Investment

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George Soros: Donald Trump is 'would-be dictator'

George Soros: Donald Trump is 'would-be dictator'

Donald Trump is a “would-be dictator” who is “going to fail”, the billionaire investor George Soros has told the Davos world economic forum. On the eve of Trump’s inauguration as president, …

Soros lost nearly $1 billion after Trump election

Soros lost nearly $1 billion after Trump election

George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election, Bloomberg reports citing the Wall Street Journal. Soros …

8th Gaidar Forum starts in Moscow

8th Gaidar Forum starts in Moscow

Today, the 8th Gaidar Forum started at the Russian Presidential Academy of National Economy and Public Administration in Moscow, it will last until 14 January. The key theme of the forum  - 'Russia and the World: the …

SOFAZ to transfer $4 billion to Azerbaijani Central Bank

SOFAZ to transfer $4 billion to Azerbaijani Central Bank

Azerbaijan will transfer as much as 7.5 billion manat ($4 billion) of assets from its sovereign wealth fund to the central bank this year, giving it ammunition to defend the manat in the latest effort to break the grip of a currency crisis. …

Iran and China to build joint industrial park

Iran and China to build joint industrial park

Iran and China will jointly build an industrial park in Iran's southern port city of Jask, the governor of the Hormozgan province Jasem Jaderi said. According to him, the industrial park will be built …

Russia among most popular investor picks for emerging markets

Russia among most popular investor picks for emerging markets

Russia entered the list of popular investor picks for emerging markets for 2017, Bloomberg writes. For investors that borrow in currencies with low interest rates and buy high yielding ones, Russia’s ruble is a top bet.  …

Investments in Turkish Stream estimated at 7B euros

Investments in Turkish Stream estimated at 7B euros

The volume of investments for the construction of both lines of the Turkish Stream gas pipeline has been revealed. The investments needed for the full implementation of the Turkish Stream project, including the amount previously spent …

Azerbaijan sets priorities in development of  tourism industry

Azerbaijan sets priorities in development of tourism industry

Azerbaijan has defined four priority areas for the tourism development until 2020. They are reflected in ‘’The strategic road map for the development of the specialized tourism industry in Azerbaijan’’ published today. …

Nazarbayev invites Korean companies to Kazakhstan

Nazarbayev invites Korean companies to Kazakhstan

Kazakh President Nursultan Nazarbayev invited South Korean companies to work in Kazakhstan’s special industrial zones, the presidential press service reported. He also invited South Korean …

Novosibirsk businessmen interested in Georgia

Novosibirsk businessmen interested in Georgia

Business delegation, which will include representatives of seven Novosibirsk companies will arrive in Georgia on November 7. During the visit they will attend presentations, business meetings and negotiations with potential …