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Thursday, May 7, 2026
Central Bank’s hawkish strategy shields Azerbaijan’s non-oil economy

Central Bank’s hawkish strategy shields Azerbaijan’s non-oil economy

The mechanics of this stability are currently being tested by a world in flux. While the national budget was calibrated against a conservative 65-dollar oil benchmark, the geopolitical tremors in the Middle East have propelled crude prices well beyond the 110-dollar threshold.

Nation
Baku to Host First Halal Business forum during IsDB annual meetings

Baku to Host First Halal Business forum during IsDB annual meetings

​A Halal Business Forum will be held in Baku as part of the Annual Meetings of the Islamic Development Bank Group (IsDB).

Oil & Gas
Azeri Light oil prices fall more than 8% in global market selloff

Azeri Light oil prices fall more than 8% in global market selloff

The price of Azerbaijan’s Azeri Light crude oil declined sharply at Italy’s Augusta port, falling by $9.57, or 8.1%, from the previous session to $108.99 per barrel on a CIF basis, AzerNEWS reports.

Business
Azerbaijan nears completion of wind measurements for Kalbajar Power Project

Azerbaijan nears completion of wind measurements for Kalbajar Power Project

Measurement work for the construction of a Wind Power Plant (WPP) in the Kalbajar district is nearing completion, AzerNEWS reports, citing Cavid Abdullayev, director of the State Agency for Renewable Energy Sources under Azerbaijan’s Ministry of Energy.

Armenian-Azerbaijani Relations
Azerbaijan facilitates another transit delivery from Russia to Armenia

Azerbaijan facilitates another transit delivery from Russia to Armenia

A new shipment from Russia to Armenia has been delivered via transit through Azerbaijan, AzerNEWS reports.

World
Moscow to restrict mobile internet and SMS services on May 9

Moscow to restrict mobile internet and SMS services on May 9

Mobile internet services in Moscow will face temporary restrictions on May 9, while access to websites included on the “white list” and SMS messaging services will also be unavailable, AzerNEWS reports.

Analysis

Lifestyle
Young artists showcase vibrant art pieces in art competition [PHOTOS]

Young artists showcase vibrant art pieces in art competition [PHOTOS]

A joint exhibition-competition titled "I Am Proud to Be Azerbaijani" featuring works by young artists has been held through the collaboration of the Humanitarian Department of the Baku City Executive Authority, the Azerbaijan State Academy of Fine Arts, and the Central Botanical Garden, AzerNEWS reports.

Culture
Filmmakers Union explores role of documentary film in modern society [PHOTOS]

Filmmakers Union explores role of documentary film in modern society [PHOTOS]

A discussion titled "Documentary Cinema: Between Film and Television" has been held at the Azerbaijan Filmmakers Union, AzerNEWS reports.

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 Army demonstrates high professionalism in EFES-2026 exercise [PHOTOS/VIDEO]

Azerbaijan Army demonstrates high professionalism in EFES-2026 exercise [PHOTOS/VIDEO]

Pursuant to the plan for the next phase of the exercise, representatives from Azerbaijan, Türkiye, Albania, Niger, Nigeria, Romania carried out drills on search operations in caves, shelters, tunnels, and mountaineering training.

Sports
Azerbaijan's U-17 girls boxing team ranks first at Heydar Aliyev Cup 2026

Azerbaijan's U-17 girls boxing team ranks first at Heydar Aliyev Cup 2026

Azerbaijan's U-17 girls boxing team has finished first in the team standings at the Heydar Aliyev Cup 2026 in Baku after winning 17 medals, including three golds, AzerNEWS reports.

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