The Maserati showroom opened in Baku, on Ataturk Avenue today. These Italian cars, as opposed to mass-produced goods, are exclusive brands, which are produced not more than 10,000 units per annum.
The official representative of the car company in Azerbaijan, Crystal Motors offers customers two models of Maserati - GranTurismo Sport and GranCabrio Fendi. In Baku, the models are, respectively, 160,000 and 140,000 manat. According to the Maserati brand manager in Baku, Huseyn Makhmudov, this year GranTurismo Sport was released only in 50 copies. Azerbaijan is the only country in the former Soviet Union, where motorists can see this model
Crystal Motors Company is also a distributor of Jaguar, Range Rover, Land Rover, as well as the motorcycle Ducati.-0--
Economics
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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At the COP29 event titled "Climate Finance Landscape in the South Caucasus and Central Asia" held on November 14, Roland Price, Regional Director of the World Bank for the South Caucasus, highlighted the substantial economic and environmental damage faced by the countries of the South Caucasus, which she estimated at around $100 million annually.
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SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has signed a series of agreements at the COP29 summit aimed at bolstering the development of renewable energy sources, enhancing energy efficiency, and promoting sustainable growth in Azerbaijan.
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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