According to the draft State Budget of Ukraine for 2017, the Government will provide some funds to support the buckwheat and rye markets to stimulate production rates of the reporting grains in Ukraine, the Director of the food products department at the Ministry of Agrarian Policy and Food of Ukraine Mykola Moroz declared. According to…
The World Bank forecasts that Ukraine’s GDP will be 1% by the end of 2016 and 2% by the end of 2017, World Bank Economist for Ukraine Anastasia Golovach has stated. “We are leaving our GDP growth forecasts for 2016 and 2017 unchanged at 1% and 2% respectively”, Golovach said. According to her, the World…
Amsterdam-based VimpelCom Ltd. has allegedly agreed to sell its tower bases in Russia to local company Russian Towers, winner of the tender, and the deal’s future will be settled at a meeting of VimpelCom Ltd.’s board of directors, scheduled for the end of September. A person close to VimpelCom Ltd. confirmed that the process of…
Azerbaijan’s state oil company SOCAR doesn’t exclude the possibility of issuing bonds in the country’s national currency – manat – in the future, SOCAR President Rovnag Abdullayev reported. Abdullayev said that among the population there was an increasing interest in dollar-denominated bonds issued on September 20, totaling $100 million with a par value of $1,000…
Azerbaijani state oil company SOCAR has commissioned a modern center for drilling waste management in Garadagh district of Baku. SOCAR President Rovnag Abdullayev, BP Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell and representatives of SOCAR management took part in the opening ceremony. The total area of the center is 40 hectares with the…
Silk Way West Airlines opened direct cargo flights between Baku and the largest transportation hub in the United States – Chicago (Illinois). The first flight from Heydar Aliyev International Airport to O’Hare International Airport was carried out on September 18. Starting from October, regular transatlantic flights of Silk Way West Airlines on this route would…
Russian retailers and mobile operators are satisfied with the start of sales of Apple’s new iPhone 7 and 7 Plus on September 23, and demand is twice as much as it was a year ago for the previous model, spokespeople for sellers reported. “We’re happy with the results of first sales of the iPhone 7…