The National Bank of Kazakhstan and National Payment Corporation have launched a pilot project for interbank QR payments, the National Bank said. The first transaction took place on November 15 during the Kazakhstan Financiers Congress …
The Finance, Investment, and Trade Day (Climate FIT Day) is being held in Baku as part of COP29. Today, the presentation of the Baku Initiative on Climate Finance, Investment, and Trade (BICFIT) will take place. The Baku …
The price of Bitcoin has surpassed $71,000 for the first time since June 7, according to Binance platform data. By 5:24 a.m. Moscow time (2:24 a.m. …
The Auchan retail chain will sell its Russian branch. The group has already found two potential buyers. However, the sale could face difficulties due to sanctions.
The RFU was transferred funds for the past year in the amount of 3.7 bln rubles
The European Investment Bank will help Georgia with the construction of a new highway leading to the border with Armenia. The cost of the project will be a quarter of a billion euros.
Member states of the BRICS group of nations are discussing Iran’s initiative to integrate their national payment systems within the group’s framework, Russia's Deputy …
The Mir payment system has started limited functioning in certain restaurants and shopping centers in Myanmar, the Russian Embassy in the country said. …
Uzbekistan's Ambassador Nodirjon Turghunov held a meeting with Director of the Operations Policy and Services Department at the Islamic Development Bank (IDB) Anasse Aissami. The parties discussed further accelerating cooperation …
The RIAC Director General spoke about possibility of complete abandonment of the dollar in bilateral Russian-Azerbaijani trade and replacing it with rubles and manats
Russia’s government waived export duties on coal for four months in a bid to support its domestic industry. The duties will be canceled from May 1 through August 31, the Russian government said. Russia had previously …
Armenia's Ameriabank has announced the completion of the transaction for its purchase by the Bank of Georgia Group and a change of shareholders. The Armenian bank says on its website that its new shareholders are Bank of Georgia …
TBC Capital has raised its forecast for Georgian economic growth in 2024. The company has reported that the country's economic growth will exceed 6%. In February, Georgia's economy grew by 9.5%.
The Russian government allocated 120 mln rubles in the form of a budget subsidy for the celebration of the centenary of Ingushetia, organized on behalf of President Vladimir Putin
Next year, salaries of government members and deputies in Georgia will be calculated using a new formula. The President and the Prime Minister will earn the most.
Turkey's state-owned banks continue to open accounts for Russian citizens, but if certain conditions are met, including a Turkish residence permit and a work …
Clubs worldwide spent a record $9.63 billion on international transfers in 2023, an increase of nearly 50% compared to 2022, FIFA said. After transfer spending fell in 2020 and 2021 due to the financial impact of the COVID-19 pandemic, …
Israel's cabinet approved a plan for frozen tax funds earmarked for Gaza to be held by Norway instead of transferred to the Palestinian Authority, officials said. Istaeli Prime Minister Benjamin Netanyahu said the cabinet …
Turkey's banks and other financial institutions will have to wait until 2025 to apply inflation-adjusted accounting to their balance sheets, the BDDK banking watchdog said. "It has been decided that banks, …
The price of Azeri Light Azerbaijani oil on the world market increased by $2.75 or 3.4% to $83.45, Trend reported, citing the source from the country's oil and gas market. The Azeri Light crude oil price based on CIF in the Italian …
