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South Caucasus News

Why next regional financial hub may not be Dubai or Istanbul, but Baku


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The geopolitical map of Eurasia has long highlighted Baku as a crucial node for energy corridors and transit logistics. However, a quiet yet profound shift is currently taking place underneath the surface of these traditional economic pillars. The financial architecture of Azerbaijan is undergoing a significant transformation, moving rapidly away from a purely domestic, resource-reliant model toward becoming an ambitious regional financial hub.