Transit cargo through Azerbaijan rose 10% in the first half of 2026 to nearly 8 million tons, with a medium-term target of 15 million tons on each major corridor.
The Asian Infrastructure Investment Bank has approved a $45 million loan for a Caspian Sea water desalination project in Azerbaijan.
The financing is intended for...
Azerbaijan produced 477 buses and other vehicles for public passenger transport in 2025, nearly four times the previous year's total and 239 times the...
Georgia plans to buy electricity from Azerbaijan without intermediary companies, a change Prime Minister Irakli Kobakhidze said could save several million lari annually.
A walk through Baku’s Badamdar used-car market found older Chevrolet, Toyota, Nissan, Mercedes and Hyundai models clustered between 12,000 and 16,500 manats, with little evidence of broad price cuts.
Fitch Ratings expects Azerbaijan’s sovereign external assets to reach about $91 billion in 2026 while direct government debt remains below 20% of GDP.
Space agencies from the member states of the Organization of Turkic States (OTS) have signed an agreement establishing a common framework for joint space...
Gran Tierra Energy plans to make Azerbaijan and Canada its primary operating markets after completing the $1.33 billion sale of its Colombia and Ecuador businesses.
Middle Corridor countries are developing a two-tier governance platform intended to coordinate legal, technical, digital and infrastructure policy along the route.
The Asian Development Bank plans a $350 million loan to modernize the 192-kilometer double-track Balajari-Yalama railway, a key section of Azerbaijan’s North-South transport corridor.
The...
BAKU, Azerbaijan - German companies are discussing two multimodal terminal projects at Azerbaijan’s Alat Port, with negotiations expected to conclude soon before the proposals...
Removing legal and regulatory barriers to services trade could generate gains equivalent to about 3% of Azerbaijan’s GDP, a World Bank economist said.
The 390-kilometer Sumgayit-Aktau fiber line is designed for capacity of up to 400 terabits per second, with full commissioning expected by the end of 2026.
BAKU, Azerbaijan - Construction of three small hydropower plants with a combined capacity of 10.7 megawatts is nearing completion in Azerbaijan’s Lachin district. Once...
Credit investment in Azerbaijan’s economy reached 34.884 billion manats as of Sept. 1, 2026, but an economist says the impact depends on where the money flows.
President Ilham Aliyev urged more Austrian companies to enter Azerbaijan as the two countries discussed investment, political dialogue and energy security.
More than 24,000 hectares of arable land in Aghdam, Askeran and Khojaly remain available for development, while Azerbaijan plans a 230-hectare modern greenhouse zone.
Private-sector workers in Azerbaijan’s non-oil and gas economy will face a 5% income-tax rate on taxable monthly earnings up to 2,500 manats from Jan. 1, 2027.
T-Kredit surrendered its license just over two months after becoming the legal successor to Bank BTB, a bank controlled by Ramiz Mehdiyev’s daughter-in-law.