BAKU, Azerbaijan, December 5. A delegation from
the State Oil Fund of the Republic of Azerbaijan (SOFAZ), led by
Executive Director Israfil Mammadov, conducted a working visit to
Abu Dhabi, United Arab Emirates, Trend reports via the SOFAZ.
During the visit, the delegation met with leaders of leading
international institutions and major private partners to discuss
prospects for cooperation and investment.
The SOFAZ delegation met with Rolly van Rappard, co-founder and
chairman of the CVC Group. The meeting focused on the current state
of long-term cooperation between SOFAZ and CVC, potential
opportunities to expand the investment portfolio across different
asset classes, and new trends shaping global markets.
The delegation also held discussions with Michael Milken,
Chairman of the Milken Institute. Known for his significant
contributions to capital market development and long-standing
support of global initiatives in finance, healthcare, and
education, Milken discussed global trends affecting institutional
investors, sustainable investment practices, and strategic
directions across various regions. The parties also explored
possible avenues for future cooperation and experience
exchange.
SOFAZ reported that the delegation participated in the Middle
East & Africa Summit 2025, organized by the Milken Institute in Abu
Dhabi. During a panel discussion titled “Investment and Business
Ties Between Asia and the Middle East,” Deputy Executive Director
Rovshan Javadov highlighted the deepening economic cooperation
between Asia and the Middle East, noting the emergence of new
partnership models that strengthen capital flows, innovation, and
talent. He also emphasized the role of sovereign funds in
reinforcing regional value chains, supporting market integration,
and promoting economic diversification.
Javadov added that SOFAZ, guided by its long-term and
sustainable investment approach, continues to closely monitor
emerging opportunities across both regions.
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