The State Oil Fund of Azerbaijan (SOFAZ) has invested €34.5 million in Italy’s leading high-speed railway operator, Italo – Nuovo Trasporto Viaggiatori S.p.A. (Italo) by entering into agreement with the Global Infrastructure Partners (GIP), affiliated with US-based BlackRock.
Italo is one of Europe’s leading private high-speed rail operators. Since its launch in 2012, Italo has grown to operate a fleet of over 50 energy efficient electric trains, connecting 54 cities across Italy and serving over 20 million passengers per year.
In 2023, Mediterranean Shipping Company, a global leader in transportation and logistics, a stake of approximately 50% in Italo. The other approximately 50% interest in Italo are owned by GIP, which has joint governance with MSC, and other co-investors, including SOFAZ.
Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors.
Azerbaijan and Uzbekistan’s foreign ministers have held talks amid escalating regional tensions following the Iran-Israel confrontation.
The Embassy of Azerbaijan in the Islamic Republic of Iran, the Consulate General in Tabriz, as well as the Embassy in the State of Israel, continue to process calls received via hotlines from Azerbaijani citizens in Iran.
Another group of the Tchaikovsky Symphony Orchestra of Russia has been evacuated from Iran to Azerbaijan. During the night, a new group of orchestra members crossed into Azerbaijan through the Astara border checkpoint as part of the ongoing evacuation process.
Kazakhstan has emerged as Azerbaijan’s top grain supplier, as trade between the two countries surged 20% in early 2025, reaching historic highs.
Amid the threat of civil war and national collapse, Azerbaijan turned to its most experienced statesman, Heydar Aliyev, whose return to power on June 15, 1993, marked the beginning of the country's political revival.
As Iran–Israel tensions escalate, the USS Nimitz is heading to the Middle East. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Israeli Prime Minister Benjamin Netanyahu has stated that a potential operation targeting Iran’s Supreme Leader would "end the conflict" rather than escalate it, framing the strategy as a path to resolution rather than provocation.
President Trump is cutting short his G7 trip and returning to Washington as tensions soar between Iran and Israel. After urging civilians to evacuate Tehran and warning Iran against nuclear ambitions, Trump said he must be back "for obvious reasons" amid rising fears of regional war.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump agreed Monday to work toward finalizing a new economic and security deal within 30 days, despite ongoing disagreements over tariffs.
The 51st G7 Leaders' Summit kicked off in Kananaskis, Canada, with President Trump and Prime Minister Starmer announcing a landmark trade agreement that cuts tariffs on autos, steel, aluminum, beef, and ethanol, strengthening economic ties between the US and UK.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The Israeli military has issued an evacuation advisory for Iranian civilians living near weapons production sites and associated infrastructure within Iran. The message was shared on the social media platform X in both Arabic and Farsi by an official military spokesperson.
Donald Trump's media company has filed for a Bitcoin and Ethereum exchange-traded fund (ETF), prompting fresh concerns over potential conflicts of interest as the U.S. President remains active in both politics and cryptocurrency ventures.
Dozens of public companies, including one founded by Donald Trump, are adding bitcoin to their balance sheets, betting big on crypto amid soaring prices and political backing from the U.S. President.
Jaguar Land Rover (JLR) has warned that its profits will take a hit due to new U.S. tariffs imposed by President Donald Trump, after the company paused shipments to the American market in response to new 25% import tax hikes.
A delegation from the EBRD’s Board of Directors will visit Kazakhstan from 16 to 20 June 2025
The U.S. dollar advanced on Friday as investors rushed back into the currency and other safe-haven assets including U.S. Treasury bonds and gold after Israel launched widescale strikes against Iran, sparking Iranian retaliation.
As Iran–Israel tensions escalate, the USS Nimitz is heading to the Middle East. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Israeli Prime Minister Benjamin Netanyahu has stated that a potential operation targeting Iran’s Supreme Leader would "end the conflict" rather than escalate it, framing the strategy as a path to resolution rather than provocation.
President Trump is cutting short his G7 trip and returning to Washington as tensions soar between Iran and Israel. After urging civilians to evacuate Tehran and warning Iran against nuclear ambitions, Trump said he must be back "for obvious reasons" amid rising fears of regional war.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump agreed Monday to work toward finalizing a new economic and security deal within 30 days, despite ongoing disagreements over tariffs.
The 51st G7 Leaders' Summit kicked off in Kananaskis, Canada, with President Trump and Prime Minister Starmer announcing a landmark trade agreement that cuts tariffs on autos, steel, aluminum, beef, and ethanol, strengthening economic ties between the US and UK.
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