Mikail Jabbarov: 69.7% of subsidized loans account for districts

69.7% of subsidized loans given by the Entrepreneurship Development Fund of the Ministry of Economy in 2022 accounted for districts of Azerbaijan.

In 2022, AZN 14.6 million invested in privatized enterprises

In 2022, AZN 14.6 million were invested in enterprises privatized through investment tenders, and AZN 8.56 million transferred to the State Budget as lump-sum payment.

AIC has invested $1 million in an Israeli startup

The Azerbaijan Investment Company (AIC), within the framework of cooperation with OurCrowd, invested $1 million in a technology startup for the first time in its activity.

Investments in fixed assets of Azerbaijan increased by 61.2%

Finances for AZN 1.09 bn were directed for the fixed capital in Azerbaijan this January (61.2% more against January 2022.

Azerbaijani banks’ investments in securities reach a record level

Azerbaijani banks’ investments in securities have reached a record level of AZN 8.4 bn, or about $5 bn at the current exchange rate.

List of banks investing most of all in securities in Azerbaijan

In addition to CBA’s notes, Azerbaijani banks invest in government bonds of the Ministry of Finance

AIH companies’ revenues sharply increased

The revenues of state-owned companies transferred to the management of the Azerbaijani Investment Holding have increased sharply over the past 2 years

WB allocates $1.78 bn for assistance to Turkiye

Foreigners investing in securities in Azerbaijan to receive temporary residence permit

In Azerbaijan, foreigners and stateless persons will be granted temporary residence permit in the presence of government securities in the amount of AZN 100,000.

BSE turnover increased by 29%

The total value of transactions on all financial instruments at the Baku Stock Exchange CJSC amounted to AZN 1.47 bn in January 2023

One more company to enter the stock market

Grovv Audit & Consulting LLC is entering the stock market as closed joint stock company.

Italian companies interested in investing in liberated territories of Azerbaijan

EIB to allocate €100 million to SMEs in South Caucasus region

Entrepreneurship Fund gave a subsidized loan for AZN 100,000

EBRD invested 86 million euro in Azerbaijan in 2022

The EBRD invested 86 million euro in 9 projects in Azerbaijan in 2022

AIC sets up a corporation jointly with Star Mining

Azerbaijan Investment Company (under the Azerbaijani Ministry of Economy) has founded company Shahbulaq Mining together with StarMining.

ADB carries out first issue of bonds in Azerbaijani manats

The Asian Development Bank has raised almost AZN 8.4 million (around $4.9 million) in its first bond issue denominated in this Central Asian currency.

Azerbaijan is an attractive country for foreign direct investments

Azerbaijan is the initiator of the East-West and North-South corridors and one of the main transport and logistics hubs.

Ilham Aliyev met with EBRD First Vice President in Davos

President Ilham Aliyev has met with EBRD First Vice President Jürgen Rigterink in Davos

Over AZN 18 bn directed for fixed assets in 2022

SOFAZ lost $878 million because of exchange rate fluctuations