Global commodity prices are projected to surge 23% in 2026 to their second-highest level since 2013 due to the Middle East conflict, Black Sea shipping disruptions and weather shocks, the World Bank said.
Despite all the challenges facing the region during the season, the development of tourism infrastructure continued
The master plan for the development of Baku through 2040 was approved few days ago
Türkiye has completed the tender process for the reconstruction of the historic Ani Bridge on the Turkish-Armenian border, Turkish Transport and Infrastructure Minister Abdulkadir Uraloğlu said.
Several people were injured in strikes on airports in Najran and Jizan, Saudi Arabia, the Kingdom's General Authority of Civil Aviation reports.
World Bank estimates indicate that in approximately 15 years, cargo delivery from Asia to Europe via the Middle Corridor will take 18-19 days.
Airport infrastructure in the country is being systemically upgraded, with 20 runways and 26 airport terminals put into service since 2021, Russian President Vladimir Putin said during a video-linked presentation of new civil aviation facilities.
She stressed that the disaster caused extensive damage to infrastructure and affected over 3,000 residential buildings
The Iranian and Armenian authorities have agreed to establish a joint specialized working group to develop bilateral cooperation in energy and gas trade
The armed forces of Iran will deliver reciprocal strikes on U.S. infrastructure in the Middle East if the United States decides to attack bridges and power plants on the Islamic Republic’s territory, the Tasnim news agency reported, citing a source.
Azerbaijan shared its experience in urban reconstruction with Syria as part of the "Great Return" program.
According to the President of Syria, Syria and Türkiye are collaborating to establish a free economic zone in Idlib.
The Economic Council of the Commonwealth of Independent States has approved the main directions of cooperation among CIS member states in the field of radioactive waste management, spent nuclear fuel management, and decommissioning of hazardous nuclear and radiation facilities for the period up to 2030, the CIS Executive Committee's press service said.
The integration of the Persian Gulf region with the Middle Corridor may become one of the defining trade routes of the future, according to Azerbaijan Railways (ADY), Deputy Head of the Marketing Department at ADY Ziya Mammadov said.
Representatives of Azerbaijan, Georgia, Uzbekistan, and Turkmenistan met in Ashgabat to discuss cooperation in the railway sector
Russian Deputy Prime Minister Vitaly Savelyev held a meeting with Secretary of Iran's Supreme National Security Council Ali Larijani in Tehran. The parties discussed cooperation between the two countries in the transportation sector, according to the Russian government's website.
Azerbaijan Minister of Digital Development and Transport Rashad Nabiyev held a meeting with Assistant Secretary of Aviation and International Affairs for the US Department of Transportation Daniel Edwards.
The development of the International North-South Transport Corridor is a priority for the Russian government, Russia's Economic Development Minister Maxim Reshetnikov said at the VTB 'Russia Calling!' investment forum.
The declining level of the Caspian Sea calls for a reassessment of transportation methods and a shift toward more environmentally friendly solutions, Deputy Managing Director of Chevron International Production Company for Eurasia Dylan Morgan said.
The Georgian Minister of Economy and the Turkish Minister of Transport have met to discuss Georgian-Turkish cooperation in the Black Sea.
