at 58b Ganja Avenue to represent their interests in court against the management company Xətai Park Servis.
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Kazakhstan’s budget airline FlyArystan has launched ticket sales for the Baku-Astana-Baku route ahead of the summer travel season, the airline’s press service said on Monday.
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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