Iran allows 32 ships through Strait of Hormuz amid diplomatic push
Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday it had authorised 32 vessels to pass through the Strait of Hormuz, as Tehran and Wash...
The forum features plenary sessions, industry-focused panel discussions, B2B meetings, and a large investment exhibition.
During the event, regional development directions, priority investment sectors, and major infrastructure projects have been discussed.
Notably, the BS/2 company is participating in the forum alongside its partner banks in Uzbekistan. The company is presenting advanced solutions in bank infrastructure automation, self-service network management, and digital financial services.
TIIF 2025 provides participants with unique opportunities to exchange experience in high technologies and finance, establish new business connections, and expand international partnerships. This forum will play a significant role in developing economic cooperation between Azerbaijan and Uzbekistan, as well as deepening regional economic integration. On June 11, Azerbaijani and Uzbek business leaders and government officials will discuss opportunities to deepen economic cooperation within the framework of the 4th International Investment Forum.
On the third day of the forum, a panel discussion titled "Azerbaijan–Uzbekistan: The Vector of Economic Cooperation" will be held. The discussions will focus on strengthening bilateral trade, implementing joint investment projects, and expanding cooperation in energy, transport, agriculture, industry, and digital technologies.
Additionally, regional coordination initiatives, particularly the Middle Corridor program, will be discussed. This program is an international transport route connecting China, Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, Turkey, and Europe. In October 2023, Azerbaijan, Georgia, and Kazakhstan agreed to establish a joint railway company — Middle Corridor Multimodal Ltd. — to improve the efficiency of transit operations along this route. By the end of 2024, the volume of cargo transported via the Trans-Caspian route increased by 62%, reaching 4.5 million tons, and is expected to rise to 10 million tons by 2027.
Important decisions regarding the expansion of cooperation in digital technologies, energy, transport, and other strategic sectors will be made at this forum, which will give new momentum to the region’s economic development.
The inaugural Enhanced Games began in Las Vegas on Sunday (24 May), launching one of the most controversial experiments in modern sport, in which athletes openly compete using performance-enhancing drugs banned under traditional anti-doping rules.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
A "largely negotiated" memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald Trump said on Saturday, though the Iranian Fars news agency disputed that claim.
The World Health Organization warned on Monday that the fast-moving Ebola outbreak in the Democratic Republic of the Congo and Uganda was outpacing response efforts, with 220 suspected deaths reported so far.
Police fired tear gas and clashed with protesters in central Belgrade on Saturday, as tens of thousands gathered to demand early elections and an end to the more than decade-long rule of Serbia's President Aleksandar Vučić.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
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