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Kobia

Promoting free enterprise and liberal economic reforms in Azerbaijan

Over the past two decades, Azerbaijan has implemented a broad range of economic reforms aimed at strengthening free enterprise, supporting private sector growth, and building a more liberal, market-oriented economic system. Following independence and the transition from a centrally planned model, the country gradually introduced policies designed to reduce administrative barriers, attract investment, stimulate entrepreneurship, and diversify the economy beyond oil and gas revenues.

18 Feb 2026-10:03
Omani delegation tours SME House in Baku

A delegation from Oman’s Ministry of Commerce, Industry, and Investment Promotion visited the Baku SME House on Monday to learn about its operations and activities.

22 Dec 2025-19:45
Azerbaijan and UAE launch Joint Business Council

A Joint Business Council has been established between Azerbaijan and the United Arab Emirates (UAE) to enhance economic cooperation and bilateral trade.

17 Sep 2025-18:57
COP29 highlights role of SMEs in green economy

Panel discussions on the "Role of SMEs in the Green Economy," organized by KOBIA, took place during COP29 in Baku, News.az reports.

16 Nov 2024-17:05
‘KOBIA open to welcoming more Pakistani companies in Azerbaijan’

“Azerbaijan and Pakistan share a deep bond of friendship, strategic partnership, and mutual respect,” stated Orkhan Mammadov, Chairman of Azerbaijan’s Small and Medium Business Development Agency (KOBIA), during the Azerbaijan-Pakistan Business Forum in Baku on Monday.

16 Sep 2024-20:18
Azerbaijani startups: The main driver of economic growth

By Sabina Alizade

In recent years, Azerbaijan has been actively developing its startup ecosystem, giving young entrepreneurs the opportunity to turn their ideas into successful business projects. One of the main participants in this process is the Startup Azerbaijan project, which aims to improve the investment environment in the information and communication technology (ICT) sector and support innovative ideas.

03 Jun 2024-06:15
Azerbaijan’s KOBIA, Russian organizations sign documents on joint collaboration

29 Feb 2024-09:33
Azerbaijan's KOBIA, Czech Engineering Company ink protocol of intent

08 Aug 2023-09:53
Azerbaijan’s KOBIA, Turkish Airlines discuss opportunities for cooperation

07 Aug 2023-13:29
KOBIA, Türkiye’s Titra Technology exchange views on use of modern technologies

01 Aug 2023-12:00

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