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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Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Palestinian Authority President Mahmoud Abbas met Türkiye’s President Recep Tayyip Erdoğan on Wednesday for talks focused on Gaza, Palestinian statehood and regional security.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
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