Economics - 2014
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Transparency Azerbaijan, with support from the U.S. Agency for International Development (USAID), organized a roundtable to discuss achievements and problems in registration of apartment houses. The...
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The Innovation Center Barama, operating at Azercell Telecom, has launched another project.As stated in the press release, they signed a memorandum of cooperation with the NGO Development of Young Engi...
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The next week Bakcell Ltd will start mass BSE deployment of its unsecured bonds of the second issue, which is scheduled to be completed, not later than in one month.According to the published prospect...
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The assets of Pasha Bank, by December 1 amounted to 1 billion 159,910,000 manat (+ 85.24 million in November).As stated in the financial structure, at the end of November 2014 the return on its equity...
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The Turkish "daughter" of the State Oil Company of Azerbaijan, SOCAR Turkey Energy received a syndicated loan of $ 3.3 billion for the construction of the Star refinery in Izmir, Turkey. The leading o...
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The State Insurance Supervision Service of the Ministry of Finance of Azerbaijan will establish a system to inform the insurer of the insured events via mobile phones.According to the information on t...
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The price of a barrel of Brent North Sea oil for the first time since July 2009 has fallen below $ 63. Analysts called the drop in oil prices one of the main reasons for the decline of the ruble.Durin...
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JSC Turan Bank will receive $ 7 million for the development of lending to micro, small and medium enterprises. Yesterday the International Finance Corporation (IFC) approved the release of this amount...
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Investments into implementation of the projects aimed at Azerbaijani gas export to Europe will reach $45-48 billion, Rovnag Abdullayev, President of State Oil Company of Azerbaijan (SOCAR), told journ...
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The State Committee for Securities by its decision of December 8 suspended the issue of debentures of Vestmark Financial Leasing Investment Company, which totaled 2,000,000 manat, reported on December...
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Operator of the project for development of Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields plans to conduct seismic survey on these fields in 2015.3D seismic survey is planned to be conducted on the...
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State Oil Company of Azerbaijan (SOCAR) is interested in new investments into the European Union’s (EU) economy, SOCAR Vice President for Investments and Marketing Elshad Nasirov said at the meeting i...
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The Vertical Corridor gas pipeline project, which will connect Greece, Bulgaria and Romania, will have a capacity of 3-5 billion cub.m. of gas and gas will be exported from various sources, RIA Novost...
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In the event of disconnecting the power system of Russia from SWIFT, the customers of VTB Bank (Azerbaijan) should not worry – the due payments will be made by means of Ata Bank.As said the Chairman o...
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BP plans to increase by 2018 the number of local staff working in its structure in Azerbaijan up to 90%. As the regional President of the oil giant Gordon Birrell said, the company employs more than 2...
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The leader in consumer lending in the regions is Capital Bank - 70% of its customer base accounts for the province.According to the study Lifestyle of the Inhabitants of Azerbaijan from Business Insig...









