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Wednesday, September 30, 2026
Azerbaijan’s digital investment surges as its non-oil economy seeks new growth

Azerbaijan’s digital investment surges as its non-oil economy seeks new growth

The digital sector still accounts for a relatively small share of Azerbaijan’s economy, but recent figures show that it is growing significantly faster than the economy as a whole. The results for January-August 2026 are particularly notable in terms of investment: investment in the information and communications sector increased by 49.4% in real terms to ₼320 million ($188.24 million). During the same period, the value added generated by the sector increased by 10.7% to ₼1.775 billion ($1.04 billion).

Nation
Azerbaijan Defense Minister highlights role of private sector in defense industry

Azerbaijan Defense Minister highlights role of private sector in defense industry

The experience of the war that ended with Azerbaijan’s victory demonstrated once again that modern technology, agile decision-making and reliable domestic production capabilities are important elements of national security, Azerbaijan’s Defense Industry Minister Vugar Mustafayev said.

Oil & Gas
Azeri Light crude price drops 3.49% at Italy’s Augusta Port

Azeri Light crude price drops 3.49% at Italy’s Augusta Port

The price of Azerbaijan’s Azeri Light crude oil has decreased by $4.27, or 3.49%, to $118.22 per barrel on a CIF basis at Italy’s Augusta port.

Business
Kevin Hassett says US economy could grow 4% without external headwinds

Kevin Hassett says US economy could grow 4% without external headwinds

White House National Economic Council Director Kevin Hassett said the US economy is on a strong growth trajectory, although he warned that external factors could prevent the Trump administration from achieving its economic growth targets.

Armenian-Azerbaijani Relations
Beyond drones: what really changed the 2020 Azerbaijan-Armenia War

Beyond drones: what really changed the 2020 Azerbaijan-Armenia War

27 September should be marked not only in Azerbaijan, but across the South Caucasus, as a day associated with the beginning of a new phase in the region's search for stability and peace.

World
Volkswagen could take 'huge hit' from UK compensation program

Volkswagen could take 'huge hit' from UK compensation program

Volkswagen Financial Services AG is likely preparing "hundreds of millions" of pounds as it awaits the outcome of a British watchdog program to compensate customers, Sky News reported on Tuesday.

Analysis

Lifestyle
New Quantum Memory Matrix theory offers fresh view of Universe

New Quantum Memory Matrix theory offers fresh view of Universe

Physicists led by Florian Neukart of Leiden University have proposed a theoretical framework called the Quantum Memory Matrix (QMM) that seeks to provide a common description of several problems in fundamental physics, including the black-hole information paradox, dark matter, dark energy and the possibility of a cyclic Universe.

Culture
Azerbaijan, the Holy See discuss future joint programs [PHOTOS]

Azerbaijan, the Holy See discuss future joint programs [PHOTOS]

On September 29, Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, met with Cardinal George Jacob Koovakad, Prefect of the Dicastery for Interreligious Dialogue of the Holy See.

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
IV Aerospace Modeling Festival held at international airport for first time [PHOTOS/VIDEO]

IV Aerospace Modeling Festival held at international airport for first time [PHOTOS/VIDEO]

Türkiye’s first astronaut Alper Gezeravcı and students from leading foreign universities joined the festival; winners honoured in Baku

Sports
Fuzuli to host first day of Mingachevir Regatta 2026 [PHOTOS]

Fuzuli to host first day of Mingachevir Regatta 2026 [PHOTOS]

The Mingachevir Regatta 2026 International Tournament will open in Fuzuli on September 29, with the city hosting the opening ceremony and the first day of competition.

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