Economics - 2016
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From today the price for a sack of flour increased by 1-2 manats, according to the a representative of the "Nur" factory - the largest bakery, who preferred anonymity. In turn, the represent...
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The Ministry of Taxes has signed an agreement with the Turkish construction company Tekfen Inshaat for the construction of its new head office. According to Tekfen Inshaat, the contract worth 150...
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On August 1 the payment of compensation to the physical depositors of four liquidated banks, Deka Bank, Credo Bank, Para Bank and Zamin Bank, will start. The Executive Director of the Azerbaija...
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A Member of the Board of Directors of the Financial Markets Control House (FMCH) of Azerbaijan Ilgar Muradov was appointed the Chairman of the Board of Trustees of the Azerbaijan Deposit Insurance...
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The Ministry of Economy has handed over investment encouragement documents to 12 companies. Their names are not available. The projects submitted by these companies will be invested 106 million AZ...
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Today Baku Business Center hosted the presentation of the company Alco Lubricant Company as resident of Sumgait Chemical Industrial Park (SCIP). According to the Ministry of Economy, Alco Lubrican...
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The devaluation of the manat has led to the fact that even the government has to recognize that the real incomes of the population went into decline. According to the SSC, in the first half of thi...
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JSC Khazar Lada, the representative of Russian Auto VAZ in Azerbaijan, gained 7 million 88 thousand manats, including 6.5 million manats from the sale of cars, in H1, 2016. It is noted in the company’...
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The assets of Bank Silk Way fell to 10 million 562 thousand mantas in Q2, reaching 364 million 400 thousand manats. The capitalization of the bank compared to the fourth quarter of 2015 increased...
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The international rating agency Moody's Investors Service has retained the same long-term rating of OJSC Khalg Bank for obligations at the level B2, a "negative". Moody's also affirmed the asse...
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The National Fund for Entrepreneurship Support (NFES) under the Ministry of Economy held a business forum in the Gusar region on July 28. During the forum 45 local businessmen through the authoriz...




