Economics - 2015
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The Ministry of Finance announced the operational data on the state budget for 2014, according to which the financial year was completed with minimal deficit.State budget revenues amounted to 18 billi...
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The leading local mobile operator LLC Azercell Telecom intends to expand its activities in the territory of Azerbaijan.According to the report the Ministry of Communications and High Technologies (MCH...
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The Economic Policy Committee of the Milli Majlis proposed draft amendments to the legislation to simplify the process of real estate registration for the spring session of the Milli Majlis (MM).They...
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The State Insurance Supervision Service of the Ministry of Finance of AR expanded the roster of foreign insurance, reinsurance and brokerage companies.According to the State Insurance Supervision Serv...
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The licenses of another 15 individuals providing services as insurance agents have been canceled. According to the decision of the Ministry of Finance on the basis of the submission of AR State Insura...
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The Ministry of Finance published the operational version of the final report on execution of the state budget last year. So, the main financial source of income amounted to 18 billion 400,500,000 man...
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The normal development of small and medium-sized enterprises in Azerbaijan requires funding of $ 2.3 billion.It was forecast by the senior expert on banks of the International Finance Corporation (IFC...
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Since early year BP-Azerbaijan company, the main oil and gas manufacturer in Azerbaijan, started laying off its staff to raise competitiveness of the company.The company reported that by present 255 e...
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Smaller shops gradually give way to supermarkets, whose network expands every month. Meanwhile hypermarkets are on the horizon.Yesterday Azersun Holding announced plans to open 10 supermarkets and 3 h...
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In 2014, poultry farms produced 85.3 thousand tons of poultry meat in live weight, which is 16.3% more than in the previous year, according to the State Statistics Committee.According to the National...
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In 2015 BP oil and gas company will freeze raise of salaries to reduce the costs against the background of slump of oil prices, Financial Times quoted Robert Dudley, BP President, as saying his employ...
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In 2014 SOCAR extracted 8,402,500 tons of oil, up 1% against 2013.According to SOCAR, in 2013 the company extracted 8,314,900 tons of oil and condensate.During 2014 State Oil Company of Azerbaijan (SO...





