SOFAZ invested $100 million in education center in UAE

Azerbaijan may become a thriving startup hub

Azerbaijan may become a potential hub for startups.

Azerbaijan has established a venture fund with capital of $25 million

In two years, startups from innovation center SABAH.HUB have raised more than $4 million from local and regional investors.

Interesting projects for startups to be presented at Karabakh University

SABAH.HUB will be where the skills are. The Karabakh University will start its activity in the near future. There will be many interesting projects for entrepreneurs, startups, presented by students.

Sabah City technopark to be created in Azerbaijan

Sabah City technopark will be created in Azerbaijan.

WB has given a loan to this country

The Board of Directors of the World Bank has approved $150 million in funding for Sri Lanka to improve the quality of primary health care.

This country’s direct investments in Azerbaijan grew 3.5-fold

In the 1st quarter of 2024, foreign direct investments in the amount of $1.5 bn were raised to the Azerbaijani economy.

Countries that invested the most in Azerbaijan in 1st quarter of 2024

In the 1st quarter of 2024, foreign direct investments in the amount of $1.5 bn were raised to the Azerbaijani economy.

Investments in Azerbaijani economy grew by 11%

Over Jan-May of this year, 6.64 bn manats were directed for fixed assets in Azerbaijan (11% more against Jan-May 2023).

ABB shares to be traded with use of initial public offering method

On June 11, 2024, an event was held related to the start of subscription to ABB shares.

Auction for placement of AccessBank dollar bonds to be held

On June 11, 2024, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of AccessBank CJSC with an issue volume of $2.5 million were included in the listing in the standard market segment.

Investments in NAR economy decreased

Russia's borrowing costs have peaked in last 9 years

During the war, Russia faced the highest borrowing costs since 2015.

1.6% of loans given for Azerbaijani economy are designed for agriculture

1.6% of loans given to the economy of Azerbaijan are directed to agriculture.

Ekolizinq placed bonds for $250,000

On May 29, 2024, the auction for placement of Ekolizinq LLC bonds for $250,000 ended at the Baku Stock Exchange. 250 bonds were placed at $1,000 apiece

Dünya Bankı Banqladeşə 700 milyon dollar ayıracaq

Dünya Bankının (DB) İcraçı Direktorlar Şurası, ilk növbədə Banqladeş əhalisinə və bu ölkədə yerləşən Rohinca qaçqınlarına yardım göstərmək üçün nəzərdə tutulmuş 700 milyon dollar məbləğində iki layihəni təsdiqləyib.

President received co-founder and chair of CVC Capital Partners

Profits of world’s leading corporations fall 6% for Jan-Mar

The net profit of the world's leading private corporations decreased by 6% year-on-year in the 1st quarter of this year, ABC.AZ reports with reference to experts of Japanese economic newspaper Nikkei.

Investment company completely sold in Azerbaijan

MFX-Trading Investment Company OJSC has changed its shareholder.

Tehran Stock Exchange halts operations

The Tehran Stock Exchange suspended operations after the news of the death of Iranian President Ibrahim Raisi.

IFC reveals areas it finances in relation to sustainable development

The International Finance Corporation (IFC) currently focuses on 5 major systems that together account for more than 9% of global greenhouse gas emissions and face significant adaptation challenges.