The Ministry of Economic Development will hold on October 20 in Baku Business Center a job fair for graduates of foreign universities, who studied in the framework of the State Program on Education Abroad.
The press service of the Ministry of Economic Development told Turan that the fair offers jobs at about 50 local and foreign companies in various specialties in the areas of operation of oil and gas, energy, transport, communications, information technology, banking, tourism, agriculture and construction.
The State Program of Youth Education Abroad has been implemented since 2007. At the beginning of 2012 under the state program 23 countries enrolled 853 students mainly in the field of medicine, management, and ICT engineering. According to the Ministry of Education, a portion of the 322 graduates that studied abroad are enrolled in master's and doctoral programs, and the rest are employed in the public and private sectors. - 08B-
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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