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

AZN 22 bn to be invested in Azerbaijan for next 4 years

Azerbaijan has published the volume of foreign investments in fixed assets for 2021

AZN 2.2 bn allocated for restoration of liberated territories

As a result of the Armenian military occupation, Azerbaijan’s economy was seriously damaged, socio-economic facilities and many historical, material and cultural monuments of the Azerbaijani people were destroyed

Russian companies` cooperation with Azerbaijani Investment Holding discussed

Economy Minister Mikayil Jabbarov met with Russian Ambassador to Azerbaijan Mikhail Bocharnikov.

Rates on capital market reduced

As a result of the entry into force of the new tariffs of the National Depository Center, the tariff burden of issuers and investors in the regulated market has decreased

Ukraine to invest in territories liberated from occupation

Azerbaijan expects Ukraine to increase investments in the territories liberated from occupation

IMF allocated a large financial aid to Georgia

The International Monetary Fund has given additional financial assistance to Georgia in the amount of $113.7 million

IMF: Foreign investments in Armenia to decrease

The International Monetary Fund has unveiled a forecast on the Armenian economy

Azerbaijani declares data on its investments in Georgia

Azerbaijan has invested more than $3.6 bn in the Georgian economy since the times when it gained independence

EU awards a grant to Georgia to overcome Covid-19 consequences

The European Union has awarded a grant of 60 million euro to Georgia to overcome the crisis caused by the coronavirus pandemic

Karabakh bonds may be issued in circulation

There are various mechanisms to attract the population`s money into circulation in Azerbaijan

EU rendered aid for 600 million euro to Ukraine

Investment company Capital Partners registered

The State Tax Service under the Ministry of Economy has registered investment company Capital Partners

Azerbaijan withdrew more than $22 million of investments from Georgia

For Jan-Sept 2020 Azerbaijan withdrew investments for $22.7 million from Georgia

Government bonds for over AZN 1 bn placed for Jan-Nov

The Ministry of Finance placed government bonds in the amount of AZN 1.118 bn through the Baku Stock Exchange for Jan-Nov 2020

Volume of securities transactions decreased more than by 12%

The total volume of securities transactions on the Baku Stock Exchange for Jan-Nov 2020 amounted to AZN 11.378 bn