Economics - 2015
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Elmar Mammadov has been elected Chairman of the Board of OJSC International Bank of Azerbaijan.He was elected for 4 years by the Extraordinary General Meeting of Shareholders, which was held on July 2...
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Achievement of an agreement between Iran with the “Six” countries has many positive signs for us and we consider various options of cooperation with Iran, SOCAR President Rovnag Abdullayev said in his...
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Technip has been awarded by TAP a Project Management Consultancy (PMC) Services contract, for a project designed to transport gas from the Shah Deniz field to the European market, reads press release...
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Rovnag Abdullayev, President of State Oil Company of Azerbaijan (SOCAR) has named the company, which is going to leave the European pipeline project Trans-Adriatic Pipeline (TAP), the last link of the...
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The State Committee for Securities has extended the offering of shares of NBC Bank until the 19th of November. The bank needs to attract at least 3.5 million manat to bring its capital to the minimum...
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The planned purchase of distressed assets and the subsequent privatization of OJSC International Bank of Azerbaijan, according to the international rating agency Fitch Ratings, will have a moderately...
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Bakcell, the First Mobile Operator and Leading Mobile Internet Provider in Azerbaijan, has launched today its new “Miracle every day” promotion, for the subscribers of its GəlirliCIN tariff. The mecha...
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The service of remote service "phone banking" has been launched via the processing center AzeriCard at the International Bank of Azerbaijan in the local financial market.According to today's press rel...
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The employees of the state labor inspection services in the Ministry of Labor and Social Welfare in the first half of the year revealed 8,076 violations of labor legislation (minus 12.8% against July...
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Baku will be the center of the extensive discussion of applied problems of the global and local economy, as well as scientific and industrial aspects of this segment.According to the Ministry of Commu...
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The Ministry of Finance announced timely information on execution of the state budget in the first half.According to official data, the profitable part of the "people's piggy banks" amounted to 7 bill...
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The Framework Document of the World Bank (WB) on partnership with Azerbaijan for the period 2015-2020 has been approved. This is stated on behalf of the Board of Executive Directors of the World Bank...
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The state company Azerbaijan Airlines (AZAL) announced the creation of a low-budget line traffic (low cost direction) and the introduction of seats on all flights at low rates. This is stated in the p...
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The Azerbaijani President signed a decree on the entry into force of the new law "On Advertising". The previous version adopted in 1997 has lost its force.Experts note the tightening of the rules and...
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New requirements of the law "On securities market" approved by the President on July 14 have come into force. According to them, before being transferred to the book-entry form handling a large packet...
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With the reduction in the real estate market, including property, the State Statistics Committee published the phenomenal growth in production of building materials (+ 19.4% by July 1 of the previous...










