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Thursday, May 21, 2026
Moody’s and Fitch ratings mark major milestone for Azerbaijan’s energy sector

Moody’s and Fitch ratings mark major milestone for Azerbaijan’s energy sector

The significance of the Baseline Credit Assessment being among the highest in the CIS region cannot be overstated because it reflects the internal strength of the company’s asset base. While many state-backed entities in emerging markets are viewed as extensions of their national treasuries, the Southern Gas Corridor has demonstrated that its project architecture, spanning from the depths of the Caspian Sea to the heart of Europe, is economically sound even on a standalone basis.

Nation
Decisions adopted at first official meeting of Global South Youth Platform

Decisions adopted at first official meeting of Global South Youth Platform

Important decisions regarding the activities, future priorities, and opportunities for international cooperation of the Global South Youth Platform were adopted during the platform’s first official meeting, held within the framework of the international conference titled “Global South Youth Platform: The Role of Youth in Urban Development During the Decolonisation Process”, organised by the Baku Initiative Group.

Oil & Gas
Azeri Light oil price falls below $118 per barrel

Azeri Light oil price falls below $118 per barrel

The price of Azerbaijan’s flagship Azeri Light crude oil declined on international markets, according to sources in the oil sector, AzerNEWS reports.

Business
Economist: Sustainable cities need strong awareness networks

Economist: Sustainable cities need strong awareness networks

Speaking on the sidelines of the 13th session of the United Nations World Urban Forum (WUF13) in Baku, PhD in Economics and NGO representative Nick Nwolisa expressed his overall impressions of the forum and highlighted the growing attention Azerbaijan is receiving for its urban development agenda.

Armenian-Azerbaijani Relations
Strategic reclamation of Lachin: How diplomacy and military rewrote South Caucasus map

Strategic reclamation of Lachin: How diplomacy and military rewrote South Caucasus map

To understand the profound strategic and emotional weight of Lachin’s return to Azerbaijani sovereignty, one must first revisit the bleak spring of 1992.

World
Europe and China launched SMILE space mission

Europe and China launched SMILE space mission

The European Space Agency (ESA), in cooperation with the Chinese Academy of Sciences (CAS), has successfully launched the Vega-C rocket carrying the SMILE spacecraft. The mission lifted off from the Kourou Space Center in French Guiana and is aimed at studying how the solar wind interacts with Earth’s magnetosphere, according to Popular Science on May 19, AzerNEWS reports, citing foreign media

Analysis

Lifestyle
Creative minds gather for cultural urbanism dialogue at World Urban Forum [PHOTOS]

Creative minds gather for cultural urbanism dialogue at World Urban Forum [PHOTOS]

An event titled "A City Woven from National Motifs: The Culture of Urban Planning" has been held at the NGO Agency's pavilion in the Urban Expo as part of the World Urban Forum (WUF13) in Baku, AzerNEWS reports.

Culture
Ismail Serageldin: Cultural heritage must remain part of living urban life

Ismail Serageldin: Cultural heritage must remain part of living urban life

Ismail Serageldin, founding director of the Bibliotheca Alexandrina (BA), the new Library of Alexandria, co-chair of the Nizami Ganjavi International Center, said that historic cities should not be treated as frozen monuments, but as living urban environments where economic and social life continues to evolve, 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
Civil societies play key role in shaping inclusive urban policies at WUF13, says NGO Forum Chief

Civil societies play key role in shaping inclusive urban policies at WUF13, says NGO Forum Chief

Speaking to AzerNEWS on the sidelines of the 13th session of the United Nations World Urban Forum (WUF13) in Baku, Ramil Isganderli, Executive Director of the Azerbaijan National NGO Forum, highlighted the growing role of NGOs and civil society organizations in urban governance, sustainable development, and decision-making processes.

Sports
Baku,Tashkent strengthen table tennis cooperation [PHOTOS]

Baku,Tashkent strengthen table tennis cooperation [PHOTOS]

The Table Tennis Federations of Azerbaijan and Uzbekistan have signed a Memorandum of Understanding to strengthen mutual cooperation and friendly relations, AzerNEWS reports.

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