Economics - 2013
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The trend of improved post-crisis situation is observed in the production and sale of construction materials in Azerbaijan. The volume of production of almost all building materials in the country has...
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DemirBank, which for the last 2 years changed locations of 10 branches, has opened a new data center in Mingachevir.The Information Center is located in Mingachevir at 36 Heydar Aliyev Avenue (near th...
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As of January 1, 2013 the total number of active payment cards issued by customers Processing Center Ltd. Milli Kart amounted to 236,000 units. It is 45 000 units or 23.6% more than recorded a year ea...
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JSC Rabitabank growth in assets in 2012 by 25.51 million or 19.4%, improved to 156.74 million manat. Lending to individuals and businesses increased by 15.3 million or 17.1% amounting to 105.45 millio...
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During the visit to Beijing, the National Civil Aviation Administrations of Azerbaijan and China agreed on a draft intergovernmental agreement on air services and signed a document.The official report...
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Azerbaijan and BP have agreed to expand a part of the South Caucasus gas pipeline. The volume of extra gas produced by the Shah Deniz consortium will be monitored by SOCAR.This was said at today’s bri...
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Assets of Demir Bank increased last year by 7.1% to 383.15 million manat. The volume of loans grew 8.8% to 273.51 million manat.The total liabilities of the bank increased from 312.78 million to 336.7...
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The international assets of Azerbaijan, excluding the State Oil Fund of Azerbaijan, fell in December last year by $ 734.2 million, or 5.7%, to $ 12,243.41 million.According to the Central Bank of Azer...
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The National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive from the owners investment projects in priority areas in Agsu.As stated in th...
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The National Fund for Entrepreneurship Support (NFES) under the Ministry of Economic Development funded 2,419 projects with a total amount of 218 million manats in 2012. This is quantified by 47.2%, a...
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In 2012, 89,652 cars were imported in Azerbaijan. This is by 38% more than the year before, told Turan in the State Customs Committee (SCC.)The total cost of the cars imported to the country was estim...
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During 2012 Azerbaijan exported a total of 1,614,136 tons of oil products, reported the State Customs Committee.As compared to 2011 the volume of export of Azerbaijani oil products decreased by 370,00...
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Nabucco Gas Pipeline International GmbH (NIC) hopes to form a final consortium of 9-10 shareholders, said NIC Executive Director Reinhardt Mitcek."During the first semi-annual period in 2013 NIC will...






