General Director of Unicapital Heydar Ibrahimli clarified the details of the application of the State Committee for Securities on the suspension of the license of Unicapital on securities management. According to Ibrahimli, Unicapital continued success of the market in this area.
So far Unicapital possessed 3 licenses to operate in the securities market. The action of one of them - a license for disposal of the securities and cash - has been suspended at the request of the company. At the same time, the other two licenses of Unicapital remain in force, namely: the broker-dealer activities, which enable us to provide clients with brokerage and underwriting services, as is done today.
Unicapital offers tips and advice to their clients on profitable investing, based on extensive experience in securities transactions. At the same time Unicapital saves you time by taking care of all the work on operations and documentation. Enough to apply to the client, and he will get all the necessary information with a guarantee of confidentiality. -15D -
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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