Investment Opportunities Offered to Tatarstan Companies

S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."

In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.

A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.

Azerbaijan’s state-owned energy company, SOCAR, is deepening its engagement in international gas projects as it seeks to diversify supply routes to Europe. In January 2025, the company acquired a 10% stake in Israel’s Tamar gas field, which holds an estimated 300 billion cubic meters (bcm) of natural gas. The field, located near the giant Leviathan deposit, is seen as a key source for expanding gas exports from the eastern Mediterranean.