The company GTS Solutions won the tender for the provision of services to the Financial Monitoring Service of Azerbaijan.
According to the report of the State Procurement Agency, the contract will cost this body at the Central Bank of AR 1 million 839 thousand 782.13 manat for assistance in the field of information technology.
The responsibility of the contractor includes the establishment of technical and software platform of AML-AZ, support of computers and other equipment used by the service and delivery of new software.
The Financial Monitoring Service was established in Azerbaijan in 2009 and is the central body in the fight against terrorism financing and money laundering. --17D-
Economics
-
Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
-
U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
-
Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
-
Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
Leave a review