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Nazrin AbdulAzerNews |
The Asset Integrity & Corrosion and Coatings Conference (AICC), hosted by the State Oil Company of the Republic of Azerbaijan (SOCAR), concluded this...

The scale of the initiative reflects its strategic nature. With 53 agroparks covering 233 thousand hectares -130 thousand of them already under...

Strong capitalisation across the sector will continue to support credit growth, shareholder distributions, and investment in innovation, particularly...

According to the data as of October 2025, the total electricity generation capacity of Azerbaijan has reached 9,732.5 MW, marking an increase of 1,317...

It is no secret that digitalization has become an inseparable part of modern life. We are entering an era in which digital power and technological...

According to Fitch Solutions, Azerbaijan’s GDP is expected to grow by 2.6% in 2025 and 2.4% in 2026, reflecting a slowdown due to lower oil...

OPEC , which collectively produces about half of the world’s oil, has adopted a cautious posture. Member states have kept in place roughly 3.24...

Baku’s role as the host of the World Telecommunication Development Conference (WTDC) this year underscores its growing status not only as a regional...

Azerbaijan’s non-oil sector exports reached 2.99 billion US dollars in January–October 2025, reflecting a 6.6 percent increase from the same...

Azerbaijan’s banking sector is demonstrating renewed resilience and disciplined growth, supported by stronger capital buffers, rising credit...

Azerbaijan is taking decisive steps to reduce its traditional reliance on oil and gas revenues, recognising economic diversification as a cornerstone...

In the era of rapid technological advancement, digitalization is no longer a luxury but a strategic necessity. The integration of digital tools and...

Azerbaijan, located on the western shore of the Caspian Sea, has long been defined by its abundant natural resources and its pivotal role in shaping...

As Azerbaijan accelerates efforts to diversify its economy and reduce its dependence on hydrocarbons, a new World Bank report offers timely insights...

As the international community focuses on COP30 in Belém, Brazil, comparisons with last year’s COP29 in Baku naturally arise. A minor fire incident...

In today’s complex global landscape, small states often face the challenge of navigating international norms while advancing national interests....

More than 17.1 billion manat, or over 41% of all government spending, is directed toward social expenditures. In practical terms, this means that...

As the global energy landscape undergoes a profound transformation, Azerbaijan is emerging not only as a traditional energy supplier but also as a key...

S&P Global Ratings anticipates a gradual decline in SOCAR’s hydrocarbon production under its current operational model. SOCAR’s 2024 production...

Railways remain a backbone of Azerbaijan’s transit strategy. From January to October this year, 5.9 million tons of international cargo worth $2.5...

Today, reconstruction and development work in these territories is progressing rapidly. New factories are opening, residents are being provided with...

Since 1999, ADB has invested $5.5 billion in the country through 145 loans, grants, and technical-assistance projects, helping to modernize transport...

Today marked a historic milestone for Azerbaijan, as the country was officially admitted as a full-fledged member of the Central Asia Consultative...

While states often interact primarily through economic interests on the international stage, the relationship between Azerbaijan and Uzbekistan...

Azerbaijan is increasingly proving that its economic significance extends far beyond oil and gas. Historically positioned at the crossroads of East...

Looking ahead to 2026, inflation is expected to ease slightly to 5.7%, driven by household consumption ( 1.11 p.p.), agricultural producer prices (...

Citizen welfare remains the central focus of the state’s socio-economic policy. As developing countries face increasing global competitiveness, the...

According to the ASM2025 report, micro, small, and medium-sized enterprises (MSMEs) accounted for 99.7% of all registered enterprises in Azerbaijan by...

The railway is designed to accommodate 5.5 million passengers and 15 million tons of cargo annually, with trains capable of speeds up to 160...

Tourism has long stood as a cornerstone of Azerbaijan’s economic diversification strategy, serving both as a vital non-oil revenue source and as a...

The Green Energy Corridor originates from the Strategic Partnership Agreement on the Development and Transmission of Green Energy, signed by...

Globally, governments and businesses recognize AI as a key driver of economic growth. According to a report by the European Commission’s Joint...

In an era defined by rapid technological competition and global digital transformation, Azerbaijan is positioning science and innovation as key...

Azerbaijan and China are strengthening their cooperation in the field of renewable energy, deepening a partnership that reflects both countries’...

Operational results show significant progress. In the first nine months of 2025, ADY handled 296 block trains, including 113 transit trains,...

As Azerbaijan accelerates its green transition, the Alat Free Economic Zone (AFEZ) is rapidly positioning itself as the country’s flagship platform...

Despite a decline in oil revenues, macroeconomic buffers remain substantial. State Oil Fund (SOFAZ) reserves reached $65 billion—equivalent to 88%...

The study concluded that Azerbaijan’s abundant offshore wind and solar potential, combined with access to depleted oil and gas fields, provides a...

Azerbaijan’s foremost national priority today is the comprehensive development of its ancient and historic lands - the territories of Garabagh and...

Azerbaijan’s focus on industrialization and economic diversification is emerging not merely as a policy directive but as a strategic imperative. In...

International financial institutions are stepping up their green investment efforts in Azerbaijan, aligning closely with the country’s strategic...

Between 2004 and 2024, Azerbaijan’s economy expanded nearly fourfold, with notable growth in the non-oil sector- a key indicator of economic...

As global trade routes continue to shift under the weight of geopolitical uncertainty, Azerbaijan is accelerating its efforts to transform the Middle...

Climate action has become a cornerstone of Azerbaijan’s national agenda, reflecting the country’s commitment to global sustainability goals....

Azerbaijan and Kazakhstan, two Caspian neighbors with deep historical, cultural, and economic ties, are accelerating their cooperation in both...

In an era where the global energy landscape is defined by decarbonization, supply diversification, and geopolitical rebalancing, Azerbaijan is...

The most immediate indicator of progress is the significant increase in national electricity generation capacity. As of this year, Azerbaijan’s...

Azerbaijan is witnessing a notable transformation in its investment landscape. Over the first nine months of 2025, foreign investments in the...

Azerbaijan’s foreign trade performance continued to show resilience and strategic diversification in the first nine months of 2025, with notable...

The 3rd National Urban Forum of Azerbaijan (NUFA3), held under the theme “Towards Climate-Resilient and Healthy Cities: Regional Partnerships and...
