State-owned SOCAR manages Azerbaijan’s oil and gas industry and the investment in Israel has major geopolitical implications and brings Israel and Azerbaijan even closer together diplomatically.
Azerbaijan’s state oil company to buy 10% stake in Israel’s Tamar gas field
Union Energy, controlled by Israeli businessman Aaron Frenkel, signs an agreement for the stake sale in Israel’s second-largest offshore natural gas field The post Azerbaijan’s state oil company to …
Azerbaijani-Kyrgyz Fund approves small hydropower plant construction financing in Kyrgyzstan
BISHKEK, Kyrgyzstan, February 1. The Board of the Azerbaijan-Kyrgyzstan Development Fund (AKDF) has approved financing for the construction of a nine MW small hydropower plant in Kyrgyzstan, Trend …
Azerbaijan envoy urges to strengthen trade, investment cooperation
The Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, has stated that it is essential to strengthen trade and investment …
Why Aliyev accused Tsarist Russia of resettling Armenians in Azerbaijan — opinion
The crash of the Azerbaijan Airlines plane near Aktau on December 25, 2024 was a serious test for Russian-Azerbaijani relations. One of the consequences of this event was the saturation of the …
Azerbaijan: Historic area of capital faces demolition threats to make way for parks
The lack of green space in Azerbaijan’s capital Baku has long been an issue for city residents. But now preservationists are complaining that municipal officials intend to make way for public parks by …
Azerbaijan-Kyrgyz Investment Fund to finance hydro and textile projects
The Azerbaijan-Kyrgyz Investment Fund will finance two significant projects in Kyrgyzstan: the construction of a small hydroelectric power station (SHP) and a modern sewing factory.
Azerbaijan set to welcome another young entrepreneurs forum
BAKU, Azerbaijan, January 30. Azerbaijan will host another Young Entrepreneurs Forum next week, said Gadir Khalilov, acting executive director of the Youth Foundation under the president of the …
EBRD approves new country strategy for Azerbaijan
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for Azerbaijan, guiding its investment and policy initiatives over the next …
UN aims to ensure green and sustainable future for all residents of Azerbaijan
The UN’s goal is to provide all residents of Azerbaijan with a green and sustainable future. Azernews reports that this was stated by Vladanka Andreyeva, the UN Resident Coordinator in Azerbaijan, in …