Economics - 2015
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The Ministry of Labor and Social Protection of Azerbaijan recommended that private enterprises should start work from 7.30-8.00 am, and banks - from 10.00 am.The initiative is dictated by the need to...
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Baku Stock Exchange has started placing the bond issue of the investment commercial bank Nikoil in the amount of $ 5 million.According to the BSE, the placement of bonds is made in the standard segmen...
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The highest average interest rate on bank loans in the first half of the year was registered in the Lankaran economic region (24.1% with the issued credits in the amount of 293 million 427.4 thousand...
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The State Commission on Agricultural Subsidies supervised by the Ministry of Agriculture adopted a decision on the allocation of 63.2 million manats for the use of fuel and motor oil in the cultivatio...
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Five more insurance agents have been deprived of their perpetual licenses for professional activity.According to the information on the site of the State Insurance Supervision Service under the Financ...
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The State Statistics Committee released information about the dynamics of the number of passenger car brands in recent years, according to which, nearly all car manufacturers have reduced their sales...
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In the first half of the year the volume of mortgage loans from the Azerbaijan Mortgage Fund (AMF) decreased. According to the information of the Central Bank of AR (CBA), by 1 July it was 56.5 millio...
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In 2015 average daily oil production in Kazakhstan will reduce by 10,000 barrels a day against previous year and total in average 1.62 million barrels a day, reads the OPEC August report about the oil...
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The international agency Fitch Ratings will reconsider ratings of OJSC International Bank of Azerbaijan (IBA). We recall the long-term issuer default rating, support rating and senior unsecured debt r...
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In 2014, the volume of commissioned fixed assets in the aviation sector was about as much as was recorded in the previous seven years.According to the State Statistics Committee, last year fixed asset...
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Russia has its own economic problems: in addition to slump of world prices, daily oil production stopped growing for two months. Since the end of May oil production has decreased by about 120,000 barr...
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By August 1, 2015 total number of customers of Azerigas of State Oil Company of Azerbaijan (SOCAR) reached 1,772,347, reads official web site of SOCAR. 1.749,219 of the customers belong to the “popul...
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BP-Azerbaijan company starts planning works for drilling of the first exploration well on the perspective bloc Shafag-Asiman in the Azerbaijani sector of the Caspian Sea, reads the report of BP-Azerba...
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During six months this year BP-Azerbaijan company has extracted 5.2 billion cub.m. of gas from the Shah Deniz field, up 9.5% against the same period in 2014, reads the report of the BP-Azerbaijan comp...
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OPEC forecasts stable oil production in Azerbaijan in 2015, reads the monthly report of the organization released on August 11, 2015. “It is expected that oil production in Azerbaijan will total in a...
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Iran has announced the start of talks with Azerbaijan on the joint supply of gas to the world markets.As the news agency ISNA said, "It may mean that Tehran has already returned to the plans to export...














