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Monday, August 17, 2026
Azerbaijan’s non-oil revenues become key story behind its budget surplus

Azerbaijan’s non-oil revenues become key story behind its budget surplus

Azerbaijan's January-July budget data, released Monday, shows revenues exceeding forecast by 3.8% and a state surplus of 3.4 billion manats. The headline number is the oil price windfall. The more durable story is the 11.8% growth in non-oil tax collections that is slowly making the headline number less important.

Nation
President Ilham Aliyev met with former Ukrainian President Viktor Yushchenko

President Ilham Aliyev met with former Ukrainian President Viktor Yushchenko

President of Azerbaijan Ilham Aliyev has met with former President of Ukraine Viktor Yushchenko, who is visiting Baku.

Oil & Gas
Azerbaijan’s petroleum product export revenues jump 2.4-fold to $424 million

Azerbaijan’s petroleum product export revenues jump 2.4-fold to $424 million

Azerbaijan exported more than 546,000 tonnes of petroleum products other than crude oil in January–July this year. The volume of petroleum products exported increased by...

Business
Gold climbs above $4,450 as markets weigh Iran-US truce prospects

Gold climbs above $4,450 as markets weigh Iran-US truce prospects

Gold and silver prices rose on the COMEX commodities exchange in New York. The price of gold increased by...

Armenian-Azerbaijani Relations
Russia sends another 560 tons of wheat to Armenia through Azerbaijan

Russia sends another 560 tons of wheat to Armenia through Azerbaijan

Another shipment from Russia to Armenia was carried out in transit through Azerbaijan on August 15, AzerNEWS reports.

World
Secret oil transportation through Hormuz help curb energy prices

Secret oil transportation through Hormuz help curb energy prices

Gulf countries are secretly transporting more than 4 million barrels of oil per day through the Strait of Hormuz using vessels without active transponders.

Analysis

Lifestyle
National culture and traditions captivate festivalgoers in France [PHOTOS]

National culture and traditions captivate festivalgoers in France [PHOTOS]

Azerbaijan's national dances, music and cuisine have been showcased at an international folklore festival held in the French commune of Montoire-sur-le-Loir, AzerNEWS reports.

Culture
Nearly 40,000 tourists visit Gobustan Reserve in three months [PHOTOS]

Nearly 40,000 tourists visit Gobustan Reserve in three months [PHOTOS]

Nearly 40,000 people have visited the Gobustan National Historical-Artistic Reserve over the past three months, AzerNEWS reports citing Azertag.

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
Turkic world moves to expand joint archaeological research

Turkic world moves to expand joint archaeological research

The third meeting of the Association of Archaeological Research Institutes and Centers of the Turkic World (ARICA) has been held in Bugac, Hungary, focusing on advancing cooperation in archaeology and cultural heritage preservation and developing joint international projects.

Sports
Baku to host Rhythmic Gymnastics World Championships [PHOTOS]

Baku to host Rhythmic Gymnastics World Championships [PHOTOS]

Azerbaijan will host the 43rd Rhythmic Gymnastics World Championships in Baku from September 15 to 19, 2027.

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