Economics - 2014
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Azerbaijan is not ready to continue the harmonization agreement with the EU Common Aviation Area (ECAA Agreement) and to sign this document.The reason for this position is the potential negative conse...
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The National Fund for Entrepreneurship ( NFES) provided entrepreneurs working in Bina settlement , Khazar district with preferential loans .As reported in the fund , as part of the state support of en...
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The insurance company Baki Sigorta has been recognized as Company of the Year.According to this, the annual national prize was awarded for the expansion of business, good management and alignment with...
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State Insurance Supervision Service of the Ministry of Finance has published a list of persons who were registered to participate in today's exam as candidates for executive positions and applicants f...
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The assets of PashaBank decreased in 2013 by 3.7 % to 704.99 million manat. Loan portfolio amounted to 308.49 million manat.The total liabilities of the bank decreased from 560.67 million to 467.75 mi...
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JSC Bank Respublika on the basis of last year had net profit after tax of 11.19 million manat, which is 14.3% more than the same period in 2012. The bank's earnings equaled 60.04 million manat and exp...
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Azerbaijan's economy is more open to competition of entities. The corresponding bill has already been considered by a parliamentary committee on economic policy and recommended for discussion at the s...
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The sides interested in construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline have come close to creation of the consortium, reported the Turkmenistan state news service.“Now...
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In 2013 Georgia imported from Azerbaijan 295,074 tons of oil products to the amount of $275,069,000, reads the report of the Georgian Statistical Service.During 2013 Georgia imported oil products to t...
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Beginning from 2004 total costs of the State Oil Fund of Azerbaijan (SOFAZ) reached 49.79 billion AZN (about $63 billion).From 2003 till January 1, 2014 volume of transfers from SOFAZ to the state bu...
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Last Friday the Managing Committee of the Azerbaijan International Operation Company (AIOC), which is involved in development of Azeri-Chirag-Guneshli (ACG) offshore fields development (operated by BP...
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On February 1, 2014 many customers in six big districts of Baku were supplied with gas with interruptions during a day.According to State Oil Company of Azerbaijan (SOCAR), this has been caused by the...




