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Friday November 28 2025
President Aliyev places industry and innovation at centre of economic reform

President Aliyev places industry and innovation at centre of economic reform

Total project investment amounts to 43 million manats, of which 10 million manats were provided as a preferential loan by the Fund. The EDF plays a pivotal role in stimulating investment in Azerbaijan’s non-oil economy. Its mission encompasses financing the creation of new production facilities, processing and infrastructure enterprises, and innovative businesses, particularly those focused on export-oriented or import-substituting products.

Azeri Light prices edge up

Azeri Light prices edge up

The price of Azerbaijan’s “Azeri Light” crude oil on a CIF basis at Italy’s Augusta port rose by $0.77, or 1.18 percent, compared with the previous figure, reaching $66.05 per barrel, Azernews reports.

Trial of Ruben Vardanyan continues with testimonies from multiple victims [PHOTOS]

Trial of Ruben Vardanyan continues with testimonies from multiple victims [PHOTOS]

The trial of Armenian citizen Ruben Vardanyan, who is accused of crimes against peace and humanity, war crimes, terrorism, financing terrorism, and other grave offenses under the Criminal Code of the Republic of Azerbaijan, continued on November 25 at the Baku Military Court, Azernews reports.

Türkiye announces Neolithic-era findings

Türkiye announces Neolithic-era findings

Türkiye has revealed new archaeological discoveries at Tas Tepeler, one of the country’s largest Neolithic excavation projects, shedding fresh light on life more than 12,000 years ago, Culture and Tourism Minister Mehmet Nuri Ersoy announced on Wednesday, Azernews reports, citing foreign media.

Azercell expands initiatives to empower women in Azerbaijan [PHOTOS]

Azercell expands initiatives to empower women in Azerbaijan [PHOTOS]

Azercell Telecom continues to broaden its efforts to support and empower women across Azerbaijan. Speaking at the presentation of the Women’s Support Line Brochure in Spanish, held within the “16 Days of Activism against Gender-Based Violence” campaign, Shirin Aliyeva, Chief Legal and Data Strategy Officer at Azercell, emphasized that the initiative carries both honor and great responsibility for the company, Azernews reports.

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