Economics - 2016
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There is a close political dialogue between Baku and Berlin , said Azerbaijani Foreign Minister Elmar Mammadyarov at a meeting with German counterpart Walter Steinmeier. Successive measures f...
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The Azerbaijani Central Bank (CBA) has once again lowered the rate of the manat to the US dollar, and established it for f July 1 at the level of AZN 1.5425. At present the rate of the manat...
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Reports for 2016 and 2017 on Azerbaijan's participation in the Extractive Industries Transparency Initiative (EITI) will be prepared by the international audit company Moore Stephens. Provision of...
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Baku / 30.06.16 / Turan Ernst & Young conducted an audit of the Report on the sustainable development of the Azerbaijan Caspian Shipping Company (CSC) and gave a positive opinion. The report (...
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At the end of 2015 Uni Bank suffered losses amounting to 22.3 million AZN. At the same time the operating profit for the year reached 85.5 million AZN. According to the report (https://goo.gl/7...
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Azerbaijan is not ready for the transition to fully digital broadcasting. The Deputy Minister of Communications and High Technologies Elmir Velizadeh told the media the digital broadcast signal covers...
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From July 1, 2015 until June 30, 2016, the World Bank (WB) provided the Azerbaijani government about $ 207 million of loans (minus $ 93 million to the past financial cycle). As stated in the repor...
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BP-Azerbaijan company is interested in the schedule of use of SOCAR’s new sixth generation semi-submersible drilling rig, which will be put into operation in early quarter 2, 2016, a source from S...
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On the territory of the Sumgayit chemical-industrial park (SCHIP) a plant will be built to produce pesticides - plant protection agents. As Turan was told in the press service of the Ministry o...
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In quarter 1, 2016 SOCAR Gas (SOCAR’s daughter company SOCAR Turkey Energy) sold 330.4 mcm of gas to the amount of $84.2 million at Turkey’s local market, Vagif Aliyev, chief of SOCAR’s Investments...






