Zeyni Jafarov
Azerbaijan Railways introduces mandatory verification for Baku–Tbilisi tickets
Azerbaijan Railways introduces new verification rules for online ticket purchases on the Baku–Tbilisi–Baku route. Verification must be completed to buy a ticket.
Azerbaijan Airlines Receives Second Airbus A321neo
Azerbaijan Airlines' next-generation fleet has reached 10 aircraft following the delivery of a second Airbus A321neo. Two more are expected by the end of 2026.
Kazakhstan and Azerbaijan Explore Construction of Ferries for 120 Railcars
The parties are considering a project for new ferries capable of carrying two trains simultaneously, which should speed up delivery along the Middle Corridor.
Azerbaijan Railways launches additional Baku–Tbilisi services from 1 November
From 1 November 2026, four daily trains will run on the Baku–Tbilisi–Baku route, increasing passenger capacity from 386 to 564 seats. Standard-class tickets for the additional services start at 36 manats.
PASHA Holding seeks startups across the region to meet its companies' needs
PASHA Holding selects startups from the region for specific tasks of its portfolio companies, and successful pilots are scaled within the group. Venture fund INMerge VC has made six investments since January.
Binance Expands Educational Initiatives in Azerbaijan
Binance will continue to develop free educational formats within the Baku Learning Lab amid growing interest in crypto literacy in Azerbaijan.
IATA: Global Air Travel Demand Falls 0.8% in August 2026
Passenger air travel demand declined 0.8% year-on-year, while cargo traffic rose 4.4%. The passenger load factor stood at 85.1%.
Azerbaijan Invites Greek Companies to Invest
Azerbaijan's Energy Minister Parviz Shahbazov urged Greek companies to take advantage of the country's investment climate and increase mutual investments. Opportunities were presented at a business forum in Athens.
UK Imposes 31 New Sanctions on Russia
London has expanded sanctions against Russia, targeting 23 individuals and entities as well as eight vessels. The restrictions cover LNG shipping, the shadow fleet and pro-Russian disinformation.
Combined GDP of Turkic States Organization Reaches $2.4 Trillion
OTG Secretary General Kubanychbek Omuraliev told the CAMCA 2026 forum in Baku that the organization's combined GDP stands at $2.4 trillion, highlighting the development of the Middle Corridor.
Azerbaijan-Oman Fund to Acquire Stake in Azər-Türk Bank
The Azerbaijan-Oman Direct Investment Fund will become a shareholder in the state-owned Azər-Türk Bank through the purchase of new shares. The bank's charter capital will be increased via an additional share issuance.
Azerbaijan and SpaceXAI Agree to Apply Grok AI in Public Services
Azerbaijan's Ministry of Digital Development and Transport and SpaceXAI have signed a memorandum of understanding on AI cooperation, paving the way for Grok models to be used in government services.
Spotify and TikTok Registered for Tax Purposes in Kyrgyzstan
The State Tax Service has registered Sweden's Spotify AB and Singapore's TikTok Pte. Ltd. as digital service providers for VAT purposes.
Azerbaijan Introduces New Conditions for Tax Breaks for Large Businesses in Industrial Parks
The Milli Majlis adopted in the first reading amendments to the Tax Code setting additional requirements for large entrepreneurs — residents of industrial and technological parks — to qualify for tax breaks.
Azerbaijan Changes Calculation of Electronic Transfer Threshold
From 1 October, the minimum threshold for electronic money transfers that financial institutions must report to the Financial Monitoring Service will be calculated on a calendar-year basis.
Milli Majlis adopts pension supplement bill in first reading
Azerbaijan's parliament approved in the first reading a new chapter V-I to the Law on Labour Pensions, defining who is entitled to a monthly pension supplement. The changes take effect on 1 October 2026.
Absheron Full Field Development to Require $4.2 Billion Investment
The Absheron Full Field Development project has reached final investment decision. First gas is planned for 2029.
Azerbaijan May Deploy Grok AI in Public Services
Azerbaijan's Ministry of Digital Development and SpaceXAI have signed a memorandum of understanding on AI cooperation. Solutions based on Grok models could be integrated into public services and digital infrastructure.
ICIEC and SOCAR Green Discuss Insurance for Green Investments in Azerbaijan
The Islamic Corporation for the Insurance of Investment and Export Credit and SOCAR Green discussed cooperation in renewable energy, including insurance instruments to attract green investments.
Azerbaijan Passes First Reading of Tax Breaks for Startups
Azerbaijan's Milli Majlis has adopted in the first reading amendments to the Tax and Migration Codes providing tax breaks for startups and investors.
Azerbaijani MP Proposes Law on AI and Social Media
MP Jeyhun Mammadov, at the first session of the parliament's autumn session, proposed a law regulating artificial intelligence and social networks.
Azerbaijan Lawmaker Proposes Bill to Regulate Social Media
Milli Majlis deputy Hikmet Mammadov called for a single law defining social networks' responsibility for violating the country's digital sovereignty.
Azerbaijan and China create $1 billion investment fund
The Azerbaijan Investment Holding and China's Silk Road Fund are establishing a joint fund with capital of 7.5 billion yuan (about $1 billion) for projects in Azerbaijan and countries along the Belt and Road.
EU Launches Cybersecurity Month Amid Gap Between Employee Awareness and Behaviour
Starting 1 October, the European Union is holding its annual Cybersecurity Month. A Eurobarometer survey found that 83% of employees consider the consequences of cyberattacks serious, but only half follow basic digital protection rules.