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SOCAR Türkiye Refinances $1.6 Billion With Five-Year Loan

SOCAR Türkiye has secured $1.6 billion in five-year financing from a group of international banks to refinance existing loans on improved terms. First Abu Dhabi...

Gas Supply to Be Suspended in Parts of Baku on October 22

Gas service will be temporarily suspended in parts of Baku's Khatai and Nasimi districts from 10 a.m. on Thursday, October 22, Azerbaijan's Azerigaz production...

Azerbaijan Courts Must Review Evidence and Alternatives Before Ordering Arrest

Azerbaijani courts must examine the evidence supporting a criminal allegation and consider less restrictive measures before ordering a suspect's pretrial detention, the Constitutional Court...

Azerbaijan Tightens Rules for Rent-to-Own Housing Transfers

Azerbaijan has changed its rent-to-own housing rules, requiring tenants to wait three years after signing a contract before transferring their obligations to another person. The...

Aliyev Signs Law Approving Azerbaijan-Kyrgyzstan Allied Relations Treaty

President Ilham Aliyev has signed a law approving the Treaty on Allied Relations between Azerbaijan and Kyrgyzstan. The signature marks a new legal step after...

Azerbaijan Establishes Azykh-Taghlar Archaeological Park Reserve

President Ilham Aliyev has signed an order establishing the Azykh-Taghlar Archaeological Park as a state reserve in Azerbaijan. The official order, dated October 21, gives...

AzerGold Establishes First Foreign Subsidiary in Uzbekistan

Azerbaijan's state-owned mining company AzerGold has registered its first foreign subsidiary, AzerGold Uzbekistan LLC, to assess the Akba gold deposit in Uzbekistan's Qashqadaryo region. After...

Baku Police Open Criminal Case Over Alleged Abuse of Autistic Child

Baku police have opened a criminal case after videos appeared to show a 2-year-old child with autism spectrum disorder being subjected to violence at...

PAŞA Bank Finances $58.6 Million Azerbaijan Energy Storage Project

PAŞA Bank has provided financing for a $58.6 million battery energy storage project being built in Azerbaijan by Türkiye's YEO Teknoloji for state power...

Azerbaijan-Kyrgyz Development Fund Capital Doubles to $200 Million

President Ilham Aliyev has approved measures doubling the capital of the Azerbaijan-Kyrgyz Development Fund to $200 million and ratifying a separate agreement on international...

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