Economics - 2017
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April 7, 2017, Baku – On Friday, April 7, an official ceremony of arrival of a new Boeing 747-8F aircraft, which belongs to the Azerbaijani cargo airline Silk Way Airlines, was held at Heydar Aliye...
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At the plenary session of the parliament on Friday, the law "On Banks" was amended. The bill was presented by the chairman of the parliamentary committee on economic policy Ziyad Samadzade. The chang...
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Azerbaijan has ranked last in the rating of legislation on state purchases and their implementation among the Eastern Partnership countries. Of the 100 possible, Azerbaijan scored 49 points. There...
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On April 10, the Central Bank plans to raise AZN 200 million at the deposit auction. The funds will be attracted for a period of 14 days at an interest rate of 12.01% -14.99%. Since June 2016, the...
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The Cabinet of Ministers has decided to transfer the Gakh station of pedigree sericulture to the State Seed Fund (SSF). In April 2016, this station, among 8 enterprises of the Ministry of Agricult...
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The State Accreditation Service (SAS) decided to suspend the activity of the inspection body of the company SGS Azeri Ltd. The validity period of certificates of accreditation of the testing laborator...
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In 2016, the assets of the insurance company Khalg Sigorta increased by 4.1% or AZN 2,127,299 compared to 2015, making 54,139,202 manat. During the reporting period, the company's capital grew by...
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Azerbaijan purchases 6,000 units of agricultural machinery abroad, 5% of which has already been delivered to the supply base of the state JSC Agroleasing, the press service of the Ministry of Agricult...
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New investments were made to the capital of SOCAR Polymer Investments LLC. After the increase, the company's paid-in capital reached 138.4 million manats. In June 2015, AZN 101 million was cont...
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The Financial Markets Supervision Authority (FIMSA) has canceled licenses for several branches of VTB Bank (Azerbaijan) and Nikoil Bank, FIMSA said. The licenses of the Azadlyg and Sumgait bran...
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One can earn money without working for it sometimes. By completing just one transaction you get the chance from Unibank to win up to AZN 1,000. Every transaction done using your card or Unibank Mob...
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Commercial banks, having sharply reduced their lending, started buying up notes of the Central Bank and investing funds in the accounts in the deposits of the country's main bank. To date, CBA deposit...
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Preparations for the opening of trade missions of Azerbaijan in China and the United Arab Emirates will be completed in the next 2-3 months. Turan was told by Deputy Minister for Economy Sahil Bab...
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An agro park with a total cost of AZN 14 million is created in the Shabran region on the territory of 1,738 hectares. This is reported by the Ministry of Economy. The National Entrepreneurship...
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The bill on amendments to the law "On the Central Bank" was discussed at the meeting of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship. It agreed and submitted to the...








