From 2 to 4 April in Baku Expo Center starts the 9th Caucasian International Exhibition "Everything for Hotels, Restaurants and Supermarkets» Horex Caucasus 2015 – a specialized exhibition of hotel and restaurant industry .. The organizers of the exhibition are Iteca Caspian LLC and ITE Group PLC.
So, Horex Caucasus 2015 will represent leading companies from Azerbaijan, Italy, Korea, Lithuania, Russia and Turkey. Among the participants there are Afidamp, Asena, Ates Makine Kazan, Billur MS, Coffee Planet Azerbaijan, GMG, Gunesh, Guven Halicilik, HoReCa, Hotstar, HRS (Hotel & Restaurant Systems), Hurom, Inter Isi, JSC Refra, Kaan Celik Kasa, Lactalis, Netsa Metal, RULOPAK Hijyen
Sistemleri, Zama and others.
In the coming years in Azerbaijan there will be held numerous international events: First European Sport Games (2015), FIDE World Cup 2015, ADB Annual Meeting in 2015, World Championship Chess (2016), Stage of World Cup Racing Formula 1 (2016) and Islamic Solidarity Games (2017). In connection with these activities there is conducted intensive construction of hotels, restaurants, sports complexes and business centers, making it very expedient to hold an exhibition Horex Caucasus. ------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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