SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

The representatives of KOBİA visited Saudia Arabia 29.04.24

The 4th Council on Cooperation between Azerbaijan and Saudi Arabia was held.

The representatives from the Small and Medium Business Development Agency (KOBİA) visited Er-Riyadh, Kingdom of Saudi Arabia, to explore ways of collaboration and the execution of joint initiatives in the field of trade and investment aimed at fostering the growth of SMBs.

As part of the visit, the 4th meeting of the Azerbaijan-Saudi Arabia Cooperation Council was held.

The meeting convened with notable attendees such as Mr. Elnur Aliyev, the First Deputy Minister of Economy; Mr. Orhan Mammadov, Chairman of the Board of Directors of KOBİA; Ahmed Ali Dahiri, CEO of "Al Rajhi International for Investment"; and Mr. Yusuf Abdullayev, Director General of AZPROMO, the Export and Investment Promotion Agency. Deliberations focused on enhancing cooperation and ties between the two nations in the fields of trade, investment, and exports, including exploring business and investment opportunities in recently liberated territories. The agenda covered discussions on implementing collaborative initiatives and projects involving businessmen, reinforcing the role of the Cooperation Council between Azerbaijan and Saudi Arabia in these domains, and exchanging insights on the pivotal role of SMBs in driving investment.