Economics - 2013
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Azerbaijan has fully secured Internet freedom.According to the Minister of Communications and Information Technologies Ali Abbasov at the board meeting for the year, during the Global Forum on Interne...
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In 2012 the production of basic food products increased in Azerbaijan. Thus there is unaccounted food production.Amid growing local production, food imports declined 1.6%.According to the State Statis...
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By the end of 2013, all viewers will watch the "box" in digital format.According to the Minister of Communications and Information Technologies Ali Abbasov at the board meeting for the year, 90% of th...
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Last year signalers Azerbaijan rendered services to customers in the amount of AZN 1.4 bn ($ 1.78 billion).According to the State Statistics Committee, the offices and mail in Azerbaijan last year pro...
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Just last December, a single information portal on permits (www.icazeler.gov.az) was visited by more than 14 thousand internet users.According to the ministry of ICT, to the page came not only local p...
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National Bank of Georgia on January 17 issued a license to operate PASHA Bank Georgia - the first subsidiary of one of the leading banks of Azerbaijan - PASHA Bank.According to the head before the cur...
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Turnover of money transfers in the banking system of Azerbaijan made in January-November 2012 the equivalent of 1,613.6 million ($ 2.06 billion). Compared with the corresponding period last year, it w...
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Commercial Bank JSC Pasha Bank received a banking license to open a subsidiary in Georgia.According to the National Bank of Georgia, the corresponding permit for the Azerbaijani bank was issued Januar...
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In 2012, the foreign trade turnover with 155 countries comprised $ 33.5 billion, which was 7.6% less than the previous year. The decline in foreign trade was due to the decrease in exports of crude oi...
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Assets of "Bank Respublika" bank reached 430.8 million manat, which is 37.65% more than at the end of December 2011. The volume of liquid assets reached 148.1 million manat, which is 34.4% of total as...
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The insurance company Buta Sigorta prepares for an annual general meeting of its shareholders.According to the Board of Directors, reports and plans for the future will be delivered at the office on M...
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Accounting Chamber of Azerbaijan (ACA) launched a process of evaluation of the technical proposals submitted by the six contenders for the contract to implement the advice in the "Reporting in the cor...
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The deposit portfolio of the International Bank of Azerbaijan (IBA) as of January 1, 2013 amounted to 2.705 billion manat, up to January 1, 2012 by 195.7 million manat, the press service of the bank s...
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During 2012 incomes of the Azerbaijan State Oil Fund decreased by 1,965,600,000 AZN ($2.5 billion) or by 12.5%, reads statement of State Oil Fund of Azerbaijan (SOFAZ).According to the Fund, in 2012 S...
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In struggle for the European gas market Gasprom will have to experience resistance of the European Union and the US, which do not like to reconcile themselves with the dominating role of the Russian c...
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After BP contracted an alliance with Rosneft it started having problems in Azerbaijan. State Oil Company of Azerbaijan (SOCAR) believes that the deal will allow the Russian authorities exerting an ind...







