Economics - 2016
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4,672 shares of Turan Bank have been registered, with par value of 1,082 manat each, the bank said. Therefore, the bank's authorized capital increased by AZN 5 million and totaled AZN 55 million....
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A round table on the topic "Some of the problems hindering the development of entrepreneurship and ways to solve them" was held on 28 October. The organizers were the Public Association for Assistance...
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LLC Sumgait Chemical Industrial Park (SCIP) has signed three contracts for works on the territory of SCIP and Mingachevir Industrial Park (MIP) managed by it. According to published information, L...
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In the Baku Business Centre on November 7, a business forum was held with participation of businessmen of Azerbaijan and Monaco. As Turan was told in the Foundation for Export Promotion and Invest...
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In the first nine months of 2016 charges from 25 insurance companies amounted to 390 million manat, which compared to the same period last year is 15.1% (51 million manat) more, according to the Finan...
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The assets of Bank of Baku in the third quarter of 2016 compared to the second quarter decreased by 6.4% (37 million 844.54 thousand manat), amounting to 549 million 542.43 thousand manat, the bank sa...
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Export dairy products from the Azerbaijani company Milk-Pro was not approved by the Rosselkhoznadzor (Agriculture Control) Administration for Moscow and the Moscow and Tula regions. The tempora...
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Visiting Tbilisi, the Minister of Economy of Azerbaijan Shahin Mustafayev met with the Minister of Economy and Sustainable Development of Georgia Dimitri Kumsishvili. At the meeting the Georgian M...
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The Ministry of Labor and Social Protection of Population presented the activities of the ABAD legal entity of public right (support to family business in the ASAN system). According to the hea...
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In the first half of this year the volume of transactions on securities in Azerbaijan amounted to 7 billion 52.5 million manat, which is 0.6% less than in the comparable period of 2015. This is report...
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StartUp projects will receive additional support to potential investors. This will be possible in the first half of next year, when a specialized portal will be used. AZN 15 thousand for these pur...
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The Ministry of Energy of Azerbaijan will be represented at a meeting of the High Level Committee on the implementation of the Algerian agreements of OPEC members and observers. The Vienna delegat...
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The Ambassador of Japan to Azerbaijan Tsuguo Takahashi at a meeting with the delegation of Caspian Energy International Media Group outlined the priorities of bilateral cooperation in the field of non...
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According to the results of the 27 October currency auction the USD rate was 1.6361 AZN, said the Central Bank of Azerbaijan. The auction began with 1.6291 manat per US dollar. According to...
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The official gazette of the Ministry of Taxes published information about the closure of nine companies with foreign capital. These are mainly companies from the UK and Turkey. Regarding the closu...
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The Financial Markets Supervision House (FMSH) has registered 300 unsecured, interest-bearing bonds of the Pro non-bank lending agency at a nominal price of $1,000 each, FMSH said. The bonds have...





