Azerbaijan is implementing comprehensive and unpopular reforms to its domestic heating and electricity market, marked by rising tariffs and a lack of public input, despite its status as an energy …
Unpacking Azerbaijan’s Controversial Energy Market Overhaul
Azerbaijan is implementing comprehensive and unpopular reforms to its domestic heating and electricity market, marked by rising tariffs and a lack of public input, despite its status as an energy …
Baku is slipping into open support of Russia’s enemies: “Love has passed, tomatoes have wilted”
The head of the National Anti-Corruption Committee (NAC) of the Russian Federation Kirill Kabanov yesterday, on July 20, sharply criticized the policy of the Azerbaijani authorities towards Russia.
Azerbaijan boosts energy security with major upgrade to “8 November” Power Plant
The installed capacity of Azerbaijan’s “8 November” Thermal Power Plant has been raised to 1,880 megawatts following large-scale reconstruction and modernization efforts, Azernews reports, citing …
CBA initiates Basel III liquidity reforms to boost financial stability
The Central Bank of Azerbaijan (CBA) is set to begin the phased implementation of the Liquidity Coverage Ratio (LCR), a core component of the Basel III international banking standards, starting August …
Pakistan, Azerbaijan to establish joint working groups
Pakistan and Azerbaijan on Saturday agreed to establish joint working groups (JWGs) aimed at strengthening bilateral connectivity and elevating their relationship into a strategic economic partnership …
Foreign Investment in Azerbaijan rises over 30% in first half of 2025
Foreign investment in Azerbaijan’s economy saw a significant surge in the first half of 2025, with 2.002 billion manats directed into fixed capital from international sources — a 30.6% increase …
Azeri Leader Demands Russian Acknowledgment: Downed Plane Incident Escalates Tensions
Azerbaijan’s President Ilham Aliyev urges Russia to accept responsibility for accidentally downing an Azerbaijani plane, killing 38. Despite an apology from Putin, formal acknowledgment and action …
India’s exports to Turkey fall over 50% as ties strain
India’s commercial ties with Turkey and Azerbaijan suffered in May due to diplomatic strains, following their support for Pakistan during a conflict earlier this year.
Rift with Kremlin deepens as Azerbaijan snubs Moscow CIS summit
Azerbaijan refused to attend a meeting of the Commonwealth of Independent States (CIS) Economic Council in Moscow, the Azerbaijani outlet Trend reported on July 18, citing an informed source.