Investment in Azerbaijan’s information and communication sector surged in the first two months of 2026, reflecting strong growth in the country’s digital economy, AzerNEWS reports, citing the State Statistics Committee of Azerbaijan.
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…
