ECONOMY
Minister: 26 Saudi companies operate in Azerbaijan
Baku, March 13, AZERTAC
“There are as many as 26 Saudi Arabian companies in Azerbaijan,” said Azerbaijan’s Minister of Economy Shahin Mustafayev.
He hailed relations between the two countries’ business communities. Mustafayev said Saudi companies have invested $370 million in Azerbaijan`s economy so far.
“Through the successful financial cooperation with the Saudi Fund for Development, we have constructed schools, canals and roads and are now implementing a project of reconstruction of water supply and sanitation systems,” the minister said.
Mustafayev noted that Azerbaijan welcomes the Riyadh Chamber of Commerce and Industry’s proposal to establish a joint business council with Azerbaijan with the aim of developing bilateral relations in a variety of areas.
FEEDBACK
Other news in this section
- 25.04.2024 [14:20]
Azerbaijan, Kyrgyzstan discuss digital transformation
- 25.04.2024 [14:12]
Hungary eager to increase gas supply from Azerbaijan
- 25.04.2024 [12:11]
Oil prices surge in global markets
- 25.04.2024 [11:56]
Azerbaijan, Algeria discuss energy cooperation
- 25.04.2024 [10:21]
Azerbaijani oil sells for $89.49
- 24.04.2024 [20:28]
® Bakcell is inviting the entire country to the concert at Boulevard
- 24.04.2024 [20:23]
® Birbank Business’s special “Welcome” campaign for new customers
- 24.04.2024 [18:11]
Azerbaijan-Hungary Energy Working Group convenes fourth meeting
Iraqi President invited to COP29
- [12:45]
Kyrgyz Cinema Days open in Baku
- [11:27]
Azerbaijani oil sells for $89.49
- [10:21]
® Bakcell is inviting the entire country to the concert at Boulevard
- 24.04.2024 [20:28]
® Birbank Business’s special “Welcome” campaign for new customers
- 24.04.2024 [20:23]
Kyrgyz President Sadyr Zhaparov pays tribute to Azerbaijani martyrs
- 24.04.2024 [19:06]
Kyrgyz President Sadyr Zhaparov pays respect to Great Leader Heydar Aliyev
- 24.04.2024 [18:55]
US Congress members informed about Azerbaijan-Armenia peace process
- 24.04.2024 [18:31]
Azerbaijan-Hungary Energy Working Group convenes fourth meeting
- 24.04.2024 [18:11]
AZERTAC hosts meeting with Uzbek journalists VIDEO
- 24.04.2024 [17:24]
Court investigates business corruption accusation against wife of Spanish PM
- 24.04.2024 [16:57]
Hungarian foreign minister to visit Azerbaijan
- 24.04.2024 [16:42]
Türkiye rejects ‘one-sided’ statements on 1915 events
- 24.04.2024 [16:22]
Azerbaijani rowers aim for 'medal rush' in Hungarian tournaments
- 24.04.2024 [16:11]
Azerbaijani tennis player grabs bronze at WTT Youth Contender Spa 2024
- 24.04.2024 [15:47]
Azerbaijan and Kyrgyzstan signed documents VIDEO
- 24.04.2024 [15:34]
Azerbaijan’s Naval Forces and MES hold Wave-2024 joint tactical exercise
- 24.04.2024 [14:04]
President of Azerbaijan invited his Kyrgyz counterpart to COP29
- 24.04.2024 [13:55]
International experts convene for conference in Azerbaijan’s Lachin
- 24.04.2024 [13:50]
Azerbaijani ambassador presents his credentials to President of Gambia
- 24.04.2024 [12:57]
BHOS hosts opening of International Scientific Conferences
- 24.04.2024 [12:49]
® Nar presents new books to a school in Fuzuli
- 24.04.2024 [12:38]
Presidents of Azerbaijan and Kyrgyzstan held meeting in limited format VIDEO
- 24.04.2024 [12:30]
Oil prices go up in global markets
- 24.04.2024 [11:49]
Chairman of Presidency of Bosnia and Herzegovina invited to COP29
- 24.04.2024 [11:46]
President of Kyrgyzstan Sadyr Zhaparov arrives in Azerbaijan for state visit
- 24.04.2024 [11:30]
Havertz scores 2 as Arsenal routs Chelsea 5-0 to cement Premier League lead
- 24.04.2024 [11:08]
China to launch Shenzhou-18 crewed spaceship on April 25
- 24.04.2024 [10:54]
Azerbaijani oil price exceeds 89 dollars
- 24.04.2024 [10:43]
President Ilham Aliyev: We never forgot about issue of four villages
- 24.04.2024 [00:14]