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Friday, September 25, 2026
Baku wants to turn its geography into new economic asset [ANALYSIS]

Baku wants to turn its geography into new economic asset [ANALYSIS]

The 2nd Azerbaijan International Investment Forum held in Baku has become an important platform for discussing Azerbaijan’s economic priorities within a broader framework. Held on September 25-26, the forum is being held under the auspices of the President of Azerbaijan, organized by the Ministry of Economy and AZPROMO, with The European House – Ambrosetti as its strategic partner. The theme of this year’s event was also chosen deliberately: “Rebuilding Trust in a Fragmented World: The South Caucasus as a Pillar of Global Connectivity and Investment Stability.”

US commercial crude oil inventories rise by 3 million barrels

US commercial crude oil inventories rise by 3 million barrels

The latest inventory figures provide an indication of developments in U.S. oil and fuel stockpiles and are closely watched by market participants when assessing conditions in the world’s largest oil-consuming economy.

Azerbaijan’s banks add ₼5.4 billion in assets as lending surges

Azerbaijan’s banks add ₼5.4 billion in assets as lending surges

According to the Central Bank of Azerbaijan’s statistical bulletin, the figure increased by ₼1.496 billion ($880 million), or 2.5%, compared with the end of July. Since the beginning of the year, bank assets have grown by ₼5.390 billion ($3.170 billion), or 9.4%.

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