Economics - 2015
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Through 18 years of its operations, Azercell Telecom LLC has supported educational development and capacity building in Azerbaijan. The company is successfully continuing its activity in this field. T...
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The CBA report on the total assets of local banks has been published. As of March 1, they make up 28 billion 632,500,000 manat (+ 13.7% YTD). Of these, the largest share (19 billion 169,900,000 manat...
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As of March 1, Azerbaijan had 2,622 ATMs. Of these, 1,477 (56.3%) are located in the capital, while the remaining 1,145 are in the regions, according to the Central Bank of Azerbaijan. ATMs are a mean...
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On April 14, the Milli Majlis passed the first reading of the draft law "On the Securities Market» (http://meclis.gov.az/?/az/law/916/1), on which the work conducted over the past four years. Accordin...
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Azerbaijan today was downgraded to ‘candidate’ country following a Validation report carried out earlier this year. Validation is the EITI’s independent evaluation mechanism and Azerbaijan is the firs...
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In the first quarter of the year the Ministry of Taxes collected 1.6 billion manat, which is 9.2% less than in the same period in 2014.The Ministry of Taxes said tax revenues from the non-oil sector o...
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In the first quarter of the year the production of sugar cubes and granulated sugar reached 103.6 thousand tons (minus 6.4% in comparison with indicators by April 1 last year), the State Statistics Co...
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Capital of British origin has intensified in Azerbaijan. In the first quarter companies from this country were the leaders of foreign investment in the local economy with 490 million 16.1 thousand man...
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In January-March this year, the volume of industrial production in Azerbaijan amounted to 5 billion 792 million manat, which at current prices was by 29% (2 362 million AZN) less than in the first qua...
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In March of this year, inflation was 0.9%, reported the State Committee on Statistics on April 4.Food prices in March compared with February rose by 1.8%, non-food products – by 0.5%, and paid service...
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Last year's investments in the development of alternative energy amounted to 63.6 million manat. Of these, 34.9 million was the proportion of solar energy and 28.7 million – of wind energy. Overall, s...
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Income of SOCAR in the last year amounted to 40 billion manat (about $ 51 billion), said the company's vice president Suleyman Gasimov at a business forum organized by the Caspian European Club in Bak...







