SOFAZ investments in JVs reduced

Value of SOFAZ investment property exceeds 1.5 billion manats

As of January 1, 2024, the value of the investment property of the State Oil Fund of Azerbaijan (SOFAR) reached 1.536 billion manats.

SOFAZ has increased investments in European countries

Over 5.5 billion manats invested in SCIP

Apple shares hit historic high

Apple shares hit a historic high after Morgan Stanley raised its target price and called the company the "best choice" due to its efforts in the field of artificial intelligence.

Investments in the NAR economy reduced by 18%

Uzbek company invests 93 million manats in creation of 5 enterprises in Azerbaijan

Uzbek company Tukımachı Sanoat Tekstıl LLC invests 92.5 million manats in the creation of 5 enterprises in Azerbaijan.

132 projects underway in Uzbekistan with the participation of 10 countries

Foreign investors and local entrepreneurs are implementing 132 projects with a total value of more than $7 billion in Uzbekistan, ABC.AZ reports, citing the press service of President Shavkat Mirziyoyev.

Investments in fixed assets increased by 9.4% for Jan-Jun

Over Jan-Jun 2024, 7.98 billion manats were directed for fixed assets in Azerbaijan, or 9.4% more against Jan-Jun 2023.

Accounts Chamber has made proposals on private shares of SOFAZ

Pakistan to present investment portfolio worth $2-3 bn to Azerbaijan

Pakistan has developed an investment portfolio of $2-3 bn to present to Azerbaijan, ABC.AZ reports, referring to the Pakistani media.

This NBCO issues bonds for 500,000 manats

NBCO - Viator Microcredit Azerbaijan OJSC issues 500 interest-bearing, unsecured, undocumented, nominal bonds with nominal value of 1,000 manats each.

Shares of Naxçıvan Bank are liquidated

Due to the reorganization of Naxçıvan Bank into E-Kredit LLC - into a non-bank credit institution, the bank's shares are withdrawn from circulation and liquidated.

EU investments for Western Balkans in amount of €1.2 billion

The European Union Commission has issued a statement in connection with the 6th package approved as part of the Economic & Investment Plan for the Western Balkans.

Azerbaijan created incentives to attract investments

Azerbaijan is committed to the goals of sustainable development and recognizes the crucial role of public-private partnerships in the development of environmental, social and corporate governance.

Bybit becomes second most popular cryptocurrency exchange

The cryptocurrency exchange managed by Bibi Fintech has risen to the 2nd place in the world in terms of trading volume.

Azerbaijan to insure risk of loss of investors' funds

In Azerbaijan, the risk of loss of finances and financial instruments of investors in investment companies that have lost their solvency will be insured.

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.