Economics - 2016
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LLC SOCAR-GPC with an authorized capital of USD 1,000 has been registered in Azerbaijan. According to the official resource (the State Register of Commercial Entities), SOCAR-GPC was registered on...
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The State Supervision Service on Precious Metals and Stones at the Ministry of Finance of Azerbaijan has suddenly become concerned about the massive absence of state samples on precious stones and met...
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The State Service for Credit Management and Agricultural Projects (SSCMAP) at the Ministry of Agriculture demands declaring the non-bank credit organization Icraci Kredit Agentliyi (IKA) bankrupt....
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The Executive Director of LLC Azerfon (under the brand name Nar) Kent McNeely, thinking about career development, leaves the company. On August 31, it will be headed by Klaus Mueller - Chief Operating...
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Due to the failure of flights on the schedule of the International Air Transport Association (IATA) this season, the Federal Agency Russian Aviation has withdrawn the approval for seven Russian air...
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Azerbaijan's sovereign rating outlook has been kept as negative. According to Fitch Ratings, also confirmed is the long-term issuer default rating in foreign and national level - 'BB +'. At the...
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The State Statistics Committee published the statistics on health care, according to which the number of doctors in Azerbaijan in 2015 decreased by 298. The Health Ministry explains this trend with...
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If the government does not want to pay compensation to citizens who have taken loans in dollars, it at least should protect them from future devaluations, the expert in finance Samir Aliyev said....
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In the first Eurasian conference "Developing the energy economy of the Caspian region: challenges and opportunities", Azerbaijani President Ilham Aliyev received Secretary General of the Gas Export...
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The State Oil Fund of Azerbaijan (SOFAZ) sold 50 million dollars to banks on August 30. The currency was bought by 29 banks. SOFAZ has not informed about the real demand for the US currency. Note...
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Membership of six companies in Baku Stock Exchange (BSE) has been suspended until the end of the year, according to BSE. According to the decision of the membership committee of the stock exchange...
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The Central Bank of Azerbaijan (CBA) held a regular deposit auction, which was the tenth one. At the auction CBA attracted 30 million AZN compared to the planned 50 million AZN. ‘The funds are...
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The Azerbaijani Central Bank has not changed the dollar rate in respect to manat. On August 30, the US dollar exchange rate remained at the same level - 1USD / 1,6280AZN. Experts believe that i...
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The strategic partnership between Azerbaijan and Georgia is based on friendship, mutual respect, and good neighborly relations, said at the joint briefing in Tbilisi the Azerbaijani Foreign Ministe...
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The national air carrier Azerbaijan "Silk Way Airlines" has bought a new aircraft "Boeing 747-8F". According to the press-service of the company, this is the eighth aircraft "Boeing" and a fourth a...
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AFB Bank's net profit for the first half of 2016 amounted to 2,604,353 AZN. In comparison with the similar period of 2015 there was growth of 2.78% (72,598 AZN). The bank's assets for the reported...










