Azerbaijan: Iranian companies invest $2.6 billion

Iranian companies have invested $2.6 billion in Azerbaijan’s economy, Azerbaijan’s Deputy Economy Minister Sahil Babayev said. The deputy minister said that only $145 million of this amount was invested in the non-oil sector. Around 450 companies with Iranian share operate in Azerbaijan, Babayev added. “The relations between Azerbaijan and Iran have entered a new phase.…

Russia: FATA resumes flight servicing of Turkmenistan Airlines

On September 16, on completion of the Eid al-Fitr celebration, as soon as the banking day was opened in Turkmenistan, Turkmenhowayollary (Turkmenistan Airlines) transferred cash to the accounts of the Russian air navigation service provider, FSUE “State ATM Corporation” for services previously rendered in full. All restrictions on Turkmenistan Airlines’ flights in Russian airspace have…