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Saturday, October 31, 2026
Azerbaijan’s external surplus gives manat stronger support heading into 2027

Azerbaijan’s external surplus gives manat stronger support heading into 2027

Azerbaijan enters the final months of 2026 with an external trade position that supports confidence in the manat. In January–September, the country exported goods worth $23.865 billion and imported $13.346 billion, producing a positive trade balance of $10.519 billion. Total foreign trade turnover reached $37.211 billion, up 5.2% year on year. Exports grew 28.3%, while imports declined 20.4%. These figures form a persuasive economic case for expecting the manat to remain around its current rate of 1.70 per US dollar through year-end, provided current policy conditions continue.

Nation
President Ilham Aliyev watched FIFA U-15 World Cup and Festival final and attended award ceremony [PHOTOS]

President Ilham Aliyev watched FIFA U-15 World Cup and Festival final and attended award ceremony [PHOTOS]

On October 30, President of the Republic of Azerbaijan Ilham Aliyev watched the FIFA U-15 World Cup and Festival final at Baku Crystal Hall.

Oil & Gas
Gazprom CEO warns of potential gas price spike in Europe

Gazprom CEO warns of potential gas price spike in Europe

Gazprom CEO Alexey Miller said that natural gas prices in Europe could climb to $2,500 per 1,000 cubic metres if the region experiences an especially harsh winter.

Business
Azerbaijan ranks second in region for bank liquidity, Moody’s says

Azerbaijan ranks second in region for bank liquidity, Moody’s says

International credit rating agency Moody’s Ratings has said that Azerbaijani banks have sufficient capital and liquidity buffers to support an expansion of lending. According to the rating agency, liquid assets accounted for ...

Armenian-Azerbaijani Relations
Armenia reports no recent fuel imports from Azerbaijan despite earlier SOCAR shipments

Armenia reports no recent fuel imports from Azerbaijan despite earlier SOCAR shipments

Armenia has reportedly received no new fuel supplies from Azerbaijan in recent months, despite earlier shipments of gasoline and diesel that marked a significant development in trade relations between the two countries.

World
US-Iran mediated talks said to be going for 12 hours

US-Iran mediated talks said to be going for 12 hours

Negotiators from Qatar have been holding ongoing discussions in Tehran for 12 hours, Axios reported on Friday, citing a source.

Analysis

Lifestyle
Leyla Aliyeva familiarizes herself with activities of social sewing facility in Shamakhi [PHOTOS]

Leyla Aliyeva familiarizes herself with activities of social sewing facility in Shamakhi [PHOTOS]

Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, and Alena Aliyeva visited a social sewing facility operating in the city of Shamakhi on October 26.

Culture
Baku hosts summer dreams art exhibition featuring 1,300 works by young artists [PHOTOS]

Baku hosts summer dreams art exhibition featuring 1,300 works by young artists [PHOTOS]

Baku has hosted another series of creative exhibitions under the title “Summer Dreams” as part of the project “Be at One with Nature, Share Its Beauty!”, according to a statement by the Khatai Arts Centre.

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
Azercell-backed event promotes Azerbaijani craftsmanship and women's empowerment

Azercell-backed event promotes Azerbaijani craftsmanship and women's empowerment

The "Fabric of the Future" event, organised under the SHE platform in partnership with Azercell, brought together cultural heritage, traditional craftsmanship and women's empowerment, highlighting opportunities for women to develop their skills and expand their economic participation.

Sports
Zangilan schoolchildren take part in Victory Day cycling event [PHOTOS]

Zangilan schoolchildren take part in Victory Day cycling event [PHOTOS]

A cycling event for schoolchildren from Zangilan District has been organised through a joint initiative of the Special Representative Office of the President of the Republic of Azerbaijan in Jabrayil, Zangilan and Gubadli districts and the Azerbaijan Cycling Federation (ACF).

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