The Islamic Corporation for the Development of the Private Sector (ICD) supports the economic reforms realized in Azerbaijan, Khaled Al-Aboodi, CEO and director general of the ICD, said. “We are ready to improve the quality of the goods produced in the country and to provide entrepreneurs with access to new technologies and markets. We are…
Kazakhstan took the third position in Asia by the areas of organic farming, which exceeded 300 thousand ha, the Deputy Director of strategic planning and analysis department at the Ministry of Agriculture of the Republic of Kazakhstan Timur Nurashev declared. According to him, the general exports of organic products from Kazakhstan totaled nearly $10 million.…
Ukraine produced 10.8 KMT of mayonnaise in October, up b 1.1 KMT (11%) MoM. At the same time, its production contracted by 0.6 KMT (5.3%) YoY (11.4 KMT). In total, the fat-and-oil industry has produced 99.8 KMT of mayonnaise in 2016 against 100.8 KMT at the same time last year (down by less than 1%).…
The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16.” “We expect sector performance to remain under pressure from high provisioning needs, while solvency recovery is likely…
National energy company Ukrenergo has divided power lines for exporting electricity to Europe into separate lots (to export electricity to Hungary, Romania and Slovakia) in line with the sector rules, the press service of Ukrenergo has reported. “The Burshtyn TPP Island (Ukraine) – Hungarian, Slovakian and Romanian power grids mentioned in the letter of the…
According to Bulgarian Ministry of Agriculture, as of November 24, 419 thousand ha of corn were threshed, 99.1% of the plan (423 thousand ha). 2209.5 KMT were harvested with the average yield of 5.27 MT/ha. Pace of harvesting is 1.8% higher than in 2015. On the reporting date, average corn yield was 3.9% higher than…
Last week Ukrainian market of crude sunflower oil faced the bullish trend, due to a similar price trend on the export market of the product. As of December 8, the bid prices for sunflower oil in Ukraine mainly varied within the range of 21`500-21`800 UAH/ton EXW, up by nearly 200 UAH/ton WoW. (APK-Inform/Business World Magazine)