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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 …
The five-year “Greater Caucasus” tourism project will require over 1.5 trillion investments. The project will include tourism infrastructure development in seven regions. The Greater Caucasus tourism plan was presented …
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 has been on the FATF gray list for three and a half years. Recently, the organization decided to exclude the country from this list.
The Russian Deputy Prime Minister, Alexander Novak, said that the investment flow to the Caucasus regions from Russian financial institutions has increased. According to him, "they have turned their attention to the region".
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.
In Kuban, private investment in the development of the industrial complex has almost tripled
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.
Russia's Deputy Prime Minister Alexander Novak said that 2023 was a period of economic growth for the North Caucasian …
This year, Novorossiysk intends to develop large-scale investment projects
The Kizlyar Brandy Factory invested 663 million rubles in development in 2023, which is 2.2 times more than in 2022, General Director Evgeny Druzhinin said. The funds were used for re-equipment, modernization and the overhaul of fixed …
The European bank Santander, which is the largest bank in Spain, may start operating in Uzbekistan. Santander is ready to provide a loan of $500 million for investments in Uzbekistan.
Azerbaijan is among the top ten priority markets for foreign investors. This happened due to the country's stable macroeconomic indicators.
Azerbaijan's investments in Russia have increased almost 4 times
Since the beginning of the year, foreign investment in Georgia has decreased by 34%, and in Q3, it fell by over 61%.
Two industrial parks will be created in Kaspiysk
Turkish President Recep Tayyip Erdoğan is embarking on a trip to the Gulf on July 17, marking his first post-reelection multicountry tour that is expected to yield new agreements to further diplomacy and economic cooperation with the region. …
Why and how HNW investors from the Middle East region are targeting sectors such as UK real estate, including commercial property
The number of new museums, opera houses and theatres in ambitious and cash-rich Asian and Middle Eastern countries outstrips those in Europe and the US
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries. …
