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Monday, October 26, 2026
Azerbaijan Central Bank interest rate decision: what to expect in October 2026

Azerbaijan Central Bank interest rate decision: what to expect in October 2026

Azerbaijan’s monetary policy is entering a crucial phase as the Central Bank prepares to announce its latest interest rate decision on October 29. With annual inflation at 5.5%, the refinancing rate at 6.5% and banking sector structural liquidity surplus reaching 6.3 billion manats in August, policymakers face an increasingly complex balancing act. The forthcoming decision will offer valuable insight into the country’s economic priorities, particularly the relationship between price stability, financial market efficiency and sustainable economic growth.

Nation
Hajiyev: Azerbaijan strengthens AI infrastructure, seeks international cooperation

Hajiyev: Azerbaijan strengthens AI infrastructure, seeks international cooperation

Azerbaijan is prioritising the development of artificial intelligence (AI) and building national infrastructure to support the adoption of emerging technologies, Hikmet Hajiyev, Assistant to the President of Azerbaijan and Head of the Foreign Policy Affairs Department of the Presidential Administration, said on Monday.

Oil & Gas
Italy accounts for 56.1% of Azerbaijan’s crude oil exports

Italy accounts for 56.1% of Azerbaijan’s crude oil exports

Azerbaijan exported 8.88 million tonnes of crude oil to Italy in January-September 2026, with shipments valued at approximately $5.51 billion, according to the State Customs Committee. The volume of crude oil exports to Italy increased by...

Business
Azerbaijan’s Garadagh Solar Plant generates 1.49 billion kWh since launch

Azerbaijan’s Garadagh Solar Plant generates 1.49 billion kWh since launch

Azerbaijan’s Garadagh Solar Power Plant has generated 1.488 billion kilowatt-hours (kWh) of electricity since it began operations through October 1, 2026, according to the Ministry of Energy. The 230-megawatt (MW) solar power plant produced...

Armenian-Azerbaijani Relations
Azerbaijan reaffirms readiness to conclude peace process with Armenia

Azerbaijan reaffirms readiness to conclude peace process with Armenia

Azerbaijan has taken a number of unilateral steps over the past year to advance the peace process with Armenia, demonstrating its goodwill, Azerbaijani Foreign Minister Jeyhun Bayramov said during a joint press conference with his Dutch counterpart, Tom Berendsen.

World
Russia-Ukraine conflict puts Black Sea shipping at growing risk

Russia-Ukraine conflict puts Black Sea shipping at growing risk

The intensification of military hostilities between Russia and Ukraine in the Black Sea has posed serious threats to international shipping. An increase in attacks on commercial vessels, oil tankers and port infrastructure has turned the region into one of the world’s most dangerous maritime transport routes.

Analysis

Lifestyle
Baku Int'l Arts Festival announces parallel programme [PHOTOS]

Baku Int'l Arts Festival announces parallel programme [PHOTOS]

The second multi-genre Baku International Arts Festival (BIAF), held in Baku from 28 October to 8 November 2026 with the support of the Heydar Aliyev Foundation and the Azerbaijan Culture Ministry has announced its parallel programme.

Culture
UNAOC highlights role of intercultural dialogue

UNAOC highlights role of intercultural dialogue

Intercultural and interreligious dialogue remains essential to preventing conflicts, building peace and strengthening social cohesion, the director of the United Nations Alliance of Civilizations (UNAOC), Nihal Saad, has said ahead of the 7th World Forum on Intercultural Dialogue in Baku.

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

Events
Azerbaijan clears 997 hectares of landmines in liberated territories

Azerbaijan clears 997 hectares of landmines in liberated territories

The Azerbaijan National Agency for Mine Action (ANAMA) has released data on demining operations conducted in liberated territories from October 19 to 25.

Sports
Azerbaijan wins ten medals at U-15 European Boxing Championships [PHOTOS]

Azerbaijan wins ten medals at U-15 European Boxing Championships [PHOTOS]

Azerbaijan's national team has won ten medals at the U-15 European Boxing Championships in Trabzon, Turkiye.

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