business in Caucasus

Russian and Azerbaijani businessmen to meet in Baku

A business meeting between Azerbaijani and Russian businessmen will be held in the Baku Business Center on November 16, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said in a message. The meeting was organized …

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 Azerbaijan becoming more attractive for business

Azerbaijan is among notable reformers in Europe and Central Asia region, the World Bank said in its Doing Business 2018 report. Azerbaijan ranked 57th among 190 countries in the Doing Business 2018. The distance to frontier score stood …

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Ivanishvili increases his wealth by $300 million

Former Prime Minister of Georgia Bidzina Ivanishvili increased his wealth by $300 million last year, according to the Bloomberg Billionaires Index. Ivanishvil's wealth is estimated at $5.72 billion (the 305th …

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Saudi Arabia interested in Georgian market

Saudi Arabia is interested in Georgian market, executive director of Al-Bawani Group Fakher al-Shawafi said during the visit of delegation of Arab investors to Tbilisi. They met with Prime Minister Giorgi …

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Azerbaijani businessmen to visit Hungary

In early October, an export mission of Azerbaijani businessmen will arrive in Budapest. The visit will last from October 1 to 4.  The entrepreneurs of the export mission specialize in the production of fruits and vegetables, …

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Armenia to introduce business ombudsperson position

The Armenian government’s program for 2017-2022, approved today, calls for the creation of position of "business ombudsperson."   The government will develop a draft law on the defender of interests of entrepreneurs …

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Georgia among best European countries for business

The EuCham, which ranks European countries based on their business environment ranked Georgia 20th amongst 46 countries after it moved up four places by gaining 68.6 in the scores. An economy’s EuCham score is reflected by a scale …

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