BP on behalf of its co-venturers in the projects that it operates – the Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the South Caucasus Pipeline projects, – has announced its support for the establishment of the first big data, data sciences Instruction and research center in Azerbaijan. The project is part of…
Entrepreneurs will be able to take part in at least 5 international exhibitions in 2017 through the line of Azerbaijan’s Economy Ministry, the country’s Economy Minister Shahin Mustafayev said. Mustafayev said that in 2017, Azerbaijani businessmen would be able to showcase their products at exhibitions in Dubai (UAE), Moscow (Russia), Habsburg (Switzerland) and Dusseldorf (Germany).…
As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported. “Recently, Azerbaijan’s President Ilham Aliyev has taken very significant steps to promote entrepreneurship, support local production and promote non-oil exports”,…
The Framework Agreement on technical and financial cooperation has been signed on October 8, between the Cabinet of Ministers of Ukraine and the government of the Kingdom of Norway, First Deputy Minister for Economic Development and Trade Yulia Kovaliv has stated. “Norway has been supporting Ukraine on the international arena for a long time, and…
As many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April, the country’s Economy Minister Shahin Mustafayev said. The minister said that currently nine projects worth 55 million manats were also being considered. “The implementation of these projects will make it possible to open over 5,000…
Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…
The European Union intends to allocate EUR 104 million to support Ukraine’s state management reform for 2016-2020, and Ukraine will receive the first tranche totaling EUR 10 million in early 2017. This was stated at a presentation of the renewed structure to support reforms, which was held in the Cabinet of Ministers of Ukraine with…