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Thursday September 18 2025
Azerbaijan navigates fiscal discipline with new spending focus

Azerbaijan navigates fiscal discipline with new spending focus

The Ministry of Finance has published the “Statement on the preliminary indicators of the state and consolidated budgets of the Republic of Azerbaijan for 2026,” revealing key trends in revenues, expenditures, and priorities for the coming year. According to the document, state budget revenues are projected at ₼38.4 billion (≈ $22.7 billion), while expenditures will reach ₼41.5 billion (≈ $24.5 billion). Compared to this year’s figures, revenues are forecast to rise by 0.2 percent and expenditures by...

Baku Military Court delivers verdict in high-profile embezzlement case

Baku Military Court delivers verdict in high-profile embezzlement case

The trial of former Deputy Minister of Defense and former Head of the Main Department of Material and Technical Support, the late Lieutenant General Fuad Mammadov, along with company employee Fuad Sheydabeyov and Azer Khalilov, has concluded. They were accused of embezzling a particularly large amount, Azernews reports.

Azerbaijan boosts oil exports to Italy by 48% this year

Azerbaijan boosts oil exports to Italy by 48% this year

From January to August 2025, Azerbaijan exported a total of 9.198 million tons of crude oil and bitumen-containing petroleum products to Italy, generating $4.801 billion in revenue, Azernews reports, citing the State Customs Committee of Azerbaijan.

Nokia launches Germany’s first 5G smart rail network

Nokia launches Germany’s first 5G smart rail network

Deutsche Bahn (DB) and Nokia have taken a significant leap into the future of rail communications by launching the world’s first commercial 5G network specifically designed for smart railway operations, Azernews reports.

Azerbaijan makes its debut at Australia's Tesselaar Tulip Festival [PHOTOS]

Azerbaijan makes its debut at Australia's Tesselaar Tulip Festival [PHOTOS]

For the first time in the history of the event, Azerbaijan has been officially represented at Tesselaar Tulip Festival held in Melbourne, Australia, Azernews reports citing Azerbaijan's State Committee on Work with Diaspora.

Nasimi Festival brings poetry, ballet, and music to Shamakhi

Nasimi Festival brings poetry, ballet, and music to Shamakhi

On September 24, at the Nasimi Gardens Complex in Shamakhi, an artistic programme dedicated to the works of Imadaddin Nasimi will be presented, along with the premiere of the ballet “The Legend of Nasimi” in a new production.

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