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Monday, October 5, 2026
Azerbaijan targets pharmaceutical independence with $114 million plant

Azerbaijan targets pharmaceutical independence with $114 million plant

In the modern era, the development trajectory of the global economy and geopolitics clearly demonstrates that every independent state must ensure its strategic security at the highest possible level, particularly its healthcare and pharmaceutical independence. Minimizing dependence on external supply chains and producing vital products through domestic capabilities is an integral component of national sovereignty.

Nation
President Ilham Aliyev watched opening ceremony of World Judo Championships

President Ilham Aliyev watched opening ceremony of World Judo Championships

The opening ceremony of the World Judo Championships has begun at the National Gymnastics Arena in Baku.

Oil & Gas
Fitch Solutions forecasts Brent oil price to fall to $71 per barrel in 2027

Fitch Solutions forecasts Brent oil price to fall to $71 per barrel in 2027

Fitch Solutions expects the average annual price of Brent crude to decline from $83 per barrel in 2026 to $71 per barrel in 2027, according to the company’s latest commodity markets report. The company forecasts the average price of WTI crude at...

Business
Azerbaijan’s trade and services sector credit portfolio rises 10.1% year-on-year

Azerbaijan’s trade and services sector credit portfolio rises 10.1% year-on-year

The total credit portfolio allocated to Azerbaijan’s trade and services sector by banks and non-bank credit institutions reached 4.6184 billion manats as of the end of August 2026, according to official statistics. According to the Central Bank of Azerbaijan, the total volume of loans extended to the sector stood at...

Armenian-Azerbaijani Relations
Moscow awaits Yerevan's response to proposal to restore its railway sections, deputy PM says

Moscow awaits Yerevan's response to proposal to restore its railway sections, deputy PM says

Russia is awaiting Armenia’s response to a proposal to restore sections of railway connecting the country toward Azerbaijan’s Nakhchivan exclave and the Turkish border, Russian Deputy Prime Minister Alexey Overchuk has said.

World
Saudi Aramco CEO warns global oil reserves could take two years to replenish

Saudi Aramco CEO warns global oil reserves could take two years to replenish

Speaking about the impact of disruptions in the global oil market, Nasser said pressure on oil supplies would intensify until the Strait of Hormuz is fully reopened and confidence in the market is restored.

Analysis

Lifestyle
Shaki welcomes theatre companies from four countries [PHOTOS]

Shaki welcomes theatre companies from four countries [PHOTOS]

For five days, the ancient city of Shaki is once again turning its stages into a meeting point for theatre traditions from across the region.

Culture
German Lutheran Church in Shamkir hosts concert within Fidan Hajiyeva Int'l Opera Festival [PHOTOS]

German Lutheran Church in Shamkir hosts concert within Fidan Hajiyeva Int'l Opera Festival [PHOTOS]

A concert celebrating vocal and opera music has been held at the historic German Lutheran Church in Azerbaijan's Shamkir district.

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
Azerbaijan clears more than 1,100 hectares in latest demining efforts

Azerbaijan clears more than 1,100 hectares in latest demining efforts

The Azerbaijan Mine Action Agency (ANAMA) has released data on mine-clearance operations carried out in the liberated territories between September 28 and October 4.

Sports
Azerbaijani boxers make perfect start at U-17 European Championships

Azerbaijani boxers make perfect start at U-17 European Championships

Azerbaijani boxers have made a perfect start at the U-17 European Boxing Championships in Budva, Montenegro, with all four national team members competing on the opening day securing victories.

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