Economics - 2012
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On 9 September at 21.00 due to the destruction of concrete pillars collapsed a bridge with length of 40 meters over the river Guruchay on the 177th km of the highway leading from Baku to the state bor...
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Today in Baku opened a two-day exhibition and conference "Tunnelling and underground infrastructure of cities."Speaking at the opening ceremony of the event, the Honorary President of the Association...
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September 13 the Azerbaijan-Dutch Business Forum will be held in Baku during the visit of Deputy Prime Minister and Minister for Economic Affairs, Agriculture and Innovation of the country Maxim Verag...
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Turkey strengthens its position in the export of goods into Azerbaijan.In terms of the first seven months of this year, with a weight 15.8% in the total imports of Azerbaijan, this country exceeded th...
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JSC Pasha Bank was licensed by the Central Bank of Azerbaijan at the opening of a capital department.As the bank told Turan, the division Port Baku will be put into operation at the end of this month...
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Control of the troubled insurance companies will be at a higher level than at present. According to the Head of State Insurance Supervision Service under the Ministry of Finance (SISS) Namik Khalilov,...
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Volume of deposits with credit institutions in Azerbaijan decreased in July 2012 by 35.2 million or 0.4% to 9,668.7 million manat. Over the past 12 months, in four of which there was a decline, the fi...
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Trading volume in the currency section of the Baku Interbank Currency Exchange (BBVB) in August 2012 was $ 71.749 million and 56.343 million manat.This is a 17.8% decrease compared to the previous mon...
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Azerbaijan in the ranking of traffic NetIndex of the company Ookla as of Monday, September 10, took the 108th place in the world. This is a step below the position of the previous week. According to t...
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Authorized banks of Azerbaijan Mortgage Fund (AMF) under the Central Bank of Azerbaijan, issued in January-July 2012 loans of 39.8 million manat, which is 20.7% less than in January-July 2011.Accordin...
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Turnover of non-cash foreign exchange transactions in July 2012 amounted to the equivalent of AZN 2,674 million ($ 3.4 billion), a decrease of 16.6% on the month. Only in 7 months of this year, foreig...
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In the coming days SOCAR Department for Geophysics and Geology plans to start engineering and geological works on Korchagin field in the Russian sector of the Caspian Sea, which is being developed by...
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From January to August 2012 SOCAR extracted 5,494,000 tons, down by 2.5% against the same period last year.According to SOCAR, in January they extracted 706,638 tons of oil, in February - 660,942 tons...
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In early September Gunter Oettinger, European Energy Commissar, visited Azerbaijan and Turkmenistan. The current visit of Gunter Oettinger to the region was special, because based on the results of th...
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In Alfa Sigorta there is a new change of leadership. In the past two years, the third chairman was replaced. Appointment of Elshad Aliyev to the post was no surprise to the financiers. Recently, in or...
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Hess Corporation announced 7 September it has agreed to sell its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) in Azerbaijan and its 2.36 percent interest in the associated BTC...








