IMBRICS FORUM'24 kicks off in Moscow
Representatives of Azerbaijan, which has already applied to join BRICS, have arrived at the forum
business in the world
New Vodafone mobile operator to be launched in Uzbekistan
A new mobile operator will be established in Uzbekistan with the participation of the British company Vodafone and the Finnish company Nokia. …
Adviser of Azerbaijan's UNEC rector takes charge of Bangladesh government
Bangladesh's Nobel Peace Prize winning economist and the recotor's adviser at Azerbaijan State University of Economics (UNEC) Muhammad Yunus was sworn in as the head of the country's caretaker government. Yunus, …
Foreigners allowed to buy tourist attractions in Issyk-Kul area
Kyrgyz President Sadyr Japarov has signed into law a bill allowing foreigners to buy tourist facilities in the Issyk-Kul resort area, the Kyrgyz …
Türkiye fines Google $15mln over competition infringements
Türkiye's Competition Board fined U.S. tech giant Google 482 million liras (around $14.88 million) for failing to comply with an injunction related to hotel search queries. The regulatory body said that Google had not …
Wildberries mulling entry into Turkey and Oman
Wildberries is exploring the start of operations in Oman and Turkey, Chief Executive Officer of the Russian online retailer Tatiana Bakalchuk said. In …
Wildberries mulls launching operations in Dubai
One of Russia’s largest online retailers Wildberries is considering launching its platform in Dubai, the company’s founder and CEO Tatyana …
Petr Aven and Mikhail Fridman to be excluded from EU sanctions lists
Today's court decision does not guarantee billionaires 100% that they will be excluded from the list of sanctions. Now it will have to be approved by the EU Council.
Bezos sells nearly 12 mln Amazon shares
Amazon executive chairman Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth …
Russia and Africa increase trade turnover to $18 billion
Last year, Russia’s trade turnover with the African countries increased to almost $18 billion, Russian President Vladimir Putin wrote in his article, "Russia and Africa: Joining Efforts for Peace, Progress and a Successful …
Wildberries plans to expand service network in Armenia
Armenian President Vahagn Khachaturyan received executive director of Wildberries Tatiana Bakalchuk, the Armenian presidential press service reported. During the meeting, the prospects and possibilities of e-commerce development, …
Famous Italian sportswear brand becomes sponsor of FC Neftchi
FC Neftchi signed a sponsorship agreement with Errea sportswear and accessories brand for two years
Russia to extend oil production cuts by 500,000 barrels per day
Russian will extend its voluntary oil production reduction by 500,000 barrels per day from February’s average output until the end of 2023, Russian Deputy Prime Minister Alexander Novak said. "As responsible and preemptive …
Vkusvill launches food sales in UAE
Russian retailer Vkusvill has begun selling its food products in Dubai through express delivery service YallaMarket, the company said. The project was launched on a trial basis at the end of December, based on which Vkusvill decided to …
Egyptian businessmen to visit Stavropol Territory
In 2023, the Stavropol Territory will exchange business missions with Egypt. During the trips, the parties will discuss the potential for cooperation and exchange specific proposals.
Elon Musk becomes first person ever to lose $200bln
Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc. chief executive officer has now achieved a …
Elopak expects to leave Russia in early 2023
Elopak expects that the transaction on the transfer of the Russian business to the local management will be completed in the first quarter of 2023, the Norwegian packaging producer said in the statement posted on the website of the Oslo Stock …
Russia to create textile clusters in Uzbekistan
Russian businessmen are exploring the possibility of creating textile clusters in Uzbekistan, Timur Islyaev, a representative of the Russian-Uzbek Business Council, co-owner of the Russian company GRT Consulting, said on the sidelines of the 2nd …
Bridgestone starts finding Russian buyer for assets in country
Japan’s producer of tires Bridgestone, which suspended the operation of its facility in Ulyanovsk and new investments in Russia in March, has started the process of finding a local buyer for its Russian assets, according to a statement …
Azerbaijan and Qatar establish business council
An agreement on the establishment of a joint Azerbaijan-Qatar Business Council was signed in Qatar between the Board Chairman Azerbaijan Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov and Board Member of the Qatar Chamber of …
