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OPEC Fund Approves $250 Million for Middle Corridor Rail Link

The OPEC Fund has approved a record $250 million loan for a 127-kilometer rail link across Istanbul that is expected to sharply expand Middle Corridor freight capacity.

Azerbaijan and India to Step Up North-South Corridor Coordination

Azerbaijan and India agreed to coordinate more closely on the North-South transport corridor and expand non-oil investment and business contacts.

Azerbaijan Parliament Advances Sweeping Agricultural Bill

Azerbaijan's parliament advanced a seven-chapter agricultural bill that would change state-support rules and replace four existing sector laws.

Azerbaijan Says It Attracted $49 Billion in Foreign Investment Over Six Years

Azerbaijan attracted about $49 billion in foreign investment from 2020 through 2025, including $36 billion in direct investment, a deputy economy minister said.

Baku’s “20 September” Metro Station Set to Open by Mid-2027

Baku Metro plans to put the 20 September station into full operation by mid-2027 as finishing work continues.

Azerbaijan Parliament Passes Terror-Financing Amendments

Azerbaijan's Milli Majlis passed amendments in a third reading to strengthen legal mechanisms against terrorist financing.

AzerGold Plans $100 Million Investment in Uzbekistan Gold Project

AzerGold plans to invest at least $100 million in Uzbekistan's Akba gold project, with a final investment decision targeted for 2028.

Azerbaijan and India Seek Closer Trade and High-Tech Ties

Azerbaijan and India discussed expanding political and business contacts in trade, high technology, culture and international organizations during talks in Baku.

Baku Metro to Restore Two-Minute Red Line Intervals

Baku Metro plans to restore direct Icherisheher-Hazi Aslanov service and two-minute peak intervals after completing reconstruction of the Hazi Aslanov turnaround.

Azeri Light Crude Rises to $121.95 a Barrel

Azeri Light crude rose $2.25, or 1.88%, to $121.95 a barrel, nearly $57 above the oil-price assumption in Azerbaijan’s 2026 state budget.

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