In connection with the start of the new school year, the staff of NIKOIL BANK presented a gift to the children of families of veterans of the Karabakh war. This includes school forms, portfolios, and items of school supplies. Gift-giving was held in the central office of the bank with the participation of parents and pupils, the public, and the association of veterans, martyrs and invalids of the Karabakh war.
Speaking at the ceremony of handing gifts to the children, the President of the Board of NIKOIL BANK Vasily Khamaza noted that the younger generation must remember and honor the memory of martyrs who fought for the territorial integrity of Azerbaijan, with due respect to the veterans and people with disabilities, who have lost loved ones and friends in the war.
Another event held by the bank was with the association of people with Down's syndrome, located in the Narimanov district. Employees of the bank gave the association a digital video camera and laid a table of sweets. In response, members of the Association, who are the artists of the theater Degeller, presented the guests a colorful presentation of scenes from the operetta Arshin Mal Alan by U.Hajibeyov and other Azerbaijani classics. - 15D -
Economics
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
Leave a review