Frankfurt-based Rating-Agentur Expert (RAEX) confirmed Armenia's sovereign government credit rating (SGC) at 'BB-' (sufficient level of creditworthiness of the government) in national currency and foreign currency.
Four Azerbaijani banks – Atabank, AGBank, NBCBank, and Amrah Bank – which are among the country's 15 largest financial institutions, were taken into temporary administration by the Central Bank of Azerbaijan (CBA) on April 27.
The Astana Financial Services Authority (AFSA), the independent regulator of the Astana International Financial Centre (AIFC), and the Securities and Exchange Board of India (SEBI), which regulates the securities markets in India, have entered into a Memorandum of Underst
Georgia is ranked 7th among 190 countries in the 2020 World Bank Doing Business report. The project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
The first ever Technological Park of software products and information technologies in Uzbekistan opened in Tashkent on July 24.
The first ever exchange-traded fund (ETF) to be traded on Kazakhstan’s Astana International Exchange (AIX) was launched on Wednesday (July 3) by ITI Funds, an emerging market asset manager.
The Azerbaijan startup ecosystem is ranked 47 globally, among 188 countries, according to a new list published by the Global Startup Ranking.
Oil and oil-related shipments from Georgia’s Black Sea port of Batumi dropped 29 percent in the first three months of 2019 from a year earlier, an official at the terminal -operated by Kazakh KazMunaiGas, the state-owned oil and gas company of Kazakhstan- told Reuters.
For the first time in Armenia a strategic foreign investor, Chaarat Gold Holdings Ltd, acquired an Armenian mining company through joint financing of three local banks.
Kazakhstan will expand the geography of non-primary exports this year, Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov said on Jan. 28 at a press conference held at the press centre of the Government in Astana.