Business & Economics
AlHuda CIBE Facilitates ARC o Establish ReTakaful Facility
Groundbreaking Sharia-compliant reinsurance initiative launched to advance climate resilience and inclusive finance in ARC member states. AlHuda CIBE has successfully facilitated the ARC to establish WAQF ReTakaful Facility, a groundbreaking Sharia-compliant, non-profit mutual structure established by the African Risk Capacity
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Turkey’s Cengiz Holding Not Backing Out of Plans to Purchase Lukoil Refinery in Bulgaria with SOCAR
Turkey’s Cengiz Holding has no intentions to withdraw from plans to purchase the Lukoil Neftohim Burgas oil refinery in Bulgaria from Lukoil jointly with the State Oil Company of the Azerbaijani Republic (SOCAR), Turkish publication Patronlar Dunyası reported. The publication
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XRG to Acquire Stake in Southern Gas Corridor CJSC, Expanding Caspian Footprint
ABU DHABI, 3rd November, 2025 (WAM) — XRG, the international energy investment platform launched by ADNOC in November 2024, has announced it has signed non-binding Heads of Terms to acquire a stake in Southern Gas Corridor CJSC (SGC) from the
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President Ilham Aliyev: Azerbaijan Lifts All Restrictions On Transit Of Goods To Armenia
Azerbaijan has lifted all restrictions on the transit of goods to Armenia that had been in place since the occupation, said President of Azerbaijan Ilham Aliyev during a joint press statement with President of Kazakhstan Kassym-Jomart Tokayev. “I should also
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Turkic Bridge: Azerbaijan Driving Transport And Energy Integration
By Laman Zeynalova – Trend News Agency 12th Summit of the Council of Heads of State of the Organization of Turkic States (OTS), held in Gabala, Azerbaijan, highlighted the growing importance of the organization on the regional stage and underscored
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There’s No Substitute for Peace to Promote a Harmonious and Prosperous Regional Development
Dr. Carsten Sander Christensen, political reporter for “Azerbaijan Today” magazine, had an interview with Ambassador Extraordinary and Plenipotentiary of the Federative Republic of Brazil to Azerbaijan Mr. Manuel Montenegro. A.T.: Mr. Ambassador, how do you assess the bilateral relations between Brazil and
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After Landmark Visit, Türkiye-US $100B Trade Goal to be Achieved via Strategic Agreements
By Yunus Turk and Emir Yildirim, Anadolu Acency Türkiye is aiming to reach $100 billion in foreign trade with the US, which is possible with strategic agreements on energy and trade signed during Turkish President Recep Tayyip Erdogan’s visit to
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Asset Integrity Corrosion and Coatings Conference and Showcase
The Asset Integrity Corrosion and Coatings Conference and Showcase (AICC Caspian), hosted by SOCAR, the State Oil Company of Azerbaijan, will take place from 9 to 11 December 2025 in Baku. This event centres on the theme “Integrating Sustainability into
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SOCAR Prepares Proposals For Conducting Exploration Work In Bulgaria, Iraq
The State Oil Company of the Azerbaijani Republic (SOCAR) has prepared proposals for conducting exploration and production (E&P) work in Bulgaria and Iraq, according to the company’s annual report for 2024. “In 2024, an assessment of E&P projects in Bulgaria
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Road to Peace Runs Through New Delhi: Trump Aide Lashes Out at India Over Russian Oil Purchases
By Alex Raufoglu WASHINGTON, DC – In a rare and striking public appearance, White House trade adviser Peter Navarro delivered a scathing critique of India’s role in the global energy market, directly linking the country’s purchases of Russian oil to
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