Economics - 2016
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The World Bank and European Investment Bank (EIB) have indicated preliminary dates for the approval of more than $2bn in loans for the Trans Anatolian pipeline (TANAP) project across Turkey that, once...
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Wood Group has won a new five year contract with BP-operated projects, valued at $500 million, to deliver services to eight facilities, offshore Azerbaijan. Effective immediately, Wood Group PSN (W...
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As of April 28, as the website Fins.az close to the Finance Ministry reports, OJSC Capital Bank buys dollars at the most affordable price - $ 1 to 1.5015 AZN. The lowest price (AZN 1.45) is offered by...
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The sericulture breeding station located in the village Anbarkend of the Gakh region distributed silkworm seeds that have passed the incubation period to farmers from nine regions. As Turan was to...
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The United Nations Development Programme (UNDP) will help Azerbaijan to introduce innovations on the basis of the methodology SYSLAB (systemic laboratory of innovation and employment). Financial suppo...
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In the past year, the share of e-commerce in the IBA network service amounted to 51.87 million AZN by 2,231,816 operations. According to the report on the IBA website, leaders in this segment are...
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Today the State Oil Fund of Azerbaijan (SOFAZ) through an auction organized by the Central Bank of Azerbaijan sold $ 32.4 million. According to SOFAZ, whereas every time it exhibited on sale $ 100...
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The Ministry of Taxes accused traders of tax evasion. At today's press conference the head of the risk analysis and supervision department of the Ministry of Taxes of Azerbaijan Elshan Huseynov hi...
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Four of the 25 insurance companies operating in Azerbaijan completed 2015 with a loss. We are talking about Alfa Sigorta, Basak Inam Sigorta, Gunay Sigorta, and Gala Sigorta. One of these companies...
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In the framework of the School Community project a social project Children - Insurance for Our Future started in Sheki, Guba, Lankaran and Ganja. It is implemented by the initiative of JSC AXA MBAS...
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The Cabinet of Ministers, the Confederation of Trade Unions and the National Confederation of Employers' Organizations signed a tripartite general collective agreement for 2016-2017 on April 15. Th...
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In order to address the complaints of the management of major supermarket chains a commission should be set up, including representatives of retailers themselves, as well as senior officials from t...
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From May 9, free hot meals will be served to all passengers on AZALJET flights. Meals on AZALJET flights will differ slightly from the sa...
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Consideration of the Asian Development Bank (ADB) on the loan of $ 1 billion for the project of the electricity network operator OJSC Azerishig within the framework of multi-tranche financing Inves...
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According to the State Customs Committee of Azerbaijan (http://customs.gov.az/files/arayish201603.pdf), by April 1, Azerbaijan's foreign trade turnover amounted to $ 3 billion 606 million, slightly...
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In quarter 1. 2016 Azerbaijan generated 4.5 million kwh of power from alternative sources, a source from the Azerbaijan State Statistical Committee told Turan. Generation of power from alternat...







