The importance of holding an oil and gas exhibition in Azerbaijan, the threat to medium and small businesses, the likelihood of the closure of five more banks, and the reasons for the restructuring of the International Bank of Azerbaijan (IBA) are the leading topics of today's press.
The Azerbaijan writes about the regular oil and gas exhibition and its significance for Azerbaijan. The author goes into the history of the issue of holding this exhibition, noting that the beginning was laid by Heydar Aliyev. Today the exhibition opens at the 24th time and about 400 representatives from 30 countries will take part in it.
The Echo published an article titled Threat to Small and Medium Business in Azerbaijan.
Azerbaijan lacks foreign currency, and the economy cannot develop without cash in foreign currency, because the country is still import dependent. If this trend continues, then a serious threat will hang over small and medium-sized businesses. The market requires cash for circulation, especially the US currency.
The Novoye Vremya published an article on preparations for the closure of five more banks. Now only banks that have foreign capital are afloat and live at the expense of injections from outside and from state banks. All the others have to leave the market.
Five banks with capital problems are under special control, and they must solve this problem until the middle of the year. -0--
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Aiming to provide the best digital experience for its customers “Azercell Telecom” LLC enhancing the technological capabilities of its mobile app. Now, Azercell subscribers can easily discover and take advantage of personalized offers directly within the app.
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In 2017, the Sumgayit City Court ruled to evict the Aliyev family—refugees from Gubadli (Akper, Sarvinaz, Ramil, and two other family members)—from an illegally occupied apartment in the 12th microdistrict, Building 7A, Apartment 35. The court ordered the property be returned to its rightful owner, Samaya Aliyeva. However, the Ministry of Justice intervened, citing a presidential decree from July 1, 2004, which approved a state program for improving the living and working conditions of refugees. Under this directive, refugees without alternative housing cannot be evicted until they are provided with a replacement residence by the Executive Authority.
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On January 10, the weather in Baku and the Absheron Peninsula will be cloudy, with no precipitation. A moderate southeast wind is expected. At night, temperatures will range from +5°C to +8°C, and during the day, from +9°C to +14°C. Humidity will be 80-85% at night, and 65-70% during the day.
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On Thursday morning, the demolition of the popular Shusha restaurant in the Nasimi district of the capital continued.
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