SOCAR increases oil production

In 2021, the State Oil Company of Azerbaijan produced 7.9 million tons of oil and 7.9 bn cu m of gas from fields operated independently or as the main shareholder

SOCAR gas exports grew by 40%

Voluntary motor vehicle insurance has grown

The Central Bank has published the insurance figures of last year.

Mikail Jabbarov: Forecast on compulsory medical insurance exceeded

In 2021, income from unemployment insurance increased by 10.4% up to AZN 135 million, the forecast was fulfilled at the level of 112.2%.

Period of suspension of inspection of entrepreneurs extended

Azerbaijan has extended the period of suspension of inspection in the field of entrepreneurship.

Medical insurance premiums increased in Azerbaijan

The data on the premiums on voluntary medical insurance collected last year by insurers operating in Azerbaijan has been published

Expert: Country’s income increases when oil prices rise

“When oil prices rise, our country’s earnings increase. That is, State's revenues are high – the manat is stable. If there is demand for manat, the State can additionally use reserves and maintain it in stable condition."

Characteristics of new smartphone iPhone SE presented

Apple’s new smartphone of iPhone SE series will get a 4.7-inch screen

Sand and gravel deposits put into operation by these companies

The State Agency for the Use of Mineral Resources continues to organize auctions for the commissioning of mineral deposits

Ateshgah insurance company’s deputy chair leaves his post

Fuad Ismayilov, deputy chairman of board at insurance company Ateshgah, has left his post.

Azerbaijan's insurance market has grown

In 2021, insurance premiums in the amount of AZN 843.897 million (15.8% more than in 2020) were gathered through 20 insurance companies in Azerbaijan

Baku high-voltage overhead transmission lines is transferred into ground

Salary of Heydar Aliyev Center’s personnel increased

Prime Minister Ali Asadov has signed a decree defining an increase in wages for employees of some organizations.

PM makes a decision on wages of of kindergarten teachers

Monthly official salaries of employees of the Baku City Department of Preschool Educational Institutions & Orphanages have been fixed.

Amount of fixed capital finances allocated to communications sector announced

It became known for which areas the fixed asset finances were allocated last year.