Azerbaijani president Ilham Aliyev met with EBRD president Odile Renaud-Basso in Davos to discuss cooperation on infrastructure, financial sector support, and renewable energy projects. A loan agreement for Ganja’s water system was signed, strengthening ties between Azerbaijan and the EBRD.
Azerbaijani president Ilham Aliyev met with EBRD president Odile Renaud-Basso in Davos to discuss ongoing cooperation and investment projects.
Renaud-Basso congratulated Azerbaijan on successfully hosting COP29 and confirmed the EBRD’s continued support, particularly in infrastructure and financial sector development. She highlighted the bank’s approval of funding for a water supply and sanitation project in Ganja and its commitment to SMEs and women’s entrepreneurship.
President Aliyev outlined key national projects in water management, urban development, and transport, as well as Azerbaijan’s green energy plans, including regional partnerships for renewable energy exports.
Following the meeting, Azerbaijan’s minister of economy, Mikayil Jabbarov, and EBRD first vice-president Jürgen Rigterink signed a loan agreement for Ganja’s water infrastructure project, reinforcing the strong partnership between Azerbaijan and the EBRD.
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As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion ...
Fighting in the Russia–Ukraine war has intensified sharply, with both sides launching significant strikes...
As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion showcased reconstruction efforts in its liberated territories and foregrounded the importance of mine removal in resettlement efforts.
The 13th session of the World Urban Forum in Baku concluded with a high-level Women’s Roundtable focused on advancing gender equality and women’s empowerment in housing and urban development.
The European Union entered 2026 under conditions of exceptioal tensions in the energy markets. Due to the upheaval from Russia’s invasion of Ukraine, unrest in the Middle East with the closure of Strait of Hormuz, and fierce competetion for LNG , the whole new geopolitical landscape has reshaped.
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan International Investment Forum in Baku this September.
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.
Belarusian President Alexander Lukashenko has said Belarus will not be dragged into the war in Ukraine, while also stressing that Minsk and Moscow would jointly respond to any aggression against them.
Fighting in the Russia–Ukraine war has intensified sharply, with both sides launching significant strikes far beyond the front lines as the conflict enters its 1,549th day.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion showcased reconstruction efforts in its liberated territories and foregrounded the importance of mine removal in resettlement efforts.
China already dominates the global rare earth supply chain. Now, scientists have discovered new deposits in northeastern China that could prove cheaper and cleaner to extract than those mined elsewhere in the country.
More than 2,000 people gathered in San Diego this week for funeral prayers honouring three men killed while trying to stop an attack at the Islamic Centre of San Diego, in what authorities are investigating as a suspected hate crime.
U.S. Secretary of State Marco Rubio said negotiations with Iran remain deadlocked over uranium enrichment and the Strait of Hormuz, despite what he described as modest progress in recent talks.
Fighting in the Russia–Ukraine war has intensified sharply, with both sides launching significant strikes far beyond the front lines as the conflict enters its 1,549th day.
Serbian President Aleksandar Vučić said he was pessimistic that an agreement would be reached before Friday’s deadline regarding Hungarian oil company MOL group's bid to acquire a majority stake in Naftna Industrija Srbije (NIS), the operator of Serbia’s only oil refinery.
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