From 23 to 26 October under the Caspian Construction Week three exhibitions - BakuBuild, Aqua-Therm Baku and CIPS Caspian to Baku will present the latest trends in their respective sectors. Caspian Construction Week will bring together in one exposure of over 450 companies from 29 countries.
19th Azerbaijan International Exhibition "Construction" will present a modern and advanced construction technology, a wide range of building materials. This year, the exhibition will feature national teams from Germany, Greece, Italy, Iran, Portugal, and Finland. Making its debut this year will be the national team of the United Arab Emirates. Local participants will occupy 38 % of the exhibition area.
On the same date will be 5th International Exhibition "Heating, Ventilation, Air Conditioning , Water Supply , Sanitation, Technology for Environmental Protection , Pools & Renewable Energy" Aqua-Therm Baku 2013 . Aqua-Therm Baku will gather on the platform of more than 70 companies from Azerbaijan, Iran, Spain, Italy, Russia, Turkey, France and other countries.
For those who see safety important, the 6th Caspian International Exhibition "Protection, Security and Rescue" CIPS 2013 will be interesting. It will be held on the same date. The exhibitors will be manufacturers of security systems, alarm systems, video cameras, access control equipment, fire safety systems and fire alarm systems and many others.
The organizers of BakuBuild the British company ITE Group PLC and its partner company Iteca Caspian LLC. -08D-
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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