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Sunday, August 16, 2026
Nakhchivan’s investment boom points to broader economic transformation

Nakhchivan’s investment boom points to broader economic transformation

The economic indicators emerging from the Nakhchivan Autonomous Republic for the first seven months of 2026 present a compelling narrative of regional revitalisation and strategic expansion. Across key metrics—ranging from gross domestic product expansion to capital formation and trade volumes—the region is demonstrating a structural shift towards broader-based development.

Nation
Azerbaijan’s Khankendi and Romania’s Baia Mare to become sister cities

Azerbaijan’s Khankendi and Romania’s Baia Mare to become sister cities

Azerbaijan’s Khankendi and Romania’s Baia Mare are set to become sister cities, AzerNEWS reports.

Oil & Gas
Azeri Light oil price falls to $93.97 per barrel

Azeri Light oil price falls to $93.97 per barrel

The price of Azerbaijan’s Azeri Light crude oil fell by $1.42, or 1.51%, at Italy’s Augusta port on a CIF basis, reaching $93.97 per barrel, AzerNEWS reports.

Business
Meta to add Azerbaijan VAT rules to Facebook advertising from September 2026

Meta to add Azerbaijan VAT rules to Facebook advertising from September 2026

Meta will begin applying Azerbaijan’s 18% value-added tax (VAT) to Facebook advertising from September 1, 2026, according to information released by the company.

Armenian-Azerbaijani Relations
Azerbaijan facilitates another Russian grain shipment to Armenia

Azerbaijan facilitates another Russian grain shipment to Armenia

A new shipment from Russia to Armenia has been transported in transit through Azerbaijan.

World
Kobakhidze accuses ‘Deep State’ of seeking to undermine Georgia’s economy by targeting Russian tourism

Kobakhidze accuses ‘Deep State’ of seeking to undermine Georgia’s economy by targeting Russian tourism

Georgian Prime Minister Irakli Kobakhidze has accused what he described as the “deep state” and a “global war party” of seeking to weaken Georgia’s economy by discouraging Russian tourists from visiting the country and undermining economic ties between Tbilisi and Moscow, AzerNEWS reports.

Analysis

Lifestyle
Rainy weather expected in country's regions

Rainy weather expected in country's regions

On August 15, the weather in Baku and the Absheron Peninsula is expected to be variably cloudy and mostly dry, AzerNEWS reports citing the National Hydrometeorological Service.

Culture
National Library launches e-database in honor of Khagani Shirvani

National Library launches e-database in honor of Khagani Shirvani

An electronic information database dedicated to prominent Azerbaijani poet Afzaladdin Khagani Shirvani has been presented to users at the Azerbaijan National Library, AzerNEWS reports.

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
Tashkent to host Azerbaijan-Uzbekistan Interregional Forum

Tashkent to host Azerbaijan-Uzbekistan Interregional Forum

The 4th Azerbaijan-Uzbekistan Interregional Forum will be held in Tashkent on August 22.

Sports
Neftchi sign American guard Jerod Robinson for rest of season

Neftchi sign American guard Jerod Robinson for rest of season

Azerbaijani basketball club Neftchi have strengthened their roster with the signing of American guard Jerod Robinson, AzerNEWS reports.

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