Economics - 2016
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In terms of public-private partnerships at its own expense the Azerbaijani company Benkons is building two kindergartens in the Russian republic of Tuva, local media reported. In 2015, between...
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According to the research note by Fitch Ratings, which was presented by the analyst on Azerbaijan Paul Gamble, economic progress is possible after stabilization of the exchange price of oil at leas...
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In 2017 SOCAR plans to start construction as a part of the project of the Baku-based Heydar Aliyev oil refinery upgrade, said Emil Alkhasly, Deputy General Director of SOCAR OGPC. “The licensor...
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This year's gross domestic product in Azerbaijan will be reduced compared to 2015 by 3% and the growth rate of 1% will be achieved next year. This is stated in the annual report of the Internationa...
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According to the results of the journalistic survey, the most transparent and private banks have become known. In Azerbaijan, there are 37 commercial banks. Twenty-five of these were sent 46 quest...
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In January-February this year through TRACECA transport corridor via Azerbaijan there was transported 1 million 172.7 thousand tons of cargo. This is by 38.7% less than in the first two months of 2015...
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JSC International Insurance Company has started to provide services to customers via the Internet. As stated in the IIC, customers traveling abroad can visit the constantly operating website www.i...
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The general meeting of shareholders of JSC AG Bank yesterday appointed the Deputy Chairman Afghan Jalilov as Acting Chairman. Reportedly, it was due to the fact that the Chairman of the Board Azer Mov...
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Today the State Oil Fund of Azerbaijan (SOFAZ) through an auction organized by the Central Bank of Azerbaijan sold $ 20 million. According to SOFAZ, whereas every time it exhibited $ 100 million o...
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Next year SOCAR does not plan to start dismantling of Azerneftyag oil refinery, which specializes in manufacture of heavy fractions. SOCAR Vice President Davud Mammadov said that there is no ne...
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In quarter 1, 2018 South Korean company Samsung Engineering company plans to complete construction of the carbamide plant (SOCAR’s division) in Sumgait, said Noh Eichul, representative of the compa...




