Qatar Norway Azerbaijan to each get about $500 mln of VTB shares -CEO

Reuters - Tuesday 21st May, 2013

LONDON | Tue May 21, 2013 4:27am EDT LONDON May 21 (Reuters) - The sovereign wealth funds of Qatar, Norway and Azerbaijan will each get about $500 million of the new shares being issued by VTB, the Russian bank's chief executive Andrei Kostin said on Tuesday. The $500 million allocation is the "kind of ticket we are thinking of" Kostin told Reuters in London. The ...

Azerbaijan attends 32nd Turkish Day Parade - PHOTOS

News.Az - Tuesday 21st May, 2013

On 18 May, ambassador Elin Suleymanov and Azerbaijani MP Ganira Pashayeva attended 32nd Turkish Day Parade, the greatest cultural event of the Turkish world, that took place in New York. The parade held in downtown New York brought together thousands of people including Turkic-speaking nations living in the U.S. The parade participants watched a concert in Dag Hammarskjold, one of the ...

Governor of California congratulates people of Azerbaijan on Republic Day

News.Az - Tuesday 21st May, 2013

The Governor of California Jerry Brown has congratulated the people of Azerbaijan and the Azerbaijani community in California on the occasion of the 95th anniversary of the Azerbaijan Democratic Republic. In his letter sent to the Consulate General of Azerbaijan in Los Angeles, Governor Brown notes that Azerbaijan has a rich history and "the Azerbaijani people in California and throughout ...

Azerbaijan`s Minister of Health visits Hungary

News.Az - Tuesday 21st May, 2013

Azerbaijan`s Minister of Health Ogtay Shiraliyev has visited Hungary. During the visit, Ogtay Shiraliyev had a number of meetings with Hungarian dignitaries, including Hungarian Minister of Human Resources Zoltan Balog, State Secretary of the Prime Minister`s Office and co-chair of the Hungary-Azerbaijan joint economic commission Peter Szijjarto, to discuss bilateral cooperation in the health ...

Asia stocks fall ahead of Fed statements

Tampa Bay Online - Tuesday 21st May, 2013

The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than ...

Azerbaijan`s State Budget receives AZN 46694 mln in January-March 2013

News.Az - Tuesday 21st May, 2013

Azerbaijan`s state budget revenues in January-March, 2013, amounted to AZN 34669,4 mln, expenses - AZN 4514,8 mln. According to the State Statistical Committee, compared to last year budget revenues increased by 33.9%, while expenses rose by 58.8 % and made 1.2% of ...

IFC approves first loan on Azerbaijans energy efficiency

News.Az - Tuesday 21st May, 2013

IFC approves first loan to finance energy efficiency and alternative energy in Azerbaijan. The International Finance Corporation (IFC) has endorsed the first loan to finance into renewable energy and energy efficiency (RE/EE) in Azerbaijan. The IFC informs that on 17 May the Corporation`s Board of Directors endorsed a loan for Bank Respublika OJSC to finance energy efficiency and expand ...

Romanian presidential advisor Azerbaijan NATO enjoy good relations

News.Az - Tuesday 21st May, 2013

'Azerbaijan, NATO are enjoying good relations in different fields'. "Azerbaijan and NATO are enjoying good relations in different fields, particularly in the field of security. Azerbaijan is NATO`s partner in transportation of military equipments to Afghanistan. Azerbaijan is also enjoying cooperation with the European Union (EU), with the Eastern Partnership Program to be ...

Sri Lankan tour operators explore Bali with eye on joint ventures

Asia News Network - Monday 20th May, 2013

With the picturesque Bali Island in Indonesia, launching a massive tourism promotion, Sri Lankan tour operators were exploring the hitherto largely unexplored market, with a focus on joint ventures.A Business Seminar entitled "Bali Tourism Prospects Reaching Out To South and Central Asian Market", held at the Grand Kuta Bali Hotel last week, revealed that over 1300 Lankans had visited ...

Dollar rebounds in Asia as investors await Bernanke

General Sources - Monday 20th May, 2013

The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central bank chief and a policy meeting of the Japanese central bank. The dollar was changing hands at 102.61 yen in Tokyo morning trade, up from 102.26 yen in New York late Monday. The euro rose to 132.20 yen from 131.76 yen in New York while slipping to $1.2868 from $1.2884. The dollar ...

Azerbaijan hints at Eurovision vote breach

The Courier Mail - Monday 20th May, 2013

THE head of Azerbaijan's state broadcaster has questioned the vote tally in the Eurovision Song Contest where it embarrassingly gave "nul points" to the entry from neighbouring Russia. The broadcaster is claiming votes for Russia were apparently not taken into account. "It is of serious concern and surprise that at the final count of votes from Azerbaijan, Russia was not given ...