New investment company registered in Azerbaijan

The State Tax Service (STS) under the Ministry of Economy of Azerbaijan has registered the NovoCapital CJSC investment company, Trend reports.

The authorized capital of the company is 300,000 manat ($176,470), and its official representative is Hamdulla Azizov.

NovoCapital's legal address: 103 Mir Jalal str., Binagadi district, Baku city.

As of now, the Central Bank of Azerbaijan has issued licenses to 12 investment companies:

- PASHA Capital Investment Company CJSC,

- ABB-Invest Investment Company CJSC,

- Unicapital Investment Company OJSC,

- CPM-Invest Investment Company CJSC,

- AzFinance Investment Company CJSC,

- Invest-AZ Investment Company CJSC,

- BTB Capital Investment Company,

- Capital Partners Investment Company,

- Xalq Kapital Investment Company CJSC,

- PSG Kapital Investment Company,

- MFX-Trading Investment Company,

- Troni Investment Company JSC.

Source: Trend News Agency

Oil prices fall in world markets

The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.28 to trade at $75.58, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.31 to stand at $71.55.

Source: Azerbaijan State News Agency

World Bee Day 2023: Bees and pollinators need responsible agriculture that supports their role in nature

The Food and Agriculture Organization of the United Nations (FAO) has marked World Bee Day 2023 with a global ceremony in which participants emphasized the importance of promoting sustainable agricultural practices that respect the vital role pollinators play in nature, according to the official website of the Organization. Pollination is essential for the maintenance of plant biodiversity, the survival of our ecosystems. About 75 percent of the world's crops - which produce fruits and other seeds for human consumption - depend, at least in part, on pollinators including bees. Under the theme "Bee engaged in pollinator-friendly agricultural production', World Bee Day 2023 draws attention to the threats endangering these insects and the need to address them. 'Protecting bees and other pollinators is essential to guarantee agricultural production, food security, ecosystems restoration and at large plant health ,' FAO Director-General QU Dongyu said in his opening remarks at the event held on the eve of the official day, which annually falls on 20 May as designated by the United Nations. Pollinator-friendly practices 'include crop rotation and diversity, reducing the use of pesticides, and restoring and protecting the habitat of pollinators,' Qu added, noting that 'even the adoption of precision agriculture tools and innovation can protect bees. Using technology and data to optimize fertilizer and irrigation practices can reduce excessive nutrients and chemicals in water, which harm pollinators and their habitats.' 'World Bee Day has contributed significantly to raising awareness of the importance of bees and other pollinators and to promoting international cooperation to protect them,' said Nataša Pirc Musar, President of the Republic of Slovenia, the country to initiate the establishment of a World Bee Day in 2016 at the FAO Regional Conference for Europe. 'Slovenia alone has co-created more than 300 pollinator projects with partners on all continents. Pollinators have made their way into many more school curricula, political debates, research agendas, business plans and agricultural practices,' she added. The event was also attended by the Permanent Representative of the People's Republic of China to the FAO, GUANG Defu. In a panel discussion, bee and pollinator experts from around the world highlighted how unsustainable agriculture and pesticide abuse contribute to bees' and other pollinators' reduced access to food and nesting sites, exposing them to harmful chemicals that weaken their immune systems, sometimes going so far as to kill them. They also noted how intensive monoculture production often leads to the elimination of natural areas rich in flowering plants, which are replaced by a single large crop, making significant damage to biodiversity and ecosystems.

Source: Azerbaijan State News Agency

President Ilham Aliyev continues to receive letters on occasion of May 28 – Independence Day

Indonesian President Joko Widodo has sent a congratulatory letter to President Ilham Aliyev on the occasion of May 28 - Azerbaijan's Independence Day, Trend reports.

"Your Excellency,

On behalf of the Republic of Indonesia and on my personal behalf, I cordially congratulate Your Excellency and the people of the Republic of Azerbaijan on the occasion of the Independence Day of the Republic of Azerbaijan, which is celebrated on May 28.

I sincerely hope that our two nations` friendly relations will continue to grow and to contribute in the promotion of peace and prosperity in our respective regions.

Please accept, Excellency, the assurances of my highest consideration," the letter said.

Prime Minister of the Republic of Iraq Mohammed Shia' Al Sudani has sent a congratulatory letter to President Ilham Aliyev on the occasion of May 28 - Azerbaijan's Independence Day.

"Dear Mr. President,

On my own behalf and on behalf of the government and people of the Republic of Iraq, I extend my sincerest congratulations and best wishes to you on the occasion of the national day of the Republic of Azerbaijan – the Independence Day.

Taking this opportunity, I express the depth of cooperation between our friendly countries and peoples, and wish the government and people of Azerbaijan prosperity and progress.

With deep respect and appreciation," the letter said.

Source: Trend News Agency

Preliminary result of Azerbaijani gymnast Zohra Aghamirova’s performance in individual all-round final at European Championship in Baku revealed

Azerbaijani senior Zohra Aghamirova has performed in the final of the individual all-around (hoop, ball, clubs, ribbon) on the fourth day of the 39th European Championship in Rhythmic Gymnastics in Baku, Trend reports.

Aghamirova received 29.800 points for the ribbon exercise, 29.650 points for the hoop program, 31.300 points for the ball composition, and 31.650 points for the clubs exercise. The result of the Azerbaijani athlete in the all-around was 122.400 points. According to preliminary results, Aghamirova is ranking second.

Totally, 24 gymnasts are competing in the final of the individual all-around. The winners will be determined after 18:00 (GMT +4).

Meanwhile, qualification competitions among senior teams in group exercises will start at 19:00 and Azerbaijani team will start performing after 21:00 (GMT+4).

According to the results of the qualification, winners and prize-winners in the all-around among teams in group exercises, finalists in exercises with five hoops, as well as with three ribbons and two balls will be determined. The junior team in group exercises include Gullu Aghalarzade, Laman Alimuradova, Kamilla Aliyeva, Zeynab Hummatova, Yelizaveta Luzan and Darya Sorokina.

The 39th European Championship in Rhythmic Gymnastics is being held on May 17-21 at the National Gymnastics Arena in Baku. Gymnasts from 38 countries are participating in the European Championship in Baku, held under the "Shine like a star" motto.

Currently, the Azerbaijani national team has two bronze medals at the championship - in the all-around and in the five-ball program, won by the junior team in group exercises consisting of Govhar Ibrahimova, Sakinakhanim Ismailzada, Madina Aslanova, Ilaha Bahadirova, Ayan Sadigova and Zahra Jafarova.

Source: Trend News Agency

From His Majesty Charles III, King of the United Kingdom of Great Britain and Northern Ireland

His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan Your Excellency, I would like to extend my warmest congratulations to Your Excellency and the people of the Republic of Azerbaijan on this special day for your country as it marks its National Day. I look forward to the continuing warm friendship and the strong partnership between our two countries, as we face these challenging times. Sincerely, His Majesty Charles III King of the United Kingdom of Great Britain and Northern Ireland

Source: Azerbaijan State News Agency

Meloni: G7 summit in 2024 to take place in Puglia, Italy

Italian Prime Minister Giorgia Meloni at the Group of Seven (G7) summit in Hiroshima announced that the next year's event will be held in Italy's southern region of Puglia, APA reports citing Teletrader.

The meeting is scheduled to take place in mid-June 2024, with the specific location yet to be determined. Meloni emphasized the significance of choosing Puglia for the meeting, highlighting the region's role as a "bridge between the West and the East."

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Meloni said that the exact timing of the summit will be determined based on the date of the European elections, which are expected to take place on June 9-10.

Source: Azeri-Press News Agency