AzerNews - News from Azerbaijan, Business, Energy, Analysis

Armenian Prime Minister Nikol Pashinyan has dismissed Gagik Vanoyan, head of the State Protocol Service, following a mistake he made during a press conference with Kyrgyz President Sadyr Japarov.

Azerbaijan imported tobacco and tobacco products worth $111.5 million between January and September 2026, marking an increase of approximately 17% compared with the corresponding period last year.

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) generated AZN 8.74 billion ($5.14 billion) in revenues from oil and gas projects between January and September 2026, representing an 11.5% increase compared with the corresponding period last year.

A $10 increase in oil prices improves Azerbaijan’s current account balance by approximately $1.2 billion, while a $50 increase in the price of 1,000 cubic meters of natural gas adds a further $900 million in positive impact.

The United States is preparing a mechanism that could allow sanctioned oil tankers to return to legitimate commercial operations, as global tanker shortages and record-high freight rates place increasing pressure on international energy markets.

Iranian Foreign Ministry spokesperson Esmail Baghaei has expressed hope that the controversy surrounding school uniform regulations in Azerbaijan will be resolved through mutual understanding, respect for fundamental human rights and recognition of shared…

A trilateral meeting was held in Ashgabat, the capital of Turkmenistan, on October 20, bringing together Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation; Oguljahan Atabayeva, Vice-President for Medical Affairs of the Gurbanguly Berdimuhamedov

Vugar Suleymanov, Chairman of the Board of the Azerbaijan National Agency for Mine Action (ANAMA), has met with Dmitry Shlapachenko, the newly appointed United Nations Resident Coordinator in Azerbaijan.

Israeli military forces arrested a civilian during an incursion into the northern countryside of Syria's Quneitra governorate, according to Syrian state news agency SANA.

Gold futures on the COMEX division of the New York Mercantile Exchange fell by ...

An exhibition titled "Oil and Icon" and a concert celebrating the 35th anniversary of Azerbaijan's restoration of independence were held in Washington, D.C.

On October 10, Gamesummit and OMNI AI Summit will take place in Baku with Azercell as the exclusive partner.

Russian Security Council Deputy Chairman Dmitry Medvedev warned on Friday that Russian citizens risk being detained while traveling across Europe, particularly if they publicly criticize Western governments, the European Union, or Ukraine.

Azerbaijan has signed two grant agreements with the Asian Infrastructure Investment Bank (AIIB) to support the development of offshore wind energy infrastructure and the Caspian Green Energy Corridor project.

Gara Garayev's ballet Seven Beauties was staged at Heydar Aliyev Palace in Baku on October 8.

October 9 holds a special place in Azerbaijan’s modern history as the anniversary of Hadrut’s liberation during the 44-day Patriotic War of 2020.

Belarusian President Alexander Lukashenko has described Azerbaijan’s decision to assume the chairmanship of the Commonwealth of Independent States (CIS) for the first time in 2028 as a historic step.

President of the Republic of Azerbaijan Ilham Aliyev concluded his working visit to Turkmenistan on October 9.

The estimated assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) declined by $1.45 billion in September 2026, as falling gold prices and losses across international financial markets placed pressure on the value of its investment portfolio.

Kazakh President Kassym-Jomart Tokayev has identified the North-South, Western China-Western Europe and Trans-Caspian corridors as priority routes for his country.

Global investments in gold-backed exchange-traded funds (ETFs) reached $10 billion in September, bringing total inflows into gold ETFs to a record $31 billion in the third quarter of 2026.

UN Watch has strongly criticised the decision to award the 2026 Nobel Peace Prize to South African jurist and former United Nations human rights chief Navi Pillay, accusing her of demonstrating bias against Israel and defending a colleague who made remarks

The "Turkic Economic Review" for the first half of 2026 (January–June, No. 2), prepared in eight languages by the Center for Analysis of Economic Reforms and Communication (CAERC) in cooperation with the Secretariat of the Organization of Turkic States (O…

A meeting with Sabir Rustamkhanli, People's Poet, public and political figure, and co-chair of the World Congress of Azerbaijanis, has been held at the Azerbaijan National Library.

“Pakistani troops are already deployed in Saudi Arabia and are engaged in various defensive operations.

The execution of a US Army soldier convicted of killing 13 people and injuring 32 others at Fort Hood military base in Texas in 2009 is set to be broadcast live on December 3.

More than 631,000 tonnes of cargo were handled at the Astara Terminal in Iran during January-September 2026.

Yasmin Fatiyeva, a student at Baku Oxford School, has won first place in the History category of the John Locke Institute Global Essay Prize 2026, one of the most prestigious international academic essay competitions for school students.

The third meeting of the Partner Country Capability Compatibility Initiative and the opening ceremony of the Level 1 Self-Evaluation Training have been held in Baku within the framework of the NATO Partnership for Peace Programme between Azerbaijan and NA…

A meeting between President of the Republic of Azerbaijan Ilham Aliyev and President of the Islamic Republic of Iran Masoud Pezeshkian has begun in Turkmenbashi, Turkmenistan.

“Preserving the Caspian’s unique ecosystem is a common task for all littoral states,” President Ilham Aliyev said as he addressed the Caspian Environmental Summit in Turkmenbashi.

Azerbaijan is taking part in the 78th Frankfurt International Book Fair, held from October 7 to 11.

“One of the most serious problems facing the Caspian is its shallowing.

Gold and silver prices recorded gains on the COMEX in New York.

“Today, the economic and strategic importance of the Caspian is growing even further.

With the CIS chair coming in 2028, an OIC summit in 2027 and a European leaders' gathering to follow, Baku's diplomatic calendar has quietly become one of the busiest in Eurasia

An expanded meeting of the Caspian Environmental Summit got underway in the city of Turkmenbashi, Turkmenistan, on October 9.

On October 9, President of the Republic of Azerbaijan Ilham Aliyev and other heads of state and government attending the meeting of the CIS Council of Heads of State viewed the national stands of the participating countries at the Awaza Complex.

Falling water levels, climate change and mounting pressure on marine ecosystems put regional cooperation in the spotlight as Azerbaijan’s president visits Turkmenistan.

Eight Azerbaijani boxers have reached the semifinals of the European U17 Boxing Championships in Budva, Montenegro, securing at least bronze medals.

As of October 1, 2026, Azerbaijan's external public debt stood at $4.509 billion, down 7.8% compared with the same period a year earlier.

The Jafar Jabbarly Republican Youth Library has prepared a presentation dedicated to the rich academic and pedagogical legacy of Aida Imanguliyeva, a prominent scholar who holds a special place in the history of Oriental studies.

Azerbaijani para taekwondo athlete Sabir Zeynalov has won a silver medal at the Para Taekwondo Grand Prix in Paris.

A meeting between representatives of the insurance sectors of Azerbaijan and Estonia was held in Baku, organized by the Compulsory Insurance Bureau (CIB).

The head of the Atomic Energy Organization of Iran, Mohammad Eslami, said that his country will not abandon uranium enrichment or hand over its stockpiles of enriched uranium.

Azerbaijan's state budget recorded a surplus of 3.96 billion manats ($2.33 billion) in January–September 2026, as revenues exceeded official projections and continued to outpace government expenditures.

Russia has raised concerns over the development of a new artificial intelligence data centre in Armenia, warning that plans to expand the facility's capacity could place considerable pressure on the country's electricity system and potentially lead to pow…

The first qualifying round of the Azerbaijan Football Cup will conclude on October 9 with one match remaining.

Türkiye is continuing construction of the Kars–Iğdır–Aralık railway line, a strategic infrastructure project intended to strengthen transport connections with Azerbaijan's Nakhchivan Autonomous Republic and support the development of the Zangezur Corridor.

An expanded-format meeting of the CIS Council of Heads of State got underway in Turkmenbashi, Turkmenistan.