innews media

Axtar

Mastercard Successfully Concludes Its First Customer Technical Conference in Baku

... On May 31, 2024, Mastercard successfully hosted its first Customer Technical Conference in Baku with the support of Yelo Bank and the Azerbaijan Bank Association, marking a significant milestone in the company’s ongoing commitment to technological innovation and customer service excellence. The event was held at Yelo Bank's head office. T ...

Innovate, Collaborate, Transform - Expectations for COP29

... On June 13, 2024, the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) initiated a series of events themed "Innovate, Collaborate, Transform - Expectations for COP29" to prepare for the forthcoming COP29 in Azerbaijan. The kickoff event, AHK Impuls on COP29, featured around 100 representatives from member companies and partners of ...

Kapital Bank Participates in Nakhchivan’s First “Career Fair”

... , a “Career Fair” was held, dedicated to the 100th anniversary of the autonomous republic. The event was organized by the Special Representative Office of the President of the Republic of Azerbaijan in the Nakhchivan Autonomous Republic, the Cabinet of Ministers of the Nakhchivan Autonomous Republic, and Nakhchivan State University. ...

Bahruz Bahramov was appointed as Deputy CEO of the State Oil Fund

... Bahruz Bahramov was appointed as Deputy CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) by Presidential Order No. 165 dated June 12, 2024. Bahruz Bahramov has served as an Adviser to CEO of SOFAZ since 2020. Prior to this role, he held several key positions within SOFAZ's Risk Management and Investment departments, including ...

AccessBank Expands Regional Presence: New Branch Opening in Goranboy

... AccessBank, one of Azerbaijan's leading financial institutions, announces the opening of a new regional branch in the north-western part of the country. The new Goranboy branch will be located at Goranboy city, A. Mekhtiyev Street 19. This is the 35-th regional branch opened by AccessBank this year, reflecting the bank's commitment to ex ...

AZANS, Aireon and Metron Aviation Collaborate for Advanced Digital Platforms in Civil Aviation

... “Azeraeronavigation” Air Traffic Department (AZANS) of Azerbaijan Airlines (AZAL) has signed an important agreement with Aireon to integrate Aireon Safety Dashboard and Aireon Locate platforms into its operations. The Safety Dashboard enables the analysis of flight safety indicators, facilitating enhanced optimization of aviation pro ...

The 5th meeting of the Intergovernmental Commission between Azerbaijan and the Hellenic Republic was held

... The Fifth Session of the Joint Commission on Economic, Industrial and Technological Cooperation between the Government of the Republic of Azerbaijan and the Government of the Hellenic Republic was held at the Ministry of Energy. It was noted that last year trade turnover amounted to 1.4 billion USD, and the Southern Gas Corridor played an import ...

Passenger turnover at Baku Airport in May 2024 increased by 36%

... airlines accounted for 55% of passenger turnover on international routes, with the national carrier accounting for the rest. In total, foreign airlines carried more than 314 thousand passengers, and Azerbaijan Airlines - 252 thousand passengers. During this period, about 60 thousand passengers were served in the direction of Nakhchivan. Signifi ...

Azerbaijan Airlines CJSC to enter CANSO GreenATM Environmental Accreditation Programme

... “Azeraeronavigation” Air Traffic Department (AZANS) of Azerbaijan Airlines (AZAL) CJSC has signed a Memorandum of Understanding indicating its intent to become a member of the esteemed CANSO GreenATM accreditation programme, which aims to enhance environmental responsibility across the aviation industry. The organisation will now pursue ...

Winners for final draw of Kapital Bank's cash loan lottery has been announced

... For detailed information about the final draw winners: https://kbl.az/prqf Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 120 branches and 53 departments all over the country. For more detailed information about the bank’s products and services, plea ...

UNHCR and AFFA Host Inclusive Mini-Football Tournament in Baku

... The Representation of the United Nations High Commissioner for Refugees (UNHCR) in Azerbaijan, in collaboration with the Association of Football Federations of Azerbaijan (AFFA), is organizing an inclusive mini-football tournament today, 11 June 2024, at Sportster Stadium within Olympics Stadium from 15:30 to 19:15. This unique event features six t ...

Daily crude oil production in Azerbaijan amounted to 76,000 tons in May

... In May 2024, daily oil production (including condensate) in Azerbaijan amounted to 76,775 tons, including 62,118 tons crude oil and 14,657 tons condensate. It should be noted that the agreement reached at the 36th Ministerial Meeting of OPEC plus countries on the production quota of Azerbaijan for 2024 is 551,000 barrels (74,259 tons) per day. ...

Top