The next magazine RISK Azerbaijan Risk Professionals Association (ARPA) has been released.
It is mainly dedicated to the Year of the information and telecommunication technologies, announced by the President. Experts and corporate members of the organization will be able to learn more about the risks in the space industry, operating risks, the use of information technology for oil, as well as the electronic payment system in banks.
On line magazine is on corporate governance and its basic principles. The publication is distributed among the full members of the Association.
Until today, ARPA had 29 corporate and 700 independent members. A number of other organizations are in the process of entering the ranks of the association and reach agreements. - 17D-
Economics
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In July 2024, the State Oil Fund of the Republic of Azerbaijan (SOFAR) reported a sharp increase in currency sales, reaching $826.3 million. This figure is three times higher than the $272.7 million recorded in July 2023 and twice the amount for June 2024.
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The State Statistics Committee has reported a decline in Azerbaijan's grain production for the first half of 2024, with output totaling 1.96 million tons of grain and legumes, including corn. This represents a 5.6% decrease compared to the same period last year.
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Azerbaijan's President Ilham Aliyev has issued a decree making significant amendments to existing presidential decrees to align with the new law on payment services and payment systems, effective from July 14, 2023.
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Azerbaijani President Ilham Aliyev has approved new regulations governing tourism and recreation zones as part of a broader effort to enhance the sector's infrastructure and investment framework.
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