Day: July 11, 2025

Total investment in fixed capital in January–June 2025 reached 8.07 billion manats, showing a slight annual decline of 0.5%. However, this headline figure masks a structural shift. Investment in the non-oil and gas sector increased by…

The Asian Development Bank (ADB) will target its investments in Azerbaijan toward selective, innovative projects aimed at supporting economic growth in the non-oil and gas sector and fostering private sector development, Azernews reports, citing the bank.
The bank’s investment strategy will emphasise two main pillars: supporting the…

Under the evening sky over the Caspian Sea, in the heart of Baku’s Seaside Boulevard, true opera enchantment took place-the grand finale of the Opera Days project, organized for the first time in Azerbaijan’s history by the Azerbaijan State Academic Opera and Ballet Theater, Azernews reports.

History in the making: Azerbaijan and Armenia’s leaders meet face-to-face—a step toward peace. Interestingly, peace seemed to follow once Russia stepped back. Could this be a turning point? #PeaceProcess #Diplomacy #SouthCaucasus

— ceanpolitics (@ceanglobal) July 11, 2025

Pastry & Bakery Chefs Baku Cup 2025, a national championship dedicated to confectionery and bakery arts, will be held for the first time in Azerbaijan’s capital on July 30, Azernews reports.

Kazakhstan and Azerbaijan are poised to play an increasingly vital role in meeting Europe’s long-term oil needs, according to the latest report by the Organisation of the Petroleum Exporting Countries (OPEC), Azernews reports.
The report forecasts that by 2050, crude oil and condensate exports from the Caspian region to Europe will stabilise at around…