The Central Bank of Azerbaijan (CBA) will release its next decision regarding the parameters of the interest rate corridor on July 23, 2025, Azernews reports, citing an official statement.
Azerbaijan’s Emergency Situations Ministry continues to carry out its responsibilities to protect the population and territories from natural and man-made emergencies.
Germany could face a serious electricity shortage in the coming years, as its current renewable energy trajectory may not be sufficient to meet national demand, Azernews reports via Bild.
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Hanwha Philly Shipyard, owned by South Korea’s chemicals-to-shipbuilding conglomerate Hanwha Group, is considering bidding for the U.S. Navy’s combat support ship construction project, the group said Sunday, Azernews reports, citing Yonhap.
In an increasingly carbon-conscious world, Azerbaijan is making a bold and visionary leap into the future. With the State Oil Fund of Azerbaijan (SOFAZ, or ARDNF in Azerbaijani) acquiring a 49% stake in 402 megawatts of solar energy assets in Italy through a partnership with U.S.-based Enfinity Global Inc., Baku is sending a clear message: our energy expertise does not end at hydrocarbons, and our commitment to sustainable development is global in scale.