The State Property Service has stakes in 90 public JSCs, of which 23 are still controlled by the State, the SPS said in its report. In the remaining 67 JSCs, the state owns between 30% and 45% of the shares, which are periodically put up for cash at half the nominal value of the shares, […]
“Corporate Governance Standards” to change in Azerbaijani banks
The next online meeting of the ”Expert Group on Legal Issues” under the Association of Banks of Azerbaijan (ABA) took place. According to the ABA, a new draft of “Corporate Governance Standards” was discussed at the meeting. It was decided to submit the document to the Central Bank of Azerbaijan Source: Turan News Agency
Azerbaijan removed 4 audit firms from market
The Chamber of Auditors (CA) has suspended activity of 4 audit organizations from 1 February 2023. According to the information distributed by the CA, they are “AZBA Audit and Business Services” Ltd, “Consulting Service of Baku”, “M.R. Consulting and Audit” and “RM Audit”. They were removed from the market for non-payment of the Chamber’s membership […]
Death toll in Novosibirsk gas blast rises to 13
One more dead body was pulled from the rubble following a household gas explosion in a five-storey apartment building in the Russian city of Novosibirsk on Friday, according to TASS. “The number of victims has risen to 13,” the source said. Earlier, the health ministry of the Novosibirsk Region confirmed that 12 people were killed […]
The weather on Saturday
On February 11, cold cloudy weather without precipitation will continue in Baku and Absheron, fog in places at night and in the morning, south wind. The air temperature at night will be -1 + 2, in the daytime + 3 + 6 degrees. In regions of the country, mostly without precipitation, except for mountainous regions. […]
Blogger Rashad Ramazanov complains about the pressure on the pre-trial detention center
The blogger Rashad Ramazanov, who is being held in the Baku pre-trial detention center-1, is being subjected to psychological pressure., his wife Kenul Ismayilova told Turan. According to her, the pressure was initiated by the staff of the pre-trial detention center-1, who set other prisoners on Rashad. “There is a system of extortions in the […]
“Aeroflot” launches flights to Ganja
On March 5, the Russian airline “Aeroflot” will perform flights to Ganja. Regular flights will be operated from Moscow once a week, on Sundays, by “Airbus” A320 aircraft. Ganja will become the second city of Azerbaijan to which “Aeroflot” will fly. The airline operates its own direct regular flights to Baku from Moscow and St. […]
Turkey postpones gas hub conference to March 21-22
Turkey has postponed an international conference to discuss the gas hub, tentatively on March 21-22, several sources familiar with the situation told Interfax. According to one of the interlocutors, the summit was postponed due to the earthquake that occurred in Turkey. The gas summit (Istanbul Gas Summit) with the participation of countries producing “blue fuel” […]