Trade and economic relations were high on agenda as Washington hosted the Turkmen-U.S. business session on development of business ties. The event was held with the participation of officials of Argus Ltd, Boeing, CNH Industrial, Ellicott Dredges, General Electric, John Deere, Lindsey, Microsoft, Oxbox Energy Solution, Caterpillar and Westport Trading Europe Ltd, said the Turkmen…Details
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Multiple potential investors could start a due diligence review in Latvian national airline airBaltic, says Latvian Transport Minister Uldis Augulis. He says the Cabinet of Ministers has been informed about the progress with attraction of a new strategic investor for the airline. In total, more than 40 potential investors from all over the worlds have…Details
Passenger traffic via Minsk National Airport rose by 26.9% YoY in January-June, according to the website of the airport. In June Minsk Airport handled 425,200 passengers, up by 22.2%. Since the start of the year, the number of airport users has exceeded 1,079,000 people, up by 26.9% YoY. In June 2017 the airport serviced 2,323…Details
Inflation in Kazakhstan in the first six months of 2017 stood at the level of 3.7% compared with 4.6% in the first half of last year. At the annual level, that is, compared to the same period of the previous year, inflation was at the level of 7.5%, or within the target corridor, National Economy…Details
The falling dollar rate forced the National Bank of Kyrgyzstan to enter the foreign exchange market again with intervention. The bank bought dollars. As the official website of the National Bank of Kyrgyzstan reported, it carried out the third intervention in July. But, unlike the first two, it did not sell, but bought US dollars.…Details
Iran and Azerbaijan are expected to launch transporting goods and cargos through the International North-South Transport Corridor in the coming months, amid efforts to boost trade ties between the two neighboring countries. Mohammad Ebrahimi, economic consultant at Iranian Embassy in Baku, said that the goal of cooperation between the two neighboring countries would be fulfilled…Details
The supervisory board of PrivatBank (Kyiv) has announced McKinsey & Company the winner of a tender to select an internationally recognized company responsible for drawing up a strategy of the financial institution. PrivatBank said in a press release that the objective of this assignment was to design a market strategy to optimize PrivatBank operations while…Details