Investment

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Sargsyan to visit US

Sargsyan to visit US

Armenian President Serzh Sargsyan will arrive in the United States on a working visit, the press service of the Armenian president reports. As part of the visit, Armenia’s president is expected to have a number of …

India ready to invest over $15 billion in Iran

India ready to invest over $15 billion in Iran

India is ready to invest more than $15.2 billion to build projects in Iran, including taking up full-scale development of Chabahar Port, if Tehran offers cheaper gas, Iranian Shipping Minister Nitin Gadkari said. …

Iran introduces new type of investment oil contracts

Iran introduces new type of investment oil contracts

The Iranian government will approve the new model of oil contracts - Iran Petroleum Contract (IPC), the Iranian oil minister, Bijan Namdar Zanganeh, said. The IPC will increase the attractiveness of Iranian oil …

Arabic Humanitarian Fund plans to invest in Chechnya

Arabic Humanitarian Fund plans to invest in Chechnya

The Chechen capital Grozny was visited today by representatives of the Sheikh Khalif bin Zayed Al Nahyan Arab Humanitarian Foundation within the agreement reached between the head of the Chechen Republic, Ramzan Kadyrov, and the Crown Prince of …

Putin: business climate in Ingushetia should be improved

Putin: business climate in Ingushetia should be improved

The Ingush authorities need to conduct a more active search for additional investments, as well as to work on the improvement of the business climate of the country, Russian President Vladimir Putin said during a meeting on socio-economic …

Foreign investments in Georgia up 81% in 2015

Foreign investments in Georgia up 81% in 2015

Georgia's National Statistics Office 'Sakstat' said that foreign direct investment increased by 81% in the second quarter of 2015, compared to the same period of the previous year  and by 103% in the first quarter of …

Crimea attracts Turkish investors

Crimea attracts Turkish investors

Turkey plans to invest $ 12.5 billion in Crimea. Crimean Prime Minister Sergey Aksenov attended a meeting with Turkish investors yesterday. "The first stage is in the amount of $ 1 billion," the head of the delegation of Turkish

Russian-Azerbaijani agreement on investment protection approved

Russian-Azerbaijani agreement on investment protection approved

The draft law on the ratification of the intergovernmental agreement between Moscow and Baku on the encouragement and mutual protection of the investments was approved by the Russian government commission on legislative activities. Now it will be …

State of Georgian debt is over $546 million.

State of Georgian debt is over $546 million. Georgia's external debt to 17 countries is $546.7 million, including  $17 million to  Azerbaijan. The biggest public credits are those from Germany - $189.7 million, Russia - $117.4 million, Japan - $55.8 million, the USA - $36.8 million, Turkey - $32.9 million, reports PanARMENIAN.Net.In addition Georgia has been given credit by international institutions, amounting to $2532.2 million. At present Georgia's external government debt is $3583.5 million.

Azerbaijan receives credit from the World Ba

The World Bank and the Azerbaijani Ministry of Transport have signed a credit agreement to enlarge the Baku-Shamahi-Mugan road. The World Bank is loaning $241.6 million, reports Trend.101 kilometres of the 122 kilometre-long road is planned to be rebuilt with the credit. The main aim in reconstructing the road is to double its width.11.08.2010

The European Bank will invest in the modernization of the Yerevan underground

5 million euros will be made available to renovate the Yerevan underground train system, due to a credit agreement between Yerevan and the European Bank for Reconstruction and Development (EBRD) reports News.am. In total the project will cost 15 million euros.Apart from the EBRD, 5 million will be given by the European Commission as a grant and from the European Investment Bank as a credit. The rate of interest is 1 % over the base rate.