Economics - 2016
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JSC Azerbaijan Airlines (AZAL) increases the number of regular flights from Baku to Moscow, Vnukovo Airport. From March 2017 from the Heydar Aliyev International Airport there will be two flights...
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On November 29 the auction of the State Committee for Property Affairs (SCPA) managed to sell 19 state-owned property items. According to the press service of the agency, it sold 6 small enterpris...
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The development of bilateral relations between Azerbaijan and Iran were discussed today at the meeting of Ilham Aliyev with the Minister of Iran Mahmoud Vayezi. The sides discussed the implementati...
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Independent experts regard unjustified increase in tariffs for electricity and gas. This will provoke a new wave of growth in prices for consumer goods and services. One of the reasons for price incre...
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The Tariff (Price) Council adopted on November 28 a decision to raise tariffs within SOCAR and wholesale jet engine fuel, which come into force on December 1st. Current tariffs (https://goo.gl/9H2...
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Following the increase in electricity tariffs, prices for rail transportation will also rise. This was stated by the head of JSC Azerbaijan Railways, MP Javid Gurbanov. According to him, the compa...
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The decision of the Tariff Council on increase in prices for gas and electricity will have psychological and economic consequences, the economist Gubad Ibadoglu said. Commenting the TC decision on...
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On the foreign exchange auction of the Central Bank of Azerbaijan on Tuesday, the US dollar rose again. The auction began with a rate of 1.7246 and ended at 1.7306 AZN. Commercial banks have a...
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Mugan Bank completed the placement of 40 thousand shares at a par value of 200 manat each, the bank said. The placement began on November 4, 2016. Thus, the bank's authorized capital reached 65 m...
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Azerbaijan Central Bank announced on Monday the new dollar exchange rate for November 29, which is made up 1.7246 AZN, which is higher than the rate 28 (1.7196 manats.) By law, commercial banks hav...
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By the end of the year, on December 27, the State Committee for Property Affairs will hold this year's last auction, which will be first exhibited 51 objects. The objects have been estimated at 5 mill...
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The court session on the lawsuit of the news agency Turan against the state water distribution company JSC Azersu was held in Baku Administrative-Economic Court №1 chaired by Sharafat Mammadova on Nov...
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The version of the state budget of Azerbaijan approved by the Chamber of Accounts provides for a deficit of 190.8 million manat, or 0.32% of GDP. The revenue part of the basic law is expected to r...
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As part of today's visit of Belarus President to Baku the Deputy Prime Minister of this country Vladimir Semashko visited the first Belarusian goods store in Baku on Narimanov Avenue (near the State S...
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On the deposit auction of the Central Bank of Azerbaijan 50 million manat was raised. The demand was 72 million manat. The funds have been raised for 14 days at the weighted average rate of 14.95%....
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There was a meeting on electing new members of the Board of Trustees of the Bureau on Compulsory Insurance. The Chairman of the Board of JSC Pasha Sigorta Ulviya Jabbarova, Deputy Chairman of the...








