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AzerNews - News from Azerbaijan, Business, Energy, Analysis“Great Return” brings more families back to Khocali and BallijaThe process of resettling families to the territories liberated from occupation continues as part of the “Great Return” initiative, following the directive of President Ilham Aliyev. Families relocated to the city of Khojali and the village of Ballija in the Khojali district were previously living in temporary accommodations—mainly dormitories, sanatoriums, and administrative buildings—across various regions of the country. Azerbaijan to introduce logistics subsidies to boost exports this yearIn 2025, Azerbaijan will implement a new mechanism that provides logistics subsidies to support exporters entering foreign markets. SMBDA prioritizes women’s entrepreneurship, says ChairmanThe goal of the Small and Medium Business Development Agency (SMBDA), under the Ministry of Economy, is to promote and develop women's entrepreneurship. Azerbaijan, Turkiye discuss expanding Middle CorridorThe prospects for cooperation between Azerbaijan and Turkiye in developing the Trans-Caspian International Transport Route (Middle Corridor) were discussed. National Art Museum's visitors enjoy Belarusian traditional palace feastsThe Azerbaijan National Art Museum's visitors have taken part in the wonderful journey through time, Azernews reports. Program of My Azerbaijan Int'l Festival announcedThe 8th International Children's and Youth Fine Arts Festival "Azərbaycanim" (My Azerbaijan), dedicated to Independence Day (May 28), will be held on May 24 in front of the Khatai District Executive Authority, Azernews reports. Anglo Asian Mining revenue falls amid production slowdown, but outlook brightens with new minesIn 2024, operations at the Gedebay agitation filtration and flotation processing facilities were temporarily suspended. Additionally, mining was limited to the Gedebay open-pit and “Qadir” underground mines, both of which are approaching the end of their lifespans. These constraints led to the processing of lower-grade ore, reducing output significantly. A decrease in production volumes primarily drove the revenue drop, although rising global metal prices helped mitigate the losses. In 2024, operations at the Gedebay agitation filtration and flotation processing facilities were temporarily suspended. Additionally, mining was limited to the Gedebay open-pit and “Qadir” underground mines, both of which are approaching the end of their lifespans. These constraints led to the processing of lower-grade ore, reducing output significantly. Total production for the year stood at... Azerbaijan, Iran wrap up successful “Araz-2025” military drillThe joint military exercise “Araz-2025,” conducted with the participation of Azerbaijani and Iranian service members, has concluded successfully, Azernews reports. Trial of Armenian-origin individuals accused of war crimes continues in BakuA court hearing is underway at the Baku Court Complex in the criminal case of 15 individuals of Armenian origin accused of committing grave war crimes and crimes against humanity. The trial is chaired by Judge Zeynal Agayev of the Baku Military Court, Azernews reports. Azerbaijan boosts crude oil exports to IndonesiaAzerbaijan has significantly increased its crude oil and bituminous rock product exports to Indonesia in the first four months of 2025, according to the State Customs Committee, Azernews reports. From January to April, over ... Azerbaijan to host Islamic Development Bank Group’s Annual MeetingAzerbaijan has been selected to host the next Annual Meeting of the Islamic Development Bank Group (IsDB) in 2026. The announcement was made during the ongoing meeting of the Bank in Algiers, which is being held under the theme “Diversifying Economies, Improving the Quality of Life,” Azernews reports. Caspian connection: Hungary’s rising stake in Azerbaijan’s energy futureWhile the world’s attention often gravitates toward the dramatic upheavals in global energy markets—from tanker blockades to pipeline explosions—some of the most consequential developments occur quietly, through agreements, investments, and growing partnerships far from the headlines. One such development is unfolding between Hungary and Azerbaijan, a strategic relationship that is slowly reshaping Central Europe’s energy map. Azerbaijan, Kazakhstan plan stock market integration to boost participationAzerbaijan and Kazakhstan are planning to integrate their stock markets to deepen market development and attract a broader base of participants. World Mini-Football Championship kicks off in BakuThe World Mini-Football Championship has kicked off in Baku, Azernews reports. Educational seminar held ahead of European Youth Olympic FestivalAn awareness-raising seminar has been held within the training camp, organized jointly by the International Olympic Committee (IOC) Olympic Solidarity Fund and the Azerbaijan National Olympic Committee (NOC) in collaboration with affiliated national sports federations, Azernews reports. |
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