Unicapital not suspended its activities
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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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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