The Central Bank of Azerbaijan (CBA) has announced the winners of its tender programs.
As stated in the official report, technical support and software platforms of information systems available to operate at the bank, according to the decision of the tender commission, will be managed by the companies GT Solutions, Sinam, Bestcomp Group, Foranx and System Technology.
Agreements have been signed with the companies. As previously reported, the tender was conducted in three lots. Lot №1 provides services to support information systems to software platforms available in the operation of the bank. Lot №2 includes the provision of support services to the software platform of the main accounting system. Lot №3 provides services in support of the technical platforms of information systems available for use in CBA. --17D-
Economics
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Planning Center commissioned projects from the private company El & En worth several hundred thousand manats. These architectural projects involve work in liberated territories and other regions of Azerbaijan. The co-owner of this company, along with his son, is Elbay Gasimzade, the head of the Public Council under the State Committee for Urban Planning and Architecture and simultaneously the Chairman of the Union of Architects.
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The State Oil Company of Azerbaijan (SOCAR) will begin issuing "green" bonds on January 15, with a total issuance volume of USD 200 million, according to an official SOCAR statement cited by Turan.
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