Markets recover after escalation in Middle East

American stock exchanges are declining on Friday, October 4. Oil, having come close to the level of $78 per barrel, also began to lose its gained “weight".

Size of investments needed to quickly reduce carbon emissions in Azerbaijan published

The World Bank estimates that Azerbaijan will need investments of $40 billion to rapidly reduce carbon emissions by 2060.

Tensions in Middle East dampen investor enthusiasm

On Thursday, October 3, at 9:05 a.m., futures for American index S&P fell by 0.2% to 5,749 points. The US indices ended the previous day with an increase of 0.01-0.09%. Escalating tensions in the Middle East are dampening investor enthusiasm.

Azerbaijan and Saudi Arabia discuss investment and trade promotion issues

Entrepreneurs from GCC ready to invest in Alat FEZ

Entrepreneurs from Gulf Cooperation Council (GCC) member countries will operate in the Alat Free Economic Zone (AFEZ) of Azerbaijan.

GCC countries invested $4 bn in Azerbaijan

The Gulf Cooperation Council (GCC) countries have invested approx. $4 billion in Azerbaijan’s economy.

PASHA Bank plans to issue bonds

PASHA Bank is planning to issue bonds by the end of this year.

ABB shares also acquired by 48 international investors

Shares of the International Bank of Azerbaijan (ABB) were also acquired by 48 international investors.

84% of applications for ABB shares made through digital channels.

84% of applications for ABB (International Bank of Azerbaijan) shares were made through digital channels.

Will the Chinese invest in Alat Economic Zone?

A high-level delegation led by Shen Ying, executive vice chairman of the General Federation of Industry and Commerce, visited the Alat Free Economic Zone and met with Valeh Aleskerov, chairman of board of the zone's authorized body.

Azerbaijan invested $400 million in UAE economy in 6 months

Orkhan Mammadov: 4 American companies applied for investments in Karabakh

The liberation of the Karabakh region of Azerbaijan, which has been under the occupation of Armenia for almost 30 years, not only became a significant event for our country, but also gave an impetus to attracting investments

Over 35 million manats invested in Aghdam Industrial Park

More than 35 million manats have been invested in the Aghdam Industrial Park, and more than 400 permanent jobs created, ABC.AZ reports, quoting Elchin Kazimov, the press secretary of the Economic Zones Development Agency.

Baku to host an investment forum on energy transition

On November 15-16, 2024, the first investment forum on energy transition in Central Asia will be held in Baku within the framework of COP29.

Average annual growth of investments in fixed assets is projected at 3%

In the medium-term prospect, Azerbaijan is projected to see a 3% annual growth in fixed capital investments.

State Budget subsidies for NAR reduced

The subsidies allocated to the Nakhchivan Autonomous Republic (NAR) in the first half of 2024 from the State Budget of Azerbaijan amounted to 150.1 million manats

Many foreign companies sharply reduce investments in China

Many large American, European and Japanese companies are actively reducing their investments in China or limiting new projects

Portfolio investments of enterprises and organizations in Azerbaijan reaches $610 million

Over Jan-Jun 2024, portfolio investments of Azerbaijani departments, enterprises and organizations amounted to $610 million.

These companies earned $491 million in the securities market

Investments in NAR economy lowered by 17%

Azerbaijan and EBRD discuss projects within cooperation

Economy Minister Mikayil Jabbarov held a meeting with EBRD new executive director for Türkiye & the South Caucasus, Elizabeth Falchetti, and wished her success in her work, ABC.AZ reports, referring to the Ministry of Economy.