By the end of the first six months of 2016 the Mega Sigorta insurance company's revenues amounted to AZN 14,168,438, while the expenditure was AZN 11,126,417.
According to the report for the second quarter of this year, the total assets increased 26.5% (AZN 9,665,041) from the beginning of the year, amounting to 46,011,632 manats.
During the period reported, the total capital of Mega Sigorta was 24,708,322 manats (an increase by 1.7% from the beginning of the year – AZN 422,517).
The company’s total liabilities increased by 76.6% (AZN 9,242,523), amounting to 21,303,309 manats.
Note that JSC Mega Sigorta was created in 1998 and the company's shareholders are six individuals. ---74D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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