Economics - 2016
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The price of oil falls and the public investment reduces. Investment in construction has also reduced, which led to the economic downturn. This was recognized by Ilham Aliyev at a meeting of the Cabin...
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The Minister of Taxes Fazil Mammadov appointed Aflatun Masim Oglu Mammadov an advisor. The sphere he will be in charge of has not been specified. Aflatun Mammadov has higher education in electr...
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The Deposit Insurance Fund appealed to individuals and legal entities, which have debts to Bank Standard, which is in the process of liquidation. It is reminded that by the October 4, 2016 deci...
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At the extraordinary general meeting of shareholders of Nikoil Bank Iskender Khalilov voluntarily released from the post of chairman of Nikoil Bank. He was replaced by Marina V. Kulishova. The ba...
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On the foreign exchange auction held by the Central Bank of Azerbaijan USD was 1.6006 AZN. The auction began with the rate of 1USD / 1,6036AZN. Note that starting from October 5 the Central Ba...
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Iranian Mahan Air will launch regular flights on the Tehran-Baku-Tehran route from October 31. Azerbaijan State Civil Aviation Administration issued the relevant permission after receiving a re...
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Baku – Azerbaijan Airspace Supervision & Efficiency Centre (ASEC) will be built at Heydar Aliyev International Airport. The relevant agreement was signed by CJSC Azerbaijan Airlines and French comp...
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With the support of the Ministry of Agriculture on October 15 the second floor of the shopping center AMAY Baku will host a traditional exhibition-fair of apiculture products. The prices will be fr...
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In the first 9 months of this year Azerbaijan was visited by 1 million 719 thousand tourists. This is 169,400 or 10.9% more than in the comparable period of 2015. This was reported by the Ministry of...
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JSC Investment Company AzFinance has increased the authorized capital from 1 million AZN to 1 million 550 thousand AZN. The Financial Markets Supervision House registered the issue of new shares of Az...
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The Central Bank of Azerbaijan will hold the next, 15th deposit auction on October 10. The central bank intends to attract 50 million AZN for a period of 28 days. The Central Bank started holding...
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The assets of the non-bank credit organization Finoko grew by 855,680 AZN in the first half of 2016 (+9.7%), reaching 9,595,400 AZN, of which 9,001,490 AZN was in foreign currency. The obligations ros...
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The Financial Markets Supervision House (FMSH) registered 4,622 shares of Turan Bank at a nominal value of 1,082 manat each. Thus, the authorized capital of Turan Bank increased 5 million AZN to 55,00...
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The Ministry of Finance draws from the local market additional 15 million AZN through the placement of bonds with a circulation period of 364 days. The auction will take place on October 11. At th...








