State Committee For Securities (Azerbaijan)
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State Committee For Securities (Azerbaijan)
, nativename_a = , nativename_r = , logo = , logo_width = , logo_caption = , seal = Coat of arms of Azerbaijan.svg , seal_width = 120px , seal_caption = Coat of Arms of Azerbaijan , formed = November 19, 2008 , date1 = , date1_name = , date2 = , date2_name = , preceding1 = , preceding2 = , dissolved = , superseding = , jurisdiction = , headquarters = 19 Bulbul Avenue, Baku, Azerbaijan Republic 1000 , latd = , latm = , lats = , latNS = , longd = , longm = , longs = , longEW = , employees = , budget = , chief1_name = Rufat Aslanli , chief1_position = Chairman of State Committee for Securities , chief2_name = , chief2_position = , parent_agency = , child1_agency = The National Depository Center of Azerbaijan Republic , child2_agency = , website ...
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Baku
Baku (, ; az, Bakı ) is the capital and largest city of Azerbaijan, as well as the largest city on the Caspian Sea and of the Caucasus region. Baku is located below sea level, which makes it the lowest lying national capital in the world and also the largest city in the world located below sea level. Baku lies on the southern shore of the Absheron Peninsula, alongside the Bay of Baku. Baku's urban population was estimated at two million people as of 2009. Baku is the primate city of Azerbaijan—it is the sole metropolis in the country, and about 25% of all inhabitants of the country live in Baku's metropolitan area. Baku is divided into twelve administrative raions and 48 townships. Among these are the townships on the islands of the Baku Archipelago, and the town of Oil Rocks built on stilts in the Caspian Sea, away from Baku. The Inner City of Baku, along with the Shirvanshah's Palace and Maiden Tower, were inscribed as a UNESCO World Heritage Site in 2000. The c ...
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Murtuza Mukhtarov
Murtuza Mukhtarov ( az, Murtuza Muxtarov) (1857 – 1920) was an Azerbaijani oil industrialist and millionaire who built the Mukhtarov Palace in Baku and the Mukhtarov Mosque in Vladikavkaz. Mukhtarov was born into a poor family in a village of Amirajan near Baku. Mukhtarov managed to become one of the most reputable drilling experts in Baku through his ability and many years of experience. He set up his own drilling company in 1890 and then diversified into oil production. The company specialized in manufacturing machinery for derricks and in drilling oil wells. He was the author of several patents on drilling equipment - unique feat amongst oil industrialists of the time. Business and enterprising millionaire built for himself magnificent mansion, which is now Wedding Palace in Baku. Another interesting fact from his life: with his wife they funded young singer Fatma Mukhtarova who would later go on to become a star of the Baku opera stage. Mukhtarov sponsored school ...
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Government Agencies Of Azerbaijan
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ...
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Economy Of Azerbaijan
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ...
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Istanbul Stock Exchange
The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İAB) and the Derivatives Exchange of Turkey ( tr, Vadeli İşlem Opsiyon Borsası, VOB) under one umbrella. It was established as an incorporated company with a founding capital of 423,234,000 (approx. US$240 million) on April 3, 2013, and began to operate on April 5, 2013. Its slogan is ''worth investing''. Shareholders of Borsa İstanbul are: 49% Government of Turkey, 41% IMKB, 5% VOB, 4% IMKB members, 1% IMKB brokers and 0.3% IAB members. It is planned that all the Government-owned shares will be offered for sale. Among the executives of the nine-member board of directors, which is presided by chairman Himmet Karadağ, are former deputy chairman of ISE Osman Akyüz, former head of VOB Işınsu Kestelli, Merrill Lynch Investment Bank G ...
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Baku Stock Exchange
The Baku Stock Exchange (BSE) ( az, Bakı Fond Birjası) is the main stock exchange in Azerbaijan. BSE is organized in the form of a closed joint stock company with 19 shareholders. Activity Baku Stock Exchange trades short-term treasury bonds, common stocks (primarily from former state-owned enterprises that have been privatized, including food and beverage, construction, and banking companies), and foreign currency futures. BSE carries out trading corporate securities. Trading, on primary and secondary markets of government securities (T-bills of the Ministry of Finance of Azerbaijan and banknotes of the Central Bank of Azerbaijan) are carried out solely at BSE. The state regulatory authority for the stock exchange and the Azerbaijani securities market is thFinancial Markets Supervisor Authority BSE's activity is regulated by the following legislative acts and documents: * The Civil Code of Azerbaijan * The normative-legal acts of thState Committee for Securities of Azer ...
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Presidential Administration Of Azerbaijan
The Office of the President of Azerbaijan ( az, Azərbaycan Respublikası Prezidentinin Administrasiyası) is the executive administration of President of Azerbaijan. The office is in charge of fulfilling the constitutional responsibilities of the President. The headquarters of office is located on Istiglaliyyat Street of the capital city, Baku. History The Office of the President of Azerbaijan was established on 18 May 1990. The administration is located in a twelve-story building with surface made of marble and granite. The construction of the building, initiated by the First Secretary of Communist Party of Azerbaijan SSR Heydar Aliyev and supervised by project manager Fuad Orujov and architects Tahir Allahverdiyev and Madat Khalafov, was started in 1978 and completed in 1986. It was then occupied by the Central Committee of the Communist Party of Azerbaijan. After 18 May 1990, the building was assigned to the President of Azerbaijan and his administration and it was renamed the ...
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President Of Azerbaijan
The president of the Republic of Azerbaijan is the head of state of Azerbaijan. The Constitution states that the president is the embodiment of executive power, commander-in-chief, "representative of Azerbaijan in home and foreign policies", and "shall have the right of immunity rom prosecution" The president rules through his executive office, the Presidential Administration, consisting of a group of secretaries and departmental ministers. Additionally, there is a Cabinet of Ministers regarding economic and social policy and a Security Council regarding foreign, military, and judicial matters. The primary workplace is the presidential building (also known as the presidential apparatus) on Istiglaliyyat Street in Baku. Ilham Aliyev, son of the former president, Heydar, was elected the 4th and current president on 31 October 2003 after his father's resignation due to his deteriorating health and eventually died several months later. Selection process and term Eligibility Can ...
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Azerbaijan
Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia (Republic of Dagestan) to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The Azerbaijan Democratic Republic proclaimed its independence from the Transcaucasian Democratic Federative Republic in 1918 and became the first secular democratic Muslim-majority state. In 1920, the country was incorporated into the Soviet Union as the Azerbaijan SSR. The modern Republic of Azerbaijan proclaimed its independence on 30 August 1991, shortly before the dissolution of the Soviet Union in the same year. In September 1991, the ethnic Armenian majority of the Nagorno-Karabakh region formed the ...
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Musa Naghiyev
Agha Musa Naghiyev ( az, Ağa Musa Nağıyev) (1849-1919) was an Azerbaijani industrial oil magnate in late 19th - early 20th century. He was also an adherent of the Baháʼí Faith and served on the Spiritual Assembly of the Baháʼís of Baku. Life and career He was born into a very poor family near Baku and started working as a cargo carrier (''hambal''), but thanks to his natural wit and business abilities, he progressed to accumulate a vast amount of wealth. Musa Naghiyev was one of the richest oil industrialists in Baku, next to Nobel brothers. His assets were worth 300 million rubles. Later, he began investing in real estate so as to guarantee himself a source of regular income and became the largest rental property owner in Baku owning more than 200 buildings. He was considered in Azerbaijan as one of the most stingy, tight-fisted millionaires. However, despite such claims, it was Agha Musa Naghiyev who built one of the most wonderful palaces in the entire city and ...
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Azerbaijan Republic
Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia (Republic of Dagestan) to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The Azerbaijan Democratic Republic proclaimed its independence from the Transcaucasian Democratic Federative Republic in 1918 and became the first secular democratic Muslim-majority state. In 1920, the country was incorporated into the Soviet Union as the Azerbaijan SSR. The modern Republic of Azerbaijan proclaimed its independence on 30 August 1991, shortly before the dissolution of the Soviet Union in the same year. In September 1991, the ethnic Armenian majority of the Nagorno-Karabakh region formed the se ...
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Shamsi Asadullayev
Shamsi Asadullayev ( az, Şəmsi Əsədullayev; 1840 – 1913) was an Azerbaijani oil baron and philanthropist. He was the first businessman to use barges as transportation means to export oil out of Baku. Early years Asadullayev was born in Amirjan village of Baku in 1840. At his early ages, he helped his father in farming business. In the mid 19th century when the oil business started booming, vast territories around Amirjan and Surakhani, on which farmers worked, were bought by Russian businessmen Vasily Kokorev and Peter Gubonin with the purpose of building oil refineries. Remaining with no arable land, many farmers were forced to find work in the oil businesses. Shamsi Asadullayev started working at the refinery. In 1860, he was promoted to Deputy Director to Kokorev. Some time later, he became the subcontractor for oil and salt producers. In 1875, after earning sizable income, he opened a kerosene plant. In 1890, Asadullayev co-founded an oil company with several other pr ...
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