NATO warns of potential Baltic undersea sabotage
NATO has strengthened its security to safeguard undersea infrastructure, since a suspected sabotage in January this year in the Baltic Sea. The allian...
SOCAR issues $200M "green bonds" to boost climate finance in Azerbaijan, supporting renewable energy and zero-emission goals by 2050. Invest by Feb 28, 2025.
Azerbaijan’s state-run oil company set to issue inaugural “green bonds” which will definitely boost climate finance market in the country.
On 15th January, SOCAR will issue 200,000 bonds with a nominal value of $1,000 each. Offering an annual yield of 6%, the bonds will provide quarterly interest payments. Investors can purchase the bonds until February 28, 2025.
PASHA Capital Investment Company serves as the underwriter for this issuance initiative, while “green bonds” will be available at SOCAR Bonds kiosks in ASAN centers, as well as through investment companies registered in Azerbaijan.
Sustainability-linked bonds offer SOCAR Green new funding to support renewable energy projects and investments reinforcing its commitment to accelerating SOCAR’s transition to a zero-emission national energy company by 2050.
Established in 2024, SOCAR Green is a subsidiary of SOCAR initiating large-scale solar, wind, and green hydrogen projects through strategic partnerships with international leaders in renewable energy.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
TEKNOFEST opened its doors on Wednesday (17 September) at Istanbul Ataturk Airport, bringing together technology lovers, innovators, and entrepreneurs.
Around 300 local and international media representatives will be accredited at the Media Centre established by the Baku City Circuit Operations Company to cover this year’s Formula 1 Azerbaijan Grand Prix.
Georgian Prime Minister Irakli Kobakhidze said during a press briefing in Adjara that some non-governmental organisations (NGOs) have engaged in anti-state activities and attempted to instigate revolutionary processes with the support of foreign funding.
European Union Enlargement Commissioner Marta Kos has set off on Wednesday for a three-day visit to Azerbaijan and Armenia. The trip comes at a pivotal moment for EU engagement in the South Caucasus and aims to support the Armenia–Azerbaijan peace process.
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