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2022: The MILESTONE YEAR

Jetex Annual Review Dubai, United Arab Emirates, Dec. 29, 2022 (GLOBE NEWSWIRE) — The business aviation industry is currently going through the biggest transition in history, accelerated by the digitalisation, accessibility, and the exceptional travel conveniences that it offers against the backdrop of a gradual recovery from the health crisis. In many ways, it reflects […]

Industry

Azerbaijani banks’ liabilities grew by 31%

As of the end of November 2022, Azerbaijani banks had liabilities worth AZN 39.970.3 million.   According to the banking survey published by the Central Bank of Azerbaijan, it was up by 1.9% from the end of October.   Note that banks’ liabilities grew by 19.3% year-on-year and by 30.5% over the past year   […]

Industry

State-owned company may receive $100 million loan from European Bank

State-owned company “Azerbaijan Caspian Shipping Company” (ACSO) may receive a loan of $100 million from the European Bank for Reconstruction and Development (EBRD).   This was announced by Rauf Veliyev, chairman of the joint stock company.   According to him, if the credit is granted, these funds will be used to upgrade the fleet of […]