AzerNews - News from Azerbaijan, Business, Energy, Analysis

Europe turns to Azerbaijan as energy security drives new alliances

Amid ongoing conflicts in various regions worldwide, Azerbaijan has emerged as one of the safest countries, a status that significantly influences its geopolitical and economic relationships.

Nation

Azerbaijan provides humanitarian aid to flood-affected families in Pakistan [PHOTOS]

According to the Embassy of Azerbaijan in Pakistan, as part of the project implemented through the diplomatic mission, 400 flood-affected families received aid packages containing essential food products and daily necessities.

Oil & Gas

SOCAR becomes sole owner of EKOL Engineering Services after stake sale

Following the announcement of the liquidation of its representative office in Azerbaijan, Lancer Services S.A. sold its stake in EKOL Engineering Services OJSC, in which it had been a shareholder.

Business

Gold prices surge amid global uncertainty

Gold, traditionally regarded as a safe-haven asset, has experienced a complex and volatile trajectory in early 2026, shaped by competing macroeconomic forces, geopolitical risks, and liquidity dynamics, AzerNEWS reports. On the COMEX Commodity Exchange in New York, the price of one troy ounce of gold rose by...

Armenian-Azerbaijani Relations

Ankara-Yerevan bridge deal marks strategic pivot in South Caucasus

While many might view the bridge's restoration as having only symbolic or touristic value, the project contains much deeper economic and strategic layers.