Daily Brief: Investment deals, F1 drama and diplomacy

Daily Brief: Investment deals, F1 drama and diplomacy
President Ilham Aliyev attended event held as part of 2nd Azerbaijan International Investment Forum, Baku, Azerbaijan, 26 September 2026
Reuters

Here’s your AnewZ Daily Brief for 29 September 2026, with the latest from Azerbaijan, from $10.8 billion in investment deals and Formula 1 drama to diplomacy and preparations for major FIFA tournaments.

Azerbaijan investment forum ends with $10.8 billion in deals

The two-day Azerbaijan International Investment Forum concluded in Baku, bringing together global investors, financial institutions and business leaders to discuss investment, connectivity, energy, technology and economic diversification.

The forum ended with 23 agreements and documents covering planned investment projects worth $10.8 billion across sectors including artificial intelligence, renewable energy, construction, the digital economy, industry, agriculture and finance.

President Ilham Aliyev welcomes FIFA chief to Azerbaijan

Azerbaijani President Ilham Aliyev met FIFA President Gianni Infantino in Baku on 29 September to discuss football development in the country and opportunities for further cooperation.

Aliyev highlighted preparations for the FIFA U-15 World Cup and Festival, which Azerbaijan will host for the first time in October, as well as the FIFA U-20 World Cup in 2027.

Infantino said the U-15 event would attract international attention, while both sides highlighted recent progress in Azerbaijani football and cooperation between Azerbaijan and FIFA.

George Russell wins Azerbaijan Grand Prix in Baku

George Russell won the Azerbaijan Grand Prix in Baku on 26 September, holding off Red Bull’s Max Verstappen by just0.196 seconds in a dramatic 51-lap race.

The Mercedes driver converted pole position into victory despite two safety car periods and late pressure from Verstappen, while Red Bull’s Isack Hadjar finished third.

The win marked Russell’s third victory of the 2026 season and the eighth of his Formula 1 career.

Azerbaijan marks sixth anniversary of Patriotic War

Azerbaijan has marked the sixth anniversary of the start of the Patriotic War, which began on 27 September 2020 and lasted 44 days.

The conflict ended with a trilateral statement signed by the leaders of Azerbaijan, Armenia and Russia on 10 November 2020, after Azerbaijan regained control of territories that had remained outside its control for almost three decades.

A key turning point came on 8 November, when President Ilham Aliyev announced that Azerbaijani forces had taken control of Shusha. Azerbaijan later said it had restored full state sovereignty across its internationally recognised territory.

Azerbaijan takes part in UN General Assembly meetings

The 81st session of the UN General Assembly brought world leaders and senior officials to New York to discuss major international issues.

Speaking at the gathering, Azerbaijani Foreign Minister Jeyhun Bayramov said Azerbaijan has achieved “de facto peace” with Armenia following the Washington Peace Summit and the initialling of an agreement on peace and interstate relations.

He said Azerbaijan’s peace agenda had helped turn the South Caucasus into an “anchor of stability, connectivity, and tangible economic dividends.”

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