Economics - 2016
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Yesterday Azerbaijan and Russia signed a bilateral agreement on the Green Card motor insurance system, as the Executive Director of the Russian Green Card Office Sergey Razuvan stated during his sp...
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The State Oil Fund of Azerbaijan (SOFAZ) said that short-term changes in exchange rates caused by the results of the referendum (Brexit) on the termination of the UK's membership in the EU did not cau...
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The currency reserves of the Central Bank of Azerbaijan amounted to $ 5 billion 16.7 million as of January 1 (minus 63.54% for the year) and the profitability of foreign exchange asset management w...
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The Milli Majlis at today's plenary meeting of the extraordinary special session adopted amendments to the Tax Code. According to the innovation, the Ministry of Taxes shall determine the rules...
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Russia has banned the import of agricultural products from Azerbaijan as hand luggage. This is due to lack of appropriate supporting documents. According to the Rules of the Russian Federation...
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The results of the referendum in the UK to leave the European Union will have a serious impact on the world markets. Just look at the drop in rates of world currencies and oil prices. All this wil...
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Amid oil price slump Azerbaijan's state oil company SOCAR has recently decided to limit its operations in the US, TURAN's Washington correspondent was informed by several sources knowledgeable on t...
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Ali Abdullayev was appointed the new First Deputy Minister of Communications and High Technologies of Azerbaijan. He headed the Ministry’s administration unit before. In this position he succeeded Ilt...
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In 2017 Azneft, SOCAR’s producing company, plans to increase extraction of both oil and gas. In order to achieve that the company needs to drill 88 new wells. SOCAR’s press office reported that...







