The Results of Year of Activity of Qarant Invest
A year has passed since the brokerage Qarant Invest was established. Principal activity is to provide mediation services to clients in the area of ??investment in the international financial markets.
According to the director of the financial structure Farid Sattarov, for the 12-month successful activity of the company it became associate of a number of investors to purchase shares of foreign companies, and, in cooperation with the Swiss bank, introduced to the market its range of Forex products. Qarant Invest is the only licensed brokerage company in Azerbaijan, which seeks only foreign investment.
The company, in addition to investment and brokerage activities, also exercises educational activities. Trainings in finance, financial analysis and investment are part of the company's job. In this direction, the company collaborates with universities, as Azerbaijan State Economic University and the University of the Caucasus.
During the year, seminars and trainings for 1,000 students have been arranged. This summer the company has included in its ranks for practice around a hundred students from various universities.
"This year I rate as very good for the company. This year, our company has received a license to conduct brokerage activities for 5 years. In addition, for a very short period of time the company has been able to gain recognition and development," said Sattarov.
The Internet-to-market products are available on the channel Qarant Invest on YouTube. At the same time, the company's own website provides a weekly information-analytical bulletin Forex Weekly.
The company Qarant Invest was created in 2011 by ZQAN Holding and enters into this structure.
The company in November 2011 received a license from the State Committee for Securities to conduct brokerage activities for a period of 5 years. - 17D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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