Economics - 2015
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The budget of the State Oil Fund of Azerbaijan (SOFAZ) for 2016 has been approved by the decree of President Ilham Aliyev on 29 December.The income of the Fund is projected at 6.7 billion manats, whil...
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The discounts and campaigns within Genc OL tariff pack of Azercell Telecom still continue. Now, customers subscribing to Genc OL tariff pack can benefit from various discounts up to 50% at more facili...
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The State Committee for Standardization, Metrology and Patents has approved (http://goo.gl/3VELBD) five national standards of food products (pomegranates, wheat flour, olive oil, butter, chocolate and...
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In today's plenary session of the Milli Majlis several MPs raised the issue of devaluation of the manat.According to a member of the Parliamentary Committee for Economy, Enterprise and Industry Vahid...
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At today's plenary session the Milli Majlis approved the candidacy of Firsand Gurbanov as the auditor of the Accounting Chamber. In addition to the chairman, it is the sixth member of the Board.In add...
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The insurance market continued concentration of finance. More than half of premiums (56%) were collected by the top five insurers that have developed relationships with major corporations and are link...
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The three companies specializing in the compulsory insurance and disability from accidents and occupational diseases, by December 1, collected 28.6 million manat of premiums (+3.6% to the same period...
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Azerbaijan Insurers Association (AIA) released the preliminary results of specialized companies in January-November.According to the press attaché of AIA Vafa Rustamova, total premiums in the insuranc...
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JSC Azer-Turk Bank, 75% of whose shares are controlled by the State Committee for Property Affairs of Azerbaijan, today spread information according to which it will cover the losses of the owners of...
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The depreciation of the manat affects its purchasing power. Against the background of general price increase of goods, people are beginning to count the losses due to the devaluation of money, taking...
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The Central Bank of Azerbaijan does not track the actual currency market – on Friday to Monday the exchange offices of commercial banks did not sell dollars. Turan’s correspondent interviewed traders...
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Today, commercial banks imposed a de facto ban on the withdrawal of dollars by using payment cards through ATMs. Turan’s correspondent in an experiment tried in vain to make it through two cards.That...







