Economics - 2015
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Algeria hopes for participation of Azerbaijani companies in construction of electric stations and oil refineries in Algeria, reported the Azerbaijan Ministry of Energy.The issue was discussed at the m...
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BP, operator of the Shah Deniz project, has become an equal shareholder of the trans-Anadolu pipeline (TANAP).A source from TANAP A.S. company told Turan that this happened on April 16, 2015.“Prior t...
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The politics of AZN devaluation has also left marks on the capital markets in the first quarter of this year. This was at the Board meeting of the State Securities Committee this week, said the head o...
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The Ministry of Finance paid AZN 51,068,949.93 in the capital of JSC International Bank of Azerbaijan (IBA) on April 23. Thus, the bank's outstanding shares can be considered valid.According to the de...
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In Baku Business Center on April 30 there will be a new business forum with participation of a delegation from Belgium.According to the Foundation for the Promotion of Exports and Investment in Azerba...
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Azerbaijan Mortgage Fund (AMF) issued a report that Bakuvians mostly on mortgage loans buy housing in Khatai district (22.3%), followed by Yasamal (15.8%) and Binagadi (14 .1%) areas. Among the 11 adm...
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The past year proved unprofitable for the Central Bank of Azerbaijan. According to the financial statements published on the website of CBA, the operating loss of CBA by January 1 of this year amounte...
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On April 22, 2015 Azerbaijani President Ilham Aliyev approved the production sharing agreement (PSA) signed between SOCAR and BP.The contract envisages development and geological exploration works o...
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JSC Bank BTB decided to bring the authorized capital up to 50 million manat in accordance with the requirements of the Central Bank of Azerbaijan.As stated in the Baku Stock Exchange (a space for rede...
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Documents on the creation of a second national telecommunications satellite Azerspace-2 are in the development stage. The day before, according to the Ministry of Communications and High-Tech, its sub...


