In an era of global economic uncertainty, Azerbaijan’s fiscal posture stands out for a reason that may surprise casual observers: its domestic debt now significantly exceeds its external debt. As of …
Azerbaijan’s industrial push builds non-oil future through regional growth
These developments highlight several key trends in Azerbaijan’s non-oil sector: first, a deliberate effort to integrate advanced foreign technologies with local production capabilities; second, the …
EBRD supports Azerbaijan in developing national hydrogen energy roadmap
The European Bank for Reconstruction and Development (EBRD) is supporting Azerbaijan in the preparation of its national hydrogen energy roadmap, according to Cavid Abdullayev, Director of the State …
Azerbaijan, Central Baltic Nations Reach New Heights In Co-Op – Latvian Ambassador
Azerbaijan, Central Baltic Nations Reach New Heights In Co-Op – Latvian Ambassador. BAKU, Azerbaijan, October 21. Cooperation between the Central Baltic countries and Azerbaijan is entering a new ph …
Azerbaijan’s banking sector sets regional benchmark for discipline, digital transition
In a global financial landscape often dominated by headlines from major economies, Azerbaijan’s banking sector continues to quietly but confidently chart a steady and impressive course. While much of …
Azerbaijan, China discuss cooperation on green energy production [PHOTOS]
Discussions have been held between Azerbaijan and China on the production and export of wind – both onshore and offshore – as well as solar energy.
ADB, EBRD boost green investment in Azerbaijan to drive sustainable economic transition
The total project cost is estimated at €93 million, with up to €4 million expected as an investment grant. According to the EBRD, the initiative will have a significant environmental impact by cutting …
CBA strengthens ties with global financial institutions
A delegation led by Taleh Kazimov, Governor of the Central Bank of Azerbaijan, held a series of meetings with major international financial institutions during the Annual Meetings of the World Bank …
Pakistan’s JF-17 squad joins Indus Shield Alpha air drills in Azerbaijan
RAWALPINDI: A contingent of the Pakistan Air Force (PAF) has arrived in Azerbaijan to participate in the bilateral air exercise Indus Shield Alpha. The PAF team is equipped with state-of-the-art JF-17 …
An Unlikely Road to Peace for Armenia and Azerbaijan
On August 8, U.S. President Donald Trump hosted the leaders of Armenia and Azerbaijan at the White House for what Trump touted as a “historic peace summit.” As with the president’s unsuccessful …