Economics - 2015
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In 2014 the State Oil Fund (SOFAR) saved AZN 14 million over three years (2012-2014) on investments for the purchase of bonds of the company Mercury Investments and Holdings Ltd. This is stated in the...
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On 9 July Baku Stock Exchange held a deal on the sale of 5% of shares of Bank of Baku.The brokerage company BoB Broker (subsidiary of JSC Bank of Baku) refused to give away the parties of the insider...
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The Accounting Chamber of Azerbaijan spent on its own needs a total of 1,478,730 manats in H1, 2015.According to the information on its website, in the budget law for this year the total estimated cos...
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Nikoil Investment Commercial Bank plans to increase the portfolio of the bond issue.According to the State Committee for Securities, it registered the issue prospectus of the bank's bonds totaling $ 5...
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The revenues of CJSC Baku Metro in 2014 amounted to 80.4 million manats, which is about 9% more than in the previous year. For the year subsidy from the state budget (over 36 million manats) increased...
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On June 1, in Azerbaijan, there were 2,670 ATMs installed by local banks (+ 2.4% on 1 January). According to the report of the Central Bank of AR (CBA), 1,506 are installed in Baku, while 1,164 are in...
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According to the Central Bank of Republic of Azerbaijan (CBA), the volume of overdue loans by June 1 of this year amounted to 1 billion 313.2 million manats or 6.4% of total loans. In absolute terms,...
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SOCAR delegation led by its President Rovnag Abdullayev is currently on a working visit to Japan, reads web site of SOCAR.The goal of the visit is to discuss the possibilities of participation in the...
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Azerbaijani President Ilham Aiyev said that the Azerbaijani side is not opposed to purchase of share of the Italian Snam S.p.A. group in the trans-Adriatic gas pipeline (TAP). Reuters reported that Il...
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The turnover of real estate in Azerbaijan in the first five months of 2015 decreased by 29.4%. In annual terms the picture is the same. The market dipped by 29.4% from 2,144,146,000 manats on June 1,...
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In 2014, Azerbaijan’s 535 hotels and hotel-type facilities paid taxes to the state budget at only 28.2 million manats. This includes the VAT included in the price of hotel rooms.According to Turan in...
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Today the official press published the announcement of the transformation of the Production Association Aztelecom to a limited liability company of the same name. The corresponding decree was signed o...
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The turnover of Baku Stock Exchange as of July 1 totaled 6 billion 787 million 415 thousand manat under 36,090 deals. Due to the derivative financial instruments, growth compared to January-June of la...
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Currently on a working visit to Italy, Ilham Aliyev was met by the Prime Minister of this country Matteo Renzi.As stated in an official statement, during the meeting in the extended format Renzi noted...









