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Wednesday, November 4, 2026
Aghdam’s industrial revival looks promising for Azerbaijan’s non-oil economy

Aghdam’s industrial revival looks promising for Azerbaijan’s non-oil economy

The expansion of manufacturing in the Aghdam Industrial Park illustrates how investment in liberated territories can support employment, strengthen domestic production and introduce Azerbaijani goods to international markets. The production of specialist safety footwear and polyurethane boots links the rebuilding of Karabakh with the country’s ambition to develop a competitive non-oil economy.

Nation
Azerbaijan's non-oil revenues set to hit 60.6% of budget in 2027

Azerbaijan's non-oil revenues set to hit 60.6% of budget in 2027

Azerbaijan's non-oil and gas sector will account for the largest share of state budget revenues in the past 20 years in 2027, reaching a record 60.6%. This is stipulated in the draft law "On the State Budget of the Republic of Azerbaijan for 2027", which has been submitted for discussion to the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship. According to the draft, total state budget revenues for 2027 are projected at...

Oil & Gas
Europe faces winter gas risks as Hormuz disruptions threaten energy supplies

Europe faces winter gas risks as Hormuz disruptions threaten energy supplies

European countries could face difficulties with energy supplies during the coming winter, as forecasters warn of a sharp drop in temperatures across the continent from the second half of November due to cold air masses moving in from the north.

Business
Azerbaijan forecasts 5.3% inflation as 2027 budget assumes $65 oil

Azerbaijan forecasts 5.3% inflation as 2027 budget assumes $65 oil

Azerbaijan expects average annual inflation to reach 5.3% in 2027. The budget projections set the average annual price of crude oil at $65 per barrel for next year, as an Azerbaijani official noted.

Armenian-Azerbaijani Relations
Armenia under Pashinyan: growing concerns over democracy

Armenia under Pashinyan: growing concerns over democracy

Armenia’s political transformation began with the 2018 Velvet Revolution, when mass protests brought Nikol Pashinyan to power and raised expectations of cleaner government, stronger institutions and accountable leadership. Eight years later, international assessments identify weaknesses in judicial independence, media freedom, minority protection and the balance between state institutions.

World
Turkish-flagged ship collides with vessel near Romania's Black Sea coast

Turkish-flagged ship collides with vessel near Romania's Black Sea coast

Romanian authorities have launched a rescue operation after a Turkish-flagged tugboat ran into trouble following a collision with another vessel near Romania's Black Sea coast.

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
Istanbul hosts 6th Korkut Ata Turkic World Film Festival [PHOTOS]

Istanbul hosts 6th Korkut Ata Turkic World Film Festival [PHOTOS]

The opening ceremony of the 6th Korkut Ata Turkic World Film Festival has been held in Istanbul, Türkiye, bringing together filmmakers, cultural officials and representatives of the film industry from across the Turkic world.

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
Turkish journalist criticizes attempts to strain ties with Azerbaijan

Turkish journalist criticizes attempts to strain ties with Azerbaijan

Turkish journalist Yılmaz Özdil has criticised attempts to create tensions between Türkiye and Azerbaijan over the Palestinian issue, arguing that foreign policy should be guided by national interests rather than religious considerations.

Sports
Sabah and Qarabag U-19 teams set for UEFA Youth League matches today

Sabah and Qarabag U-19 teams set for UEFA Youth League matches today

Azerbaijani clubs Sabah and Qarabag will take to the field today for their respective UEFA Youth League fixtures, with both sides looking to improve their positions in the competition.

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