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Thursday, August 27, 2026
What Azerbaijan’s banking boom says about economy

What Azerbaijan’s banking boom says about economy

The recent financial figures released by the Central Bank of Azerbaijan for the first seven months of 2026 present a compelling narrative of resilience, expansion, and structural vitality within the domestic banking sector. Over this period, commercial banks generated ₼1.307 billion ($0.76 billion) in operating profit, registering a robust 25.8% increase compared to the corresponding period in 2025.

Nation
Azerbaijan’s annual births fall below 100,000 as birth rate drops 42% in decade

Azerbaijan’s annual births fall below 100,000 as birth rate drops 42% in decade

The number of children born in Azerbaijan has fallen by more than 70,000 over the past decade, with the country’s annual number of births dropping below 100,000 for the first time in the period under review.

Oil & Gas
Azeri Light oil price falls to $91.51 per barrel in Italy

Azeri Light oil price falls to $91.51 per barrel in Italy

The price of Azerbaijan’s Azeri Light crude oil has declined by $0.42, or 0.46%, from the previous figure to $91.51 per barrel on a CIF basis at Italy’s Augusta port.

Business
AZAL: Is your flight delayed or cancelled? Here’s what you need to know

AZAL: Is your flight delayed or cancelled? Here’s what you need to know

Travel plans do not always go as expected. Weather conditions, technical or operational factors, and other circumstances may result in schedule changes, flight delays or cancellations. Such disruptions are undesirable for both passengers and the airline. When they occur, the priority is to keep passengers informed as promptly as possible and provide the necessary support to help them continue their journey.

Armenian-Azerbaijani Relations
Armenia at a fork in the road: West or Moscow?

Armenia at a fork in the road: West or Moscow?

Armenia’s internal political scene is once again dominated by serious scandal, infighting and confrontation. At the centre of the latest turmoil are members of the former ruling establishment, most notably Robert Kocharyan and Serzh Sargsyan, both of whom have been closely associated with Russia and have reportedly been detained by law enforcement authorities.

World
Singapore, Kazakhstan to strengthen digital trade along Middle Corridor

Singapore, Kazakhstan to strengthen digital trade along Middle Corridor

Singapore and Kazakhstan will strengthen cooperation in digital trade and logistics along the Middle Corridor, according to the Singapore Ministry of Foreign Affairs.

Analysis

Lifestyle
Mugham art: Living tradition carried through centuries

Mugham art: Living tradition carried through centuries

There are sounds that belong to a particular place, and there are sounds that seem to belong to humanity itself. Azerbaijani mugham is one of them. Deeply rooted in the country's history, it carries the emotions, memories and worldview of generations, passing from one voice to another without losing its character.

Culture
Francis Mercier captivates audience with fascinating performance [PHOTOS]

Francis Mercier captivates audience with fascinating performance [PHOTOS]

The main stage at Sea Breeze became a major attraction for electronic music fans. It hosted a large-scale concert by Haitian-American DJ and producer Francis Mercier, one of the prominent names in the global Afro House and melodic house scene.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
Silk Road Finance and Technology Forum enters second day in Tashkent

Silk Road Finance and Technology Forum enters second day in Tashkent

The second day of the Silk Road Finance and Technology Forum has begun in Tashkent, focusing on the practical application of digital currencies across the Greater Silk Road region, the development of cross-border fintech corridors and efforts to strengthen investment cooperation.

Sports
Azerbaijan, CEV strengthen focus on volleyball development [PHOTOS]

Azerbaijan, CEV strengthen focus on volleyball development [PHOTOS]

Azerbaijan Minister of Youth and Sports Farid Gayibov met with Roko Sikirić, President of the European Volleyball Confederation (CEV).

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