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Wednesday, May 6, 2026
Middle Corridor boom triggers ADB’s $10 bln infrastructure push

Middle Corridor boom triggers ADB’s $10 bln infrastructure push

The Asian Development Bank's commitment to invest $10 billion across Central Asia and the South Caucasus by 2030, alongside a $70 billion push for pan-Asian power grids and digital highways, arrives at a moment when the Middle Corridor has already proven its case, and the region is trading well below its potential. The question is whether institutional capital can now accelerate what geopolitics has already started.

Nation
Azerbaijan enriches discussion at International Transport Forum – SecGen

Azerbaijan enriches discussion at International Transport Forum – SecGen

Azerbaijan has enriched the discussion at the International Transport Forum (ITF) by bringing a non-Western perspective to transport issues and enhancing the participation of non-European countries, ITF Secretary General Young-Tae Kim said at a press conference during the organization's summit in Leipzig, AzerNEWS reports.

Oil & Gas
SOCAR becomes sole owner of EKOL Engineering Services after stake sale

SOCAR becomes sole owner of EKOL Engineering Services after stake sale

Following the announcement of the liquidation of its representative office in Azerbaijan, Lancer Services S.A. sold its stake in EKOL Engineering Services OJSC, in which it had been a shareholder.

Business
Baku, Minsk advance joint manufacturing plans [PHOTO]

Baku, Minsk advance joint manufacturing plans [PHOTO]

The sides explored the current state of economic relations between Azerbaijan and Belarus and exchanged views on possibilities for enhancing cooperation in the industrial sector.

Armenian-Azerbaijani Relations
Ankara-Yerevan bridge deal marks strategic pivot in South Caucasus

Ankara-Yerevan bridge deal marks strategic pivot in South Caucasus

While many might view the bridge's restoration as having only symbolic or touristic value, the project contains much deeper economic and strategic layers.

World
Donald Trump threatens Iran with renewed bombing

Donald Trump threatens Iran with renewed bombing

Trump declared that if Iran agrees to the proposed conditions, military operations referred to as "Epic Fury" would come to an end and the Strait of Hormuz would remain open to all countries, including Iran itself.

Analysis

Lifestyle
Int'l Carpet Festival 2026 successfully concludes in Baku [PHOTOS]

Int'l Carpet Festival 2026 successfully concludes in Baku [PHOTOS]

The International Carpet Festival 2026, which took place on May 1-3, jointly organized by "Azerkhalcha" OJSC and Icherisheher State Historical-Architectural Reserve Office, with the support of the Ministry of Economy and the Azerbaijan Export and Investment Promotion Agency (AZPROMO), has successfully concluded, AzerNEWS reports.

Culture
Culture Ministry advances new state program for arts development [PHOTOS]

Culture Ministry advances new state program for arts development [PHOTOS]

Following the approval of the "Azerbaijani Culture – 2040" Concept earlier this year, authorities have moved to put its goals into practice through targeted initiatives, with a particular focus on strengthening the arts sector, modernizing infrastructure, and cultivating a more dynamic creative environment.

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
Combined Arms Army marks graduation of servicemen training program [PHOTOS/VIDEO]

Combined Arms Army marks graduation of servicemen training program [PHOTOS/VIDEO]

The event commenced with commemorating the bright memory of the National Leader Heydar Aliyev and Shehids, who sacrificed their lives for the Motherland.

Sports
Veteran football doctor presents his book in Baku

Veteran football doctor presents his book in Baku

A book launch event has been held for "50 Years in Football" by Boris Khetagurov, a veteran football doctor of the Azerbaijan Sports Academy and an Honored Doctor of Azerbaijan, AzerNEWS reports.

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