Foundation stone for Hakarichay Reservoir laid in Lachin
Today, President of Azerbaijan Ilham Aliyev laid the foundation stone for the Hakarichay Reservoir in Lachin, according to the press office of the President of Azerbaijan.
Azerbaijani economy
World Bank highlights Azerbaijan's tourism potential
Azerbaijan needs to accelerate the diversification of its economy, and tourism could become one of the key sources of sustainable growth in the long term, the World Bank’s Regional Director for the South Caucasus, Rolande Pryce said at the event “Unlocking Tourism's Potential to Drive Economic Growth and Diversification.”
Black Sea Trade and Development Bank head assessed Azerbaijan's regional role
Azerbaijan has established itself as a strategic hub connecting the East and West, and the North and South, President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal said during the BSTDB business forum in Baku.
Central Bank of Azerbaijan reports foreign exchange reserve growth
Since the start of the year, Azerbaijan's foreign exchange reserves have grown by 14%, surpassing $13 billion, the Central Bank reported
Azerbaijan, Irkutsk Oblast deepen cooperation
The parties discussed expanding ties in trade and tourism
Baku and Islamabad discuss developing economic cooperation
Officials from Azerbaijan's and Pakistan's economic ministries held talks on boosting trade and investment, and also discussed ways to broaden business community contacts.
Azerbaijan and Iran discuss cooperation in trade and transport
Azerbaijan and Iran held talks on expanding cooperation in trade, transport, and investment, and agreed to reinforce bilateral business links.
Ilham Aliyev: Azerbaijan demonstrates stable and successful economic development
One of the things which has not changed is Azerbaijan’s stable, successful development, Azerbaijani President Ilham Aliyev said during his speech at the opening ceremony of the 2026 Annual Meetings of the Islamic Development Bank Group.
Peace with Azerbaijan gives boost to Armenian economy, Pashinyan says
The head of the Armenian government noted that the people of the country have chosen the path of peace and "stood up to defend it."
World Bank raises forecast for Azerbaijan's economic growth
A more positive outlook for Azerbaijan's economy has been published by the World Bank, which projects GDP growth of 2% in 2026.
Share of non-oil sector in Azerbaijan's economy exceeds 71 percent - Jabbarov
More than 71% of Azerbaijan’s economy belongs to the non-oil sector, Azerbaijan’s Minister of Economy Mikayil Jabbarov said in an interview …
Azerbaijan to raise annual agricultural exports to 2bln dollars
Azerbaijan plans to increase the annual value of its agricultural exports from the current $1.5 billion to $2 billion by 2030, Azerbaijan's Deputy Minister of Agriculture Zaur Aliyev said at a press conference dedicated to the State Program on the Development of Agriculture, Fisheries, and Aquaculture Production and Processing for 2026-2030.
Azerbaijani gas export volume to Europe announced
Azerbaijan's Energy Minister revealed natural gas export figures to Europe for the previous year and the beginning of this year, with Türkiye receiving the largest share.
Türkiye increases natural gas purchases from Azerbaijan
Azerbaijan delivered 2.3 billion cubic meters of natural gas to Turkey during the first three months of the year, marking an increase of over 3% compared to the same period in 2025.
MOL Group increases production at Azeri-Chirag-Guneshli
Last year, production was approximately 13,400 boepd
Azerbaijan boosts non-oil exports
In January-April 2026, Azerbaijan’s non-oil exports amounted to $1.1 billion, which is 13% more than in the same period of 2025, according to the May edition of the “Export Review” magazine published by the Center for Analysis of Economic Reforms and Communication.
Central Bank of Azerbaijan, ADB explore expanding cooperation
The Deputy Chairman of the Central Bank of Azerbaijan held a meeting with an ADB representative to discuss the current state of bilateral cooperation.
Timeline for Azerbaijani gas supplies to Serbia from North Macedonia announced
Azerbaijani gas supplies via North Macedonia could begin in 2027, once the interconnector is opened.
Eight railcars of fertilizer to be sent from Azerbaijan to Armenia
Eight railcars loaded with fertilizer will be dispatched from Azerbaijan to Armenia today.
Azerbaijan approves master plans for 68 cities
The master plans of 11 more cities in Azerbaijan will be approved, chairman of the Committee on Urban Planning and Architecture Anar Guliyev said at an event held in Baku on the theme "Entrepreneurship Development is a Strong Economy".
