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Monday, May 4, 2026
Azerbaijan prioritises export competitiveness over currency gains

Azerbaijan prioritises export competitiveness over currency gains

The recent monetary intervention by the Central Bank of Azerbaijan stands as one of the most significant financial maneuvers in the country’s modern economic history, marking a decisive moment in the management of the national currency. During the month of April 2026, the Central Bank actively entered the domestic foreign exchange market to purchase a staggering one billion US dollars.

Nation
Unfortunately, double standards are today a kind of modus operandi for PACE, says President Aliyev

Unfortunately, double standards are today a kind of modus operandi for PACE, says President Aliyev

“In September 2023, Azerbaijan put an end to separatism in Garabagh. We ourselves implemented the four UN Security Council resolutions adopted in 1993, which remained on paper for 30 years. Four months after that, PACE imposed sanctions on our delegation,” President of Azerbaijan Ilham Aliyev said during his speech via video link at the 8th European Political Community Summit.

Oil & Gas
Oil prices remain resilient amid shipping disruptions

Oil prices remain resilient amid shipping disruptions

Oil prices edged lower on Monday after Donald Trump announced that the United States would begin efforts to assist vessels stranded in the strategically vital Strait of Hormuz, AzerNEWS reports, citing Reuters. Despite the move, the absence of a peace agreement between Washington and Tehran continued to support prices above the...

Business
Limestone and gypsum production rises in Azerbaijan as sector gains momentum

Limestone and gypsum production rises in Azerbaijan as sector gains momentum

Production of key construction materials in Azerbaijan continued to expand in the first quarter of 2026, reflecting broader growth in the country’s non-oil industrial sector, AzerNEWS reports. According to the State Statistics Committee of Azerbaijan, limestone production for construction purposes reached...

Armenian-Azerbaijani Relations
PM Pashinyan credits European Political Community with advancing Armenia–Azerbaijan peace

PM Pashinyan credits European Political Community with advancing Armenia–Azerbaijan peace

“The EPC forum is very important. It played a crucial role in establishing peace between Azerbaijan and Armenia,” Prime Minister of Armenia Nikol Pashinyan said during his speech at the 8th European Political Community Summit in Yerevan.

World
IRGC issues new Hormuz control map amidst Iran's threat to to attack any force approaching Strait

IRGC issues new Hormuz control map amidst Iran's threat to to attack any force approaching Strait

Iran's Revolutionary Guards Corps (IRGC) Navy released a new map on Monday outlining areas of the Strait of Hormuz that it said were under Iranian military control, 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

Lifestyle
Threads that bind time: Journey through Int'l Carpet Festival 2026 [PHOTOS]

Threads that bind time: Journey through Int'l Carpet Festival 2026 [PHOTOS]

There is a moment just before the sun crests over the Caspian Sea when the ancient limestone walls of Baku's Icherisheher seem to hold their breath. But this May, the Old City is not sleeping; it is singing in a symphony of silk, wool, and color. The cobblestones that have weathered empires are now draped in the magnificent legacy of Azerbaijan. Welcome to the 2026 International Carpet Festival, where history isn't just remembered; it is woven.

Culture
bp presents major publications on Azerbaijani carpet art [PHOTOS]

bp presents major publications on Azerbaijani carpet art [PHOTOS]

On May 1, bp presented a set of three books on Azerbaijan’s carpet art, proudly sponsored as part of the company’s long‑standing commitment to supporting the country’s rich cultural heritage. The presentation took place at a special event hosted by bp at the Azerbaijan National Carpet Museum and was timed to coincide with the International Carpet Festival 2026, currently taking place in Baku.

Analysis

Events
Azerbaijan Special Forces complete training session for reservists [PHOTOS]

Azerbaijan Special Forces complete training session for reservists [PHOTOS]

In accordance with the plan, the reservists participated in fire, tactical, drill, physical, and socio-political training classes, as well as theoretical and practical classes in various specialties, along with educational discussions on patriotism.

Sports
Baku, Belgrade strengthen sports cooperation [PHOTOS]

Baku, Belgrade strengthen sports cooperation [PHOTOS]

Azerbaijan and Serbia have held high-level talks on expanding cooperation in the field of sports, focusing on future joint projects and international collaboration, AzerNEWS reports.

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