65 billion tenge will be allocated additionally for the repair of motor roads in Atyrau region, according to President Kassym-Jomart Tokayev, who said it at the meeting with the population of Atyrau region. “There are more than 2,000 kilometers of roads in the region. However, half of them are in a poor condition. I commission…Details
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Azerbaijan Airlines CJSC (AZAL) intends to postpone the timing of delivery of Boeing 737 MAX-8 aircraft till 2024. The negotiations are underway with Boeing Corporation regarding the supply of Boeing 737 MAX-8 aircraft. According to the contract signed in 2017, the aircraft were to be supplied this year, the company said. According to the contract,…Details
Ukraine’s national budget fell short of UAH 8.545 billion, or $319 million, in revenue from January to May. In the first five months, budget revenue totaled UAH 426.684 billion, or $15.95 billion, down by 2% from the planned indicator. At the same time, budget revenue was 15%, or UAH 56.954 billion ($2.12 billion) up on…Details
Ukrainian Infrastructure Minister Volodymyr Omelyan announced that the number of flights on domestic air routes increased. “Finally, we see an increase in flights not only on international but on domestic air routes also. Starting from today, SkyUp Airlines launches cheap regular flights Kyiv-Odesa and Kharkiv-Odesa. And starting from tomorrow, the Motor-Sich airline launches Kyiv-Uzhgorod flights…Details
At a meeting with the public in Taraz on June 3, Head of State Kassym-Jomart Tokayev said that the government was drafting new amendments to the Tax Code. “The government is now drafting a package of amendments to the Tax Code. As per these amendments, the new enterprises will be issued investment tax credits for…Details
Oil prices this year are expected to reach $65, Director of Fitch Ratings Sovereign Group in Europe Marina Stefani declared. She said that next year oil prices would be at $62.5. The expert also noted that gas production in Azerbaijan would grow due to the production from the second stage of Shah Deniz field’s development.…Details
Estonian bank LHV is set to acquire Danske Bank’s private customer loan portfolio, for around EUR 410 million. In February, Danske was ordered to close its doors by the Finanical Supervisory Authority (FSA), ending months of speculation following revelations that as much as EUR 200 billion in potentially illicit funds had passed through the bank…Details