Priority areas lending business of Gabala region.
According to experts of the National Fund for Entrepreneurship Support (NFES), it is most advantageous to invest public investment in modern agriculture intensive gardening in honey processing plant industrially. It is interesting from the point of view of return and livestock farms to small cattle farming and beekeeping.
According to official figures, the fund has financed since the beginning of the year 1397 investment projects totaling $ 145.3 million manats.
NFES was established in 1992 and active lending fund began in 2002. Issuance of loans to entrepreneurs 38th authorized banks and non-banking credit organizations.
In 2012 the fund to finance investment projects in 2400 allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats. - 17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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