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Saturday, October 31, 2026
Azerbaijan’s external surplus gives manat stronger support heading into 2027

Azerbaijan’s external surplus gives manat stronger support heading into 2027

Azerbaijan enters the final months of 2026 with an external trade position that supports confidence in the manat. In January–September, the country exported goods worth $23.865 billion and imported $13.346 billion, producing a positive trade balance of $10.519 billion. Total foreign trade turnover reached $37.211 billion, up 5.2% year on year. Exports grew 28.3%, while imports declined 20.4%. These figures form a persuasive economic case for expecting the manat to remain around its current rate of 1.70 per US dollar through year-end, provided current policy conditions continue.

Nation
Azerbaijan's defense minister offers condolences to Türkiye over soldier killed in border incident

Azerbaijan's defense minister offers condolences to Türkiye over soldier killed in border incident

Azerbaijan's Minister of Defense, Colonel General Zakir Hasanov, has sent a message of condolence to his Turkish counterpart, Yaşar Güler, following the death of a Turkish serviceman in a border incident in Hakkari.

Oil & Gas
Azerbaijani oil surges past $126 per barrel as Iran tensions drive global prices higher

Azerbaijani oil surges past $126 per barrel as Iran tensions drive global prices higher

The price of Azerbaijan's Azeri Light crude oil has climbed to $126.16 per barrel in the European market, rising by $3.88, or 3.2%, amid renewed concerns over potential US military strikes against Iran and disruptions to Middle Eastern energy supplies.

Business
Moody's sees new opportunities for Azerbaijan as oil revenues rise and trade routes shift

Moody's sees new opportunities for Azerbaijan as oil revenues rise and trade routes shift

International credit rating agency Moody's Ratings has identified rising oil revenues and the expansion of international transport corridors as key economic opportunities for Azerbaijan amid ongoing geopolitical shifts.

Armenian-Azerbaijani Relations
Armenia reports no recent fuel imports from Azerbaijan despite earlier SOCAR shipments

Armenia reports no recent fuel imports from Azerbaijan despite earlier SOCAR shipments

Armenia has reportedly received no new fuel supplies from Azerbaijan in recent months, despite earlier shipments of gasoline and diesel that marked a significant development in trade relations between the two countries.

World
Trump claims Venezuelan oil revenues exceed Iran war costs tenfold

Trump claims Venezuelan oil revenues exceed Iran war costs tenfold

US President Donald Trump has claimed that Washington's revenues from Venezuelan oil are ten times greater than the costs of American military operations against Iran.

Analysis

Lifestyle
Leyla Aliyeva familiarizes herself with activities of social sewing facility in Shamakhi [PHOTOS]

Leyla Aliyeva familiarizes herself with activities of social sewing facility in Shamakhi [PHOTOS]

Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, and Alena Aliyeva visited a social sewing facility operating in the city of Shamakhi on October 26.

Culture
Heydar Aliyev Center hosts official opening of "Art Weekend" [PHOTOS]

Heydar Aliyev Center hosts official opening of "Art Weekend" [PHOTOS]

The official opening of the Fly to Baku. Art Weekend. Sense the Future NOW festival was held at the Heydar Aliyev Center on October 30.

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
Azercell-backed event promotes Azerbaijani craftsmanship and women's empowerment

Azercell-backed event promotes Azerbaijani craftsmanship and women's empowerment

The "Fabric of the Future" event, organised under the SHE platform in partnership with Azercell, brought together cultural heritage, traditional craftsmanship and women's empowerment, highlighting opportunities for women to develop their skills and expand their economic participation.

Sports
Zangilan schoolchildren take part in Victory Day cycling event [PHOTOS]

Zangilan schoolchildren take part in Victory Day cycling event [PHOTOS]

A cycling event for schoolchildren from Zangilan District has been organised through a joint initiative of the Special Representative Office of the President of the Republic of Azerbaijan in Jabrayil, Zangilan and Gubadli districts and the Azerbaijan Cycling Federation (ACF).

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