Economics - 2014
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In the Russian currency market there was a record collapse of the ruble today. For the first time in the history Euro exceeded 100 rubles. So, at 15:13 Moscow Time, the Euro exchange rate soared to 21...
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In January-November of this year Azerbaijan imported 56,804 vehicles, which is 39.4% less than in the same period of 2013, according to the State Customs Committee.Imported were 51,589 cars, 33,585 un...
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The state-run Azerkosmos promulgated an annual financial report through BSE, according to which, the company's losses for 2013 before tax profits exceeded 48.3 million manat.Audit of the financial sta...
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Confirmation of the issuer default rating, support rating, the rating of the potential government support, as well as senior debt rating of the International Bank of Azerbaijan (IBA) reflects Fitch's...
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Fitch analysts noted that the rating increase the stability of Capital Bank reflects the improved performance of the bank and strong capitalization. ."The structure has a good level of liquidity, as e...
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Fitch analysts noted in a press release issued yesterday that confirmation stability rating and issuer default rating Pasha Bank is its strong capitalization, good liquidity and manageable asset quali...
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On Tuesday, at a meeting of the Milli Majlis MP Faraj Guliyev proposed to create a fund from the sale of oil and use it to support the Azerbaijani citizens who were forced to return from Russia due to...
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During the first 11 months of this year, the gross domestic product in Azerbaijan amounted to 53.7 billion manat, which is 2.2% more than in the same period of 2013, according to the State Committee o...
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Azerbaijan in the first three quarters of this year exported drugs (16.3 tons) and means for medicine (40 tons), totaling $11 883 200. This is 3.6 times higher than in the whole 2013, they told Turan...
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The international agency Fitch Ratings affirmed the long-term issuer default rating of the largest local banks (International Bank of Azerbaijan at the level of BB and Capital Bank and Pasha Bank at B...
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As of December 1, the area under crops in Azerbaijan amounted to 806,600 hectares, which is 104 800 ha or 11.5% less than in the same period last year.Government provides subsidies to producers of whe...
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The priority areas for lending business projects in the Ismayilli area have been defined. According to the report of the National Fund for Entrepreneurship Support, priority is the creation of family...
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Gilan Holding, one of the largest holdings of Azerbaijan, has launched a corporate website www.gilanholding.com, which covers the activities of more than 50 of its leading commercial subsidiaries.The...
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The local company Ultra Technologies, specializing in ICT, has been visited by the Vice President of the World Intel's World Ahead Program, John E. Davis.According to Azerbaijani experts, a new step i...
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December 15, 1996 the company Azercell Telecom was founded, becoming the first GSM-operator in Azerbaijan.As stated in the press release, for 18 years the company shows strong growth and maintains a l...
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According to the State Customs Committee of Azerbaijan, in January-November, the total foreign trade activities were at $ 28 billion 825 million.In local currency calculations were made for 0.32% of t...












