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.
Baku, Yerevan Confirm Bilateral Negotiations Key to Normalize Relations
MENAFN
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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’s SOCAR, Syria Seal Gas Agreement
MENAFN
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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...
Azerbaijan, UAE Forge Economic Cooperation in Abu Dhabi Talks
MENAFN
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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...
Oxfam reaction to the communiqué of the third meeting of G20 Finance Ministers and Central Bank Governors under South African presidency
Oxfam
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July 18, 2025
Reacting to the communique issued at the conclusion of 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the South African presidency, Nkateko Chauke, Interim Executive Director at Oxfam South Africa said: “Although the...
Russia indorses values amid Azerbaijan rift
MENAFN
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July 17, 2025
(MENAFN) Russia values maintaining friendly ties with Azerbaijan, Russian Foreign Ministry spokeswoman Maria Zakharova emphasized while addressing the current diplomatic rift between Moscow and Baku. Her remarks came after a Baku court ordered the...
Moscow reacts to detention of Russian reporter in Azerbaijan
MENAFN
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July 17, 2025
(MENAFN) The Kremlin is pushing for the swift release of three Russian journalists detained in Azerbaijan, according to spokesman Dmitry Peskov. The arrests occurred during a police raid on the Sputnik Azerbaijan office in Baku earlier this week....
Moscow calls upon Azerbaijani ambassador
MENAFN
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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
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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...
Azerbaijani, Armenian Leaders Prepare for Talks
MENAFN
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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
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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
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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...
Russian news source in Azerbaijan raided amid diplomatic row
MENAFN
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July 15, 2025
(MENAFN) The Azerbaijani Interior Ministry has conducted a raid on the Baku office of Russian news network Sputnik amid escalating diplomatic tensions between Azerbaijan and Russia. The crackdown follows a Russian police operation targeting...
Third Russian reporter arrested in Azerbaijan
MENAFN
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July 15, 2025
(MENAFN) A journalist working for the Russian video news agency Ruptly has been detained by Azerbaijani authorities while filming outside the Sputnik Azerbaijan office in Baku, which was raided earlier on Monday. Ruptly confirmed that their...
Russian reporter arrested in Azerbaijan
MENAFN
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July 15, 2025
(MENAFN) Authorities in Baku have detained two senior editors from the Russian news agency Sputnik following a raid on the outlet’s office on Monday. This action comes amid growing tensions between Azerbaijan and Russia, triggered by a recent...
Trump Signals Progress on Armenia, Azerbaijan Peace
MENAFN
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July 15, 2025
(MENAFN) U.S. President Donald Trump stated on Monday that initiatives aimed at achieving a peace accord between Armenia and Azerbaijan appear to be approaching a “successful conclusion.” “We just seem to have Armenia and Azerbaijan. It looks like...
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
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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 Foreign Ministry urges Russia to take appropriate steps to ease tensions
MENAFN
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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....