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Thursday February 26 2026
Azerbaijan’s non-oil exports double in decade as diversification drive gathers pace

Azerbaijan’s non-oil exports double in decade as diversification drive gathers pace

In January of this year, Azerbaijan's non-oil exports rose by 9 percent, reaching $268 million. While 10 years ago the country has set ambitious goals, aiming to increase per capita non-oil and gas exports to $450 by 2025 with an annual growth target of 15 percent. However, the pandemic and other global crises had prevented it from fully achieving this target. Nevertheless, in 2025, per capita non-oil and gas exports hovered around $350.

President Aliyev marks sovereignty and remembrance in visit to liberated Khojaly

President Aliyev marks sovereignty and remembrance in visit to liberated Khojaly

After decades of displacement, families are returning to their ancestral homeland. Modern housing has been provided, and reconstruction is underway. What was once a land soaked in blood is now being revived step by step with state support. By January 19, 2026, a total of 881 families, 3,602 people had resettled in Khojaly and its surrounding villages, including Ballıca, Khanyurdu, Tazabina, Shuşakend, Badara, Seyidbeyli, and Dashbulag.

SOCAR, Uzbekneftegaz discuss expanding cooperation to boost Bukhara Refinery efficiency

SOCAR, Uzbekneftegaz discuss expanding cooperation to boost Bukhara Refinery efficiency

Representatives of Uzbekneftegaz and the State Oil Company of the Azerbaijan Republic (SOCAR) have discussed expanding cooperation aimed at improving the efficiency of the Bukhara Oil Refinery. The parties reviewed proposals on implementing modern operational solutions, digitalizing production processes, and...

Azerbaijani banks’ net foreign assets soar 1.2 times

Azerbaijani banks’ net foreign assets soar 1.2 times

As of February 1 this year, the net foreign assets of banks in Azerbaijan amounted to 26.648 billion manat (approximately 15.7 billion US dollars), AzerNEWS reports. According to the Central Bank of the Republic of Azerbaijan (CBA), this represents an increase of...

Zakharova: Europe should keep its mouth shut

Zakharova: Europe should keep its mouth shut

Russian Foreign Ministry spokesperson Maria Zakharova said on Thursday that "no one invited" Ukraine's European allies to peace negotiations, which include Ukraine, Russia and the United States, AzerNEWS reports.

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