business in Caucasus

US Congressman calls for sanctions against Ivanishvili

Representative Steve Russell, Republican of Oklahoma, introduced the Georgian Fair Business Practices Sanctions Act, which is a response to several examples of the Government of Georgia violating contracts with U.S. entities and …

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EU praises Azerbaijan potential in development of SMEs

Azerbaijan has great potential for the development of small and medium-sized businesses (SMEs) and the achievement of European indicators in this area, the head of Operations Section at the EU mission in Baku, Jeroen Willems said …

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 Tbilisi hosts Silk Road Forum

Georgia's capital Tbilisi is hosting the second Silk Road Forum. On November 28-29, government representatives and business leaders from more than 60 countries and more than 500 foreign companies are participating in two-day forum. …

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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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