International Bank for Reconstruction and Development

• This follows the successful development of Garadagh, Azerbaijan's first foreign investment-based independent solar power project, and the largest solar plant in the region.
• The 1GW clean energy agreements were signed by Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, Azerbaijan Minister of Energy, HE Parviz Shahbazov and Azerbaijan Minister of the Economy, HE Mikayil Jabbarov.
• "The UAE is proud to support Azerbaijan's clean energy goals, to generate more than 30 percent of its overall energy capacity from renewables by 2030.
• Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "The inauguration of Garadagh, the largest operational plant in the region, is a milestone achievement.

• Georgia’s then-president, Mikhail Saakachvili, attempted to regain control of these territories, which represent 20% of Georgia’s surface area, but to no avail.
• At the instigation of Nicolas Sarkozy, then president of France, the European Union took on the role of mediator.
• Russia is still exerting pressure to penetrate further into the territory today through what is known as the technique of “frontierisation”.
• Russia’s objectives in the South Caucasus are similar to those that led to its invasion of Ukraine in 2022.

A crossroads of influence

• Turkish support serves Erdogan’s ambitions in Central Asia: to rebuild historical, cultural, linguistic, economic and political links with Turkic-speaking countries.
• Azerbaijan, even as it balances the interests of Turkey and Russia, has also been a partner of the European Union since 2022.
• The fastest route is the Baku-Tbilisi-Kars (BTK) rail link, which then leads to the Turkish ports or the undersea Marmaray train tunnel.

A fragile partnership

• EU countries are already among Georgia’s main trading partners, accounting for 17.7% of Georgian exports in 2021, followed by China (16.6%), Russia (13.3%), Azerbaijan (12.7%) and Turkey (8.7%).
• The European Commission’s opinion on Georgia’s application for membership defined twelve priorities that the country must meet in order to obtain candidate status.
• These include strengthening the independence of the anti-corruption authority, promoting gender equality and working toward the "de-oligarchisation” of the country.
• The demonstrations in March 2023 against the Russian-inspired “foreign agents” law showed the division of the country and the fragility of the situation.

• MIAMI, Aug. 8, 2023 /PRNewswire/ -- eMerge Americas , a venture-backed platform transforming Miami into a global tech hub, announced today that Melissa Medina , president of eMerge Americas and part of the founding executive team, will step into the Chief Executive Officer role and continue to serve as president.
• He has had an exponential impact on eMerge, and I'm incredibly proud of him as he transitions into this once-in-a-lifetime opportunity," said Medina.
• "It has been an honor and privilege to serve as CEO of eMerge Americas and work alongside Melissa over the last five years in helping build out our tech ecosystem," said Gorordo.
• The tenth anniversary eMerge Americas conference will be held during Miami Tech Month on April 18 - 19, 2024, at the Miami Convention Center.

• YEREVAN, Armenia, June 22, 2023 /PRNewswire/ -- Team Telecom Armenia, one of the largest telecommunication companies in Armenia, launched Initial Public Offering (IPO) with Ameriabank acting as the sole arranger for the process.
• Together, we will shape the future of Armenia's telecommunications sector," commented Hayk Yesayan, CEO of Team Telecom Armenia.
• Artak Hanesyan, CEO at Ameriabank, commented; "We are delighted to partner with Team Telecom Armenia and bring our expertise and network to ensure smooth execution of the company's IPO.
• The announced IPO is another milestone in the development of Team Telecom Armenia, following the $45 million financing program launched in May 2022.