SOFAZ lost $878 million because of exchange rate fluctuations

Oil Fund faced losses in its annual investment portfolio

Investments in Azerbaijan's economy grew by 6%

Investments in fixed capital in Azerbaijan totaled AZN 18.27 bn (over $10.75 bn) in 2022 (a rise of 5.5% versus 2021).

Data on AIC investment portfolio published

Improvement of the efficiency of the Azerbaijan Investment Company OJSC (under the Ministry of Economy) is one of our goals.

A subsidized loan for AZN 2.6 million given to this company

Over AZN 41 million paid to pandemic-affected entrepreneurs

EBRD refused to give a loan to Azerbaijani company

The EBRD refused to give a loan for a project owned by Universal Pro LLC operating in the construction sector of Azerbaijan

Pakistani company is interested in projects in Azerbaijan

Pakistani company IBL can invest in industrial zones of Azerbaijan.

AIC invests AZN 20.5 million in 4 more projects

Large annual amount raised through government bonds

In 2022, the Ministry of Finance raised AZN 2.406 bn through the placement of government bonds.

Baku Stock Exchange turnover decreased

The total value of transactions concluded on all financial instruments at the Baku Stock Exchange amounted to AZN 14.947 bn in 2022.

Alibaba Group invests more than $1 bn in infrastructure in Turkiye

Alibaba Group intends to invest more than $1 bn in the construction of a logistics hub and data center in Istanbul and the suburbs of Ankara

Azerbaijan predicts growth of investments in fixed assets in coming years at 2.8%

The Government of Azerbaijan predicts annual real growth of investments in fixed assets in 2023-2026 at the level of 2.8%.

ASCO intends to issue bonds for another $50 million

Rauf Veliyev: Investors to be holders of bonds of a company that almost has no debts

Economy Minister: AqriBioEkoTex allocated subsidized loan for AZN 440,000

Minister: Subsidies for interests on loans for AZN 67.9 million given to entrepreneurs

Kredaqro to issue bonds - an auction to take place

An auction for placement of Kredaqro LLC bonds for AZN 500,000 will be held at the Baku Stock Exchange on 28 December.

Investments played important role in growth of economy - Vusal Gasimli

Investments have played an important role in the growth of the economy.

Finances directed for fixed assets have increased

The finances directed for fixed assets increased by 8.2% for Jan-Nov 2022 (versus the same period of 2021) up to AZN 13.5 bn

Investments in nonoil sector increased

The capital investments in the oil sector reached AZN 8.789 bn for the past 11 months