Economy
Trump Rejects Iran's Strait of Hormuz Proposal
US President Donald Trump said he rejected an Iranian plan to resume shipping through the Strait of Hormuz.
Top Stories
Iraq in Talks with US on Partial Resumption of Air Links with Iran
Baghdad is asking Washington to allow Iraqi Airways limited flights to Iran. As a compromise, it proposes receiving all Iranian flights only at Al-Najaf airport.
UK Diesel Price Hits All-Time Record
The average price of diesel in the UK reached £1.9918 per litre, breaking the previous record set in June 2022.
Russia's Direct Investment in Azerbaijan Up 1.8 Times
In the first half of 2026, Russia's foreign direct investment in Azerbaijan reached $237.119 million, 1.8 times more than a year earlier. The counterflow of investment from Azerbaijan to Russia fell by 20.6%.
Unibank Secures $50 Million from FMO to Boost SME Lending
Unibank and Dutch development bank FMO have signed a four-year $50 million financing agreement. The funds will support microenterprises and SMEs, including women entrepreneurs and the agricultural sector.
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Transport
Iraq in Talks with US on Partial Resumption of Air Links with Iran
Baghdad is asking Washington to allow Iraqi Airways limited flights to Iran. As a compromise, it proposes receiving all Iranian flights only at Al-Najaf airport.
Economy
UK Diesel Price Hits All-Time Record
The average price of diesel in the UK reached £1.9918 per litre, breaking the previous record set in June 2022.
Economy
Russia's Direct Investment in Azerbaijan Up 1.8 Times
In the first half of 2026, Russia's foreign direct investment in Azerbaijan reached $237.119 million, 1.8 times more than a year earlier. The counterflow of investment from Azerbaijan to Russia fell by 20.6%.
Economy
Unibank Secures $50 Million from FMO to Boost SME Lending
Unibank and Dutch development bank FMO have signed a four-year $50 million financing agreement. The funds will support microenterprises and SMEs, including women entrepreneurs and the agricultural sector.
EconomyPartner
Yelo Bank Launches 1% Discount on First Cash Loan
Yelo Bank offers new customers an additional 1% discount on the interest rate and no commission on their first cash loan.
Economy
Azerbaijan, Turkey and Georgia Discuss Simplified Customs Procedures on Middle Corridor
The 5th meeting of the Trilateral Customs Commission was held in Goygol District. The parties signed a protocol on agreements.
Transport
Baku Centre to Restrict Car Traffic on All Days of the Week
Azerbaijan's Land Transport Agency is expanding traffic restrictions on central Baku streets from weekends to all days of the week. The new rules will be introduced in test mode from 5 October.
Economy
Investment grew by 10%: oil and gas and other sectors diverge
Oil and gas investment added 32.4%, non-oil and gas — 1.4%. Most of the money is still outside oil and gas, but the fastest growth is concentrated in it.
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