The insurance company Qarant Sigorta will hold the annual general meeting of shareholders. The event is scheduled for February 8.
According to the company, the sole founder and shareholder interested to know more about the activities of the financial institution in the past year. Based on the profit is planned to increase the share capital.
In addition, the statements will be approved, the budget for this year and other issues.
Qarant Sigorta insurance company began operations on November 27 of 2007.
The founder of the company is ZQAN Holding.
The company provides services for 18 types of voluntary and 4 types of compulsory insurance. To date, the authorized capital is 4 million manat.
In January-November, the company collected 7 million 940.2 thousand mantas and paid 1 million 381.86 thousand manats. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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