AzerNews - News from Azerbaijan, Business, Energy, Analysis

Azerbaijan’s new economic architecture links entrepreneurs to global markets

Azerbaijan has entered a new stage in the development of its business support and investment promotion system with the launch of the Agency for the Development of Small and Medium Businesses, Investment and Export Promotion under the Ministry of Economy. The new institution brings together the functions previously carried out by the Small and Medium Business Development Agency, KOBIA, and the Export and Investment Promotion Agency, AZPROMO. The reform creates a single institutional platform covering three closely connected areas of economic activity: entrepreneurship, investment and exports.

Nation

Azerbaijani official Ramiz Alekperov appointed UN Assistant Secretary-General for Safety and Security

United Nations Secretary-General António Guterres has appointed Azerbaijani national Ramiz Alekperov as the new Assistant Secretary-General for Safety and Security at the UN Department of Safety and Security (DSS).

Oil & Gas

LNG flows through Hormuz accelerate despite security risks

Despite ongoing security concerns and uncertainty, the number of liquefied natural gas (LNG) shipments passing through the Strait of Hormuz in September reached its highest monthly level since the start of the US-Iran war, according to data from analytics firms.

Business

Azerbaijan’s agricultural loan portfolio reaches ₼520.8 Million

The total volume of loans extended to Azerbaijan’s agriculture, forestry and fisheries sectors stood at ₼520.8 million ($306.4 million) at the end of August 2026. According to statistical data from the Central Bank of Azerbaijan, the loan portfolio amounted to...

Armenian-Azerbaijani Relations

President: The current Armenian leadership used to make territorial claims against us

“All the blame cannot be pinned solely on the previous leadership of Armenia. Even though the previous Armenian leaders are all war criminals and must face their punishment,” President Ilham Aliyev said during his speech at the 8th Congress of the New Azerbaijan Party (YAP).

World

Netanyahu: Whoever sent that pilot will pay heavy price

Israeli Prime Minister Benjamin Netanyahu said on Thursday that the country's authorities are currently investigating whether the co-pilot who allegedly tried to crash a Flydubai plane was sent by someone or acted alone.