Economics - 2016
-
In the first nine months of this year consumer prices in Azerbaijan increased compared to the same period in 2015 by 11.2%, the State Statistics Committee said. According to official figures, f...
-
The Cabinet of Ministers on October 5 adopted two resolutions, according to which the assessment of privatized property, as well as land under privatized enterprises and private facilities, will be...
-
The Cabinet has reduced the State Service for Road Transport (SSRT) staff from 204 to 145. The decision was made in connection with the establishment of independent bodies for urban transport manageme...
-
State air carrier AZAL reported an increase in the number of flights from Baku to London. The company said that from October 30, the flights will be operated daily (now - five times a week.) On Sa...
-
Youth unemployment is twice the average in Azerbaijan, said the Minister of Labor and Social Protection Salim Muslimov. The Minister stressed that it is important to reduce this figure to the leve...
-
Following the closure of several banks and exchange offices, the employment centers of the Ministry of Labor and Social Welfare have been requested by 2,700 people, the Minister Salim Muslimov said. A...
-
The legislative two-year ban on inspections of business entities, effective from 1 November 2015, had a negative impact on the number of accidents at work, the Minister of Labor and Social Protection...
-
LLC MKT Istehsalat Kommersiya issued 20 thousand non-guaranteed bonds with a nominal value of US $ 1,000. The company intends to use the funds for the implementation of investment plans in the field o...
-
The State Committee for Property Affairs of Azerbaijan held an auction on October 11, at which 35 state property objects were privatized. In five of them, there was a serious competition. That is, one...
-
The rapprochement of Russia and Turkey is not only economic and it is formed on the basis of anti-Western sentiment, the Executive Secretary of the movement Republican Alternative (REAL) Natig Jafarli...
-
The State Oil Company SOCAR seems to float another bond issue designed for the domestic market. As a result of the subscription for securities worth $ 100 million (100 thousand units each with a par v...
-
Baku hosts presentation of AzRusTrans, Azerbaijani-Russian transport company, which aims to increase the volume of cargo transportation between the two countries, as well as Georgia, Iran and Turkey o...
-
Unibank reports that the emission of shares has been registered with the state authorities and, in compliance with the current legislation, Unibank has started to accept applications for the purcha...
-
At a regular currency auction held by the Central Bank of Azerbaijan, the dollar fell to 1.5986 manat, the Central Bank reported. The auction began with 1 USD / 1,6006 AZN. The auction was als...
-
From October 11 starts delivery of compensation to depositors of Bank Standard, said the Financial Markets Supervision House. Taking into account the large number of depositors, as well as the availab...
-
In the first eight months of this year on the international transport corridor through the territory of Azerbaijan there was transported 4 million 855.5 thousand tons of cargo, which is 25.9% less tha...





