'The leading mobile operator and provider of Internet services, Azercell has become an advocate for unification of Turkish investors and StartUp Azerbaijan.
According to the press release, the Center for Innovation Barama organized a meeting on July 6 owners popular in Turkey Project E-Toxum with young local representatives of the information sector.
During the mentoring session, Turkish entrepreneurs have approved several pans of a new wave of local entrepreneurs, inviting them to joint cooperation in several areas.
For those who are not familiar with the project E-Toxum, announce that in 5 years of existence it has attracted 40 means big business for the implementation of 200 major IT projects.
For more information, please visit news@mcs.az. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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