Business
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The agreement covering three projects in Azerbaijan and Georgia is not based solely on tourism growth. Sales of 520 luxury residences could become the principal source of commercial sustainability, while the hotels will provide a permanent brand...
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Israeli property developer Hagag Group plans to build about 3,500 apartments at the Sea Breeze resort complex near Baku. An analysis of the proposed transaction, however, shows that this is not yet a completed investment but a preliminary agreement...
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The most revealing question about Azerbaijan’s visa policy did not arise from a visa form, but in Baku in November 2024. For COP29, the government created a special visa for registered participants that was free, electronic and processed within...
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The completion of SOCAR’s acquisition of 99.82% of Italiana Petroli on May 8th 2026 offered the clearest evidence yet that the State Oil Company of the Azerbaijan Republic is no longer content to be merely an exporter of Caspian hydrocarbons. The...
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