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TuranBank Signs a Letter of Intent Worth USD 15 Million with the Islamic Corporation for the Development of the Private Sector (ICD)

... ic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, have signed a Letter of Intent to attract USD 15 million in funding to supPort private sector projects in Azerbaijan. The signing ceremony took place at the opening event of the Private Sector Forum, held as part of the I ...

Baku Stock Exchange Management met with the leadership of the Turkic Investment Fund

... with the leadership of the Turkic Investment Fund during their visit to Baku for the Annual Meetings of the Islamic Development Bank Group, held from June 16 to 19, 2026. The meeting provided an opPortunity to introduce the activities and strategic priorities of both institutions and to exchange views on the development of capital markets, inves ...

PASHA Bank senior executives attend Strategic Leadership Summit in London

... ew business models. The summit was regarded as a valuable platform for strengthening the partnership between PASHA Group and BNY, expanding experience sharing, and exploring future collaboration opPortunities. The parties emphasized the imPortance of global expertise and international cooperation in driving innovation. In conclusion, particip ...

Memorandum of Understanding Signed Between SOCAR and ICD

... oup, a Memorandum of Understanding was signed between SOCAR and the Islamic Corporation for the Development of the Private Sector (ICD). The document envisages the joint exploration of financing opPortunities for public-private partnership (PPP) projects in Azerbaijan and other ICD member countries. Under the Memorandum of Understanding, the ...

Azerbaijan represented at the 4th session of the Council of the International Association of Marine Aids to Navigation and Lighthouse Authorities

... The representative of the State Maritime and Port Agency, Director of the Vessel Traffic Management Center, and master mariner Mazahir Niftiyev represented our country in Paris at the 4th session of the Council of the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA). The session covered discussions on issu ...

BHOS Student Accepted to 10 Most Prestigious Universities

... achieved numerous accomplishments: He was awarded the Cybersecurity Scholarship from bp and Prosol companies, as well as the Technest Scholarship from the Ministry of Digital Development and TransPort. Elmir was invited to present a research paper on cyber incident management at the International Astronautical Congress. The team he led won t ...

BSU Marks the 15th Anniversary of the Confucius Institute

... y of the Confucius Institute. Speaking at the ceremony, BSU Rector Elchin Babayev noted that the institute, established in 2011 through the partnership between BSU and Anhui University with the supPort of Hanban, has become a leading center for Chinese language education and cultural exchange in Azerbaijan. He emphasized that over the past 15 ye ...

BSU Hosts Delegation from Anhui University

... University has become one of BSU’s key partners in China. During the meeting, the parties discussed prospects for expanding student and faculty exchange programs, exploring new dual-degree opPortunities, implementing joint research projects, establishing a joint research laboratory, and participating together in international grant program ...

SOCAR President Meets with President and Chief Executive Officer of IPA

... On 16 June 2026, SOCAR President Rovshan Najaf met with Nekkhil Mishra, President and Chief Executive Officer of Independent Project Analysis, Inc. (IPA). The parties reviewed opPortunities for cooperation in enhancing project management systems, improving the efficiency of investment initiatives and capital expenditures, and discussed the appli ...

LANDAU School students participated in the internship program at Yelo Bank

... Yelo Bank, which constantly supPorts the development of youth and enhances financial literacy, has implemented its next social project. This time, the bank opened its doors to the students of LANDAU School. As part of the one-week program, students visited various structures of the Bank every day, closely observed internal business processes, an ...

Mastercard SME Confidence Index: Azerbaijani SMEs embrace digital transformation while seeking greater access to finance

... - 84% of Azerbaijani SMEs say digital and online payments are imPortant for business growth - 53% identify easier access to financial services and credit as the area with the highest potential for growth - 54% are already taking steps to facilitate digital payments and modernize their operations Azerbaijani small and medium-sized enterpris ...

AzInTelecom blocks more than 73,000 cloned IMEI codes

... “AzInTelecom” LLC, a company within AZCON Holding, continues its efforts to prevent the registration of mobile devices imPorted into Azerbaijan using fraudulent IMEI codes. As part of these measures, 73,056 copied IMEI codes have been assigned “clone” status and blocked. Investigations revealed that there had been 1,574,0 ...

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