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Nazrin AbdulAzerNews |
Tourism and air connectivity are also receiving attention. In 2025, Azerbaijani and Jordanian airlines operated direct flights between Baku and Amman,...

A flagship initiative in this regard is the Caspian Green Energy Corridor, for which ADB is providing $1.2 million in technical assistance. In April...

As of December 1, 2025, the volume of loans extended to medium-sized businesses in Azerbaijan reached 2.279 billion manat, marking a modest monthly...

Assistive technologies (AT) are increasingly recognized as essential tools for improving quality of life, enhancing workforce participation, and...

If a country is chosen to host global sports events and international competitions, it reflects the trust and confidence the international community...

Trade turnover between the two countries reached $2.44 billion from January to October, marking a 21.9% increase over the same period in 2024 and...

One of the key drivers behind S&P’s assessment is the noticeable easing of tensions between Azerbaijan and Armenia. Progress toward a peace...

The large-scale reconstruction and revitalization underway in Azerbaijan’s liberated territories vividly demonstrate the country’s growing state...

The Second Azerbaijan–Türkiye Investment Forum is being held in Baku with the joint support of Azerbaijan’s Ministry of Economy and Türkiye’s...

Speaking to journalists at the 2nd Azerbaijan-Turkiye Investment Forum in Baku, Turkiye’s Minister of Trade Ömer Bolat highlighted the growing...

Azerbaijan’s growing role as a trusted host of major international forums is not accidental. It reflects a combination of political stability,...

Azerbaijan has been a member of the ADB since 1999, with the bank investing around $5.6 billion in the country - $4.4 billion in the public sector and...

Azerbaijan’s strategic location at the crossroads of Europe and Asia has steadily elevated its role as a key transit hub. The country’s modern...

Relations between Azerbaijan and the United Arab Emirates have steadily evolved into a strong and forward-looking partnership grounded in mutual...

In today’s world, it is difficult to imagine economic life without digitalization. Rapid technological progress has reshaped not only everyday...

As oil and gas assets age and safety expectations rise, the industry is turning to advanced technologies to monitor corrosion more effectively. In an...

Asset integrity, corrosion management, and advanced coating technologies are essential pillars of safety and operational excellence in the global oil...

Through the regional technical assistance initiative “Private Sector Development: Capital Market Reforms, Efficient Allocation of Resources, and...

At the Asset Integrity & Corrosion Conference (AICC 2025), Azernews held an in-depth conversation with Tuartek’s Chairman of the Board, Şirzat...

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...
