Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Azerbaijan Business Digest.
Azerbaijani court imprison Russian reporter
MENAFN
·
July 17, 2025
(MENAFN) A court in Baku has ordered a four-month pre-trial detention for Igor Kartavykh, head of Sputnik Azerbaijan’s editorial office, and Editor-in-Chief Evgeny Belousov. The arrests took place during a police raid on Sputnik’s Baku office the...
Moscow calls upon Azerbaijani ambassador
MENAFN
·
July 17, 2025
(MENAFN) Russia’s Foreign Ministry has summoned Azerbaijani Ambassador Rakhman Mustafaev following the detention of three Russian journalists in Baku. The detained individuals include two senior editors from Sputnik and one journalist from the...
Turkey, Georgia to boost bilateral trade volume to five billion dollars
MENAFN
·
July 17, 2025
(MENAFN) Türkiye and Georgia aim to boost their bilateral trade volume to $5 billion, Turkish Trade Minister Omer Bolat said on Wednesday, noting that current trade has already exceeded $3.5 billion. Speaking at the Türkiye-Georgia Business Forum...
Azerbaijan’s SOCAR, Syria Seal Gas Agreement
MENAFN
·
July 13, 2025
(MENAFN) Azerbaijan’s state oil giant SOCAR has formalized an agreement with the Syrian government to supply natural gas to Syria, marking a significant step in Damascus' push for energy stability, media reported. The memorandum of understanding...
Baku, Yerevan Confirm Bilateral Negotiations Key to Normalize Relations
MENAFN
·
July 13, 2025
(MENAFN) On Thursday, Baku and Yerevan reiterated that direct bilateral negotiations remain the “most efficient” way forward in their ongoing efforts to normalize relations. This development followed high-level discussions between Azerbaijani...
Azerbaijan, UAE Forge Economic Cooperation in Abu Dhabi Talks
MENAFN
·
July 13, 2025
(MENAFN) Azerbaijani President Ilham Aliyev held a key meeting on Wednesday with United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, culminating in the signing of a broad economic partnership agreement and discussions...
KBR Joint Venture Selected by BP for Two Energy Security Projects in Azerbaijan
GlobeNewswire, Inc.
·
July 15, 2025
HOUSTON, July 15, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that its joint venture with SOCAR, SOCAR-KBR LLC, has been awarded two contracts by BP in Azerbaijan – one to support the Sangachal Terminal Electrification (STEL) project,...
Syrian President Kicks Off Inaugural Official Azerbaijan Visit
MENAFN
·
July 13, 2025
(MENAFN) Syrian President Ahmad al-Sharaa arrived in Azerbaijan on Saturday for his inaugural official trip since taking office earlier this year, confirmed by a Syrian state news outlet and an Azerbaijani news agency. Details about the visit’s...
Azerbaijani, Armenian Leaders Prepare for Talks
MENAFN
·
July 10, 2025
(MENAFN) Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan are set to have a one-on-one meeting in the capital city of the United Arab Emirates on Thursday. According to a declaration issued by the Azerbaijani...
Azerion announces definitive agreement with DoubleDown Interactive for the sale of Whow Games Company sharpens focus on digital advertising, cloud services and AI
GlobeNewswire, Inc.
·
July 9, 2025
Amsterdam, 9 July 2025 – Azerion, a leading European digital advertising platform, today announces the sale of its subsidiary Whow Games, the lion’s share of its Premium Games segment, to DoubleDown Interactive, part of South Korea-based...
Azerbaijani President, Armenian PM Set to Meet in Abu Dhabi
MENAFN
·
July 9, 2025
(MENAFN) A high-stakes bilateral meeting between Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan is scheduled for Thursday in Abu Dhabi, the capital of the United Arab Emirates. According to a Wednesday announcement...
Azerbaijani, Armenian Leaders Schedule Talks
MENAFN
·
July 9, 2025
(MENAFN) Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan are set to have a one-on-one meeting in the capital city of the United Arab Emirates this Thursday. According to a declaration released by the Azerbaijani...
Russia Voices Support for Azerbaijan-Armenia Peace Talks in Abu Dhabi
MENAFN
·
July 10, 2025
(MENAFN) Russia has expressed support for the direct negotiations underway between Armenia and Azerbaijan in Abu Dhabi, viewing them as a positive step toward a long-awaited peace agreement following decades of hostility, the Kremlin announced...
Russia Supports Azerbaijan, Armenia Peace Talks
MENAFN
·
July 10, 2025
(MENAFN) Russia has expressed its approval of the direct negotiations between Azerbaijan and Armenia, which took place in Abu Dhabi, the capital of the UAE. The discussions aim to secure a peace agreement following years of ongoing conflict. This...
Turkish Finance Minister states benefits of disarming PKK on economy
MENAFN
·
July 9, 2025
(MENAFN) Türkiye’s Treasury and Finance Minister Mehmet Simsek has stated that the disarmament of the terrorist PKK will lead to “massive economic gains” for the region. Speaking at the UK-Türkiye Islamic Finance Forum in London, Simsek also...
Russian, Azerbaijani Emergency Ministers Convene
MENAFN
·
July 8, 2025
(MENAFN) On Tuesday, the Russian Emergency Situations Ministry reported that its chief had held a one-on-one meeting with his Azerbaijani counterpart in the capital city of Baku earlier that day. During the discussions, Alexander Kurenkov and...
Russian, Azerbaijani Emergency Ministers discuss collaboration between nations
MENAFN
·
July 8, 2025
(MENAFN) The Russian Ministry of Emergency Situations announced that its minister met with his Azerbaijani counterpart in Baku on Tuesday for bilateral discussions. During the meeting, Alexander Kurenkov and Kamaladdin Heydarov addressed various...
Azerbaijani Foreign Ministry urges Russia to take appropriate steps to ease tensions
MENAFN
·
July 3, 2025
(MENAFN) Azerbaijan summoned Russia’s ambassador to Baku on Wednesday as tensions between the two nations escalated following a raid in Yekaterinburg last month, which led to the deaths of two Azerbaijanis while in Russian custody. According to a...
Azerbaijan Calls in Russian Ambassador Amid Escalating Tensions
MENAFN
·
July 3, 2025
(MENAFN) Azerbaijan escalated tensions with Russia on Wednesday by summoning Ambassador Mikhail Yevdokimov to Baku, following the deadly raid in Yekaterinburg late last month, which claimed the lives of two Azerbaijani nationals while in custody....
Azerbaijan Rebukes Russia Amid Rising Strains
MENAFN
·
July 3, 2025
(MENAFN) On Wednesday, Azerbaijan summoned the Russian ambassador to Baku as diplomatic tensions intensified between the two nations. The development follows a raid in Yekaterinburg, Russia, late last month, during which two Azerbaijani citizens...