In Baku State University, Azerbaijan-Korean Center for Information Management has been reconstructed.
According to the Rector of the University Abel Maharramov at the opening ceremony, the center consists of three rooms: Seminar, Training Laboratory of Communications and Information Technology, as well as room service users online. The laboratory is equipped with the 75 th new generation computers and two widescreen projectors. Internet hall can accommodate all the students and teachers who want to find the scientific information after hours.
For the creation of the Center the Korean government allocated $ 250 thousand and for the reconstruction it provided one more grant of $ 250 thousand. -17C-
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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