Finance Ministry said state-owned banks in the first half of 2019 reduced non-performing loans by UAH 22 billion ($909.1 million). In particular, the state-owned banks, including financial institutions, reduced debts by UAH 3.5 billion ($144.6 million), restructured them by UAH 10.6 billion ($438 million), and covered debts with reserves at UAH 2.9 billion ($119.8 million),…
One major priority for the Bank of Latvia should be responsibility over the stability of the financial system, said potential candidate for the post of the Bank of Latvia and ex-chairman of the Finance and Capital Market Commission (FKTK) Uldis Cerps. The contender for the important post said it was highly important to outline this…
Dubai, the largest city in the United Arab Emirates, hosted the annual Dubai Air Show 2019 – one of the most prestigious and significant air shows in the world. More than 60 countries, represented by companies from different spheres of aviation, take part in it. Azerbaijan Airlines’ delegation headed by AZAL Vice-President Eldar Hajiyev took…
Construction of the first two skyscrapers will begin in Uzbekistan’s Fergana Valley in the near future. They will be erected as part of the Namangan Square project. The first Smart City in the region will be built on an area of 18 hectares. It was designed by the world-known architect from India Hafeez Contractor. “Namangan…
In 2020 Kyiv authorities plan to acquire 30 buses, 50 trolleybuses and 20 trams, advisor to the Kyiv mayor Maksym Bakhmatov has stated. “We also plan to write off 19 trolleybuses, 6 trams and 28 buses,” Bakhmatov said. This year the city has already received 13 trolleybuses and is still waiting for seven buses. In…