Economics - 2016
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On August 5 the Central Bank set the official rate of the manat to the US dollar at the level of 1,598 (it was 1.5947,) The manat fell again by 0.2%. Such rate has been observed for more than a...
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The State Committee for Urban Planning and Architecture (SCUPA) is working on a draft master plan of three cities. To this end, a design company is attracted through open tender. It is planned to...
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In the foreign exchange auction of the Central Bank of Azerbaijan on August 4, the State Oil Fund of Azerbaijan (SOFAZ) sold 28 banks $ 49.4 million. Total $ 50 million was proposed. At the last a...
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The Baku branch of Bank Melli Iran changed the chief accountant. In place of Elkhan Rahimli they appointed Vugar Mirheydar, who was the deputy chairman of the Board of Gunay Bank. Bank Melli Iran...
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In the first half of 2016 Agroleasing JSC transferred agricultural machinery amounting to AZN 22.5 million to farmers in long-term leasing. Total 296 tractors, 121 combine harvesters, 106 ploughs...
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By the resolution of the Cabinet of Ministers the authorized capital of CJSC Azerbaijan Caspian Shipping Company was increased by AZN 56 million 630.3 thousand from August 2. It has reached AZN 440 m...
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President Ilham Aliyev on August 3 canceled his order of 4 September 2007 On the Establishment of Best Teacher and Best Educational Institution awards. According to the new decree, the funds annua...
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From August 3, Pasha Bank has canceled charging commissions in conducting non-cash transactions of foreign currency sale for AZN. -0-...
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ADA University and Pasha Bank have established a special student loan program to attract talented high school youth in the 2016/2017 academic year. For bachelors credits will be given for tuition...
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The Ministry of Labor and Social Welfare has concluded contracts with 13 different companies for the construction of housing in regions of the country for the families of Karabakh war disabled and...
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The Ministry of Taxes canceled the registration for another 5 foreign companies in Azerbaijan. According to the Ministry of Taxes, they are Distrilab, Buz Alen Hamilton Inc., Grundfos Pompa San...
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JSC Caspian Development Bank (CD Bank) in the first half of this year received revenues totaling 4 million 576 thousand manats. Operating profit of the bank amounted to 444 thousand manats, its fin...







