IMF allocates $650 bn for restoration of global economy

The International Monetary Fund has approved the allocation of additional reserve assets of the organization in the amount of $650 bn to help restore the global economy affected by the consequences of the pandemic

Azerbaijan’s investment company signs a contract with an Israeli company

Azerbaijan Investment Company, owned by the Ministry of Economy, signed the Memorandum of Understanding with Israeli company OurCrowd

Facebook’s shares fell in price

The shares of Facebook, the owner of the social network of the same name, fell by 3.66% today during the initial trading session on the New York Stock Exchange to $359.6 per share

Georgia's debt to Azerbaijan has reduced

As of 1 July 2021 the state debt of Georgia to Azerbaijan amounted to $4.85 million

Asian Infrastructure Investment Bank to give a loan to Azerbaijan

List of states that invested in fixed capital of Azerbaijan

In the 1st half of this year foreign companies and organizations directed AZN 2.309 bn for the fixed capital of Azerbaijan

Investments in Chinese economy grow

The share of foreign investors and private capital in the Chinese economy and the assets of this country are steadily growing

Baku Stock Exchange achieved growth on these indicators

The total turnover of exchange transactions on all instruments (except derivatives) at the Baku Stock Exchange for Jan-Jun 2021 amounted to AZN 8.3 bn

ADB approved allocation of a $250 million loan to Azerbaijan

This company to pay dividends to state first time

According to the preliminary results of the final financial audit, AzerGold will pay dividends for the first time to the State, which is its shareholder

To date, EBRD has invested over 3 bn euro in economy of Azerbaijan

Economy Minister Mikail Jabbarov met with First Vice-President of the European Bank for Reconstruction & Development (EBRD) Jurgen Rigterink and his colleagues.

Facebook’s shares increased in price –more than by 4%

Facebook’s shares have grown in cost

After Russian government’s decision, billionaires lost their fortune

Severstal, NLMK and Norilsk Nickel fell in cost by a total of 332 bn rubles in half an hour after the government announced its decision to introduce export duties on ferrous and non-ferrous metals

WB to allocate a loan of $95 million to Azerbaijan

The World Bank plans to approve a $95 million loan for Azerbaijan in the next 2-3 months to fight the COVID-19 coronavirus pandemic

KOBIA-run company’s authorized capital reduced

The authorized capital of the company, owned by the Agency for the Development of Small & Medium-sized Businesses (KOBIA) under the Ministry of Economy, decreased by 44.45%

Balance sheet capital of 3 investment companies in Azerbaijan exceeds AZN 3 million

As of 1 January 2021 the balance capital of 3 out of the 8 investment companies operating in the country, with the exception of ABB-Invest, CPM-Invest and MFX-Trading, which have just received a license from the Central Bank of Azerbaijan, exceeded AZN 3 million.

Raiffeisen Bank invests in renewable energy in Azerbaijan

Austria’s Raiffeisen Bank can support the financing of projects in the field of renewable energy sources in Azerbaijan

Big project: Azerbaijani entrepreneur to build a plant in Russia

Azerbaijani businessman Nizami Piriev is to sign a large project in the Russian city of Arkhangelsk, ABC.AZ reports with reference to the Russian press

Insurance company buys NBCO bonds

Bakı Sığorta has acquired bonds of non-bank credit organization Asel Kredit LLC.

WB to make large investments in Turkey

The World Bank has announced that it is investing large finances in the Turkish economy

Investments in Azerbaijan's economy have declined

Over Jan-May of this year AZN 4.907 million were directed for fixed assets in Azerbaijan (5.3% less versus Jan-May 2020)