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Sunday February 22 2026
Domestic capital leads diversification as foreign funds focus on energy

Domestic capital leads diversification as foreign funds focus on energy

It is clear that investments were mainly allocated to the oil and gas sector. Thus, 374.5 million manats of investments in fixed capital from foreign sources covered this sector. However, an increase was also observed in the non-oil and gas sector compared to the previous year, though the figure, 27.4 million manats, remains significantly less. The contrast is striking: while oil and gas investments rose by 80.2 percent compared to January 2025, non-oil investments fell by 75.3 percent.

Ruben Vardanyan linked to Epstein files

Ruben Vardanyan linked to Epstein files

Businessman Ruben Vardanyan, recently convicted of war crimes by a Baku court, appears in the so-called Epstein files, a collection of emails, correspondence, and records from the late U.S. financier Jeffrey Epstein, AzerNEWS reports.

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