Day: March 23, 2026

The announcement that the International Bank of Azerbaijan (ABB), the nation’s largest financial institution, is preparing to acquire a stake in a foreign bank marks a transformative moment for the country’s financial landscape. While some may view this purely through the lens of a corporate balance sheet, the reality is far more significant.

In the first two months of this year, Azerbaijan produced 654,000 tons of cement clinker, marking a notable increase compared to the same period last year, AzerNEWS reports. According to the State Statistical Committee of Azerbaijan, this represents a 6.7% rise in production, reflecting steady activity in the country’s construction materials sector.

As of March 1, 2026, Azerbaijan held…

President of the People’s Republic of China Xi Jinping has sent a congratulatory letter to President of the Republic of Azerbaijan Ilham Aliyev, AzerNEWS reports.

Russia’s foreign intelligence service allegedly considered staging an assassination attempt linked to Hungarian Prime Minister Viktor Orbán’s ruling Fidesz party in a bid to boost its popularity ahead of elections, according to a report, AzerNEWS reports.

FM: Armenia Helps Iran With Humanitarian Aid  Caspian Post

In January-February 2026, Azerbaijan produced 24,500 tonnes of adhesives and glues, marking a 13% decline compared to the same period last year, AzerNEWS reports, citing the State Statistical Committee. However, monthly data points to a short-term recovery trend. In February alone, production reached 14,400 tonnes, an increase of…