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Wednesday, September 23, 2026
What Azerbaijan Central Bank’s latest rate decision means for future cuts?

What Azerbaijan Central Bank’s latest rate decision means for future cuts?

The Central Bank of Azerbaijan announced its latest decision on the refinancing rate today, and the main direction of the decision coincided with the forecast we published in Azernews on September 17. More precisely, the Central Bank did not cut the refinancing rate, but lowered the lower bound of the interest rate corridor from 5.5% to 5%. The refinancing rate was kept at 6.5%, while the upper bound of the corridor remained at 7.5%.

Nation
Paris hails Ryan pardon as step toward normalization with Baku

Paris hails Ryan pardon as step toward normalization with Baku

France has welcomed Azerbaijani President Ilham Aliyev's decision to pardon French national Martin Ryan, who had been in custody in Azerbaijan since December 2023, describing the move as a step toward normalizing bilateral relations.

Oil & Gas
SOCAR enters Africa continent with Baleine stake in Côte d'Ivoire

SOCAR enters Africa continent with Baleine stake in Côte d'Ivoire

Azerbaijan's state oil company, SOCAR, has moved into Africa's offshore energy scene by picking up a stake in an oil and gas field off the coast of Côte d'Ivoire. The company has finished acquiring a 10% ownership interest in the Baleine oil and gas field development project in the Republic of Côte d'Ivoire, after securing all the required approvals and meeting the necessary conditions.

Business
Kazakhstan’s FDI in Azerbaijan reaches $28 million in H1 2026

Kazakhstan’s FDI in Azerbaijan reaches $28 million in H1 2026

Kazakhstan’s direct foreign investment in Azerbaijan amounted to $28.024 million in the first six months of 2026. According to the Central Bank of Azerbaijan (CBA), the figure increased by ...

Armenian-Azerbaijani Relations
Azerbaijan postpones Armenia meeting citing recent tensions

Azerbaijan postpones Armenia meeting citing recent tensions

Azerbaijan has postponed meetings between Armenian and Azerbaijani experts that were scheduled to take place in Armenia as part of the "Bridge of Peace" initiative.

World
OYAK eyes strategic energy partnership with global energy giant

OYAK eyes strategic energy partnership with global energy giant

Murat Yalçıntaş, General Manager of the Turkish Armed Forces Assistance Fund (OYAK), met with economy journalists at a press conference in Istanbul yesterday.

Analysis

Lifestyle
Beyond Racing: What Formula 1 fans can expect at 2026 Azerbaijan Grand Prix [PHOTOS]

Beyond Racing: What Formula 1 fans can expect at 2026 Azerbaijan Grand Prix [PHOTOS]

The 2026 Azerbaijan Grand Prix will bring a variety of entertainment to Baku alongside the action on the track, as Formula 1 celebrates its 10th anniversary in the Azerbaijani capital.

Culture
National Library hosts event marking Professor Gulnaz Abdullazade's anniversary [PHOTOS]

National Library hosts event marking Professor Gulnaz Abdullazade's anniversary [PHOTOS]

An event dedicated to the 80th anniversary of Gulnaz Abdullazade, Vice-Rector for Scientific Research and Creative Activities at the Baku Music Academy, composer, musicologist, philosopher, Doctor of Philosophy and professor, has been held at the Azerbaijan National Library.

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
Baku, Sofia review strategic partnership agenda in New York [PHOTOS]

Baku, Sofia review strategic partnership agenda in New York [PHOTOS]

Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Bulgarian Foreign Minister Velislava Petrova on the sidelines of the 81st session of the UN General Assembly.

Sports
Baku City Circuit awaits another high-speed Formula 1 weekend

Baku City Circuit awaits another high-speed Formula 1 weekend

Formula 1 returns to Baku this week as the 2026 Azerbaijan Grand Prix gets underway on the city's famous street circuit.

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