In the first two months of 2026, Azerbaijan’s property insurance premiums experienced significant growth. According to the Central Bank, this marked an increase over the same period last year.
Lithuania and Azerbaijan expand business ties with focus on energy, trade and EU connectivity
Lithuania is strengthening economic and political ties with Azerbaijan through Prime Minister Inga Ruginienė’s visit to Baku, focusing on energy, trade and transport connectivity, and aiming to deepen …
Azerbaijan to hold auction for state property
The State Property Service under the Azerbaijani Ministry of Economy will hold an auction on February 2, 2021, Trend reports on Jan.7 referring to the service. According to the data, 13 state property …
Azerbaijan-European Union relations: Current state and prospects
Whether in politics, the economy or energy security, relations between Azerbaijan and the EU have been developing dynamically, writes Dr. Matin Mammadli in an opinion piece for Euronews. Increased …
Azerbaijan’s state bank goes global, starts new era for regional finance
The announcement that the International Bank of Azerbaijan (ABB), the nation’s largest financial institution, is preparing to acquire a stake in a foreign bank marks a transformative moment for the …
Renewables on rise: How EBRD financing drives Azerbaijan’s low-carbon transition
Overall, the bank has invested €3.629 billion in Azerbaijan, of which €3.375 billion has been allocated to various development initiatives. This sustained engagement underscores the strategic role of …
Azerbaijan, Uzbekistan presidents exchange holiday greetings
Mirziyoyev extended warm wishes to the Azerbaijani people, and Aliyev thanked him, in turn wishing Uzbekistan continued prosperity and well-being, …
EU reinforces cooperation with Azerbaijan on security and energy
As the Iran war rages on, European Council President António Costa held talks with Azerbaijan’s President Ilham Aliyev in Baku on Wednesday to expand the European Union’s cooperation with Azerbaijan …
Azerbaijan’s insurance coverage soars with growing property protection
BAKU, Azerbaijan, February 10. The number of properties and apartments covered under Azerbaijan’s compulsory insurance system is approaching 200,000, said Islam Ismayilov, head of the Digital …
ING says $10 rise in oil price could add $3bn to Azerbaijan exports
A sustained $10 increase in global oil prices could generate around $3bn in additional annual export revenues for Azerbaijan and about $1.5bn in extra state budget income from the energy sector, …