(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 29. An investment
agreement has been signed between Azerbaijan Investment Company and
Israel's leading global capital crowdfunding platform - OurCrowd
company, Minister of Economy of Azerbaijan Mikayil Jabbarov said,
Trend reports via
his Twitter publication.
“In accordance with the document, Azerbaijan Investment Company
will invest in the startups of OurCrowd, which will contribute to
the Azerbaijani economy,” he said.
Meanwhile, according to the minister, recently Azerbaijan
Investment Company has recorded an increase in the investment
“As a result of the improvement of the activity and efficiency
of the Azerbaijan Investment Company, the company's investment
portfolio for 2021 increased by 12 percent. The net profit of the
company over the last two years amounted to 11.8 million manat
($6.9 million),” Jabbarov said.
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