Economics - 2016
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Trade outlets earned 2 billion 243.2 million manats from retail trade of consumer goods in January (+ 4.6% compared to January of last year). According to the State Statistics Committee, for th...
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LLC Sumgait Chemical Industrial Park provided LLC Baku Non Ferrous and Foundry Company a status of resident of the industrial park on February 19. According to the Ministry of Economy, it is th...
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The government has offered the parliament to amend the state budget for fiscal year 2016, because of the new situation at the world oil markets. The current state budget of Azerbaijan, which wa...
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In January, the volume of industrial production in Azerbaijan totaled 2.1 billion manats, which is 3.1% less in comparable prices than in January 2015. Although, at current prices the production in...
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The level of relations between Iran and Azerbaijan has been increasing rapidly after the lifting of international sanctions against Tehran and this will be beneficial to both countries Hamid Chitch...
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Today the meeting of the Milli Majlis approved the amendment on unreasonable amendments to the law "On Currency Regulation", which provides 20% duty while transferring currency abroad. After the...
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In January, local post offices received 130.4 million manat income (+ 7.9% by February 1, 2015). According to the State Statistics Committee, over four-fifths of the earnings (81.6%) is the shar...
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Today the plenary session of the Azerbaijani Parliament discussed the draft amendments to the state budget for 2016, according to which the limit of government borrowing in the current year increased...
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Nearly three-quarters of capital investments in January (71.5%) in Azerbaijan's economy on account of foreign investment is equivalent to 629.4 million manat. The total volume of investments i...
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The CJSC "Azerbaijan Caspian Shipping Company" (Kaspar) plans to decide on the insurer property on its balance sheet before February 29. According to the information on the site of the closed joi...
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The Milli Majlis is continuing discussion of amendments to the revenue and expenditure of the state budget of Azerbaijan for 2016. According to Finance Minister Samir Sharifov, new calculations...
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JSC Azerbaijan Investment Company (AIC) signed an agreement with JSC Pasha Sigorta on a contract for voluntary health insurance for employees. The parties are permanent partners. According to t...
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Azercell Telecom, leading mobile operator of Azerbaijan, has become a leader among local brands in Facebook once again. The company has achieved 100% result for customer inquiry response via its of...
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The depositors of the bankrupt JSC Tekhnika Bank, Bank of Azerbaijan and Gandja Bank have received a total of 49 million 561 thousand mantas as compensation for the insured deposits. According to...








