Investment

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Azerbaijan seeks up to $5 million for sweets project

Azerbaijan seeks up to $5 million for sweets project

Azerbaijan tries to restore the manufacture of country’s brands in the food industry, abc.az reports. In particular, Ganja confectionery plant (Gəncə Qənnadi OJSC) has presented project New Chinar, designed for making of a new …

Turkey in pursuit of $24 bln in foreign investments

Turkey in pursuit of $24 bln in foreign investments

More than 150 new investment projects, with a total value of $24 billion, are testament to investors’ commitment in Turkey in the aftermath of the July 15 failed coup attempt, the president of the Investment …

Russia to cooperate with Turkey in investment

Russia to cooperate with Turkey in investment

The Russian Direct Investment Fund (RDIF) and the Turkish investment holding Ronesans Holding have agreed to expand their investment cooperation. According to RDIF, the potential amount of investment within the partnership between the companies …

Is Georgia's economy on the rise?

Is Georgia's economy on the rise?

The National Bank of Georgia increased its forecast for GDP growth in the country in 2016 from 3% to 3.5%, the President of the National Bank, Koba Gvenetadze, said at today's briefing. "The difficulties in …

Jim Rogers picks dollar over gold as haven in Brexit tumult

Jim Rogers picks dollar over gold as haven in Brexit tumult

While analysts and traders from New York to London bet that gold will go higher, veteran investor Jim Rogers would rather seek haven in the dollar as the U.K.’s vote to leave the European Union roils global markets, …

Ulyukayev tells what Russia should do next

Ulyukayev tells what Russia should do next

The Russian Minister of Economic Development Alexei Ulyukayev published an article titled 'What to do next? in the Vedomosti newspaper today. He outlined there his program of actions which would allow the Russian economy to grow every year by 7%, as it was in the early 2000s. The Minister bases his arguments on the premise that the world economy has changed dramatically and only those developing countries that are able to adapt to these changes will keep high growth rates. "In this situation, Russia's economic policy should be aimed at increasing the potential growth, which can be achieved through better use of labor resources, accumulation of capitals through the growth of investments and increasing productivity," Ulyukayev believes.

IMF reviews price stability in Azerbaijan

IMF reviews price stability in Azerbaijan

An International Monetary Fund (IMF) team, which visited Baku from May 19 to June 1 to hold discussions in the context of the 2016 Article IV Consultation, made the statement on Azerbaijan's economic growth. According to report, the …

EBRD ready to invest in Alat free trade zone

EBRD ready to invest in Alat free trade zone

Azerbaijani President Ilham Aliyev has received the  President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, in Baku.   Pointing to EBRD`s investment in …

OIC countries have $3.5 trillion of investment resources

OIC countries have $3.5 trillion of investment resources

Investment resources of the Organization of Islamic Cooperation (OIC) reach the sum of $3.5 trillion. Russia may use it to develop it economy. The statement was made by Chairman of the Board of the nonprofit National Association of Investment and …

Azerbaijan invests in the development of Dagestani industry

Azerbaijan invests in the development of Dagestani industry

Yesterday the Days of Dagestan finished in Azerbaijan, in the framework of which the parties discussed a number of issues in the framework of economic cooperation. In particular, it is planned to build a large cement plant, trade and logistics …

Austrian businessmen return to Russia

Austrian businessmen return to Russia

Austrian investors decided to be the first to return to Russia, since right now there are extremely favorable conditions for investments, Die Presse newspaper writes. As the report of the Federal Economic Chamber of Austria states, over …

Italy invests 4 billion euros in Iran’s railway sector

Italy invests 4 billion euros in Iran’s railway sector

ITINERA S.P.A Company Advisor Pino Arlacchi said Italy has agreed to invest 4 billion euros in the Iranian railway sector, Fars news agency reported. Speaking to reporters in Tehran on Sunday, Arlacchi said he has …

 DP World to evaluate investment opportunities of Georgia

DP World to evaluate investment opportunities of Georgia

DP World Group Chairman and CEO of Ports, Customs and Freezones Corporation, Sultan Ahmed Bin Sulayem, met with the Prime Minister of Georgia, Giorgi Kvirikashvili, at the Annual Investment Meeting in Dubai to …