Economics - 2016
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The Accounts Chamber approved the audit report on the audit of the use of funds in the framework of the project "Support to the development of water user associations (WUA)", implemented from 2011....
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Residents of Gudajuhur village of the Sabirabad district celebrated the construction of a new medical facility. The opening ceremony was attended by representatives of the United States Agency for Int...
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The Baku Stock Exchange made a delisting of the securities of two banks (Deka Bank and Para Bank). This is due to the elimination of their banking licenses. JSC Deka Bank issued shares totaling 24...
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The Chairman of the International Bank of Azerbaijan (IBA) Elmar Mammadov appointed Nabi Aliyev his adviser. Earlier Nabi Aliyev headed the department of external control of the Department of Supe...
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The Chairman of the International Bank of Azerbaijan (IBA) Elmar Mammadov appointed Nabi Aliyev his adviser. Earlier Nabi Aliyev headed the department of external control of the Department of Supe...
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The head of the largest petrochemical company Petkim, Sadeddin Korkut, was arrested in Istanbul. For some time now the company's controlling stake belongs to Azerbaijan, but rather the State Oil Co...
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The Azerbaijani government and the Asian Development Bank (ADB) signed credit and guarantee agreements worth $ 250 million, which is the first tranche of the project to modernize electricity grids, wo...
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Baku hosted a bilateral meeting of the Chairman of CJSC Azerbaijani Railways Javid Gurbanov and the Deputy Minister of Roads and Urban Construction of Iran Asghar Fahreyi Kashan. The parties discu...
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According to the financial statements of the 25 insurance companies operating in Azerbaijan, it can be concluded that 7 of them did not pay enterprise profit tax in 2015. In 2014, the number of suc...
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Greek Minister of Environment, Energy and Climate Change Panos Skurletis has accused the European Commission of delay of the deal to sell share of State Oil Company of Azerbaijan (SOCAR) in the Gre...
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The State Committee on Property (SCP) has prepared a new specialized portal (www.privatization.az) on the privatization of state property. This information resource will provide detailed inform...
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At the July 26 auction on placement of T-bills outstanding for a period of 364 days, investors submitted bids lower than exhibited in the securities trading. According to the Baku Stock Exchang...
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The Ministry of Taxes has published a list (http://goo.gl/N4Ft3Y) of companies, the leaders of which are prohibited from leaving the country because of tax debts. Among them there are many foreign...
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The international rating agency Moody's said that the rating of Bank of Baku on January 1 and July 1 remained stable at the level B3. Based on the financial performance of the bank as of July 1, t...
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The sister of the former head of the International Bank of Azerbaijan (IBA) Amina Hajiyeva accuses the Finance Minister Samir Sharifov of fraud and theft. In a letter addressed to the President of...
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Azerbaijan Coca-Cola Bottlers has launched a new plant for purification of waste water, which has resulted in the complete safety of the water, which, after the production process is returned to natur...











