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Sunday, May 3, 2026
IMF flags Azerbaijan’s growing financial firepower as oil era peaks

IMF flags Azerbaijan’s growing financial firepower as oil era peaks

The prospect of Azerbaijan’s strategic currency reserves climbing toward the 94-billion-dollar mark by 2028, as projected by the International Monetary Fund, is a defining moment for the nation’s long-term sovereignty. For a country situated at the volatile crossroads of Eurasia, these figures represent much more than passive wealth; they are the architectural blueprints of a future designed to withstand the inevitable transition away from a hydrocarbon-dominated global economy.

Nation
President Ilham Aliyev sends congratulatory letter to President of Poland

President Ilham Aliyev sends congratulatory letter to President of Poland

President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to Karol Nawrocki, President of the Republic of Poland, AzerNEWS reports.

Oil & Gas
Azeri Light crude falls over 2% in global markets

Azeri Light crude falls over 2% in global markets

The price of Azerbaijan’s Azeri Light crude oil has declined at major export points, reflecting a broader downturn in global oil markets.

Business
ADB calls for deeper capital markets to unlock investment potential in CAREC region

ADB calls for deeper capital markets to unlock investment potential in CAREC region

Developing deep and sustainable capital markets is essential for countries in the Central Asia Regional Economic Cooperation (CAREC) region to fully utilize their economic potential, according to Yingming Yang, AzerNEWS reports via loacl media.

Armenian-Azerbaijani Relations
Russian wheat continues transit to Armenia via Azerbaijan

Russian wheat continues transit to Armenia via Azerbaijan

Another shipment of Russian wheat has been delivered to Armenia via transit through Azerbaijan, reflecting the استمرار of cross-border cargo flows in the region, AzerNEWS reports.

World
Ukraine destroys two shadow fleet oil tankers [VIDEO]

Ukraine destroys two shadow fleet oil tankers [VIDEO]

Ukrainian forces destroyed two oil tankers belonging to the Russian shadow fleet, Ukrainian President Volodymyr Zelensky confirmed on Sunday, AzerNEWS reports.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Lifestyle
Vibrant exhibitions open in Baku as part of Int'l Carpet Festival 2026 [PHOTOS]

Vibrant exhibitions open in Baku as part of Int'l Carpet Festival 2026 [PHOTOS]

The third International Carpet Festival 2026 is underway in Baku, AzerNEWS reports. The festival is organized organized by "Azerkhalcha" OJSC and Icherisheher State Historical-Architectural Reserve Office, with the support of the Ministry of Economy and the Export And Investment Promotion Agency-AZPROMO.

Culture
Azerbaijani artists showcased at Empower Her Art Forum in Cairo

Azerbaijani artists showcased at Empower Her Art Forum in Cairo

The fourth “Empower Her Art” Forum (EHAF) was held at the Grand Egyptian Museum in Cairo, alongside an international art event, featuring the opening of an Azerbaijani stand, AzerNEWS reports.

Analysis

Events
Azerbaijan Special Forces complete training session for reservists [PHOTOS]

Azerbaijan Special Forces complete training session for reservists [PHOTOS]

In accordance with the plan, the reservists participated in fire, tactical, drill, physical, and socio-political training classes, as well as theoretical and practical classes in various specialties, along with educational discussions on patriotism.

Sports
Another mini-football tournament held among orphanage teams on Leyla Aliyeva’s initiative [PHOTOS]

Another mini-football tournament held among orphanage teams on Leyla Aliyeva’s initiative [PHOTOS]

On the initiative of Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, founder and head of IDEA Public Union, another “Friendship Cup” mini-football tournament was held among teams of boys and girls aged 10–11 from orphanages, AzerNEWS reports.

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