Russia and Azerbaijan don’t discuss Crimea issue|
Baku, Fineko/abc.az. Russia and Azerbaijan don’t discuss transfer of Crimea under jurisdiction of the RF, considered to be an annexation by some people and reunification by others.
Corporate investments break away from budget investments amid slowdown of investment rate in Azerbaijan|
Baku, Fineko/abc.az. In August investments into Azerbaijani economy fell by 5.5% against July.
AtaBank installed payment terminals in a number of its offices|
Baku, Fineko/abc.az. For improvement of customer service quality AtaBank OJSC installed MilliÖN payment terminals in a number of its branches and sub-branches
Azerbaijan’s insurance market will grow only by 6-9% in 2014|
Baku, Fineko/abc.az. In 2014 Azerbaijan’s insurance market lost its former double-digit growth.
Russia and Azerbaijan fully coordinated the Agreement on promotion and protection of investments and are ready to sign it|
Baku, Fineko/abc.az. Russia and Azerbaijan have fully coordinated the Agreement on promotion and protection of investments.
For Jan-Aug Azerbaijan’s foreign trade turnover fell by 9.2% year-on-year and customs duties soared up to 17.8% of import|
Baku, Fineko/abc.az. Over Jan-Aug 2014 the country’s foreign trade turnover totaled $20.964 bn (-9.19% versus the 2013 same term) against $34.687 bn for 2013 (+3.35%), $33.56 bn in 2012 and $54.919 bn in 2008.
Russia agreed to fully open its market for Azerbaijani agricultural production|
Baku, Fineko/abc.az. Russia has agreed to fully open its market for Azerbaijani agricultural production.
Azerbaijan reduced precious metals production by 4.5%|
Baku, Fineko/abc.az. Azerbaijan, which started industrial production of gold in July 2009 and publication of accompanying silver production in 2010, increased production of gold
Record volume of Parabank shares to be on free sale at BSE starting from September 21|
Baku, Fineko/abc.az. Record volume of Parabank OJSC shares will be placed for free sale at Baku Stock Exchange.
Azerbaijan’s gas extraction reached its record level in August|
Baku, Fineko/abc.az. In August 2014 Azerbaijan’s gas production soared up 5.7-fold against July.
Azercosmos concluded a new agreement on Turkish channels broadcasting|
Baku, Fineko/abc.az. Azerbaijani satellite Azerspace-1 will broadcast some additional Turkish channels.
Azerbaijan’s oil production falls by 2.3% year-on-year but reaches its peak in August|
Baku, Fineko/abc.az. In August oil production in Azerbaijan increased by 1.26% compared to July and reached its peak in 2014. Crude oil production by all producers in Azerbaijan totaled 213.911 million barrels
TuranBank raised $5 million from IIV Mikrofinanzfonds|
Baku, Fineko/abc.az. TuranBank OJSC and German Investment Fund IIV Mikrofinanzfonds, specialized in microfinancing (with mediation of the Frankfurt School of Financial Services
In August Azerbaijan’s industrial production fell by 3.8%|
Baku, Fineko/abc.az. Azerbaijan’s industrial production fell by 3.8% in August compared to July 2014.
Azerbaijani political analyst: it’s better for Azerbaijan not to participate in coalition against the “Islamic State”|
Baku, Fineko/abc.az. Azerbaijani politologists consider it undesirable for Azerbaijan to participate in the coalition created by US for struggle against “Islamic State of Iraq and Levant” group.
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