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Friday, October 9, 2026
Azerbaijan’s $73.5 billion buffer faces new global bond reality

Azerbaijan’s $73.5 billion buffer faces new global bond reality

Global bond markets play a decisive role in determining borrowing costs, investment flows and economic growth across emerging markets. As government debt expands, inflation remains a concern and investors reassess interest-rate expectations, rising bond yields are creating new challenges for developing economies. For Azerbaijan, the changing financial environment highlights the importance of sovereign reserves, energy revenues and domestic capital market development in maintaining economic resilience and financing long-term growth.

Nation
AIIB supports Azerbaijan’s Caspian Green Energy Corridor with $1 million grant

AIIB supports Azerbaijan’s Caspian Green Energy Corridor with $1 million grant

Azerbaijan has signed two grant agreements with the Asian Infrastructure Investment Bank (AIIB) to support the development of offshore wind energy infrastructure and the Caspian Green Energy Corridor project.

Oil & Gas
SOCAR-backed Caspian Drilling Company reports 7.4% decline in annual net profit

SOCAR-backed Caspian Drilling Company reports 7.4% decline in annual net profit

Caspian Drilling Company Limited (CDC), in which Azerbaijan's State Oil Company (SOCAR) holds a controlling stake, recorded a net profit of $62.13 million in 2025, down 7.4% from $67.12 million a year earlier, despite improvements in revenue and operating profitability.

Business
Azercell — Exclusive Partner of Gamesummit and OMNI AI Summit

Azercell — Exclusive Partner of Gamesummit and OMNI AI Summit

On October 10, Gamesummit and OMNI AI Summit will take place in Baku with Azercell as the exclusive partner.

Armenian-Azerbaijani Relations
Pashinyan credits Alma-Ata Declaration with advancing peace between Armenia and Azerbaijan

Pashinyan credits Alma-Ata Declaration with advancing peace between Armenia and Azerbaijan

Armenian Prime Minister Nikol Pashinyan has emphasized the role of the 1991 Alma-Ata Declaration in advancing the peace process between Armenia and Azerbaijan, describing the document as an important foundation for the delimitation of the two countries' state border.

World
IDF destroys 4 Palestinian weapon storage facilities

IDF destroys 4 Palestinian weapon storage facilities

The Israel Defense Forces (IDF) destroyed four weapon storage facilities belonging to Hamas and Palestinian Islamic Jihad (PIJ) in Gaza on Friday.

Analysis

Lifestyle
Azerbaijan spotlights literature and publishing at Frankfurt Book Fair [PHOTOS]

Azerbaijan spotlights literature and publishing at Frankfurt Book Fair [PHOTOS]

Azerbaijan is presenting its literary heritage and book culture at the 78th Frankfurt Book Fair, which opened in Frankfurt.

Culture
'Seven Beauties' captivates audiences at Heydar Aliyev Palace [PHOTOS]

'Seven Beauties' captivates audiences at Heydar Aliyev Palace [PHOTOS]

Gara Garayev's ballet Seven Beauties was staged at Heydar Aliyev Palace in Baku on October 8.

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
Remains of 16 people discovered in Azerbaijan's Karabakh

Remains of 16 people discovered in Azerbaijan's Karabakh

The remains of 16 people were discovered in Karabakh three days ago, Akif Guliyev, head of the Forensic Archaeology Department at the Institute of Archaeology and Anthropology of the Azerbaijan National Academy of Sciences (ANAS), has said.

Sports
Azerbaijan secures eight semifinal spots at European U17 Boxing Championships [PHOTOS]

Azerbaijan secures eight semifinal spots at European U17 Boxing Championships [PHOTOS]

Eight Azerbaijani boxers have reached the semifinals of the European U17 Boxing Championships in Budva, Montenegro, securing at least bronze medals.

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