The members of the Association of the stock market of Azerbaijan met Dec. 17 with representatives of the State Securities Committee to discuss plans for 2016.
Since January 1, comes into force the new requirements to professional participants of the securities market. Brokerages are transformed into investment companies. Under the new rules the "game", the investment company will be able to finance the operations of investors in the securities market due to loan.
I told Turan representative of investment companies, this year, an investment company licensed potentially receive up to 4 subjects. Total is expected to continue on the path of the securities market of about 15 companies.
The meeting also discussed issues of incentives in 2016 supply and demand of investment instruments in the securities market. --- 08D
Economics
-
Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
-
Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
-
Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
-
Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
Leave a review