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Sunday, June 21, 2026
Azerbaijan prepares first Sukuk sale in push to broaden capital markets

Azerbaijan prepares first Sukuk sale in push to broaden capital markets

For Azerbaijan, integrating this asset-backed architecture into its financial framework serves a multi-layered strategic purpose, starting with an influx of foreign direct investment that has historically remained out of reach. The global Islamic finance market controls trillions of dollars, concentrated heavily within the cash-rich sovereign wealth and private equity funds of the Gulf Cooperation Council nations.

Azerbaijan expands gas export footprint as production tops 20.9 bcm

Azerbaijan expands gas export footprint as production tops 20.9 bcm

Azerbaijan produced 20.935 billion cubic meters of natural gas in January-May 2026, maintaining stable growth and reinforcing its position as a key energy supplier in regional and international markets, AzerNEWS reports.

AzerGold and Somali Development Bank explore cooperation opportunities

AzerGold and Somali Development Bank explore cooperation opportunities

The parties agreed to maintain communication through their respective departments responsible for international project development in order to explore concrete partnership opportunities in the future.

Iran: Four-way talks planned for Sunday afternoon

Iran: Four-way talks planned for Sunday afternoon

Iranian Foreign Ministry Spokesperson Esmail Baghaei said on Sunday that his country's delegation was in Switzerland for a one-day meeting planned for today that would include a quadrilateral afternoon session between Iran, the US, Qatar and Pakistan, AzerNEWS reports.

Higher global prices cushion decline in Azerbaijan's urea export revenues

Higher global prices cushion decline in Azerbaijan's urea export revenues

Rising urea prices on international markets have helped offset the impact of lower export volumes from Azerbaijan, limiting the decline in export revenues despite a sharp reduction in shipments during the first four months of 2026, AzerNEWS reports.

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