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Wednesday, May 20, 2026
Moody’s and Fitch ratings mark major milestone for Azerbaijan’s energy sector

Moody’s and Fitch ratings mark major milestone for Azerbaijan’s energy sector

The significance of the Baseline Credit Assessment being among the highest in the CIS region cannot be overstated because it reflects the internal strength of the company’s asset base. While many state-backed entities in emerging markets are viewed as extensions of their national treasuries, the Southern Gas Corridor has demonstrated that its project architecture, spanning from the depths of the Caspian Sea to the heart of Europe, is economically sound even on a standalone basis.

Nation
Urban policy needs to adapt to a fast-changing world, expert says [EXCLUSIVE]

Urban policy needs to adapt to a fast-changing world, expert says [EXCLUSIVE]

At World Urban Forum 13, Professor of Urban Politics and Development, Global Development Institute, Seth Schindler spoke about one of the least discussed but increasingly urgent challenges facing modern cities, AzerNEWS reports.

Oil & Gas
Azeri Light oil price falls below $118 per barrel

Azeri Light oil price falls below $118 per barrel

The price of Azerbaijan’s flagship Azeri Light crude oil declined on international markets, according to sources in the oil sector, AzerNEWS reports.

Business
Economist: Sustainable cities need strong awareness networks

Economist: Sustainable cities need strong awareness networks

Speaking on the sidelines of the 13th session of the United Nations World Urban Forum (WUF13) in Baku, PhD in Economics and NGO representative Nick Nwolisa expressed his overall impressions of the forum and highlighted the growing attention Azerbaijan is receiving for its urban development agenda.

Armenian-Azerbaijani Relations
Strategic reclamation of Lachin: How diplomacy and military rewrote South Caucasus map

Strategic reclamation of Lachin: How diplomacy and military rewrote South Caucasus map

To understand the profound strategic and emotional weight of Lachin’s return to Azerbaijani sovereignty, one must first revisit the bleak spring of 1992.

World
Blackstone and Google launch $5 billion AI data center venture

Blackstone and Google launch $5 billion AI data center venture

Blackstone, the American investment company and the world’s largest private data center owner, has announced a $5 billion investment in a new joint venture with Google to develop cloud computing infrastructure powered by TPUs, specialized chips designed for artificial intelligence workloads, AzerNEWS reports.

Analysis

Lifestyle
Creative minds gather for cultural urbanism dialogue at World Urban Forum [PHOTOS]

Creative minds gather for cultural urbanism dialogue at World Urban Forum [PHOTOS]

An event titled "A City Woven from National Motifs: The Culture of Urban Planning" has been held at the NGO Agency's pavilion in the Urban Expo as part of the World Urban Forum (WUF13) in Baku, AzerNEWS reports.

Culture
People's Artist Gulyaz Mammadova meets young talents in Sabirabad [PHOTOS]

People's Artist Gulyaz Mammadova meets young talents in Sabirabad [PHOTOS]

Within the "Dialogue About Art" project organized by the Culture Ministry's Scientific, Methodological and Qualification Center for Culture (MEMİM), a meeting has taken place at Sabirabad District Cultural Center with Gulyaz Mammadova, soloist of the State Academic Opera and Ballet Theater and the Rashid Behbudov State Song Theater, and People's Artist of Azerbaijan and Uzbekistan, 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
Civil societies play key role in shaping inclusive urban policies at WUF13, says NGO Forum Chief

Civil societies play key role in shaping inclusive urban policies at WUF13, says NGO Forum Chief

Speaking to AzerNEWS on the sidelines of the 13th session of the United Nations World Urban Forum (WUF13) in Baku, Ramil Isganderli, Executive Director of the Azerbaijan National NGO Forum, highlighted the growing role of NGOs and civil society organizations in urban governance, sustainable development, and decision-making processes.

Sports
Baku,Tashkent strengthen table tennis cooperation [PHOTOS]

Baku,Tashkent strengthen table tennis cooperation [PHOTOS]

The Table Tennis Federations of Azerbaijan and Uzbekistan have signed a Memorandum of Understanding to strengthen mutual cooperation and friendly relations, AzerNEWS reports.

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