Investment

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Foreign investments in Georgia declining

Foreign investments in Georgia declining

Foreign direct investments in Georgia reached $197.7 million in the third quarter of 2024, a decrease of 55.2% compared to the adjusted figures from the same period in 2023, Georgia's National Statistics Office ( …

Chechnya to host investment forum

Chechnya to host investment forum

Chechnya is organizing the forum "Grozny – City of Opportunities". The event is aimed at developing the investment potential of the republic.

Türkiye invests billions of dollars in Kazakhstan

Türkiye invests billions of dollars in Kazakhstan

Representatives of business associations and agricultural companies of Kazakhstan visited Ankara, where they signed agreements worth $2 billion in the field of investment and trade.

Alexander Novak urges to invest in North Caucasus

Alexander Novak urges to invest in North Caucasus

Investment in 35 largest projects in the North Caucasus currently stands at 1.7 trillion rubles ($19 bln), Russian Deputy Prime Minister Alexander Novak said on the sidelines of the Caucasus Investment Forum. "As of …

First all-inclusive hotels to appear in Georgia

First all-inclusive hotels to appear in Georgia

Several new hotels will open in Georgia on the seafront next year. Premium all-inclusive hotels will be built by a large international chain. There are no all-inclusive hotels in Georgia today.

Türkiye removed from FATF gray list

Türkiye removed from FATF gray list

Türkiye has been on the FATF gray list for three and a half years. Recently, the organization decided to exclude the country from this list.

Yusif Abdullayev: Economic ties between Russia and Azerbaijan are in excellent condition

Yusif Abdullayev: Economic ties between Russia and Azerbaijan are in excellent condition

This week, Russia is hosting the largest international economic forum, SPIEF-2024, in St. Petersburg. It traditionally includes a representative Azerbaijani delegation. Vestnik Kavkaza spoke with the Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) about economic contacts between the two countries.

Luxury resort Ras Ghamila to appear in Egypt

Luxury resort Ras Ghamila to appear in Egypt

In Egypt, on the Red Sea, investors from Saudi Arabia plan to build a new luxury resort. It is planned to develop an area in the north of Sharm el-Sheikh, near the Ras Ghamila reef, which is beloved by divers.