Day: May 12, 2023

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May 12, 2023 No Responses

West Ham, Basel win in UEFA Conference League semifinal first legs

Basel beat Fiorentina and West Ham United defeated AZ Alkmaar both 2-1 in UEFA Europa Conference League semifinal first leg matches Thursday, according to Anadolu Agency. Brazilian forward Arthur Cabral brought the lead to Fiorentina in the 25th minut...
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May 12, 2023 No Responses

Oil prices fall in world markets

The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.32 to trade at $74.66, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decr...
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May 12, 2023 No Responses

TotalEnergies company keen on partnership with Azerbaijan

Azerbaijan's Minister of Economy Mikayil Jabbarov has met with President of Exploration and Production of TotalEnergies Nicolas Terraz. The discussions were mainly concerned with successful cooperation between SOCAR and Total Energy. The meeting also ...
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May 12, 2023 No Responses

Entrepreneur Asyl Talipova detained in Bishkek

Well-known in Kyrgyzstan businesswoman Asyl Talipova was detained in Bishkek. Own sources in law enforcement agencies informed 24.kg news agency.She was detained by employees of the State Committee for National Security.«Asyl Talipova was charged unde...
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May 12, 2023 No Responses

“Azerishiq”s profit before tax deduction rose by 3.4 times

In 2022, "Azerishiq" OJSC as the electricity distribution monopoly of Azerbaijan, earned 64 million manats of profit before tax deduction, which is up by 3.4 times from the previous year, the audited financial report says https://www.azerishiq.az/uplo...
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May 12, 2023 No Responses

All municipalities have opportunity to gain income for management of their own lands, except for Baku lands

Last year, a share of proceeds from the sale and rent of land accounted for 35.2% (16,647.900 manats) of income of over 1,600 local self-government bodies of Azerbaijan, the State Statistics Committee reports.In turn, the State Property Service has di...
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May 12, 2023 No Responses

SOCAR Türkiye achieved record economic growth in 2022 – acting general director

SOCAR Türkiye achieved record economic growth in 2022, the company’s Acting Director General Elchin Ibadov said at a press conference, Trend reports.According to Ibadov, profit of Petkim company [SOCAR Türkiye owns 51-percent share] grew by 70 percent...
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May 12, 2023 No Responses

Azerbaijan’s economy not yet approaching stagnation

Azerbaijan's gross domestic product in real prices rose by 0.1% in the first four months of this year, the State Statistics Committee said. Economists are not in a hurry to describe the trend as stagnation.According to official data, in the past perio...
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May 12, 2023 No Responses

FINCA Azerbaijan reports 80% increase in Q1’s net income

FINCA Azerbaijan, the top non-banking microlender in the country, ended the first quarter of 2023 with an 80% increase in net income as compared to the same period for the previous year. The first quarter performance statistics also showed 55m AZN of ...
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