Azerbaijan opens Khizi-Absheron Wind Power Plant with ACWA Power
The 240-megawatt Khizi-Absheron Wind Power Plant has been inaugurated in Azerbaijan on Thursday (8 Jan) by President Illham Aliyev, who described the ...
The third Caspian Economic Forum in Teheran has brought together government officials from states of the Caspian region.
The forum brought together leaders from transport and trade organizations, entrepreneurs, and company representatives from Azerbaijan, Iran, Russia, Turkmenistan, and Kazakhstan.
Its primary goal is to foster economic, trade, scientific, and technological cooperation among the Caspian littoral states. Key topics of discussion include energy, finance, tourism, healthcare, investment in free trade zones, and logistics.
Iran’s Trade Promotion Organization has organized seven specialized panels during the event, covering areas such as trade, industry, and agriculture (Ministry of Industry, Mine, and Trade); economic, customs, banking, and investment cooperation (Ministry of Economic Affairs and Finance); transportation, transit, and engineering services (Iran's Transport and Urban Development Ministry); environmental, health, and tourism cooperation (Department of Environment); energy collaboration, including oil, gas, electricity, and renewables (Ministry of Oil and Ministry of Energy); scientific and technological cooperation (Vice Presidency for Science and Technology); and discussions among the heads of chambers of commerce (Iran Chamber of Commerce, Industries, Mines, and Agriculture).
Iran’s Deputy Minister of Industry, Mines and Trade and Chairman of the Trade Promotion Organization Mohammad Ali Dehghan Dehnavi said that the Caspian countries had a significant potential for collaboration in areas such as environmental protection, preventing the decline in the Caspian Sea's water level, safeguarding fish stocks, developing oil and gas resources, advancing maritime shipping, and establishing new transport routes.
At the forum’s conclusion, the prime ministers of the five Caspian littoral states will sign a final declaration. This will outline measures to strengthen cooperation and set a framework for ongoing ministerial follow-ups to implement the agreements.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
President Ilham Aliyev has said the opening of the Zangezur corridor is no longer in question, describing it as a strategic transport link that will connect mainland Azerbaijan with the Nakhchivan Autonomous Republic and carry cargo from China and Central Asia to wider regional markets.
Armenian Prime Minister Nikol Pashinyan met the outgoing U.S. ambassador Kristina Kvien at his office in capital Yerevan on Wednesday, according to a statement released by his office.
Armenian Prime Minister Nikol Pashinyan has confirmed that fuel imports from Azerbaijan have resumed, saying the market is open to all businesses and that discussions on broader trade and border processes are continuing.
Armenia has confirmed the shipment of a second batch of petroleum products from Azerbaijan, underscoring expanding economic ties between the two countries following the recent peace process. Yerevan's Ministry of Economy’s spokesperson, Lilit Shaboyan, verified the information.
Azerbaijan said it's conducting due diligence ahead of a potential $250–270 million investment in Israeli desalination company IDE Technologies, according to reports. The state investment company, Azerbaijan Investment Holding (AIH), is reportedly exploring the purchase of a 30% stake in the firm.
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