Oval Useful news from Azerbaijan and Caucasus

Since July 1, Azerbaijan Deposit Insurance Fund has determined the upper limit of annual interest rate on protected deposits in national currency by 10% and in foreign currency – 2.5%, APA reports citing Azerbaijan Deposit Insurance Fund. According to the information, maximum interest rate on insured deposits up to July 1 is …

Memorandum of Understanding (MoU) was signed between Agency for Development of Small and Middle-sized Enterprises of Azerbaijan and Swiss Association for Small and Middle Entrepreneurs within 8th meeting of Joint Commission on Trade and Economical Cooperation between Azerbaijani government and Federal Council of Swiss Confederation in Bern, Switzerland, APA reports. The document …

Russian President Vladimir Putin said that Russia, India and China make a substantial contribution to forming indivisible security architecture on the continent, APA reports citing TASS. He was speaking at a meeting with Indian Prime Minister Narendra Modi and Chinese President Xi Jinping held on the sidelines of the G20 summit. “Russia, India …

The Chairman of the Azerbaijani Popular Front Party (APFP) Ali Karimli released, APA reports. Ali Karimli was released after being warned in Binagadi District Police Office. The Chairman of the Azerbaijani Popular Front Party (APFP) Ali Karimli was taken to Binagadi District Police Office, APA reports. Participating in the Solidarity Marathon at the headquarters of the Musavat Party, Karimli was …

The 10th Silk Road International Music Festival will take place in Shaki from June 29 to July 3. The festival is co-organized by the Azerbaijan Union of Composers, the Ministry of Culture and Shaki Executive Power. A press conference has been held ahead of the festival, Trend Life reported. “This year the Shaki Silk Road …

“Insurers will agree that current tariffs on insurance types do not meet today’s requirement”, said Ibrahim Alishov, Executive Chairman of Financial Market Supervisory Authority at the 9th International Insurance Forum on “Insurance market in Azerbaijan: trends and opportunities”, APA-Economics reports. According to him, we have already passed definite stage of the …

The flag-bearer group of the Azerbaijan Army is in on a visit to Minsk to participate in the military parade dedicated to the Independence Day of the Republic of Belarus to be held on July 3, the press-service of the Ministry told APA. Azerbaijani servicemen began training together with the parade …