Signed an agreement on providing liquidity of trading on the international financial markets
Baku Stock Exchange on October 7, signed with the brokerage company Invest-AZ ( a member of the BSE) contract to ensure the liquidity of trading in international financial markets (Forex and CFD). Under this agreement, the company will act as a market maker on the BSE submitted MetaTrader 4 trading platform.
This contract, LLC Invest-AZ undertakes to provide daily quotations on the sale of 48 currency pairs and the three agreements on changes in prices for precious metals and other commodities.
Note that the other two market makers BSE (Pasha Bank and Standard Capital) offer services to ensure the liquidity of corporate securities. - 08D-
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- Economics
- 8 October 2013 12:31
Economics
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By the end of 2024, inflation in Azerbaijan is projected at 5.1%, increasing to 5.8% in 2025, as per the Central Bank's announcement. Just six months ago, in April, the bank had forecasted inflation at 3.5% for 2024 and 4.2% for 2025.
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The Cabinet of Ministers of Azerbaijan has approved the charter of the "Tourism and Recreation Zones Management and Development Center," a public legal entity under the State Tourism Agency. The decision, made on November 4, is intended to fulfill the requirements outlined in the presidential decree from August 2, 2024.
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A new desalination plant to produce drinking water is set to be built in Sumgait, Azerbaijan, as part of a project aimed at meeting increasing water demands in Baku and the Absheron Peninsula. The project was announced on November 5 during a bid-opening ceremony for proposals submitted in a tender for the plant’s development, according to the Turan news agency.
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Heydar Aliyev International Airport (GYD) has solidified its role as a critical transit hub for Azerbaijan, connecting Baku to over 80 international destinations across more than 30 countries. With routes linking major European cities like London, Paris, and Rome, as well as strategic points in the Middle East, Central, and South Asia, the airport has become central to Azerbaijan’s tourism and transit expansion.
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