SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

5th meeting of Azerbaijan-Saudi Arabia Working Group held 13.04.23

At the meeting of the Azerbaijan-Saudi Arabia Working Group, existing relations and cooperation opportunities in various sectors of the economy, including trade, investment, SMBs, and joint actions for expanding relations in relevant fields were discussed.

The 5th meeting of the Azerbaijan-Saudi Arabia Working Group was held in the city of Riyadh, Saudi Arabia.

Representatives of relevant institutions from both countries took part in the meeting held as part of the visit of businesspersons and representatives of business support institutions in Azerbaijan to Saudi Arabia.

At the meeting co-chaired by the Deputy Minister of International Relations of the Ministry of Investment of Saudi Arabia, Mohammad Al-Hassnah, and the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) of the Republic of Azerbaijan, Orkhan Mammadov, information was delivered on the activities of the Working Group in the past period, existing relations and opportunities for cooperation in various sectors of the economy, including trade, investment, SMBs, and joint measures for expanding business ties in relevant fields were discussed.

It is worth highlighting that the Azerbaijan-Saudi Arabia Working Group operates within the scope of the Joint Commission on cooperation between the Governments of the Republic of Azerbaijan and the Kingdom of Saudi Arabia in the fields of economy, trade, investment, technology, culture, sports and youth.