Economics - 2017
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The International Bank of Azerbaijan today, on January 16 announced plans to place 2 billion 222.2 thousand shares of common stock totaling 600 million manat through the Baku Stock Exchange. The i...
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On 16 January President Ilham Aliyev arrived in Switzerland to attend the World Economic Forum in Davos. The first meeting took place in Davos, Aliyev with the President of the European Bank for Recon...
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The state airline CJSC Azerbaijan Airlines (AZAL) announced Winter Action at popular tourist destinations today. According to AZAL, when buying economy class round-trip tickets in the period until...
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20% of businessmen from EU countries working in Azerbaijan are not willing to invest more in the country; 40% do not believe in it, and another 40% would re-invest resources in this country, said...
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The Financial Markets Supervision House registered short-term notes of the Central Bank of Azerbaijan. It is 50,000 notes at a price of 100 manat each. The circulation period of the notes is 28 da...
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On the foreign exchange auction of the Central Bank on Monday the dollar was AZN 1.8045, exceeding the previous rate by 2 gapik. SOFAZ took part in the auction. Note that according to the n...
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The foundation of the second pharmaceutical plant Caspian Pharmed was laid in Pirallahi, Baku. An agreement between the shareholders of Azersun Holding and Iranian TPICO Holding was signed with the pa...
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The assets of OJSC Capital Bank increased in 2016 by 1 billion manat and reached AZN 3 billion 96.7 million at the beginning of this year, the unaudited financial report of the bank noted. During...
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The management of the Bank of Baku is changing. The deputy head of the bank's Board Zaur Garaisaev was appointed Acting Chairman of the Board. The previous head of the bank's Board Abbas Ibrahimov...
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An extraordinary meeting of shareholders of JSC Uni Bank will be held on February 15. According to Turan, the meeting will amend the composition of the Supervisory Board and discuss very important...
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As of December 1, 2016, the economy of Azerbaijan had 1 million 514.4 thousand employees, which is 700 people more than in the beginning of November, the State Statistics Committee said. The numbe...
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In 2016 the Ministry of Taxes contributed 7 billion 15.1 million manat to the state budget, which was 103 million manat or 1.5% less than in the previous year. At the same time the Ministry of Taxes c...
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In 2016 inflation in Azerbaijan totaled 12.4%. Food rose in price by 14.7% on the average as compared to 2015, non-food products – by 16.7%, and services – by 5.8%, the State Statistics Committee said...




