Economics - 2013
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Baku Business Center hosted the Azerbaijan-Kazakhstan business forum with the participation of entrepreneurs from the region of Mangistau today.It Kazakh businessmen discussed with the management of t...
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Insurance company Pasha Sigorta in the first quarter in February attracted 24 million 455.66 thousand manats, which is almost 1.36 million more than last year and the result is 23.9% of the collected...
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The Ministry of Finance published the balance of the total income and expenses of the insurance market of Azerbaijan in 2012. Net income amounted to 48.05 million manat. The result could be significan...
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In the second half pension complete function will be in electronic format.According to the Chairman of the State Social Protection Fund (SSPF) Salim Muslimov, they have completed work on the software....
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The money transfer system Monex, which is a project of Muganbank, has been joined by Nakhichevan Bank, Bank of Azerbaijan and AFB Bank. The information was reported to the department of public relatio...
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In quarter 1, 2013 Azerbaijan extracted 10.8 million tons of oil and condensate and 4.4 billion cub.m. of tank gas. According to the Azerbaijan State Statistical Committee, the oil production decline...
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While SOCAR expects SOFAZ to provide a substantial portion of funds for the OGPC and other projects, there is no definitive agreement yet beyond 2013, believe experts of the international Fitch rating...
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Fitch expects that SOCAR will spend nearly USD5.8bn over 2013-2015 on capex.The company has little flexibility to postpone / phase out capex as most funds are earmarked for its upstream to arrest brow...
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Fitch Ratings has affirmed State Oil Company of the Azerbaijan Republic's (SOCAR) Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-', Short-term foreign currency IDR at 'F3' and senior u...
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In the first quarter of this year, enterprises in Azerbaijan rendered services to customers in the amount of 353.4 million ($ 450 million). According to the State Statistics Committee, it is 15,9% mor...
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Updated information portal of "electronic government" (www.e-gov.az).According to Turan in the Ministry of Communications and Information Technology, the developers have taken into account the need to...
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Under its base rating case, Fitch expects SOCAR's oil production to decline and its gas production to increase moderately in 2013-2015. The oil production decline follows the depletion of existing bro...
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State Committee on Securities Statistics revealed violations of the rights of investors in Azerbaijan for the first quarter of 2013, according to which the received complaints from 333 joint-stock com...
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For the first quarter of this year in Azerbaijan's industrial production reached 8,553 million that in comparable prices by 1.8% less than in the same period of 2012.The share of non-oil sector in the...
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Baku Stock Exchange implemented all shares of the insurance company Amrah Sigorta.As the website of the BSE said, April 16 both the financial structure of the shareholder repaid within two deals an ad...
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Shares of Qafqaz Inkishaf Banki for a total of 800 thousand manats were placed at Baku Stock Exchange.The issue of 40 million ordinary registered non-documentary shares of 1 manat passed state registr...








