SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

Meeting of the Azerbaijan-Saudi Arabia Joint Business Council to be held 21.02.23

In the forthcoming months, the first meeting of the Azerbaijan-Saudi Arabia Joint Business Council will be held in the city of Riyadh. In this respect, a discussion was held in an online meeting between the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) Orkhan Mammadov and the co-chairman of the Business Council of Saudi Arabia, the chief executive officer of "Al Rajhi International for Investment" (RAII) Ahmed Ali Al Dakhil.

At the meeting, which was held with the attendance of representatives of the Federation of Chambers of Saudi Arabia, the agenda of the meeting of the business council, issues of membership in the council and joint initiatives were exchanged.

It is worth noting that the Azerbaijan-Saudi Arabia Joint Business Council was established in December 2022 under the Agreement signed between KOBİA and the Federation of Chambers of Saudi Arabia. The Azerbaijan-Saudi Arabia Joint Business Council, which will be represented by businesspersons from both countries, will support entrepreneurs' initiatives, help to establish direct ties between them, organize mutual visits, meetings and various events, and exchange information between businessmen.