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Azerbaijan Parliament Advances Pension, Military Pay and Civil Service Package

Azerbaijan’s parliament approved a broad pension, military pay and civil service reform package in its first reading.

Gran Tierra to Take 65% Operating Stake in New SOCAR Energy Project

Gran Tierra Energy will operate a new oil and gas exploration project in Azerbaijan’s Quba-Caspian region with a 65% stake.

Azerbaijan Unveils Missile, Five Drones and Robot at ADEX 2026

Azerbaijan displayed a laser-guided missile, five drones, an unmanned ground vehicle and armored vehicles at ADEX 2026 in Baku.

BP Boosts Central Azeri Gas Injection Capacity by 20%

BP has completed the CAGE project at the Central Azeri platform, increasing gas reinjection capacity by 20%.

Russia Extends Diesel Export Ban Through October

Russia extended its diesel export ban for producers through the end of October as war-related disruptions and tight supplies push fuel prices to records.

Aliyev Opens New Defense Industry Agenda With Britain

President Ilham Aliyev said Azerbaijan and Britain are exploring arms supplies, modern equipment and joint defense ventures in Azerbaijan.

Azerbaijan and China Create $1 Billion Joint Investment Fund

Azerbaijan Investment Holding and China's Silk Road Fund are creating a 7.5 billion yuan investment vehicle for projects in Azerbaijan and Belt and Road countries.

Azerbaijan Sets 20,000-Manat Annual Transfer Reporting Threshold

From Oct. 1, financial institutions must report subsequent electronic transfers after a customer's annual total reaches 20,000 manats.

Azerbaijan to Test Grok AI in Public Services

Azerbaijan plans pilot projects to test Grok artificial intelligence models in government agencies, public services and the mygov platform.

221 Million Manat Textile Cluster to Create 2,300 Jobs in Mingachevir

A 221 million manat textile complex planned for Mingachevir Industrial Park is expected to create 2,300 jobs and produce 11 million shirts a year.

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