Economy Minister: Encouraging of private investments to be a priority

The restoration of the economic activity is the first priority for Azerbaijan in the coming period in order to achieve sustainable economic growth and prosperity

Four companies transferred under management of investment holding

President Ilham Aliyev has signed an order relating to four companies.

Countries that invested most in Turkey

The data on foreign investors' investments in Turkey for Jan-Nov 2020 has been published

STP creates a new company - a contract signed with a Turkish company

Tesla sold shares – company's shares fell in price

Tesla’s shares decreased more than by 5% after Elon Musk's brother Kimbal Musk sold 30,000 shares for $25.6 million

Baku Stock Exchange’s authorized capital increased up to AZN 5.4 million

The nominal value of the Baku Stock Exchange’s shares has been increased from 200 up to 800 manats at the expense of retained earnings in accord with BSE’s decision taken at the extraordinary general meeting

EDF subsidized loans given for 908 investment projects for 2020

Over 38,000 entrepreneurs received subsidized loans

American investor predicts depreciation of US dollar

Forecast on growth rate of GDP in U.S. increased

US investment bank Goldman Sachs has raised expectations on the country's GDP and the volume of the stimulus package in connection with the coronavirus pandemic

Banks be able to enter securities market directly

Central Bank’s chair Elman Rustamov explained a range of questions at an online press conference

AIC carried out internal restructuring

Azerbaijan Investment Company carried out internal restructuring last year

Azerbaijan plans construction of a textile factory

Discussions have begun with the Confederation of Entrepreneurs of Azerbaijan in connection with the opening of a textile factory in the country

EBRD has invested EUR 11 bn in member countries

The European Bank for Reconstruction & Development (EBRD) has invested EUR 11 bn for 411 projects in 38 member countries within the context of the Covid-19 pandemic

Forecast: Investment inflows in developed countries

Investment inflows in emerging economies are expected to increase and the currencies of developing economies to strengthen this year

Lifting of blockade from this rail line is important from angle of raising investments

Railway line Kars-Nakhchivan-Meghri-Zangilan-Baku is important from angle of lifting the blockade of Nakhchivan, reducing transport costs, reducing environmental impact, expanding foreign trade opportunities, increasing tourism and passenger turnover, as well as attracting investments to the region

WB to allocate $5 bn to 11 African countries

The World Bank has made a decision to provide financial assistance to 11 African countries

SOFAZ investments in real estate reached $2.5 bn

Until 30 September 2020 the total investment in real estate complexes of the State Oil Fund of Azerbaijan amounted to $2.57 bn.

Innovation for entrepreneurs – number of credit products grows

AzerGold paid interests – $200,000

The first quarterly interest payment on AzerGold`s bonds was made on 24 December

These companies to pay dividends next year

According to the Draft State Budget 2021, it became known which companies owned by the State will pay dividends