AzerNews - News from Azerbaijan, Business, Energy, Analysis

Azerbaijan’s $90 billion reserve cushion meets new push for global capital

The key indicators characterizing Azerbaijan’s upcoming economic stage already carry meaning that goes beyond individual statistical figures. $20 billion, $30 trillion, 5.6 percent, $90 billion, 16 million tons and 30 million tons – these figures bring together Azerbaijan’s investment attractiveness, financial resilience, energy potential and transportation capabilities within a single economic picture.

Nation

Baku, Tehran discuss bilateral relations

Azerbaijan and Iran have discussed the current state of bilateral relations and prospects for further development, Azerbaijan’s Ministry of Foreign Affairs said.

Oil & Gas

Azeri Light oil price falls to $124.01 per barrel at Augusta port

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port on a CIF basis stood at $124.01 per barrel, down $0.75, or 0.6%, compared with the previous fig

Business

Azerbaijan’s construction sector exceeds 14.4 billion manats in 2025

Privately owned enterprises accounted for 9.9431 billion manats ($5.849 billion), or 68.8% of the total construction work completed during the year.

Armenian-Azerbaijani Relations

2020 exposed limits of international law: what President Aliyev’s Al Jazeera interview revealed

The most revealing part of President Ilham Aliyev’s 2020 Al Jazeera interview was not what the Azerbaijani leader said about the war that had just begun. It was the chronology behind his argument.

World

Pakistan sends 30,000–40,000 troops to Saudi Arabia amid regional escalation

Pakistan has deployed between 30,000 and 40,000 troops to Saudi Arabia to help protect the kingdom’s land borders and counter potential drone and missile attacks.