business in the East

Israel reopens some businesses

Israel allowed some businesses to reopen on Sunday and said it was considering letting children return to school as part of trial efforts to ease coronavirus restrictions and help the country's struggling economy. After weeks …

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First Tesla online store opened in China

 U.S. electric car company Tesla announced that it opened its first online flagship store on China's leading e-commerce platform Tmall.com. Consumers can purchase auto parts and charging services as well as make test drive …

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Saudi Arabia suspends work in private sectors

Saudi Arabia suspended work in private sectors except health and food services for 15 days, state news agency reported on Wednesday. Saudi Arabia has reported 171 cases of coronavirus so far, and has taken measures to limit the …

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U.S. wants China to stop buying Iranian oil

Washington is consulting with Chinese colleagues to cut off oil supplies from Iran to China, U.S. Treasury Secretary Stephen Mnuchin said. He told Fox News that through sanctions Washington has now managed to "cut …

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The Economist’s names Uzbekistan country of the year

Uzbekistan has won the 'country of the year' award from The Economist. The edition annually awards the states achieving the biggest progress in democracy. The Economist said after dismissal of the State Security Service …

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"Caspian Convention lays groundwork for joint projects"

The Convention on the Status of the Caspian Sea, signed more than a year ago by the heads of the five Caspian littoral states, has laid the groundwork for for the active development of joint bilateral and multilateral projects in this region, the …

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China stops buying Iranian oil

China and a number of other states have stopped buying oil from Iran after the U.S. announced a decision not to extend exemptions from its sanctions for certain countries, the Wall Street Journal reported, citing sources in the Iranian oil …

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Georgia-Israel business forum to be held in Tbilisi

A Georgian-Israeli business forum, to be attended by about 100 entrepreneurs from Israel, will be held in Tbilisi tomorrow. The Israeli delegation will include large businessmen who have not previously had relations with Georgia. …

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Ashgabat to hold international trade fair in April

An international trade fair and conference 'Trade and Services - 2019' will be held in Ashgabat on April 10-11, 2019, Turkmenistan's Chamber of Commerce and Industry reported. The organizers of the fair will be the …

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 Georgian chamber of commerce opens in China

A Georgian chamber of commerce has opened in Guangzhou, China as part of the One Belt, One Road initiative of the Chinese President Xi Jinping aiming to enhance regional connectivity. Ambassador of Georgia to the Republic of China …

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Iran ready to meet Turkey's energy needs

Iranian President Hassan Rouhani said that Iran will be able to chance sanctions into opportunity to tie Iran-Turkey economies through a sound management, according to the presidential website. "Iran is ready …

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Boston to host U.S.-Caspian Innovation Summit

The U.S.-Caspian Innovation Summit will be held in Boston, Massachusetts on November 7. Jointly organized by the Caspian Policy Center, the U.S. Chamber of Commerce and the Embassies of Afghanistan, Azerbaijan, Georgia, Kazakhstan, …

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Kurdish racketeers detained in Ankara - media

At least 21 suspects were detained for extortion to help finance the PKK/KCK terrorist group after a huge dawn sweep across Ankara, security sources said. The sources, who spoke on condition of anonymity due to restrictions on talking …

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"Russia-Turkey relations are unique"

The Russian-Turkish cooperation plays a crucial role both in the economy and policy of the Eurasian macro-region, chairman of the Russian-Turkish Business Council Akhmet Palankoev and the expert on Russian-Turkish relations from …

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Russia to start importing gas from Turkmenistan?

The head of Russia's giant gas company Alexei Miller said it plans to resume imports from Turkmenistan after a three-year break over a pricing dispute. In an interview with Turkmenistan's state television …

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