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Sunday November 23 2025
Azerbaijan steps up pharma ambitions with opening of state-backed Scandens factory

Azerbaijan steps up pharma ambitions with opening of state-backed Scandens factory

Backed by private investment worth 74 million manats, the project also benefited from government support: under an investment promotion document, Scandens received 6.5 million manats in concessions for imported equipment. In USD terms, 74 million manats is roughly US$43.7 million, and 6.5 million manats is about US$3.6 million.

Azerbaijan strengthens macroeconomic stability and strategic growth [OPINION]

Azerbaijan strengthens macroeconomic stability and strategic growth [OPINION]

The draft Law “On the State Budget of the Republic of Azerbaijan for 2026” is currently being widely discussed in the Milli Majlis. The real economic indicators and financial justifications presented by the Minister of Finance and the Chairman of the Chamber of Accounts provide grounds to say that the state budget will be used efficiently next year. As most members of parliament have noted, the budget package submitted to the Milli Majlis for 2026 reflects strengthened principles of transparency and flexibility in governance, as well as an institutional approach in budget policy.

Testimonies of victims heard at Ruben Vardanyan’s trial at Baku Military Court [PHOTOS]

Testimonies of victims heard at Ruben Vardanyan’s trial at Baku Military Court [PHOTOS]

The trial of Armenian citizen Ruben Vardanyan, accused under articles of the Criminal Code of the Republic of Azerbaijan related to crimes against peace and humanity, war crimes, terrorism, financing of terrorism and other serious crimes, continued on 21 November.

Drones spotted near Dutch military base

Drones spotted near Dutch military base

Dutch police are investigating Friday's incident. Officials said that for security reasons they would provide no further details about how the drones or what action was taken, Azernews reports via BBC.

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