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Kapital Bank receives the “Great Place to Work” certification for the third time

... velopment, enrich the workplace environment, and nurture a strong team spirit. Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 119 branches and 52 departments all over the country. For more detailed information about the bank’s products and services, plea ...

AZAL continues fleet renewal: second new Airbus A320neo arrives in Baku this year

... Azerbaijan Airlines (AZAL), a part of AZCON Holding, has welcomed a second new Airbus A320neo to its fleet this year as part of a large-scale modernization and sustainable development program. The fleet expansion strengthens AZAL’s position in regional and global aviation markets while offering passengers greater flexibility and comfort wh ...

Discussions were held on the development of Nakhchivan as a Green Energy Zone

... Jointly chaired by the Minister of Energy Parviz Shahbazov and the Plenipotentiary Representative of the President of the Republic of Azerbaijan in the Nakhchivan Autonomous Republic Fuad Najafli, a meeting dedicated to the development of the electric power system within the framework of the implementation of the State Program on the Socio-Economic ...

Bank Respublika signs the largest loan agreement among private banks in Azerbaijan

... FMO provides Bank Respublika with USD 65 million loan Bank Respublika, one of the largest commercial banks in Azerbaijan, has signed a landmark loan agreement with the Netherlands Development Bank (FMO). Under the agreement, FMO will provide the Bank with a four-year loan in Azerbaijani manats (AZN), equivalent to USD 65 million. The funds ra ...

The European Union organises the third European Culinary Festival

... The Delegation of the European Union (EU) to Azerbaijan, in partnership with the Embassies of the EU Member States and Ukraine will hold the third “Taste of Europe” Culinary Festival at the Aquatic Palace, the European Games Park on 11 October 2025. This is an outdoor event to showcase the European cuisine to the Azerbaijani public. ...

CB Unibank Azerbaijan and BlueOrchard Finance Ltd. Sign Subordinated and Senior Facility Agreements for USD 23 Million

... Commercial Bank Unibank Azerbaijan and Swiss impact investment manager BlueOrchard Finance Ltd. have signed subordinated and senior facility agreements in the total amount of USD 23 million. 13 mln USD out of 23 mln USD will be classified as Tier 2 capital in accordance with the regulations of the Central Bank of the Republic of Azerbaijan and t ...

The first Azerbaijani Sign Language mobile application launched

... With the support of the affordable mobile operator Nar, Azerbaijan’s first mobile application for learning sign language – JestPlus – has now been launched. This important social project was implemented with the joint support of Nar, ADA University and ADA University Foundation, bp and its co-venturers. The content development and ...

Committee Chairman Anar Guliyev Holds Meeting with Bulgarian Minister

... During the meeting, issues related to strengthening cooperation between Azerbaijan and Bulgaria in the fields of urban planning, sustainable development, and infrastructure were discussed. The parties also agreed to expand the exchange of experience in urban planning and to organize bilateral visits aimed at the implementation of green and smart so ...

AccessBank Secures USD 7.5 Million to Support Green Economy Development in Azerbaijan

... tranche of cooperation with GCPF, following the first attracted in December 2023, ahead of COP29 in Baku, which was successfully utilized to support green projects. The new, larger tranche continues Azerbaijan’s green agenda and strengthens AccessBank’s role in promoting clean energy and sustainable practices. Chairman of the Manage ...

The State Oil Fund of the Republic of Azerbaijan invests £50 million in London Gatwick Airport

... The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has partnered with U.S.-based Global Infrastructure Partners (GIP), a part of BlackRock, to invest £50 million in London Gatwick Airport. The transaction represents one of the largest single infrastructure deals undertaken by SOFAZ in the European market, underscoring the Fund’ ...

UNEC Ranks First in Azerbaijan and the South Caucasus!

... ducation (THE) World University Rankings 2026 have been officially announced! Demonstrating the successful implementation of President Ilham Aliyev’s directive and vision of transforming the Azerbaijan State University of Economics into a world-class university, UNEC has achieved another significant milestone. For the first time ever, U ...

Nar supports the publication reflecting Azerbaijan’s economic potential

... An affordable mobile operator Nar has supported the publication of “Market Analysis Azerbaijan 2025–2026 – Industry Profiles and Investment Trends”, prepared in cooperation with the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) and Germany Trade & Invest (GTAI). The publication serves as a reliable source of in ...

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