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 ...
Azerbaijan and Syria have reached an agreement to establish a joint business council aimed at enhancing trade and economic cooperation between the two nations, according to the Syrian embassy in Azerbaijan.
The primary goal of the council is to strengthen bilateral commercial relations and foster greater collaboration between companies in both countries. This new initiative is expected to provide a platform for businesses to explore mutual opportunities and encourage economic growth through joint ventures and partnerships.
The council will also support businesses interested in expanding into the Syrian market. Companies eager to engage in this process can apply through the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), which will facilitate connections and provide necessary support for potential ventures.
This strategic move underscores the growing importance of international partnerships and the potential for increasing commercial ties between Azerbaijan and Syria. Both countries hope that the formation of this council will serve as a catalyst for deeper economic engagement and the development of long-term trade relations.
As the business environment evolves, this council offers a promising avenue for companies looking to diversify and expand their markets. It also reflects the broader efforts of both nations to strengthen economic diplomacy and foster a more integrated regional economy.
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.
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.
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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