Jabbarov: Entrepreneurship Fund gave concessional loans for AZN 90 million this year

Since the beginning of this year, the Entrepreneurship Development Fund has given concessional loans for AZN 90.2 million to 1,963 entrepreneurs, including for AZN 62.8 million on 1,953 small and medium-scale projects.

Game studio received investment of $200,000

PolyDream game studio operating in Azerbaijan received investments in the amount of $200,000 with an estimate of $4 million.

A plant to be built in the Caspian Sea

A desalination plant will be created in the Caspian Sea.

Unicapital paid AZN 800,000 of dividends to shareholders

Unicapital Investment Company paid dividends for AZN 800,000 to the shareholders

AzeSteelCompany bonds are listed at Baku Stock Exchange

AzeSteelCompany’s bonds for totally AZN 1.5 million were  included in the listing in the standard market segment on 4 October 2022 in accord with the BSE Listing Committee’s decision.

Baku Stock Exchange reports decline on transactions more than by AZN 3 bn

The securities transactions at the Baku Stock Exchange were conducted for AZN 9.146 bn in the period from 1 January to 30 September 2022

Azerbaijan's obligations to WB amount to $400 million

Azerbaijan's obligations to the World Bank currently amount to $400 million, ABC.AZ reports, quoting WB representative Zaur Rzayev at a training organized for journalists at the Central Bank.

What is Azerbaijan's stake in WB shares

Azerbaijan's equity stake in the shares of the World Bank is 0.13%, ABC.AZ reports, citing WB representative Zaur Rzayev at a training for journalists at the Central Bank.

Finca Azerbaijan bonds listed on Baku Stock Exchange

By the decision of the Listing Committee of the Baku Stock Exchange, bonds of Finca Azerbaijan LLC with a total value of AZN 3 million were included in the standard market segment.

Over past 8 months, credit investments in this sector decreased

Compared with 2021, over Jan-Aug 2022, the loans given to the trade and services sector increased by AZN 139.3 million to AZN 3.13 bn.

ADB to spend huge sums to mitigate food crisis

Azerbaijani entrepreneurs’ capital in Turkey grows

Turkey registered 214 companies with Azerbaijani capital for the past 8 months (by 61 companies more versus Jan-Aug 2021), ABC.AZ was informed at the Turkish Chamber of Commerce & Industry (TOBB).

Economy Minister: Entrepreneurship Fund’s guarantees given for AZN 292 million

From June 2020 to 1 September 2022, the Entrepreneurship Development Fund under the Ministry of Economy gave guarantees for AZN 291.8 million within the state support for lending and subsidizing loans in Azerbaijan.

Funds directed for fixed capital in nonoil-gas sector grew by 22.5%

The finances directed for the fixed capital in the nonoil-gas sector increased by 22.5% for Jan-Aug 2022 (compared with the same term of 2021).

Economy Minister: Interest subsidy of AZN 69.4 million to be provided on 5,023 applications

FINCA Azerbaijan prepares to place bonds

Non-bank credit organization FINCA Azerbaijan LLC is preparing to place bonds on the Baku Stock Exchange.

Russian stock market falls after announcement of mobilization

The Russian stock market immediately fell by 10%.

Foreign direct investments increased for first 6 months

Foreign direct investments in the Azerbaijani economy for Jan-Jun 2022 amounted to $3.2 bn.

Costs on restoration of liberated lands is projected at AZN 3 bn in 2023

WB rep: In case of reforms income per capita to be $15,000

Ayhan Kose: Economic growth in Azerbaijan may accelerate in October