Azerbaijan Business Digest
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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.

Azerion Announces Additional Share Purchases by Leadership Team Members

Azerion Announces Additional Share Purchases by Leadership Team Members

Amsterdam, 28 July 2025 - Azerion announces that it has been informed that several members of its Executive Committee along with other members of the operational leadership team have mandated or will mandate Arctic Securities to acquire shares in...

Ukraine, Azerbaijani Seal Groundbreaking Gas Agreement

Ukraine, Azerbaijani Seal Groundbreaking Gas Agreement

(MENAFN) On Monday, Ukraine finalized a groundbreaking agreement with Baku to import Azerbaijani natural gas through the Transbalkan pipeline, marking the first-ever delivery of Azerbaijani gas to the conflict-affected nation. Naftogaz CEO Sergii...

Ukraine Inks Deal with Azerbaijan

Ukraine Inks Deal with Azerbaijan

(MENAFN) On Monday, Ukraine signed an agreement with Baku to import Azerbaijani gas through the Transbalkan route for the first time. This deal marks a significant step towards securing Ukraine’s energy needs amid the ongoing conflict. Sergii...

Kremlin states Azerbaijan, Russia have gotten into ‘difficult period’ in two-sided relations

Kremlin states Azerbaijan, Russia have gotten into ‘difficult period’ in two-sided relations

(MENAFN) The Kremlin acknowledged on Monday that Russia and Azerbaijan are currently experiencing a “difficult period” in their bilateral relations, following Azerbaijan’s recent announcement that it will seek international legal action over a...

Imprisoned Russian-Armenian businessman secures lawsuit against Yerevan

Imprisoned Russian-Armenian businessman secures lawsuit against Yerevan

(MENAFN) A Stockholm arbitration tribunal has halted the Armenian government’s attempt to nationalize a major electricity company owned by Samvel Karapetyan, a jailed Russian-Armenian billionaire. Karapetyan was arrested in June on accusations of...

Kremlin reacts to potential lawsuit from Azerbaijan over lethal air crash

Kremlin reacts to potential lawsuit from Azerbaijan over lethal air crash

(MENAFN) Kremlin spokesman Dmitry Peskov stated on Monday that Azerbaijan has the right to pursue legal action against Russia following the deadly 2024 air crash involving Azerbaijan Airlines flight 8243. The plane was damaged over Russian...

Azerbaijan Seeks Legal Action Against Russia

Azerbaijan Seeks Legal Action Against Russia

(MENAFN) Azerbaijan holds the right to pursue legal proceedings against Russia regarding a fatal aviation incident in 2024, according to Kremlin spokesperson Dmitry Peskov. His remarks came shortly after President Ilham Aliyev indicated that legal...

Kremlin reacts to Azerbaijan’s stance on Ukraine war

Kremlin reacts to Azerbaijan’s stance on Ukraine war

(MENAFN) Russia has acknowledged its disagreement with Azerbaijan’s stance on the Ukraine conflict but expressed hope that this difference will not derail efforts to restore strained bilateral relations. Kremlin spokesperson Dmitry Peskov said on...

Azerbaijan, Russia Enter “Difficult Period” in Relations

Azerbaijan, Russia Enter “Difficult Period” in Relations

(MENAFN) The Kremlin announced on Monday that Azerbaijan and Russia are currently experiencing a “difficult period” in their bilateral relations. “At times, challenging phases emerge in the relationship between two nations. We are presently going...

Imprisoned Russian-Armenian businessman wins lawsuit against Yerevan

Imprisoned Russian-Armenian businessman wins lawsuit against Yerevan

(MENAFN) A Stockholm arbitration tribunal has blocked the Armenian government from proceeding with plans to nationalize a major electricity provider owned by Russian-Armenian billionaire Samvel Karapetyan, who is currently jailed. Karapetyan was...

Russian-Armenian businessman initiates new movement from prison

Russian-Armenian businessman initiates new movement from prison

(MENAFN) Samvel Karapetyan, a Russian-Armenian billionaire currently imprisoned in Armenia, has announced the formation of a new political movement aimed at challenging Prime Minister Nikol Pashinyan's leadership. The declaration comes amid rising...

Ilham Aliyev, President of the Republic of Azerbaijan, made a phone call to Shavkat Mirziyoyev, President of the Republic of Uzbekistan

Ilham Aliyev, President of the Republic of Azerbaijan, made a phone call to Shavkat Mirziyoyev, President of the Republic of Uzbekistan

AZERBAIJAN, July 24 - 24 July 2025, 11:20 On July 24, Ilham Aliyev, President of the Republic of Azerbaijan, made a phone call to Shavkat Mirziyoyev, President of the Republic of Uzbekistan. The head of state congratulated Shavkat Mirziyoyev on...

Azerbaijani leader praises high level relations with China

Azerbaijani leader praises high level relations with China

(MENAFN) Azerbaijani President Ilham Aliyev has praised the strength of relations between Azerbaijan and China, describing them as rooted in a high level of mutual trust. Speaking at a media forum in Khankendi, Aliyev highlighted key developments...

Russia Aims to Fix Ties with Azerbaijan

Russia Aims to Fix Ties with Azerbaijan

(MENAFN) Russia does not share Azerbaijan’s position on the Ukraine conflict, yet the Kremlin remains optimistic that this disagreement will not impede efforts to mend strained relations, Kremlin representative Dmitry Peskov stated on Tuesday. He...

Kremlin disagrees with Azerbaijan over Ukrainian war

Kremlin disagrees with Azerbaijan over Ukrainian war

(MENAFN) The Kremlin has expressed disagreement with Azerbaijan’s view on the Ukraine conflict but remains hopeful that this difference will not obstruct efforts to mend relations, which have recently faced strain. Kremlin spokesman Dmitry Peskov...

Over 400 Global Defense Companies Participate in IDEF 2025

Over 400 Global Defense Companies Participate in IDEF 2025

(MENAFN) The 17th edition of the International Defense Industry Fair (IDEF) 2025 kicked off Tuesday in Istanbul, drawing major defense and technology players from across the globe. Over the course of six days, the event will spotlight the latest...

Russia, Azerbaijan Relations Enter Strained Phase: Kremlin

Russia, Azerbaijan Relations Enter Strained Phase: Kremlin

(MENAFN) Russia acknowledged on Monday that its diplomatic relationship with Azerbaijan has entered a strained phase, marking a rare admission of deteriorating ties between the two nations. “Sometimes, it happens that difficult periods occur in...

Kremlin recognizes Russia-Azerbaijan tension

Kremlin recognizes Russia-Azerbaijan tension

(MENAFN) The Kremlin acknowledged on Monday that ties between Russia and Azerbaijan have entered a “difficult period,” as Azerbaijan announced plans to pursue international legal action regarding a deadly plane crash involving Azerbaijan Airlines...

Azerbaijan claims Russian regulation enforcement of murdering inmates

Azerbaijan claims Russian regulation enforcement of murdering inmates

(MENAFN) Azerbaijan has accused Russian law enforcement of fatally beating two detainees following a raid on an alleged Azerbaijani criminal gang, escalating tensions between the two nations. Baku’s Prosecutor General’s Office announced on Tuesday...

Azerbaijani court imprison Russian reporter

Azerbaijani court imprison Russian reporter

(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...

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