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SOFAZ Executive Director elected Deputy Chair of International Forum of Sovereign Wealth Funds Board

... A delegation led by Israfil Mammadov, Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), is participating in the 16th Annual Meeting of the International Forum of Sovereign Wealth Funds (IFSWF) held in Muscat, the capital of the Sultanate of Oman. The IFSWF is the first and only organization bringing together the world& ...

"Bakcell" presents the "Birinci" tariff, which offers special advantages to "Birbank" users

... the near future, the company will provide subscribers with a number of new products. About "Bakcell" "Bakcell" is the first and largest private telecommunications company in Azerbaijan. "Bakcell" currently provides high-quality and high-speed telecommunication services to more than three million subscribers. The ...

National Depository Center transferred its IT systems to the "Government Cloud"

... The implementation of the Decree of the President of the Republic of Azerbaijan Ilham Aliyev No. 718 dated June 3, 2019, on the creation of the Government Cloud (G-cloud) and the provision of “cloud” services, continues. National Depository Center was the next state institution to transfer its information systems and resources to &qu ...

Collaboration with Invest in Visions facilitated by Agents for Impact: AccessBank Announces New Senior Loan Agreement of $10 Million

... AccessBank, one of Azerbaijan's leading financial institutions focused on financing micro, small and medium-sized enterprises (MSMEs), proudly announces the signing of a new senior loan agreement of $10 million with the Funds managed by Invest in Visions facilitated by Agents for Impact. This agreement will channel the funds into financing b ...

State Oil Fund of Azerbaijan's October 2024 currency sales

... The State Oil Fund of the Republic of Azerbaijan sold USD 174.4 million during October, 2024. ...

A meeting was held between NGOs of COP29 and COP30 host countries

... On November 1, 2024, Azerbaijani and Brazilian NGOs held a meeting to discuss joint efforts to combat climate change. At the meeting, Ramil Iskandarli, Chairman of the Board of the Azerbaijani National NGO Forum, the initiator of the COP29 NGO Coalition, Urfan Sarkarov, a member of the Forum, and Renata Koch, a member of the COP29 NGO Coalition, ...

AccessBank, with the support of the EBRD, launches the Access2Success project for the third time

... AccessBank is proud to announce the launch of the Access2Success project for the third time, aimed at supporting women entrepreneurs in Azerbaijan. This initiative will be implemented with the support of the European Bank for Reconstruction and Development (EBRD). Access2Success provides participants with essential resources, knowledge, and support ...

Mastercard and ABB launch Sustainability Hackathon

... 39;s commitment to build an inclusive, sustainable digital economy, where everyone has an opportunity to reach their potential.,” said Avsar Gürdal, General Manager for Mastercard Turkey & Azerbaijan. Fintech startups interested in participating can submit a brief proposal by 6th of November by visiting this link. For more details, pl ...

12th coupon payment on SOCAR bonds made

... $40 million of total income to investors since 2016. SOCAR bonds are available at SOCAR bond kiosks located in ASAN Service centers No 1 and 5 as well as through investment companies registered in Azerbaijan. For further information, please contact *1999 or visit socarcapital.az and socaristiqraz.az. It should be noted that official i ...

New AMADA Project: Celebrating the Essence of Clean Sports through Photography

... The Azerbaijan National Anti-Doping Agency (AMADA) and the Gilavar Photography Club are excited to announce the launch of the international photography contest, “Olympic Spirit: Beyond Victory and Defeat.” This unique competition seeks to highlight the values of clean sports and fair play by capturing powerful images, sharing them with ...

SOFAZ delegation had a working visit to Saudi Arabia

... A delegation led by Israfil Mammadov, CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), recently had a working visit to Saudi Arabia. This visit was a part of SOFAZ’s broader efforts to strengthen strategic partnerships within the global capital market and further diversify its investment portfolio. The delegation engaged in ...

Milli Majlis Speaker Sahiba Gafarova Meets with Kyrgyzstan Ambassador to Azerbaijan

... Speaker of the Milli Majlis Sahiba Gafarova has had a meeting with the Ambassador of Kyrgyzstan to Azerbaijan Maksat Mamytkanov. The common history, culture, language and religion of our nations having laid a solid foundation for the development of the relations between the two countries were mentioned during the meeting. The relations of the tw ...

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