ADB approves technical aid grant of $750,000 in Azerbaijan

Approval of the Program of Modernizing Vocational Education & Training for Economic Diversification Sector Development in Azerbaijan is scheduled for the 1st half of 2023

A preferential loan granted to a furniture producer

A subsidized loan given for a ventilation pipe production project in Azerbaijan

Investments in fixed assets in Azerbaijan increased

Azerbaijan directed AZN 2.206 bn for fixed assets for Jan-Feb 2023 (60.1% more against Jan-Feb 2022)

Glass factory-related investment project prepared

A commission on privatization has been created

Vugar Bayramov: AZN 6.5 bn directed for occupation-liberated lands

Despite Armenia's provocations, restoration work continues in Karabakh and Eastern Zangezur. AZN 4.315 bn were directed for reconstruction in the territories liberated from occupation last year

Baku Stock Exchange’s turnover decreased

The total value of transactions on all financial instruments at the Baku Stock Exchange CJSC (BSE) amounted to AZN 2.2 bn for Jan-Feb 2023 (30.45% less versus Jan-Feb 2022).

The most investments per person made in Karabakh last year

There are districts and cities in Azerbaijan with the highest and lowest investments per capita in 2022.

Investments per capita amounted to 1,800 manats in 2022

AZN 18.27 bn were directed for fixed assets in Azerbaijan in 2022 (5.5% more against 2021).

ASCO new bonds put into circulation

The Opening Bell event has been held at the Baku Stock Exchange on the occasion of the launch of new bonds of Azerbaijan Caspian Shipping Company

Sales of bonds with yield of 6% a year to begin in Azerbaijan on 3 March

The subscription to the “ASCO bonds” issued by one of the largest companies in Azerbaijan, Azerbaijan Caspian Shipping Company (ASCO), was completed on 28 February.

A subsidized loan allocated for production of roofing coverings

AZN 3.9 bn invested in liberated territories

Among the liberated territories, Zangilan has become the most invested district.

The largest number of investments in liberated lands made in Zangilan

IDB is interested in participating in projects in liberated lands

The Islamic Development Bank considers participating in the projects underway in Azerbaijan.

The least investments in Azerbaijan made in these districts

The largest number of investments after Baku made in Nakhchivan

AZN 18.27 bn were invested in the country's economy in 2022.

Investments in Baku decreased, and in the districts increased

The volume of finances directed for fixed assets in certain districts/cities of Azerbaijan in 2022 has become known.

Azerbaijan and Uzbekistan establish joint investment fund

Azerbaijan and Uzbekistan have signed an intergovernmental agreement on the establishment of a $500 million joint investment fund.

Management of investment company Unicapital changes

Tair Garibov, General Manager of Unicapital Investment Company, has been relieved of his post and appointed Chief Administrator for Corporate Business at Unibank.

42,800 entrepreneurs in Azerbaijan received subsidized SIF loans

In 1992-2023, subsidized loans in the amount of AZN 2.8 bn were given to entrepreneurs in Azerbaijan through the Entrepreneurship Development Fund (SIF).