Economics - 2016
-
The International Bank of Azerbaijan has raised a syndicated loan in the amount of over $ 200 million. The organizers of the transaction are Citibank, Credit Suisse A.G. London Branch (Credit Suis...
-
The general meeting of shareholders of Turan Bank elected the new Chairman of the bank’s Board. It is Rauf Kazimov, who had been a member of the bank's Supervisory Board. And Nazim Sadigov, wh...
-
With the rise of the dollar, as well as the introduction of limits on the sale of foreign currency by several commercial banks, the “black” currency market has intensified in Baku. According to th...
-
The manat depreciated by another 0.5% (0.0085 AZN) on the currency auction of the Central Bank of Azerbaijan on Thursday. The dollar exchange rate at the auction was established at 1.6867 manat. The a...
-
The Minister of Taxes Fazil Mammadov is dissatisfied with the Department for Preliminary Investigation of Tax Crimes. At the Board meeting Mammadov criticized the relevant structures of the Depart...
-
Major reconstruction of the railway Baku-Sumgait-Pirshagi, 29.2 km long, has started, according to the Azerbaijan Railway Office. The work is carried out by Demiryolservis LLC. Builders have start...
-
Amendments to the Civil Procedure Code of Azerbaijan were passed on September 30, 2016. The corresponding decree was signed by President of Azerbaijan. According to the document, the text has b...
-
For the year until November 1, the number of legal migrant workers in Azerbaijan increased by 19.7% or 5,493 units up to 33,355 people. As stated in the press release of the Ministry of Labor a...
-
The portal www.tedaruk.az on the Procurement and Supply of Food Products has been put into operation. The main content of the portal is made up of ads for procurement, potential suppliers, offers of f...
-
On November 8 at Baku Stock Exchange the Ministry of Finance placed bonds in the amount of 15 million manat, with the circulation period of 364 days. According to BSE, 6 investors filed 13 applica...
-
British Airways PLC announced on November 9 the closure of its office in Baku. The announcement of this was made public in the newspaper Vergiler (Taxes) of the Ministry of Taxes (state for commercial...
-
In the ten month of 2016 the Ministry of Taxes transferred to the state budget 5 billion 707.1 million manat, which is 263.1 million manat or 4.5% less than in the same period last year, according to...






