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Bir Partners with UnionPay, Strengthening Azerbaijan’s Global Payments Connectivity

... nounces a strategic partnership with UnionPay International, a subsidiary of China’s UnionPay. The partnership significantly expands acceptance of UnionPay cards across Azerbaijan, marking an imPortant milestone in strengthening the country's connectivity to the global payments ecosystem. Following the successful completion of the firs ...

Baku Stock Exchange and JET Group Ltd. Sign Agreement under the Listing Advisory Program

... y, it is envisaged that the bond issuance will be backed by a guarantee provided by a local bank. The Listing Advisory Program (LAP) provides companies with information and advisory services to supPort fundraising through the listing of shares or bonds on the stock exchange. The program aims to facilitate companies' access to capital markets ...

Central Bank and UK Chartered Insurance Institute move toward strategic partnership

... Director of the Central Bank, and Matthew Hill, chief executive of the CII, one of the world's leading professional bodies for insurance and financial services education. The two sides explored opPortunities to supPort the development of human capital in Azerbaijan's insurance industry and discussed plans to position the country as a region ...

State Committee on Urban Planning and Architecture Approves New Design Standards for Oil and Petroleum Product Storage Facilities

... reconstructed oil and petroleum product storage facilities. The document is aimed at ensuring the safe siting of oil and petroleum product storage facilities in relation to residential areas, transPort infrastructure and utility networks, while minimising their potential impact on the environment. Particular attention is given to fire and env ...

State Committee on Urban Planning and Architecture Approves New Parking Requirements for Buildings

... residential and non-residential buildings. The document establishes a unified regulatory approach to parking provision for residential, administrative, educational, healthcare, commercial, hotel, sPorts, cultural, industrial and other types of developments. Under the decision, apartment buildings must provide at least one parking space per dw ...

12 BSU Students Successfully Complete the IT SkillSprint Program

... Cybernetics. His project, "Grove," which addresses environmental challenges, received the Special Jury Award at the program's final hackathon. The program was implemented with the supPort of the Ministry of Digital Development and TransPort, the Ministry of Science and Education, the Innovation and Digital Development Agency, the S ...

Women in Architecture Competition Concludes with Professional Development Visit to London

... As part of its commitment to supPorting women and girls, the British Embassy in Baku, in partnership with Azerbaijan University of Architecture and Construction and the Azerbaijan State Academy of Fine Arts, and together with leading UK architecture firms Zaha Hadid Architects, Chapman Taylor and Scott Brownrigg, launched the Women in Architecture ...

Online business loans of up to 300,000 manats with no collateral and no bank visits!

... For small and medium-sized enterprises (SMEs), time is the most valuable capital. Specifically for business owners looking for financial supPort to expand their operations, but without the time for paperwork and bank visits, Yelo Bank has launched a new loan service processed entirely online and without collateral. Applying, business analysis, a ...

Bank Respublika Recognised by Euromoney as Azerbaijan's Best Bank for SMEs

... s that demonstrate outstanding performance, innovation and excellence in customer service. This prestigious award is an international recognition of Bank Respublika's consistent strategy to supPort micro, small and medium-sized enterprises (MSMEs), expand businesses' access to finance, develop innovative banking solutions and contribute ...

Bolt Azerbaijan's New General Manager, Ilkin Zeynalli: "International Education and Experience Are Essential Tools for Developing the Local Market"

... al background? I was born and raised in Sumgait. I completed my initial education in Azerbaijan before continuing my studies in Business Administration in Prague. Studying abroad was not only an imPortant academic experience for me, but also an opPortunity to represent Azerbaijan internationally. While in Prague, I was an active member of the ...

In 6 months of this year, 13.3 million tons of oil and 25.4 billion cubic meters of natural gas were produced

... and 0.3 million tons from the Absheron field. SOCAR's oil output amounted to 3,4 million tons (including condensate). During this period, 10.5 million tons of oil (including condensate) were exPorted. Of the total exPorts, 9.5 million tons accounted for consortiums, 0.7 million tons for SOCAR, and 0.3 million tons for JOCAP. It should be ...

Anar Guliyev Delivers Azerbaijan's National Statement at the UN General Assembly High-Level Meeting

... s opening remarks, Anar Guliyev highlighted that the 13th session of the World Urban Forum (WUF13), held in Baku in May this year, had provided new momentum to the global urban agenda and marked an imPortant milestone leading to the High-Level Meeting. "The journey that began in Quito gave us a shared vision. Baku brought new political mome ...

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