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Saturday, May 2, 2026
EBRD expands Azerbaijan exposure as economy diversifies beyond oil

EBRD expands Azerbaijan exposure as economy diversifies beyond oil

The gradual expansion of the European Bank for Reconstruction and Development’s portfolio in Azerbaijan, reaching nearly nine hundred million euros this spring, serves as a significant bellwether for the country’s shifting economic priorities.

Nation
Ambassador: Visit of Slovak President to Azerbaijan is planned

Ambassador: Visit of Slovak President to Azerbaijan is planned

The ongoing reconstruction and development efforts in Karabakh are leaving a highly positive impression, Slovak Ambassador to Azerbaijan Elchin Gasimov said in remarks to journalists, AzerNEWS reports, citing Azertag.

Oil & Gas
Azeri Light crude falls over 2% in global markets

Azeri Light crude falls over 2% in global markets

The price of Azerbaijan’s Azeri Light crude oil has declined at major export points, reflecting a broader downturn in global oil markets.

Business
US draws on strategic oil reserves to offset global supply disruptions

US draws on strategic oil reserves to offset global supply disruptions

The United States has tapped into its Strategic Petroleum Reserve (SPR), releasing 17.5 million barrels of oil to help ease global supply shortages triggered by ongoing tensions in the Middle East, AzerNEWS reports.

Armenian-Azerbaijani Relations
Azerbaijani gasoline helped stabilize prices in Armenia, minister Papoyan says

Azerbaijani gasoline helped stabilize prices in Armenia, minister Papoyan says

Armenian Economy Minister Gevorg Papoyan has stated that fuel supplies from Azerbaijan have played a role in preventing a sharp rise in gasoline prices in Armenia amid ongoing volatility in global energy markets, AzerNEWS reports.

World
Zelenskyy turns to Türkiye as key platform for Russia-Ukraine talks

Zelenskyy turns to Türkiye as key platform for Russia-Ukraine talks

Ukrainian President Volodymyr Zelenskyy has reportedly halted efforts to persuade the United States to remain actively engaged in dialogue over the ongoing conflict in eastern Ukraine, 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
Carpet Forum 2026 highlights production,sustainability and global distribution [PHOTOS]

Carpet Forum 2026 highlights production,sustainability and global distribution [PHOTOS]

The second session, titled "Production,Sustainability, and Global Distribution," has taken place at the Baku Business Center as part of the 2nd International Carpet Forum 2026, AzerNEWS reports.

Culture
Baku hosts exhibition titled “In the footsteps of Azerbaijan’s nature” [PHOTOS]

Baku hosts exhibition titled “In the footsteps of Azerbaijan’s nature” [PHOTOS]

As part of the “Explore Azerbaijan with IDEA” project, launched at the initiative of Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, founder and head of IDEA Public Union, an exhibition titled “In the footsteps of Azerbaijan’s nature” opened at the Seaside National Park.

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
Another mini-football tournament held among orphanage teams on Leyla Aliyeva’s initiative [PHOTOS]

Another mini-football tournament held among orphanage teams on Leyla Aliyeva’s initiative [PHOTOS]

On the initiative of Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, founder and head of IDEA Public Union, another “Friendship Cup” mini-football tournament was held among teams of boys and girls aged 10–11 from orphanages, AzerNEWS reports.

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