Azerbaijan Railways to undertake large-scale digitalization
CJSC Azerbaijan Railways is set to undertake a large‑scale digitalization project worth over $60 million, financed with ADB assistance.
business and companies
Western business may return to Russia via pragmatic partnerships - Kobyakov
The return of Western businesses to Russia should be based on pragmatic partnerships and the transfer of technologies needed by the country, Russian Presidential Aide and Executive Secretary of the Eastern Economic Forum Organizing Committee Anton Kobyakov said.
US adds tankers and entities to Iran sanctions list
US authorities have imposed sanctions against 10 more tankers and entities associated with Iran.
US extends general license for tax and duty payments in Russia
The US Treasury has extended the general license allowing US citizens and companies to pay taxes in Russia.
Most US companies continue to operate in Russia - AmCham chief
American businesses have been operating in Russia for many years, some big brands have left, but most U.S. companies continue to operate in Russia, AmCham Russia President and CEO Robert Agee said on the sidelines of the St. Petersburg International Economic Forum.
U.S. adds eight companies to Iran sanctions lists
The U.S. Treasury has added eight individuals and nine oil tankers associated with them to Iran sanctions lists, according to information on the website of the Office of Foreign Assets Control (OFAC), a department of the U.S. Treasury.
Connection to power grid in Karabakh, Eastern Zangazur to be free in 2026
Connecting residential customers to the power grid in the liberated territories will be free in Azerbaijan. The Tariff Council of Azerbaijan made the corresponding decision.
RDIF CEO receives U.S. Chamber of Commerce award
Russian Direct Investment Fund (RDIF) CEO and the Russian president’s Special Envoy for investment and economic cooperation Kirill Dmitriev has said that he has received an award from the American Chamber of Commerce in Russia for his efforts to promote dialogue between the two countries.
Georgian oysters return to Russia after year-long absence
Fish also became a new import category
Trump: Uzbekistan to buy 22 Boeing aircraft for $8 billion
Uzbekistan has signed an $8 billion contract with the American aircraft manufacturer Boeing to purchase 22 aircraft, announced US President Donald Trump.
Russia interested in return of Western companies - Peskov
Russia is interested in the return of Western companies, Kremlin Spokesman Dmitry Peskov said on the sidelines of the Eastern Economic Forum, TASS reported.
Russian Foreign Ministry assesses prospects for Western companies' return
The Russian Foreign Ministry has outlined the conditions under which Russia is prepared to accept back Western companies that left the country.
H&M clothing now manufactured in Uzbekistan
A factory in Uzbekistan has begun producing clothing for the global brand H&M, with products from the Fergana region to be sold in neighboring countries.
Bolt taxi service enters Kazakh market
A new taxi service, Bolt, has launched in Kazakhstan. The Estonian company will compete with existing services like Yandex Go and InDrive, Kazakhstan's Ministry of Transport confirmed.
Shusha hosts Economic Cooperation Organization business forum
Azerbaijan's Shusha is hosting a business forum of the Economic Cooperation Organization (ECO).
Russia's investments in Georgia up up 2.7-fol din 2025
Direct investments from Russia to Georgia’s economy amounted to $19.2 mln in Q1 2025, which is 2.7 times higher than in the same period last year, according to data released by the Georgian National Statistics Service.
China may open household appliance plant in Azerbaijan
The Chinese Youkai company may open a plant in Azerbaijan, the head of the company Huang Ping said on the sidelines of the Azerbaijan-China Economic and Trade Cooperation Conference.
Russia advocates mutually beneficial economic cooperation with U.S. - Lavrov
Russia is not against building mutually beneficial cooperation with the U.S. in the economy, Russian Foreign Minister Sergey Lavrov said, adding that U.S. President Donald Trump has also expressed his interest in it. He recalled that …
Russia-Qatar Business Forum to be held in Moscow
This week, the Russian capital will host the Russia-Qatar Business Forum. The parties have expressed interest in developing bilateral cooperation.
Kirill Dmitriev meets American Chamber of Commerce members
Special envoy of the Russian President and chief executive of the Russian Direct Investment Fund Kirill Dmitriev met representatives of more than 150 U.S. companies continue working in Russia. "I met members of the …
