WB to allocate $150 bn for climate projects

The World Bank plans to allocate $150 billion to support climate projects over the next 10 years.

Nvidia shares rose in price by 2.84 %

Turkic Investment Fund established

CBA warns Baku Stock Exchange

This local company paid dividends to shareholders for 1.28 million manats

Saudi Arabia lowers investments in these projects

Another 546 million manats to be invested in Sumgait Chemical Industrial Park

To date, the residents have invested 5.5 billion manats in the Sumgait Chemical Industrial Park. More than 6,600 permanent jobs have been created

The best stock returns for October – LIST

The list of the best stocks by revenue for October 2024 has been compiled.

List of districts with the lowest and largest investments in Azerbaijan

Investments for totally 7.166 billion manats have been made in Baku this year.

Memorandum of Understanding signed between SOFAZ and an Arabian company

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has entered into a Memorandum of Understanding (MoU) with Hassana Investment Company to explore collaborative investment opportunities within the Kingdom of Saudi Arabia.

More than 250 jobs to be created in Aghdam as part of Turkish company's project

Turkish company Birlik Deri has received the status of a resident of the Aghdam Industrial Park, which is under the management of the Economic Zones Development Agency of Azerbaijan.

Investments in Neftchala Industrial Quarter exceed 46 million manats

List of economic regions of Azerbaijan with highest and lowest credit investments

As of October 1, 2024, banks' credit investments in the Azerbaijani economy amounted to 26.7 billion manats.

SOFAZ revenues from shares reach $6.4 billion

From the moment of its creation until September 30, 2024, the State Oil Fund of Azerbaijan (SOFAZ) received income from its portfolio of shares in the amount of $6.4 billion.

Due to this, residents saved nearly 490 million manats

To date, over 6.8 billion manats invested in industrial zones

To date, over 6.8 billion manats have been invested in industrial zones of Azerbaijan and more than 10,500 permanent jobs created

EDF has already allocated 24 million manats for projects in liberated lands

The Entrepreneurship Development Fund (EDF) has so far allocated preferential loans in the amount of up to 24 million manats to finance projects implemented in the liberated territories of Azerbaijan.

Number of jobs in Aghdam Industrial Park to increase up to 456

AIH and FiberHome Telecommunication Technologies sign Memorandum of Understanding

Creation of more than 8,400 new jobs is planned in industrial zones

In the next phase of existing projects in Azerbaijan, it is planned to invest more than 1 billion manats ($580 million) in industrial zones and create over 8,400 new jobs.

Over 118 million manats invested in Aghdam Industrial Park and Araz Valley Economic Zone

Entrepreneurs have invested more than 118 million manats in the Aghdam Industrial Park and the Araz Valley Economic Zone, and thanks to those investments, about 500 permanent jobs have been created.