Assets under management by BlackRock exceed $11 trillion

American investment company BlackRock Inc., the world's largest in terms of assets under management, increased its net profit in the 3rd quarter by 2% and revenue by 15%.

Qatar invests $20 billion in Kazakhstan

Qatari investments in the amount of $20 billion will be directed for joint projects in Kazakhstan.

Agreement signed on joint participation in creation of InMerge venture fund

Georgia may provide 10-year tax benefits for Azerbaijani startups

Georgia can provide 10-year tax benefits for Azerbaijani startups.

Xalq Kapital’s turnover has sharply decreased

Over Jan-Sept 2024, turnover of operations of investment company Xalq Kapital amounted to 279.3 million manats.

Turnover of investment company declined by 25%

Over Jan-Sept 2024, turnover of operations of investment company CPM-Invest CJSC totaled 2.48 billion manats.

Index of investor confidence in eurozone grows

The eurozone investor confidence index rose for the first time since the recession in the last three months.

Remote securities trading to begin in Azerbaijan

More than 60 million manats to be invested in Araz Valley economic zone

Three new enterprises that laid the foundation in industrial park Araz Valley Economic Zone are planning to invest a total of more than 60 million manats and create more than 950 permanent jobs at the initial stage.

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