Economics - 2014
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The results of yesterday's auction of short-term notes of the Central Bank of Azerbaijan have been published. The maturity date of the securities is on November 26 with a maturity of 28 days.Total for...
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There has been revealed another example of ineligible expenditure of funds granted through the National Fund for Entrepreneurship Support. The management of DemirBank “opened the eyes” after the theft...
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The company Azermarka under the Ministry of Communications and High Technologies of Azerbaijan has released two stamps dedicated to winter sports, according to the information on the website of the Mi...
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Within the first nine months of this year, the State Committee on Property (SCP) sold through auctions and direct contracts more than 580 plants and facilities.As reported today the sector of public r...
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According to the Azerbaijani government’s forecast, which is included into the budget for fiscal year 2015, this year it is planned to extract 41.65 million tons of oil.According to the government’s f...
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The company Rolls-Royce Motor Cars opened its first showroom in Azerbaijan.Located in Baku, the new center will be run by the company Improtex Motors, which is the authorized dealer and representative...
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The Central Bank of Azerbaijan has published a report for the 3rd quarter of the banking system.According to the site, the total assets of local banks by October 1 were 23 505 800 000 manat (+ 3.12 bi...
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Since beginning of development of the offshore bloc Azeri-Chirag-Guneshli (ACG) in November 1997 till October 1, 2014 total oil production reached 347 million tons, said Khoshbakht Yusifzada, Senior V...
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To ensure the freedom of small and medium enterprises in Azerbaijan the spirit and implementation of local legislation must comply with the European standards. As noted in the ranking of world economi...
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From January to October, Baku Metro served 156.5 million passengers, which is 4.1% more than in the same period of 2013. However, with the increase in passenger traffic on the subway, the cost of trav...
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Helge Lund, who has left the position of Statoil CEO, will continue working for the company till March 1, 2015.The Institute of Geology and Geophysics of the Azerbaijan National Academy of Sciences (A...
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On November 26, there is scheduled an extraordinary general meeting of the shareholders of Atrabank.According to the bank, the agenda includes the issue of increasing the bank's equity to 50 million m...
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In January-September, the volume of oil produced from the offshore Azeri, Chirag and deepwater Guneshli (ACG) totaled 24.2 million tons of oil.The journalists were told by the President of BP-Azerbaij...
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The emerging trend of this year's decline in crop production in Azerbaijan will continue in 2015, the government forecasts decline of gross agricultural production by 0.8%.This year, the Ministry of A...
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The State Committee for Property Affairs (SCPA) again put on an investment contest Baku Telegraph, formerly one of the leading enterprises in Azerbaijan. The last time, after the withdrawal of shares...
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On November 1 and 3 this year, the Ministry of Finance will hold the next test examinations for candidates for executive positions, including intermediaries (brokers) in the insurance industry, as wel...











