On September 13, Ilham Aliyev met with Robert Smith, CEO of the major American investment firm Vista Equity Partners. The meeting focused on expanding cooperation between the Azerbaijan State Oil Fund and Vista. Robert Smith highlighted favorable opportunities for deepening this partnership and expressed confidence that the existing ties would strengthen in the future.
The announcement does not specify the details of the collaboration between Vista and the State Oil Fund of Azerbaijan. Vista Equity Partners is one of the world's largest private investment firms, known for acquiring struggling companies, financing and turning them profitable, and then selling them. The firm manages assets totaling $100 billion and has executed hundreds of investment projects worth $275 billion over its history.
It is possible that the Azerbaijan State Oil Fund will participate in some of Vista's deals as a partner, investing its capital in these ventures.
Politics
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This year, the laureate of the annual Nargiz Prize, awarded for efforts in the fight for democracy, was Akif Gurbanov, chairman of the board of the Resplatforma (Platform of the III Republic) movement, who is under arrest.
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The U.S. will prohibit the issuing of visas for nearly a dozen more individuals responsible for undermining democracy in Georgia, bringing the total number to over 100, TURAN's Washington correspondent reports.
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The President of Azerbaijan, Ilham Aliyev, has expressed condolences to the President of Germany, Frank-Walter Steinmeier, following the tragic incident in the city of Magdeburg. "We are deeply shocked by the news of the deaths and injuries resulting from the tragic incident that took place at the Christmas market in Magdeburg," the message reads.
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By the order of the head of state, Vusal Aslanov has been appointed Chairman of the Baku Metro CJSC.
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