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Azerbaijan invites business to help reconstruct Nagorno Karabakh
Azerbaijan has demonstrated a firm commitment to reconstructing Karabakh, which was largely neglected and left unattended for three decades. According to the Azerbaijani state media, between 2020 and...
View ArticleA disconcerting speech by Samir Sharifov
Currently, Azerbaijan’s external public debt stands at $5.5 billion—a relatively low level, according to experts, achieved through targeted government efforts. It’s worth recalling that the head of...
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Exploring new business horizons in Azerbaijan
Yusif Abdullayev spoke about Azerbaijan’s plans to double its non-fossil fuel exports by 2030. With an annual GDP already over US$70 billion, this country of 10 million people has huge potential....
View ArticleMoody’s upgrades Azerbaijan’s otlook to positive
Concurrently, Moody’s affirmed the foreign currency-backed senior unsecured rating of Southern Gas Corridor CJSC (SGC) at Ba1 and changed the outlook to positive from stable. The positive outlook...
View ArticleMedia: Pakistan awaits billion-dollar investments from Azerbaijan
As previously reported by Pakistan’s Ministry of Foreign Affairs, Azerbaijani President Ilham Aliyev will arrive in Pakistan today for a two-day visit. “Minister of Petroleum Musadik Malik said on...
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Fitch upgrades Azerbaijan’s rating to BBB- with stable outlook
Fitch Ratings said Friday it upgraded Azerbaijan’s long-term foreign currency issuer default rating to BBB- from BB+ with a stable outlook. The rating agency said the upgrade reflects the country’s...
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New Baku-based VC fund aims to seize “new dawn opportunity” in Central Asia...
Sabah.Fund, launched in partnership with Sabah.Hub, a pivotal player in the local ecosystem, has announced its first close of $11mn, a notable figure by regional standards. The new fund aims to raise...
View ArticleUzbek-Azerbaijani Business Forum held
Supported by the Ministry of Investment, Industry, and Trade of Uzbekistan, the Ministry of Economy of Azerbaijan, and jointly organized by the Azerbaijan Export and Investment Promotion Agency...
View ArticleAzerbaijan increasing trade turnover with Israel
The mutual trade volume between Azerbaijan and Israel reached $1.150 billion from January to July 2024, marking a 36.8 per cent increase compared to the same period last year, Caliber.Az reports....
View ArticleAzerbaijan and Italy are strengthening their economic ties
As part of the official visit of the President of Azerbaijan to Italy, an Italy-Azerbaijan roundtable was held, jointly organized by the Export and Investment Promotion Agency – AZPROMO and the General...
View ArticlePresident Aliyev highlights economic growth and strategic plans at Baku meeting
During the event, President of Azerbaijan Ilham Aliyev highlighted the key economic achievements since the beginning of the year and outlined priorities for the remaining months. The President reported...
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Azerbaijan discusses industrial park investments with Saudi delegation
Jabbarov, writing on his X account, stated that the talks focused on promoting mutual investments, trade relations and the establishment of joint ventures. “Special attention was paid to the...
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