Economics - 2014
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Azerbaijan is preparing for the application of Islamic Banking (IB) in full and the work in this area is entering the finish stage.Of the six public institutions involved four have given positive answ...
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The State Committee on Property started an investment contest for 99.83% of the shares of Salyan Elektrik Qaynaq Avadanliqlari created in the early 2000s on the basis of the Salyan plant for welding e...
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Parabank has expanded its branch network in the regions.As part of the strategic development plan for 2014-2016, new sale points of the bank began to provide services in the Agdash, Goranboy and Masal...
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In the first ten months of this year, the volume of foreign trade turnover amounted to $ 26.5 billion, which is 7.7% less than in the comparable period of 2013. Foreign trade surplus was $ 11.8 billio...
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Due to the oil and gas sector Azerbaijan once again provided a positive balance in foreign trade. In January-October, it made $ 11 833 081 770 (+ 7.1% against November 1 of the previous year).Accordin...
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Surakhany Operating Company is the most successful among the operation companies operating onshore Azerbaijan. By October 1, 2014 $74,400,000 was transferred to the State Oil Fund of Azerbaijan (SOFAZ...
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In the third quarter of this year, Azerbaijan's public external debt increased by 17.2 million or 0.34%, to 5 billion 5.1 mln. manat ($ 6 billion 380.7 million).According to the Ministry of Finance, t...

