Economics - 2016
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The Central Bank of Azerbaijan (CBA) has established a course USD/AZN on August 6-8 at the level of 1.6005. On August 5 USD/AZN 1,5980 course. Thus, for two months the rate of dollar has risen in...
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Income of Standard Insurance for six months in 2016 (a subsidiary of JSC AB Standard) amounted to 16.7 million AZN. With operating costs of about 13 million AZN, the insurance company suffered a loss...
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SOCAR is completing the work on the restoration of the platform in the offshore field "Guneshli", burnt on December 4, 2015. During the restoration work were dismantled the old metal-constructions,...
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AzerTurk Bank joined the social initiative Yashil Dag - Project "to exchange paper sheet for wood", which aims to reduce paper waste, save trees by encouraging recycling, protect nature and preserve e...
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In January-July 2016 the Ministry of Taxes collected a total amount of 3 billion 849.9 million AZN, which is 254.1 million AZN or 6.2% less than for the comparable period of 2015, due to reduced reven...
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August 5, Central Bank of Azerbaijan announced an increase in interest rates on refinancing of banks from 7 to 9.5%. The rate increased with the objectives of macroeconomic stability in the medium ter...
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Ilham Guliyev, who previously served as Deputy Director of the Department, has been appointed the head of Legal Department of AzerTurk Bank. He replaced the chief, Mustafa Rashidov, who was appoin...
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A new round of intensification of Turkish investments in Azerbaijan is expected after the announcement of the list of enterprises to be privatized. This was stated today at the Turkish Embassy in Baku...
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Azerbaijani President Ilham Aliyev approved the project "Reform agenda, which will be held in the tax field in 2016" and improvement of tax administration. The special order of the President on 4...
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During 2015 proved oil resources of SOCAR increased by 3% and totaled 74.34 million tons against 72.05 million tons in 2014. SOCAR reported that by January 1, 2016 proved gas resources of SOCAR...
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The Azerbaijani Cabinet of Ministers made amendments to the "Rules of providing and publishing annual financial statements and combined (consolidated) financial statements of commercial organizatio...
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The nuances of the project of suburban train movement resumed between Baku and Sumgait since May 2015 have become known. A correspondent of the Belarusian TV and Radio Company Ilona Krasutskaya...







