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Friday, May 8, 2026
Baku finds new growth engine as non-oil exports expand

Baku finds new growth engine as non-oil exports expand

Recent innovations in the poultry sector, in particular, prove how significantly Azerbaijan’s economic ambitions have expanded. Azerbaijani poultry production is no longer focused solely on regional markets; it is finding its way across oceans to the world’s most demanding markets.

Azeri Light oil price falls below $106 per barrel

Azeri Light oil price falls below $106 per barrel

The price of Azerbaijan’s flagship “Azeri Light” crude oil declined sharply on international markets, reflecting the broader downward trend in global energy prices, AzerNEWS reports.

ABB acquires Uzbekistan’s Davr Bank in expansion move

ABB acquires Uzbekistan’s Davr Bank in expansion move

Azerbaijan’s largest lender, “International Bank of Azerbaijan” OJSC (ABB), is set to begin operations in Uzbekistan in the second half of this year through the acquisition of the country’s “Davr Bank,” AzerNEWS reports.

Merz unveils Germany’s fusion energy ambitions

Merz unveils Germany’s fusion energy ambitions

Speaking at a congress of Germany’s chambers of commerce and industry, Merz said the country would require a significant expansion of its energy supply in the coming years in order to support economic growth and reduce pressure on consumers and businesses.

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