Catch up with business and economy news from Azerbaijan

Provided by AGP

AGP Executive Report

Last update: 12 hours ago

Telecom & Innovation: Azercell is backing the “Baku Flames” creativity and effectiveness festival for a second year, positioning itself as Technology and Innovation Partner as Meta, Google and TikTok speakers take the stage. Energy & Corporate Moves: SOCAR has appointed Levan Davitashvili as CEO of Italiana Petroli after SOCAR’s near-total acquisition, signaling tighter integration of the Italian asset into the SOCAR group. Green Power Push: Azerbaijan, Kazakhstan and Uzbekistan are advancing a Green Energy Corridor plan, with Tashkent talks focused on building cross-border power links for clean electricity exports. Offshore Wind Data: EOLOS has deployed a floating LiDAR buoy in the Caspian for Azerbaijan Green Energy Company, aiming to deliver “bank-grade” measurements for turbine and foundation choices. Regional Trade & Food Flows: Another wheat shipment—14 wagons, 977 tons—is set to transit Azerbaijan en route to Armenia. Macro Watch: ING slightly lifted its Azerbaijan inflation outlook for 2026–27, while Azerbaijan’s reserves remain above adequacy standards. Diplomacy: Ilham Aliyev is in Turkistan for the OTS informal summit, where Turkic unity and AI/digital coordination are front and center.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Azerbaijan hosts neocolonialism-focused Global South conference

Azerbaijan hosts neocolonialism-focused Global South conference

Shusha hosts 9th Kharibulbul International Music Festival in Azerbaijan

Shusha hosts 9th Kharibulbul International Music Festival in Azerbaijan


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May. 15, 2026

Ilham Aliyev attends OTS Informal Summit in Turkistan

President of Azerbaijan

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May. 12, 2026

Cambodia, Azerbaijan Commit to Deeper Bilateral Ties

MENAFN

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May. 13, 2026

Pakistan, Azerbaijan Presidents Discuss Regional Conflict, Cooperation

MENAFN

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May. 12, 2026

Turkey, Belgium Discuss Transport Connectivity, Trade Routes

MENAFN

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May. 11, 2026

Azerbaijan's President Blasts EU Observers as Biased Toward Armenia

MENAFN

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May. 10, 2026

Azerbaijan Continues Fuel Shipments to Armenia Amid Expanding Transport Cooperation

MENAFN

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